Why US reluctant to admit China's market economy status ?

来源：百度文库编辑：神马文学网时间：2024/04/28 02:57:02

Why US reluctant to admit China's market economy status ?

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2010-5-25 13:05

Chinese Commerce Minister Chen Deming said Monday that China and the United States had not yet reached agreement over the issue of China's market economy status. Both sides showed their willingness to continue the discussion at another "important meeting" to be held in the United States this year, said Chen at a news briefing on the second round of the Strategic and Economic Dialogues (SE&D) in Beijing.

When China entered the World Trade Organization (WTO), all the WTO members agreed to accept China's market economy status no later than 2010, Chen said.

"More than two thirds of the countries have accepted China's market economy status," Chen said.

China believed that a country's market economy status should be decided by whether the market determines the distribution of resources, Chen said, "Market economy can be in various forms instead of a unified one."

About 50 representatives from more than 40 departments of both countries are participating in the high-profile dialogues, designed to enhance mutual understanding and trust between China and the United States.

“A country has joined the WTO, and has not recognized its market economy status, it is not reasonable. The United States employs a double standard, and its justification is simply not sufficient. The main reason behind is to embarrass China and urge China to launch more trade remedy measures, “a senior researcher at Tsinghua University, China-US relations, Zhou said.

In 2004, New Zealand recognized China’s market economy status, and some more than 80 countries and regions followed suit. Today, the overwhelming majority of the countries have admitted China’s market economy status.

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