However, Li Xunlei believes that the "market economy status" should be treated in two. He explained to reporters that for domestic export enterprises, they should be prepared for both hands. On the one hand, although anti-dumping will be reduced, countervailing will be more stringent; on the other hand, the overall global trade cake is shrinking, and overseas markets including the United States are likely to adopt more stringent measures and considerations for Chinese products.
When asked about the specific way in which the United States recognizes China’s market economy status, Tu Xinquan, vice president of the China WTO Research Institute of the University of International Business and Economics, explained that “the United States can adopt two channels, one is that the US Department of Commerce has independent discretion, and the other is It is recognized by the US judicial department through a legislative process."
China-US Joint Commission on Commerce and Trade plays the role of "intermediation"
At present, the United States is only publicly stating that it will quickly recognize China's market economy status through a cooperative approach through the China-US Joint Commission on Commerce and Trade. However, it has to be further confirmed. Tu Xinquan explained that the China-US Joint Commission on Commerce and Trade will play a "mediating role" in this process.
According to the process, the China-US Joint Commission on Commerce and Trade is a consultation platform, and China and the United States will reach an agreement through this platform. "After signing the agreement, the key is how this agreement can have market effectiveness. On this point, both China and the United States are actively looking for solutions." Tu Xinquan said.
According to the latest developments, it is likely that the United States will not recognize China’s market economy status through the judiciary at the legal level because the review process involved is too complicated; the greater possibility is that it is separately declared and recognized by the US Department of Commerce. In theory, the US Department of Commerce officially approved the agreement reached by the China-US Joint Commission on Commerce and Trade. This agreement will be at the market operation level, enabling Chinese companies to enjoy fair treatment in countries with market economy status in the United States.
Another expert pointed out that the above-mentioned agreement reached by the China-US Joint Commission on Commerce and Trade needs to be approved by the US Congress and amended the relevant legal provisions. Therefore, the China-US Joint Commission on Commerce and Trade recognizes in a cooperative way that it does not have legal effect.
Tu Xinquan expressed his approval for this view. He said, "The second way is of course the best, but it depends on the attitude of the US government." He also pointed out that if the first method is adopted, after the government changes, it will face the problem of failure, and it has to be reconsidered. .
The relevant Chinese officials in the WTO said that due to the complicated legal procedures and technical consultations involved, the entire legislative process is long and it is likely to last for two to three years. In fact, the relevant provisions of China's accession to the WTO stipulate that before 2016, WTO members must recognize China's market economy status, otherwise it will automatically take effect.
"Countervailing subsidies investigation" will emerge endlessly
Up to now, there are 97 WTO members that recognize China's market economy status, but the US, Japan, EU, India and other trading powers have not yet recognized it. Many researchers pointed out that the subtle changes in China-US bilateral trade policy will eventually be implemented on export enterprises.
Li Xunlei analyzed, first of all, Chinese export enterprises will largely avoid anti-dumping investigations, which is also an unfair obstacle to Chinese enterprises; on the other hand, anti-subsidy policies will be more stringent, both in terms of the US and domestic policies. Export subsidies will be greatly reduced; third, indirectly, the export control of US high-tech companies to China will be further relaxed.
Although the outside world expressed optimism about the US's position and even considered to be a solution to the "one-size-fits-all" dispute between China and the United States, the above-mentioned WTO officials pointed out that even if the United States recognizes China's market economy status, future trade remedy measures may emerge in an endless stream. The most severe of these is the “countervailing investigationâ€.
According to the GATT, if a country’s market economy status is recognized, the country should not resort to subsidies. At the same time, the United States has reason to investigate various price-distorting factors in the production of Chinese products. These subtle changes indicate that the US market will place higher demands and standards on Chinese-made export products.
Another more stringent measure is that after recognizing China's market economy status, the United States may achieve the goal of curbing China's exports by raising import tariffs on Chinese companies' products. For example, only 38% of tariffs are currently imposed on certain products, but will increase to 50% in the future. "In this way, the losses faced by domestic enterprises will be very large, and the impact of this severe measures is difficult to predict." Li Xunlei said.
However, the aforementioned WTO officials believe that once the United States takes the lead, the EU, India, and Japan will recognize China's market economy status. This is an recognition of the market economy construction since China's reform and opening up, and it will certainly promote the growth of China's export trade.
"China, as the world's third-largest trading nation, is more concerned with the recognition of China's market economy status, the right to speak of export trade, and even a leading position. This is fundamental." Tu Xinquan told reporters.
"No matter where the future will develop, as long as the United States recognizes China's market economy status, Chinese export enterprises will welcome it." Liu Guozhi, director of the Dalian Foreign Trade Bureau Office, said.
Apple house container customization should pay attention to internal requirements
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