CCPIT held a press conference to issue the work in handling economic and trade frictions in 2016 on Dec. 29. Deputy Director General of CCPIT Legal Affairs Department Liu Chao attended the press conference and answered questions from journalists. CCPIT spokesman and Director General of CCPIT Development and Research Department Feng Yaoxiang chaired the conference.

CCPIT actively carried out work in handling global economic and trade frictions through lobbying and industry consultation in 2016, to help Chinese enterprises develop and maintain the international market, and make achievements in struggling for a favorable international environment for industry transformation and upgrading to high-end.

Liu said, overall, CCPIT handled 24 cases, involving nearly 5 billion US dollars, accounting for 20 per cent and 36 per cent respectively of the total. The cases involved accounted for one-third of the total cases China dealt with. In particular, CCPIT treated 14 steel cases like the U.S. anti-dumping & anti-subsidy case against stainless steel and Canada anti-dumping & anti-subsidy case against steel component, involving 3.1 billion US dollars, half of the China’s steel trade friction cases. 11 countries including the U.S, EU, Brazil and Canada were involved in the cases, covering the fields of steel, chemical engineering, electromechanics, agricultural products etc, in the types of anti-dumping, anti-subsidy, safeguard measure, technical barrier and tariff barrier.

Liu added, news of victory kept pouring in for CCPIT in 2016. In the U.S. anti-dumping & anti-subsidy case against iron mechanical transmission part, CCPIT forced the complainant to narrow the scope of the products five times and made the case close without damage, maintaining the annual export market worth of 300 million US dollars a year. In the Korean anti-dumping case against China’s titanium dioxide, CCPIT forced the complainant to withdraw the case through lobbying and legal defense, protecting the annual export market worth of 100 million US dollars, which was the first success after the launch of China-ROK FTA. In the South African safeguard measure case for hot rolled and cold rolled sheet, CCPIT forced the South African investigative authorities to adopt no measures via lobbying, laying the foundation for the final victory, protecting the annual export market worth of 500 million US dollars. CCPIT also prepared for national industry association for related industries of balance vehicles whose market is worth of 100 billion, and promoted the national standards projects, to help the industry in self-discipline, international standards making and intellectual property protection. In the Brazil anti-dumping sunset review case against footwear products, CCPIT made the final tax rate reduced by 26% through lobbying. In response to the EU’s plan of raising the standard of perchloric acid in tea, CCPIT consulted with European Commission and relevant organizations to postpone the plan to next year, saving time for tea enterprises to response.

Source: CCPIT