LegalizeCommission Implementing Regulation (EU) 2023/934 of 11 May 2023 imposing a definitive anti-dumping duty on imports of high tenacity yarns of polyesters originating in the People’s Republic of China following an expiry review pursuant to Article 11(2) and a partial interim review pursuant to Article 11(3) of Regulation (EU) 2016/1036 of the European Parliament and of the Council
This is the act as published. Later amendments are not folded into the text below: each one is a separate act in this repository and an entry in this law's history.
Done at Brussels, 11 May 2023.
For the Commission
The President
Ursula VON DER LEYEN
WT/DS295/AB/R, 29 November 2005.
Commission Staff Working Document on Significant Distortions in the Economy of the People’s Republic of China for the purposes of Trade Defence Investigations, 20 December 2017, SWD(2017) 483 final/2.
Report – Chapter 2, p. 6-7.
Report – Chapter 2, p. 10.
Available at: Constitution of the People's Republic of China (npc.gov.cn), accessed on 15 November 2022.
Report – Chapter 2, p. 20-21.
Report – Chapter 3, p. 41, 73-74.
Report – Chapter 6, p. 120-121.
Report – Chapter 6. p. 122 -135.
Report – Chapter 7, p. 167-168.
Report – Chapter 8, p. 169-170, 200-201.
Report – Chapter 2, p. 15-16, Report – Chapter 4, p. 50, p. 84, Report – Chapter 5, p. 108-9.
See at: https://aiqicha.baidu.com/company_detail_70517450166132 (accessed on 18 November 2022).
See at: http://www.szse.cn/disclosure/listed/bulletinDetail/index.html?786334a3-123e-4960-bb6a-19fa0d397bd9, p. 99 (accessed on 18 November 2022).
See for example Art. 33 of the CCP Constitution, Article 19 of the Chinese Company Law or the Guidelines on stepping up the United Front work in the private sector for the new era issued by the General Office of the CCP’s Central Committee in 2020.
See at: cfa.com.cn (accessed on 21 November 2022).
Report – Chapter 5, p. 100-1.
Report – Chapter 2, p. 26
See for example: Blanchette, J. – Xi’s Gamble: The Race to Consolidate Power and Stave off Disaster; Foreign Affairs, vol. 100, no. 4, July/August 2021, pp. 10-19.
Report – Chapter 2, p. 31-2.
Available at: https://www.reuters.com/article/us-china-congress-companies-idUSKCN1B40JU (accessed on 15 November 2022).
Available at: www.gov.cn/zhengce/2020-09/15/content_5543685.htm (accessed on 15 November 2022)
Financial Times (2020) – Chinese Communist Party asserts greater control over private enterprise, available at: https://on.ft.com/3mYxP4j (accessed on 15 November 2022).
See at: http://www.szse.cn/disclosure/listed/bulletinDetail/index.html?786334a3-123e-4960-bb6a-19fa0d397bd9, p. 43 (accessed on 18 November 2022).
See at: https://www.guxiandao.com/index.php?g=news&m=index&a=view&id=161 (accessed on 18 November 2022).
Report – Chapters 14.1 to 14.3.
Report – Chapter 4, p. 41-42, 83.
Available at: https://www.miit.gov.cn/zwgk/zcwj/wjfb/yj/art/2022/art_a01b7532a39a41e891d2540da6981d72.html (accessed on 17 November 2022)
Optimize regional layout, strengthen international cooperation, promote digital transformation, eliminate backward production capacity and mergers and reorganizations in accordance with laws and regulations, cultivate leading enterprises, promote the integration and development of large and small enterprises, and consolidate and enhance industrial competitiveness.
Ibid., Art. II.
Available at: https://huanbao.bjx.com.cn/news/20210906/1175114.shtml (accessed on 17 November 2022).
See Chapter V of the Plan.
See Section 2.2.2. of the Plan.
See Section 4.1.1. of the Plan.
See Section 4.1.3. of the Plan.
Available at: www.qg.gov.cn/zwgk/zcfg/sjfgwj/202112/t20211207_2666343.htm (accessed on 18 November 2022).
See Section III.2.5. of the Plan.
See Section III.4.1 of the Plan Available at:
https://huanbao.bjx.com.cn/news/20210707/1162695.shtml (accessed on 22 November 2022).
Available at: https://huanbao.bjx.com.cn/news/20211201/1191133.shtml (accessed on 18 November 2022).
See Section III.2.1 of the Plan.
See the Plan; Available at:
https://www.zj.gov.cn/art/2021/6/24/art_1229540815_4671249.html (accessed on 22 November 2022)
See Section IV.7 of the Plan.
Available at: https://www.cq.gov.cn/zwgk/zfxxgkml/szfwj/qtgw/202108/t20210803_9538603.html (accessed on 22 November 2022)
See Section III.1.4 of the Plan.
Report – Chapter 6, p. 138-149.
Report – Chapter 9, p. 216.
Report – Chapter 9, p. 213-215.
Report – Chapter 9, p. 209-211.
Report – Chapter 13, p. 332-337.
Report – Chapter 13, p. 336.
Report – Chapter 13, p. 337-341.
Report – Chapter 6, p. 114-117.
Report – Chapter 6, p. 119.
Report – Chapter 6, p. 120.
Report – Chapter 6, p. 121-122, 126-128, 133-135.
See official policy document of the China Banking and Insurance Regulatory Commission (CBIRC) of 28 August 2020: Three-year action plan for improving corporate governance of the banking and insurance sectors (2020-2022), available at: http://www.cbirc.gov.cn/cn/view/pages/ItemDetail.html?docId=925393&itemId=928 (accessed on 15 November 2022). The Plan instructs to ‘
further implement the spirit embodied in General Secretary Xi Jinping’s keynote speech on advancing the reform of corporate governance of the financial sector’. Moreover, the Plan’s section II aims at promoting the organic integration of the Party’s leadership into corporate governance: ‘we shall make the integration of the Party’s leadership into corporate governance more systematic, standardised and procedure-based […] Major operational and management issues must have been discussed by the Party Committee before being decided upon by the Board of Directors or the senior management.’
See CBIRC’s Notice on the Commercial banks performance evaluation method, issued on 15 December 2020. http://jrs.mof.gov.cn/gongzuotongzhi/202101/t20210104_3638904.htm (last viewed on 12 April 2021).
Available at: https://huanbao.bjx.com.cn/news/20211201/1191133.shtml (accessed on 18 November 2022).
See Paragraph 3 of the Section Safeguard Measures of the Plan.
Available at: https://huanbao.bjx.com.cn/news/20210906/1175114-3.shtml (accessed on 22 November 2022)
See Section 8.7. of the Plan.
See at: http://zj.sina.cn/shaoxing/2022-03-03/detail-imcwipih6326336.d.html (accessed on 18 November 2022).
See IMF Working Paper ‘Resolving China’s Corporate Debt Problem’, by Wojciech Maliszewski, Serkan Arslanalp, John Caparusso, José Garrido, Si Guo, Joong Shik Kang, W. Raphael Lam, T. Daniel Law, Wei Liao, Nadia Rendak, Philippe Wingender, Jiangyan, October 2016, WP/16/203
Report – Chapter 6, p. 121-122, 126-128, 133-135.
See OECD (2019), OECD Economic Surveys: China 2019, OECD Publishing, Paris. p. 29, available at:
https://doi.org/10.1787/eco_surveys-chn-2019-en (accessed on 15 November 2022).
See: http://www.gov.cn/xinwen/2020-04/20/content_5504241.htm (accessed on 22 November 2022).
World Bank Open Data – Upper Middle Income, https://data.worldbank.org/income-level/upper-middle-income.
If there is no production of the product under review in any country with a similar level of development, production of a product in the same general category and/or sector of the product under review may be considered.
Regulation (EU) 2015/755 of the European Parliament and of the Council of 29 April 2015 on common rules for imports from certain third countries (OJ L 123, 19.5.2015, p. 33). Article 2(7) of the basic Regulation considers that domestic prices in those countries cannot be used for the purpose of determining normal value.
See https://www.kordsa.com/en/images/pdf/Kordsa_Annual_Report_EN_2021.pdf, p. 160.
See https://www.kordsa.com/en/images/pdf/Kordsa_Annual_Report_EN_2021.pdf, p. 117.
The Commission informed the sampled cooperating exporting producers of its intention to use the data provided by these producers for the purposes of the expiry review investigations. No objections were received.
Wood Mackenzie – see https://www.woodmac.com/
Commission Implementing Regulation (EU) 2017/325 of 24 February 2017 imposing a definitive anti-dumping duty on imports of high tenacity yarns of polyesters originating in the People’s Republic of China following an expiry review pursuant to Article 11(2) of Regulation (EU) 2016/1036 of the European Parliament and of the Council (OJ L 49, 25.2.2017, p. 6), as amended by Commission Implementing Regulation (EU) 2017/1159 of 29 June 2017 amending Council Implementing Regulation (EU) No 1105/2010 and Commission Implementing Regulation (EU) 2017/325 as regards the definition of the product scope of the current anti-dumping measures concerning imports of high tenacity yarns of polyesters originating in the People’s Republic of China, and providing for the possibility of repayment or remission of duties in certain cases (OJ L 167, 30.6.2017, p. 31).
Approximately 14 %, if considering exclusively exports subject to the measures.
2022 semi-annual reports of the countries on the WTO website https://www.wto.org/english/tratop_e/adp_e/adp_e.htm
See Fujian Billion diversifies into industrial yarn production (innovationintextiles.com) and http://en.three-v.com.cn/about.html for more details.
Commission Implementing Regulation (EU) 2022/977 of 22 June 2022 accepting two requests for new exporting producer treatment with regard to the definitive antidumping measures imposed on imports of high tenacity yarns of polyesters originating in the People’s Republic of China following an expiry review pursuant to Article 11(2) of Regulation (EU) 2016/1036 of the European Parliament and of the Council and amending Commission Implementing Regulation (EU) 2017/325 (OJ L 167, 24.6.2022, p. 55)..
The 14(6) database contains data on imports of products subject to anti-dumping or anti-subsidy measures or investigations, both from the countries and exporting producers concerned by the proceeding and from other third countries and other exporting producers, at the level of the 10-digit TARIC codes and TARIC additional codes.
The figures of the Chinese exporting producers subject to duties are not confidential as such. However, providing the detailed figures would indirectly reveal the precise import figures of Hailide, the exporter not subject to duties.
Commission Implementing Regulation (EU) 2021/2239 of 15 December 2021 imposing a definitive anti-dumping duty on imports of certain utility scale steel wind towers originating in the People’s Republic of China (OJ L 450, 16.12.2021, p. 59) (‘the steel wind towers case’).
Notice on the consequences of the COVID-19 outbreak on anti-dumping and anti-subsidy investigations (OJ C 86, 16.3.2020, p. 6).
World Bank Open Data – Upper Middle Income, https://data.worldbank.org/income-level/upper-middle-income.
p. 133 of 2021 Annual Report.
p. 61 of 2021 Annual Report available on https://www.kordsa.com/en/images/pdf/Kordsa_Annual_Report_EN_2021.pdf
See Kordsa_Annual_Report_EN_2021.pdf, p. 158, Note 3 -Segment reporting, a) External revenue as well as the Directory on p. 205 of the annual report.
http://www.gtis.com/gta/secure/default.cfm
http://www.macmap.org
https://data.tuik.gov.tr/Bulten/DownloadIstatistikselTablo?p=tg4QGRdNcBVDQo/mmOOyD/8g3GlHdKhwM0SMnhh4V/APyz9UrZvk0kK90vktK5jo
The labour costs are available at https://data.tuik.gov.tr/Bulten/DownloadIstatistikselTablo?p=tg4QGRdNcBVDQo/mmOOyD/8g3GlHdKhwM0SMnhh4V/APyz9UrZvk0kK90vktK5jo
https://data.tuik.gov.tr/Bulten/Index?p=Consumer-Price-Index-December-2021-45789
https://data.tuik.gov.tr/Kategori/GetKategori?p=cevre-ve-enerji-103&dil=2
https://data.tuik.gov.tr/Bulten/Index?p=Electricity-and-Natural-Gas-Prices-Period-II:-July-December,-2021-45566
https://data.tuik.gov.tr/Bulten/Index?p=Electricity-and-Natural-Gas-Prices-Period-I:-January-June,-2021-37459
http://www.gtis.com/gta/secure/default.cfm
Commission Staff Working Document on significant distortions in the economy of the Russian Federation for the purposes of trade defence investigations, 22.10.2020, SWD(2020) 242 final.
Recital (352) of the Commission Implementing Regulation (EU) 2020/1336 of 25 September 2020 imposing definitive anti-dumping duties on imports of certain polyvinyl alcohols originating in the People’s Republic of China (OJ L 315, 29.9.2020, p. 1).
European Commission, Directorate-General for Trade, Directorate G, Rue de la Loi 170, 1040 Brussels, Belgium.
Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council of 18 July 2018 on the financial rules applicable to the general budget of the Union, amending Regulations (EU) No 1296/2013, (EU) No 1301/2013, (EU) No 1303/2013, (EU) No 1304/2013, (EU) No 1309/2013, (EU) No 1316/2013, (EU) No 223/2014, (EU) No 283/2014, and Decision No 541/2014/EU and repealing Regulation (EU, Euratom) No 966/2012 (OJ L 193, 30.7.2018, p. 1).
ANNEX
Chinese cooperating exporting producers not sampled (TARIC Additional Code A977):
| Company Name | City |
|---|---|
| Fujian Billion Polymerization Fiber Technology Industrial Co., Ltd. | Jinjiang |
| Jiangsu Hengli Chemical Fibre Co., Ltd. | Suzhou |
| Jiangsu Solead New Material Group Co., Ltd. | Yixing |
| Oriental Industries (Suzhou) Ltd | Suzhou |
| Zhejiang Kingsway High-tech Fiber Co., Ltd. | Haining |
| Zhejiang Sanwei Material Technology Co., Ltd. | Taizhou |
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