Ministry of Commerce: China has been in the center of international Trade friction

Online International business news reporter Pei reported "The first China trade relief and Industrial Safety Advanced Seminar and 2009 Beijing International Mergers and Acquisitions Seminar" December 1 in Beijing. Wang, Assistant Minister of Commerce, said at the meeting that the impact of the financial crisis, international trade and investment protectionism prevails, China has been in the center of international trade friction.　　With the acceleration of the global industrial adjustment and the increasingly fierce international competition, China's foreign trade will face the international trade protectionism for a long time. At present, foreign trade relief cases in China have proliferated, the involving is getting bigger, the trade relief measures are diversified, and the countervailing and "special insurance" are becoming the focus. Moreover, foreign trade protection to China is expanding from the trade of goods to exchange rate, service trade, intellectual property and investment, and the dispute point of trade friction spreads from individual products to the whole industry, and finally reaches the policy and system level.　　Wang said that with the acceleration of global industrial adjustment and the increasingly fierce international competition, China's foreign trade will face the international trade protectionism for a long time.　　According to statistics, since this year, 19 countries (regions) have launched 101 Trade relief surveys on Chinese products, with a total of more than 11.68 billion U.S. dollars involved. Wang pointed out that to co-ordinate domestic development and opening-up, to actively and effectively deal with trade frictions and to safeguard domestic industrial security effectively is of great significance for our country to meet the challenges of "post-crisis era" and to achieve economic recovery faster and better. This requires us to draw on the mature practices and experiences of foreign countries in particular, to further improve the trade relief system, enrich the means of trade relief, expand the scope of industrial relief, improve the ability to deal with trade frictions and maintain industrial safety, and strive to build an international economic and trade environment conducive to industrial development. In addition, the relevant units and personnel should thoroughly study and master international Economic and trade rules, strengthen the use of international rules to develop and protect the effectiveness and flexibility of domestic industry, to the "post-crisis era" of the world's industrial restructuring opportunities and challenges to carry out in-depth research, and strive to enhance China's industrial core competitiveness.　　At the same time, we should continue to increase the propaganda against trade protectionism and actively advocate the establishment of an open trade and investment system. Beijing Vice Mayor Gou Zhongwen pointed out that the current economic situation for the Beijing enterprises to carry out international mergers and acquisitions provided a rare opportunity, the Beijing municipal government to encourage enterprises in accordance with their own development needs, international mergers and acquisitions as a means, with lower costs, actively to acquire some advanced technology or have a certain brand and channel enterprises　　Through international mergers and acquisitions, efforts for Beijing to introduce a number of high technology content, high value-added, development potential of high-quality projects, and actively absorb foreign advanced technology and management experience, improve the innovation ability and level of enterprises in Beijing, promote the capital industrial restructuring and industrial upgrading, and thus improve the core competitiveness of Beijing.　　Gou Zhongwen said Beijing will provide loans and policy support to international mergers and acquisitions and make efforts to carry out international mergers and acquisitions in Beijing. The Conference by the Ministry of Commerce industry Damage Investigation Bureau, Beijing Investment PromotionBureau, the international Mergers and Acquisitions Alliance, nearly 30 experts and scholars in combination with the current economic situation, around trade frictions, industrial security and cross-border mergers and acquisitions speech.