国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Macro

Market economy status 'must not be denied'

By Jing Shuiyu and Zhao Nan | China Daily | Updated: 2017-12-05 07:21

Market economy status 'must not be denied'

Wei Jianguo, former vice-minister of commerce. [Photo/China Daily]

China's market economy status in the World Trade Organization must not be denied by any countries or regions, as its market-oriented economy has benefited the world economy via the multilateral trading system for more than a decade, said a former senior commerce official on Monday.

His remarks came after the United States formally informed the WTO of its opposition to granting market economy status to China last week. If upheld, this would allow Washington to maintain high anti-dumping duties on Chinese goods.

The statement of opposition was submitted as a third-party brief in support of the European Union in a dispute with China that could have major repercussions for the trade body's future.

"The US is opposing China's market economy status for its own interests. It is actually politicizing this issue and not really resolving any problem," said Wei Jianguo, former vice-minister of commerce.

"It further shows that the US, a country that has lost its credibility, reneged on its commitments when China joined the WTO," he told China Daily.

Disrespecting facts and failing to abide by the rules would have greatly damaged the credibility of the entire US market, added Wei, who also is vice-president of the China Center for International Economic Exchanges, a major government think tank.

When China joined the WTO, members used production costs in a third country to calculate the value of products from countries on their "nonmarket economy" list, which includes China.

In accordance with Article 15 of the accession protocol, the surrogate country approach expired on Dec 11, 2016.

However, the US, the EU and some other members use prices in a third country as a benchmark to calculate the normal value of export products from China, under the surrogate country system.

For years, China has been ramping up efforts to safeguard its legal rights.

The Ministry of Commerce expressed on Saturday its strong dissatisfaction with the US opposition to granting it market economy status in the WTO.

"China is strongly dissatisfied and resolutely opposes the rejection, as the US government tried to mix the concepts of the surrogate country approach and market economy status to mislead the public," the ministry said in a statement.

"The case has nothing to do with whether China has been granted market economy status or not as there are no standards in WTO rules for the status, urging all members to drop the practice."

"When the approach expired in 2016, some member countries, including the US and Japan, indicated they would not honor their commitments with no plans to change their trade policies. Their refusal would put trade ties with China at risk," said Xue Rongjiu, deputy director of the Beijing-based China Society for WTO Studies.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
万源市| 乌拉特前旗| 乌审旗| 江山市| 慈溪市| 循化| 沾化县| 安溪县| 望都县| 昭通市| 顺昌县| 清河县| 岚皋县| 定陶县| 黎城县| 盐源县| 福鼎市| 崇信县| 栖霞市| 宜兰县| 获嘉县| 阿克陶县| 济宁市| 庆城县| 永吉县| 江油市| 河北区| 新干县| 普格县| 景谷| 山东省| 大足县| 平定县| 华安县| 黔西县| 张家口市| 德安县| 连州市| 绿春县| 定西市| 永清县|