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BEIJING, March 30 -- Beijing and Washington should
work together to ease the rising protectionist sentiment in the United States,
visiting Secretary of Commerce Carlos Gutierrez said yesterday.
He made the remarks after news about a delay in a
Senate vote on proposed sanctions against Chinese imports linked to the value of
the yuan.
Gutierrez, in a speech to US business people,
appealed to Chinese leaders to help fight efforts to restrict trade.
"The voices in the United States calling for
protectionist policies are very real. There is a real protectionist and
isolationist sentiment creeping up in our country," Gutierrez said. "That is not
good for trading relationships."
Gutierrez said an erosion of trade between the two
countries would have a negative impact on the US economy and have even greater
consequences for progress in China.
Admitting that the United States derives significant
benefits from commerce with China, he quoted the latest AmCham survey as saying
that about two-thirds of US companies had expanded the range of products and
services they offer in China.
Protectionism is the worst thing that can happen, he
said, adding that the two sides should seek to revolve disputes with candid
dialogue.
Gutierrez also called on China to further open its
market and promote the enforcement of intellectual property rights protection.
On Tuesday, he met Vice-Premier Wu Yi and his Chinese
counterpart Bo Xilai to "ensure the two countries use the China-US Joint
Commission on Commerce and Trade (JCCT) to achieve results."
This year's session of the JCCT, a top-level
commercial dialogue mechanism, is scheduled for next month on the eve of talks
between President Hu Jintao and his US counterpart George W. Bush in the United
States.
Gutierrez's talks with Bo covered a wild range of
issues from market access and intellectual property rights to the trade deficit
with China, according to a statement published yesterday on the website of the
Ministry of Commerce.
Bo told him that China was improving the transparency
of trade policies and further opening its market according to the commitments to
the World Trade Organization.
The sponsors of the US sanctions bill, Senators
Lindsey Graham, a Republican, and Charles Schumer, a Democrat, said on Tuesday
that they would postpone a vote on the measure until September, saying they had
seen signs of currency reform during last week's trip to China.
Many US manufacturers and politicians claim the yuan
is undervalued by up to 40 per cent, giving Chinese exporters an unfair trade
advantage and contributing to the US' stated US$202 billion trade deficit with
China last year.
The proposed sanctions measure would have slapped
27.5 per cent tariffs on Chinese exports to the United States if the yuan were
not revalued.
But the US senators should drop the vote, not just
postpone it, said Mei Xinyu, a trade expert with the Chinese Academy of
International Trade and Economic Co-operation, a think tank of the Ministry of
Commerce.
Gutierrez yesterday also met Tian Lipu, commissioner
of the Intellectual Property Office, to discuss China's protection of
intellectual property.
"The US is willing to offer partnership and
co-operation in intellectual property protection," Gutierrez said.
(Source: China Daily) |