China made public its revised edition of anti-dumping regulations Thursday, which will go into effect on June 1.
The amendment allows the Ministry of Commerce to suspend or terminate anti-dumping investigations and not impose temporary anti-dumping measures or tariffs if the company involved agrees to raise its prices to a level that does not harm the general public.
The ministry may continue its investigation at the request of the exporter after suspending or terminating an anti-dumping investigation according to law.
The ministry may impose anti-dumping tariffs on products if the ruling of its final judgment is in favor of the dumping charges, and the dumping hurts local industry.
The regulation is comprised of 59 articles in six chapters, including general rules, dumping and damage, anti-dumping investigation, anti-dumping measures, anti-dumping tariffs, and period and reviews of price undertaking, and supplementary articles.
China promulgated its first regulations on anti-dumping in 1997.
(Xinhua News Agency April 16, 2004)
