Beijing will urge the European Union at a summit next week to relax limits on high-tech exports to China and review its anti-dumping policies, an official said Friday. "We will address again the acknowledgement of China's market economy status and the European Union's limits on high-tech exports to China," commerce ministry spokesman Yao Jian told reporters.
Market economy status is a standard often used in anti-dumping cases. Recognition as a market economy raises the bar for when a country can be considered to dump products on the world market. In the latest of a slew of anti-dumping cases launched against China, the European nations agreed in April to extend anti-dumping duties on Chinese-made candles that enter force on Friday and will last for five years.
The duties vary from company to company but can run as high as 549 euros (729 dollars) per tonne of paraffin or wax. The much-anticipated summit between China and the European Union will be held in Prague on Wednesday. Premier Wen Jiabao will lead the Chinese delegation at the summit while EU Commission president Jose Manuel Barroso and the bloc's foreign policy chief Javier Solana will lead the Brussels team, according to a Czech statement.
China, which sources a large part of its technology imports in the European Union, has repeatedly called on the EU to allow it greater access to European high-tech products. Vice Premier Wang Qishan last week urged EU countries to relax their export limits on technologies in areas such as new energy, construction energy efficiency and waste treatment.
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