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European Commission proposes ‘Buy EU’ plan to compete against China

European Commission proposes ‘Buy EU’ plan to compete against China

04.03.2026 19:18 | The Guardian World

Plan, which aims to preserve jobs in clean tech and low carbon sectors, could include UK if there is reciprocal market accessThe European Commission has proposed a “Buy EU” plan to boost domestic low-carbon industries and help the continent compete against China.The commission published a draft regulation – called the Industrial Accelerator Act – on Wednesday, setting demands for EU-made and low-carbon content on bodies spending public money. The rules mark a major shift in economic thinking from Brussels, long a bastion of open markets. Continue reading...

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