久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
World
Home / World / China-Europe

The Daily Telegraph Publishes a Signed Article by Ambassador Liu Xiaoming Entitled China can't let the law of the jungle harm world trade

China Daily | Updated: 2018-10-05 03:58
Share
Share - WeChat

On 4 October 2018, the Daily Telegraph and its website published a signed article by Ambassador Liu Xiaoming entitled China can't let the law of the jungle harm world trade. The full text is as follows:

The world is turned upside down. When the latest US tariffs on $200 billion (£153bn) of Chinese imports raised international concerns over escalation of trade disputes, some western media blamed China for not opening its market wide enough, thus undermining the multilateral trade regime with "unfair trade". However, China should not take the blame for the wrongs of the US. To clear the misperceptions, the Chinese Government released a white paper titled The Facts and China's Position on China-US Trade Friction, which, in my view, emphasises three key points.

First, China's opening up is based on its national conditions. The openness of a market is never absolute or unconditional. It is always based on the national conditions of the country concerned. China is no exception. According to IMF statistics of 2017, China's per capita GDP was only $8,643, ranking the 71st in the world and accounting for one seventh of the US and one fifth of the UK. More than 10 years ago, I served as Assistant Governor of Gansu, one of the least developed provinces in China, and visited some of the poorest places there. I know from personal experience the severe challenges China faces in terms of development. With more than 30 million people living in poverty, more than 80 million with various disabilities and 15 million people in need of a job every year, there is no denying that China is the largest developing country in the world. This is the basic national condition of China.

Despite this, China has never compromised the level of openness of its market. On the contrary, China has fulfilled its WTO commitments to the letter. Take the trade in goods as an example. By 2010, China had lowered average tariffs on imported goods from 15.3% to 9.8%, eight years ahead of scheduled cuts. But China did not stop there. Through further cuts on its own initiative, China had lowered the trade-weighted tariffs to 4.4% by 2015, which was significantly lower than many other emerging economies and developing countries, and was close to the levels of the US (2.4%) and the EU (3%). In services trade, China's commitment covers 9 of the 12 core services sectors according to WTO classification, namely 100 of the 160 sub-sectors. This is close to the average level (108) of developed countries and way ahead of the average level (54) of other developing countries.

Second, China is not only a beneficiary but also a contributor. Since becoming a member of the WTO in 2001, China has grown from the world's sixth to second largest economy. In this process, China's resources, such as low-cost labour and land, match well with international capital and technology, which has quickly generated enormous productive capacity, promoted the development of the global industrial chain and value chain, and boosted world economic growth.

Since 2002, China has been the most powerful economic engine, contributing nearly 30% of world growth every year. China has also grown to be the world's second largest importer and the largest trading partner of more than 120 countries and regions. Moreover, by providing interest-free loans and personnel training for the least developed countries, China has played an active role in "Aid for Trade", a programme designed to help these countries take part in global trade. Its further plan to import $24 trillion of goods in the coming 15 years and the scheduled first-ever International Import Expo this coming November are demonstrations of China's determination to deliver tangible benefits to the world.

The US moves pose severe challenges to the world trade regime and put the WTO in jeopardy because they are in essence against the WTO principles of non-discrimination, including the most-favoured-nation obligation. By emphasising "fair trade" and "absolutely equal opening up of markets", the US ignores the differences between countries in development stages, resource endowment and industrial strength, or weakness, and turns a blind eye to the right of developing countries to seek development. This could only deal a heavy blow to the economy and industries of developing countries, and cause further unfairness in a wider scope.

China is not only upholding but also promoting the multilateral trade regime. This is the third emphasis of the White Paper.

As the old saying goes, "Do not throw the baby out with the bathwater". The WTO, though not perfect, must not be abandoned. China supports an open, transparent, inclusive and non-discriminatory multilateral trade regime, and the necessary reform of the WTO. Such reform should be a step-by-step process that accommodates the concerns and meets the aspirations of the majority of WTO members, and safeguards their rights and interests, especially those of the developing members. Moreover, the outcome of such reform must be based on the consensus of the WTO members.

Right now, members should make it a priority to address the problems that threaten the very existence of the WTO: the selection of Appellate Body Members and the abuse of US domestic laws, namely the national security measures under Section 232 of US Trade Expansion Act of 1962 and the measures pursuant to Section 301 of US Trade Act of 1974. Development and reform of the WTO cannot be achieved before the existence of the organisation is ensured.

A Chinese adage goes, "It is difficult to lift a heavy object alone; it is easier if you do it with many others." Without the multilateral trade regime with the WTO at its core, the world economy and trade would be exposed to the storm of protectionism and unilateralism.

As two major economies in the world, China and the UK should not sit idly by if world trade returns to the age dominated by the law of the jungle. It is time to join hands to uphold the rule-based multilateral regime, advance the reform of the global governance system, and work for the sustainable development and prosperity of the world

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 99久久综合国产精品免费 | 日本一区二区三区精品视频 | 国内精品国语自产拍在线观看55 | 国产三级做爰在线观看视频 | 国产成人免费影片在线观看 | 国产伦精品一区三区视频 | 真实的国产乱xxxx | 日韩成人一级 | 成人在线精品视频 | 久草国产在线观看 | 精品国产三级a | 免费在线黄色网址 | 欠草视频 | 韩国免又爽又刺激激情视频 | 亚洲欧美精品网站在线观看 | 午夜精品在线 | 久久久久久久国产 | 免费v片在线观看 | 欧美日韩精品乱国产538 | 亚洲国产99 | 3d动漫精品成人一区二区三 | 欧美一区二区三区久久综合 | 国产一级毛片网站 | 日本在线观看不卡免费视频 | 一级大黄美女免费播放 | 亚洲欧美高清在线 | 真人毛片免费全部播放完整 | 亚洲一区二区中文字幕 | 亚洲国产日韩欧美一区二区三区 | 国产啪精品视频网免费 | 亚洲美女精品视频 | 久久成人国产 | 欧美在线bdsm调教一区 | 欧美三级网站 | 狠狠色狠狠色综合久久第一次 | 欧美三级免费网站 | 欧美一区二区三区精品影视 | 在线看片不卡 | 久久免费视频2 | 黄色国产网站 | a免费视频|