Trade disputes causing damage to all and bringing about big changes
The solar trade disputes between China and Europe triggered increasing attention globally in 2012 and will continue to bring deep changes to the industry.
"The trade conflicts in the photovoltaic solar industry between China and Europe should end as soon as possible because it is bad for everyone," said Reinhold Buttgereit, secretary-general of the European Photovoltaic Industry Association.
He made the comment to China Daily during the 2012 Intersolar China Conference in December, one month after Europe initiated an anti-subsidy investigation on solar panels imported from China, in addition to the anti-dumping probe it launched in early September.
He said the association had suggested the European Union should accelerate the investigations into China's PV solar products.
"I hope this conflict won't take too long to come to an end because we will have to cooperate again eventually, no matter who wins," said Buttgereit.
Because Europe is China's largest overseas market for PV solar panels, accounting for more than 70 percent of the country's exports, the anti-dumping and anti-subsidy investigations started by the EU could hurt the Chinese solar industry more severely than a US probe launched in October.
About one year after the United States' arm of the Germany-based company SolarWorld AG complained that Chinese producers were dumping solar products at below the cost of production in the US and receiving "illegal" government subsidies, the US decided in November to impose punitive tariffs on Chinese PV solar products, with the highest one at about 250 percent, over the next five years.
China's social trust index declined further last year, according to the Annual Report on Social Mentality of China 2012