China and India, both developing countries in Asia, should settle their trade issues through consultation on an equal footing, Shi Guangsheng, minister of foreign trade and economic cooperation, said at a press conference Tuesday.
In response to a question on India's recent anti-dumping measure against Chinese goods, the Chinese minister said that anti- dumping is a measure allowed by WTO rules. But the application of the measures has its specific rules and conditions.
Both China and India are big developing countries in Asia, the minister said. And they’re economic and trade relations are developing steadily.
"I hold that the two countries may well settle the problems arising in bilateral trade through consultation on an equal footing," the minister stressed.
"We always oppose dumping and we do not allow Chinese enterprises to dump and Chinese enterprises do not have the ability to dump," he said.
"Due to relatively low cost of labor and raw materials, Chinese goods have a certain measure of competitiveness on the international market," he said. "The export of such goods cannot be construed as dumping."
(Xinhua 03/13/2001)
