China tells EU to abide by WTO rules

China on Thursday urged the European Union (EU) to abide by the World Trade Organisation (WTO) rules and avoid abusing trade remedy measures.

The EU has described China's economy as distorted in a recent report, reports Xinhua news agency.

"The relevant report makes irresponsible remarks on China's economy and take unfair measures to China through creating various pretexts but the report does not mention the EU's own actions in violation of WTO rules," Foreign Ministry spokesperson Hua Chunying said.

"It is hypocritical to have double standards... Using zero-sum game mentality to deal with reciprocal cooperation will injure others and harm (the EU) itself.

"In recent years, China's economic development has made historic achievements, providing important material conditions for development and reform in other fields, and making important contribution to the stability and growth of the world economy.

"The socialist economy with Chinese characteristics has a bright future," the spokesperson added.

--IANS

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