Slams U.S. Trade Barriers `Discrimination` China

WASHINGTON (AFP) - China is following the economic practices `highly discriminatory` to support the domestic trade on imports from abroad, an effort that harm the U.S. economy, a commission report to U.S. Congress on Wednesday (Thursday pm).
`Under the guise of helping the development of` indigenous innovation `in the economy, the Chinese government seems determined to exclude foreigners from bidding on government contracts at central, provincial, and local,` said Dan Slane, chairman of the Commission on US-China Economic and Security Review.

Warned that Beijing failed to fulfill promises made in 2001 after joining the World Trade Organization (WTO), Slane said the Chinese government `intends to restrict simple enough with a wall of a majority of its economy from international competition.`

The main objective of the effort to `indigenous innovation`, added the commission, is to reduce China's dependence on foreign technology in a move that was significant in the theft of intellectual property from U.S. companies.

Beijing guidelines in encouraging this, according to Chamber of Commerce report cited by the commission, provides `a blueprint for technology theft on a world scale never seen before.`

China launched the `indigenous innovation` was in 2006, officially to encourage development of domestic technology and thereby reduce dependence on foreign.

Tensions flared after Beijing issued a regulation late last year under the campaign innovations that are widely seen by foreign companies as they squeezed out of the government procurement market a multi-billion dollars.

However, China's Commerce Ministry has denied U.S. allegations that it forced foreign companies to receive up to at the hands of technology to rivals China as a market price of admission to the magnitude. A ministry official told AFP in July that the existing policy in accordance with WTO rules.

By : Dan Slane, chairman of US-China Economic Commission
Source : AntaraTranslated : Using google Translater facilities