U.s. Countervailing Duty Law To China's Trade Practice Study

Since 2007, U.S. copper board imposition of countervailing duties, the U.S. began to frequent anti-subsidy law applies to China. Today, the U.S. countervailing duty law to China has become the important tool of trade sanctions.China's export trade in response to the course of U.S. anti-dumping has paid a painful lesson, but also summed up the hard-won combat experience - through case studies of international trade practice, trade disputes can be rapidly improve the response capability. In view of this, of U.S. countervailing duty case brought by the United States can respond effectively to apply the countervailing duty law to China.Case study found that U.S. anti-subsidy in the form of subsidies based on different primary subsidies involved should be offset by the following four main types: (1) prize money and goods and services the government should be offset by subsidies; (2) direct tax relief should be offset by subsidies; ( 3) indirect tax relief should be offset by subsidies; (4) export credit should be offset by subsidies. The subsidies should be offset by the practice of international trade in China many forms. For example, (1) local governments to purchase foreign-made equipment for the conditions for granting tax relief for equipment import substitution subsidies. In "Certain Magnesia Carbon Bricks from China and Mexico" in the case of U.S. Department of Commerce to identify the existence of Chinese exports should be offset by the subsidies. (2) The export performance-based export enterprises of all kinds of encouragement given to the Fund. In "Certain Tow-Behind Lawn Groomers and Parts Thereof from China" in the case of export subsidies on the existence of the above should be offset. (3) enterprises with foreign investment tax breaks. In the "PC Strand from China" was investigating the case of foreign-invested enterprises had to enjoy the subsidies. (4) The export performance of the banks or companies or specific industries of domestic special given the same conditions is lower than market interest rate loans. In "Certain Oil Country Tubular Goods From the People's Republic of China" in the case of U.S. Department of Commerce finds that Chinese companies have been on these should be offset by subsidies. (5) The export enterprises within their jurisdiction or specific industries or specific businesses better than their non-exporters of goods and services supply. In "Steel Grating from China" case to the U.S. Department of Commerce recognized the existence of Chinese exports should be offset by the subsidies.For the Chinese trade practices that should be offset by the performance of subsidies, the paper concludes its important reference for China trade, such as the strict specificity review of subsidy programs, a comprehensive information collection and collation of subsidies, offers industry-led practice, regional concessions the principle of tax incentives for the secondary, earnestly implement the 2008 "Enterprise Income Tax Law," the "four unity" principle, that the foreign uniform implementation of the Act, a unified corporate income tax rates using the new, unified and standardized way to pre-tax deduction and standards, harmonization of tax incentives, tax incentives designed to prevent sexual, strict criteria compared export credit market, clear conditions and access to credit sources.Forewarned is forearmed, without prejudging the waste. China Trade face of U.S. countervailing duty should be to make full preparations. With the continuous development of China's trade, I believe China will increasingly deal with the U.S. countervailing ease.