Earlier quoted context omitted.
China and the EU can, and should. "Polluter pays" should become the standard policy in international trade in numerous other ways, too.
Wouldn't "user pays" be more logical. I think it is quite dishonest to blame China when consumption happens in Europe or USA... All of the pollution should be transported in calculations where consumption happens.
However, industry is without a doubt a massive resource user. Modern methods in manufacturing can save significant amounts of energy, water, and more. As China is the main producer in many instances, a change also needs to happen there to go from heavy polluting to less polluting methods.