Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-319-500"
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"en.20120523.15.3-319-500"2
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"Trade between China and the European Union has reached significant levels in recent years: the EU has become the top destination for Chinese exports, whereas China is the EU’s second largest trading partner. At the same time, there is a considerable imbalance in this trading relationship, in favour of China: in 2010, the trade deficit amounted to EUR 168.8 billion (compared to EUR 49 billion in 2000) and foreign investment by the EU in China amounted to EUR 4.9 billion, while foreign investment by China in the EU in the same year amounted to EUR 0.9 billion. We should not forget the difficulties encountered by European enterprises in trying to access the Chinese market, mainly due to the lack of transparency in national rules and the protectionist policy of the Chinese Government. This policy leads to large-scale dumping caused by the enormous subsidies provided by the Chinese Government to national enterprises. The report that has been adopted on the one hand analyses the reasons for the imbalance and, on the other, puts forward a set of proposals to improve the current situation, from the application of the principle of reciprocity to the public procurement market (so as to ensure that the Chinese procurement market is opened up to a greater degree) to the protection of intellectual property rights."@en1
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