Commodity Trade Leads

; Now China’s foreign trade restrictions on steel imports of the main policies include:? limited registration, the designated operational, the “middle jacking”, export-promotion policies are: export-tax rebates, preferential loans The management of state departments that. in order to adapt to the future accession to WTO requirements, this policy will be adjusted or canceled.

?? The source analysis, limited registration may be canceled during the year. According to WTO rules that allow member states for their own products, imports, automatic registration in order to monitor imports and exports, but are not allowed to quantitative restrictions on imports. As early as 1992, China had promised to abolish quotas and licenses steel products, Europe , the United States, Japan, Korea and other countries on China’s limited registration policy currently in force is very sensitive to the authorities Repeatedly questioned. According to to authoritative experts predicted that, if China this year to join the WTO, this measure will change.

?? The source also pointed out that after the abolition of the designated operational expertise to control the import into on urgent task. According to commitments, China will join the WTO five years , finished iron and steel enterprises cancellation of the designated operational, that is, by 2005 all foreign trade enterprises can operate the right to operate the steel trade. The designated operational control of iron and steel products in China has an effective means of imports, after The removal will adopt administrative measures to control imports more difficult. five years after the WTO should seize the time trying to use market means to control the import, Ensure that after the abolition of the designated operational control of China’s steel trade Buzhi Yu. < br />
According to industry pointed out that the “middle jacking” the current approach are:? iron and steel enterprises will be approved steel sold to export processing enterprises will be exempt from value-added tax of 17%. Such a policy would ease the contradiction between supply and demand in the marketplace and improve the variety, quality, enhance the competitiveness of enterprises, increase enterprise efficiency is undoubtedly of great significance.

???? of view of the policy is not a clear violation of WTO rules, but in essence it is an import-substitution policies, laws and regulations are a “gray area”, once the accession to WTO will certainly be challenged by other member states. Therefore, the iron and steel enterprises should take advantage of this rare opportunity, as soon as possible to improve product quality, and Actively develop new markets, improve after-sales service, improve the international competitiveness of enterprises to strive for long-term occupation in this area.