U.S.-China Photovoltaic Double-Antrum Sticks Raise Height Trade Barrier

The United States' final decision on the "double reverse investigation" of Chinese PV products finally settled yesterday. In the early hours of Beijing time yesterday morning, the US Department of Commerce announced the results of the double anti-finalization of China's photovoltaic cells and components. The anti-dumping tax rate was 18.32% to 249.96%, and the countervailing duty rate was 14.78% to 15.97%. The specific product was China-made crystalline silicon photovoltaic. Batteries, modules, laminates, panels, and building integration materials. For China's photovoltaic industry, which is in the midst of a dilemma, such as paper, this punitive tariff is undoubtedly unacceptable.

In accordance with the procedures of the US trade relief case, the US International Trade Commission is scheduled to make a final ruling on November 23. As the United States is in the critical period of the election, trade protectionism has become the killer for winning votes. Therefore, the industry’s final result on the US International Trade Commission is not optimistic. What worries the industry is that if the EU's "double anti-survey" also refers to the United States, introducing a similar range of tax rates, China's photovoltaic industry will survive.

Shen Danyang, spokesman for the Ministry of Commerce of the People's Republic of China, responded on October 11th, saying that “The United States has provoked trade frictions in the field of new energy, sending the world a negative signal of protectionism and impeding the development of new energy.”

Suntech was registered 47%, ranking first among leading companies from the final results of the US Department of Commerce, although the lower level of anti-dumping duties was lowered from the preliminary cut of 31.14% to 18.32%, but the top grade remained at 249.96%; The countervailing duty rate has been raised from the preliminary 2.9% to 4.73% to 14.78% to 15.97%. In other words, the minimum anti-dumping duty is 18.32%, and the minimum anti-subsidy is 14.78%. The sum of the two is more than 33%.

In terms of anti-dumping, Suntech obtained a final tax rate of 31.73%, TRW 18.32%, and another 49 manufacturers with 31.73%. The remaining Chinese manufacturers will face a high anti-dumping tax of 249.96%; on the countervailing side, Suntech et al. The countervailing duty rates of the 10 companies are 14.68%, and the rest of the Chinese manufacturers are 15.97%.

Among the leading enterprises, Wuxi Suntech has the highest tax rate, with anti-dumping tax of 31.73% and countervailing duty of 14.78%. The two items totaled close to 47%. According to the relevant US law, export subsidies were deducted 10.54%, and the comprehensive tax rate was as high as 35.97%. Trina Solar's comprehensive tax rate is the lowest, at 23.75%, and the leading comprehensive tax rate for leading companies such as Yingli Solar is 30.66%. All other non-leading companies have more than 250% of their comprehensive tariffs. For the Chinese PV industry with an average gross profit margin of no more than 10%, this punitive tariff is obviously unacceptable.

Hong Hong generation analyst Zhang Hong told reporters that the competitiveness of China's photovoltaic products in the US market is mainly reflected in the price, if the photovoltaic faucet is levied more than 20% of the tariff, the price advantage of the product will be substantially lost, the other is levied more than 250% Tariff photovoltaic companies will certainly miss the US market.

China's strong ** US trade protection The final results of the US Department of Commerce were announced and immediately triggered a strong rebound from Chinese PV companies and China's Ministry of Commerce.

Photovoltaic faucet, the general manager of Suntech Power E. L. Mick McDaniel said: "This ruling is not fair. Unilateral trade barriers will not make any company more competitive, but it will make solar energy more disadvantaged than other power generation methods. Increasing destructive trade. Barriers indicate that the United States and the global solar industry are facing serious and long-term challenges. No one will benefit from the global trade war, except those companies that do not want too much competition in the solar industry."

Gao Ji, chairman and chief executive of Trina Solar, told Nandu reporters that “Although we oppose the final outcome of the US Department of Commerce, we will still abide by their decision and also pay attention to the November final decision of the US International Trade Commission. The company will retain the right to make further appeals against the final decision of the US Department of Commerce or the International Trade Commission."

Shen Danyang, spokesman of the Ministry of Commerce of the People's Republic of China, responded on October 11 that the US Department of Commerce disregarded the reasonable defenses of the Chinese government and Chinese companies and imposed unfair taxation measures on China’s exports of solar cell products to the United States. China expressed strong dissatisfaction with the verdict. . “The United States has provoked trade frictions in the field of new energy and sent the world a negative signal of protectionism and impeding the development of new energy.” Shen Danyang said that the US’s anti-dumping and countervailing duties on Chinese solar cell products will also damage the United States. In the interest of raw material and equipment exporters and consumers in the United States, we hope that the United States will correct its wrong practices.

The EU will follow the example of the United States. The results of the final investigation by the United States have already come out. High tariffs have caused the Chinese PV industry to be injured. But the industry is even more worried that if the main PV market is also emulating the United States, it will levy taxes on Chinese PV products. High tariffs will be the catastrophe of China's photovoltaic industry.

The European Union has launched an anti-dumping investigation against China's photovoltaic industry on September 6th. At the end of September, the European Photovoltaic Industry Union filed a counter-subsidy lawsuit against Chinese PV companies to the European Union. The EU's dual counter-survey is underway. On October 8, the European Union announced the list of China's responding companies for anti-dumping patents on photovoltaics. The total number of sample survey companies reached 134.

Chen Zhuo, Ying Li’s Legal Director, said in an interview with a Southern Metropolitan reporter that the EU under investigation will undoubtedly be affected by the final outcome of the US Department of Commerce. “Although the tax calculation method is different, SolarWorld will bring the lawsuit to the United States. And the investigation materials are submitted to the European Union as evidence."

Shen Fuxin, secretary general of the Zhejiang Solar Energy Industry Association, told Nandu that in the face of the U.S. Department of Commerce’s final ruling, in the face of the EU’s double counter-survey, Chinese PV companies should actively defend themselves while preparing for the first time. First, vigorously develop the domestic market. No longer rely solely on foreign markets; on the other hand, we must implement the strategy of going global, setting up factories overseas or investing in photovoltaic power plants to bypass trade barriers.