China launches anti-dumping investigation in opposition to Taiwan, Japan and america, Ministry of Financial Affairs responds

▲ Ministry of Financial Affairs. The Ministry of Financial Affairs responded that it will assist enterprise gamers to reply, launch gross sales growth in decentralized markets, in addition to low-carbon good transformation and go- into the provision of semiconductor merchandise. (Photograph / Photograph by reporter Chen Mingzhong, 2024.03.22)

[NOWnews今日新聞] On the eve of the inauguration of the President of Might 20, the Ministry of Commerce of China introduced on the nineteenth that it’ll launch an anti-dumping investigation on polyformaldehyde copolymer imported from Taiwan, america, Japan and the Union European. In response, the Ministry of Financial Affairs responded that it will assist producers to reply, launch gross sales growth in decentralized markets, and transfer to a low-carbon good transformation to – into the provision of semiconductor supplies.

On the nineteenth, the Ministry of Commerce of China revealed on its official web site “Data on the launch of an anti-dumping investigation on imported polyformaldehyde copolymer (Polyformaldehyde Copolymer) originating from the European Union , america, Taiwan and Japan. The information indicated that on April 22, six firms together with Yunnan Yuntianhua Co., Ltd., Nationwide Power Group Ningxia Coal Co., Ltd., and Kaifeng Longyu Chemical Co., Ltd. -formally filed for anti-dumping on behalf of China’s “polyoxymethylene copolymer trade” survey request.

The discharge said that primarily based on the proof offered by the applicant and the preliminary evaluate by the Ministry of Commerce, in accordance with Article 16 of the Anti-Dumping Rules, it was determined to provoke an anti-dumping investigation on copolymer initially imported polyformaldehyde. the EU, america, Taiwan and Japan from Might 19. .

The Ministry of Financial Affairs responded that the polyoxymethylene (POM) is a thermoplastic engineering plastic that’s being studied this time in engineering elements comparable to pins, device handles, and fasteners. Taiwan exports about 47,000 tons (USD 79 million) to the Chinese language market. however the proportions in every nation aren’t a lot completely different.

The Ministry of Financial Affairs indicated that mainland China has imposed anti-dumping duties on polyformaldehyde merchandise from South Korea, Thailand, and Malaysia in 2017. This time they’ve launched an investigation into the European Union. , america, Taiwan, and Japan. . present advertising and marketing help in current and rising markets. As well as, the Ministry of Financial Affairs will proceed to help the petrochemical trade with a low-carbon good transformation, upgrading from normal supplies to high-quality particular supplies, and selling entry to semiconductor materials provide.

The Ministry of Financial Affairs explains that Taiwan produces polyformaldehyde and exports it to China, accounting for 60% of the entire export market. Different markets are Vietnam, Turkey and India. Primarily based on statistics from 2021 to 2023, it accounts for about 12.7% to 14.1% of the entire import worth of polyformaldehyde in mainland China, making it the fourth largest import supply in mainland China, in second place to the European Union, South Korea, and america. As related export rivals face anti-dumping duties or anti-dumping investigations, the Ministry of Financial Affairs not solely actively helps firms in coping with a case -law, but in addition paying shut consideration to subsequent developments, and can start gross sales growth work in rising markets. within the second half of this yr.

Extra NOW information stories in the present day
Mortgage accounts for 72% of the month-to-month wage! It’s tough for workplace employees to dwell in peace and contentment It takes 10 years with out meals or water to purchase a home.
Thieves attacked Emei Substation! A 20-centimeter cable was reduce and Taipower known as the police
Come on, you may wait!PetroChina: Gasoline and diesel costs every drop 0.2 yuan from tomorrow