When trades around the world explore how to achieve a green recovery, “trade protection†becomes a discordant voice. In this regard, China's Vice Minister of Commerce Yi Xiaozhun pointed out that against any form of trade protectionism, otherwise the future economic recovery and growth cannot be discussed. Gold Metal Belt,Gold Metal Waist Belt,Metal Stretch Belts Hongmioo Trading Company Limited , http://www.hzleatherbelt.com
Trade protection the threat of a global economic recovery <br> <br> Yi Xiaozhun at the Boao Forum for Asia said that although the world economy in recovery, but worrying is that global demand is still very weak and weak, a lot of signs that in some countries Increase trade protectionism measures and trade protectionism is on the rise.
According to statistics from the World Trade Organization, the global anti-dumping investigations initiated in 2009 are expected to reach 230-250, an increase of 11%-20% year-on-year; 41 countervailing investigations were launched, a year-on-year increase of 193%.
China has become a major victim of trade protectionism. According to data released by the UK Global Trade Alert Office, since the G20 summit in November 2008 and January this year, 61 trading partners have implemented 160 trade protectionist measures against China, and another 111 trade protection measures are in progress. Planned or prepared for implementation in China, the three indicators are the world's first.
Yi Xiaozhun pointed out that in the trend of economic globalization, the economies are interdependent and mutually influential, and no country can escape from the global economy and achieve economic recovery on its own.
For the so-called "green barriers", he believes that no matter what "color", trade protectionism is trade protectionism. "We have to join hands to resist all forms of trade protectionism, otherwise there will be no future economic recovery and growth."
The chairman of the International Chamber of Commerce, Feng Guojing, also said that the global economy, especially the real economy, is recovering at a slower pace. There are not many job opportunities and the unemployment rate is relatively high. If countries adopt trade protectionism, the economic recovery will face a crisis. It is now more important to tell global leaders not to abuse trade protectionism. At the same time prevent trade friction from heating up.
According to a recent report released by the World Trade Organization, in view of the uncertainties in the prospects for a world economic recovery and the fact that the global unemployment rate will remain high this year, G20 members must continue to be highly vigilant against trade protectionism.
Promote Doha negotiations to curb trade protection
Singapore’s State Affairs Goh Chok Tong believes that developed countries should provide some support to help developing countries update their technology rather than abuse trade protectionism.
Yi Xiaozhun said that free trade is very important for the recovery of the world economy. If the Doha Round negotiations are completed, it will provide a very favorable guarantee for the recovery of the world economy. It will also create many job opportunities and fundamentally eliminate the shadow of trade protectionism.
Due to the slow progress, the Doha round of negotiations on the opening of trade in agriculture, industrial products and services between WTO members has not yet entered the latter stage. Participants believed that promoting the Doha Round negotiations played an important role in curbing various forms of trade protectionism.
Feng Guojing said that if the Doha Round negotiations are completed, it will send a good message to the world that trade protectionism is not needed, but multilateral trade is used to overcome the problems facing the current global economy.
Danish Prime Minister Rasmussen said that the establishment of a corresponding international regulatory framework through the G20 Group Summit and the Doha Round negotiations is an effective mechanism to curb the rise of trade protectionism.
Boao Forum shelling trade protection: threatening global economic recovery