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Chinese Enterprises Cautioned on Anti-dumping Checks
Representatives from China's chambers of commerce for imports and exports warned domestic enterprises Thursday to take measures to avoid anti-dumping checks imposed by importing countries.
After China's WTO entry, more trade conflicts and disputes can be expected, so Chinese enterprises should train themselves to closely follow the market changes and catch possible anti-dumping cases early on, said Ni Jingnan, a trade official of the Chamber of Commerce for Imports and Exports of Chemical Products.
An early-warning system should also be established as soon as possible, Ni said at the 90th China Export Commodities Fair held in Guangzhou, capital of south China's Guangdong Province.
Wang Tao, a representative from the Chamber of Commerce of Textiles, said that they had started surveillance on the exports of member enterprises and kept in regular contact with foreign business offices, overseas law offices and intermediary organs to prevent Chinese textiles enterprises from anti-dumping checks.
Anti-dumping is a major administrative action taken by member countries of the World Trade Organization (WTO) to boycott unfair competition made by imported goods and to protect domestic market and local industry.
Statistics from the WTO show that China has undergone the most anti-dumping investigations in the world.
Since August 1979, when the European Union took anti-dumping actions against the glucide and salt imported from China, some 422 anti-dumping cases involving China have been reported by about 29 countries and regions, involving a sum of more than 10 billion US dollars.
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