New Trade Protectionism Focuses On China'S Chemical Fiber Products

At present, the global economy is in a difficult position, and China's chemical fiber products with certain price advantages have not been spared.

From the recent trade barriers encountered by China's chemical fiber products, anti-dumping and special safeguard measures are particularly common.

The customs code for the products involved is 54024700.

It is worth mentioning that in this case, Jiangsu Hengli Chemical Fiber Co., Ltd., Wuxi Shenyang industry and Trade Industry Co., Ltd., Tong Kun group, and Zhejiang Hengsheng Chemical Fiber Co., Ltd., the 4 Zhejiang enterprises of the Tong Kun group, applied for market economy status, but India Ministry of Commerce and industry did not give them the market economic treatment.

The case has two implications: first, the Pakistan spinning industry strongly opposes levying anti-dumping duties on polyester staple fibres in China; two, the case involves 54 Chinese exporters, but only two Chinese enterprises in Jiangyin Huahong chemical fibre Co. Ltd. and Zhangjiagang Cheng Xing Chemical Fiber Co., Ltd. should respond.

In terms of dumping, the board did not give the market economy treatment of Chinese respondent enterprises, and calculated the normal value of Chinese products by means of structural price method, which constituted dumping. In terms of industrial damage, the board still believed that dumping imports had caused damage to India's domestic industry in terms of market share, price, capacity utilization and storage.

Take India as an example, in only a month, there were three or four special investigations initiated by China.

Among them, the chemical fiber industry involved in the product is nylon cord fabric.

In view of the fact that India is currently collecting anti-dumping duties on products involved in China, and is already conducting the sunset review process, the Indian safeguards Bureau specifically stated in the filing notice that the law does not prohibit the imposition of safeguards tax while levying anti-dumping duties.

This means that China's export enterprises will be hit unprepared, especially for enterprises with tight cash flow in the financial crisis.

At the same time, it is not enough to rely on the strength of individual enterprises or even the industry itself, but also the participation of state power.

India's investigation into the big model insurance sponsored by our country can again be used by other countries.

In some cases, even if an enterprise respondent, it is only sporadic. It is difficult to have a comprehensive understanding and grasp of the situation of the whole industry, and it is difficult to form the strength of external negotiation.

After receiving the notice of anti-dumping investigation, we should make full preparations for litigation rather than wait passively for sanctions.

This is the first step to give play to the main role of enterprises.

Taking anti-dumping cases as an example, the establishment of market economy status is particularly important.

In accordance with the requirements of the European Union, if the domestic enterprises mentioned anti-dumping investigations hope to investigate the normal value of their export products in accordance with the provisions of the market economy countries, they must prove that they are manufacturing and selling products in the market economy.

For example, in some anti-dumping cases, the accelerated depreciation of the small part of the intangible assets is wrongly adopted by the enterprises. Although the rate of Accelerated Depreciation accounts for a very small proportion of the total sales cost of the enterprises, the relevant countries will still deny the market economic status of the enterprises on this basis.

Enterprises should also set up anti-dumping guidance for cost accounting, refining material cost accounting and refining the period cost accounting.

As a social intermediary jointly organized by various enterprises, trade associations can fully understand the overall situation of the industry and the real interests of enterprises, and give full play to the functions of industry management and coordination.