With the growth and development of the international economy, subsidies and countervailing measures become one of the most important legal issues under the World Trading System. And the export in China has been increasing these years. Consequently, the export products from China are facing more and more investigations. It is obvious that the investigations of countervailing measures are more frequently. Thus, the government and the enterprises should make full preparations for the subsidies lawsuits.
This paper will focus on the theory and practice of subsidies under the WTO system by analyzing the actual cases involving subsidies and countervailing measures. And more importantly, due to the recent years anti-subsidies investigations against China, this dissertation will analyze the reason of these investigations and how to respond to them.