The European Economic and Social Committee (EESC) warns against granting China market economy status (MES) and calls on the European institutions to promote fair international competition and actively defend European jobs and European values with efficient trade defence instruments (TDIs). In its opinion, adopted at its 514th plenary session on 14th July, the EESC points to the disastrous impact a possible granting of MES to China would have on Europe's industry and consequently on Europe's labour market. The EESC insists on China's fulfilment of the five EU criteria for achieving the MES.
Plenary Session 13-14 July 2016 - Related Opinions
The EESC welcomes the "Action Plan on VAT", and calls for a definitive VAT system that is clear, consistent, robust and comprehensive, as well as proportionate and future-proof. The Committee welcomes the strong focus on closing the VAT gap and tackling the susceptibility of VAT to fraud. There should be results delivered without delay, including by improving cooperation between tax administrations. “Bona fide” enterprises should be protected and no new excessive measures should be imposed on them. The future system of reduced rates must combine flexibility and legal certainty, be transparent, and for the sake of simplicity the number of reduced rates and exemptions must be limited.
If the message of this opinion should be summarised in a sentence, this would be: "Enough is enough; rules must be respected".
Steel industry is at the forefront of granting MES to China. However, the opinion does not tackle the legal and political side of granting MES to China (CCMI/144). It focuses on the Commission's communication and puts forward specific additional measures to provide Europe's steel industry with the level playing field it needs to preserve growth and jobs.
The EESC appreciates the coherent and ambitious strategic vision in industrial policy being displayed in the Communication and its focus on four key issues: (1) technologies and platforms; (2) standards and reference architectures; (3) geographic cohesion, embodied in a network of regional Innovation Hubs; (4) skills at all levels.