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
Home> Business>Macro-EcoProspective
China defends exports policy in wake of WTO complaint
Latest Updated at 2009-June-25 09:41:53
Related News
Macro-EcoProspective
China's fiscal revenue up 4.8% in May
Guangxi-ASEAN links boost trade by 145%
Chrysler completes sales of assets to Fiat
China relaxes control on foreign exchange use

China defended its exports policy Wednesday (June 24) morning in the wake of the United States and the European Union on Tuesday filing a complaint with the World Trade Organisation (WTO).

An unnamed official with the Ministry of Commerce (MOC) defended China's restriction on exports of bauxite, coke, magnesium, zinc and silicon metal, among others, saying its export policies are consistent with WTO rules.

The United States and the EU claim that China's export restrictions create unfair advantages for Chinese industries and distort world competition, or went against WTO regulations.

"China's policies on these raw materials put a giant thumb on the scale in favor of Chinese producers," U.S. Trade Representative Ron Kirk complained on Tuesday.

He said the U.S. hoped to settle the dispute through bilateral dialogue, or the U.S. would take other measures.

The European Commission said China's move to reduce material exports may affect 4 percent of the EU's industrial output, or 500,000 employees. The EU imported 4.5 billion euro of these materials from China in 2008.

In response to the complaints, the MOC said the export restrictions were to protect the environment and natural resources.

China made great efforts to save energy and protect the environment, according to the 11th five-year economic development outline (2006-2010). In the outline the government ordered the control of exports of some material that feature "high energy consumption, high pollution".

Zhao Jinping, an expert with the State Council, or the country's Cabinet, told Xinhua: "Export restriction on these materials was in accordance with China's aim to establish an environment-friendly and energy-saving society."

He said Western countries should not complain about China's export policies, while asking China to reduce emissions and save energy. "Its conflicted," he added.

China is one of the world's most important producers and providers of metals. Some metals and material are crucial for industrial development, including the electrical, chemical and chinaware industries.

According to the WTO's dispute settlement mechanism, China, the U.S. and the EU will have a 60-day period to consult. If no solution appears the plaintiffs can move to establish a WTO panel for a formal ruling.

Editor: 寮犺幑

By: Source: China View website

"Pig Beauty" competition held in Guangdong

Folk custom in S China: Jumping over bonfire

Liuxi lake attracts egrets

Direct container lines between South China and Taiwan inaugurated

Pirates of the Caribbean 3 premieres in China
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