The EU Trade Commission will meet in the near future to discuss the punitive tariff proposal to cancel the import of energy-saving lamps from China. If the proposal is passed, it means that the EU’s six-year sanctions against Chinese manufacturers have temporarily come to an end. Previously, the rate of anti-dumping duties imposed on Chinese companies was between 0 and 66.1%.
According to media reports, the price of energy-saving light bulbs imported into the EU market in China has risen by 66% in the EU due to tariff barriers.
Although foreign media attributed energy conservation and environmental protection to the important cause of this incident, in fact, "the tariff caused the price of energy-saving light bulbs imported from China to rise sharply" is the real reason for the EU to cancel the anti-dumping tax rate. According to data provided by Philips in its presentation to the European Commission, in the past five years, the price of energy-saving lamps in the EU has increased by 25% due to anti-dumping investigations by the Chinese energy-saving lamp industry.
In fact, many energy-saving lamp importers are very clear that high prices do not protect Osram, the EU's largest energy-saving light bulb manufacturer, and increase the cost of living for the local people in the EU. This is like the United States after launching several rounds of anti-dumping investigations on Chinese products, but found that the American consumer index is rising, and Chinese products have become a must-have for many American families. Anti-dumping duties have affected the living standards of EU domestic residents.
Imposing anti-dumping duties for up to 6 years
China has always been a major exporter of lighting products, with an export share of over 45%. In 2006, the export delivery value of China's lighting products was 56.479 billion yuan, a year-on-year increase of 18.28%.
However, the EU sanctions order that began in 2001 has been the heart of many export companies. A person from Changzhou Hongri Electric Appliance Co., Ltd. said that since 2001, the company will no longer export energy-saving lamps to Europe. Its main markets are in South Africa, Iran and other countries in Africa and the Middle East. "The anti-dumping tax rate in the EU market is too high. â€
In 2001, in addition to the exemption of one Chinese company, the EU imposed anti-dumping duties ranging from 0 to 59.6% on 8 energy-saving lamp exporters in China, and all Chinese companies outside the 8 were taxed at 66.1%. Anti-dumping duties.
In June last year, Germany's Osram again accused Chinese companies of dumping energy-saving lamps. Therefore, the EU has reviewed a number of companies such as Shenzhen Zhongdian Lighting and asked companies to return the questionnaires before November 16. Recently, the review will be completed.
EU Trade Commissioner Mandelson will submit an anti-dumping tax proposal to cancel the product on the 26th of this month, which will be discussed by EU trade experts and may be submitted to the Council of Ministers in September.
Chen Yansheng, chairman of the China Lighting Association, told the "First Financial Daily" on the phone yesterday. Before 2000, there were many companies that exported energy-saving light bulbs to the EU. However, after the sanctions were released, the export volume began to decrease. “Chinese companies are subject to different tax rates. Some factories with lower tax rates continue to export after negotiating a reasonable price with local traders.â€
Enterprises have a wait-and-see attitude towards eliminating tariffs
Xiamen Donglin Electronics Co., Ltd. and Zhejiang Sunshine Group Co., Ltd. (600261.SH, hereinafter referred to as “Zhejiang Sunshineâ€), which exported energy-saving lamps to Europe, recently received a cancellation notice from the European Union.
A woman in charge of foreign trade in Zhejiang Sunshine told the First Financial Daily yesterday that the notice did not state when the anti-dumping duties would be officially cancelled, and the tax rate of their company for the past six years has been 35%.
Ms. Zhu also said that the collection of anti-dumping duties is mainly for local importers in the EU. How importers operate in the EU is not clear as a domestic company. "But if this tax rate is abolished, it will undoubtedly increase the amount of purchases in China."
Jia Qiang, chairman of Xiamen Donglin, said that the EU was once the main overseas market of the company. After the anti-dumping duties were imposed, the number of energy-saving lamps exported by the company to the EU decreased by more than 70%.
However, if the tax rate is completely abolished, not all companies will seize the local market in Europe.
The above-mentioned person from Changzhou Hongri also said that it is difficult to say whether the company will enter Europe. “The company needs to get a lot of local strict certification in Europe. These certification procedures are expensive and expensive, and we may not be able to afford it.â€
Mr. Gao of Zhejiang Zhengming Electric Co., Ltd. said that the energy-saving lamp industry has reached its peak. Even if the anti-dumping duties are abolished, they do not intend to enter.
Factors such as environmental protection are expected to contribute to tax rate exemptions
Chen Yansheng, chairman of the China Lighting Association, told this reporter that various reasons are expected to promote the EU's tax rate adjustment or exemption for Chinese products.
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