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People's Daily Online>>China Business

New energy exports face trade barriers (3)

By Ding Qingfen and Du Juan (China Daily)

09:35, November 17, 2011

Trade protectionism targeting China will be increasingly common, especially regarding high-end goods, Sun Zhenyu, the former Chinese ambassador to the World Trade Organization, said.

And protectionist measures taken by the US could be followed by the EU, said Jiang Heng, a researcher at the Chinese Academy of International Trade and Economic Cooperation under the Ministry of Commerce.

"If the global economy remains sluggish, it is possible that the EU will follow suit and also set up barriers for Chinese PV solar products."

During the past few years, China's new energy sector has witnessed rapid growth in output and exports. PV solar cells are primarily produced for export. Outstanding domestic growth in the sector threatens counterparts in developed regions, including the US, Zhang said.

Yingli Green Energy Holding Co is the third-largest solar panel maker in the world. The China-based company's sales in 2010 surged by 72 percent from a year earlier.

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