Subscribe to our free, weekly email newsletter!


China’s outreach on trade wins some shipper support

The governments announced commitments by China to crack down on intellectual property rights (IPR) violators, legalize software, and reduce market access barriers.
By Patrick Burnson, Executive Editor
December 17, 2010

The U.S. Chamber of Commerce has praised the administration’s efforts to deliver meaningful outcomes for American business at the bilateral dialogue to promote U.S.-China commercial relations.

The governments announced commitments by China to crack down on intellectual property rights (IPR) violators, legalize software, and reduce market access barriers. This year’s U.S.-China Joint Commission on Commerce and Trade (JCCT) was held as Chinese President Hu Jintao prepares to visit Washington next month.?

“China’s commitment to eliminate measures requiring local IP content and technology transfer as conditions to compete in its marketplace is a step forward,” said Myron Brilliant, senior vice president for International Affairs at the U.S. Chamber, following the 21st meeting of the JCCT.

“At the same time, we note that today’s promises must be measured not by words on paper, but by tangible progress on the ground. We urge both governments to quickly agree on metrics in future discussions that will quantify that new efforts are in fact translating into results.”??

According to the Chamber, results of the meeting demonstrate that the JCCT process continues to be a constructive one that benefits American companies and workers. In addition to progress on IPR, software, and market access, China also announced it would table a new offer in its negotiations to join the World Trade Organization Agreement on Government Procurement.?

In an interview with LM earlier this week, Jock O’Connell, Beacon Economics’ International Trade Adviser, noted that reliance on China’s manufacturing capability trumps most measures to expand trade.
“Our consumers are more concerned with buying cheap goods, than supporting new U.S.-based ventures,” he said. “We are in the grip of a cycle that values cost over quality.”

But Brilliant maintained that “confidence-building” measures in the commercial sphere—long the bedrock of U.S.-China relations—are the best antidote to rising concerns about the direction of the U.S.-China commercial relationship:

“We encourage both sides to seize the momentum generated at this year’s meeting to work towards resolution of outstanding issues, to resist protectionist impulses, and to open markets further to two-way trade and investment.”

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

When an industry is changing rapidly, companies must adapt in order to survive. In this whitepaper, a global publisher was seeking a partner that could mitigate risk and build a platform flexible enough for their shifting customer expectations. The solution enabled the company to rewrite their operations game plan and transform their supply chain.

Global trade management technology provider Amber Road (formerly known as Management Dynamics) said this week it has acquired ecVision, a cloud-based provider of global sourcing and collaborative supply chain solutions.

While it is already reaping myriad benefits from ORION (On-Road Integrated Optimization and Navigation), a proprietary routing platform for its drivers rolled out in late 2013, transportation and logistics bellwether UPS announced big plans for the technology this week.

Diesel prices continued their recent stretch of gains with a 3.6 cent increase this week to $2.936 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).

TSA has reaffirmed its March 9 general rate increase (GRI) of $600 per 40-foot container (FEU) for all shipments, and lines have also filed a previously announced April 9 GRI in the same amount.

Article Topics

News · Technology · Manufacturing · Trade · China · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA