WTO members want more transparency from China

2nd June 2010, Comments 0 comments

Member states of the World Trade Organization have urged China to make its trade policies more transparent and to review its export regime, an official said Wednesday.

"Certain aspects of China's legislation and the regulatory process remain complex and unclear," said Turkish ambassador Bozkurt Aran, who chaired the two-day WTO trade policy review on China.

"Members remained concerned over certain aspects of China's export regime, notably restrictions, licensing, quotas, export taxes and partial VAT rebates," he said.

On the first day of the review, the head of the European Union delegation John Clarke said that "even though China reiterates its firm commitment to continued opening up and reform -- we find the word reform almost about 30 times in China's government report -- we believe this does not duly characterise the current situation in China.

"In fact, our companies have reported a worsening of the business climate."

In an opening statement made at the review, Chinese Vice-Minister for Commerce Yi Xiaozhun did not tackle the criticisms head-on and reiterated the country's commitment to opening up its market.

"We firmly believe that opening-up will generate unlimited vitality for trade as well as dynamism for economic growth. Under no circumstances will China change its opening-up policy," he said, according to a statement circulated by the Chinese delegation.

© 2010 AFP

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