China hopes Japan to recognize its market economy status as early as possible
3/12/2007 16:38
China says in a joint press communique with Japan that it hopes Japan
could recognize its market economy status as early as possible.
The
communique was issued by the two countries after their first high-level economic
dialogue over the weekend.
Some 30 years after it launched
market-oriented reforms, China has become the world's largest anti-dumping
target -- largely because it has been labeled a "non-market economy."
Vice Minister of Commerce Chen Deming has said in the dialogue that he
hopes Japan could make wise political decision from the point of a sound
bilateral trade relations and recognize China as a full market economy as early
as possible, so as to inject new vitality to the development of bilateral trade
relations.
Chen said that China is Japan's largest trading partner and
exporting market with fastest growth, while Japan is China's third largest
trading partner and second largest foreign investment source. The China-Japan
trade volume in 2006 exceeded 200 billion US dollars.
Till now, 76
countries, including New Zealand, the Republic of Korea, Switzerland, Norway and
10 member countries of the Association of Southeast Asian Nations have
recognized China's market economy status.
Xinhua
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