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China:Full market economy status demanded

2004-10-11

China has sought for recognition from European Union as a full market economy, according to Chinese Commerce Minister Bo Xilai on Friday.

Bo met the EU Trade Commissioner Pascal Lamy on the sidelines of the 5th Asia-Europe Meeting summit, said the EU should recognize China''s full market economy status at an early date in line with the market economic development since its accession to the World Trade Organization.

Textile trade was discussed and Bo said China would work with the EU for a stable transition after the lifting of quotas on textile trade
 
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