natgillin/translations-raw huggingface dataset:
For the Commission, this formulation does not shield banks from their duty to apply policy considerations as set out in Article 34.
Komisija smatra da se tom formulacijom banke ne štiti od obveze da primjenjuju ciljeve politike utvrđene u članku 34.
Articles 7 and 35 of the Bank law relate to the examination of the creditworthiness, purpose of the loan and credit approval chain.
Članci 7. i 35. Zakona o bankama odnose se na ispitivanje kreditne sposobnosti, svrhu zajma i lanac odobrenja kredita.
As far as these matters are concerned and as indicated in recitals 128, 143, 155 and 171, the cooperating banks did not provide documents in support of their claims such as those relating to creditworthiness or the approval process.
U pogledu tih pitanja i kako je navedeno u uvodnim izjavama 128., 143., 155. i 171., banke koje surađuju nisu dostavile dokumente u potporu svojim tvrdnjama kao što su one koje se odnose na kreditnu sposobnost i postupak odobrenja.
On the basis of facts available, such Articles can therefore not be considered to contradict the interpretation of Article 34 established by the Commission.
Stoga se na temelju raspoloživih podataka za te članke ne može smatrati da su u suprotnosti s Komisijinim tumačenjem članka 34.
As far as Decision 40 is concerned and as indicated in recital 102 of the original investigation, it is first noted that this Decision suggests that the GOC will actively support the development of new energy industry and expedite the development of solar energy, instructs all financial institutions to provide credit support only to encouraged projects (the category in which the PV projects belong) and promises the implementation of ‘other preferential policies on the encouraged projects’.
U pogledu Odluke 40. i kako je navedeno u uvodnoj izjavi 102. iz početnog ispitnog postupka, najprije se napominje da se u toj Odluci upućuje na to da će kineska vlada aktivno podupirati razvoj industrije nove energije i pospješiti razvoj solarne energije, nalaže svim financijskim institucijama da pruže kreditnu podršku samo poticanim projektima (kategorija kojoj pripadaju fotonaponski projekti) te jamčiti provedbu „ostalih povlaštenih politika za poticane projekte”.
On the basis of the above and especially the fact that banks are instructed to provide credit support to the PV sector, it is considered that Decision 40 demonstrates that banks exercise government authority.
Na temelju prethodno navedenog, a posebno činjenice da se bankama nalaže da pružaju kreditnu potporu fotonaponskom sektoru, smatra se da se Odlukom 40. dokazuje da banke izvršavaju javne ovlasti.
As far as Article 17 of such Decision is concerned and the fact that credit principles should be respected, the Commission does not consider such condition as incompatible with the fact that banks exercise government authority.
U pogledu članka 17. te Odluke i činjenice da se načela odobravanja kredita trebaju poštovati Komisija ne smatra da je taj uvjet u suprotnosti s činjenicom da banke izvršavaju javne ovlasti.
As far as the claim that Decision 40 covers the whole Chinese economy, the Commission notes that this Decision refers to the Guiding Catalogue of the Industrial Restructuring which itself makes a distinction between three types of industries; i.e. encouraged, limited and eliminated projects.
U pogledu tvrdnje da je Odlukom 40. obuhvaćeno cijelo kinesko gospodarstvo Komisija napominje da se u toj Odluci upućuje na Katalog uputa za restrukturiranje industrije u kojem se razlikuju tri vrste industrija, tj. poticani, ograničeni i ukinuti projekti.
Furthermore, the ‘encouragement content’ is also defined in this Decision.
Nadalje, „element poticaja” definiran je i u toj Odluci.
As far as the reference to the ‘11th Five-Year plan’ is concerned, it is noted that such plan has been replaced by the 12th and more recently by the 13th Five-Year plans.
U pogledu upućivanja na 11. petogodišnji plan napominje se da je taj plan zamijenjen 12. petogodišnjim planom, a nedavno i 13. petogodišnjim planom.
It is also noted that Decision 40 has not been repealed and is therefore still valid.
Napominje se i da Odluka 40. nije stavljena izvan snage te da, stoga, još uvijek vrijedi.
Nothing in Chinese law indicates that reading the reference to the 11th Five-Year plan as dynamic reference would be inappropriate.
Nijednom odredbom u kineskom pravu ne upućuje se na to da bi tumačenje upućivanja na 11. petogodišnji plan kao dinamičkog upućivanja bilo neprimjereno.
Furthermore, the following observations can be made.
Nadalje se mogu iznijeti sljedeća opažanja.
The original investigation [35] had concluded that the Chinese financial market was distorted in various ways; i.e. State-ownership combined with the distortions of the Chinese financial market and with the GOC's policy to direct cheap money towards selected industries (thus undermining the level playing field in international trade and providing unfair advantage to Chinese producers), limitations with regard to interest rate setting, access to cheap capital, lending policy according to the needs of the national economy, preferential access to credit for encouraged projects and/or high and new technology industries, access to cheap foreign exchange State reserves and privileged financing means for the China Development Bank (CDB).
U početnom ispitnom postupku [35] zaključeno je da na kineskom financijskom tržištu postoje različiti poremećaji, tj. državno vlasništvo u kombinaciji s poremećajima na kineskom financijskom tržištu i politikom kineske vlade da usmjeri jeftin kapital prema odabranim industrijama (čime se ugrožava ravnopravno tržišno natjecanje u međunarodnoj trgovini i daje nepoštena prednost kineskim proizvođačima), ograničenja u pogledu određivanja kamatnih stopa, pristup jeftinom kapitalu, politika odobravanja zajmova u skladu s potrebama nacionalnoga gospodarstva, povlašteni pristup kreditiranju poticanih projekata i/ili industrija visoke i nove tehnologije, pristup jeftinim državnim deviznim pričuvama i povlaštenim sredstvima financiranja za Kinesku razvojnu banku (CDB).
Except for the alleged interest rate reform that has been addressed in (197) to (201), the GOC did not provide any evidence in the course of this investigation that the situation has changed.
Osim u pogledu navodne reforme kamatnih stopa koja je razmatrana u uvodnim izjavama 197. do 201., tijekom ispitnog postupka kineska vlada nije dostavila nikakve dokaze da se situacija promijenila.
The investigation did not either bring to light any element contradicting the above findings.
Osim toga, tijekom ispitnog postupka nisu izneseni nikakvi elementi kojima bi se osporili prethodni nalazi.
The conclusions drawn in the original investigation remain valid also in the RIP and are therefore confirmed.
Zaključci doneseni u početnom ispitnom postupku i dalje vrijede i tijekom RIPR-a i stoga se potvrđuju.
These conclusions make it clear that the financial sector is encouraged to contribute to the strategies designed by the Government authorities.
Na temelju tih zaključaka jasno je da se financijski sektor potiče da pridonosi strategijama koje su osmislila državna tijela.
As far as the interference of the GOC to influence rates is concerned, this issue has already been dealt with in recitals 197, 198, 206 and 207.
Pitanje uplitanja kineske vlade radi utjecaja na stope već je razmotreno u uvodnim izjavama 197., 198., 206. i 207.
As far the findings established in the original investigation are concerned, it is noted that the comments raised by the GOC in the original investigation were analysed and addressed in the original Regulation and that the conclusions drawn in the original investigation in this respect were not challenged in court.
U pogledu nalaza utvrđenih u početnom ispitnom postupku napominje se da su primjedbe kineske vlade iz početnog ispitnog postupka analizirane i razmotrene u Izvornoj uredbi te da zaključci doneseni u tom pogledu u početnom ispitnom postupku nisu osporavani pred sudom.
Furthermore, the GOC did not submit any evidence that could overturn the conclusion reached in the original investigation, neither did the investigation bring to light any elements of such nature.
Nadalje, kineska vlada nije dostavila nikakve dokaze na temelju kojih bi se mogao promijeniti zaključak donesen u početnom ispitnom postupku niti su tijekom ispitnog postupka izneseni takvi elementi.
In this context, the Commission fails to see on which grounds such findings cannot form part of the basis on which the Commission relied to draw its conclusions in the current investigation.
U tom kontekstu Komisija ne razumije zašto ti nalazi ne mogu biti dio osnove na koju se Komisija oslanjala radi donošenja zaključaka u trenutačnom ispitnom postupku.
In addition, and as found in the original investigation [36], even if the State-owned banks were not considered to be public bodies, they would also be considered as entrusted and directed by the GOC to carry out functions normally vested in the government, within the meaning of Article 3 (1)(a)(iv) of the basic Regulation.
Uz to i kako je utvrđeno u početnom ispitnom postupku, [36] čak i ako se banke u državnom vlasništvu ne bi smatrale javnim tijelima, one bi se i dalje smatrale bankama kojima je kineska vlada povjerila i kojima nalaže izvršavanje funkcija koje su obično dane vladi u smislu članka 3. stavka 1. točke (a) podtočke iv. Osnovne uredbe.
Private banks
Privatne banke
Since the share of loans provided by private banks in the PRC to the three sampled exporting producers was insignificant and none of the private banks in the PRC submitted a questionnaire reply, no additional findings were made in this respect.
Budući da je udjel zajmova koje su trima proizvođačima izvoznicima u uzorku odobrile privatne banke iz NRK-a bio neznatan i da nijedna privatna banka iz NRK-a nije dostavila odgovor na upitnik, u tom se pogledu ne utvrđuju nikakvi dodatni nalazi.
Accordingly, the Commission decided to eliminate the marginal benefit arising from these loans from the subsidy calculation.
U skladu s tim Komisija je odlučila iz izračuna subvencije isključiti neznatnu korist koja proizlazi iz tih zajmova.
Therefore, the Commission did not have to address the GOC comments in this regard.
Stoga Komisija nije trebala razmotriti primjedbe kineske vlade u tom pogledu.
In the current investigation, nothing on the file can change the findings of the Commission in the original investigation [37], in which it was concluded that the GOC directs preferential lending to a limited number of industries, considered key industries, and the PV industry is one of them.
U trenutačnom ispitnom postupku nijednim dokumentom u spisu ne mogu se promijeniti nalazi Komisije u početnom ispitnom postupku [37] u kojem je zaključeno da kineska vlada usmjerava odobravanje povlaštenih zajmova ograničenom broju industrija koje se smatraju ključnim industrijama te da je fotonaponska industrija jedna od njih.
On the contrary, the investigation brought additional elements confirming the original finding.
Naprotiv, u ispitnom postupku utvrđeni su dodatni elementi kojima je potvrđen početni nalaz.
One sampled exporting producer indicated that ‘Historically, China Development Bank has provided us with loans for our solar power project financing. As these loans are driven, in part, by policy considerations, to the extent that the government changes their position on the solar industry, the terms and availability of these loans may change’ and that ‘The PRC government also exercises significant control over China's economic growth through allocating resources, controlling payment of foreign currency-denominated obligations, setting monetary policy and providing preferential treatment to particular industries or companies’ [38].
Jedan proizvođač izvoznik u uzorku naveo je sljedeće: „Do sada nam je Kineska razvojna banka pružala zajmove za financiranje naših projekata proizvodnje solarne energije. Budući da se ti zajmovi djelomično temelje na ciljevima politike, u mjeri u kojoj vlada može promijeniti svoje stajalište u pogledu solarne industrije, uvjeti i dostupnost tih zajmova mogu se promijeniti” te da „kineska vlada izvršava i znatnu kontrolu nad gospodarskim rastom Kine raspodjelom resursa, kontrolom plaćanja obveza u stranim valutama, određivanjem monetarne politike i osiguravanjem povlaštenog postupanja s određenim industrijama ili društvima” [38].
Additionally, a credit approval report also assessed positively the fact that the photovoltaic sector benefits government support and is promoted by national policy.
Osim toga, i u izvješću o odobrenim kreditima pozitivno je ocijenjena činjenica da fotonaponski sektor uživa potporu vlade i da se promiče u nacionalnoj politici.
On the basis of the above, it is concluded that the authorities only allow the financial institutions to provide preferential lending to a limited number of industries/companies which comply with the relevant policies of the GOC.
Na temelju prethodno navedenog zaključuje se da nadležna tijela dopuštaju financijskim institucijama dodjeljivanje povlaštenih zajmova samo ograničenom broju industrija/društava koja postupaju u skladu s relevantnim politikama kineske vlade.
Furthermore, no interested parties could provide supporting evidence that banks were assessing the creditworthiness of the PV industry adequately.
Nadalje, nijedna zainteresirana strana nije mogla dostaviti dokaze da banke primjereno procjenjuju kreditnu sposobnost fotonaponske industrije.
Following disclosure, the GOC referred to the fact that the PV industry is allegedly not listed in the 13th Five-Year plan referred to in recital 83 and that the Commission has allegedly erroneously interpreted Decision 40.
Nakon objave kineska vlada uputila je na činjenicu da fotonaponska industrija navodno nije navedena u 13. petogodišnjem planu iz uvodne izjave 83. i da je Komisija navodno pogrešno protumačila Odluku 40.
Furthermore, it indicated that the SEC filing of one Chinese producer cannot provide evidence of government policy.
Nadalje, navela je da se iz spisa SEC-a o jednom kineskom proizvođaču ne mogu pružiti dokazi o vladinoj politici.
It is first noted that the claims concerning the 13th Five-Year plan and Decision 40 have been addressed in recitals 87 and 89.
Najprije se napominje da su tvrdnje o 13. petogodišnjem planu i Odluci 40. razmotrene u uvodnim izjavama 87. i 89.
As far as the SEC filing is concerned, it adds to the evidence already gathered and confirms the existence of a specific government policy in support of the PV industry.
Spisom SEC-a dopunjuju se dokazi koji su već prikupljeni i potvrđuje se postojanje posebne vladine politike kojom se podupire fotonaponska industrija.
The GOC also referred to the comments that it had raised with regard to recital 172 of the original regulation and that were already addressed in the original regulation.
Kineska vlada uputila je i na primjedbe koje je istaknula u pogledu uvodne izjave 172. Izvorne uredbe i koje su već razmotrene u Izvornoj uredbi.
Furthermore it indicated that, based on the AB report in US-Aircraft (Second Complaint), the specificity analysis should focus not only on ‘the particular recipients identified in the complaint, but … also on all enterprises or industries eligible to receive that same subsidy’ [39] and that, according to the Panel report in US — Aircraft [40], in order to be specific, a subsidy must be provided to a sufficiently limited ‘group’ of enterprises or industries and this requires more than a simple demonstration that less than all of the enterprises or industries were eligible to receive the subsidy.
Nadalje je navela da se, na temelju izvješća Žalbenog tijela u predmetu SAD – zrakoplovi (druga pritužba), u analizi specifičnosti ne bi trebalo usmjeriti samo na „konkretne primatelje utvrđene u pritužbi, nego... i na sva poduzeća ili industrije koje ispunjuju uvjete za tu subvenciju” [39] i da se, u skladu s izvješćem povjerenstva u predmetu SAD – zrakoplovi [40], kako bi bila specifična, subvencija mora pružiti dovoljno ograničenoj „skupini” poduzeća ili industrija te je za to potrebno više od običnog dokaza da nisu sva poduzeća ili industrije ispunjivale uvjete za tu subvenciju.
In this regard, it is noted that the comments raised by the GOC in the original investigation were analysed and addressed in the original Regulation and that the conclusions drawn in the original investigation in this respect were not challenged in the Union Courts.
U tom se pogledu napominje da su primjedbe kineske vlade iz početnog ispitnog postupka analizirane i razmotrene u Izvornoj uredbi te da zaključci doneseni u tom pogledu u početnom ispitnom postupku nisu osporavani pred sudovima Unije.
As far as the references to the AB and Panel reports are concerned, reference is made to the documents that were listed in recital 172 of the original Regulation and to the documents mentioned above.
U pogledu upućivanja na izvješća Žalbenog tijela i povjerenstva upućuje se na dokumente navedene u uvodnoj izjavi 172. Izvorne uredbe i na prethodno navedene dokumente.
In this regard, the Commission considers that references to the PV industry are sufficiently clear as the industry is identified either by its name or by a clear reference to the product that it manufactures or the industry group that it belongs to.
U tom pogledu Komisija smatra da su upućivanja na fotonaponsku industriju dovoljno jasna jer je industrija navedena ili prema nazivu ili jasnim upućivanjem na proizvod koji proizvodi ili industrijsku skupinu kojoj pripada.
On the basis of the evidence on the file, it is concluded that the subsidies in the form of preferential lending are not generally available and are therefore specific in the meaning of Article 4(2)(a) of the basic Regulation.
Na temelju dokaza u spisu zaključuje se da subvencije u obliku povlaštenih zajmova nisu općenito dostupne te su stoga specifične u smislu članka 4. stavka 2. točke (a) Osnovne uredbe.
Moreover there was no evidence submitted by any of the interested parties suggesting that the subsidy is based on objective criteria or conditions under Article 4(2)(b) of the basic Regulation.
Štoviše, nijedna zainteresirana strana nije podnijela dokaze kojima bi se upućivalo na to da se subvencija temelji na objektivnim kriterijima ili uvjetima na temelju članka 4. stavka 2. točke (b) Osnovne uredbe.
Conclusion on the findings of the investigation
Zaključak o nalazima ispitnog postupka
It is concluded that the vast majority of loans to the sampled groups of exporting producers are provided by State-owned banks which have been found to be public bodies in recital 201 above, because they are vested with government authority and exercise government functions.
Zaključuje se da banke u državnom vlasništvu za koje je u prethodnoj uvodnoj izjavi 201. utvrđeno da su javna tijela daju veliku većinu zajmova skupinama proizvođača izvoznika u uzorku jer su im povjerene javne ovlasti i izvršavaju javne funkcije.
There is further evidence that these banks effectively exercise government authority since, as it is explained in recitals 197 to 201 there is a clear intervention by the State (i.e. the PBOC) in the way commercial banks take decisions on interest rates for loans granted to Chinese companies.
Postoje dodatni dokazi da te banke stvarno izvršavaju javne ovlasti jer, kako je objašnjeno u uvodnim izjavama 197. do 201., postoji jasno uplitanje države (tj. NBK-a) u donošenje odluka poslovnih banaka o kamatnim stopama na zajmove koji se odobravaju kineskim društvima.
In these circumstances, the lending practices of these entities are directly attributable to the government.
U tim okolnostima praksa odobravanja zajmova tih subjekata izravno se pripisuje vladi.
Finally, the GOC failed/refused to provide information which would have enabled a greater understanding of the State-owned banks' relationship with government as explained in recitals 51, 103 and 104.
Zaključno, kineska vlada nije dostavila/odbila je dostaviti podatke kojima bi se omogućilo bolje razumijevanje odnosa banaka u državnom vlasništvu i vlade, kako je objašnjeno u uvodnim izjavama 51., 103. i 104.
Thus, for loans provided by State-owned banks in the PRC, the Commission concludes that there is still a financial contribution to the PV 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.
Komisija stoga u pogledu zajmova koje daju banke u državnom vlasništvu u NRK-u zaključuje da još uvijek postoji financijski doprinos proizvođačima fotonaponskih proizvoda u obliku izravnog prijenosa sredstava vlade u smislu članka 3. stavka 1. točke (a) podtočke i. Osnovne uredbe.
Based on the loan and credit line information obtained from the sampled exporting producers and the limited information obtained from the four banks, the Commission, based on facts available, found that in reality and in practice, State-owned banks exercise government authority and those banks carry out their business of lending in accordance with the needs of the national economic and social development and under the guidance of the industrial policies of the State, as stipulated in Article 34 of the Bank law.
Na temelju podataka o zajmovima i kreditnim linijama dobivenima od proizvođača izvoznika u uzorku i ograničenih podataka dobivenih od četiriju banaka Komisija je, na temelju raspoloživih podataka, utvrdila da u stvarnosti i u praksi banke u državnom vlasništvu izvršavaju javne ovlasti te odobravaju zajmove u skladu s potrebama nacionalnoga gospodarskog i socijalnog razvoja te smjernicama politika države za industriju, kako je propisano člankom 34. Zakona o bankama.
A benefit within the meaning of Articles 3(2) and 6(b) of the basic Regulation exists to the extent that the government loans, or loans from private bodies entrusted or directed by the government, are granted on terms more favourable than the recipient could actually obtain on the market.
Korist postoji u smislu članka 3. stavka 2. i članka 6. točke (b) Osnovne uredbe u onoj mjeri u kojoj se zajmovi vlade ili zajmovi privatnih tijela koji su povjereni vladi ili ih ona usmjerava odobravaju uz povoljnije uvjete nego što bi ih primatelj mogao stvarno dobiti na tržištu.
Non-government loans in the PRC do not provide an appropriate market benchmark, since it has been established that the Chinese financial market is distorted (see recitals 225 and 226).
Nevladinim zajmovima u NRK-u ne pruža se odgovarajuća tržišna referentna stopa jer je utvrđeno da je kinesko financijsko tržište narušeno (vidjeti uvodne izjave 225. i 226.).
Therefore, benchmarks have been constructed using the method described in recitals 246 to 248 below.
Stoga su referentne stope izračunane primjenom metode koja je opisana u uvodnim izjavama od 246. do 248. u nastavku.
This benchmark demonstrates that loans are granted to the PV sector at below-market terms and conditions.
Na temelju te referentne stope vidljivo je da se zajmovi fotonaponskom sektoru odobravaju prema uvjetima koji su niži od onih na tržištu.
As established in recital 191 of the original Regulation, the PV industry belongs to the encouraged category according to Decision 40.
Kako je utvrđeno u uvodnoj izjavi 191. Izvorne uredbe, u skladu s Odlukom 40. fotonaponska industrija pripada poticanoj kategoriji.
Decision 40 has not been amended since then and it provides binding rules to all the economic institutions in the form of directives on the promotion and support of encouraged industries, one of which is the PV industry.
Odluka 40. od tada se nije mijenjala te sadržava obvezujuća pravila za sve gospodarske institucije u obliku uputa o poticanju i potpori poticanih industrija, a fotonaponska industrija jedna je od njih.
As explained in recital 172 of the original Regulation, the GOC directs preferential lending to a limited number of industries and the PV industry is one of them.
Kako je objašnjeno u uvodnoj izjavi 172. Izvorne uredbe, kineska vlada usmjerava povlaštene zajmove ograničenom broju industrija, a fotonaponska industrija jedna je od njih.