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Thursday, December 08, 2011

Japan's lifting of China's MFN status nike lunarglide 3

    According to Xu Fengxian that the Chinese commodities exported to Japan are mainly energy and commodities. Enjoy the most preferential tariff system, which is mainly textile commodities. "SMEs, particularly the textile industry and export process in the past mainly cheap womens clothing win." He said, "because China is really low prices Xiangdui world, even as Shuishou Yuanyintigao price, low-cost advantage of Chinese products rather obvious Rengran."He said that MFN trade balance generally exists in two countries or developing countries in a deficit position. In the Sino-Japanese trade, China is a substantial surplus in Japan, so the expansion of Chinese products in Japan feel uneasy. Low-cost advantage of Chinese products are still fairly obvious.
    Haining Dongrun Knitting Co., Ltd. is a specialized footwear exports to Japan and other textile products business, company executives told reporters that Mr. Xu, they do very little room for corporate profits, if the elimination of tariff concessions would certainly appropriate to raise prices.At present, China has used the "most favored nation" treatment system for goods exported to Japan, in addition to gloves, handkerchiefs, blankets, knee, etc. are constantly entering the Japanese market.However, the Chinese Academy of Social Sciences researcher Xu Fengxian economy an interview this morning that even if Japan has adopted such a policy adjustment, exports to China is not Japan's trade effects.
     Expansion of Chinese products in Japan feel uneasy.According to the Japanese Finance Ministry data show that in 2008, in the use of "most favored nation" system of goods exported to Japan, China accounted for 77.9% of goods, accounting for 10% market share in Japan.Reported that a "most favored nation" system is to stimulate the exports of some developing countries to achieve the purpose of supporting the economy, China's most profitable in this policy, and China's rapid economic development are daunting, Japan called for the withdrawal of China's "most favored nation" treatment.He said in the WTO framework, the developed countries to developing countries exports of manufactures and semi-manufactured goods in general, non-discriminatory, non-reciprocal tariff preferences of a system of beneficiary countries enjoy duty-free or preferential tax concessions.
      China has just surpassed Japan to become the world's second largest economy, per capita GDP reached 4,000 U.S. dollars, reaching the level of moderately developed countries. "In accordance with the provisions of WTO, MFN is the developed countries against developing countries preferential tariff policy, Japan at this time to cancel MFN are normal." Xu Fengxian said.
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