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
...
新和县| 涪陵区| 尚志市| 依兰县| 乌鲁木齐市| 永和县| 蓬安县| 如东县| 余庆县| 白山市| 绥江县| 洞头县| 密云县| 揭阳市| 普洱| 巴东县| 兰坪| 五大连池市| 定结县| 磐石市| 登封市| 元阳县| 定兴县| 太和县| 津市市| 宜宾市| 于田县| 彩票| 东宁县| 惠安县| 长沙市| 色达县| 太白县| 朝阳区| 长宁区| 新安县| 遂平县| 广州市| 夹江县| 永靖县| 曲水县|