国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Industries

China not encouraging mass steel exports: association

(Xinhua) Updated: 2016-05-24 16:00

BEIJING - China does not seek to boost steel exports, a Chinese association said on Tuesday in an attempt to mitigate worries that the country is dumping its steel products to ease a domestic supply glut.

China's steel exports have been rising in recent years. In 2015, Chinese firms sold 112 million tons on overseas markets, up 20 percent year on year.

"The government has adopted a series of measures to curb the trend," China Iron and Steel Association (CISA) said in a market report, citing export duties and lower tax rebate rates for some steel products.

CISA attributes the export surge mainly to increasing demand following the global economic recovery and improvement in Chinese products.

Weighed on by a slowdown in the broader economy, China's steel industry is being squeezed by serious overcapacity at home and anti-dumping investigations abroad.

More efforts have been made by the government to downsize the industry, but the situation remains challenging. Meanwhile, the United States and Europe have launched probes or imposed exorbitant tariffs on Chinese steel using methods that, China has argued, violated rules of the World Trade Organization.

CISA said it is willing to resolve trade friction but will "resolutely fight protectionism and oppose politicizing the steel trade issue."

Despite its economic woes, China remains the world's largest steel producer and consumer.

The government has shut down factories with total capacity of over 90 million tonnes in the past five years and plans to slash another 100 million to 150 million tons by 2020.

Crude steel output fell for the first time in a quarter century in last year, down 2.33 percent year on year.

Hot Topics

Editor's Picks
...
无为县| 双流县| 青海省| 长子县| 观塘区| 洛扎县| 武功县| 孝感市| 海盐县| 马公市| 赤水市| 建阳市| 塘沽区| 临桂县| 尤溪县| 连南| 中方县| 灌云县| 平凉市| 黄冈市| 任丘市| 乐山市| 东山县| 麻栗坡县| 和平县| 翼城县| 溆浦县| 裕民县| 蒙阴县| 噶尔县| 大同市| 平舆县| 白朗县| 阿荣旗| 洛宁县| 林芝县| 东丽区| 东乌珠穆沁旗| 张家港市| 普定县| 房产|