Latest News:  
Beijing   Sunny    31 / 20 ℃  City Forecast

English>>China Business

Solar panel makers call for efforts to counter EU investigations

(Xinhua)

08:07, August 15, 2012

BEIJING, Aug. 14 (Xinhua) -- China's major solar panel manufacturers have called for united efforts by government, industry and enterprises to cope with European Union (EU)'s anti-dumping investigations.

The Ministry of Commerce summoned the country's leading solar companies -- Yingli, Suntech, Trina and Canadian Solarto to Beijing to discuss a solution to the investigations, according to the Economic Information quoting unnamed sources.

The four companies delivered a report to the ministry calling on the government, industry and enterprises to work together and formulate necessary countermeasures against the EU dumping allegations.

Germany's SolarWorld and other European solar panel makers last month filed a complaint seeking import tariffs on Chinese-made solar products. There would be a 45-day period before EU's executive commission decides whether to start the investigations, ending in early September.

SolarWorld spearheaded a similar initiative in the U.S., leading the country to impose duties of about 31 percent on solar panel imports from China, in May. In response, China launched investigations into imported U.S. solar-grade polysilicon in mid-July.

China's solar products exports totaled 35.8 billion U.S. dollars in 2011, with the EU receiving a share of more than 60 percent, according to industry data.

Once the EU opens the investigations, China's solar industry will suffer a severe blow, risking output losses of 350 billion yuan (about 55 billion U.S. dollars) and 300,000 to 500,000 jobs losses, said Liang Tian, director of public relations at the Yingli Green Energy.

China's Ministry of Commerce earlier called the dumping allegations groundless, saying protectionist measures will harm the European solar industry.

"Amid global economic uncertainties, a stable free trade environment guarantees the common development of solar industries on both sides," the ministry said.

Data showed that the EU solar industry provides over 300,000 jobs for local people, and more than 80 percent are employed in the upstream and downstream industries, sectors that are most likely to be affected.

Shi Lishan, a top official at the National Energy Bureau, described the ongoing trade disputes over new energy as part of a global industrial revolution.

He also urged Chinese companies to foster the domestic market and step up power system reforms, in a bid to secure the sustainable development of new energy industries.

News we recommend:
Has the bear outstayed his welcome? Steel profits continue to suffer China has entered an era of low consumer prices
Firms should watch out for Internet threats China's property market to cool down: experts Why have people lost trust in data and indices?
US takes trade remedy actions against China  Chinese prefer foreign brands Mascot maker feels pinch of rising labor costs

Email|Print|Comments(Editor:厉振羽、张洪宇)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Chinese navy ships visit Israel's Haifa Port

  2. Japan nuclear disaster causes mutant butterfly

  3. A ruling in Europe gives cheer to China

  4. Art festival of "Switch on Beijing 2012"

  5. Dong Jie as rugby coach on Women's Health

  6. Creepy parasites in human bodies

Most Popular

Opinions

  1. Africa more attuned to partnership with China
  2. Japan's abstaining from shrine visit positive
  3. A ruling in Europe gives cheer to China
  4. Syrian crisis: clash between foreign powers
  5. Commentary: Banks need new culture
  6. Asian slowdown leaves Europe pondering
  7. Be wary of Japan’s radical acts on Diaoyu
  8. Editorial: Stable but slower growth
  9. Firms should watch out for Internet threats
  10. Why have people lost trust in data and indices?

What's happening in China

Officers describe shooting of armed robber suspect

  1. Web giants vow to eradicate online pornography
  2. Changyu wine products involved in pesticide rumor
  3. Historic palace site to be elevated
  4. Fire breaks out in Jiangsu pesticide factory
  5. Tropical storm Kai-Tak approaches south China

China Features

  1. Green is sustainable power for development
  2. How to remove odor on tableware?
  3. Be aware of air conditioning pollution
  4. People's Daily: World trade faces downside risks
  5. The Untold Stories on China's Sports Field

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