United States International Trade Commission voted October 30 pairs of Chinese steel anti-dumping investigations. The survey was conducted by the U.S. Steel Corporation, and the United Steelworkers and other demands made by these companies export of seamless steel pipe was accused China of unfair government subsidies. It is learned that this may lead to imports from China worth 382 million U.S. dollars imposed 100 percent tariffs on steel.
Frequently occur, anti-dumping investigations against China, giving Chinese companies a result of passive and troubles, it seems a bad thing; However, this forced resignation of the fact that various aspects of China also called for quick action to improve resilience, which in turn is a a good thing.
On the one hand is conducive to China as soon as possible to start the WTO dispute settlement proceedings. Under the financial crisis, trade deficit with other countries, especially the United States and other countries have stepped up the protection of domestic industries, trade protectionism is rising again, so that China's foreign trade situation facing severe challenges. This time, the U.S. International Trade Commission voted October 30 pairs of Chinese steel anti-dumping investigations, the Chinese have made an angry reaction to the World Trade Organization complaints, launched a 60-day World Trade Organization dispute settlement procedure. Ministry of Commerce announced November 1 originating in the United States, the European Union and South Korea's anti-dumping investigation of imports of adipic acid final. China's response to the attitude of international trade friction and rapid response strategy, highlighting China's response to trade friction capacity.
The other hand, is conducive to China's export-oriented policy to make appropriate adjustments. For a long time, China adhere to the policy of encouraging and supporting exports, while exports promote economic growth has become a major driving force. Especially in recent years, China's annual export contribution to economic growth rate remained at around 20% of the rate of economic growth driven more than 2 percentage points. But as the economy develops to a certain extent, people's income and consumption levels have been increases, we must take into account the adjustment of export-oriented policies. Because, up to double-digit export growth rates can not be maintained for long if they insist on a single export path will not only result in an increase in international trade frictions affect the relations between nations, but also to optimize the industrial structure unfavorable. Only by continuously expanding domestic demand to ensure sustained economic development is the fundamental driving force. At the same time, export enterprises must change their concepts, structural adjustment, improve grades, and from the expansion of export volume up to improving the quality. Facts have proved that a number of trade protection measures are aimed at some sunset industries and low-end products. When we export more and more extensive product range, quality, higher and higher, he raised the country think about "anti-dumping" the big stick will not be easy