China And Europe Will Fight &Nbsp On Raw Material Barriers, The Next Station Or Rare Earth.

After the World Trade Organization (WTO) expert group reported that China's restrictions on the export of nine kinds of raw materials did not meet the requirements of WTO, today, EU Trade Commissioner de Gucht visited China with three major topics, and the journey was tight.

Reporters were informed that in the list of topics on Gu's, the main contents were to eliminate central Europe, including raw material trade.

"I am worried about the content of some European business reports, which say that China's economic opening is too slow, and some even say that there is little progress.

It is necessary for us to discuss this problem in constructive conversation. "

Gucht said on the eve of his visit to China.

Raw material dispute, next station rare earth?

This newspaper learned from the EU Embassy in China that Gucht met with Chinese Minister of Commerce Chen Deming in Beijing today to discuss bilateral trade and investment relations.

Reporters were informed that the two sides will also explore ways to gradually eliminate China EU a trade barriers, including trade in raw materials.

Prior to that, WTO issued an expert group report on the export of nine kinds of raw materials to the European Union and the United States v. China on 5 July local time to the WTO members. The report said China Limited nine kinds of raw materials.

The expert group also made judgments on seven aspects, namely, the scope of examination, export tariffs, export quotas, the Chinese defense of the exception clauses, the allocation and management of export quotas, the issuance of export licenses, and the minimum export limit.

The head of the treaty and Law Department of the Ministry of Commerce said that the Chinese side expressed regret for the expert group's ruling that the export duties and export quota measures of the Chinese side involved were not in line with China's commitments to join WTO and the relevant WTO rules, and did not meet the conditions for the protection of natural resources and the protection of human life and health.

It should be noted that the victory in Europe and the United States is likely to provide a successful case for prosecution of China's control of rare earth exports.

"This is a clear conclusion for open trade and fair access to raw materials."

Gucht said, "in addition, based on this result, China should ensure free and fair supply of rare earth elements."

Before Gucht's visit to China, European Parliamentarians urged Europe to set up a high-level task force to monitor and ensure Europe's access to key raw materials.

Last week, the European Parliament's industrial, research and Energy Commission adopted a report from Germany, which warned that industrial safety in Europe, especially the high-tech sector, was affected by the shrinking supply of rare earth raw materials.

The report urges the European Commission to closely monitor the supply and use of raw materials and to establish "risk radar" for key materials such as germanium, gallium and other rare earth materials used in high-tech and defense industries.

According to the above report, the EU should ensure the supply of raw materials and strive to establish an early warning system that can reflect market distortions and resource conflicts.

The report is mainly due to European leaders' concerns that China is beginning to restrict exports as China's raw materials are scarce.

The EU has many appeals because of the big cake.

China has become the fastest growing export market of the European Union, and the EU has also become China's largest export market.

The reporter was informed that the talks will focus on how to strengthen the market access of European enterprises in the vast market of China so as to further promote Sino EU trade and investment cooperation.

In addition, EU enterprises are very concerned about China's business environment, and they also express their dissatisfaction with the unfair competition environment of foreign enterprises and foreign investment enterprises.

The European side also believes that in the field of procurement, European enterprises are also difficult to enter the Chinese market.

According to a recent study conducted by the European Union Chamber of Commerce in China, the reasons for this phenomenon are opaque, unfair public procurement authorization and imperfect appeals procedure.

Other issues related to international enterprises in China include comprehensive development of business environment, fair competition between domestic and foreign enterprises, subsidies and investment issues, increased use of standards with Chinese characteristics, access to raw material markets, and pparency and predictability of government policies and policies.

"European enterprises have greatly promoted the development of China's economy in the past ten years."

Before visiting China, Gucht said, "China and Europe have an average trade volume of more than 1 billion euros per day, which fully demonstrates the mutually beneficial and cooperative relationship between the two sides."

Last year, the EU's total exports to China increased by 37%, reaching a record high of 113 billion euros.

The European Union is also China's largest market.

China's exports to the European Union amounted to 282 billion euros, thus forming the EU's trade deficit.

The EU's trade deficit is particularly evident in office equipment, telecommunications equipment, textiles and steel.

At present, more than half of China's export products are produced by foreign-funded enterprises (processing trade).