57 nations accept China's market economy status (Xinhua) Updated: 2006-07-21 09:45
A total of 57 countries have accepted China's status as a market economy
since the moment in April 2004 when New Zealand stood out as the first acceptor,
a senior official with the Ministry of Commerce (MOC) said in Fuzhou,
capital of Southeast China's Fujian Province on Thursday.
Addressing a national trade conference, Gao Hucheng, vice minister of
commerce, said that the 57 countries include Australia, Brazil, Argentina, South
Africa and Russia.
Twenty one of the 31 countries that launched anti-dumping investigations into
China have since recognized China's status as a market economy, said Wang
Shichun, director-general of the bureau of trade for imports & exports of
MOC, at the conference.
For those countries who have not yet accepted this, Wang said that China has
set up a working mechanism with them to deal with outstanding issues.
Wang said that with more and more countries accepting China's status as a
market economy, the international environment for China's companies has improved
significantly.
In recent years, China has been bothered by various anti-dumping
investigations launched by different countries, some of which claimed that
China's economy is not market-oriented. (For more biz stories, please visit Industry Updates)
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