Laws of the People's Republic of China

The Ministry of Commerce

Announcement [2005] No.18 of the Ministry of Commerce Ministry of Commerce Announced Its Interim Review Decision on the Anti-dumping Measures Applied to Imported PET Chips (poly ethylene terephthalate) Originating from HYOSUNG Corporation in ROK.

[2005] No.18

In accordance with Anti-dumping Regulations of People's Republic of China and Interim Review Temporary Regulations on Dumping and Dumping Margin, Ministry of Commerce issued Announcement No.18, 2004 on April 26 last year to start a Dumping and Dumping Margin Interim Review on the anti-dumping measures applied to imported PET Chips (poly ethylene terephthalate) originating from HYOSUNG Corporation in ROK.

The investigated products in the Interim Review, namely PET Chips (poly ethylene terephthalate), are consistent with those in the anti-dumping investigation. The investigated products are listed under No. 39076011 and 39076019 in Import and Export Tariffs of General Administration of Customs of PRC (2005).

On the basis of the Interim Review, Ministry of Commerce raised, to the State Council, suggestions on amending the anti-dumping duty rate. The arbitration of the Interim Review is as follows:

The anti-dumping duty rate applied to PET Chips originating from HYOSUNG Corporation in ROK shall be adjusted to 26%, which shall be carried out as of April 26, 2005 by General Administration of Customs of PRC.

Importers shall, while importing PET Chips originating from HYOSUNG Corporation, pay relevant anti-dumping duties to General Administration of Customs of PRC. Anti-dumping Duty= Customs Tax Payment Price * Anti-dumping Duty Rate.

The relevant interested parties, disagreed with the final arbitration or the levy of the anti-dumping duties, could apply for an administrative reconsideration or lawsuit in accordance with Article 53 of Anti-dumping Regulations of People's Republic of China.

Appendix: Ministry of Commerce Interim Review Arbitration on Anti-dumping Measures Applied to PET Chips originating from HYOSUNG Corporation in ROK. (Omitted)

Ministry of Commerce

April 25, 2005