six years of talks to break the ice

just-concluded second round of Sino-US strategic economic dialogue with the list of published results.The two sides agreed that China-US Joint Commission on Commerce through a cooperative way to quickly recognize China's market economy status.This means that, in the second half of the twenty-first Sino-US Joint Commission on Commerce, the United States may grant China full market economy status.

Foreign TradeUniversity Assistant Dean of International Economic and Trade Professor Zhao Zhongxiu acknowledged the news was" a bit unexpected." The two sides regarding the granting China market economy status negotiations, which began in 2004, originally estimated to take one or two years of negotiations dragged on 6 years.

" isrecognize China's market economy status, trade negotiations have been very important to Americans, a card in his hand." Zhao Zhongxiu said.He explained that the" market economy status," the most important, is not on a country's overall economic system judged, more embodied in the settlement of trade disputes" technical application." Are recognized as" full market economy" , China's export enterprises directly determine the anti-dumping proceedings in the face of the situation.

According to the WorldTrade Organization (WTO) on the definition of dumping is: a country's products less than" normal value" price of exports to another country, and related industries in the importing country's behavior caused the damage.On persons convicted for the dumping of business, the importing country according to the difference between cost and selling price of its high interest rates imposed punitive tariffs.

nightmare sourceanti-dumping rules in some countries, the provisions of the sponsors of anti-dumping cases being designated as a" nonmarket economy country" of the enterprise, can be used has nothing to do with the economy's third-country (alternative country) market prices to calculate its product" normal price" , rather than by products of these countries, the actual cost price.

caused by theSelect alternative country manufacturing cost is often higher than Chinese companies, anti-dumping proceedings, the Chinese enterprises easily be labeled dumping label.For example, in U.S. TV anti-dumping case, the United States has chosen India as the surrogate country, India TV, the average raw Material prices is China's 6 times, which eventually led to China's color TV production costs are overestimated, resulting in China at a disadvantage in responding to.

as a globallargest economy, the United States each year is also the anti-dumping proceedings initiated by Chinese enterprises more countries, such as the United States to grant China market economy treatment, will other countries trade policy toward China has great exemplary." If the United States has given China's market economy status, other countries and regions, the problems can be solved. This is the Government attached particular importance and the major reason the United States Tan Pan." Zhaozhongxiuyue.

since 1995Since the establishment of the WTO, members of the party involved in anti-dumping investigations of Chinese products accounted for about one-seventh of the total.China has for many years as the world's anti-dumping investigations than any other country, currently third of the world's anti-dumping cases against Chinese.From 2006 to 2009, only the amount involved in U.S. anti-dumping or over 6 billion U.S. dollars, Chinese companies are forced to pay hundreds of millions of dollars in anti-dumping duties.

" United Statessaid to recognize China's market economy status, the release of a co-operation and goodwill." Zhao Zhongxiu said.But he said the Americans to abandon this card is bound to exchange for cooperation in other areas, such as new energy, to increase U.S. imports of high technology and products in the expanding financial and other high-end services in the open market, such as.In these areas, U.S. companies have an absolute advantage, of course, hope that the Chinese government to further open up imports and market access.

China TradeExperts generally believe that only" full market economy status" , including the RMB exchange rate into account, the hands of the U.S. government to fight for the interests of the bargaining chips.China Reform Foundation, Wang Xiaolu, deputy director of National Economic Research Institute also believes that China's market economy status to reach a consensus, on both sides are good.

However,Some experts have recommended that China should not rush for full market economy status.If China were" full market economy status" will help to face anti-dumping proceedings fair treatment of Chinese export enterprises, but may increase the threat of anti-subsidy investigations.

to United States" Countervailing Act" , for example, anti-subsidy law does not apply to non-market economy, but can be applied to a market economy-oriented industries.That is, as one of the countervailing trade remedy investigations, the current was identified as non-market economy countries, Chinese enterprises are not universally applicable.To start the countervailing investigation, you need to related industries as" market-based industry." This means that the United States against Chinese exporters can trade remedies generally applicable to only one kind of anti-dumping investigation.This also means that China enjoyed a government subsidy of any industries and enterprises, especially state-owned enterprises in export will be the first to face this problem.

Zhao Zhongxiutold reporters, although it did not grant China full market economy country status, but Canada took the lead However, it was in 2006 the export enterprises of China initiated the" double-Fan" survey (anti-dumping and countervailing), USA, etc then keep up, Kaishi use Zheyishouduan." This is tantamount to breaking the WTO framework, in effect change the 'subsidy' in the application of the premise. Although there is no recognized China's full market economy status, but in dealing with trade disputes, China has been taking the standard treatment was." Zhao Zhongxiu said.

" , butWith China and the United States and other trading partners to increase the volume of trade, trade disputes increase is normal, should be just normal to look at." Zhao Zhongxiu said that trade disputes, is a global imbalance of economic structure, expression, to resolve trade disputes also depends onCorrection of the imbalance.

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