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China urges easing of EU high-tech export ban

China urges easing of EU high-tech export ban

Write: Anata [2011-05-20]

CHINA urged Britain on Tuesday to lobby for an easing of European Union controls on high-tech exports to China.

We hope our British colleagues can help urge the European Union to relax its restrictions on high-tech exports to China, international trade representative Gao Hucheng told a trade forum organized by the China-Britain Business Council.

Gao is among a 50-strong delegation accompanying Chinese Vice Premier Li Keqiang on a four-day visit to Britain that ended yesterday.

The 27-nation EU restricts high-tech exports to China and maintains a 21-year-old ban on selling weapons to China.

Chinese delegates have signed business deals worth billions of dollars during the tour of Britain, Spain and Germany.

Britain, eager for closer business ties with China and other emerging market giants, announced business deals worth 2.6 billion pounds (US$4 billion) with China on Monday.

Gao said the Chinese economy was showing more positive signs of consolidation and growth and consumer spending was growing very rapidly. Internationally, uncertainties over growth were increasing, he said.

This year the Chinese Government will continue to implement a pro-active fiscal policy and a moderately easy monetary policy, he said, speaking through an interpreter.

Gao said China would try to establish a fairer and more transparent environment for investors, adding that the government attached great importance to the protection of intellectual property rights.

He said China was committed to creating a more open and accommodating investment climate and would continue to open up financial services and services outsourcing, and encourage foreign direct investment in high-tech industries and high-end manufacturing, energy and environmental services.

(SD-Agencies)