China strongly opposes the European Commission's subjective, one-sided and erroneous assessment of China's socialist market economy to create an excuse for its discriminatory anti-dumping practices, the Ministry of Commerce said on Thursday.
The ministry's comments came after the European Commission on Wednesday published an updated report on the so-called "significant state-induced distortions" in the Chinese economy.
The head of the trade remedy investigation bureau at the ministry has lodged serious representations to the European Commission, said the ministry.
There is not only one model of market economy, and it is closely related to the history, culture and actual national conditions of each country, the ministry said.
It is seriously wrong for the European Commission to evaluate China's market economy based on the so-called "market distortion" criteria set by itself unilaterally, the ministry said, noting that such moves have seriously infringed the authority of the WTO rules system.
As an important member of the WTO, the European Commission should respect and uphold the authority of the multilateral trading system and immediately stop wrongdoings that violate WTO rules.
China will pay close heed to the European Commission's follow-up moves and reserve the right to take all necessary measures, according to the ministry.
Related articles:
Related suggestion:
Marc Benioff lunch auction raises $1.5M for charity. Not bad for first year without Warren BuffettRoger Corman, Hollywood mentor and 'King of the Bs,' dies at 98Teacher 'who took virginity of her 16Buddha's birthday: When is it and how is it celebrated in different countries?Upper reaches of Yangtze River welcome first 10,000Skenes strikes out 7 in debut, Pirates hit 5 homers in 10Marc Benioff lunch auction raises $1.5M for charity. Not bad for first year without Warren BuffettIn progressive Argentina, the LGBTQ+ community says Milei has turned back the clockNew Mexico governor seeks hydrogen investment with trip to NetherlandsIndonesia school bus crash kills at least 11, dozens injured
3.1742s , 6506.4296875 kb
Copyright © 2024 Powered by China denounces EU's pretext for anti ,Worldly Weaves news portal