ITRE discussion on the Market Economy Status for China: possible implications for European industry

7 April 2016 / The European Parliament's Industry, Research and Energy (ITRE) Committee held a discussion on the possible implications for EU industry of granting Market Economy Status (MES) to China. The debate was opened by ITRE Chair MEP Jerzy Buzek and introduced by DG Trade Director Leopoldo Rubinacci. A number of MEPs voiced their concerns regarding the impact of granting MES to China, a country that does not operate under market economy conditions. Removing the EU's ability to use the anti-dumping instrument, currently the most effective tool for ensuring free and fair trade, would endanger up to 3.5 million EU jobs in key sectors including ceramics, steel, aluminium and bicycles. Mr Rubinacci then closed the debate by responding to the questions and comments raised by MEPs. Watch the full debate here (02:00-53:00).