Secretary of Commerce said the U.S. restrictions on Chinese textile products is contrary to free trade

AP is a visit to Paris on the 5th Chinese Minister of Commerce Bo Xilai said that the visit to France during which he not only met with French Prime Minister Jean-Pierre Raffarin and the French Minister Delegate Loos in charge of foreign trade, but also with the new U.S. Trade Representative Rob Portman as well as the EU Trade Commissioner Peter Mandelson and other important officials, in-depth exchanges on the China-France, Central Europe and China-US trade reached a consensus on many issues.

 

Calculate the economic interests between China and we can not just trade in goods, figures

Bo Xilai said in his talks with Portman on Sino-US trade, intellectual property protection and textile exports expounded China's position on such issues. Bo Xilai said that Sino-US interests of both parties is mutually beneficial and balanced. Calculate the economic benefits between the two countries, not only trade in goods, figures, depends on the extent of each share each other's markets. For example, last year, the U.S. invested enterprises in China, sell goods in the Chinese market more than 750 billion U.S. dollars, and another on the same scale of goods to China as a production base to achieve exports, this is outside of the U.S. trade in goods, in market share achieved results.

 

Bo Xilai said the Chinese government attaches great importance to protecting intellectual property rights, which is China's own development needs. Bo Xilai also expounded China's position on the textile issue. He said that in January this year, abolition of global textile trade quotas, to achieve integration, which is conducive to the improvement of the multilateral trading system and development. But recently, the United States in the absence of sufficient factual basis for the case in order to "threat of market disruption"

Imports from China on grounds of three kinds of clothing to start their own restrictions on investigative procedures, the Chinese side think that this is no justification for a departure from the spirit of free trade does not conform to the relevant legal documents for China's accession to WTO requirements.

 

Bo Xilai's visit to France to resolve the issue of bilateral cooperation in small and medium enterprises

Bo Xilai said that his current visit to France to focus on solving small and medium enterprises to further strengthen bilateral cooperation. He pointed out that although the trade volume between China and France in recent years, growth is not small, but the total is still quite limited. The reason is mainly economic and trade cooperation between the two countries dominated by large enterprises, SMEs do not have close co-operation between. His current visit to France, one of the main purpose is to form a "hundred flowers bloom" situation, to promote comprehensive development of bilateral trade.

 

Trade protection in developed countries detrimental to the healthy development of international trade

Bo Xilai said that he was on the 5th talks with EU Trade Commissioner Peter Mandelson, the main topic is the textile issue. Bo Xilai said that China hopes the EU, U.S. textile exports to grow steadily, and has adopted measures such as increasing export tariffs. Developed countries in more than 90% of the area has an absolute advantage, textiles, is developing a competitive business, but the advantages of their own products in developed countries to promote free trade, but ignored the rare advantage of the products of developing countries to restrict This trade protectionist tendencies detrimental to the healthy development of international trade. EU Trade Commissioner Peter Mandelson said the transaction,

A trade war between Europe and there is no problem

The EU does not limit Chinese clothing imports

Paris, according to Xinhua News Agency, the European Commission responsible for trade commissioner Peter Mandelson on the 5th in Paris that the EU does not import Chinese textile and clothing to take "fast" restrictions on movement. He also ruled out the EU-China textile trade issue because of the possibility of a trade war.

 

The EU decided last week from the nine categories of textile products imported from China to initiate an investigation to decide whether to take restrictive measures. Mandelson acknowledged the Chinese government has taken measures to limit textile exports. He said that the EU investigation on Chinese textile products will be strictly in accordance with World Trade Organization rules.