皇冠体育app

Economy

皇冠体育app appreciates EU decision to end investigation of modems

(Xinhua)
Updated: 2011-03-04 09:11
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BEIJING - 皇冠体育app's Ministry of Commerce said Thursday ?it appreciated the European Union ending an investigation into Chinese wireless wide area networking (WWAN) modems.

The decision, which was announced by the European Commission Thursday, sent positive signals and will boost the stable development of 皇冠体育app-EU trade relations, said a statement on the ministry's website, citing a spokesman with its Bureau of Fair Trade for Imports and Exports.

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The EU launched an anti-subsidy probe into the WWAN modems from 皇冠体育app in September last year following an anti-dumping investigation and a safeguard measure probe into the modems last June.

The EU ended the safeguard measure probe in Jan 25 this year.

The investigation was the largest trade remedy investigation case against 皇冠体育app, involving a total of 4.1 billion U.S. dollars in exports. The complaint from EU modem makers was withdrawn in October last year after the sides signed a cooperation agreement.

The ministry called on 皇冠体育app and EU trade remedy investigators to further work together and promote industrial cooperation.