|
China presses EU on market economy status
(Xinhua)
Updated: 2004-06-29 23:59
The European Union (EU) should give full consideration to recognize at an
early date China's market economy status, said Chinese Foreign Ministry
spokeswoman Zhang Qiyue Tuesday.
Zhang said at a press conference that the EU should make a right decision on
this issue, which will not only benefit China's economic development, but also
boost further expansion in Sino-EU cooperation.
China adopted the policy of reform and opening-up 25 years ago and entered
the World Trade Organization (WTO) three years ago, Zhang said, noting that a
socialist market economy has been basically put in place in China.
The non-public sector of the economy, such as self-employed and private
businesses, has grown rapidly, taking up a considerable share of the overall
national economy, and the pricing of more than 90 percent of the goods produced
is done by the market, she said.
In addition, in order to make relevant policies, measures, laws and
regulations completely consistent with WTO rules, China had amended nearly 3,000
such documents, she said, adding that with the transformation of government
functions, enterprises have become an independently managed economic entity.
Until now, a total of seven countries including New Zealand, Singapore,
Malaysia, Thailand, Benin, Togo, Kyrgyzstan have recognized China's market
economy status.
|
