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China Firmly Against Trade Protectionism
Source: Xinhua |
March 11, 2009, Wednesday
|
Print Edition
Print Edition
CHINA firmly opposes trade protectionism and will not practice it, Commerce Minister Chen Deming said in Beijing yesterday.
China is firmly opposed to protectionism and will vigorously promote the Doha round of trade talks, Chen said on the sidelines of the annual session of the National People's Congress, China's legislative body.
"All nations attending the G20 Washington Summit pledged against trade protectionism. But in practice, protectionism is still gradually gaining ground," he said.
Chen noted that a distinction must be made between trade protection measures permitted within the WTO framework and outright trade protectionism.
"A country is allowed to use some trade protection measures during a financial crisis, when its industrial and agricultural products are impacted," he said. However, he said unchecked misuse of allowed trade protection measures would amount to protectionism and should be curbed.
China is firmly opposed to protectionism and will vigorously promote the Doha round of trade talks, Chen said on the sidelines of the annual session of the National People's Congress, China's legislative body.
"All nations attending the G20 Washington Summit pledged against trade protectionism. But in practice, protectionism is still gradually gaining ground," he said.
Chen noted that a distinction must be made between trade protection measures permitted within the WTO framework and outright trade protectionism.
"A country is allowed to use some trade protection measures during a financial crisis, when its industrial and agricultural products are impacted," he said. However, he said unchecked misuse of allowed trade protection measures would amount to protectionism and should be curbed.
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