Abstract On February 17th, China’s Ministry of Commerce spokesperson Shen Danyang said in Beijing on the 17th that he hopes that the EU and China will jointly cope with global steel overcapacity instead of adopting trade protection measures. . European Commission...
On February 17, in response to the EU's trade remedy investigation on China's steel products, Shen Danyang, a spokesperson for the Chinese Ministry of Commerce, said in Beijing on the 17th that he hopes that the EU and China will jointly cope with global steel overcapacity instead of adopting trade protection measures. The official announcement of the European Commission on February 13th decided to initiate anti-dumping investigations on imported stainless steel pipes, medium-thick plates and hot-rolled flat steel products originating in China, and cold-rolled steel plates imported from China. Implement temporary anti-dumping measures.
The steel industry is the “hardest hit†in China's overcapacity and a key area of ​​frequent trade friction between China and the EU. According to official Chinese data, since 2014, the EU has initiated a total of 15 trade remedy investigations against Chinese products, including 8 steel products, accounting for more than half.
In this regard, Shen Danyang said that the Chinese government and the industry have always attached great importance to accelerating industrial restructuring and resolving excess capacity. After efforts have achieved initial results, the overall capacity growth of the steel industry has been basically curbed, and market regulation and environmental pressures have been spontaneously regulated. A certain part of the production capacity has been quit.
China has recently announced plans to dismantle excess capacity in the steel industry, clearly banned the new capacity of the steel industry, and promised to reduce the crude steel production capacity by 100 million to 150 million tons in five years from 2016, and to promote the implementation of the organization. The specific deployment.
Shen Danyang stressed that overcapacity in steel is a global issue. He hopes that the EU and China will move in the same direction, strengthen economic and trade cooperation and exchanges, provide more development opportunities for their respective steel industries, and jointly tackle the problem of global overcapacity instead of blindly adopting trade. Protection measures have further impacted the development environment and trade order of the global steel industry. (Finish)
9Mm Utility Knife,Retractable Utility Knife,Box Cutter Knife,Retractable Cutter Blade
Yucheng Weisite Measuring Tools Co., Ltd , https://www.wsttools.com