The Chinese government will continue to support domestic companies to positively respond to anti-dumping investigations overseas and defend themselves, Shen Danyang, the Ministry of Commerce spokesman, said at a regular press conference on Tuesday.
The European Commission (EC) called for an anti-dumping probe into steel products such as hot-rolled flats at the beginning of this year, according to a press release by Tiangong International Co on October 11.
Tiangong International, a Chinese high-speed steel products manufacturer, said the EC has eliminated the option to imposed "anti-dumping, anti-subsidy" duties on Tiangong International, said the Tiangong press release.
The decision is not only favorable for Tiangong International, but also for all Chinese companies exporting similar products, according to Shen.
Facing a global economic downturn as well as rising trade protectionism, more trade remedy measures are used toward Chinese exported products, said Shen.
The Chinese government hopes domestic companies can defend their own interests via laws and regulations, noted Shen.
Fourteen companies in East China's Jiang-su Province, including Tiangong International Co, were investigated under the EC probe where the enterprises concerned were liable for a maximum 22.6 percent import tax, according to Tiangong International.
The EU should avoid abusing trade remedy measures and obey WTO regulations, Shen remarked.
