China won the United States' countervailing 'lawsuit
The local time on December 19,, the federal circuit court is the hebei tyre company in the United States in le to its 14% on anti-subsidy and appeal made a historic in the ruling, that America countervailing law does not apply to 'non-market economies'. According to the ruling, since 2006 the United States to restart the ministry of commerce on China's export enterprise countervailing investigation made decades since Pope countervailing investigation, all don't comply with the current law, could start all over again, about $8 billion of China is likely to get rid of products involving the United States set countervailing barrier which directly for China's export products come back to life.
This is a natural for China's export enterprise exciting news. Since November 30, 2006 the United States to China launched the export of glossy paper countervailing and the anti-dumping investigation later, China and the United States have been trade disputes, especially in after the outbreak of the global financial crisis, the United States in order to help themselves, increase the export enterprise after China's 'double reverse' action, China's export suffered a serious challenge. In recent years, our New Era Hats country foreign trade export the products in continues to decline, coastal a number of the production of export products for business enterprise in serious difficulty. The United States set this trade barriers once removed, natural let China export enterprise hold their head high.
But, the United States circuit court that ruling, but in China is still a 'non-market economies' for the premise condition, this obviously China and the pursuit of the goal are not consistent. After the reform and opening up, China gave up the government economic management plan economic model, especially in 10 years ago to join the WTO, China is increasing the international market with the power and speed. The United States and other countries to make China previously countervailing sanctions, the basis is also because the so-called government subsidies don't conform to the market economic principles. Now, if China accepts the U.S. circuit court ruling that, apparently the China must accept the implicit imposed on our 'non-market economies' such a hat. For we celebrate the United States in the court of the ruling, but also increase a point the colour of anxiety.
Long-term since, in the development of China's economy to rely heavily on exports, and will promote the growth of GDP as a important method. In the policy guidance, China's exports maintain a high growth, and has emerged with a large number of overseas market as the main business docking of small and medium-sized private enterprises. But, this kind of a single export oriented policy but covers the domestic market power consumption insufficient contradiction, some local governments to support export enterprise do big business, to export enterprise implementation of financial subsidies, the country is also to some export product implementation export tax refund policy. The result from this policy, although did receive foreign trade exports increase the positive effect, also solved quite a number of social employment problem, but that the economic growth in China to produce too many of dependence on foreign trade, relax the domestic market sense of urgency. At the same time, the higher financial subsidies and export tax rebates for foreign consumers to enjoy the Chinese prices, the domestic market prices higher than foreign markets instead. Obviously, this in putting the cart before the horse fiscal policy support of export, is the lack of persistence, in recent years the appear international trading friction, are the United States and other countries for selfish pursuit of the crisis of the interests of the pass on motive, but China is also should really see the friction from their deficiency.
Insist on the development of the Cheap sunglasses market economy road, is China will firmly established state policy. The real the requirement of market economy government meddling in the economy must be highly restrictions, but in recent years, our country from the central to local levels of government in economic affairs have specific degree increase trend, U.S. circuit court based on China is' non-market economies' to the ruling, too, from a side to China made a wake up, we can't just accept the laws of the United States to the Chinese enterprise support and ignore it to our economic system judgment. Therefore, we must see their own economic structure exists serious defect, thorough reform. This reform a direction, is gradually cancel the government use national finance gives export enterprise financial subsidies, and gradually cancel is still in some sectors of the implementation of the export tax refund policy. China enterprise must give up lying on the arms of the government of the growth of the mind, the only way to truly made in the international market the discourse right, so that China's export trade maintain effective sustainability.
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