Spanish Government Has Implemented Forceful Measures to Tackle The Financial Crisis

"Cooperation is the key to success. " David, chief representative of Foreign Trade Bureau of Valencia Regional Government, Spain and vice president of Spanish Chamber of Commerce indicated that the Spanish government has implemented forceful measures to tackle the financial crisis in order to pro-mote the economic recovery of Spain. Influenced by the financial crisis in 2008, the economy of Spain has seen a downturn; therefore, Spain is bound to take China, a huge economy in the world, as its important partner during the process of revitalization of its industrial development. "The trade and business between China and Spain have been keeping increasing in the past several years. " EU Anti-Dumping Prevents The Exportation Of Chinese Ceramics Nowadays, the production and consumption of ceramics in Spain have suffered a strong impact due to the influence of economic crisis. As the consumption market of Spanish ceramics has further shrunk, the demand on imported ceramics has been reduced; as a result, the exportation of Chinese ceramics to Spain has suffered various obstructions. As the ceramics industry of Spain is in a downturn, EU, with the reason of protecting its own industry, starts anti-dumping against ceramics of China, which becomes an eternal pain in the mind of Chinese ceramics enterprises. According to the statistics published by ASCER on September 20, 2011, the exportation volume of Spanish ceramics in the first half of 2011 has increased 10.1% over the same period of last year and the ceramics industry takes on a trend of recovery. Nevertheless, due to the impact of economic crisis, EU, Spain’s largest exportation region has only increased 1.8%, which indicates that its demand is still weak. The anti-dumping tax rate that EU final anti-dumping ruling on Chinese ceramics products involved in the case has 5 categories: 26.3%, 29.3%, 36.5%, 30.6% and 69.7%. "It affects trade activities between China and Spain. " David said that anti-dumping did not only exert influence on Chinese ceramics exporting to Spain but also on Spanish materials and technology exporting to China. According to the statistics of Chinese Customs, as the 3rd largest export destination of Chinese ceramics, EU's export volume accounts for 8%—9.5% of the total export volume of Chinese ceramics and 10%—12% of the gross output value. Cooperation Between China And Spain Pulls Chinese Ceramics Enterprises Out Of Plight How can Chinese ceramics enterprises tackle the predicament of European market? David pointed out, "Chinese products have gradually lost their price advantage as the price difference between Chinese and Spanish products is about 20%—30%. " He said that anti-dumping affected the interests of both China and Spain and Spanish Chamber of Commerce would actively help to find a balance in such a difficult situation. It is learned that a purchasing group led by Spanish Chamber of Commerce will organize Spanish enterprises to purchase products in Foshan, China in April of this year. Spanish Chamber of Commerce has been committed to the communication between Chinese and Spanish business and government. "During 2012 we will continue promoting the Canton Fair, which undoubtedly offers a great opportunity to our companies. " David said, "Many Chinese visitors have confirmed that they would attend CEVISAMA, which will further strength the communication and cooperation between Chinese and Spanish enterprises and associations and will be helpful to solve the EU anti-dumping issue. " David also offered several suggestions for ceramics enterprises that were going to export to the market of EU. He thought that those new ex-porters which needed to export ceramics to European market might apply to European governments for examination and survey, which would not cost more than 9 months, usually 4—5 months; if approved, new ex-porters could get a relatively low tax rate—30.6%. "For those Chinese ceramics enterprises which desire to open up foreign markets, they must rethink the price of their products, seek more opportunities to cooperate with the local enterprises of Europe, and promote additional value of their products from such aspects as design and process." Source: fstcb.com