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  • The United States made the third final anti-dumping sunset review of refined brown corundum in China

    2020-01-05

    Source: China Trade Relief Information Network Time: 2020-01-02 16:05:21 On December 31, 2019, the US Department of Commerce issued a statement saying that it will make a third of Refined Brown Aluminum Oxide imported from China Final Anti-dumping Fast Sunset Review Final Ruling: Ruling that the abolition of the anti-dumping tax in this case will cause the dumping of China's products involved to continue or recur with a 135.18% dumping margin. On November 20, 2002, the United States conducted an anti-dumping investigation on refined brown corundum originating in China. On September 26, 2003, the US Department of Commerce made an affirmative final determination of anti-dumping on refined brown corundum imported from China. On October 1, 2008, the US Department of Commerce conducted the first anti-dumping sunset review investigation on refined brown corundum originating in China. On January 23, 2009, American Business Read More
  • European economy seeks stable growth in uncertainty

    2020-01-04

    Source: Economic Reference Time: 2020-01-03 10:26:08 Low industrial output, low currency inflation, low interest rates, coupled with a high degree of macroeconomic uncertainty, the European economy has experienced a difficult 2019, although The gross domestic product (GDP) of the EU is expected to maintain positive growth for the seventh consecutive year, but it is expected to be only slightly higher than the actual growth rate of 1%, which may hit the lowest level since 2014. \"The road ahead is full of challenges.\" The European Commission’s economic forecast report released in November 2019 believes that the European economy seems to be entering a period of weak long-term growth and weak inflation. Although the labor market remains strong and the unemployment rate continues to decline, the degree of support for the European economy from the external environment has been greatly reduced and uncertainty is increasing. According to the latest prediction of the European Commission, the EU economy is expected to grow by 1.4% in 2020. The European Central Bank predicts that the euro zone economy will grow by 1.1% in 2020. phase Read More
  • Italy imposes digital taxes on Internet giants, which may further exacerbate trade tensions between Europe and the United States

    2020-01-03

    Source: People's Daily Time: On January 1, 2020-01-03, Italy began to levy 3% of its cared turnover as a digital tax from large technology companies. This policy applies to digital service income in Italy with global annual income of more than 750 million euros Technology companies with more than 5.5 million euros. The Italian media estimates that this is expected to bring Italy 600 million euros in taxes every year. Some analysts believe that following the French decision to levy a digital tax in 2019, this new tax passed by the Italian parliament at the end of December last year is conducive to safeguarding the EU’s digital sovereignty, but due to opposition from the United States, it may further intensify trade between Europe and the United States Tension. For a long time, US, Internet giants such as Google, Facebook, and Amazon made huge profits in Europe, but only paid very little tax, which made Italy and other EU member countries unhappy. In March 2018, the European Commission published a legislative proposal, any EU member state Read More
  • Leading the Free Trade Port in the Free Trade Zone

    2020-01-02

    Source: Economic Reference Time: 2020-01-02 my country's opening to the outside world starts a new journey. On December 31, 2019, the full text of the \"Implementation Regulations of the Foreign Investment Law\" was published and was implemented simultaneously with several important laws and regulations such as the \"Foreign Investment Law\" and the \"Judicial Interpretation of the Foreign Investment Law\" on January 1, 2020. An important support for China's legal business environment. On this basis, my country is still brewing more measures for opening up and upgrading. \"Economic Reference News\" reporter was informed that my country will continue to reduce the negative list, add encouragement catalogs, through \"one reduction and one increase\", to further expand market access. It is worth noting that the Pilot Free Trade Zone and the Free Trade Port, as frontier positions for opening up, are accelerating the first trial of system reform and paving the way for more open measures to be explored. From the \"Foreign Investment Law\" reviewed and approved at the beginning of the year, to the mid-year release of the National Edition and the Pilot Free Trade Zone Edition, two negative lists for foreign investment access Read More
  • The actual use of foreign capital in the first 11 months was 845.9 billion yuan

    2020-01-01

    Source: People's Daily Time: 2019-12-30 Newspaper Beijing, December 29 (Reporter Wang Ke) On the 29th, the reporter learned from the Ministry of Commerce: In the first 11 months, China's actual use of foreign capital was 845.9 billion yuan, an increase of 6% ; Attracting 722 large-scale foreign-invested projects of more than US$100 million, an increase of 15.5%. Business operations are generally stable, the main indicators are stable and improving, and high-quality development has achieved new results. In terms of \"promoting consumption\", my country has introduced \"20 policies to promote consumption\". In terms of urban consumption, 36 cities were promoted to develop convenience stores and newly built and renovated more than 1,200 vegetable markets. In terms of rural consumption, we have promoted e-commerce into rural areas, and cumulatively built more than 1,700 county-level e-commerce service centers and logistics distribution centers. In addition, support the construction of 837 agricultural cold chain logistics projects. \"In the aspect of stabilizing foreign capital\", my country has improved its laws, regulations and policies, and promoted the introduction of foreign investment laws and implementation regulations, \"stabilization of foreign capital in 20 articles\" and other policies Read More
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