Wen Jiabao meets with Barroso behind China PV
20 meeting in Brussels at the fifteenth China-EU summit, Premier Wen Jiabao urged the EU to show political will, seize the opportunity, solve the EU arms embargo against China and recognize China's full market economy status, "(the) two questions, I worked for ten years, but has not yet been resolved, in this regard, I am deeply to regret. I hope, also believe that the EU will seize the opportunity."
According to the Xinhua News Agency reported, Wen Jiabao in the morning and the European Council president Fan Longpei, President Barroso of the European Commission jointly presided over the meeting in Brussels.
After the meeting, Chinese Vice Foreign Minister Song Tao introduced the outcome of the summit to the media: Wen Jiabao on China-EU cooperation for the future put forward a series of proposals, including the central investment agreement to start negotiations, conduct China-EU from feasibility study agreement; to carry out large-scale cooperation in transportation, electricity, communications and other fields; to strengthen financial cooperation, China welcomes the European companies to use the yuan in cross-border trade and investment.
Wen Jiabao also expressed concerns photovoltaic dispute: "the EU's recent decision on China PV products anti-dumping investigation, hope this matter can be resolved through dialogue and consultation."
As early as before the meeting have analysis says, central leaders hope that through the dialogue for the increasing trade friction cooling.
The accompanying Wen Jiabao visited Brussels on the list, a minister of Commerce Chen Deming. The outside world is expected, Chen Deming will discuss with EU Trade Commissioner Peter Teguh Hurt photovoltaic dispute.
Trade frictions
For a long time, China's trade with the EU has always been considered "model". In 2011, bilateral trade volume reached US $567200000000. The European Union has continuous eight years become China's largest trading partner, China is in the United States after the EU's second largest trading partner.
But in recent years, bilateral trade between China and the United States, highlights the problem.
In September 6th, on the eve of the meeting is, the European Commission announced, the anti-dumping investigation on imported from photovoltaic panels, Chinese photovoltaic battery and other PV modules. The anti-dumping investigation will continue to 15 months, is the history of China's trade disputes involved the largest amount of. According to the European Commission statistics, in 2011, China exported photovoltaic panels and photovoltaic component is worth 21000000000 euros to the European union.
China's Ministry of commerce international trade negotiations deputy representative Chong 11 rate of the Chinese government delegation, visited Germany, France and the European Union headquarters, consultations on the central photovoltaic products trade. In September 19th, the Ministry of Commerce spokesman Shen Danyang introduction, Chong visit "achieved positive results".
In addition, between the central and the other a compelling friction -- the EU requires the use of airport of European Union churchyard airline pay a carbon tax. China has stated, China Airlines should not pay any additional fees without permission from the government.
The European Union shelved Telecom dispute
The European Union Member States had told, have collected enough evidence that the Huawei and ZTE benefit from improper government subsidies, and at a low cost approach to the European market "dumping".
British "Financial Times" said, this will be the largest trade one of litigation since the generation of China, is also the European Commission first active trade investigation, rather than to respond to a private company or industry organizations to submit a complaint investigation.
The case triggered concern is another point, differs from previous EU trade complaints against China, because it does not involve the low-end manufactured goods, such as steel or ceramic tile, but in a great commercial and strategic value of the cutting-edge industry.
Huawei Europe yesterday attended EU-China Business summit.
Rather strange, recent official quoted Teguh Hurt as saying, this case is more advantageous to collect evidence can promote. The European Commission denied the "use" access and Wen Jiabao on.
According to the British "Daily Telegraph" said, in the European Union after the briefing, the EU officials will trade friction described as "routine", in order to ease the tension in the meeting.
Chinese Academy of Social Sciences Institute of European Economic Research Director Chen Xinxiang Morning Post said, "our current trade friction is still just a tiny part, only accounts for about 1% of China's exports to Europe (photovoltaic friction is a special case)." Chen Xin points out, depends on the composition of the bilateral trade, such as the Sino-Japanese trade to processing trade, China imported from Japan original device, assembly and then sold to the world; and between European smaller processing trade, export-oriented products, and friction are mainly from trade this. Chen Xin said, believe the meeting more consideration in Sino-EU trade fell in the circumstances, how to further promote bilateral trade.
British "Financial Times" to remind, the European Union for the so-called "state capitalism" worries grow with each passing day, worry that the government closely control the private and state-owned enterprises, these enterprises can give an unfair competitive advantage through a series of policies.
In the European Commission to take action at the same time, the United States government to take a tougher stance on the alleged Chinese trade violations, which have become an issue in America's presidential election. The United States of America local time 17 days, Obama government cars and auto parts export subsidies for China filed a complaint, this is the two months to the World Trade Organization (WTO) initiated second trade complaint, this year is the third.
In March and July of this year, the United States has on Chinese restrictions on the export of rare earth on the part of the United States and China automobile collection "double reverse" tax, a request for consultations to WTO. In the act of March, the European Union and Japan also involved.
"To continue to participate in solving the debt problem through the proper channels"
China's attitude on the European debt, is the need to weigh the key problem. China International Economic Exchange Center economist Zhang Yongjun said, China did not purchase the debt linked with trade disputes.
Agence France-Presse said, the EU hopes that China can take out part of its $3 in foreign exchange reserves to buy European bonds. Outside guess, about 1/4 of China's foreign exchange reserves are euro-denominated assets.
At the end of this year early in 8 German Prime Minister Merkel's visit to China, Wen Jiabao has said, China will fully considering the risk prevention and control, to continue to invest in the eurozone government bond market.
Wen Jiabao yesterday at the China-EU business summit reaffirmed, China is a responsible long-term investors, will continue to participate in solving the debt problem through the proper channels.
According to EU published the results list, the two sides yesterday signed a number of cooperation agreements, including the technology monopoly, low carbon and sustainable development cooperation, and announced the 48 results of the dialogue, comprehensive strategic partnership of cooperation, economic and trade investment, bilateral cooperation, peace and security and global issues, a total of five fields.