Memorabilia Of International Textile Trade In 2007

Luo and Bao formally joined the European Union in January 1st. Romania and Bulgaria joined the European Union formally and become the twenty-sixth and twenty-seventh member of the European Union.

EU's trade policies, technical standards and related legislation are immediately applicable to both countries, and their import tariffs are immediately replaced by the EU's unified tax rate.

At the same time, the EU issued the 54/2007 rules and regulations to adjust the 10 categories of textiles restrictions on China in 2007.

The EU decided to adjust the 10 categories of textiles from China since January 1, 2007, with the increase in the number of categories from 0.12% to 6.98%.

South Africa implemented unilateral import management of some of my textiles. In January 1st, according to the latest provisions of the memorandum of understanding on the promotion of bilateral trade and economic and technological cooperation between the governments of People's Republic of China and Republic of South Africa, South Africa's import management of some textile and clothing products originally produced in China began in January 1, 2007.

The memorandum covers 31 products, including cotton fabrics, knitted fabrics, curtains, jackets, trousers, skirts, jackets, suits, windbreaker, coats, sportswear, bra and so on. The management period will be until December 31, 2008.

Vietnam formally joined the WTO. In January 11th, Vietnam formally joined the world trade organization.

Since January 11th, the United States has abolished quotas and visa requirements for all Vietnamese textile and apparel products.

Meanwhile, the United States has launched an import monitoring plan for 5 categories of Vietnamese clothing products (trousers, shirts, underwear, swimsuits and sweaters), which has been implemented since January 11, 2007 and ended in January 19, 2009 when the Bush administration expires.

From January 15, 2007 to April 1st, the number of foreigners in retail stalls, markets and shops outside the retail establishments should be restricted to 40% of the total retail sales. From April 1, 2007 to December 31st, foreigners will be prohibited from doing retail business.

This policy has strongly affected foreign retailers including a large number of Chinese businessmen.

The US Department of Commerce decided to apply Countervailing Law to China. In March 30th, the US Department of Commerce announced the preliminary results of countervailing investigations on China's coated paper products, decided to apply Countervailing Law to China and began to levy temporary countervailing duty.

The ruling overturned the practice of countervailing laws established by the United States since 1984, not for the so-called "non market economy countries", and set a precedent for the us to launch countervailing investigations against more Chinese products.

In April 9th, the US Department of Commerce made a final ruling on the anti-dumping case against polyester staple fibres in China, and concluded that the products from China were sold in the US market at a price below normal value. According to the comments submitted by stakeholders after the preliminary ruling, the dumping margin of some enterprises involved was adjusted.

Among them, Cixi Jiangnan was excluded from taxation by dumping. The Far East tax rate in Shanghai was 3.47%, the Ningbo Dafa tax rate was 4.86%, the 16 tax rate was 4.44%, and the unified tax rate of other enterprises was 44.30%.

The REACH regulations were formally implemented in June 1st. In June 1st, the registration, assessment, licensing and restriction system of chemicals (Reach) is a new EU chemicals regulation, which is a management system for registration, evaluation, licensing and restriction of chemicals.

The object of management is the manufacturers and importers of all chemicals, products and products in the European Union.

Argentina limited its textile products to China in August 17th. The government of Argentina suddenly announced that it would launch a series of restrictions on imports of products such as tires and wheels, clothing, toys, leather, shoes, textiles, bicycles and computers, and clearly stated that such measures would mainly target Chinese products.

In August 24th, the Argentina Customs issued document No. 57 concerning customs inspection of customs declaration documents for imported consumer goods, and issued document No. 58 in August 29th, which adopted the standard value for the import of nearly 7000 tax numbers.

The biggest anti-dumping case of silk in China and India ended in September 20th, when the Central Silk Bureau of India withdrew. The largest anti-dumping case in China and India finally ended after twists and turns.

In May 18, 2005, India carried out anti-dumping investigations on the silk products with a weight of 20~100 grams per metre, which was originally produced in China. The amount involved was 180 million US dollars and more than 100 enterprises involved. This is the largest anti-dumping case initiated by India in China in recent years.

In November 17, 2006, the General Administration of anti dumping of the Ministry of Commerce and industry of India announced a final ruling on anti-dumping investigations on Chinese silk, setting a minimum price of 1.662 to 4.526 dollars / metre (including import duties and 1% of miscellaneous charges).

However, the Central Silk Bureau of India was not satisfied with the result. It appealed in May 2007. In July 12th, at the hearing held by the India court, the China Textile Import and Export Chamber of Commerce led 16 silk responding enterprises and hired lawyers to the court of India Central Silk Bureau.

In September 20th, the India Central Silk Bureau withdrew.

In September 21st, the European Union made an anti absorption final for my polyester filament fabric. The European Commission made an anti absorption final for the polyester filament fabric originating in China.

According to the final ruling, the European Commission increased the anti-dumping duty rate of 22 Chinese enterprises and raised the general tax rate from 56.2% to 74.8%.

Customs codes for products involved are ex54075100, 54075200, 54075400, ex54076110, 54076130, 54076190, ex54076910 and ex54076990.

In June 17, 2004, the European Union filed anti-dumping investigations on polyester long fiber fabrics originating in China. In September 16, 2005, the EU made a definitive final ruling on the case; in December 28, 2006, the EU launched an anti absorption investigation on polyester filament fabrics originating in China.

China and Europe reached a new bilateral monitoring agreement in October 9th. The European Commission confirmed that China and the EU have reached new agreements on textile trade to stabilize the export of Chinese textiles to the EU.

The European Commission said the new system is a dual monitoring approach, which will help to improve China's expanding trade surplus with the EU.

Columbia made an anti-dumping ruling on my home textiles. In October 12th, the Ministry of foreign trade and industry of Columbia issued the 2502 resolution in the official daily, ruling on the anti-dumping case of my family textile.

The results are as follows: when the tariff of 6302.5100.00 and 6302.5300.00's tablecloth textiles is lower than 5.29 USD / FOB, the anti-dumping duty is the difference between them.

The anti-dumping duty is the difference between the bed sheet textiles of the tax number 6302.2200.00 and 6302.3200.00 when the FOB value of the customs declaration is lower than 6.64 USD / piece.

No tax is imposed on synthetic fabrics such as tax numbers 5407.5100.00, 5407.5200.00 and 5407.5400.00.

The above-mentioned anti-dumping duty has been implemented since October 12, 2007, and the validity period is 5 years.

In November 27th, the US Department of Commerce issued a notice to make a preliminary countervailing duty on composite woven bags originating in China.

The case was received by the US Department of Commerce in June 28, 2007. In July 19, 2007, the US Department of Commerce issued a notice that it decided to file a countervailing investigation on the Laminated Woven Sacks originating in China.

Customs codes for products involved are 63053300.50 and 63053300.80.