European court ruling boost Chinese entrepreneurs' confidence

BEIJING, Nov. 20 (Xinhua) -- Chinese entrepreneurs will be boosted after an European Court of Justice ruling safeguarded their overseas rights and interests, according to China's commercial authorities on Tuesday.

On November 15, the court ruled on a trade dispute between a Chinese shoemaker and the European Commission. It overturned the six-year-long anti-dumping duties the commission imposed to Chinese shoe companies.

Commenting on the final ruling on Tuesday, Ministry of Commerce spokesman Shen Danyang said that China would continue to adopt legal means under the rules of the World Trade Organization (WTO) in trade disputes to protect the overseas interests of Chinese corporations.

The European Commission imposed the anti-dumping taxes to Chinese shoe producers in a bid to protect local manufacturers, in October 2006.

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