By CFM , 2016-05-23 11:16:37
In 2007, EU registered and investigated the anti-dumping case against the steel fasteners from China. The involved value of China was 760 million USD and the involved value of Jiaxing City was 97 million USD, which involved 90 production and trade enterprises of fastener.
Recently, EU Commission decided to cancel the anti-dumping measurement against China Fastener. This case became the first case which gained complete victory with using WTO DSB ( Dispute Settlement Mechanism) to fight against EU.
There were three reasons for Jiaxing City to promote the victory of anti-dumping case.
First one was the guidance of Government Departments. As a main area that involved with the case, Jiaxing City positively looked for the lawyers and experts to do the suit instruction and made lawsuit strategy.
Second one was that Jiaxing Industry Association positively accepted the challenge. Jiaxing Industry Association formed a work group to make lobbying defense without damage.
Third one was the unity of fastener industries. Twenty-four involved fastener enterprises positively responded to the lawsuits jointly. Some relevant enterprises made active transformation and increase the science and technology input. In the meanwhile, they expanded the domestic market and developed the market in emerging countries to disperse the export risks. EU’s proportion of fastener export of Jiaxing City reduced from 33.38% in 2008 to 7.87% in 2015.
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