The ruling report issued by the WTO Appellate Body found that Article 9(5) of the EU's "Basic Anti-Dumping Regulations" stipulates that the separate tax rate is in violation of the WTO rules. At the same time, the Appellate Body overturned some of the rulings of the Group of Experts in support of China’s position and ruled that the EU’s anti-dumping measures against Chinese carbon screws, nuts, bolts and other carbon steel fasteners should be fairly determined in the domestic industry, normal value and export price, etc. It also violates WTO rules.
WTO's final decision on anti-dumping measures against EU fasteners has violated regulations, and the impact has far surpassed that of the fastener industry itself. Some experts have called this "a victory for China's industries." The industry generally believes that China has won a successful dispute with the European Union on fasteners and provided China with a good start and valuable experience in dealing with anti-dumping trade disputes in other export products.
It is understood that China is the world's largest producer of carbon steel fasteners such as screws, nuts and bolts, and the EU is one of the major markets for these products. In January 2009, the European Union decided to impose anti-dumping duties of 26.5% to 85% on China's carbon steel fastener products. According to statistics, the export of fasteners from China to the EU dropped sharply from 1 million tons in 2008 to zero, and in 2010 exports only about 100,000 tons.
On July 31, 2009, China relied on the EU's relevant legislation and anti-dumping measures in the WTO dispute settlement mechanism. This case became China's first case of prosecuting the EU in the WTO. For the first time, the WTO has ruled that the EU’s relevant legislation and anti-dumping measures violate the WTO rules, and the EU has appealed this. On July 15 this year, the WTO’s resolution on finding that the EU's “Anti-dumping Basic Regulations†violated WTO rules was already The final ruling marked the two-and-a-half year period in which the twists and turns of the process ended up with the collective victory of China’s fastener companies.
In this regard, Ms. Shi Lanlan, one of the world’s second largest hardware exhibition, the China International Hardware Show (CIHS) organizer, and the executive vice chairman of China National Hardware Association, said that “Chinese hardware industry and fastener companies are very happy to To this kind of news, the EU is one of the major export markets for fasteners and other related hardware products in China, and China has a number of fastener manufacturers that are mainly engaged in export business.In 2009, the EU announced anti-dumping duties on Chinese fasteners. Since then, many export-oriented companies have encountered difficulties and have had to seek new export markets or to develop their own domestic markets without advantages."
“As the main channel for the export of Chinese hardware products and fastener products, China International Hardware Exhibition has been committed to seeking for the expansion and maintenance of export channels for Chinese fastener manufacturers. In the days when anti-dumping duties were levied by the European Union, China International While continuing to work hard to maintain the number of buyers in Europe and America, Hardware Exhibition strives for exhibitors to invite professional buyers from emerging markets such as Central and South America, South Asia, Eastern Europe, Russia, the Middle East and Africa to attend the meeting.
“Today, the lifting of the ban on anti-dumping in Europe and the United States means that the EU market will reopen the door to Chinese fastener manufacturers. All fastener manufacturers are seeking export channels to recapture the EU market, and China International Hardware Show exports channels in the EU. There is an inherent advantage in this aspect.†Shi said: “From 21-23 September this year, China International Hardware Exhibition will be held as scheduled at the Shanghai New International Expo Center. The organizing committee has already taken action and started to focus on inviting the European Union’s traditions. Fastener purchasers came to purchase.Because of ten years of accumulation, China International Hardware Fair has already owned nearly 100,000 European and American buyers, and the invitation to buyers has progressed smoothly.As of now, pre-registered EU buyers have already With more than 2,000 people, many buyers are also very happy to be able to come back to China to purchase."
According to reports, fastener products have always been one of the important exhibits of China International Hardware Exhibition. Under the strong demand of fastener industry exhibitors and professional buyers, in 2008 CIHS refined the exhibits division and established the fastener area for the first time. In 2010, this area was greatly expanded and based on this area, the China International Building Hardware Show (CIBHS) was successfully established. The exhibits category was further refined. This year, the efforts of the fastener area's inviting and professional visitors were further strengthened. At present, nearly two months before the opening of the exhibition, more than 300 fastener exhibitors have already signed up for exhibition, making China International Hardware Exhibition one of the most concentrated exhibitions among domestic fastener manufacturers.
According to reports, the 11 China International Hardware Show has an exhibition area of ​​115,000m2, more than 2,400 exhibitors, and the number of professional visitors is expected to reach 45,000. Among them, overseas visitors will exceed 3,000, among which European and American buyers will account for 40. %; The domestic audience will exceed 42,000, and more than 70% of the audience will come from corporate management and decision-making. The world's leading retailers including Wal-Mart, Home Depot, Kingfisher Group, LGSourcing, Leroy Merlin, Saint-Gobain, Metro, etc. have confirmed their purchase.
According to reports, the 11 China International Hardware Show will be held at the Shanghai New International Expo Center from September 21st to 23rd. The current exhibition invitation, professional audience invitation and pre-registration, “gold medal buyers†event invitation, live event planning and preparation, etc. Work has been fully carried out.
WTO's final decision on anti-dumping measures against EU fasteners has violated regulations, and the impact has far surpassed that of the fastener industry itself. Some experts have called this "a victory for China's industries." The industry generally believes that China has won a successful dispute with the European Union on fasteners and provided China with a good start and valuable experience in dealing with anti-dumping trade disputes in other export products.
It is understood that China is the world's largest producer of carbon steel fasteners such as screws, nuts and bolts, and the EU is one of the major markets for these products. In January 2009, the European Union decided to impose anti-dumping duties of 26.5% to 85% on China's carbon steel fastener products. According to statistics, the export of fasteners from China to the EU dropped sharply from 1 million tons in 2008 to zero, and in 2010 exports only about 100,000 tons.
On July 31, 2009, China relied on the EU's relevant legislation and anti-dumping measures in the WTO dispute settlement mechanism. This case became China's first case of prosecuting the EU in the WTO. For the first time, the WTO has ruled that the EU’s relevant legislation and anti-dumping measures violate the WTO rules, and the EU has appealed this. On July 15 this year, the WTO’s resolution on finding that the EU's “Anti-dumping Basic Regulations†violated WTO rules was already The final ruling marked the two-and-a-half year period in which the twists and turns of the process ended up with the collective victory of China’s fastener companies.
In this regard, Ms. Shi Lanlan, one of the world’s second largest hardware exhibition, the China International Hardware Show (CIHS) organizer, and the executive vice chairman of China National Hardware Association, said that “Chinese hardware industry and fastener companies are very happy to To this kind of news, the EU is one of the major export markets for fasteners and other related hardware products in China, and China has a number of fastener manufacturers that are mainly engaged in export business.In 2009, the EU announced anti-dumping duties on Chinese fasteners. Since then, many export-oriented companies have encountered difficulties and have had to seek new export markets or to develop their own domestic markets without advantages."
“As the main channel for the export of Chinese hardware products and fastener products, China International Hardware Exhibition has been committed to seeking for the expansion and maintenance of export channels for Chinese fastener manufacturers. In the days when anti-dumping duties were levied by the European Union, China International While continuing to work hard to maintain the number of buyers in Europe and America, Hardware Exhibition strives for exhibitors to invite professional buyers from emerging markets such as Central and South America, South Asia, Eastern Europe, Russia, the Middle East and Africa to attend the meeting.
“Today, the lifting of the ban on anti-dumping in Europe and the United States means that the EU market will reopen the door to Chinese fastener manufacturers. All fastener manufacturers are seeking export channels to recapture the EU market, and China International Hardware Show exports channels in the EU. There is an inherent advantage in this aspect.†Shi said: “From 21-23 September this year, China International Hardware Exhibition will be held as scheduled at the Shanghai New International Expo Center. The organizing committee has already taken action and started to focus on inviting the European Union’s traditions. Fastener purchasers came to purchase.Because of ten years of accumulation, China International Hardware Fair has already owned nearly 100,000 European and American buyers, and the invitation to buyers has progressed smoothly.As of now, pre-registered EU buyers have already With more than 2,000 people, many buyers are also very happy to be able to come back to China to purchase."
According to reports, fastener products have always been one of the important exhibits of China International Hardware Exhibition. Under the strong demand of fastener industry exhibitors and professional buyers, in 2008 CIHS refined the exhibits division and established the fastener area for the first time. In 2010, this area was greatly expanded and based on this area, the China International Building Hardware Show (CIBHS) was successfully established. The exhibits category was further refined. This year, the efforts of the fastener area's inviting and professional visitors were further strengthened. At present, nearly two months before the opening of the exhibition, more than 300 fastener exhibitors have already signed up for exhibition, making China International Hardware Exhibition one of the most concentrated exhibitions among domestic fastener manufacturers.
According to reports, the 11 China International Hardware Show has an exhibition area of ​​115,000m2, more than 2,400 exhibitors, and the number of professional visitors is expected to reach 45,000. Among them, overseas visitors will exceed 3,000, among which European and American buyers will account for 40. %; The domestic audience will exceed 42,000, and more than 70% of the audience will come from corporate management and decision-making. The world's leading retailers including Wal-Mart, Home Depot, Kingfisher Group, LGSourcing, Leroy Merlin, Saint-Gobain, Metro, etc. have confirmed their purchase.
According to reports, the 11 China International Hardware Show will be held at the Shanghai New International Expo Center from September 21st to 23rd. The current exhibition invitation, professional audience invitation and pre-registration, “gold medal buyers†event invitation, live event planning and preparation, etc. Work has been fully carried out.
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