Economic policy
EU advances ‘Made in EU’ Industrial Accelerator Act; China warns of countermeasures
Imeripotiwa na AI Picha iliyoundwa na AI Imethibitishwa ukweli
The European Commission has proposed the Industrial Accelerator Act, a flagship “Made in EU” initiative that would tie parts of public procurement and support schemes to local-content and low‑carbon requirements in selected strategic sectors. China’s commerce ministry has criticized the plan as discriminatory and warned it could respond if Chinese companies’ interests are harmed.
China and the European Union held in-depth discussions on establishing a trade and investment consultation mechanism, signaling willingness to manage differences through dialogue.
Imeripotiwa na AI
Sanae Takaichi is considering a new quota for growth investment covering 17 areas including artificial intelligence and semiconductors.