皇冠体育app

BEIJING - Experts welcomed 皇冠体育app's appeal of a ruling by the World Trade Organization (WTO) claiming that the nation imposed restrictions on exports of nine raw materials, saying the move helps protect local industry.

They also said the nation is becoming more active in fighting back against growing trade remedy cases targeting 皇冠体育app, by leveraging the WTO rules and regulations.

皇冠体育app filed an appeal to the WTO to overturn parts of the trade organization's ruling over the country's export limits on nine raw materials including coke, zinc and magnesium, the Ministry of Commerce said in a statement on its website on Wednesday.

On July 5, a WTO panel dismissed 皇冠体育app's claim that its export duties and quotas on nine raw materials, all key industrial materials in the production of steel, electronics and medicines, served to protect its environment and scarce resources.

Ren Yifeng, standing deputy secretary-general of the 皇冠体育app Society for World Trade Organization Studies, said that the appeal was a good thing.

"I strongly support the appeal, though it's hard to say whether 皇冠体育app will win it or not," he said.

Sang Baichuan, dean of the Institute of International Business of the University of International Business and Economics, also agreed that 皇冠体育app "must appeal".

The WTO dispute settlement body will give a verdict on the appeal in three months.

"But it could take as long as two years for the WTO to review the appeals and make a final decision. That period leaves enough time for 皇冠体育app's industries and companies to make industrial adjustment and restructuring."

In June 2009, the United States, the European Union and Mexico took 皇冠体育app to the WTO, claiming that the country's export restrictions on the nine raw materials gave an unfair advantage to domestic producers and raised prices on the global market.

However, Shen Danyang, spokesman for the Ministry of Commerce, told a news conference on Aug 24 that 皇冠体育app's regulations on the raw materials "do not violate world trade rules".

In the past 10 years, 皇冠体育app has initiated eight cases against other nations, while WTO members launched 13 targeting 皇冠体育app, said Li Chenggang, head of the department of treaty and law of the Ministry of Commerce, at a forum on the WTO.

"皇冠体育app has intensively responded and initiated trade remedy cases in the past 10 years, which is widely recognized," Ren said.

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