在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

Japan and EU seek roles in chip talk
By Dai Yan (China Daily)
Updated: 2004-04-06 00:07

China is considering requests from Japan and the European Union to join Sino-US consultations over tax breaks given to Chinese chipmakers, said the Ministry of Commerce.

The EU asked to be included in talks on March 26, followed by Japan on March 31, ministry official said.

China agreed to consult with the United States on March 26 after the United States officially filed a complaint to the World Trade Organization on March 18, the first against China since it joined the WTO in late 2001.

The complaint says a tax break for domestically manufactured semiconductors gives them an unfair advantage over imports.

The official did not say when the Chinese government will make a decision on the requests from EU and Japan.

China and United States are still working on the timing and venue of the consultation, he said.

Under WTO dispute resolution rules, the US and China must hold consultations for at least two months before a panel will begin to adjudicate the complaint.

If the case is accepted by the WTO, it usually takes one or two years.

US chip makers accuse the Chinese Government of rebating all but 3 to 6 per cent of the 17 per cent added value tax for domestic producers while levying the full tax on imports.

But local industry analysts said US firms misunderstand the Chinese policy, which does not bring substantial financial benefits to domestic manufacturers and can also be enjoyed by foreign funded businesses.

"We imported more than 80 per cent of our semiconductors last year, and I do not see how much more open our market could be," said Zhang Qi, a director-general at the Ministry of Information Industry.

The US$19 billion Chinese semiconductor market has become a major player for foreign-made chips, including US$2 billion worth from the United States last year.

Close

Today's Top News     Top China News
Oil finds of 280m tons to ease national thirst         Lien Chan files suit for new poll         Constitution helps man fight for home         Japan and EU seek roles in chip talk         Information security system to be built         Sustainable agriculture in focus	Constitution helps man fight for home       Judge jailed for dereliction       Information security system to be built       Lien Chan files suit for new poll       Landslide forces villagers to evacuate       Disabled students get new focused attention