(Yicai Global) Aug. 24 -- China is highly concerned about India's frequent filing of complaints about its largest neighbor and urges it to exercise caution and restraint in using trade remedies, avoid abusing them and conduct investigations in strict accordance with World Trade Organization rules, Gao Feng, spokesman of China's Ministry of Commerce, said at a press conference today.
Dialogs and consultations are the only effective way to eliminate trade friction, he said. China will resolutely safeguard the legitimate rights and interests of Chinese enterprises and supports and encourages them to actively pursue relevant cases, Gao said.
The world economy is slowly recovering, and many factors remain unstable and uncertain. As developing countries and members of BRICS, China and India should work together to maintain a free and open multilateral trading system and serve as a stabilizer for global development, Gao said. The two countries have expansive scope for economic and trade cooperation, he said. China is willing to work with India to build a platform for talks between the countries' industries and properly resolve trade issues by strengthening cooperation to their mutual benefit.
India has conducted stringent malicious software reviews of power and telecommunication devices and constrained Chinese energy firms' access to the Indian transmission sector. China's government has consistently urged Chinese enterprises to comply with host countries' laws and regulations and legally conduct foreign investments and cooperative operations, Gao said in response to India's actions. China hopes India will follow international rules on trade and investment by not enacting discriminative access conditions and by promulgating policies and rules in a prudent manner.
India has initiated 13 anti-dumping investigations into Chinese products this year.