LINE

    Text:AAAPrint
    Economy

    China urges EU to accept its market economy status

    1
    2016-03-11 09:46Xinhua Editor: Gu Liping

    China on Thursday urged the European Union (EU) to obey the rules of the World Trade Organization (WTO) and stop its unfair treatment of China.

    Foreign Ministry spokesperson Hong Lei made the remarks following comments by EU Trade Minister Cecilia Malmstrom on Wednesday. She said the EU must maintain solid trade defenses even if it decides to grant China market economy status.

    China joined the WTO in 2001. The WTO accession protocol means China will automatically transit to a market economy for Europe by Dec. 11, 2016, the 15th anniversary of its accession to the organization. However, Europe insists this must be debated.

    "We've heard different opinions on China's market economy status from the EU recently," Hong said, noting that China had fulfilled its obligations since becoming a member of WTO.

    So far, over 80 countries, including Russia, New Zealand, Singapore and Australia, have recognized China's status as a market economy.

    China is now the EU's second largest trading partner and one of the biggest markets for the 28-member bloc.

    The EU is an important member of the WTO, a vital supporting force to the multilateral trade and international legal systems, Hong said, adding that China hopes the EU will fulfill its commitments to China's entry into WTO.

      

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 贡山| 万宁市| 广元市| 宜兴市| 陆丰市| 武穴市| 苗栗县| 阳新县| 洛扎县| 咸丰县| 板桥市| 临漳县| 东莞市| 大悟县| 巩义市| 泸水县| 湾仔区| 娄烦县| 方正县| 罗平县| 宣汉县| 宜兰市| 蒙自县| 稻城县| 怀化市| 湖南省| 库伦旗| 杂多县| 静乐县| 嘉义市| 长沙市| 西和县| 聊城市| 石泉县| 汝州市| 射洪县| 丰台区| 三明市| 兴海县| 洛扎县| 东乌|