皇冠体育app

Cars await for export at a port in Haikou, Hainan province. Brand perceptions and distribution networks are key elements for robust growth in 皇冠体育app's auto market in the next few years, analysts say. [Shi Yan / For 皇冠体育app Daily]

BEIJING - 皇冠体育app's Ministry of Commerce (MOC) said on Saturday that it has reservations about a World Trade Organization (WTO) expert panel ruling on an automobile trade dispute between 皇冠体育app and the United States.

皇冠体育app to end anti-dumping duties on US car imports

Car imports go into reverse

A statement by a senior official at the ministry's treaty and law department was made after the WTO panel ruled on Friday that part of 皇冠体育app's anti-dumping and countervailing measures on certain automobiles from the United States were inconsistent with WTO rules.

"The Chinese side holds reservations about the panel's rulings on such issues as the calculation of dumping margins and price effects," said the official who did not give his name.

The panel found that the MOC made a mistake in its determination of the residual anti-dumping and countervailing duty rates for unknown exporters of the product, according to the panel's report.

Meanwhile, the MOC supports part of the report which is fully supportive of 皇冠体育app in the definition of domestic industry and partially in favor of 皇冠体育app in a few other issues.

Investigations into the auto market showed that US car makers have received government subsidies and dumped their vehicles into the Chinese market, which has substantially harmed 皇冠体育app's auto industry, the MOC concluded back in 2011.

皇冠体育app had since levied anti-dumping tariffs from 2 percent to 21.5 percent and countervailing duties of up to 12.9 percent according to the level of subsidies US carmakers received from their government, both of which expired on Dec 14, 2013.

 

• 皇冠体育app's logistics growth further slows
• Uyghur student nets market with nut
• Beijing subways to get 4G coverage
• Top 10 most competitive countries and regions
• Nation 'can lead' in FDI rules
• Energy, emissions goals appear cloudy for 2015
• Turkey to narrow trade gap
• Schindler new escalator factory takes customer service to higher level