Press spokesman for the Department of Commerce yesterday on the Yao Jian business news, "said China rare earth products export restrictions for the consideration of sustainable development.
The previous day, the WTO published biennial of the China trade policy review report (hereinafter the "report"). The report states that some of China's restrictions on the export of raw materials in order to save resources may not achieve the intended purpose, at the same time it may give the Chinese manufacturer to an unfair competitive advantage.
China needs to meet its WTO rules
According to the Department of Commerce Web site news, Geneva, 31 May, the World Trade Organization (WTO) has published a detailed analysis of the above report, China's economy, environment, trade policy regime and related trade policies and measures, and so on. The report on China trade policy review of the first day of publication, the review will last for three days. But insiders reveal, the final official results will be published the day after tomorrow.
China's accession to the WTO total since China conducted three comprehensive consideration, and the two previous reports in commending to fulfil most of China's WTO commitments. There have been reports that the reports on the dispute between the members made a rare comment. According to the European Union and United States media following the meeting of the relevant reports, Frank pointed out that the problem of sound far better than praise sound great.
In addition to traditionally referred to the implementation of intellectual property protection in China, the United States under consideration during the discussion, noted that the Chinese opening process in 2006 after the fact is to slow down, the EU Special Envoy in a closed session pointed out that China's policy formulation is not transparent, investment environment, etc.
To this end, the international trade and Economics University Dean, zhaozhong Sau told reporters, on the one hand, in recent years, China trader in Europe is becoming more and more obvious, less adaptation; on the other hand, this is a multilateral trade rules and national peculiarities of conflict, "due to WTO rules was originally developed by developed countries, China is forced to become familiar with the application, and now the Chinese need to specify the subject's own rules, this conflict is unavoidable. ”
Precious resources cannot long sale
The dispute for rare earth for a long time, according to the 2009 Department of Commerce Web site published minerals reports in late June 2009, the United States, the European Union and Mexico, and other WTO members, will China for nine industrial raw material export limit recourse to WTO dispute settlement mechanism. In August, Europe and the United States and China rare earth production and export of strong attention and planning. These show the Western developed countries, has deeply felt the re supply shortage.
Zhaozhong Sau told reporters that China's macroeconomic considerations apart from the "backward production capacity and protecting the environment", there are also "specification of rare exports, access to scarce resources pricing power".
He said that China's rare earth resources accounted for 80% of the total of the world, including the "Inner Mongolia North of rare earth" and "South Lake surrounding, rare earth" due to its information, biotechnology, new materials, new energy, space and ocean this six new technology group has a core purpose, therefore very precious.
In addition, China "gets rare earth pricing power, it is reasonable legitimate trade interests, because precious resources are not likely to have long been sold too cheaply. "He told the reporter, for example, Japan has the rare earth processing of advanced technology, often with low-priced imports from China rare earth resources, and then to more than 20 times the price of the processed products have been exported to China. "Nature is because they have their own brands and channels, so the pricing power."
While widespread in China's processing trade, import and export channels are missing pricing power, thus profit more thin.
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