natgillin/translations-raw huggingface dataset:
Ifølge ICBC's vedtægter, indkalder bestyrelsen bl.a. til generalforsamling, træffer beslutninger om bankens forretningsstrategi og budget, træffer beslutninger om investeringer (og fusion) og om afskedigelser af den øverste ledelse, formulerer risikoforvaltningsordningen og træffer beslutninger om etablering af afdelinger og filialer, osv. Denne ikke-udtømmende liste over ansvarsområder illustrerer statens betydelige kontrol med ICBC i den daglige virksomhed.
The government function vested is the promotion of export to countries and for goods for which commercial insurance either does not provide insurance cover, or does so at premium rates that are not accessible to all exporters.
Artikel 34 i bankloven gælder for alle banker, der udøver deres virksomhed i Kina, og fastlægger, at forretningsbanker udøver deres lånevirksomhed i overensstemmelse med statens behov for økonomisk og social udvikling og under vejledning af statens industripolitikker.
Governments typically provide a State guarantee to the export credit agency, in order to lower its borrowing costs on the capital markets.
Behovene i forbindelse med den nationale økonomiske og sociale udvikling og vejledningen af statens politik på industriområdet fastlægges ved central planlægning, som beskrevet i afsnit 3.2.
The existence of that State guarantee is justified by and proof for being vested with authority to exercise government functions.
Fremme af solcelleindustrien indgår heri.
The activities of those agencies pursue public policy goals, namely to promote export.
Hvis man forfølger mål inden for den økonomiske politik, anses det af EU's domstole for at være en del af udøvelsen af statslig myndighed [31].
More specifically, the title and content (as summarized in the questionnaire reply) of the Notice of Establishing EXIM issued by the State Council indicates that EXIM is carrying out the Chinese export policy.
Artikel 34 i lovgivningen om banker tildeler hermed alle banker myndighed til at udøve statslig funktion.
Moreover, as described in section 3.4.1 the PV industry, as strategic/key industry, is benefitting from such export support.
Med hensyn til ICBC har den formelle kontrol gennem aktiebeholdningen og de beføjelser, der er tillagt den kinesiske regering gennem aktiebeholdningen via vedtægterne, gjort det muligt for den kinesiske regering at udøve denne statslige funktion.
On the basis of those considerations, it is inferred, on the basis of facts available, that the State has exercised its formal control, established by virtue of its ownership, in the daily business activities of EXIM in a meaningful way and that the State has vested EXIM with authority to exercise government functions.
Endelig har Kommissionen bestræbt sig på gennem en undersøgelse af den faktiske udlånspolitik for ICBC at fastslå, at der har været udøvet kontrol i betydeligt omfang.
That conclusion is further corroborated by the examination of the lending policy, as established on the basis of the annual reports, which demonstrates that EXIM feels bound to implement State policy when making lending decisions, for the following reasons.
Kommissionen anmodede om relevante oplysninger fra den kinesiske regering for at kunne vurdere, hvordan bankerne i Kina foretager en vurdering af kreditrisikoen for producenterne af solcellepaneler, inden de beslutter, hvorvidt de vil yde dem lån (og/eller kreditlinjer) og træffer beslutning om lånebetingelserne.
When requested to explain its lending policy, i.e. how government plans and projects are reflected, whether EXIM considers the Catalogue of Chinese High-Tech Products for Export (or other catalogues, lists or plans) in its lending policy, EXIM indicated that it analyses the influence of the plans on loan programs or borrowers and that it supports enterprises that produce products from this catalogue.
I tillæg A til spørgeskemaet bad Kommissionen om oplysninger om, hvordan bankerne tager hensyn til risikoen, hvordan låntagers kreditværdighed vurderes, hvilke risikopræmier banken opkræver for forskellige virksomheder/industrier i Kina, og hvilke faktorer banken tager hensyn til ved vurderingen af låne- eller kreditlinjeansøgningen.
After analysis of the annual report, it appeared that EXIM's reply purposely devalued the impact of the government plans and projects on its lending policy.
Kommissionen anmodede også om en beskrivelse af låneansøgningen og godkendelsesprocessen.
Indeed, the 2015 annual report says that EXIM's main mandate is to ‘facilitate the export and import of Chinese mechanical and electronic products, complete sets of equipment and new-and high-tech products’ and more importantly that ‘The Bank fully leveraged its role of policy financing in implementing China's national development strategy’.
Selv om ICBC fremlagde et udførligt svar på ovenstående spørgsmål, forelagde hverken den kinesiske regering eller ICBC tilfredsstillende beviser herfor.
The GOC submitted after disclosure that the facilitation of exports does not necessarily imply preferential lending and the national development strategy covers all aspects of the Chinese economy.
Under kontrolbesøget bad Kommissionen om beviser for det udførlige svar.
The point of recital 124 is however to demonstrate that government plans and projects do influence EXIM's lending policy, which is reflected in its mandate.
Men den kinesiske regering fremførte kun svar af generel karakter, som ikke var underbygget af nogen form for bevis for, at der rent faktisk finder en kreditrisikovurdering sted.
The comment made by the GOC is therefore rejected.
Kommissionen bad ligeledes om tilsvarende oplysninger fra de eksporterende producenter i stikprøven og forsøgte at verificere dem ved kontrolbesøget hos de eksporterende producenter i stikprøven.
Concerning the statistics on the export of different categories of products already requested in the questionnaire, EXIM did not provide the requested information and called upon confidentiality clauses.
Hovedparten af de eksporterende producenter i stikprøven svarede, at bankerne anmoder om visse dokumenter (f.eks. regnskaberne) og foretager en vis analyse af kreditrisikoen, inden lånene ydes.
During the verification visit EXIM changed its view and indicated that the information was not available.
De kunne dog ikke fremlægge beviser for disse påstande, f.eks. i de dokumenter, de havde fremlagt.
While the Commission fails to understand why EXIM changed its reasoning, it is also unclear to the Commission how providing non-customer specific consolidated data can breach confidentiality clauses.
Under kontrolbesøget bad Kommissionen om bevis (som f.eks. korrespondance osv.) for, at bankerne faktisk havde anmodet om sådanne dokumenter, eller at virksomhederne havde udleveret disse dokumenter til bankerne, eller at bankerne havde udfærdiget en rapport som bevis for, at disse analyser af kreditrisikoen rent faktisk var foretaget.
Still EXIM provided overall commercial values for three years but did not submit this information for the RIP neither before nor during the verification visit.
Grupperne af eksporterende producenter i stikprøven kunne dog ikke fremlægge disse beviser og heller ingen andre beviser til støtte for deres påstande.
Consequently, the Commission was not in a position to verify the overall commercial values of export credit in the RIP, nor the data concerning the proportion of export credits to the PV industry.
Den første hindring i den forbindelse var, at den kinesiske regering nægtede at fremlægge de oplysninger, der er anført i afsnit 3.1.
The GOC expressed surprise on the, in the Commission's view, contradictory statements made in recital 113.
Den anden hindring var, at den kinesiske regering afviste enhver adgang til ICBC's vurdering af kreditværdighed.
The Commission notes that no statistics on the export of different categories of products were provided by EXIM.
I sin mangelskrivelse af 14. marts 2016 underrettede Kommissionen den kinesiske regering om, at ICBC's besvarelse af tillæg A var ufuldstændig, da den ikke indeholdt følgende oplysninger: lån, der ydes til de ti største eksporterende producenter af den undersøgte vare, en fuldstændig besvarelse vedrørende vurdering af kreditværdighed, støtte fra banken til gennemførelsen af regeringens planer og projekter.
What was provided during the verification visit concerned overall commercial values.
For så vidt angår lån og/eller kreditlinjer stillet til rådighed for de ti største eksporterende producenter af den undersøgte vare, fremlagde ICBC ikke nogen oplysninger og henviste til lovbestemte og kontraktlige fortrolighedsforpligtelser, hvorefter den ikke kan offentliggøre virksomhedsspecifikke låneoplysninger uden producenternes samtykke.
The first would have allowed the Commission to isolate the figures for the product concerned, which was not possible with the figures eventually provided during the verification visit (overall figures only).
Kommissionen kunne imidlertid i sidste ende støtte sig de kontrollerede bemærkninger i spørgeskemabesvarelserne med henblik på at fastslå fordelen for de tre samarbejdsvillige producenter i stikprøven,
The GOC also claims that the Commission could have extrapolated the figures for the review investigation period by using the overall commercial values for the three years provided, which is incorrect as these figures were not provided on a monthly basis (as explained in recital 11, the review investigation period is 1 October 2014 to 30 September 2015).
Under kontrolbesøget forsøgte Kommissionen at verificere vurderingen af kreditværdigheden for de stikprøveudvalgte eksporterende producenter, for de ti største eksporterende producenter og for solcellesektoren som helhed.
During the verification, the Commission attempted to verify the creditworthiness assessment for the ten largest exporting producers of the product under review, including the three sampled producers.
ICBC fremlagde ingen oplysninger i den henseende og henviste til fortrolighedshensyn.
EXIM stated that access to such information could not be granted for confidentiality reasons.
Banken tilkendegav endvidere, at den ikke opbevarer rapporter om producenter i solcellesektoren på sit hovedkontor.
When attempting to verify the creditworthiness assessment system of EXIM by way of even a blank assessment form, EXIM refused access to such a blank document as it claimed it would contain business secret information.
Selv om ICBC tillod Kommissionen at se kort på en vurderingsrapport, den havde udvalgt, skal det bemærkes, at dette dokument ikke vedrørte nogen af de samarbejdsvillige virksomheder eller solcellesektoren.
After disclosure, the GOC pointed to the questionnaire reply and the 2015 annual report of EXIM, in which the importance of risk assessment prior to making lending decisions would be evident.
I betragtning af tidspunktet for dens fremlæggelse (på kinesisk) var Kommissionen desuden ikke i stand til at forstå indholdet inden for det tidsrum, der var til rådighed under kontrolbesøget.
Even when accepting that such a notion forms part of the bank's general policy, EXIM had not been providing examples how this was carried out with respect at least to the sampled companies.
Endvidere fik Kommissionen ikke lov til at tage en kopi af dokumentet.
This comment therefore did not change the findings of the Commission.
Det sammen med de øvrige citater i betragtning 139 og andre konstateringer, såsom den omstændighed, at ICBC havde ydet præferencelån og kreditlinjer til nogle af de eksporterende producenter i stikprøven i den nuværende undersøgelsesperiode, har ført til den konklusion, at ICBC, faktisk tager den statslige industripolitik, planer eller projekter eller anden lovgivning i betragtning ved vurderingen af et lån eller en kreditlinje.
The Commission also requested to have a copy of EXIM's 2015 annual report.
Kommissionen fastholder derfor sine konklusioner i betragtning 139 til 148.
EXIM first indicated that such document could not be provided or discussed although it had become apparent that the requested document was already publicly available on its web site.
Vurderingen af alle foreliggende faktiske oplysninger i sagen fører Kommissionen til den konklusion, at ICBC har foretaget udlån til de tre stikprøveudtagne producenter, som er repræsentative for solcelleindustrien, uden at foretage en vurdering af kreditværdigheden, da banken ikke har været i stand til at bevise, at der foreligger en sådan vurdering.
The Commission could eventually take a look at the requested document via the internet, but was initially not allowed to take a hard copy of the document or take any notes.
Det betyder, at man kan drage den slutning, at ICBC har fået overdraget statslig myndighed og har udøvet en sådan myndighed ved at yde lån i overensstemmelse med kravene for den centrale planlægning, og har således udøvet statslige funktioner.
The requested document was eventually submitted but only after the EXIM representatives had left the verification premises and the document could not be discussed further.
Denne konklusion bekræftes yderligere af uddragene fra årsrapporterne.
Following the Commission's sending of the letter regarding the consideration to apply Article 28, the GOC claimed that the application of Article 28 is not warranted even though access to a publicly available document was originally refused by the EXIM bank during the verification process but eventually provided by the GOC after the verification.
Kommissionen konkluderede, at ICBC er et offentligt organ.
The GOC noted that whoever provided the document is irrelevant.
Kommissionen fastsatte ud fra CCB's årsrapport for 2015, at staten ejer mere end 50 % af aktiebeholdningen.
The Commission notes that the delay in providing the annual report of 2015 was only part of the reasons for applying Article 28 (see recitals 112 to 118).
CCB er således formelt kontrolleret af staten.
It needs to be underlined that by refusing access to and refusing to discuss a publicly available document during the time allocated to the corresponding financial institution, the EXIM bank obstructed and delayed the verification process.
Som bekræftet af CCB under den administrative procedure og som nævnt i kapitel 11 og 12 i vedtægterne har den kinesiske regering i sin egenskab af hovedaktionær bemyndigelse til at udpege et flertal af medlemmerne i bestyrelsen, som er forvaltningsorganet for generalforsamlingen, og som gennemfører ledelsen af CCB og har ansvaret herfor.
Also, the fact that the document was submitted after the representatives of the EXIM bank had left did not allow the Commission to discuss and verify the document at stake in a satisfactory manner.
Det samme gælder for tilsynsrådet, dvs. det tilsynsorgan i banken som fastsat i kapitel 16 i vedtægterne.
The Commission therefore considers that this financial institution significantly impeded the verification process.
Ifølge CCB's vedtægter og referaterne af bestyrelsens møde træffer bestyrelsen bl.a. afgørelse om bankens budget, om investeringsbeslutninger, om afskedigelse af den øverste revisor og sekretær for bestyrelsen.
As far as documents pertaining to the establishment and management of the operations of the EXIM bank are concerned, i.e. the Notice of Establishing EXIM issued by the State Council and the Articles of Association, the GOC claimed that the requested documents bore no relationship to the subsidy scheme or to the exporting producers, that the request was a fishing expedition and that there were no legal grounds to investigate a scheme which was not countervailed in the original investigation.
De 10 menige medlemmer af bestyrelsen ud af i alt 15 medlemmer udgør ledelsen af CCB.
In this regard, the Commission notes that the requested documents were needed for the purpose of the investigation, in particular to establish whether EXIM was vested with authority to exercise government functions, and that similar documents were requested and provided by the GOC for other cooperating financial institutions.
Denne ikke-udtømmende liste over ansvarsområder illustrerer statens betydelige kontrol med ICBC i den daglige virksomhed.
Further, it is noted that the EXIM bank made several references to these documents in its questionnaire reply as far as its ownership, management, supervision and operations are concerned and thus, these documents needed to be verified.
Under kontrolbesøget forsøgte Kommissionen at verificere vurderingen af kreditværdigheden for de stikprøveudvalgte eksporterende producenter og solcellesektoren som helhed.
Also, some of the sampled exporting producers indicated that they had financial dealings with this financial institution, which was another aspect that the Commission wished to verify and which shows that the EXIM bank was involved in subsidies related to those countervailed in the original investigation.
CCB fremlagde ingen oplysninger herom og henviste til fortrolighedshensyn.
The title and content of the Notice of Establishing EXIM issued by the State Council, to the extent that it can be deduced from the questionnaire reply, finally demonstrate that EXIM is a vehicle for the GOC to pursue public policy objectives and therefore vested with authority to exercise government functions.
Da Kommissionen insisterede, fik den lov til kort at se på dokumenter vedrørende kreditværdighed.
For those reasons, applying facts available, the Commission concludes that EXIM is a public body.
I den forbindelse skal det bemærkes, at Kommissionen ikke var i stand til at efterprøve oplysningerne i spørgeskemabesvarelsen på tilfredsstillende vis på grund af praktiske forhold, nemlig den omstændighed, at den kun i kort tid fik lov til at se dokumenterne, som var på kinesisk og ikke måtte tages som dokumentation.
The Commission established, on the basis of the ICBC questionnaire reply as confirmed by its 2015 Annual report that the State owns more than 50 % of the shares.
Det bemærkes endvidere, at de pågældende dokumenter heller ikke vedrørte den pågældende sektor eller NUP.
ICBC is therefore formally controlled by the State.
Den pågældende finansielle enhed afviste Kommissionens forslag om at stille en anonymiseret udgave af de ønskede dokumenter til rådighed for Kommissionen, som den kunne tage som dokumentation.
The Commission could also determine, on the basis of the Articles of Association and more specifically Chapter 8 to 10 thereof and ICBC's questionnaire reply, that the GOC, through its shareholding and via the Central Committee of the Communist Party of China, has the power to appoint the most important positions within the management of the bank such as the Chairman of the Board of Directors, Vice chairman of the Board of Directors, Executive Director, Chairman of the Board of Supervisors, President and Vice President.
Derfor kan det ikke hævdes, som den kinesiske regering påstod, at denne finansielle virksomhed handlede efter bedste evne.
Moreover, according to ICBC's Articles of Association, the Board of Directors, inter alia, convenes shareholder's meetings, decides on the business strategy and budget of the bank, take investment (and merger) decisions, decides on the dismissals of senior management, formulates the risk management system, decides on the establishments of departments and branches, etc.
Den kinesiske regering tilføjede til denne bemærkning, at Kommissionen i dokumentet med fremlæggelse af oplysninger havde henvist til beslutning nr. 40, som opregner de tilskyndede industrier, jf. betragtning 191 i den oprindelige forordning.
Article 34 of the Bank law hence vests all banks with authority to exercise government function.
Den kinesiske regering konstaterede modstridende forhold i forbindelse med denne konklusion i årsrapporterne for to af de fire kontrollerede banker, der nævner strengere standarder eller nedsættelsen af lån, der er ydet til sektorer, som er opført som tilskyndet i beslutning nr. 40.
In the case of ICBC, the formal control by the shareholding and the powers conferred upon the GOC through the shareholding in view of the Articles of Association have enabled the GOC to exercise that government function.
Kommissionen vil gerne understrege, at det i undersøgelsen blev konstateret, at de fire banker, som Kommissionen efterprøvede, faktisk ydede præferencelån og/eller kreditlinjer til de tre eksporterende producenter i stikprøven.
Finally, the Commission has sought to establish that control has been exercised in a meaningful way by examining the de facto lending policy of ICBC.
Disse konstateringer, der er i modstrid med den kinesiske regerings bemærkninger i de to ovennævnte betragtninger, er baseret på oplysningerne fra de stikprøveudvalgte eksporterende producenter.
The Commission requested relevant information from the GOC in order to assess how the banks in the PRC are performing credit risk assessment of PV companies before deciding whether to grant them loans (and/or credit lines) or not and deciding on the conditions of the loans which are granted.
Ingen af bankerne fremlagde tal for lån og/eller kreditlinjer, der var tildelt de tre virksomheder i stikprøven, eller solcelleindustrien generelt i den nuværende undersøgelsesperiode.
In the Appendix A to the questionnaire the Commission requested information on how the banks take account of risk, how the creditworthiness of the borrower is assessed, what the risk premiums charged for different companies/industries in the PRC are, and which factors banks take into account when assessing loan or credit line applications.
Der var således en forskel mellem de kontrollerede oplysninger fra de stikprøveudtagne virksomheder og årsrapporterne fra de to ovennævnte banker.
The Commission also requested a description of a loan application and its approval process.
Kommissionen foretrak de oplysninger, den indhentede fra virksomhederne i stikprøven på stedet og afviste således den kinesiske regerings bemærkning.
While ICBC provided a narrative reply to the questions raised above, neither the GOC nor ICBC provided satisfactory supporting evidence in this respect.
I sine svar på spørgeskemaet og mangelskrivelsen havde CCB oplyst, at banken kan tage hensyn til regeringens industripolitik som reference, men at dette ikke binder bankens beslutning om sin udlånspolitik.
During the verification visit, the Commission requested supporting evidence for the narrative reply.
Dog bekræftede bankens årsrapport, at CCB implementerer regeringens planer, hvilket fremgår af følgende uddrag: »Koncernen reagerede proaktivt på statens strukturreform på udbudssiden og reagerede på udviklingsstrategierne på passende vis (…).
However, the GOC provided only replies of a general nature not supported by any evidence whatsoever that any kind of credit risk assessment actually takes place.
Vi ydede støtte til (…) strategiske vækstindustrier.« »I overensstemmelse med den nationale industripolitik og ændringer i det eksterne driftsmiljø har koncernen i 2015 optimeret kreditpolitikkerne på behørig vis (…)«.
The Commission also requested similar information from the sampled exporting producers and attempted to verify it during the on-the-spot verification visits of sampled exporting producers.
Den kinesiske regering anfægtede også følgende citat »koncernen reagerede proaktivt på statens strukturreform på udbudssiden og reagerede på udviklingsstrategierne på passende vis (…).« og anførte, at det var taget ud af sammenhængen og intet har at gøre med tilskyndede og strategiske industrier eller vækstindustrier eller -sektorer, og at Kommissionen under alle omstændigheder har fejlfortolket brugen af ordet »vækst« i CCB's årsrapport.
Most of the exporting producers replied that banks request certain documents (such as the financial statements) and perform some kind of credit risk analysis before the loans are granted.
Kommissionen bemærker, at det fulde citat, herunder også den sætning, der følger umiddelbart efter, lyder som følger (kursiv er tilføjet): »Vi har kraftigt styrket udviklingen af realøkonomien.
However, they could not support their claims with any evidence for example of the documents they had provided.