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The trade friction around the upstream and downstream products of photovoltaics has not been terminated because of China’s incompetence.
Following the announcement by the Ministry of Commerce on January 20th of the final ruling on China's imports of solar-grade polysilicon anti-dumping investigations against the United States and South Korea, on January 23, the US Department of Commerce decided to launch anti-dumping and countervailing investigations on Chinese PV products exported to the United States.
Subsequently, on January 24th, the Ministry of Commerce announced the preliminary results of the anti-dumping investigation on imported solar-grade polysilicon in the European Union. It ruled that the imported solar-grade polysilicon originated in the EU was dumped, and the Chinese polysilicon industry suffered substantial damage and dumped. There is a causal relationship between the damages.
In response to this case, the Ministry of Commerce announced that, considering the special market situation in this case, the investigation authority decided not to implement temporary anti-dumping measures after the preliminary ruling. In this regard, the relevant informed sources disclosed to the "Securities Daily" reporter that in the preliminary ruling, the EU's largest polysilicon producer - Germany Wacker's ruling anti-dumping tax rate was 21.8%, the countervailing duty rate was 10.7%, A total of 33.5%. However, "there is a possibility of reconciliation in the future, that is, the price commitment between China and the EU." The above-mentioned person added.
The United States is making trouble again
Just at the end of the year-end, the anti-dumping and countervailing investigations of "you come to me" indicate that 2014 will still be the eventful event of China's photovoltaic industry.
In particular, the US Department of Commerce, after the US launched a double-reverse investigation on photovoltaic cells originating in China in November 2011, launched another round of counter-investigations on my PV products.
As early as November 2011, the US decided to impose a “double-reverse†tariff on photovoltaic cells imported from China. Among them, the anti-dumping tax rate is set at 18.32% to 249.96%; the countervailing duty rate is set at 14.78% to 15.97%. At that time, this ruling meant that Chinese PV companies would export from the Chinese mainland to the US market, at least to increase the tariff burden by more than 30%.
However, at that time, China's photovoltaics also sought remedial measures, namely through the production of tax barriers in the third-party countries.
The relevant person in charge of a well-known photovoltaic enterprise introduced to the "Securities Daily" that "in the past, by insisting on production in third-party countries, we can still switch the tax barriers and not have to be levied 'double-reverse' tariffs. But this time it will not work, on the one hand It is the United States' 'double anti-' not only for the previous photovoltaic cells, but covers almost all photovoltaic products; on the other hand, this US 'double anti-' target includes all components produced in China. The cover door was completely closed."
"Like the trade disputes that took place in 2013, we will actively cooperate with the management to launch a response and defense, with a view to reversing the US ruling. The only good news is that this 'double anti-' is the basis for the large-scale launch of China's domestic PV market. Above, its impact on China's photovoltaics will not be as dramatic as it used to be," said the source.
Serious concern of management
On January 23, the head of the Import and Export Fair Trade Bureau of the Ministry of Commerce of China stated that China and the United States, as the two largest economies in the world, are committed to promoting clean energy development, adjusting energy structure and promoting sustainable development. Under the guidance of this common philosophy and goal, both China and the United States are actively promoting the development of photovoltaic power generation technology and applications, and have now become the world's two emerging markets. The Sino-US PV industry has a high degree of integration, and the cooperation has broad prospects. The two sides should focus on the overall situation of clean energy development, take advantage of the trend, and strive to promote cooperation to ensure stable development, rather than frequently adopt trade remedy measures to limit competition and cooperation. Facts have proved that the US filing in 2011 and the addition of a high double-counter tax rate have not only failed to change the situation of poor industrial management and weak competitiveness in the United States, but have had a major negative impact on downstream assembly and service industries, and have triggered global The chain reaction of the internal photovoltaic trade dispute has caused the entire industrial chain to fall into chaos. To this end, China once again urged the US to prudently handle the current double-reverse investigation and take prudent measures to terminate the investigation process. China will pay close attention to the progress of the case, assess its impact on the Chinese PV industry, and resolutely use various mechanisms to safeguard its rights.
The person in charge pointed out that dialogue and consultation are effective ways to resolve trade frictions and achieve mutual benefit and win-win results. It is also the consistent position that China has adhered to. It is hoped that the US side will use trade remedy measures with caution, conduct frank dialogues and consultations with China, and work in tandem to properly resolve trade disputes and achieve common development of the photovoltaic industry in both countries.
It is noteworthy that even during the anti-dumping investigation conducted by China on the import of polysilicon from the United States and South Korea, the United States and South Korea can continue to “save the country with curves†and continue to export related products to China. According to the data of November 2013, China imported 2,033 tons of polysilicon from processing trade in South Korea, accounting for 71% of the total imports from South Korea. Since the United States imported 2,365 tons of polysilicon by processing trade, it has accounted for the total imports from the United States. 98%.
This means that the United States and South Korea are using China's processing trade to enter and leave the "empty" that does not levy tariffs, and evade punitive tariffs.
The United States is once again launching a larger range of PV double-reverse
The person in charge of a well-known photovoltaic company introduced that the goal of the US “double-reverse†included all the components produced in China, which is equivalent to the United States completely shutting down the half-masked door.