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BEIJING, May 13 (Xinhuanet) -- China has promised to
take more effective measures to limit its textile exports, a move that
demonstrates China's positive attitude toward resolving its trade row with the
European Union.
Chinese Premier Wen Jiabao told the troika of EU foreign ministers on Wednesday that China understands the
concerns of the EU on the textile issue. He pledged China will take further
economic measures to prevent the excessive growth of China's textile and garment
exports.
Although he did not specify the measures, analysts
here said it demonstrated a positive attitude of China towards resolving the
textile trade disputes.
The trade row between China and the EU has caused
great concernamong China's top leaders after the EU launched an investigation
into Chinese textile imports in nine categories of clothing that could lead to
an imposition of curbs.
The investigation was initiated after preliminary
figures showed China's clothing exports to the EU surged in the first two months
of the year.
It will be "reasonable but illegal" if the EU takes
restrictive measures on China's textile exports, said Feng Zhongping, directorof
the European section of the Chinese Institute of Contemporary International
Relations, adding the restriction would run against the free trade rules of the
World Trade Organization.
Chinese President Hu Jintao told his French
counterpart JacquesChirac during a meeting in Moscow this week that China paid
great attention to the textile issue and hopes the issue can be resolvedthrough
consultations on an equal footing.
Chinese Premier Wen Jiabao called upon joint efforts
with the EU to settle the textile disputes, emphasizing the importance of
"long-term" and "strategic" partnership.
"China's self-control measures on textile exports
have been andwill continue to be effective," Wen said, stressing: "The
settlement of the current textile trade friction needs joint efforts from both
sides."
Chinese Trade Minister Bo Xilai called on the EU last
week not to exaggerate the textile issue. During his meeting with EU Trade
Commissioner Peter Mandelson in Paris, Bo said that limitations onChinese
textile products would not only harm China's interests butalso damage the
interests of EU importers, retailers and consumers.
The EU has increased pressures on China's textile
exports but that does not equal a confrontation, said Feng. "Probing actually
gives the two sides time for readjustment and consultations," he said.
The worldwide textile quota regime ended at the
beginning of 2005 as a result of the previous round of world free trade
negotiations.
China has agreed when joining the World Trade
Organization to let WTO members impose limits on its textile products if a
sudden rise in shipments threatens to disrupt their markets. But it has sought
to avoid such circumstances through consultations.
Zhu Liqun, director of the Institute of International
Relationsof Foreign Affairs University, said the EU should have strengthened its
own mechanism to deal with the possible export surge after the quota regime
ended.
Some European nations, like Finland, Switzerland and
Germany, are opposed to the imposition of a curb as they have succeeded in
dealing with the textile export surge, said Feng.
China has stressed the principles of world free
trade, saying imposed limits would hurt the world free trade regime.
"The abolition of the textile quota regime for an
integration of world trade is absolutely necessary for just and free world
trade, and all countries should make efforts for that," Wen said.
Chinese producers complained about the probe, saying
buyers have hesitated to take the order as they did not know what "restricted
measures" would be taken by EU nations.
"It's unfair to impose limits on Chinese textile
exports just based on the data of this year's first quarter as many exports in
the first quarter were ordered before the end of last year," said Yang Weidong,
general manager of the Jifa Group Co., Ltd., the second largest textiles
exporter of east China's Shandong Province.
In fact, China has already adopted a series of
measures by its own to stem large quantities of textiles products from flooding
into the EU members and the United States since December last year.These include
adding tax on 148 types of textile goods and limiting investment in the textile
sector.
Feng described the measures as "pragmatic" and
"cautious", saying that they are in conformity with the interests of both sides.
Sino-EU economic and trade cooperation has greatly
expanded over the past three decades. Last year, bilateral trade volume reached
177.3 billion US dollars, 74 times that of 30 years ago. The EU has surpassed
the United States to become China's largest trade partner.
The removal of the textile quotas is the great
contribution of the World Trade Organization to developing countries, and the
settlement of the textile trade disputes not only concerns China and the EU, but
also all developing and developed nations, said Feng Zhongping.
"The two sides should cautiously handle the issue to
promote just and free trade in the world," said Feng. Enditem |