Italy Pressurized EU To Extend Anti-Dumping Duties On Chinese Footwear

The EU has imposed a 16.5% anti-dumping duty on leather shoes originating in China, which will expire in October 7th. At present, the footwear industry in Italy has submitted a final review application to the European Commission, asking for an extension of anti-dumping duties on Chinese shoes.

The Guangdong shoe company, which is most affected by the lawsuit, is preparing to respond.

Cheng Yongru, director of the two export department of the Ministry of Commerce and fair trade, said in an interview with the first Financial Daily yesterday that the importance of the EU is self-evident as China's largest export market.

The EU has implemented anti-dumping duties in the past two years. China's footwear industry has undergone pformation, upgrading and adjustment of the reshuffle process. Under the background of global inflation, financial turmoil and setbacks in the Doha Round negotiations, the current situation is different from that two years ago. China and Europe should have a clear understanding of this.

In the face of the coming review, shoe enterprises should actively respond to their actions, and on the other hand, they should improve their competitiveness and enhance their competitiveness.

In July 2005, the European Union launched anti-dumping investigations involving more than $700 million in China's leather shoes products. Guangdong is the hardest hit area in the anti-dumping lawsuit, and the shoe companies in the region account for about half of the total amount involved.

With the help of Guangdong foreign trade and Economic Cooperation Department and other departments, Guangdong footwear enterprises in 2006 set up the EU's anti dumping alliance against China shoe products.

In October 7, 2006, the European Commission ended up dumping 16.5% of China's leather shoes and began to levy anti-dumping duties for a period of two years.