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

English>>China Business

Officials seek talks with EU over solar trade probe

By Liu Yiyu  (China Daily)

13:40, August 23, 2012

The European Commission is likely to launch an anti-dumping investigation against China's solar industry, the China New Energy Chamber of Commerce said on Wednesday as it called for dialogue to settle the dispute.

"The aftermath of Europe's investigation once launched will be much more severe than the one initiated by the US," said Liu Hanyuan, vice-president of the chamber, which represents China's private sector in the field of new energy.

Europe is China's largest solar market, and accounts for about 70 percent of the global market.

"Meanwhile, China is still importing key equipment for solar-product manufacturing from Germany, as well as polysilicon, a key material in the photovoltaic industry," Liu said.

China imported 40,000 tons of polysilicon in the first half of the year, an increase of 34 percent and a new high, according to latest figures from the General Administration of Customs.

Germany accounts for 20 percent of the imports. Wacker Chemie AG, the Germany-based polysilicon maker and the world's second-largest, is opposing the filing, which seeks import tariffs on solar goods from China.

"We are convinced that protectionist measures will not help the domestic solar industry, but rather impair the photovoltaic technology's future prospects," the company said in a statement.

China is Wacker Chemie's second-largest market, representing about 20 percent of its global sales in 2011.


【1】 【2】



News we recommend:
Prices fly for Angry Birds' merchandise Wine imports give Chinese firms a hangover Spirited into the world of e-commerce
E-shopping fuels domestic consumption China's firms bigger but not necessarily better China's beauty industry profits from a makeover
Taxing times for China's tax reformers  Experts divided on yuan’s future [Audio]Soccer in China Part III: The Business Side

Email|Print|Comments(Editor:李倩、厉振羽)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. APF forest detachment conducts military training

  2. Japan's Self-Defense Force holds live-fire military exercise

  3. More new grads opt for State firms

  4. Scenery along the Pearl River, Guangzhou

  5. 24 Of The Hottest Body Paint

  6. How to marry a billionaire

Most Popular

Opinions

  1. The not so curious case of single women
  2. Editorial: Solution to trade war
  3. 'Made in SE Asia' doesn't doom China
  4. Once warm Sino-Soviet relationship can be revived
  5. Editorial:Corporate competitiveness
  6. WTO membership win-win step for Russia, world
  7. More representative delegates
  8. Do ratings agencies buoy Italy's optimism?
  9. Right move in VAT direction

What's happening in China

Mengniu manager accused of fraudulent labeling

  1. Desperate bid to save Yangtze river pig
  2. Panda Bao Bao dies in Berlin Zoo at 34
  3. 20 stand trial in China in "gutter oil" case
  4. Lawyers want to track transport card deposits
  5. Two typhoons to hit coastal areas

China Features

  1. Classic routes for domestic self-driving tours
  2. Billionaires' marriage-seeking attracts women
  3. Top three nourishing foods in autumn
  4. Experts divided on yuan's future
  5. Unforgettable records of London Olympic Games

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