natgillin/translations-raw huggingface dataset:
Kommissionen måtte derfor gøre brug af de foreliggende faktiske oplysninger.
Consequently, the Commission had to use the information available.
Den konkluderede ud fra de tilgængelige oplysninger og tal, at disse banker er under statens kontrol og udøver statslige beføjelser på en sådan måde, at de kan henføres til staten.
It concluded on the basis of the available data that those banks are controlled by the government and exercise government authority in a manner that their actions can be attributed to the State.
De tal, der blev lagt til grund for ovenstående konklusioner, er udledt af oplysninger indsendt af GOC, årsberetninger fra kinesiske banker, der enten blev indsendt af GOC eller var offentligt tilgængelige, oplysninger fra Deutsche Bank Research om Kinas banksektor fra 2006, oplysninger indsendt af de samarbejdsvillige eksporterende producenter og oplysninger, som er indeholdt i klagen.
The relevant data used in order to arrive at the aforesaid findings is derived from information submitted by the GOC, the annual reports of Chinese banks that were either submitted from GOC or publicly available, information retrieved from the 2006 Deutsche Bank Research on China's banking sector, information submitted from the co-operating exporting producers and information existing in the complaint.
Uafhængige kilder vurderer, at de udenlandske banker udgør en mindre del af den kinesiske banksektor og dermed spiller en ubetydelig rolle i udlånsaktiviteten, og relevante oplysninger antyder, at deres andel kan være så beskeden som 1 % af det kinesiske marked [6].
As for foreign banks, independent sources estimate that they represent a minor part of the Chinese banking sector and consequently play an insignificant role in policy lending; with relevant information suggesting that this may represent as little as 1 % of the Chinese market [6].
Relevante offentligt tilgængelige oplysninger bekræfter også, at de kinesiske banker, og især de store forretningsbanker, stadig er afhængige af statsejede aktionærer og regeringen, hvad angår forhøjelse af egenkapitalen, når kapitalgrundlaget er utilstrækkeligt som følge af en kreditudvidelse [7].
Relevant public available information also confirms that Chinese banks, particularly the large commercial banks, still rely on state-owned shareholders and the government for replenishment of capital when there is a lack of capital adequacy as result of credit expansion [7].
De banker, der ydede lån til de samarbejdsvillige eksporterende producenter, er overvejende statsejede banker.
With respect to the banks that provided loans to the co-operating exporting producers, the great majority are state-owned banks.
Ud fra de foreliggende oplysninger blev det nemlig konstateret, at mindst 13 ud af de 19 indberettede banker er statsejede banker, herunder to politisk styrede banker (Export-Import Bank of China, the China Development Bank) og de største forretningsbanker i Kina såsom Agricultural Bank of China, Bank of China, China Construction Bank og Industrial and Commercial Bank of China.Hvad angår de resterende statsejede banker, anmodede Kommissionen om de samme oplysninger som ovenfor vedrørende statslig kontrol og varetagelse af statslige politikker eller interesser i forbindelse med papirindustrien.
Indeed on the basis of the available information it was found that at least 13 out of the 19 reported banks are state-owned banks, including two Policy banks (Export-Import Bank of China, the China Development Bank) and the major Commercial banks in China like Agricultural Bank of China, Bank of China, China Construction Bank and Industrial and Commercial Bank of China.With respect to the remaining state-owned banks, again the Commission requested the same information mentioned above concerning the government control and the pursuit of government policies or interests with respect to the Papermaking industry.
Igen blev der ikke fremlagt detaljerede oplysninger bortset fra en gentagen påstand om at finde oplysningerne i de relevante årsrapporter fra bankerne, som for hovedparten kun blev fremlagt på kinesisk uden oversættelse til engelsk.
Again, no such detailed information was provided apart from a repeated claim to refer to information in the relevant Annual reports of the banks which in the majority of cases was only in Chinese and without any English translation.
Oplysningerne i bankernes årsrapporter kan dog ikke indeholde de ønskede detaljerede oplysninger.
However, information in the Annual reports of banks cannot provide the required level of detailed information.
Hvad angår de politisk styrede banker fastslog undersøgelsen, at der ikke findes klare regler for deres rolle og deres forhold til staten.
With respect to the Policy banks, the investigation established that there are no clear legal provisions regulating their role and their relationship with the government.
Ifølge GOC's udtalelser under kontrolbesøget støttede de politisk styrede banker imidlertid tilsyneladende de statslige politikker i Kina og opererer ikke med fortjeneste for øje.
Nonetheless, according to statements made by the GOC during the on-the-spot verification it appears that Policy banks supported government policies in China and are not operating for profit.
Ovenstående konklusioner bekræfter, at de fire banker er under statens kontrol og udøver statslige beføjelser på en sådan måde, at de kan henføres til staten.
All the above points confirm that the four banks are controlled by the government and exercise government authority in a manner that their actions can be attributed to the State.
Kommissionen søgte endvidere at undersøge forskellen mellem politisk styrede banker (iflg. de foreliggende oplysninger er der tale om the Export-Import Bank of China, the China Development Bank og the Agricultural Development Bank of China) og statsejede forretningsbanker.
The Commission also sought to investigate the difference between the Policy banks (according to available information these are the Export-Import Bank of China, the China Development Bank and the Agricultural Development Bank of China) and State Owned Commercial banks.
Kommissionen anmodede om uddybninger vedrørende de to former for finansielle institutioner.
The Commission requested clarifications on these two different types of financial institutions.
GOC påstod, at der for politisk styrede banker ikke findes nedfældede retsregler, der regulerer denne sektor, idet regeringen er i færd med at udarbejde en lov om politisk styrede banker.
The GOC submitted that the Policy banks do not have any written legal provisions regulating their sector, given that the Chinese authorities are currently drafting a law on Policy banks.
Det blev endvidere påstået, at en politisk styret bank (nemlig China Development Bank) ikke skulle betragtes som en politisk styret bank, idet den er blevet et aktieselskab og befinder sig i en overgangsperiode.
It was also argued that one Policy bank (namely the China Development Bank) should not be considered as a Policy bank since it has become a shareholding company and is in a transitional period.
De fremlagte oplysninger bekræfter, at politisk styrede banker behandles anderledes end statsejede forretningsbanker.
Information submitted confirms that policy banks are treated differently to State Owned Commercial banks.
Selv om der mangler regler for de politisk styrede banker eller for, hvordan disse banker optræder på det kinesiske finansmarked, fremgår det udtrykkeligt af cirkulærer fra den kinesiske nationalbank, at politisk styrede banker har en særlig status i forhold til statsejede forretningsbanker.
Despite the lack of any rules governing the Policy banks sector or the way these banks act in the Chinese financial market, it appears from the PBOC circulars, where they are mentioned explicitly, that Policy banks have a special status as compared to the State Owned Commercial banks.
Hvad angår China Development Bank's status, ejer den kinesiske stat (via det kinesiske finansministerium) over 50 % af bankens aktier, og bankens overgang til et aktieselskab ændrer således intet i forhold til den statslige kontrol.
As to the status of the China Development Bank, the Chinese State (through the Chinese Ministry of Finance) holds more than 50 % of the bank's shares and thus its transformation into a share-holding company has no impact on the government control.
Et andet forhold, der skaber fordrejninger på det kinesiske finansmarked, er den kinesiske nationalbanks rolle i forbindelse med fastsættelsen af særlige begrænsninger for rentefastsættelse og renteudsving.
Another factor that creates a distortion on the Chinese financial market is the role played by the PBOC in setting the specific limits on the way interest rates are set and fluctuate.
Undersøgelsen fastslog nemlig, at Kinas nationalbank har særlige regler for, hvordan renterne svinger i Kina.
Indeed, the investigation established that the PBOC has specific rules regulating the way interest rates float in China.
Ifølge de tilgængelige oplysninger er disse regler fastsat i den kinesiske nationalbanks Circular on the Issues about the Adjusting Interest Rates on Deposits and Loans-Yinfa (2004) No 251 (»Cirkulære 251«).
According to the information available, these rules are set out in the PBOC's Circular on the Issues about the Adjusting Interest Rates on Deposits and Loans-Yinfa (2004) No 251 (‘Circular 251’).
De finansielle institutioner anmodes om at indrømme rentesatser inden for et vist interval i forhold til den kinesiske nationalbanks referencerentesats.
Financial institutions are requested to provide loan rates within a certain range of the benchmark loan interest rate of the PBOC.
For lån fra forretningsbanker og politisk styrede banker, der forvaltes kommercielt, er der ingen øvre intervalgrænse, men kun en nedre intervalgrænse.
For commercial bank loans and policy bank loans managed commercially there is no upper limit range but only a lower limit range.
For kreditkooperativer i byerne og i landområder er der både øvre og nedre intervalgrænser.
For urban credit cooperatives and rural credit cooperatives there are both upper and lower limit ranges.
For begunstigede lån og lån, for hvilke statsrådet har fastsat særlige regler, kan rentesatserne ikke bevæge sig opad.
For preferential loans and loans for which the State Council has specific regulations the interest rates do not float upwards.
Kommissionen anmodede GOC om at uddybe definitionen og ordlyden i Cirkulære 251 og i den tidligere lovgivning (Circular of PBOC concerning expansion of Financial Institution's Loan Interest Rate Float Range – YinFa [2003] No. 250).
The Commission sought clarifications from the GOC on the definition and wording stated in the Circular 251 as well as to its preceding legislation (Circular of PBOC concerning expansion of Financial Institution's Loan Interest Rate Float Range – YinFa [2003] No. 250).
GOC forklarede, at disse cirkulærer indgår i den nye udbredelse af rentesatserne i Kina, men gav ingen yderligere forklaringer.
The GOC explained that those Circulars formed part of the marketization reform of interest rates in China but gave no further explanation.
GOC blev også bedt om at definere begunstigede lån og andre lån, som er fastsat af statsrådet.
The GOC was also asked to explain what are the preferential loans and other loans specified by the State Council.
GOC påstod, at ordlyden i den pågældende kinesiske tekst vedrører en formodning om andre lån, som er fastsat af statsrådet.
GOC argued that the wording of the relevant Chinese text refers to an assumption of other loans specified by the State Council.
GOC fremkom ikke med andre forklaringer eller anden dokumentation for, hvorfor begunstigede lån er defineret i den kinesiske lovgivning.
No other explanation or relevant documentation was provided by the GOC to explain why preferential loans are defined in the Chinese legislation.
Vedrørende den anden type lån er det, selv om man godtager GOC's argumenter, stadig uklart, hvorfor den lovgivende myndighed så sig nødsaget til at indføre muligheden for andre lån, som er fastsat af statsrådet.
As to the other types of loan, even if one accepts the argument of the GOC, it is unclear why the legislator felt it necessary to introduce the possibility of other loans set out by the State Council.
Kommissionen anmodede også om uddybninger vedrørende politiske styrede lån, som forvaltes kommercielt, i henhold til Cirkulære 251.
The Commission also requested clarifications on the existence of policy loans managed commercially, as mentioned in Circular 251.
GOC uddybede ikke dette spørgsmål og fremsendte ingen dokumentation.
No explanation or any evidence was provided by the GOC on this matter.
GOC blev desuden anmodet om at fremlægge opdateringer eller efterfølgende lovgivning vedrørende førnævnte cirkulærer angående forretningsbankers og politisk styrede bankers lånepolitik, men disse oplysninger blev ikke fremlagt.
The GOC was also requested to provide any updates or subsequent legislation issued on the aforesaid Circulars in relation to the loan policy of commercial and policy banks but no such information was provided.
Endelig skal det bemærkes, at GOC ikke fremlagde andre tal eller statistikker vedrørende strukturen i det kinesiske banksystem.
Finally it is noted that no other data or statistics concerning the structure of the Chinese banking system was provided by the GOC.
Ud fra ovenstående oplysninger i betragtning 74-88 og i betragtning af den manglende kinesiske samarbejdsvilje (og i lyset af konklusionerne i betragtning 90) konkluderer Kommissionen, at finansmarkedet i Kina fordrejes af statslig indgriben, og de ikke statsejede bankers og andre finansielle institutioners rentesatser vil sandsynligvis blive tilpasset de statslige rentesatser.
On the basis of recitals (74) to (88) above and taking account of the lack of Chinese cooperation (and in the light of the considerations in recital (90) below), the Commission concludes that, the financing market in China is distorted by government intervention and interest rates charged by non-government banks and other financial institutions are likely to be aligned with government rates.
De ikke statsejede bankers og andre finansielle institutioners rentesatser kan derfor ikke betragtes som egnede kommercielle referencerenter, når det skal afgøres, om de statslige lån medfører en fordel.
Therefore, the interest rates charged by non-governmental banks and other financial institutions cannot be considered as appropriate commercial benchmarks when determining whether government loans confer a benefit.
Finansielt bidrag
Financial Contribution
Ud fra det samlede bevismateriale blev det desuden konkluderet, at langt hovedparten af lånene til de to samarbejdsvillige producenter blev givet af politisk styrede eller andre statsejede banker, der betragtes som offentlige organer som følge af deres nære relationer med staten.
Furthermore, having regard to the totality of the evidence, it is concluded that the vast majority of loans to the two co-operating producers are provided by policy or other state-owned banks which are considered to be public bodies because of their close relationship to the government.
De er mere end 50 % statsejede og betragtes altså som værende under statens kontrol.
They are more than 50 % state-owned and are thus considered controlled by the government.
Der er desuden supplerende bevis for, at disse banker udøver statslige beføjelser, hvilket fremgår af betragtning 65, idet der er tydelig statslig indgriben (den kinesiske nationalbank) i forretningsbankernes beslutninger vedrørende rentesatser til lån, som ydes til kinesiske virksomheder, mens andre virksomheder, jf. betragtning 83, nærmest automatisk blev indrømmet den lavest mulige rentesats inden for de rammer, som staten har fastsat.
There is further evidence that these banks effectively exercise government authority since as it is explained in recital (65) there is a clear intervention by the State (i.e. PBOC) in the way commercial banks take decisions on interest rates for loans granted to Chinese companies while in some cases as explained in recital (83) companies were attributed quasi automatically the lowest possible rate within the limits set by the State.
Under disse omstændigheder kontrolleres disse enheders lånepraksis direkte af staten.
In these circumstances, the lending practices of these entities are directly attributable to the government.
Det forhold, at bankerne udøver statslige beføjelser, bekræftes også af forholdet mellem 2007-planen for papirindustrien, beslutning nr. 40 og artikel 34 i loven om forretningsbanker og opfyldelsen af regeringens industripolitik (jf. betragtning 74-81).
The fact that banks exercise government authority is also confirmed by the way the 2007 Papermaking Plan, Decision 40 and Article 34 of the Law on Commercial Banks act with respect to the fulfilment of the government industrial policies (see recitals (74) to (81) above).
Der foreligger også en del indirekte beviser, der støttes af objektive studier og rapporter, for at staten i vidt omfang stadig griber ind i det kinesiske finanssystem (jf. betragtning 312).
There is also a great deal of circumstantial evidence, supported by objective studies and reports, that a large amount of government intervention is still present in the Chinese financial system (see recital (312) below).
Endelig fremlagde Kina ikke oplysninger, der kunne have givet en bedre forståelse af forholdet mellem de statsejede banker og staten (jf. betragtning 68-70 og 84-86). Kommissionen konkluderer således, at der i forbindelse med lån fra politisk styrede ellers statsejede banker ydes et finansielt bidrag til producenter af coated finpapir i form af en direkte overførsel af midler fra staten, jf. grundforordningens artikel 3, stk. 1, litra a), nr. i).
Finally, China failed to provide information which would have enabled a greater understanding of the state-owned banks’ relationship with government (see recitals (68) to (70) and recital (84) to (86) above) Thus, in the case of loans provided by policy or other state-owned banks, the Commission concludes that there is a financial contribution to the coated paper producers in the form of a direct transfer of funds from the government within the meaning of Article 3(1)(a)(i) of the basic Regulation.
Der indrømmes en fordel, jf. grundforordningens artikel 3, stk. 2 og artikel 6, litra b), i de tilfælde, hvor de statslige lån indrømmes på mere favorable betingelser end modtageren normalt ville kunne opnå på markedet.
There is a benefit according to Articles 3(2) and 6(b) of the basic Regulation to the extent that the government loans are granted on terms more favourable than the recipient could actually obtain on the market.
Det er konstateret, at de ikke statslige lån i Kina ikke er en egnet markedsreference, og derfor er denne blevet beregnet ud fra den metoden i betragtning 96-102 nedenfor.
Since it has been established that non-government loans in China do not provide an appropriate market benchmark, this has been constructed using the method described in recitals (96) to (102) below.
GOC blev bedt om at fremlægge oplysninger om berettigelseskriterierne for at opnå dette subsidie og om brugen af dette subsidie med henblik på at fastslå, i hvilket omfang subsidiet er begrænset til visse virksomheder, og om det er specifikt, jf. grundforordningens artikel 4.
The GOC was asked to provide information on the eligibility criteria for obtaining this subsidy and on the use of the subsidy, in order to determine the extent to which access to the subsidy is limited to certain enterprises and whether it is specific according to Article 4 of the basic Regulation.
GOC fremlagde ikke disse oplysninger.
The GOC provided no such information.
Enhver afgørelse om specificitet skal iflg. grundforordningens artikel 4, stk. 5, »klart dokumenteres« ud fra positivt bevismateriale, og Kommissionen måtte derfor træffe afgørelse på grundlag af de foreliggende faktiske oplysninger, jf. grundforordningens artikel 28.
The Commission, mindful of the requirement of Article 4(5) of the basic Regulation that any determination of specificity shall be ‘clearly substantiated’ on the basis of positive evidence, therefore had to base its findings on the facts available in accordance with Article 28 of the basic Regulation.
Det skal bemærkes, at det af artikel 28, stk. 6, fremgår, at »er en berørt part ikke rede til at samarbejde i fornødent omfang, således at relevante oplysninger holdes tilbage, kan en sådan situation føre til et resultat, som er mindre gunstigt for denne part, end hvis den pågældende havde udvist samarbejdsvilje«.
It is noted that Article 28(6) states that ‘If an interested party does not cooperate, or cooperates only partially, so that relevant information is thereby withheld, the result may be less favourable to the party than if it had co-operated’.
De faktiske oplysninger, der blev taget i betragtning, er:
The facts considered included the following:
Klagerens beviser for specificitet.
The evidence of specificity submitted by the complainant.
Undersøgelsens resultater (se betragtning 77 og 78), som viser, at der kanaliseres specifikke subsidier til papirindustrien ved hjælp af en specifik sektorplan, nemlig planen for papirindustrien.
The findings (see recitals (77) and (78)) that specific subsidies are channelled to the papermaking industry through a specific sectoral plan i.e. the Papermaking Plan.
Beviser (se betragtning 76) for, at papirindustrien er en »tilskyndet industri« (beslutning nr. 40).
The evidence (see recital (76)) that the papermaking industry is an ‘encouraged industry’ (Decision No. 40).
Bestemmelserne i artikel 34 i lov om forretningsbanker [2003] nr. 13 (jf. betragtning 79), hvoraf det fremgår, at forretningsbanker baserer deres udlånsvirksomhed på nationaløkonomien og den sociale udviklings behov og i tråd med den statslige industripolitik, altså i dette tilfælde planen for papirindustrien.
The provisions of Article 34 of the Law on Commercial Banks [2003] No. 13 (see recital (79)) stipulating that commercial banks shall carry out their loan business upon the needs of the national economy and the social development and in the spirit of the state industrial policies i.e. in this particular case in the spirit of the Papermaking Plan.
Konklusionerne (i betragtning 81) om, at det kinesiske statslige plansystem giver bankerne ordre om at yde lån til papirindustrien, og virksomhederne betragtes som værende af høj kreditvurdering, idet de er berettigede til at indgå i specifikke politiske planer.
The findings (see recital (81)) that the Chinese state planning system directs banks to provide loans to the papermaking industry and companies are considered of high credit rating because they qualify for specific policy plans.
Ud fra ovenstående, og da GOC ikke samarbejdede, indikerer de foreliggende faktiske oplysninger, at der ikke er generel adgang til de subsidier, der indrømmes papirindustrien, og at de derfor er specifikke, jf. grundforordningens artikel 4, stk. 2, litra a).
In the light of the above, and in the absence of any cooperation by the GOC, the available evidence indicates that subsidies granted to companies in the paper industry are not generally available and are therefore specific under Article 4(2)(a) of the basic Regulation.
I lyset af den kinesiske regerings manglende samarbejdsvilje er der ingen beviser for, at subsidiet er baseret på objektive kriterier eller betingelser, jf. grundforordningens artikel 4, stk. 2, litra b).
In the light of the GOC's non-cooperation, there is nothing to suggest that eligibility for the subsidy is based on objective criteria or conditions under Article 4(2)(b) of the basic Regulation.
I overensstemmelse hermed bør finansieringen af papirindustrien betragtes som et subsidie.
Accordingly, the financing of the papermaking industry should be considered a subsidy.
Da der er tale om et finansielt bidrag, en fordel for eksporterende producenter og specificitet, bør dette subsidie betragtes som udligningsberettiget.
In view of the existence of a financial contribution, a benefit to the exporting producers and specificity, this subsidy should be considered countervailable.