The Ministry of Finance and the Ministry of Economic Affairs must take action and assist the domestic beer industry amid declining market share due to competition from cheap beer imported from China, Democratic Progressive Party (DPP) lawmakers said on Friday.
The market share of Chinese beer in Taiwan has increased to 39 percent, while the share for domestic beer was at 36 percent, DPP Legislator Kuo Kuo-wen (郭國文) said.
“There is a real risk of further intrusion by Chinese goods associated with the ‘red supply chain,’ which could endanger our national and economic security,” he said, adding that there was evidence that many of Chinese breweries receive large financial incentives and subsidies from the Chinese government.
Photo: Liao Chen-huei, Taipei Times Photo: Liao Chen-huei, Taipei Times Warning: Excessive consumption of alcohol can damage your health
The ministries should compile reports on the beer industry in Taiwan and come up with ways to boost domestic brewers’ market share, Kuo said.
DPP Legislator Hsu Fu-kuei (徐富癸) said that in the first half of the year, the market share of domestic beer declined to 36 percent.
“Although the Ministry of Finance imposed anti-dumping duties on Chinese-made beer on July 3, imports of beer last month increased by 27 percent compared with the same period last year,” Hsu said. “These figures point to serious issues.”
“Growth in the volume of imported beer was higher than the increase in their value, indicating that the beer imports were low to medium-priced products,” Hsu said.
He cited as an example Chinese-made Bar Beer and Busch Snow Mountain Beer, which face anti-dumping duties of 13 percent and 33 percent respectively, saying that the tariffs were still too low and had little effect in deterring China from dumping in low-priced beer in Taiwan.
“Even after imposing anti-dumping duties, this did not stop their sales promotion, low prices and volume discounts,” Hsu said.
DPP Legislator Chung Chia-pin (鍾佳濱) said that Chinese beer companies were also falsely marketing their products as being made in the US, Japan or Taiwan, and called on government agencies to amend the Regulations Governing Trade Between the Taiwan Area and the Mainland Area (台灣地區與大陸地區貿易許可辦法) to ensure clear labeling of products’ country of origin.
National Treasury Administration deputy head Lin Hsiu-yen (林秀燕) said the agency would discuss adjusting duties on the import of ingredients for beer production.
Bureau of Foreign Trade official Huang Ching-hsuan (黃?萱) said they would coordinate with the finance ministry to provide guidance for the beer industry, and discuss possible additional conditions importers must meet to obtain permits to sell in Taiwan.
FUKUOKA SITUATION: Japanese media reported that the pathogen is expected to be identified by the summer, while the CDC downplayed the idea that it was hMPV A “mysterious cold-like illness” reported in Japan’s Fukuoka Prefecture does not seem to be a new disease, but Japanese authorities have been asked about the situation, the Centers for Disease Control (CDC) said yesterday. The Fukuoka Prefectural Medical Association on Wednesday told a news conference that a “mystery cold” that has become a hot topic on social media is “highly likely to be caused by some kind of viral infection,” Japan’s KBC News reported. “Many people are experiencing symptoms starting with a sore throat, followed by a runny nose, phlegm and a severe cough,” KBC News reported, citing association officials. Health authorities are
Nvidia Corp CEO Jensen Huang (黃仁勳) arrived in Taiwan yesterday ahead of upcoming AI and technology events, saying he plans to meet with clients and Taiwan Semiconductor Manufacturing Co Chairman C.C. Wei (魏哲家) during his visit. After landing at Taipei Songshan Airport, Huang posed for photos with fans and handed out Yakult drinks to reporters and supporters waiting at the scene, saying he has “a lot to do” during the trip. Asked about reports that Nvidia’s planned headquarters site in Taipei’s Beitou Shilin Technology Park could break ground on May 27, Huang said that if the company holds an event, he would
The Ministry of Finance this afternoon announced the winning numbers for the March-April uniform invoice lottery. The winning number for the NT$10 million (US$318,060) special prize is 19531471, and the winning number for the NT$2 million grand prize is 85941329. Three numbers were drawn for the NT$200,000 first prize: 07225810, 20231230 and 83518781. Those with receipts matching the last seven digits of any of the first-prize numbers will win the NT$40,000 second prize, while those matching the last six digits will win the NT$10,000 third prize. Those whose receipts match the last five digits of the first-prize numbers can claim the NT$4,000 fourth prize,
SIX SUBSIDIES: The monthly allowance for older farmers is to increase to NT$10,000, and NT$5,000 is to be given to homemakers under the national pension system, Lai said The government is to implement major welfare policies for disadvantaged groups, including raising the monthly allowance for older farmers to NT$10,000 and providing homemakers with NT$5,000 per month, President William Lai (賴清德) said yesterday. Lai made the remarks during a visit to Wangling Temple in Chiayi County, saying that the planned increases were being introduced amid economic growth and an increase in tax revenue. Touting a policy, in which the government plans to provide a monthly allowance of NT$5,000 for every child under the age of 18 in a bid to address Taiwan’s low birthrate, Lai said that if received for the