Recently, the US Department of Commerce announced the preliminary ruling on the countervailing investigation of solar energy products in China, and decided to impose a countervailing duty of 4.73% and a minimum of 2.9% on China's solar panel imports to the United States. Has this policy been issued affecting photovoltaic companies in Zhejiang? How should companies respond?
US "double reverse" measures Zhejiang photovoltaic companies worse <br> <br> after three delayed the final announcement of the results, make the industry a little sigh of relief. After all, this result is much better than the previous worst expectation - up to 100% of the tariff rate. Looking at countervailing duties alone, it seems to have little effect on photovoltaic companies in Zhejiang, but it is necessary to pay attention to the anti-dumping tax rate on this case that will be announced on May 16. The rate can be up to 100%.
According to the person in charge of the Jinhua Bureau of Commerce, there are many photovoltaic companies newly launched in Jinhua City in the past two years. The products are mainly sold domestically and exported to European and American markets. The "double reverse" stick raised by Americans certainly has an impact on Jinhua photovoltaic companies, but it is not expected to be too big. However, taking into account that the current photovoltaic industry is in a low tide, this time, the United States' "double countermeasures" can be described as worse for the photovoltaic companies in Jinhua.
Compared with the US "double countermeasures," photovoltaic companies in Jinhua are even more worried about what actions will be taken by Germany and other EU countries. Sources said that the German Solar Energy Association will file a joint complaint alleging that China's photovoltaic products will be dumped at a low price. At present, the German Solar Energy Federation is in contact with relevant industries in the EU and is preparing to submit anti-dumping complaints to Chinese PV products in 27 member states of the European Union.
According to Jinhua's foreign trade statistics, Jinhua's PV product exports achieved a leap in 2010: In 2009, Jinhua's PV products exported more than US$8 million and rose to US$117.6 million in 2010, becoming the fastest growing single export product category in the city. Exports to the EU are the main, followed by the United States. At that time, the Jinhua Foreign Trade Department had warned that Jinhua PV companies relied heavily on foreign markets. Raw materials and equipment were imported from abroad. Large quantities of components were exported to foreign countries. Enterprises only occupied intermediate production links. This division of labor determines the vulnerability of Jinhua's photovoltaic industry. Once the market has been troubled, companies do not have the ability to resist risks.
Sure enough, after entering 2011, due to overcapacity, the price of photovoltaic products dropped rapidly and suddenly changed from the previous seller's market to the buyer's market. At the same time, foreign customers have high payment risks because the price of PV modules has fallen too quickly. Last year, a PV company in Jinhua exported a number of components to German customers. The risk of delays due to delays in purchases by foreign buyers was approximately $7 million. According to statistics from China Credit Insurance Zhejiang Branch, the photovoltaic industry has become the industry with the highest risk of buyer payment.
According to a survey conducted by the Shanghai Municipal Bureau of Commerce, some photovoltaic companies in Jinhua are very sad nowadays. Some companies that are preparing to launch their projects are not correct. They immediately applied for the issuance of production equipment by foreign customers, and some enterprises that have not yet purchased equipment have turned around.
The outlook for the domestic market to be expanded is still bright. “At present, the group’s PV production is fairly decent, which is better than we expected. Since the second half of last year, the company’s orders have gradually improved.†Wang Jun, vice president of marketing at Group Sheng Group, spoke about this. The United States said during the "double countermeasures."
Lu Meiyue, chairman of Zhejiang Xinshun Photovoltaic Technology Co., Ltd., believes that the future of the economy in Europe and the United States is still optimistic. She believes that if the European and American countries that are deeply in debt crisis want to stimulate economic development, the new energy industry must support it. While domestic products have a price advantage, they have also imported large amounts of expensive equipment from European and American countries, which has benefited many countries in Europe and America. She estimated that although it is now less than the kind of double-digit increase in previous years, it is still possible to maintain 20% growth every year.
Jinhua, another person in charge of photovoltaic companies, said that the solar panels they currently sell in the United States cost about 0.75 US dollars per watt, while the average price of American companies' products is about 0.97 US dollars per watt. With the launch of the US “double counter†measures, China’s solar cell products exported to the United States will likely be subject to a tariff of around 30%, which will lead to the loss of competitiveness of China’s photovoltaic companies.
Some experts believe that the photovoltaic industry is an industry with a high degree of internationalization. Upstream, there are advantages in U.S. raw material manufacturing and equipment manufacturing. In the downstream, there are advantages in Chinese manufacturing. We all work together to promote the development of the solar energy industry. There is no Chinese enterprise to a certain one. The state dumps products.
Speaking of countermeasures, Wang Jun said: “Our company focuses on two cards: First, it expands emerging markets, while stabilizing the traditional markets of the United States, the European Union, etc., while striving to develop markets in South America, Southeast Asia, and do a good job in expanding the domestic market. Reduce market risk. Second, develop new products and expand market coverage. Successfully introduce a variety of new products related to photovoltaic technology to the market. The response is good. There are a number of new products under development that are expected to become new corporate economics. growth point."
This reporter learned that Japan, Europe and the United States and other countries and regions have all introduced preferential policies to encourage photovoltaic power generation to access the Internet. A supplier of photovoltaic parts and components of Jinhua suggested that photovoltaic grid-connected grids should be accelerated and that we should refer more to successful experiences abroad, such as granting subsidies for qualified photovoltaic building applications, or taxing photovoltaic cell manufacturers. And credit support to expand the domestic market and promote the stable development of the photovoltaic industry.
US "double reverse" measures Zhejiang photovoltaic companies worse <br> <br> after three delayed the final announcement of the results, make the industry a little sigh of relief. After all, this result is much better than the previous worst expectation - up to 100% of the tariff rate. Looking at countervailing duties alone, it seems to have little effect on photovoltaic companies in Zhejiang, but it is necessary to pay attention to the anti-dumping tax rate on this case that will be announced on May 16. The rate can be up to 100%.
According to the person in charge of the Jinhua Bureau of Commerce, there are many photovoltaic companies newly launched in Jinhua City in the past two years. The products are mainly sold domestically and exported to European and American markets. The "double reverse" stick raised by Americans certainly has an impact on Jinhua photovoltaic companies, but it is not expected to be too big. However, taking into account that the current photovoltaic industry is in a low tide, this time, the United States' "double countermeasures" can be described as worse for the photovoltaic companies in Jinhua.
Compared with the US "double countermeasures," photovoltaic companies in Jinhua are even more worried about what actions will be taken by Germany and other EU countries. Sources said that the German Solar Energy Association will file a joint complaint alleging that China's photovoltaic products will be dumped at a low price. At present, the German Solar Energy Federation is in contact with relevant industries in the EU and is preparing to submit anti-dumping complaints to Chinese PV products in 27 member states of the European Union.
According to Jinhua's foreign trade statistics, Jinhua's PV product exports achieved a leap in 2010: In 2009, Jinhua's PV products exported more than US$8 million and rose to US$117.6 million in 2010, becoming the fastest growing single export product category in the city. Exports to the EU are the main, followed by the United States. At that time, the Jinhua Foreign Trade Department had warned that Jinhua PV companies relied heavily on foreign markets. Raw materials and equipment were imported from abroad. Large quantities of components were exported to foreign countries. Enterprises only occupied intermediate production links. This division of labor determines the vulnerability of Jinhua's photovoltaic industry. Once the market has been troubled, companies do not have the ability to resist risks.
Sure enough, after entering 2011, due to overcapacity, the price of photovoltaic products dropped rapidly and suddenly changed from the previous seller's market to the buyer's market. At the same time, foreign customers have high payment risks because the price of PV modules has fallen too quickly. Last year, a PV company in Jinhua exported a number of components to German customers. The risk of delays due to delays in purchases by foreign buyers was approximately $7 million. According to statistics from China Credit Insurance Zhejiang Branch, the photovoltaic industry has become the industry with the highest risk of buyer payment.
According to a survey conducted by the Shanghai Municipal Bureau of Commerce, some photovoltaic companies in Jinhua are very sad nowadays. Some companies that are preparing to launch their projects are not correct. They immediately applied for the issuance of production equipment by foreign customers, and some enterprises that have not yet purchased equipment have turned around.
The outlook for the domestic market to be expanded is still bright. “At present, the group’s PV production is fairly decent, which is better than we expected. Since the second half of last year, the company’s orders have gradually improved.†Wang Jun, vice president of marketing at Group Sheng Group, spoke about this. The United States said during the "double countermeasures."
Lu Meiyue, chairman of Zhejiang Xinshun Photovoltaic Technology Co., Ltd., believes that the future of the economy in Europe and the United States is still optimistic. She believes that if the European and American countries that are deeply in debt crisis want to stimulate economic development, the new energy industry must support it. While domestic products have a price advantage, they have also imported large amounts of expensive equipment from European and American countries, which has benefited many countries in Europe and America. She estimated that although it is now less than the kind of double-digit increase in previous years, it is still possible to maintain 20% growth every year.
Jinhua, another person in charge of photovoltaic companies, said that the solar panels they currently sell in the United States cost about 0.75 US dollars per watt, while the average price of American companies' products is about 0.97 US dollars per watt. With the launch of the US “double counter†measures, China’s solar cell products exported to the United States will likely be subject to a tariff of around 30%, which will lead to the loss of competitiveness of China’s photovoltaic companies.
Some experts believe that the photovoltaic industry is an industry with a high degree of internationalization. Upstream, there are advantages in U.S. raw material manufacturing and equipment manufacturing. In the downstream, there are advantages in Chinese manufacturing. We all work together to promote the development of the solar energy industry. There is no Chinese enterprise to a certain one. The state dumps products.
Speaking of countermeasures, Wang Jun said: “Our company focuses on two cards: First, it expands emerging markets, while stabilizing the traditional markets of the United States, the European Union, etc., while striving to develop markets in South America, Southeast Asia, and do a good job in expanding the domestic market. Reduce market risk. Second, develop new products and expand market coverage. Successfully introduce a variety of new products related to photovoltaic technology to the market. The response is good. There are a number of new products under development that are expected to become new corporate economics. growth point."
This reporter learned that Japan, Europe and the United States and other countries and regions have all introduced preferential policies to encourage photovoltaic power generation to access the Internet. A supplier of photovoltaic parts and components of Jinhua suggested that photovoltaic grid-connected grids should be accelerated and that we should refer more to successful experiences abroad, such as granting subsidies for qualified photovoltaic building applications, or taxing photovoltaic cell manufacturers. And credit support to expand the domestic market and promote the stable development of the photovoltaic industry.
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