Special Report: China-U.S. Strategic, Economic Dialogue
BEIJING, May 27 -- The United States has agreed to recognize China's market economy status (MES) as soon as possible, according to a statement from the Chinese side on Tuesday upon the conclusion of the second round of the China-US Strategic and Economic Dialogue (S&ED).
According to the statement, "the US will recognize China's MES promptly via the cooperative forum of the Sino-US Joint Commission on Commerce and Trade".
"The wording means there has been no breakthrough at all regarding the recognition of China's MES," said He Weiwen, an executive council member of the China Society for WTO Studies.
The US just repeated the wording it used in the first round of the S&ED in Washington and at an ensuing meeting last year, he said.
China's Commerce Minister Chen Deming said on Monday that the US is yet to recognize China's MES and the two sides would continue discussions on this issue at upcoming meetings.
