Published on 12:00 AM, May 25, 2008

International Business News

WTO wants more transparency In China trade policies

China should enhance the transparency of its domestic regulations and standards, according to World Trade Organisation member states after a review Friday of Beijing's trade policies.
At the same time, China should also improve protection and respect for intellectual property rights, they said.
The China review, part of a regular process for members every four years, was good overall, said Clem Boonekamp, director of the WTO's Trade Policies Review Division.
Boonekamp noted that delegates offered "a significant amount of commendations" on the progress China has made to its trade regime but at the same time, the issue of transparency appeared to be a main sticking point.
"Every delegation mentioned ... the area of transparency," Boonekamp told reporters in Geneva.
Members found that Chinese regulations "remain complex or even opaque. This is particularly (so) in domestic regulations but also in technical standards and perhaps in other areas like government procurement," Boonekamp said.