natgillin/translations-raw huggingface dataset:
However, since no additional evidence was submitted concerning the loan agreements mentioned in recital (163) above, the Commission continued to rely partly on facts available for its findings concerning these loan agreements.
Grupa Huaqin Rubber Industry i društvoYanzhou Yinhe Power Plant Co. Ltd. nisu dostavili potpune informacije o svojim ugovorima o zajmu.
Subsidies and subsidy programmes within the scope of the current investigation
Stoga je Komisija obavijestila predmetna društva da će razmotriti da nalaze djelomično temelji na raspoloživim podacima u skladu s člankom 28. stavkom 1. osnovne uredbe (odnosno u pogledu informacija o tim ugovorima).
On the basis of the information contained in the complaint, the Notice of Initiation and the replies to the Commission's questionnaire, the alleged subsidisation through the following subsidies by the GOC were investigated:
U odgovoru na dopis Komisije u kojem se predmetna društva obavješćuje o mogućoj primjeni članka 28. stavka 1. osnovne uredbe, ona su općenito prigovorila na tu primjenu.
Preferential policy loans, credit lines, export sellers and export buyers credits, other financing, and guarantees;
No zbog izostanka dodatnih dokaza o ugovorima o zajmovima iz prethodne uvodne izjave 163.
Preferential Export credit insurance,
Komisija se i dalje u svojim nalazima o tim ugovorima o zajmovima oslanjala na raspoložive podatke.
Grant Programmes
Subvencije i programi subvencioniranja u okviru ovog ispitnog postupka
Famous Brand Programme;
Na temelju informacija sadržanih u pritužbi, Obavijesti o pokretanju postupka i odgovora na upitnik Komisije ispitano je navodno subvencioniranje putem sljedećih subvencija kineske vlade:
Export Assistance Grants, such as e.g. rewards for advanced exporting enterprises or export performance, reward for processing trade, grants for outward investment;
i. politika davanja povlaštenih zajmova, kreditne linije, krediti prodavača izvoznika i izvozni kupovni krediti, ostalo financiranje i jamstva;
Environmental Protection grants, such as e.g. Special fund for energy-saving technology reform, the clean production technology fund, incentives for Environmental Protection and Resource Conservation;
povlašteno osiguranje izvoznih kredita;
Grants related to technological upgrading or transformation, such as e.g. State Key Technology Project Fund Subsidies, promotion of R & D tasks under Science and Technology Support Plans, Promotion of Key Industry Adjustment, Revitalisation and Technology Renovation;
programi bespovratnih sredstava:
ad-hoc subsidies provided by the municipal/provincial authorities;
program poznatih robnih marki,
Revenue foregone through Direct Tax Exemption and Reduction programmes
bespovratna sredstva za poticanje izvoza kao što su npr. nagrade za napredna izvozna poduzeća ili izvozne rezultate, nagrada za trgovanje radi prerade, bespovratna sredstva za vanjska ulaganja,
EIT privileges for High and New Technology Enterprises;
bespovratna sredstva za zaštitu okoliša kao što su npr.
EIT offset for research and development;
Posebni fond za tehnološku reformu kojom se štedi energija, fond za čistu tehnologiju proizvodnje, poticaju za zaštitu okoliša i očuvanje resursa,
Western Region preferential tax policies;
bespovratna sredstva povezana s tehnološkom modernizacijom ili transformacijom kao što su npr. subvencije iz državnog fonda za projekte u području ključne tehnologije, promicanje zadaća istraživanja i razvoja u okviru planova za potporu znanosti i tehnologiji, promicanje prilagodbe ključnih industrija, oživljavanje i tehnološka obnova,
Land Use Tax exemption or reduction;
ad hoc subvencije lokalnih/pokrajinskih tijela;
Local tax discounts;
odricanje od prihoda kroz programe oslobađanja od izravnih poreza i smanjenja izravnih poreza:
Revenue foregone through Indirect Tax and Import Tariff Programmes
povlastice u pogledu poreza na dobit poduzeća za poduzeća za visoke ili nove tehnologije,
VAT exemptions and import tariff rebates for the use of imported equipment and technology;
sniženje poreza na dobit poduzeća za istraživanje i razvoj,
Import tariff waivers for processing trade;
politike povlaštenih poreznih stopa za zapadnu regiju,
Government provision of goods and services for less than adequate remuneration (LTAR)
oslobođenje od plaćanja poreza na korištenje zemljištem ili njegovo smanjenje,
Government provision of natural rubber for less than adequate remuneration;
lokalni porezni popusti;
Government provision of synthetic rubber for less than adequate remuneration;
v. odricanje od prihoda kroz programe za neizravne poreze i uvozne carine:
Government provision of carbon black for less than adequate remuneration;
oslobođenja od plaćanja PDV-a i sniženje uvozne carine za upotrebu uvezene opreme i tehnologije,
Government provision of nylon cord for less than adequate remuneration;
oslobođenja od uvoznih carina za trgovanje radi prerade;
Government provision of power for less than adequate remuneration;
roba i usluge koje vlada osigurava uz neprimjereno nisku naknadu:
Government provision of land and land-use rights for less than adequate remuneration.
prirodni kaučuk koji osigurava Vlada uz neprimjereno nisku naknadu,
Preferential financing and insurance: loans
sintetički kaučuk koji osigurava Vlada uz neprimjereno nisku naknadu,
According to the information provided by the four sampled groups of exporting producers, 32 financial institutions located within the PRC had provided loans to them.
ugljena čađa koju osigurava Vlada uz neprimjereno nisku naknadu,
Of these 32 financial institutions, 27 were state-owned banks.
najlonska kordna nit koju osigurava Vlada uz neprimjereno nisku naknadu,
The 5 remaining financial institutions were privately owned.
energija koju osigurava Vlada uz neprimjereno nisku naknadu,
However, only three state-owned banks filled in the specific questionnaire, despite a request to the GOC that covered all financial institutions which had provided loans to the sampled companies.
zemljište ili prava korištenja zemljištem koje daje vlada uz neprimjereno nisku naknadu.
State-owned banks acting as public bodies
Povlašteno financiranje i osiguranje: zajmovi
The Commission ascertained whether the state-owned banks were acting as public bodies within the meaning of Articles 3 and 2 (b) of the basic Regulation.
Prema informacijama koje su dostavile četiri grupe proizvođača izvoznika u uzorku 32 financijske institucije sa sjedištem u NRK-u dale su im zajmove.
The Commission sought information about State ownership as well as formal indicia of government control in the state-owned banks.
Od tih 32 financijskih institucija njih 27 bile su banke u državnom vlasništvu.
It also analysed whether control had been exercised in a meaningful way.
Pet preostalih financijskih institucija bilo je u privatnom vlasništvu.
For this purpose, the Commission had to partially rely on facts available due to the refusal of the GOC and the state owned banks to provide evidence on the decision making process that had led to the preferential lending.
Međutim, samo su tri banke u državnom vlasništvu ispunile posebni upitnik, unatoč zahtjevu kineskoj vladi kojim su obuhvaćene sve financijske institucije koje su davale zajmove društvima u uzorku.
In order to carry out this analysis, the Commission first examined information for the three state-owned banks that had filled in the specific questionnaire and allowed for verification.
Banke u državnom vlasništvu koje djeluju kao javna tijela
Cooperating state-owned banks
Komisija je ispitala jesu li banke u državnom vlasništvu djelovale kao javna tijela u smislu članka 3. i članka 2. točke (b) osnovne uredbe.
The following three state-owned banks provided a questionnaire reply, which was verified on site: EXIM, ABC, and BOC.
Komisija je zatražila informacije o državnom vlasništvu te formalne pokazatelje vladine kontrole u bankama u državnom vlasništvu.
Ownership and formal indicia of control by the GOC
Analizirala je i to je li se kontrola provodila u znatnoj mjeri.
Based on the information received in the questionnaire reply and during the verification visit, the Commission established that the GOC held, either directly or indirectly, more than 50 % of the shares in each of these financial institutions.
Komisija se, za te potrebe, morala djelomično oslanjati na raspoložive podatke zbog odbijanja kineske vlade i banaka u državnom vlasništvu da dostave dokaze o procesu donošenja odluka koji je doveo do davanja povlaštenih zajmova.
Concerning the formal indicia of government control of the three cooperating state-owned banks, the Commission qualified all of them as ‘key State-owned financial institutions’.
Kako bi se provela ta analiza, Komisija je najprije ispitala informacije za tri banke u državnom vlasništvu koje su odgovorile na posebni upitnik i dopustile provjeru.
In particular, the notice ‘Interim Regulations on the Board of Supervisors in Key State-owned Financial Institutions’ states that: ‘The key State-owned financial institutions mentioned in these Regulations refer to State-owned policy banks, commercial banks, financial assets management companies, securities companies, insurance companies, etc. (hereinafter referred to as State-owned financial institutions), to which the State Council dispatches boards of supervisors’.
Banke u državnom vlasništvu koje surađuju
The Board of Supervisors of the key State-owned financial institutions is appointed according to the ‘Interim Regulations of Board of Supervisors of State-owned Key Financial Institutions’.
Odgovore na upitnike, koji su provjereni na terenu, dostavile su sljedeće tri banke u državnom vlasništvu: EXIM, ABC, i BOC.
Based on Articles 3 and 5 of these Interim Regulations, the Commission established that Members of the Board of Supervisors are dispatched by and accountable to the State Council, thus illustrating the institutional control of the State on the cooperating state-owned banks' business activities.
Vlasništvo i formalni pokazatelji kontrole kineske vlade
In addition to these generally applicable indicia, the Commission found the following with respect to the three state-owned banks:
Na temelju informacija koje je primila u odgovorima na upitnike i tijekom posjeta radi provjere Komisija je utvrdila da je kineska vlada izravno ili neizravno posjedovala više od 50 % dionica u svakoj od tih financijskih institucija.
EXIM was formed and operates in accordance with ‘The Notice of Establishing Export-Import Bank of China’ issued by the State Council, as well as the Articles of Association of EXIM.
U pogledu formalnih pokazatelja vladine kontrole nad tri banke u državnom vlasništvu koje surađuju Komisija ih je sve označila „ključnim financijskim institucijama u državnom vlasništvu”.
According to its Articles of Association, the State directly nominates the management of EXIM.
Konkretnije, u obavijesti „Privremeni pravilnik o nadzornim odborima u ključnim financijskim institucijama u državnom vlasništvu” navodi se sljedeće: „Ključne financijske institucije u državnom vlasništvu navedene u ovom pravilniku odnose se na banke za provedbu državne politike u državnom vlasništvu, poslovne banke, društva za upravljanje financijskom imovinom, društva za vrijednosne papire, osiguravajuća društva itd. (dalje u tekstu financijske institucije u državnom vlasništvu), kojima Državno vijeće određuje nadzorni odbor”.
The Board of Supervisors is appointed by the State Council in accordance with the ‘Interim Regulations on the Boards of Supervisors in Key State-owned Financial Institutions’ (State Council Decree No 282) and other laws and regulations, and it is responsible to the State Council.
Nadzorni odbor ključnih financijskih institucija u državnom vlasništvu imenuje se u skladu s „Privremenim pravilnikom o nadzornim odborima u ključnim financijskim institucijama u državnom vlasništvu”.
The Articles of Association also mention that the Party Committee of EXIM plays a leading and political core role to ensure that policies and major deployment of the Party and the state are implemented by EXIM.
Na temelju članaka 3. i 5. tog Privremenog pravilnika Komisija je utvrdila da Državno vijeće određuje članove nadzornog odbora i da mu oni odgovaraju, čime se pokazuje da država ima institucionalnu kontrolu nad poslovnim aktivnostima banaka u državnom vlasništvu koje surađuju.
The Party's leadership is integrated into all aspects of corporate governance.
Osim tih općenito primjenjivih pokazatelja Komisija je utvrdila sljedeće u pogledu tri banke u državnom vlasništvu:
The Articles of Association further state that EXIM is dedicated to supporting the development of foreign trade and economic cooperation, cross-border investment, the One Belt One Road Initiative, cooperation in international capacity and equipment manufacturing.
EXIM je osnovan i djeluje u skladu s „Obaviješću o osnivanju Kineske izvozno-uvozne banke” koju je izdalo Državno vijeće te Statutom EXIM-a.
Its scope of business includes short-term, medium-term and long-term loans as approved and in line with the state's foreign trade and ‘going out’ policies, such as export credit, import credit, foreign contracted engineering loans, overseas investment loans, Chinese government foreign aid loans and export buyer loans.
Prema Statutu EXIM-a država izravno imenuju njegovu upravu.
As mentioned in Article 137 of ABC's Articles of Association, the GOC, in its capacity of main shareholder holding 79,62 %, has the power to appoint all of the Directors in the Board of Directors.
Državno vijeće imenuje nadzorni odbor u skladu s „Privremenim pravilnikom o nadzornim odborima u ključnim financijskim institucijama u državnom vlasništvu” (Dekret Državnog vijeća br. 282) i drugim zakonima i propisima te mu je nadzorni odbor odgovoran.
The same applies to the Board of Supervisors according to Article 204 of the Articles of Association.
U Statutu se navodi i da partijski odbor EXIM-a ima vodeću i političku ključnu ulogu radi osiguravanja da EXIM provodi politike i glavne inicijative Partije i države.
Moreover, according to ABC's Articles of Association, the Board of Directors determines the strategy of the bank, decides on the budget of the bank, takes investment decisions, appoints the President and the Board Secretary of the bank, and establishes and monitors the risk management system of the bank.
Vodstvo Partije uključeno je u sve aspekte korporativnog upravljanja.
This non-exhaustive list of responsibilities illustrates the institutional control of the State on ABC's daily business.
U Statutu se nadalje navodi da je EXIM usmjeren na potporu razvoju vanjske trgovine i gospodarske suradnje, prekograničnih investicija, inicijative „Jedan pojas, jedan put”, suradnje u međunarodnom svojstvu i proizvodnji opreme.
The Commission also found that state-owned financial institutions, including ABC and BOC, have changed their Articles of Associations in 2017 to increase the role of the China Communist Party (‘CCP’) at the highest decision-making level of the banks.
Njegov opseg poslovanja uključuje kratkoročne, srednjoročne i dugoročne zajmove kako su oni odobreni i u skladu s državnim politikama vanjske trgovine i ulaganja u inozemstvu, kao što su izvozni krediti, uvozni krediti, zajmovi za inozemne inženjerske usluge, zajmovi za prekomorska ulaganja, zajmovi kineske vlade za inozemnu pomoć i izvozni kupovni zajmovi.
These new Articles of Association stipulate that:
Kako je navedeno u članku 137.
the Chairman of the Board of Directors shall be the same person as the Secretary of the Party Committee;
Statuta ABC-a, kineska vlada u svojstvu većinskog dioničara s udjelom od 79,62 % ima ovlast imenovati sve direktore u upravnom odboru.
the CCP's role is to ensure and supervise the Bank's implementation of policies and guidelines of the CCP and the State; as well as to play a leadership and gate keeping role in the appointment of personnel (including senior management); and
Isto se odnosi i na nadzorni odbor u skladu s člankom 204.
the opinions of the Party Committee shall be heard by the Board of Directors for any major decisions to be taken.
Statuta.
As mentioned in Article 125 of the Articles of Association, the GOC, in its capacity of main shareholder holding 64,63 %, has the power to appoint both the executive and the non-executive Directors of the bank, which constitute the Board of Directors.
Štoviše, u skladu sa Statutom ABC-a, upravni odbor utvrđuje strategiju banke, donosi odluke o proračunu banke i ulaganjima, imenuje predsjednika i tajnika upravnog odbora banke te uspostavlja i prati sustav upravljanja rizikom banke.
Moreover, according to BOC's Articles of Association, the Board of Directors decides, inter alia, the financial institution's strategic principles, business plans and major investment plans, appoints or dismisses senior staff such as the President and Secretary of the Board, the Vice President, and other senior management personnel.
Taj otvoreni popis obveza dokaz je institucionalne kontrole države nad svakodnevnim poslovanjem ABC-a.
The Board further decides on the implementation of resolutions at the shareholders' meeting, and approves corporate governance policies.
Komisija je utvrdila i da su financijske institucije u državnom vlasništvu, uključujući ABC i BOC, promijenile svoje statute 2017. kako bi povećale ulogu Komunističke partije Kine („KPK”) na najvišoj razini donošenja odluka u bankama.
This non-exhaustive list of responsibilities illustrates the institutional control of the State on BOC's daily business.
U tim se novim statutima propisuje sljedeće:
In addition, the new stipulations concerning the role of the CCP mentioned in recital (181) above also apply to BOC.
funkciju predsjednika upravnog odbora obnaša tajnik Partijskog odbora;
Evidence showing that the Government exercised meaningful control over the conduct of those institutions
KPK osigurava da banka provodi politike i smjernice KPK-a i države te nadzire tu provedbu; te ima ulogu vodstva i nadzora nad imenovanjem osoblja (uključujući više rukovodstvo); i
The Commission further sought information about whether the GOC exercised meaningful control over the conduct of the three cooperating state-owned banks with respect to their lending policies and assessment of risk, where they provided loans to the tyres industry.
upravni odbor uzima u obzir mišljenja Partijskog odbora u pogledu svake velike odluke koju treba donijeti.
The following regulatory documents have been taken into account in this respect:
Kako je navedeno u članku 125.
Article 34 of the Law of the PRC on Commercial Banks (‘Bank law’);
Statuta, kineska vlada u svojstvu većinskog dioničara s udjelom od 64,63 % ima ovlast imenovati izvršne i neizvršne direktore banke koji čine upravni odbor.
Article 15 of the General Rules on Loans (implemented by the People's Bank of China)
Štoviše, u skladu sa Statutom BOC-a, upravni odbor, među ostalim, donosi odluke o strateškim načelima financijske institucije, poslovnim planovima i glavnim planovima ulaganja, imenovanju ili otpuštanju višeg osoblja kao što su predsjednik i tajnik upravnog odbora, potpredsjednik i ostali viši rukovoditelji.
Chapter 4 of the 13th Five-year Petrochemical Plan,
Odbor donosi daljnje odluke o provedbi odluka skupštine dioničara i odobrava politike korporativnog upravljanja.
Decision No 40;
Taj otvoreni popis obveza dokaz je institucionalne kontrole države nad svakodnevnim poslovanjem BOC-a.
Preamble to the Tyres Industry Policy
Osim toga, nove odredbe o ulozi KPK-a prethodno navedene u uvodnoj izjavi 181. odnose se i na BOC.
Implementing Measures of the China Banking Regulatory Commission (‘CBRC’) for Administrative Licensing Matters for Chinese-funded Commercial Banks (Order of the CBRC [2017] No 1)
Dokazi koji pokazuju da je vlada provodila znatnu kontrolu nad ponašanjem tih institucija
Implementing Measures of the CBRC for Administrative Licensing Matters relating to Foreign-funded Banks (Order of the CBRC [2015] No 4)
Komisija je nadalje zatražila informacije o tome je li kineska vlada provodila znatnu kontrolu nad ponašanjem te tri banke u državnom vlasništvu koje surađuju u pogledu njihovih politika davanja zajmova i procjene rizika kada su dale zajmove industriji guma.
Administrative Measures for the Qualifications of Directors and Senior Officers of Financial Institutions in the Banking Sector (CBRC [2013] No 3)
U tom su pogledu u obzir uzeti sljedeći regulatorni dokumenti:
Reviewing these regulatory documents, the Commission found that financial institutions in the PRC are operating in a general legal environment that directs them to align themselves with the GOC's industrial policy objectives when taking financial decisions, for the following reasons.
članak 34.
With respect to EXIM, its public policy mandate is established in the notice of establishing the Import Export Bank of China as well as in its Articles of Association.
Zakona NRK-a o poslovnim bankama („Zakon o bankama”),
At the general level, Article 34 of the Bank law, which applies to all financial institutions operating in China, provides that ‘Commercial banks shall conduct 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’.
članak 15.
Although Article 4 of the Bank Law states that ‘Commercial banks shall, pursuant to law, conduct business operations without interference from any unit or individual.
Općih pravila o zajmovima (koje provodi Narodna banka Kine),
Commercial banks shall independently assume civil liability with their entire legal person property’, the investigation showed that Article 4 of the Bank law is applied subject to Article 34 of the Bank law, i.e. where the State establishes a public policy the banks implement it and follow State instructions.
poglavlje 13. petogodišnjeg plana za petrokemijsku industriju,
In addition, Article 15 of the General Rules on Loans provides: ‘In accordance with the State's policy, relevant departments may subsidize interests on loans, with a view to promoting the growth of certain industries and economic development in some areas.’
Odluka br. 40,
Following the disclosure of the Information Document, the GOC commented that the Commission had misinterpreted Article 34 of the Bank law.
preambula politike za industriju guma,
Article 34 should not be read in isolation, and Article 4, being part of the General Provisions, has an overarching effect over the remaining articles of the law.
Provedbene mjere Kineskog bankarskog regulatornog tijela („CBRC”) za pitanja izdavanja administrativnih odobrenja za poslovne banke s kineskim kapitalom (Uredba CBRC-a [2017.] br. 1),
However, the findings of this investigation (as well as the Commission's findings in previous investigations concerning the same subsidy programme) did not support the claim that banks do not take government policy and plans into account while making lending decisions.
Provedbene mjere CBRC-a za pitanja izdavanja administrativnih odobrenja koja se odnose na banke sa stranim kapitalom (Uredba CBRC-a [2015.] br. 4),
It rather confirmed the contrary, as has been described in recitals (202) to (206) below.
Administrativne mjere za kvalifikacije direktora i viših službenika financijskih institucija u bankarskom sektoru (CBRC [2013.] br. 3).
Therefore, the Commission found that Article 4 of the Bank law did not prevent commercial banks from taking government industrial policy and plans into account.
Pregledom tih regulatornih dokumenata Komisija je utvrdila da financijske institucije u NRK-u posluju u općem pravnom okruženju u kojem ih se usmjerava da se pri donošenju financijskih odluka usklade s ciljevima industrijske politike kineske vlade zbog sljedećih razloga.
The GOC also requested to disregard Article 15 of the General Rules on Loans, since it was established more than 20 years ago, and has remained inactive for a long period.
Kad je riječ o EXIM-u, njegova je zadaća u području javne politike utvrđena u obavijesti o osnivanju Kineske uvozno-izvozne banke te u njegovu statutu.
However, the GOC at the same time acknowledged that the General Rules on Loans had not been formally repealed yet.
Općenito, člankom 34.