Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-22-Speech-4-089-000"
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"en.20121122.9.4-089-000"2
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"Mr President, in a relatively short time, the economies of the European Union and China have reached impressive levels of inter-dependence. Currently, trade between the two partners is worth approximately EUR 1 billion a day, the second largest amount in the world.
Despite China joining the World Trade Organisation in 2001, its commercial relations with the European Union are still characterised by barriers to trade in goods and services, such as difficult market access for economic operators, restrictions on exports of raw materials, and the use of subsidies and dumping.
As highlighted by the Commissioner, the Commission has begun to respond to complaints by European companies, and two investigations regarding the sale of photovoltaic panels sold at artificially low prices are now in progress. Estimates show that these products are sold at up to 80 % less than the production price. The European Union gains considerably from its relationship with China; however, this type of behaviour affects the competitiveness of European companies in a climate in which the European Union must promote and support employment within its own industries.
The European Union’s relations with China must be strengthened, but they also must be based on reciprocity and respect for trade laws. Like other Members, I would ask you, Commissioner, to speed up the ongoing investigation and, in order to protect European workers and entrepreneurs, develop an industrial strategy, as the previous speaker suggested."@en1
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