WASHINGTON, Dec. 5 (Xinhua) -- U.S. Secretary of
Commerce Carlos M. Gutierrez said on Tuesday that the public comment period has
now closed, and he will be leading an effort to finalize the new export control
rules to China.
"U.S. exports to China are up 35 percent and we believe there's a great deal of room to grow," said Gutierrez.
"The bottom line is that export controls do not
significantly reduce the volume of U.S. exports," he said, referring to strong
protests from the U.S. companies.
Two dozen U.S. business groups, representing some of
the biggest U.S. companies, such as Boeing and Microsoft, have urged the U.S.
government to scrap the proposal to tighten national security controls on
exports to China.
In a letter to the Commerce Department on last
Friday, the groups complained that many of the goods embargoed by the regulation
"are readily available to China's military from alternative sources, both
foreign and indigenous."
"Our fundamental view is the regulation should be
withdrawn and reconsidered in its entirety after thorough consultation with
exporters," said the coalition of manufacturers, software companies and
high-tech industry groups in the letter.
"Only a small percentage of U.S. exports would be
affected by the military end-use licensing requirement," said Gutierrez.
In Fiscal Year 2006, 2.5 billion dollars in proposed
exports to China needed a license, 4.6 percent of total U.S. exports of 52
billion dollars. Applications totaling 20 million dollars were denied, according
to the Commerce Department.