Ministry of Commerce: China has become the biggest victim of trade protectionism

Yang Yi, director of the Bureau of Industrial Injury Investigation of the Ministry of Commerce, said at the 7th China Enterprise Competitiveness Annual Meeting held on the 12th that as of the beginning of November this year, 19 countries and regions in the world had initiated 101 trade remedy investigations on Chinese exports. The total amount involved is more than 11.6 billion U.S. dollars. This is the first time since 2002 that China’s annual trade investigation has exceeded 100 marks.
Yang Yi said that since last year to September this year, foreign countries have launched 20 countervailing investigations on Chinese exports, 19 of which were combined with anti-dumping investigations. In addition, China has also suffered 7 special insurance investigations. In the past three years, it has become the country with the most countervailing investigations in the world and is the biggest victim of trade protectionism."
In fact, under the global financial crisis, the impact of trade frictions is even more profound. Yang Yi said that the impact of trade friction spread from individual products to the entire industry, to the national policy level, affecting the production and management of many enterprises, and more importantly, affecting the stability and sustainability of China's macroeconomic policies.
It is worth noting that in addition to explicit trade protection, the intention of developed countries to use technology, climate, carbon tariffs and other means to implement hidden trade protection is more obvious.
"The new trade barriers in trade and technology have increased the impact on China's exports. The current new trade barriers have become a feature of international trade protectionism." Yang Yi said that 36% of China's export enterprises were subject to foreign technical trade last year. The impact of the measure, direct trade losses for the year reached 50.5 billion US dollars.
At the same time, the green barriers of developed countries in terms of climate change and border carbon tax have also exerted tremendous pressure on China's export products. Green barriers will also make China's industrial restructuring task even more arduous.
Under this situation, Yang Yi believes that it is first necessary to properly handle trade frictions, strive to create a level playing field, clearly oppose trade protectionism, make full use of the WTO dispute settlement mechanism, and properly handle trade frictions.
In addition, the use of trade remedy measures in accordance with the law and the strengthening of trade remedy measures to protect domestic industries are also important countermeasures. Yang Yi said that the number of cases filed has increased rapidly last year, and 27 trade remedy investigations have been initiated, involving an import value of 9.9 billion US dollars and 200 domestic enterprises.
In addition, Yang Yi also suggested that enterprises should pay attention to and be good at using trade remedy measures to protect themselves. Under the conditions of globalization, the development of enterprises is not only about themselves, but also about the international market. To understand international rules, we must use these trades. Rule measures to protect their rights and interests. He suggested that enterprises should pay attention to the changes in the international market on the one hand, attach great importance to the impact of trade frictions, actively respond to complaints when products encounter trade frictions, dare to respond to complaints, and safeguard their own rights and interests; on the other hand, find low-priced imported products. When you have an impact on yourself, you should apply for relief in a timely manner and use legal weapons to protect your rights and interests.

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