China Introduces Anti-Dumping Law

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Last updated at: (Beijing Time) Tuesday, December 11, 2001

China Introduces Anti-Dumping Law

The State Council issued an order Monday, announcing that the country's Anti-dumping Statute, which includes regulations concerning dumping and damage, anti-dumping investigations, anti- dumping measures and an anti-dumping tax, will be effective from January 1, 2002.

Effective Date

The State Council issued an order Monday, announcing that the country's Anti-dumping Statute will be effective from January 1, 2002.

Content

The statute, which was approved at the 46th executive meeting of the State Council on October 31, 2001, includes regulations concerning dumping and damage, anti-dumping investigations, anti- dumping measures and an anti-dumping tax.

The newly issued statute put forward three kinds of anti- dumping measures, namely, temporary anti-dumping measures, price promises and an anti-dumping tax.

Condition

According to the statute, anti-dumping investigations will be conducted on the condition that imported products enter China at a price lower than their actual export value, and actually cause damage, or pose a potential danger, to domestic enterprises.

Department responsible

The Ministry of Foreign Trade and Economic Cooperation will be responsible for conducting anti-dumping investigations and taking relevant measures.

Collection period

Temporary anti-dumping measures are valid for between four and nine months. The collection period for the anti-dumping tax and price promises should not exceed five years.

However, if terminating the collection of anti-dumping tax will prolong losses caused by dumping activities, the period for the collection of anti-dumping tax may be extended.

Full Text of the Anti-dumping Statute (Chinese version)

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