Business / Economy

China's PV industry opposes US investigation

(Xinhua) Updated: 2014-05-22 10:11

China's PV industry opposes US investigation

SHANGHAI - China's photovoltaic (PV) industry issued a statement on Wednesday, opposing the United States' second anti-dumping investigation on Chinese PV products.

Representatives from the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, China Renewable Energy Industry Association, China PV Industry Alliance and major manufacturers including Yingli Solar, Trina Solar pushed down a symbolic "wall of trade barriers" at a press conference in Shanghai on Wednesday.

The joint statement called for the US and China to solve the disputes through negotiations.

Chinese PV products are well received in the world for their low cost and efficiency, high quality and comprehensive after-sales services, without dumping and illegal subsidies at all, according to the statement.

Trade protectionism seriously hinders the industry development and will affect the development of US real economy and employment, it said.

On Feb 14 this year, the US International Trade Commission (USITC) determined an affirmative indication regarding injury to the US industry as part of the new anti-dumping (AD) and counterveiling duty (CVD) petitions against PV products from the Chinese mainland and Taiwan.

It was the second US investigation against Chinese PV products after a similar one in 2011, which seriously affected the Chinese PV industry and hindered the development of US PV application market.

The Chinese PV industry has been recovering since the second half of 2013 but encountered the unexpected second US investigation in February.

The US Department of Commerce is expected to release the preliminary CVD investigation result on June 2 and the preliminary AD investigation result on July 28 and release final results on Dec 11. The USITC will determine whether to levy taxes on Jan 26, 2015.

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