Glyphosate is the largest single product in China's pesticide industry, earning around US$150 million annually. Zhejiang Xin'an Chemical Industry Co., Ltd. is the largest producer and exporter of glyphosate in China.
being targeted. Since 1995, three major domestic glyphosate manufacturers and exporters, including Xinan Chemical, have received anti-dumping, anti-circumvention, and anti-absorption investigations and sunset reviews from the US Monsanto Company, the European Union, Argentina, and Australia. As a result, glyphosate has become one of the chemical products that have encountered the most anti-dumping and technical barriers in China and are most affected.
Foreign trade of Chinese chemical products, including glyphosate, is undoubtedly the hardest-hit area that has encountered global anti-dumping and technical trade barriers in recent years. It is labor-intensive and wins by its price advantage, and its trade surplus accounts for about half or even half of the country's total trade surplus. The pesticides, dyes, auxiliaries, textiles, chemical raw material medicines, pharmaceutical intermediates, and shoe leather products manufactured by “Zhejiang Manufacturers†have become the target of criticism in foreign markets and have frequently been subjected to anti-dumping investigations in countries such as the United States and the European Union. Trade protection and technical barriers.
According to Jin Yonghui, deputy director of the Department of Foreign Trade and Economic Cooperation of Zhejiang Province, Zhejiang's foreign trade is expected to exceed 70 billion U.S. dollars this year, with an average annual growth of over 30%. In Zhejiang's foreign trade, the private economy is very active. Last year, the export value of private enterprises in Zhejiang reached US$23.816 billion. By the end of August this year, the province had acquired 18,800 qualified enterprises for import and export operations. Almost all petroleum and chemical companies above the scale have self-support import and export rights. Private enterprises and small and medium-sized enterprises have become the main body of Zhejiang's export operations and the new growth point of Zhejiang's foreign trade exports. At the same time, they have also brought a severe test to Zhejiang's foreign trade operation order.
According to reports, from 2002 to August this year, Zhejiang has encountered trade frictions such as anti-dumping, anti-subsidy, safeguard measures, special safeguard measures, special textile products, and 337 investigations filed by 18 countries including the United States, the European Union, Turkey, India, and Australia. The case involved 116 cases involving direct involvement of 2.8 billion U.S. dollars, which accounted for about 1/3 and 1/4 of the country's total. Regardless of the total amount, the types of cases involved, the amount involved, Zhejiang is already the number one province in international trade friction.
In order to regulate the international trade order and avoid risks, Jin Yonghui, deputy director of Zhejiang Foreign Trade and Economic Cooperation Department, officially announced on September 26 this year that the "Administrative Measures on Anti-dumping Exports of Zhejiang Province" was included in the 2005 government regulations and projects. At the same time, Zhejiang has taken the lead in setting up a fair trade work agency in the country to specifically direct and guide the province's international trade friction response work. The anti-dumping legal talent training project has also started. The first hundred anti-dumping legal talent training courses were successfully held in Hangzhou on September 26. This indicates that Zhejiang Province has become the first province to actively promote export anti-dumping local legislative work. A province that actively promotes the standardized management of information and data statistics in international trade friction cases such as “two counters and one guaranteeâ€.
According to reports, Zhejiang is also targeting key markets for exports of European and American products in Zhejiang, and the province will strengthen the dynamic tracking and evaluation of sensitive products. At present, Zhejiang has established dynamic tracking and evaluation of 100 key export products, including chemical products, and 261 sensitive products, and set up information points and detection points for enterprises with exports exceeding US$100 million, thereby establishing and perfecting the early warning mechanism for foreign trade. At the same time, Zhejiang Province is actively transforming the growth mode of foreign trade, accelerating overseas investment, and reducing import and export trade frictions.
being targeted. Since 1995, three major domestic glyphosate manufacturers and exporters, including Xinan Chemical, have received anti-dumping, anti-circumvention, and anti-absorption investigations and sunset reviews from the US Monsanto Company, the European Union, Argentina, and Australia. As a result, glyphosate has become one of the chemical products that have encountered the most anti-dumping and technical barriers in China and are most affected.
Foreign trade of Chinese chemical products, including glyphosate, is undoubtedly the hardest-hit area that has encountered global anti-dumping and technical trade barriers in recent years. It is labor-intensive and wins by its price advantage, and its trade surplus accounts for about half or even half of the country's total trade surplus. The pesticides, dyes, auxiliaries, textiles, chemical raw material medicines, pharmaceutical intermediates, and shoe leather products manufactured by “Zhejiang Manufacturers†have become the target of criticism in foreign markets and have frequently been subjected to anti-dumping investigations in countries such as the United States and the European Union. Trade protection and technical barriers.
According to Jin Yonghui, deputy director of the Department of Foreign Trade and Economic Cooperation of Zhejiang Province, Zhejiang's foreign trade is expected to exceed 70 billion U.S. dollars this year, with an average annual growth of over 30%. In Zhejiang's foreign trade, the private economy is very active. Last year, the export value of private enterprises in Zhejiang reached US$23.816 billion. By the end of August this year, the province had acquired 18,800 qualified enterprises for import and export operations. Almost all petroleum and chemical companies above the scale have self-support import and export rights. Private enterprises and small and medium-sized enterprises have become the main body of Zhejiang's export operations and the new growth point of Zhejiang's foreign trade exports. At the same time, they have also brought a severe test to Zhejiang's foreign trade operation order.
According to reports, from 2002 to August this year, Zhejiang has encountered trade frictions such as anti-dumping, anti-subsidy, safeguard measures, special safeguard measures, special textile products, and 337 investigations filed by 18 countries including the United States, the European Union, Turkey, India, and Australia. The case involved 116 cases involving direct involvement of 2.8 billion U.S. dollars, which accounted for about 1/3 and 1/4 of the country's total. Regardless of the total amount, the types of cases involved, the amount involved, Zhejiang is already the number one province in international trade friction.
In order to regulate the international trade order and avoid risks, Jin Yonghui, deputy director of Zhejiang Foreign Trade and Economic Cooperation Department, officially announced on September 26 this year that the "Administrative Measures on Anti-dumping Exports of Zhejiang Province" was included in the 2005 government regulations and projects. At the same time, Zhejiang has taken the lead in setting up a fair trade work agency in the country to specifically direct and guide the province's international trade friction response work. The anti-dumping legal talent training project has also started. The first hundred anti-dumping legal talent training courses were successfully held in Hangzhou on September 26. This indicates that Zhejiang Province has become the first province to actively promote export anti-dumping local legislative work. A province that actively promotes the standardized management of information and data statistics in international trade friction cases such as “two counters and one guaranteeâ€.
According to reports, Zhejiang is also targeting key markets for exports of European and American products in Zhejiang, and the province will strengthen the dynamic tracking and evaluation of sensitive products. At present, Zhejiang has established dynamic tracking and evaluation of 100 key export products, including chemical products, and 261 sensitive products, and set up information points and detection points for enterprises with exports exceeding US$100 million, thereby establishing and perfecting the early warning mechanism for foreign trade. At the same time, Zhejiang Province is actively transforming the growth mode of foreign trade, accelerating overseas investment, and reducing import and export trade frictions.
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