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EU proposes "Made in EU" rules for strategic sectors to limit China reliance
The act targets strategic sectors with conditions on foreign investments over €100 million and aims to raise manufacturing's share of EU GDP to 20% by 2035, the Commission said.
- 1- The European Commission introduced plans to strengthen the EU’s manufacturing sector while advancing decarbonization efforts and reducing reliance on low-cost imports. 2- The proposed Industrial Accelerator Act would establish local content requirements and promote “Made in EU” standards. 3- The rules would apply to public procurement and subsidies for low-carbon industries such as steel, cement, aluminium, wind turbines, electrolysers, and electric vehicles.
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47 Articles
47 Articles
After several referrals, the European Commission proposes the Industrial Accelerator Act, a strategy for the industry that sets criteria for "Made in Europe" and "low carbon emissions" for access to contracts...
·Milan, Italy
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Despite criticism from Germany in particular, the EU Commission wants to implement its "Made in Europe", but experts warn of a lot of bureaucracy and little success.
·Düsseldorf, Germany
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EU slams door on China with ‘Made in Europe’ push
EU Commissioner Stéphane Séjourné on Wednesday presented a strategy shutting Beijing out of EU public funding by introducing a European preference in strategic sectors. Countries which limit access to their own markets through local content rules would also be cut off.
·France
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Coverage Details
Total News Sources47
Leaning Left9Leaning Right6Center14Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 31%
C 48%
R 21%
Factuality
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