国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / News

'Heavy losses' if China-EU solar sector talks fail

By Li Xiang in Paris (China Daily) Updated: 2013-06-26 07:40

A failure by China and the European Union to reach a compromise in August over the solar panel dispute will deal a heavy blow to the global new-energy industry and result in huge losses for solar manufacturers on both sides, a former Chinese trade official said on Tuesday.

"If the high punitive tariffs become a reality, players in the entire solar industry chain, including European companies, will suffer heavy losses," said Long Yongtu, former vice-minister of commerce and the chief negotiator of China's entry into the World Trade Organization.

Brussels has set a deadline of Aug 6 for China and the EU to reach a compromise. If that fails, the EU will raise its temporary anti-dumping punitive tariff on Chinese solar exports from 11.8 percent to 47.6 percent until Dec 6 when the EU will decide whether to extend it to a five-year punishment.

Long said that the EU's targeting of Chinese solar products is wrong, as their low prices are a result of the decreasing costs of raw materials and technology upgrades.

He made the comments on the sidelines of the International Capital Conference in Paris, which gathered European and Chinese entrepreneurs and policymakers to discuss bilateral trade and investment relations.

Long said that European companies must boost their competitiveness to adapt to the evolving international trade situation.

"Protectionism will not increase competitiveness. It will only protect backwardness and inefficiency," he said.

Peter Mandelson, former EU trade commissioner, said that the solar panel case is a good illustration of how the international economy is changing and that trade policies should reflect the changing realities of the supply chain.

"The panels which are made in China are actually made from certain elements supplied from Europe and are re-exported to Europe. You can say the solar panels are as much made in the world now as they are simply made in China," Mandelson said.

"Therefore, protectionism will be detrimental to the interests of both China and the EU," he added.

Mandelson also noted that the current tit-for-tat measures from both sides will have negative implications on China-EU bilateral trade relations and that both sides should resolve their short-term problems through a voluntary agreement.

"We need each other too much to allow the relationship to weaken," he said. "I don't believe in tit-for-tat measures as such a beggar-my-neighbor approach won't get anyone anywhere."

Cheng Qingtao, vice-president of the China Chamber of International Commerce, said that the challenge to decipher Brussels' position is that Europe does not speak with a unified voice.

"There is a lack of unity in Europe because many countries act according to their own interests," he said.

Hot Topics

Editor's Picks
...
遂平县| 定陶县| 太保市| 会泽县| 衡山县| 农安县| 儋州市| 衡水市| 屯昌县| 永年县| 郓城县| 南木林县| 仙游县| 黄龙县| 化德县| 孟州市| 拉孜县| 石家庄市| 公安县| 金阳县| 嘉义市| 霍州市| 新建县| 当雄县| 通州市| 成都市| 高阳县| 准格尔旗| 岑溪市| 隆德县| 高尔夫| 侯马市| 交口县| 大安市| 天长市| 华容县| 周口市| 武冈市| 梁山县| 驻马店市| 原阳县|