Cai just finished preparing for the EU anti-dumping and safeguard measures to defend the investigation of the defense of Shenzhen Huawei Technology Co., Ltd. and ZTE Corp. has ushered in a new challenge. The European Commission announced September 16 that it had launched a countervailing survey of data-card products imported from China (also known as "Wireless network Cards"). The survey is the third type of investigation after the European Commission launched Anti-dumping and safeguards investigations into China's wireless network card on June 30, and it is the first time that the EU has conducted three surveys ("Antis") on the same product exported by our country. In response, China's electromechanical export Chamber of Commerce September 20 held a press conference, said: "This is a typical post-financial crisis era of new trade protectionism, the World Trade Organization (WTO) trade relief rules abuse." "Anti-subsidy investigation points to policy-oriented lending the European Commission said the" Antis "for China's wireless network card was made after a complaint was filed by the Belgian Unlimited network equipment maker option. The report, which looked at option 2010.5, found that the company blamed unfair competition from China for its decline, and in August asked the European Commission for a third type of investigation, the countervailing investigation. In the first half of this year, the company's revenue declined by 61.1 million euros, and its gross profit margin fell by 5%, according to a semi-annual report. It is reported that option Company's complaint refers to the subsidy mainly refers to the national Development Bank, the China Import and export bank to Huawei and ZTE two companies to provide a large number of policy loans. The petition also argues that government subsidies have been created as a result of the government's aggressive intervention in banking, which has resulted in interest rates for Chinese commercial banks falling below market rates. In fact, the policy loan that option company refers to in the petition is the product of the Ministry of Information Industry signing a cooperation agreement with the National Development Bank in 2005. In the agreement, the National Development Bank pledged to provide 50 billion yuan loans to the information industry within 5 years. And behind this agreement is our country "Eleven-Five" plan, namely vigorously develops the high-tech industry, optimizes the export structure, moves up the value chain. It is easy to see, if the EU against China's wireless network card countervailing investigation was established, China's entire high-tech industry will face the same trade friction risk. In addition to Huawei and ZTE, the National Development Bank and the China Import and export Bank also provided such loans to Haier, TCL, Tsinghua Tongfang and other enterprises. "Antis" Qi FA is excessive protection "' antis ' qi, the plaintiff, even the EU manufacturers qualification is inconclusive, but to the EU trade relief practice created a very bad precedent. In our view, this is the typical post-financial crisis era of new trade protectionism, the WTO is the abuse of the rules. Liu Huijuan, head of the Legal Service center of China electromechanical Exporters, explained further that "option company outsourced 80% of its data card products to Jiangsu Province in early 2008, which means that the EU does not even have a real data card manufacturer, so there is no. Liu Huijuan also revealed that in the survey, the comparator's choice did not conform to WTO rules: "option uses its own plaintiff data as a reference to the normal value of Chinese data cards." But how can the cost and price data of the option company, which is uncertain of the manufacturer's qualifications, satisfy the requirements of the WTO Anti-dumping agreement for normal value? Liu Huijuan also pointed out that the EU in the investigation of discriminatory and unequal treatment. "option Company in the European Union case after the delay of the material, has been delayed until the filing of the 2 months before the European Commission to produce material." However, the European Commission has been extremely harsh on Chinese companies, requiring Chinese companies to submit a market economy application form within 2 weeks, in total violation of the WTO's minimum time limit for submitting questionnaires. Huawei sources said: "We sell these products to obtain a reasonable profit." We question the motives behind the accusation that option accuses Chinese manufacturers of being difficult to understand. "ZTE denies dumping and receiving subsidies, saying" it will closely monitor developments, cooperate with the European Union in conducting relevant investigations and actively prepare for the response from the legal and market aspects. " Since countervailing investigations tend to target the governments of exporting countries and related industrial policies, their impact is much greater than anti-dumping investigations. An EU trade official said publicly: "Anti-subsidy is aimed at the government rather than the individual, so the impact of countervailing decisions will be systemic compared to anti-dumping cases." "A tough battle may be inevitable. Liu Huijuan said that the relevant departments and companies have begun to deal with countervailing investigations. EU officials have reported that the countervailing investigation is expected to end within 13 months.
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