Wednesday, December 15, 2010

Department of Commerce: export trade friction looming China has become the most affected countries

Although various evidence can demonstrate China's foreign trade environment is not optimistic, however, from the Crown that a signal that this fact more cruel. 1 June, against emerging trade friction events, Zhongshan, Vice Minister of Commerce in the national response to meeting the countervailing says that China has become the trade friction first target countries and the most affected countries. "In the near future, not only for trade friction on exports, it will behave as economic development strategy, the macro level of collision and conflict. "

Ironically, the day in Zhongshan stand United States Department of Commerce to finalize, on China Steel grating implementation of anti-dumping and countervailing sanction.

Foreign trade friction continues

United States Department of Commerce ruling of this so that Chinese exports and US steel grating will face 136.76%-145.18% anti-dumping punitive tariffs and related products also will face 62.46% of countervailing punitive tariffs.

According to the United States Department of commerce statistics, 2009 China related goods destined for the US $ 1528 million, well below the previous year's $ 9067. In the impressive Sino-US trade relations, the United States on China 2009 launch of the trade remedy measures 23, 53% increase in the number of cases in which values representing China in the global survey by trade relief funds of 65%.

Not just the United States, it is understood that, since 1995, our continuous 15 years into the biggest victims of global anti-dumping. But with the outbreak of the financial crisis, China's exports become the target of public criticism. According to the Ministry of commerce statistics, 2009 a total of 22 countries and regions on my since launching 116-dumping, countervailing and safeguard measures and safeguard investigations, directly involved in the export amount 126 billion. Last year, China's GDP accounted for 8% of world exports global 9.6%, the anti-dumping suffered the world's 40%, 75% of the total global countervailing measures.

It is understood that the January-may, a total of 14 countries (regions) on the product launch of the trade remedies investigations since 31, with a total value of around 18 million cases.

China Foshan ceramic enterprises are to be implemented for the EU's anti-dumping investigation and headache. It is understood that the EU industry in late may start for China's imports of ceramic tiles submitted a complaint of anti-dumping investigation, in accordance with established practice, the EU will pay 10 to 20 days formal '. Because of the amount over $ 200 million in connection, involving enterprises almost cover the domestic well-known ceramic enterprises (most of which come from Foshan ceramic), once the file, will become China's ceramic industry facing history's largest anti-dumping investigation.

Study on friction increase

According to the Chinese Academy of social sciences, Institute of world economics and politics, in 2009, China's exports to GDP growth in the contribution rate is negative-6.5 percentage, export to economic growth and played a significant role of lag. The Agency predicts that this year's export growth will be positive, at the same time, net export growth will be from the negative into positive. Although in the past we often refer to exports, investment and consumption is stimulating economic growth in China, the troika and China's foreign trade friction constant is undoubtedly will export the troika to the rules of the game.

From December 2009 onwards, the Chinese foreign trade export continuous implementation of more substantial growth, exports more than before the crisis-affected. This sustained growth but also to bring pressure on China's foreign trade. The Western Nations brewing on China trade protectionism trend of thought and action, including the voice of the appreciation of the renminbi is also very large, this numerical growth but also to each other. The financial Department, David Qinghuadaxuejingguanxueyuan said previously.

China Samsung Economic Research Institute macro group chief researcher Li Mu group believes that with the growing exports rebound, the RMB exchange rate and trade friction will become China's 2010 must face two major problems. The rapid growth of exports has increased the possibility of inflation, exchange rate policy adjustment needs increase. With the intensification of trade does not mean that the new round of calls for RMB appreciation of international pressure has gradually increased.

Find a way out of export products

In Zhongshan, affected by financial crisis, China's foreign trade development situation is more complex, set in external demand, export costs rise, international market competition, and other aspects. Increasing trade friction weaken China's exports of products of international competitiveness, to increase the difficulty of developing the international market, increasing China's economy running external risks.

Zhongshan had previously said that the current lack of foreign demand, this year's exports will render the "descending" trend. At the same time export costs sustained and rapid rise in export profit space will further narrow the trade friction situation would become even worse.

Another on export trade is bad news, recent and authoritative sources "gaoyizi" (high energy consumption, pollution and resource) merchandise export policy would make adjustments, "two faces gaoyizi" commodity export refund rates and export tariff rate increase. For example, the steel industry will bear the brunt.

Face to face trade environment, it is reported that, at the end or beginning of July, the State Council will formally announce the crisis era after China's development strategy for guidance, and matching rules. This guidance is published on the Ministry of Commerce in Canton, China to speed up the transformation of support for trade development, promotion of China's industrial structure adjustment and transition the upgrade report is based.

The strategy of the leader of the Dean of the Hopi Nation, from the Department of Commerce point of view, you can within their funds through the foreign trade, SME financing export credit, export credit insurance policies to guide the export business.

While the Department of Commerce frequently hold similar national countervailing response Conference session behaviour can also be seen, the Government for trade friction growing also gave great importance to the Zhongshan, faced with the daunting complexity of anti-subsidy investigation of the situation, one is to attach great importance to fully understand the necessity of anti-subsidy response and complexity, actively cope. Second, we should also

Treatment, continuous improvement of policies and measures to comply with WTO rules. The third is to rely on mechanisms to strengthen the coordination and cooperation, common good response. Fourth, it is necessary to do a better job specifications and untangle the subsidy policies and measures. The fifth is to further improve capacity-building.

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