China may launch an anti-dumping probe on EU's grape wine export
22/08/2012 12:00
Grape wine affiliate of China Alcoholic Drinks Association (CADA) has filed an application of anti-dumping and anti-subsidy probe on EU's grape wine exporting to China.
According to Wang Zuming, the secretary general of the affiliate, averagely annual growth rate of grape wine importing from EU is 67.71 percent recent years.
"In the first quarter of this year, growth rate of grape wine imported from EU rose 23.98 percent year on year, and these EU brands have accounted for 14.76 percent of China's grape wine market, making home brands and companies lose lots of profits and large portion of market share," Wang added.
Wang said that CADA has collected evidences from open channels. And the evidences show that the EU Commission is supplying large amounts of subsidy to grape wine companies, which makes China's rivalries facing great disadvantages in the competition.
EU is the largest grape wine producing region in the world. About 16 million tons of wine can be produced annually, and exported production covers 69 percent of global demand. But according to Wang, EU has excessive capacity in grape wine production, while China's market has been growing fast these years.
The Ministry of Commerce said they have received the probe application, and will review related materials to see whether to launch an investigation.
Wu Yong, an expert in alcoholic industry said, "Obviously some foreign companies are exporting unqualified wine by white-labeling, brand cheating."
"Whether the ministry will launch the investigation is not the priority, the most important thing at the moment is to attract attention from customers and related departments to probe on quality of the imported wine," Wu added.
According to Wang Zuming, the secretary general of the affiliate, averagely annual growth rate of grape wine importing from EU is 67.71 percent recent years.
"In the first quarter of this year, growth rate of grape wine imported from EU rose 23.98 percent year on year, and these EU brands have accounted for 14.76 percent of China's grape wine market, making home brands and companies lose lots of profits and large portion of market share," Wang added.
Wang said that CADA has collected evidences from open channels. And the evidences show that the EU Commission is supplying large amounts of subsidy to grape wine companies, which makes China's rivalries facing great disadvantages in the competition.
EU is the largest grape wine producing region in the world. About 16 million tons of wine can be produced annually, and exported production covers 69 percent of global demand. But according to Wang, EU has excessive capacity in grape wine production, while China's market has been growing fast these years.
The Ministry of Commerce said they have received the probe application, and will review related materials to see whether to launch an investigation.
Wu Yong, an expert in alcoholic industry said, "Obviously some foreign companies are exporting unqualified wine by white-labeling, brand cheating."
"Whether the ministry will launch the investigation is not the priority, the most important thing at the moment is to attract attention from customers and related departments to probe on quality of the imported wine," Wu added.
August 21, 2012 5:21 PM
By June Yang
Source: morningwhistle.com
By June Yang
Source: morningwhistle.com
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