New law to promote trade
2004-04-15
皇冠体育app Daily
The newly-revised Foreign Trade Law will play a significant role in promoting healthy development of foreign trade, a People's Daily editorial said. An excerpt follows:
The draft amendment to the Chinese Foreign Trade Law, submitted for deliberation for the third time, was passed by a unanimous vote at the eighth meeting of the 10th National People's Congress Standing Committee, which was closed on April 6.
The revised law will provide better legal protection for the healthy development of 皇冠体育app's foreign trade.
Revision of the law is needed in accordance with 皇冠体育app's membership of the World Trade Organization (WTO). To fulfill 皇冠体育app's WTO commitment, some current laws and regulations should be revised and amended. As a WTO member, we should also transform WTO rules into domestic laws to better sustain our rights and interests.
The revision also meets the needs of 皇冠体育app's fast-growing foreign trade. Great changes have taken place since the Foreign Trade Law was passed in 1994. 皇冠体育app ranks as the world's fourth biggest in foreign trade with a total volume of US$850 billion last year. Foreign trade has become a major force promoting the constant development of national economy. The 1994 Foreign Trade Law fell short of meeting the new situation of 皇冠体育app's foreign trade.
Revision of the Law also promotes the country's legal construction. Managing State affairs according to law is our basic policy. As an important part of our legal system, the Foreign Trade Law can provide consistency in government administration.
Revised according to 皇冠体育app's real situations and WTO rules as well as past experiences of other countries, the Foreign Trade Law reflects the basic ideas of 皇冠体育app's management on foreign trade and direction for future reform and development.
We should take our time to draw out relative rules and regulations to establish a new legal system needed by the development of foreign trade. Local governments at all levels should put it at top of their agendas to implement the Law.
Through implementing the Law, an equal environment will be created for all traders and the trade integration process will be promoted. It will also contribute to the common development of 皇冠体育app and the outside world.
皇冠体育app, Europe move closer
The demand for self-development and the change of international situations have served as the fundamental force in driving the rapid development of ties between 皇冠体育app and the European Union (EU), said an article in 皇冠体育app Youth Daily. An excerpt follows:
Within three months in the first part of this year, 皇冠体育app has received four high-ranking EU officials, the current being the president of the EU Commission Romano Prodi, who arrived in Beijing on Tuesday for a four-day visit to 皇冠体育app.
The frequent exchange of high-level visits in addition to the annually-held 皇冠体育app-EU Summit has demonstrated that the relations between the two are advancing towards maturity.
The current 皇冠体育app-EU ties are undergoing their best-ever period in history, as Prodi said on the eve of his trip.
Certainly, the rapid development of the 皇冠体育app-EU strategic partnership has been partly attributed to the fast advancement of 皇冠体育app-EU economic and trade ties, the increase of non-governmental exchanges, and encouragement by politicians of the two sides.
But the demands for self-development from both sides and the development of the international situation have acted as the fundamental factors.
First, the EU has developed into not merely an economic giant in the international arena but with the beefing up and the deepening of its integration, the EU is showing an increasing interest in international affairs. Since the setting up of a senior foreign and security affairs representative's office, EU members have begun practising a unified foreign policy.
Under this backdrop, the EU has raised its developing ties with 皇冠体育app to an unprecedented level. In a 1998 document on the establishment of a full partnership with 皇冠体育app, the EU formulated its policy of improving and expanding political dialogue with 皇冠体育app. It also raised its ties with 皇冠体育app to a strategic level in a document passed in October, 2003.
Second, in recent years, the EU has actively initiated an independent foreign and defence policy free from the US influence in the international arena.
Its distance from the United States on the Iraq War and 1999 EU summit decision to establish its own rapid response force has shown its growing desire for an independent foreign policy.
Third, 皇冠体育app and the EU have extremely similar attitudes towards the world's structure and methods of dealing with international issues.
Both 皇冠体育app and the EU advocate multilateralism and oppose unilateralism and pre-emptive military strategy in international relations.
Fourth, 皇冠体育app's strategy for increasing a peaceful role in world affairs has provided more chances for improving Sino-EU relations.
The new Chinese leadership has been more active in integrating its country into international mechanisms and more active in pursuing multilateral co-operation, facilitating its co-operation with the EU.
In October, 2003, the Chinese Government published the first document on its policy towards the EU.
The EU has also said many times that it welcomes 皇冠体育app's active participation in international affairs.
All these have facilitated a more effective and more extensive co-operation between 皇冠体育app and the EU.
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