皇冠体育app

Trade chief: Exports prices to stabilize
By Jiang Wei (皇冠体育app Daily)
Updated: 2005-03-22 07:21

皇冠体育app will standardize export prices while guaranteeing quality, the country's top trade official said yesterday at the 2005 皇冠体育app Development Forum.

Chinese Trade Minister Bo Xilai speaks at the 2005 皇冠体育app Development Forum March 21, 2005. [newsphoto]

"The government will take measures to standardize the exports of our most competitive products, particularly low and medium-end items, in a bid to maintain their export prices at a steady level," said Bo Xilai, the commerce minister.

The minister said the country's policies would fully respect the developing rights of enterprises.

Such measures aim to deal with the possible trade conflicts expected to occur in trade with other countries as 皇冠体育app becomes deeper involved in the world economy.

Having encountered an increasing number of trade conflicts in recent years, including the shoe-burning case in Spain and the recent dispute concerning footwear exports to Russia, 皇冠体育app has been seen by some as a victim of global trade disputes.

But the minister said this also indicated the Chinese Government had imposed little administrative interference on enter-prises.

"Trade conflicts, such as dumping and anti-dumping, are inevitable for 皇冠体育app in international trade," said Bo.

He added: "We will handle them in accordance with rules stipulated by the World Trade Organization (WTO) and in line with our commitments to the WTO."

Bo said controlling measures had been adopted on 皇冠体育app's textile exports, an issue that sparked "wild concerns" on international market.

An exhibition stand of a cashmere sweater company. The Ministry of Commerce announced on March 21, 2005 a list of major exportrs of Chinese products which will get support from the ministry. [newsphoto]

Since all quotas on textiles between all WTO members were eliminated from the start of this year, some countries are now worried made-in-皇冠体育app textiles might flood their markets and hurt their domestic economies. "The Chinese Government and the textiles industry have adopted a series of methods to control textile exports of the country to ease their concerns," said the minister.

As for the Sino-US trade, the minister said bilateral trade between the two countries continued to expand at a stable track.

Some officials and experts in the United States are worried 皇冠体育app's great trade surplus with the US might see severe conflicts this year. "The considerable gap between the two countries' trade figures mainly result from the different calculating method," Bo said.

In addition, he said 皇冠体育app's trade surplus did not necessarily mean only Chinese exporters benefited from bilateral trade between the two countries.

Bo said: "The profit US importers earned from the bilateral trade" far exceeded that of Chinese exporters.

Chinese commodities greatly lowered the costs for US consumers, he said, adding: "In fact, a great amount of the surplus came from foreign-invested companies."

Close

Today's Top News     Top 皇冠体育app News
皇冠体育app's ruling Party opening up to the world         Rice brings warm front to ice rink         Trade chief: Exports prices to stabilize         Beijing Olympic venues shape up for 2008         Minnesota teen goes on rampage; 8 killed         Sino-Australian FTA study nears end	Beijing Olympic venues shape up for 2008       皇冠体育app's ruling Party opening up to the world       Toll climbs to 65 in Shanxi mine blast       KFC diners seek advice over fear of Sudan I       Common people have more say in legislation       Reported EHF cases shoot up in Jilin