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    Early Warning Of China'S Factory

    2008/5/9 15:55:00 17

    Early Warning Of Foreign Trade To Watch Chinese Factories.

     

    In a home textile enterprise in Yuhang, Hangzhou, workers have just produced a batch of new foreign trade order products.

    Rising costs and appreciation of the renminbi are testing the vitality of "Chinese factories".

    More than a year ago when the European Union launched anti-dumping investigations on fasteners produced in China, the Jiaxing fastener import and export enterprises association set up an early warning point in the European Union, which informed the situation.

    In May 12th, Jiaxing fastener import and export enterprises association will once again go to the European Union for a new round of lobbying defenses.

    Statistics show that in recent years, Zhejiang's anti-dumping cases, the winning rate and the number of enterprises that receive the EU's market economic treatment are among the highest in the country.

    "To monitor early warning information on international trade frictions through early warning and demonstration points in foreign trade intermediary organizations".

    Li Ling, director of the Ministry of Commerce's import and Export Fair Trade Bureau, said that the practice of Zhejiang is still the first in the country, which is of great reference value to other countries and is expected to be promoted throughout the country.

    The first batch of 20 foreign trade early warning demonstration sites established in Zhejiang are distributed in some representative massive economic agglomeration areas in the province.

    At the moment, more entrepreneurs want to prove their strong vitality to China's factories with their own efforts.

    We must accurately grasp the "time point" in dealing with foreign trade friction.

    In May 12th, Jiaxing fastener import and export enterprises association will once again go to the European Union for a new round of lobbying defenses.

    The defense is aimed at the anti-dumping investigation initiated by the EU's fasteners to China at the end of last year.

    Screws, nuts, bolts...

    These people in daily life are commonly referred to as "fasteners".

    Fasteners are one of the important industries in Jiaxing. More than 2100 enterprises in the city are engaged in such production and import and export trade. Last year, the total export value of local fasteners accounted for 20% of the whole country.

    "This is the second time this year."

    Chen Lan, director of the Fair Trade Department of the Jiaxing Municipal Bureau of foreign trade and economic cooperation, said that in February, local officials had organized a delegation to Brussels, Belgium, to call on the officials of the trade and relief Department of the European Commission.

    Wu Qi Fa, a head of fastener business with nearly $50 million in exports last year, is the vice president of Jiaxing fastener import and Export Association. It represents the whole industry, and is at the head office of the European Union and 7 official investigators.

    The anti-dumping investigation was formally filed by the European Commission in November 9, 2007.

    As early as 7 2006, all Jiaxing fastener enterprises have received early warning information.

    The warning point of Jiaxing fastener import and export enterprise association located in the European Union was aware of this situation during the incubation period of the anti-dumping investigation.

    As a result, this action has a fairly long preparation period.

    Because of this, the high-profile appearance of China's fastener industry representatives surprised the European Union.

    They visited the European Union foreign trade association (FTA), the European Shipping Association (CESA) and the European fastener Distributors Association (EFDA) for three consecutive days.

    Mobilize lobbying fastener importers and downstream user associations to voice objections in the European Union, and strive for an alliance of interests.

    Crugi Terman S, the representative of the Holland anti dumping Committee, told guests from China that she would receive all kinds of information from interested parties on the eve of the polling decision of the European Commission, but she did not have enough time to consider the information.

    Therefore, Chen Lan realized that the work of the responding link must be submitted to the representatives of the anti-dumping Committee in advance and submit new suggestions and evidence materials, so that they can fully consider the views of the Chinese side when they vote.

    "Because early warning will move ahead of the foreign trade frictions, we accurately grasped the time point this time."

    Chen Lan said.

    The "warning point" is a strategic approach.

    The Ministry of commerce should popularize Zhejiang's experience throughout the country.

    Since 2007, the first batch of 20 early warning and demonstration sites for foreign trade has been established in Zhejiang, which are distributed in some representative massive economic agglomeration areas. The early-warning points are led by trade associations, chambers of Commerce and other intermediary organizations. At least, enterprises with more than 50% of the annual export volume of 5 million dollars will be included in the warning area.

    "We can monitor early warning information of international trade frictions through early warning and demonstration points located in foreign trade intermediary organizations. We can learn from and reference from the establishment of operations to assessment."

    Li Ling, director of the Ministry of Commerce's import and Export Fair Trade Bureau, said that the practice of Zhejiang is still the first in the country, which is of great reference value to other countries and is expected to be promoted throughout the country.

    They encouraged many pioneering practices, including "making full use of publicly available information resources, and establishing cooperation with well-known law firms or information service institutions at home and abroad".

    "Early warning information collected", "foreign trade and economic cooperation"

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