China Starts Early-Warning Mechanism for Damage to Fertilizer Sector

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Last updated at: (Beijing Time) Friday, June 14, 2002

China Starts Early-Warning Mechanism for Damage to Fertilizer Sector

China has officially started an early-warning mechanism to pick up industrial damage to its fertilizer sector, said the State Economic and Trade Commission Friday in Beijing.

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China has officially started an early-warning mechanism to pick up industrial damage to its fertilizer sector, said the State Economic and Trade Commission Friday in Beijing.

The "early-warning mechanism" means that the commission, by supervising the changes in the quantities and prices of key imports and exports and analyzing their influence on specific industries in China, can issue warnings of material damage or threat of damage to those industries. The findings will provide data for future investigations into alleged dumping, unfair subsidies and safeguarding measures.

China started its first early-warning mechanism in the automobile industry, at the end of 2001.

"The introduction of the mechanism for the fertilizer industry is a symbol of China's progress in giving out damage warnings before it is too late," said a commission official.

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