Z.J China-Africa Economic&Cultural Exchange Center
  • HomePage|BookMark|Mobile|简体中文
  • MetInfo CMS | Foreign Host | Domain Registration

  • Home
  • About Us
  • Latest News
  • Economic&Trade Info
  • Activities
  • Culture
  • Contact Us
  • Laws and Regulations

Latest News

China-Africa Relationship
Africa News
International Dynamics

Contact

Address: Room 705, Building 1, No.1750  International Sunyard Creative Center, Jianghong Road, Binjiang District, Hangzhou City, Zhejiang Province, China
Tel: 0571-87165850
Fax: 0571-87165851
E-mail:  support@zcaec.org
Website: www.zcaec.com
 
 

Position:Home > Latest News > Africa News
Africa News

China's PV sector may see reshuffle: experts

 

Source: Xinhua      Updated: 2013-6-17

BEIJING - Experts said China's photovoltaic (PV) sector may experience a new round of reshuffling amid fresh trade  tensions with the European Union.

Zhang Shuai, an analyst with Sinolink Securites, said Monday that if the EU ends up imposing high duties on Chinese solar products, the PV sector will face a new round of reshuffling and the elimination of excessive production capacity.

"This will be conducive to the sector's medium- and long-term development, although the sector's recovery will be impeded," Zhang said.

Earlier this month, the EU imposed an interim anti-dumping duty of 11.8 percent on imports of all Chinese solar panel products, including panels, cells and wafers. If both sides fail to come to an agreement, the duty will be raised to an average of 47.6 percent in two months.

Cai Jibo, president of Phono Solar Technology Co, a leading solar manufacturer, agreed that the sector will see more drastic reshuffling due to excessive capacity.

Cai said the PV sector cannot wait for policy support from the government, but instead needs to eliminate weak companies in order to consolidate the industry.

The Chinese government will use a series of measures to boost the sagging PV sector due to subdued overseas demand, including promoting distributed PV power projects and offering financial support, according to an executive meeting of the State Council on Friday.

Hits:  UpdateTime:2013-06-18 16:48:51  【Printing】  【Close】
Previous:Shenzhou X astronaut gives lecture   Next:Wealthy reflect trends in economy
Friendly Link|Message|Feedback

MSN:0000@000.com Email:sales@metinfo.cn

Powered by MetInfo 5.2.10 ©2008-2021  www.metinfo.cn