overview of china ’ s trade remedy system luo jin 2004 seoul international trade remedy seminar...
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Overview of China’s Trade Remedy System
Luo Jin2004 Seoul International Trade Remedy
seminarMay 19, 2004
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Overview of Trade Remedy System Overview of Legal framework Overview of Practice Latest legal development Characteristics of practice Future Development Views on relevant trade remedy
issues
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Overview-Legal Framework Law Regulation Rules
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Overview -Law Law: Foreign Trade Law
Enacted on 1, June, 1994Art. 30, covering anti-dumpingArt. 31, covering anti-subsidyArt. 29, covering safeguardArt. 32, investigation and adopt
measure
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Overview-Regulation Anti-dumping regulation Anti-subsidy regulation Safeguard regulation
Published 2001-10-31, Came into force 2002-1-1
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Overview- AD Rules Antidumping : 12 provisional rules, came into force during March and
April of 2002 1 rule , came into force on October 29,
2003
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Overview-AD Rules Initiation of Anti-dumping
Investigation Adjustment of Products under
investigation
Questionnaire Sampling On-the spot Verification
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Overview-AD Rules
Public hearing Disclosure of information Access to Non-Confidential
Information
Price Undertaking
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Overview-AD Rules
Interim review of dumping and dumping margin
New shipper review Refund
1 rule on industry Injury Investigation in Anti-dumping
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Overview- CVD Rules Anti-subsidy : 4 Provisional rules came into force on 13, March,
2002
1 rule came into force on 29, October,
2003
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Overview-CVD Rules Initiation of Investigation Questionnaire On-the –spot Verification Public Hearing Rules on Industry Investigation in
Countervailing Measures
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Overview-SG Rules Safeguard 3 Provisional rules came into force on 13, March, 2002
1 rule came into force on 29, October,
2003
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Overview- SG Rules
1. Initiation of Safeguard Investigations,
2. Adjustment of Products underInvestigation 3.Public Hearing 4. Rules on industry Injury
Investigation in Safeguards
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Overview of Practice -AD Antidumping First case: initiated on 12, 1997 product under investigation:
newsprint countries involved: Canada, USA,
Korea
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Overview of Practice -AD Up to the end of April, 2004, original investigation : initiation 91 cases Final determination: 52 (6 no injury, 2
withdrew of application, 4 termination) before preliminary determination : 20 before final determination:7
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Overview of Practice -AD Review 1case: interim review , started
Jan.2002 By the end of April ,2004 Initiations: 5 (2 interim reviews, 3
expiry reviews) Final determination: 1 new application: 1
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Overview of Practice -AD Refund Started March, 2004 2 applications under investigation
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Overview of Practice-CVD Countervailing Research No initiation by the end of April
2004
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Overview of Practice-SG Safeguard 1 initiation on imported steel
products from May 20, 2002 Follow safeguard measures of US,
Canada, EU on application of China’s steel
producers
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Overview of Practice-SG Final measure on 5 categories of
imported steel products for a period of 3 years, (from Nov, 2002) in the form of tariff rate quota
Frequent liberation of products from the measure
Final measure terminated in Sept. 2003
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Latest Legal development Foreign Trade Law Amendment Background Aim Published on April 6, 2004 Will come into force on July 1,
2004
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Latest Legal development Amendment: Add 2 new chapters related to
trade remedy Chapter 7: Foreign Trade
Investigation Chapter 8: Foreign Trade Remedy
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Latest Legal development
Trade Remedy Regulation Amendment
Background Published on 31, March 2004 Will come into force on 1, June,
2004
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Latest Legal development Anti-dumping Regulation: Change of investigation authority Forms of bond Consider public interest Words amendment
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Latest Legal development Anti-subsidy and Safeguard
regulation Change of investigation authority
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Characteristics of practice Trade remedy measures
concentrate on 3 sector: chemical, steel, paper
Most measure in AD duty Conflict between upper and lower
industry
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Future Development Review: Increase of cases Complex of situations Lack of experience Research Draft of rules and regulations
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Future Development Public interest: How to define Applicant Procedure result
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Future Development Product scope: Questionnaire
Procedure: Rejection of application Deadline of supply of information
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Future Development Amendment of rules and
regulations More input on DSU Expansion of personnel
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Views on Relevant Trade Remedy Issues New-round rules negotiation Friends club EU Korea China’s proposition