my country's middle and low-end processed products are frequently hit by anti-dumping sticks

by:Yourijiu     2021-09-04
my country's low- and mid-range processed products have recently encountered anti-dumping sticks from Europe and the United States. According to the reporter’s understanding from industry insiders, recently, some companies in Shanghai took the initiative to respond to anti-dumping investigations and achieved very good results. However, there are still some small and medium-sized enterprises that have suspended operations, and some Sino-US joint ventures have given up exporting to the US market. Business. MicrosoftInternetExplorer402DocumentNotSpecified7.8 pounds Normal0 my country's low- and medium-grade processed products have recently encountered anti-dumping sticks in Europe and the United States. According to the reporter’s understanding from industry insiders, recently, some companies in Shanghai took the initiative to respond to anti-dumping investigations and achieved very good results. However, there are still some small and medium-sized enterprises that have suspended operations, and some Sino-US joint ventures have given up exporting to the US market. Business. Take the initiative to fight for differential tax rates It is understood that on July 6, the US Department of Commerce made a final ruling on the anti-dumping administrative review case of boxed pencils originating in China. The results of the ruling showed that, except for one Chinese company whose administrative review was cancelled, and seven companies had achieved a differential tax rate of 12.37% to 26.62%, the vast majority of enterprises in the industry would face a general tax rate of 114.90%. The products involved are writing tools and painting tools of various shapes and sizes, using graphite or other materials as refills. It is worth noting that there are 7 companies that have won differential tax rates, of which 6 companies are in Shanghai, namely China First Pencil Co., Ltd., Shanghai Samsung Culture and Education Industrial Company, Shanghai Foster Pen Industry Co., Ltd., and Shanghai Great Wall The final anti-dumping duty rate of Pen Industry Co., Ltd. and China First Pencil Founder Co., Ltd. is 26.62%. The final anti-dumping duty rate of Orient International Group Shanghai Foreign Trade Co., Ltd. is 25.70%. Sino-US joint ventures abandon the United States The anti-dumping stick in Europe and the United States not only affects the foreign trade of domestic Chinese companies, but also affects the export business of Sino-US joint ventures investing in China. A person from the customer service department of Shanghai Mark Stationery Co., Ltd. revealed that our company is a Sino-U.S. joint venture, mainly engaged in the manufacturing and sales of wooden pencils. I haven't done a pencil business exporting to the United States for several years. The company's products are exported to Europe and other places on weekdays. At the same time, adopting diversified operations to avoid trade risks has also become a practice adopted by the industry. China First Pencil Co., Ltd. (600612) Secretary of the Board Zhou Fuliang said that the main business of First Pencil mainly includes two major sectors, one is Lao Fengxiang gold and silver jewelry, which accounts for 60% of the company’s main revenue and a third of the profit. Second, it is the company's core industry. The other is the stationery industry with Zhonghua and Great Wall brand pencils as the main products. However, the pencil manufacturing industry itself has low technical content and low capital investment. Currently, it only accounts for about 1% of the company's main business income, so this case has little impact on the company. According to reports, pencil manufacturers around the world present a pyramid structure. The apex of the pyramid is the more outstanding pencil manufacturers such as Japan and South Korea, followed by Europe and China.
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