Data card subject to countervailing investigation ZTE to deal with

Following the June 30 Commission's investigation into China's data card products (also known as wireless wide-area network modems), the European Commission launched a countervailing investigation into the data card products imported from China on September 16. The Commerce ministry said it was the first time the EU had conducted three simultaneous surveys of the same product exported by China, involving about $4.1 billion trillion in Chinese companies ' exports.　　It is also the largest trade relief investigation to date in China.　　In response to the incident, China's leading data card manufacturer ZTE (000063) issued a notice that the company's data card products in the EU region's total operating income accounted for the small proportion of the company's overall business income, the European Commission on data card products launched by the investigation of the company's overall operating situation has no significant impact Earlier, the Ministry of Commerce had expressed strong dissatisfaction with the Commission's approach, saying the three surveys were an abuse of trade relief measures by the EU to protect only one of the companies in a particular Member State.　　This practice is extremely rare in the practice of trade relief for members of the World Trade Organization. According to the relevant media, the European Commission launched three investigations were made after the Belgian modem manufacturer option filed a complaint. option is the only manufacturer of the EU 3G modem.　　In a new complaint, option said, ZTE and Huawei, China's leading modem manufacturer, control 90% per cent of the 3G data card and USB modem market and are subsidized. In this respect, China electromechanical products import and export Chamber of Commerce said that option in recent years, the open Annual report clearly affirmed that its data card products have been outsourced to China production. "In fact, the EU currently has no real data card manufacturer."　　"The electromechanical Chamber of Commerce said it would and China data card production enterprises in the subsequent investigation to EU raised strong questions and defences." Ministry of Commerce spokesman Yao Jian publicly pointed out that the data card is a constantly upgrading of High-tech products, Chinese products to promote technological progress and create a new market, but also to the European Union consumers bring practical benefits.　　But the current investigation will not only disrupt the normal trade order, but also damage the interests of the vast majority of consumers in the EU Member States, contrary to the commitment against trade protectionism, China reserves the right to take measures within the framework of WTO rules. ZTE also said that the company has basically completed anti-dumping and security measures to investigate the relevant questionnaires on the preparation of the questionnaire, and commissioned a lawyer to the European Commission to submit the relevant defense opinions. The company will pay close attention to the progress, cooperate with the European Commission to investigate, and actively take all the response measures.