Brazil welcomes China's temporary non-implementation of anti-subsidy measures for hot-rolled steel sheets in China

Release time：Jun 28, 2019 From：admin

The Brazilian Foreign Trade Commission has made a final ruling on the anti-subsidy investigation of hot-rolled steel sheets in China. For the public interest, the anti-subsidy measures will not be implemented for the time being. Wang He Jun, Director of the Trade Relief Investigation Bureau of the Ministry of Commerce, said that China welcomed this.

Wang Hejun said that Pakistan launched anti-dumping and countervailing investigations on hot-rolled steel products in China. Both cases were closed without taking final measures. China welcomed Pakistan's prudent and restrained use of trade relief measures and the positive signals it sent to the outside world. In addition, China notes that Pakistan no longer uses the "substitute country" method to calculate the normal value of Chinese products in the two anti-dumping cases of rolls and ductile iron pipes initiated by China this year. China appreciates this approach.

Wang pointed out that China and Pakistan are both emerging economies and major developing countries. Both sides adhere to the BRICK spirit of openness, inclusiveness, cooperation and win-win situation and jointly oppose unilateralism and trade protectionism, which is conducive to strengthening and improving the multilateral trade system with WTO as the core, rules as the basis, fairness and openness and maintaining normal trade. International trade order, promote the process of globalization.

Wang Hejun stressed that China and Pakistan are important trading partners. The healthy and stable development of China-Pakistan economic and trade relations conforms to the common interests of the two countries and their peoples. China is willing to strengthen communication and coordination with Pakistan, deepen cooperation in various fields, including iron and steel, and achieve mutually beneficial and win-win development.