The Ministry of Commerce said EU Trade Commissioner Peter Mandelson had proposed that the EU Commission itself could enact anti-subsidy measurements without receiving a formal application from local companies.
"This is the biggest policy change of the EU trade defense measurements," Chen Taifeng, the Board Director of the China WTO Research Institute, said in an interview. This measurement, which is a reaction to China's free trade policy, will give local governments of EU countries an easier way to enact anti-subsidy measurements. Chen Taifeng predicts that the new policy implies the EU will put into place more severe trade barrier requirements against China.
Chen suggests that to break through the trade barrier, Chinese companies should adopt market-oriented investment strategies, amplify their trade volumes indirectly and actively respond to any appeals from overseas countries.
For more details, please read the full story in Chinese. (http://www.bbtnews.com.cn/political/channel/political32510.shtml)
(China.org.cn November 21, 2007)
