INHALT

Commission Implementing Regulation (EU) 2021/328 of 24 February 2021 imposing a definitive countervailing duty on imports of continuous filament glass fibre products originating in the People’s Republic of China following an expiry review pursuant to Article 18 of the Regulation (EU) 2016/1037 of the European Parliament and of the Council

COMMISSION IMPLEMENTING REGULATION (EU) 2021/328
of 24 February 2021
imposing a definitive countervailing duty on imports of continuous filament glass fibre products originating in the People’s Republic of China following an expiry review pursuant to Article 18 of the Regulation (EU) 2016/1037 of the European Parliament and of the Council
1.
PROCEDURE
1.1.
Measures in force
1.2.
Initiation of an expiry review
1.3.
Review investigation period and period considered
1.4.
Interested parties
1.5.
Sampling
1.5.1.
Sampling of Union producers
1.5.2.
Sampling of unrelated importers
1.5.3.
Sampling of exporting producers in the PRC
1.6.
Questionnaire replies and verification visits
1.7.
Non-cooperation of the GOC
1.8.
Non-cooperation by the Chinese exporting producers
2.
PRODUCT UNDER REVIEW AND LIKE PRODUCT
2.1.
Product under review
2.2.
Like product
3.
SUBSIDISATION
3.1.
Introduction: Presentation of GOC plans, projects and other documents
3.2.
Subsidies and subsidy programmes within the scope of the current investigation
3.3.
Preferential financing
3.3.1.
Financial institutions providing preferential financing
3.3.2.
Preferential financing: loans
3.3.2.1. Benefit
3.3.2.2. Specificity
3.3.2.3. Conclusion
3.3.3.
Preferential financing: other types of financing
3.3.3.1. Credit lines
3.4.
Preferential insurance: export credit insurance
3.5.
Government provision of goods for less than adequate remuneration
3.5.1.
Raw materials for less than adequate remuneration
3.5.2.
Land use rights (LUR)
(a)
Legal basis
(b)
Findings of the investigation
(c)
Conclusion
(d)
Calculation of the subsidy amount
3.6.
Government revenue that was forgone or not collected
3.6.1.
Provision of electricity at reduced rates
(a)
Legal basis
(b)
Findings of the investigation
(c)
Conclusion
(d)
Calculation of the subsidy amount
3.6.2.
Tax exemption and reduction programmes
3.6.2.1. EIT privileges for High and New Technology Enterprises
(a)
Legal basis
(b)
Findings of the investigation
(c)
Calculation of the subsidy amount
3.6.2.2. EIT offset for research and development expenses
(a)
Legal basis
(b)
Findings of the investigation
(c)
Calculation of the subsidy amount
3.6.2.3. Dividends exemption between qualified resident enterprises
(a)
Legal basis
(b)
Findings of the investigation
(c)
Calculation of the subsidy amount
3.6.2.4. Land use tax exemption
(a)
Legal basis
(b)
Findings of the investigation
(c)
Conclusion
(d)
Calculation of the subsidy amount
3.7.
Conclusion on continuation of subsidisation
3.8.
Developments should measures be repealed
3.8.1.
Capacity
3.8.2.
Prices on the Union market
3.9.
Conclusion on continuation of subsidisation
4.
INJURY
4.1.
Definition of the Union industry and Union production
4.2.
Union consumption
4.3.
Imports from China
4.3.1.
Volume and market share of the imports from China
4.3.2.
Prices of imports from China
4.3.3.
Price undercutting
4.4.
Imports from other third countries
4.5.
Economic situation of the Union Industry
4.5.1.
General remarks
4.5.2.
Macroeconomic indicators
4.5.2.1. Production, production capacity and capacity utilisation
4.5.2.2. Sales volume and market share
4.5.2.3. Employment and productivity
4.5.3.
Microeconomic indicators
4.5.3.1. Prices and factors affecting prices
4.5.3.2. Labour costs
4.5.3.3. Inventories
4.5.3.4. Profitability, cash flow, investments, return on investments and ability to raise capital
4.6.
Conclusion on injury
5.
CAUSATION
6.
LIKELIHOOD OF RECURRENCE OF INJURY
6.1.
Likely price levels of imports from China in the absence of anti-subsidy measures
6.2.
Attractiveness of the Union market
6.3.
Spare capacity in China
6.4.
Likelihood of recurrence of injury
7.
UNION INTEREST
7.1.
Interest of the Union industry
7.2.
Interest of the users
7.3.
Interest of the unrelated importers
7.4.
Conclusion on Union interest
8.
COUNTERVAILING MEASURES
Article 1
Article 2