Australia ending anti-dumping measures against Chinese imports benefits trade ties: spokesman

Australia's recent decision to terminate the anti-dumping measures on Chinese stainless steel sinks will help deepen the economic and trade cooperation between the two sides, leading to win-win outcomes, the Ministry of Commerce (MOC) said on Thursday.

MOC spokesman He Yadong said China has noticed that the report released by the Anti-Dumping Commission of Australia on reviewing anti-dumping and countervailing duty measures on Chinese stainless steel sinks on Oct 17.

According to the report, the relevant Australian authorities concluded that discontinuing the anti-dumping measures on Chinese stainless steel sinks would not cause ongoing harm to the domestic industry in Australia, and recommended that these measures be terminated upon their expiration on March 26, 2025.

Noting that China and Australia are important trading partners for each other, He emphasized that through joint efforts, the two sides have reached a consensus within the WTO framework to properly resolve trade disputes, and promote the steady and healthy development of bilateral economic and trade relations.

"China has been actively advocating to properly address economic and trade frictions through dialogue and consultation. We are willing to work with our trade partners including Australia in the same direction, accommodate each other's legitimate concerns, and jointly promote a fair and stable international trade environment," said He.

Australia ending anti-dumping measures against Chinese imports benefits trade ties: spokesman

Chinese Premier Li Qiang on Thursday presided over a State Council executive meeting that studied work on building a unified national market and reviewed and approved a plan for the development of a modern emergency response system during the 15th Five-Year Plan period (2026-2030).

Noting that building a unified national market is essential to advancing high-quality development, the meeting called for deepening institutional frameworks in areas such as property rights protection, market access, fair competition, social credit and market exit mechanisms.

The meeting also urged efforts to advance high-standard connectivity of market infrastructure to facilitate smooth economic circulation and effectively reduce logistics costs across society.

Emergency management is critical to protecting people's lives and property, the meeting said. It called for accelerating the development of a modern emergency response system, deepening reform and innovation in emergency management, and improving coordinated response mechanisms.

Efforts should be made to strengthen risk prevention at the source, enhance monitoring, forecasting and early warning, and accelerate a shift in governance toward proactive prevention, according to the meeting.

A draft revision of the Law on the People's Bank of China was also discussed and approved in principle at the meeting, which decided to submit the draft to the Standing Committee of the National People's Congress for deliberation.

Chinese premier chairs State Council executive meeting