Latest News:  
Beijing   Cloudy    28 / 20 ℃  City Forecast

English>>China Business

Energy industry group calls for policy support

By Zhao Qian (Global Times)

08:32, September 25, 2012

Chinese authorities need to release supportive policies to rescue domestic solar energy enterprises, which may be forced to flee out of the country because of EU's pending anti-dumping measures, a leader of a national industry organization which represents 500 energy enterprises told the Global Times Monday.

"Some enterprises are thinking about setting up plants in the EU and the US to avoid anti-dumping measures," said Zeng Shaojun, secretary-general of the China New Energy Chamber of Commerce (CNECC).

"In that condition, China's solar industry will gradually move out of the country, which will be a big loss to the domestic economy," Zeng noted.

After the EU accused China earlier this month of dumping solar panels in its market, both Chinese enterprises and government have made various efforts to ease the confrontation. But no final decision has been made so far.

"It is possible that some solar energy enterprises may transfer their plants to foreign countries to evade anti-dumpling action like high duties," Wang Zhixin, director of communications department at Yingli Green Energy Holdings Co, a leading solar panel firm in China, told the Global Times.

Over 80 percent of China's domestic solar energy enterprises stopped production and around 80 percent of their employees lost their jobs or suspended work after the US recently launched a similar case, said Liu Hanyuan, board chairman of Tongwei Group, a new energy company, last month.

He added that the consequences will be hard to contemplate if the EU, the largest importer, decides to impose anti-dumping measures.

【1】 【2】

News we recommend:
China, US battle over auto parts New Silk Road future of trans-Eurasian freight Islands 'purchase' hurts major industry sectors
Global mobile brands find lines busy in China NDRC raises fuel prices Gearing up for knowledge economy
Grape expectations from Argentina  Secrets of the Chinese travelers Secrets of a successful PE firm


Leave your comment0 comments

  1. Name


Selections for you

  1. PLA Special Forces in island landing and detection drill

  2. Different faces, different lives

  3. New Silk Road future of trans-Eurasian freight

  4. National Peasants' Game in China

  5. Kitten's world

  6. Most precious diamonds around world

Most Popular


  1. Microsoft wisely teams with Beijing to fight piracy
  2. Japan needs examination of wartime aggression
  3. Is Chinese economy sliding into dangerous position?
  4. Naval expert: Aircraft carrier will play a major role
  5. No protests can ever justify use of violent acts
  6. Prepare for long-term struggle over Diaoyu
  7. Gearing up for knowledge economy
  8. Editorial: Protectionism harmful
  9. US attack of Chinese autos baseless
  10. Stronger China-EU partnership benefits both sides

What's happening in China

Office staff fear falling elevators

  1. HK activists slam 'zone for rich'
  2. Taiwan civilian ship enters Diaoyu Islands waters
  3. China sees growing elderly 'empty-nesters'
  4. Quake emergency plan stresses quick response
  5. China stresses train punctuality during holidays

China Features

  1. Visual spectacle in the eyes of Chinese diplomats
  2. Focus on North Korea's schoolgirls
  3. US suffers 'Arab winter'
  4. To live an amazing life
  5. Survivors tell you how to survive traffic accidents

PD Online Data

  1. Ministry of Water Resources
  2. Ministry of Railways
  3. People's Bank of China
  4. Ministry of Health
  5. Ministry of Culture