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EU China PV Anti-Dumping extended 18 months.

In March 2nd, the Commission announced the China photovoltaic anti-dumping and countervailing measures to extend the implementation of 18 months, at the same time to initiate a midterm review investigation to gradually reduce the level of measures, after the commencement of the decision in March 5 published in the official gazette, which means that the EU to China double reverse measures have been extended to the formal implementation of yesterday.

In this regard, the Ministry of Commerce Trade Remedy investigation bureau director Wang Hejun said, the EU regardless of a number of Member States and the industry as well as against Chinese industry, still decided to extend the measure. I hope the Commission to take practical action to properly handle the follow-up matters as soon as possible to completely terminate the photovoltaic double reverse measures. At the same time, the Ministry announced in March 2nd 2016 "China photovoltaic industry operation" pointed out that, to accelerate the expansion of Chinese global PV industry competitive advantage, to encourage enterprises to actively develop photovoltaic in South America, West Asia, Africa and other emerging markets.

It is worth noting that the EU had two pairs of Chinese PV companies indeed caused great impact. However, with the opening of the domestic PV market, China has become the world's largest PV market, at the same time, a large number of photovoltaic enterprises in overseas factories, the EU's impact on China's PV double reverse is not as good as before.

The extension of China PV double reverse

In July 2012, the EU enterprises to the European Commission formally submitted the investigation on China photovoltaic products anti-dumping case application. After more than a year of investigation of negotiations, the EU in December 2013 to make a final ruling, ruled that the anti-dumping tax rate of 27.3% to 53.4% China photovoltaic products, anti subsidy tax rate of 3.5% to 11.5%.

However, after high China and EU negotiations, the EU on China PV dual to the price commitment mechanism, the so-called price commitment refers to a minimum price of Chinese photovoltaic products exports to the EU, in order to prevent China enterprises in dumping and subsidies in the EU sales.

In the Chinese photovoltaic enterprises expect previously set to Chinese photovoltaic double reverse at the beginning of this year will expire, the European Commission announced in March 2nd China PV anti-dumping and countervailing measures to extend the implementation of 18 months, at the same time to initiate a midterm review investigation to gradually reduce the level of measures.

For the EU to extend China's photovoltaic double reverse for 18 months, the Commerce Department of trade relief Investigation Bureau, said Wang Hejun, director of the PV price commitment is a successful solution to the trade friction between China and the EU model. Under the joint efforts of both sides, the price commitment is running smoothly and effectively balance the interests of both sides. I hope the Commission to take practical action to properly handle the follow-up matters as soon as possible to completely terminate the photovoltaic double reverse measures, avoid the recovery of the photovoltaic normal international trade barriers, to avoid the negative influence on the development of China EU economic and trade relations.

In March 3rd, import and Export Chamber of commerce also released "on the review of the EU PV dual case sunset review final period and investigation statement China electromechanical products". The statement pointed out that the EU photovoltaic downstream application industry compared to the end of the component manufacturing to create more jobs and economic value added, while the upstream equipment manufacturing industry is also a key part of the EU wisdom made. Double reverse measures increased the EU PV sluggish market demand, the development of downstream industries to bring resistance, therefore, the double reverse measures by the EU on the upstream and downstream enterprises and related industry organizations strongly opposed. Continue to extend the measure of the EU industry over protection, but also in favor of the overall development of the European Photovoltaic Industry and global environmental protection cause.

The State encourages enterprises to develop overseas

Statistics from the China Chamber of Commerce for import and export of mechanical and electrical products show that in 2016 China's solar equipment exports fell 10%.

It can be seen that the EU PV dual anti PV products in China has caused a certain impact on exports. But in the industry view, at present China is already the world's largest PV market, the EU continues to implement China's photovoltaic double reverse, no longer the same as in previous years to the Chinese PV companies caused a huge impact.

The EU market is an important market for China's photovoltaic products exports, but not the largest market, China's PV market has opened last year, installed capacity of more than 34GW, has become the world's largest PV market. The domestic PV market opened, so many photovoltaic enterprises do not have to rely on the EU market, so the EU announced to continue to implement the dual China photovoltaic, affect China photovoltaic enterprises, but not as imagined so much." Liao Wei, vice president of a large photovoltaic enterprises in Jiangsu, the daily economic news reporter said.

According to the Ministry released in March 2nd 2016 "Chinese photovoltaic industry operation" shows that in 2016 the total output value of China's photovoltaic industry reached 336 billion yuan, an increase of 27%, thus Chinese photovoltaic market prospect.

At the same time, for the EU's double reverse, China's photovoltaic companies are not passive acceptance. In the country under the encouragement of photovoltaic more and more enterprises begin to go out, Trina Solar, jinkosolar, GCL began in overseas factories, continue to export to EU photovoltaic products through overseas channels.

Liao Wei told the "daily economic news" reporter said, "at the national level to encourage photovoltaic enterprises to go out, especially for The Belt and Road countries along the layout of PV business, which can effectively avoid the EU double reverse, also in line with the national development strategy, so more and more Chinese photovoltaic enterprises began to go out."

Reporters learned from a number of photovoltaic companies, in addition to the EU market, China PV enterprises have begun to actively explore the Southeast Asian market, has achieved good results.

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