China Is Studying Whether To Appeal Against "Export Restriction Violations".

Ministry of Commerce spokesman Yao Jian said at a regular press conference on 15, the Ministry of commerce is currently studying whether or not. World Trade Organization (WTO) an appeal was made on the determination of "China's restrictions on the export of raw materials". In the second half of this year, China's foreign trade development will still face double pressures of rising cost and external demand, and the environment at home and abroad is still complex and severe. The Ministry of Commerce will take a series of measures to maintain. foreign trade Sustained and stable development.

Whether or not to appeal

Yao Jian pointed out that the Ministry of commerce is now studying whether to lodge an appeal against WTO's determination of "China's restrictions on the export of raw materials". At present, China is assessing the preliminary ruling of the expert group on raw materials, and the legal department of the Ministry of commerce is studying whether to appeal the case. The appeal deadline for this case should be September 2nd.

In July 5th, an expert group of the World Trade Organization ruled that China's restrictions Raw material Some policies and practices of export are in violation of the relevant provisions of the world trade organization.

According to the second batch of rare earth export quotas announced by the Ministry of Commerce, Yao Jian pointed out that the total quota of rare earth export in 2011 was 30246 tons. The quota for rare earths this year is basically the same as last year. This is a comprehensive consideration of the protection of domestic resources and domestic production and consumption as well as the demand of the international market. China will incorporate rare earth environmental standards and smelting standards into the industry access standards of rare earth export enterprises, further standardize the export order of rare earth, and promote the balance and coordination of domestic production, consumption and export of the rare earth industry.

Maintain stable development of foreign trade

Yao Jian pointed out that in the second half of this year, China's foreign trade development will still face double pressures of rising costs and sluggish external demand, and the environment at home and abroad is still complex and grim. The Ministry of Commerce will take a series of measures to stabilize external demand, adjust the structure and promote the balance, maintain stable policies such as processing trade, export credit insurance, export tax rebate, trade finance and so on, adhere to the equal emphasis on export speed, quality and efficiency, adhere to both import and export, promote structural adjustment and transformation of development mode, maintain sustained and stable development of foreign trade, and enhance the long-term development momentum of foreign trade.

China's actual foreign investment in June amounted to US $12 billion 863 million, an increase of 2.83% over the same period last year. From 1 to June, the actual amount of foreign investment was $60 billion 891 million, an increase of 18.4% over the same period last year. Yao Jian pointed out that at this stage, foreign investment in real estate accounts for 23% to 25% of the total size of our foreign capital. However, the amount of foreign investment absorbed by our real estate accounts for less than 1% of the total real estate investment. At present, the real estate industry of large and medium-sized central cities has more foreign investment, while small and medium-sized cities have little foreign capital.