NEWSGD.COM
Home | About Us | Contact Us | Site Map | Chinese
News | Biz | Pearl River Delta | Enjoy Life | Culture | Travelling | Pics | Cities & Towns | Gov Info | Specials
Current Home > Business > Biz Headlines
WTO expert panel to investigate China's auto parts import measure
Latest Updated by 2006-10-27 16:47:59
Related News
New round of competition at Chinese auto market
China to become world's 3rd largest auto manufacturer
Auto parts industry has high-speed growth
China's auto imports up sharply
Business News
ICBC debuts in Hong Kong bourse
Monopoly businesses have an easier run in China
Multinationals blacklisted for pollution 

The World Trade Organization (WTO) decided on Thursday to establish an expert panel to investigate whether a Chinese auto parts import measure violates WTO trade rules or not.
   
At a meeting of the WTO's Dispute Settlement Body (DSB), the European Union, the United States and Canada again made a joint request for the expert panel. Their previous request, made last month, was blocked by China.

As China, like any other WTO member, can only block a panel request once, the DSB automatically approved the setting up of the panel on Thursday.

China considers car parts as a whole vehicle if they account for 60 percent or more of the value of a final vehicle, and it charges a higher tariff on them.

It insists that the measure is meant to keep "criminal elements" from exploiting the difference between tariff rates for entire automobiles and auto parts, and to protect consumers' interests.

But the EU, U.S. and Canada complain that the tariff hinders foreign auto makers and car parts suppliers in China, and breaks WTO rules.

The three took the rare step earlier this year of jointly bringing the case to the WTO, seeking a solution to the dispute through consultations within the WTO framework.

On Sept. 15, the three partners formally requested the DSB to establish an expert panel on China's import measure, the second step of the WTO's dispute settlement process.

They claimed that they had "tried to negotiate with China on a solution but found China's stance left them with no choice but to proceed with a WTO case."

China's Ministry of Commerce expressed regret over the action. "China has showed great sincerity in clarifying the facts and its views during consultations with the EU and the United States," a spokesman said.

This was the first time that China faces a litigation at the WTO, which it joined in 2001.

According to WTO dispute settlement rules, the expert panel, composed of three to five independent experts, will be in place in45 days after its approval. It usually takes six months for the panel to finish its first report on a dispute.
 

 

By: Source: China View website
Previous:  China Southern Airlines seeks nod to fly to Nepal  Next:China to buy 170 Airbus planes


China, France ink 14 co-op agreements


Sudden rainstorm struck Huadu district of Guangzhou


Chen Family Ancestral Hall in Guangzhou


Foshan 1st ring expressway to open to traffic


Doha 2006 Torh Relay in Guangzhou
This site contains material from other media for content enrichment purpose only.
The Southcn.com website do not endorse such content and do not bear the joint responsibility of their copyright infringement.
The views expressed in written material posted to the bulletin boards of Southcn.com are those of the authors and/or publishers. The Southcn.com website does not endorse information products posted by organizations and individuals here. The originators of these information products are solely responsible for their content.
For copyright infringement issues, you shall contact Southcn.com within thirty (30) days. Email: falv@southcn.com
If you find any error in this page, please drag your mouse to mark the text with error, then press "CTRL" and "ENTER", to inform us. Thanks for your help!
Home  |  About Us  |   Contact Us  |  Site Map  |  Chinese
©2005 WWW.NEWSGD.COM. All rights reserved.registered number 020074 Terms of Use | Advertise | ICP Certificate No.B2-20050252
Guangdong Gov Link
Guangdong Gov Brief
State Structure
Guangdong in Brief
Laws & Regulations
Exchange Rate
Guangdong Guide
   
Museum Museum
University University
Eat Eat
Shopping Duting
Night Life Night Life
Weather Weather
Phone No. Phone Num
Consulate Consulate
Airport Airport
Travel Tips Tours Tips