US high-tech export 'in right direction'
By Dai Yan (China Daily)
Updated: 2006-07-08 05:07
"But it may mean shifting the troubles to Chinese companies," Mei said.
To become eligible to import certain technologies, Chinese companies must
undergo a certification process in which they "should demonstrate an established
record of non-proliferation and responsible civilian use of US imports,"
according to the rules.
McCormick cautioned earlier that the certification process will require
unprecedented openness and co-operation on the part of Chinese companies.
US high-tech exports to China amounted to only US$12
billion last year, compared to US$41.8 billion for total exports, according to
US customs statistics.
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