EU lawmakers' rejection of China's MES protectionist
Updated: 2016-05-16 10:26
(Xinhua)
|
|||||||||
A file photo of Long Yongtu, China's former chief negotiator for World Trade Organization (WTO), delivering a speech in a forum on Dec 19, 2014. [Photo/VCG] |
BEIJING - A recent resolution of the European Parliament denying China market economy status (MES) goes against globalization and signals the heavy presence of trade protectionism across the world, China's former chief negotiator for World Trade Organization (WTO) entry Long Yongtu said Sunday.
The non-binding resolution passed on Thursday urged the European Union (EU) not to grant China market economy status, citing China's failure to fulfill five EU criteria.
The European Parliament made the resolution in the interests of European nations, but it chose the wrong topic and target, Long, former Chinese vice minister for trade, said at a forum on China and globalization.
A country does not need anyone else to recognize whether it is a market economy or not, Long said, stressing the European Parliament resolution is in essence protectionist and anti-globalization.
China's entry into the WTO has given people in many countries access to both inexpensive and fine-quality Chinese products, he added.
The resolution does not mean something has gone wrong with China's MES, and neither will it have any real impact on China, said Zheng Yongian, director of the East Asian institute at the National University of Singapore.
The rise of populism in European and American countries that are now facing tremendous economic difficulties has taken the form of protectionism in external trade, Zheng noted.
China has replaced these countries as a main driver of globalization, and will remain so in the future, he said.
Long also stressed the importance of continuing globalization, saying that China will have a favorable environment for opening up only if globalization is sustained.
Related Stories
EU 'has obligation' to recognize MES 2016-05-14 02:40
China urges EU to honor MES status, despite parliamentary vote 2016-05-13 21:50
EU should rethink resolution on China's market economy status 2016-05-14 10:58
EU lawmakers vote against recognizing China's market economy status 2016-05-13 17:56
EU Parliament plans debate on China's MES status 2016-05-09 20:03
Time for EU to grant China market economy status: expert 2016-03-31 17:14
Today's Top News
UN climate talks resume to write 'rule book'
Internet regulations: From the US to Australia
Google faces record three billion euro EU antitrust fine
EU lawmakers' rejection of China's MES protectionist
Boris Johnson compares EU to Nazi Germany
China urges EU to honor MES status, despite parliamentary vote
Generation of new imams preach peace
Streaming stars
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Lords of the ring |
Focus on fame |
Generation of new imams preach peace |
Streaming stars |
Initiatives help UK startups get a foothold in China |
Originality becomes fashionable |