Facing The Trade Friction, Shandong Enterprises Need To Respond Positively.

The Commerce Department of Shandong Province recently released the situation of trade friction in the first half of the year.

1~6 months, Shandong products suffered 25 foreign trade relief investigations, including 18 anti-dumping cases, 4 countervailing measures, 1 safeguard measures and 2 special safeguard measures. The amount involved was 450 million US dollars, down 37.8% compared with the same period last year; 378 enterprises involved in the case dropped by 33.6%.

In the first half of the year, Shandong's dominant steel and products, chemical industry and textile industry were affected by trade.

The most concentrated case involved the total amount of $370 million, accounting for 82.2% of the total amount involved.

It is worth noting that the Latin American countries launched the first intensive trade relief survey in China. Only in June, Shandong's products suffered 6 anti-dumping investigations from Brazil, Argentina, Columbia and Peru, accounting for 66.7% of the June cases.

Among them, Peru launched an anti-dumping investigation on my costume and accessories, involving 276 products tax numbers in China.

Xia Zhilin, President of Shandong Textile Industry Association, pointed out that in the first half of this year, Shandong textile and apparel exported a total of US $9 billion, while in the first half of the year, the total amount of products involved in steel and products, chemical industry and textile and clothing was 370 million US dollars, of which the share of textile and clothing was relatively small.

Xia Zhilin said that Shandong's textile and clothing export market was followed by Japan, the United States, the European Union, South Korea and other emerging markets.

In view of the trade relief investigation initiated by the United States, the European Union and other Latin American countries, textile and garment enterprises should strive to improve product grades on the basis of continuing to develop the market, while actively developing other emerging markets while stabilizing the original market.

In developing new product varieties, enterprises should have strategic choices so as not to fall into a passive situation.