Latest News:  
Beijing   Cloudy/Overcast    27 / 22 ℃  City Forecast

Home>>China Business

EU trade remedies on Chinese PV products will hurt cooperation: MOC


08:19, June 27, 2012

BEIJING, June 26 (Xinhua) -- China's Ministry of Commerce (MOC) on Tuesday voiced deep concerns over European solar panel makers' bid for a trade remedy investigation against Chinese photovoltaic products.

If the EU launches trade remedies against photovoltaic products imported from China, it will hurt cooperation between European and Chinese enterprises, MOC spokesman Shen Danyang said at a regular press conference.

The move will also weigh against the development of both upstream and downstream industries of the eurozone's photovoltaic sector, and in turn hinder low-carbon efforts, Shen said.

"China hopes that the EU will carefully proceed with the matter," he said.

Shen said China shares complementary advantages with many other countries in developing the photovoltaic industry.

According to Shen, 20 percent of China's polysilicon imports worth 764 million U.S. dollars were from Germany last year, while 45 percent of its photovoltaic equipment imports were from EU countries.

Regarding the European Union's accusation that the Chinese mobile network equipment Huawei and ZTE have benefited from illegal state subsidies, Shen said that such a claim was unwarranted and unreasonable.

The two companies are running their businesses in a domestic market open to competition, and have gained their global competitiveness through active research and upgrading, the spokesman said.

He said European telecommunications equipment companies that have operated in China for years share significant business interests with their Chinese counterparts.

"China doesn't want to see such a win-win situation undermined or disrupted," Shen said.

China and the EU should strengthen policy coordination, properly handle trade disputes and stay restrained on trade protection measures, so as to create a good business environment and maintain bilateral trade cooperation, he noted.


Leave your comment0 comments

  1. Name


Selections for you

  1. 4th Minorities Art Festival kicks off in Beijing

  2. S. Korea holds military exercise in Chungcheong

  3. Kunming Changshui Int'l Airport to be open

  4. Strong downpours batters Jiangxi province

Most Popular


  1. Leftover men to be a big problem
  2. A symbol of affluence or a trap of luxury?
  3. Premier's visit sign of close ties with region
  4. Property necessary pill for economy
  5. Chinese banks must go global
  6. Putin's visit to Israel more symbolic than strategic
  7. Syria's new government faces escalation of tension
  8. Trade is tool to fix global economy
  9. Skyscraper frenzy brings loan risks to new heights
  10. China to 'maintain 8% growth for over 20 years'

What's happening in China

Training of detection dogs in NW China

  1. A brief guide to manly work and equality
  2. King's hill mausoleum points to lavish dreams
  3. Driven to distraction on wheels
  4. Cut in fuel prices expected
  5. China stocks slump on lingering eurozone worries

China Features

  1. Eurozone should move forward or it will fall over
  2. Food safety rumors have significant social impact
  3. Life in drug rehabilitation center in Hebei
  4. China's first private Perfume Museum
  5. Mengshan Mountain Giant Buddha

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai