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China urged to play a bigger role
Beijing(China)—China could
assume a level of global responsibility that matches the huge impact it
is having on world trade, security and the environment, the European
Union’s trade chief has said.
EU Trade Commissioner Peter Mandelson said it was imperative that China
stand up alongside the United States and Europe to address the global
challenges posed by its spectacular re-awakening in the past decades.
“It is no longer possible for China to shut out the world or behave as
if it were outside the system looking in,” Mandelson told students at
Beijing’s Tsinghua University, according to the text of a prepared
speech.
“China’s decision to accept a full stake in the existing international
trading and collective security system will help decide how effective
those systems are or, indeed, whether they continue to exist in their
current form,” he said.
“We have a joint stake in managing the global economy and maintaining a
stable and equitable world. And China is now in a position not only to
accept new responsibility in these areas, but also to show strong
leadership,” he said.
Mandelson is here to meet with Chinese officials amid growing EU
expectation over Beijing’s adherence to its World Trade Organization (WTO)
commitments.
He was to hold talks in the afternoon with his Chinese Commerce Minister
Bo Xilai. Mandelson referred to predictions that China will be the
largest exporter by the end of this decade, saying Beijing must begin
acting like an equal partner in preserving the global trade structure.
The EU last month issued a new policy vowing to drag China before the
WTO in future trade disputes. He has called on China recently to further
open its agricultural, banking, telecoms and other services sectors to
outside competition. The focus on China’s commitment to WTO rules has
been sharpened as December marks the fifth anniversary of its entry into
the trade body and the end of the period during which most of its
concessions were to be implemented.
The EU enjoyed a trade surplus with China two decades ago, but the
tables have turned to a Chinese surplus that reached around 106 billion
euros (135 billion dollars) in 2005, the EU’s biggest bilateral trade
deficit, according to the EU.
Mandelson also has said China needs to remove tariffs and non-tariff
procedural barriers to European imports and better protect intellectual
property rights, warning that China could face a European backlash
otherwise.
“China has reached a stage in its development when the rest of the world
is entitled to ask for more from China,” he said late last month, when a
new EU policy paper was released.
China has so far withheld comment on the paper, saying it was still
studying it.
Besides his meetings with Bo, Mandelson will meet later in the week with
Chinese officials charged with enforcing intellectual property rights,
address a gathering that seeks to boost Chinese investment in Europe and
take part in a roundtable discussion on global climate change.
—Daily Mail, People’s Daily news exchange item |