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People's Daily Online>>China Business

China to manage resource products according to WTO rules

(People's Daily Overseas Edition)

15:29, February 02, 2012

Edited and translated by People's Daily Online

On Jan. 30, the World Trade Organization’s Appellate Body ruled that China’s use of export duties and quotas on industrial materials has breached free trade rules. The case was filed by the United States, the European Union and Mexico.

An official from the Ministry of Commerce of China said that China welcomes the WTO Appellate Body’s supports to China's appeals on several important issues and correction of some judgments made previously by the panel of experts.

Meanwhile, China regrets some of the judgments made by the panel of experts under the WTO Appellate Body, including the judgment that the article 20 of the General Agreement on Tariffs and Trade (GATT) cannot be used in export tariff counterpleading.

The official said, out of the consideration of protecting China's environment and non-renewable resources, the Chinese government has been strengthening and improving its management on some resource products, especially high pollution, high energy consuming and high resource consuming products in recent years.

China believes that the WTO not only emphasizes the freedom of trade but also allow its members to adopt necessary measures to protect their resources and environments. China will carefully assess the judgments by the WTO and implement scientific management on its resource products to realize a sustainable development.


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