Trade Barriers Dampen Chinese Exporters


(MENAFN- Qatar News Agency) Ijing July 30 (QNA) - Technical barriers to trade (TBT) caused 66.2 billion U.S. dollars of losses for Chinese exporters in 2013 China's quality authorities said. The figure was about 2.3 billion U.S. dollars less than that in 2012 said Lu Chunming an official with the General Administration of Quality Supervision Inspection and Quarantine Chinese Xinhua news agency reported. The administration surveyed 3148 exporters on the impact of TBT. About 38 percent of respondents said TBT affected business. The top five regions that impacted Chinese exporters were the United States the European Union Japan Canada and Latin America according to the survey. TBT for Chinese industrial products mainly cover certifications technical standards and labels. TBT for agricultural products mainly focus on pesticides and veterinary drug residues harmful substances and microorganisms. (QNA)


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.