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Trade growth examined in face of disputes (Xinhua) Updated: 2006-04-03 16:45
A week after the European Union announced an antidumping tax on Chinese
shoes on March 23, the EU and the United States have filed a WTO complaint
against China over auto parts and the EU said it would resume an antidumping tax
on Chinese color televisions.
Three trade disputes in ten days
have sparked concerns that China needs to change its mechanism for trade
development.
WTO statistics showed that from 1995 to 2005, China was subject to more
antidumping investigations than any other members in 11 consecutive
years.
About one sixth of the antidumping cases launched by WTO members
involved China, including 51 investigations in 2005.
China is involved in
an increasing number of trade disputes with both developed and developing
countries, said Wang Shichun, director of the fair trade department of China's
Ministry of Commerce.
Other countries and regions are investigating
Chinese-made textiles and other labor-intensive light industrial products, as
well as capital-intensive products such as rolled steel, and investment and
intellectual property rights, Wang said.
In European countries and the
United States, the social problem of unemployment caused by growing imports has
imposed greater pressure on political leaders, said Yang Danhui, an expert with
the Chinese Academy of Social Sciences.
China, with its distinct
advantages in labor and resource costs, is a competitive trade rival of both
developing and developed countries, and therefore a major subject of
international trade protectionism.
In 2001, China's foreign trade volume
stood at 509.6 billion U.S. dollars, seventh in the world, but in 2005, the
figure jumped to 1,400 billion dollars, third in the world.
In 2005,
China's exports stood at 762 billion U.S. dollars, jumping 28.4 percent year on
year, and was the world leader in exports of textiles, apparel, footwear, color
televisions, motorcycles and air-conditioners, according to the Ministry of
Commerce.
About 100 million Chinese workers are dependent on foreign
trade, figures show.
Although exports continue to grow, manufacturing
margins are low and accompanied by serious environmental pollution and a huge
consumption of resources and energy.
The rapid trade increase
showed the imbalance between investment and consumption, said Wu Jinglian, a
leading Chinese economist, who suggested the government should stimulate
domestic consumption rather than depend heavily on exports.
The Ministry
of Commerce, on the other hand, calls on Chinese companies to encourage
innovation and create self-owned brands to develop technology and profit rates,
and to control quantity and avoid trade disputes.
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