Updated: 2/17/2009 1:16:00 PM
BEIJING, Feb. 16-- China´s Ministry of Commerce (MOC) voiced concern Monday about trade protectionism, amid fears that such action would aggravate the economic downturn.
MOC spokesman Yao Jian told a press conference China was "deeply concerned" over protectionism in some countries, which he didn´t identify. "China is against any form of protectionism, and we propose cooperation and negotiation to solve all international trade issues," Yao said.
The United States Congress last week approved a 787-billion-U.S.-dollar stimulus plan that contains "Buy American" provisions, which limit the purchase of foreign iron, steel and manufactured goods for stimulus-funded infrastructure projects.
Yao also said China would give its full support to the World Trade Organization (WTO) to restrain the spread of trade protectionism.
"The WTO´s plan on tracking member countries´ stimulus packages and the fulfillment of the measures is a good mechanism to restrain trade protectionism. It may urge member countries to commit to their free trading strategy," he said.
Source: Xinhua
Authority in Charge: China National Textile and Apparel Council (CNTAC)
Sponsor :China Textile Information Center (CTIC)
ISSN 1003-3025 CN11-1714/TS