New Body to Handle Anti-dumping

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Last updated at: (Beijing Time) Friday, December 14, 2001

New Body to Handle Anti-dumping

The Chinese government has setup a new organ under the State Trade and Economic Commission (SETC), to tackle dumping and subsidies from abroad in the wake of the country's WTO entry, said a senior official Thursday.

Zhang Zhigang, deputy director of the SETC, told a press conference Thursday that China will strictly abide by the pertinent agreements of the World Trade Organization (WTO) on anti-dumping, countervailing and safeguard measures, so as to maintain fair market competition. China will further cut its tariffs next year; as a result, its industries will face ever-increasing pressure of competition. The body, named the Bureau of Industrial Injury Investigation, will conduct investigations into whether and how imported productsharm domestic manufacturers, said Wang Qinhua, deputy director of the bureau. The bureau will collect data on whether products from foreign countries are dumped on the Chinese market or not, she added. Meanwhile, the Ministry of Foreign Trade and Economic Cooperation (MOFTEC) has set up another new organ, named the Fair Trade Bureau, the task of which is to investigate and decide whether and how dumping or subsidies operate. The two organs are expected to engage in close cooperation. The SETC has handled 12 anti-dumping related cases since the Provisions on Anti-dumping and Countervailance were announced in 1997. Five of them have reached a final decision, while two have reached initial determination, and the others are under investigation. According to MOFTEC, over 30 countries have launched investigations into dumping, countervailance and safeguards concerning over 4,000 Chinese products, the largest number in the world. It is learned that the State Council has promulgated rules on anti-dumping, countervailance and safeguard measures.

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