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Start The Commerce Department To Maintain Manufacturing Safety Warning System Damage - Machinery

Start The Commerce Department To Maintain Manufacturing Safety Warning System Damage - Machinery

Communication and exchange, to help enterprises cope with financial crisis

, further Hoist Mechanical equipment manufacturing industry competitiveness, the Ministry of Commerce Bureau of Industry Injury Investigation, China Machinery Industry Federation on December 26, 2008 joint meeting of the 2008 damage to machinery and equipment manufacturing industry briefing for early warning information.

Meeting that damage machinery and equipment manufacturing industry briefing for early warning information system was established. Briefing for the regular analysis of changes in international economic development and export anomalies on the impact of China's machinery and equipment manufacturing industry, warning information to assess the security situation in industry, reflecting the industry voice, to achieve prediction, early warning, preparedness, pre-control for the enterprise and government scientific decision-making reference, for enhancing the international competitiveness of industry. Assistant Minister of Commerce Lu Jianhua

stressed the need to make full use of exchange meetings platform to play the role of industry injury early warning system, and thus strengthen the Government, industry associations and information communication between enterprises. Meanwhile, enterprises should take the initiative to raise awareness of the use of trade remedy measures to strengthen the study of international rules of import and export of abnormal impact on the industry, improve the early warning mechanism, the courage to use legal weapons to protect business interests.

Department of Commerce Bureau of Industry Injury Investigation, said the Secretary YANG Yi, for the current problems facing our industry, the new situation, the State Department briefing for the relevant departments will be invited to discuss response plans, and jointly safeguard the security industry.

Financial crisis and trade disputes exist

The current U.S. financial crisis on China's machinery exports should not be underestimated. Machinery industry and foreign to the high degree of dependence on export-oriented enterprise the first to be affected. Order to reduce, increase in bad debts coming winter the two signals.

China Machinery Industry Federation executive vice president of Luren Qi told the meeting that the current global financial crisis has resulted in foreign orders for China's machinery manufacturing industry to reduce the export decline. Moreover, the impact of financial crisis on the machinery manufacturing industry is relatively backward areas in 2009 will intensify the negative effects of mechanical industry will face serious challenges. In addition, international trade frictions and disputes in the high incidence of situation has not changed. Intellectual property disputes, anti-dumping anti-subsidy, technical barriers and other forms of contradictions and conflicts are getting worse.

Dongfang Electric Corporation Zou Yulan, vice minister of economic operation told reporters that the yuan appreciation reduced the competitiveness of enterprises in overseas markets, coupled with the deteriorating economic situation in the export market, on the one hand increases the Dongfang Electric overseas project management risks, greatly reduces the demand for new power plant projects, so that the export market Dongfang Electric is facing new challenges.

Strengthen coordination reduce export risks

Price Machinery Research Center recently released "2008 China Machinery Industry Foreign trade remedy investigations," the report show that in 2008, foreign machinery industry in China anti-dumping investigations initiated since 9, an increase of 5 cases; anti-subsidy investigations into the two onwards, an increase of two; 1 from the anti-circumvention investigation, an increase of one since. Among developed countries (regions) become China's machinery industry trade remedy investigations initiated by the subject, general petrochemical machinery be the focus. Moreover, foreign initiated anti-subsidy on China's machinery industry has expanded the scope of the investigation.

Increasingly grim for the response to the current international trade situation, Lu Renqi suggested that the Government should instruct the central bank slowed the speed and magnitude of the RMB appreciation, export tax rebate rate of recovery, to resolve the difficult problem of credit for SMEs, trying to help businesses to restore and stabilize the export benefits; tax policies for imports of equipment should be adjusted, on encouraging the development of the 16 critical areas of development, manufacturing, import the key requirements Parts And domestic production of raw materials can not import duty and import VAT, the implementation of front-end back and stop the appropriate machine and complete sets of equipment imported duty-free policy; should help exporters suffered losses to recoup their losses, guide enterprises to rely on local business provinces Office of the Working Group on Credit Insurance companies involved in U.S. bankruptcy proceedings, with the bankruptcy court to give evidence, and strive to legitimate rights and interests, or entrust the relevant law firms involved in insolvency proceedings.

by: gaga
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