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US re-spokes the “201†survey. On September 22, US International Trade Commission (ITC) made a damage ruling on the investigation of global safeguards for photovoltaic cells and components, and found that imported products caused serious damage to the US industry. The study will impose restrictions on imported products. This is also the second time since the United States launched a "201" investigation into China Steel in 2001 and made a ruling. In this regard, Wang Hejun bluntly said that the free flow of photovoltaic products is conducive to reducing greenhouse gas emissions and improving the global climate. Maintaining free trade in this field is the common responsibility of all countries and is in the common interest of all parties. The United States has ignored the photovoltaic products in recent years. The objective fact of repeatedly adopting trade remedy measures and providing adequate protection for its domestic industry, "We hope that the US investigation authorities will strictly follow the relevant WTO regulations and use trade restriction measures with caution." It is understood that the so-called "201" survey refers to the investigation initiated under Article 201 of the United States Trade Act of 1974. According to this clause, if a company declares to ITC that the products of the industry are seriously damaged due to excessive imports, ITC needs to import the products. Conduct a global safeguards investigation, determine the damage, and submit reports and recommendations to the President within 120 days. For a long time before, due to its high quality and low price, China's PV products were once “encircled†by the trade departments of various countries. The United States announced in 2012 and 2014 that it launched a “counter-subsidy†investigation and made a ruling against China PV. The EU and India have also followed suit. It is precisely because of the escalation of multi-national trade protectionism that China's PV product exports have experienced a significant decline, and gradually shift their focus to other emerging markets, or take other measures to avoid facing the overburdened “double-reverse†policy. However, since entering this year, China's PV products have once again encountered multi-country intensive “double-reverse†investigations. In March, the European Commission announced that it would extend the anti-dumping measures against PV in China for 18 months. In April, Turkey made a final decision on the anti-dumping case against PV modules in China, announcing a five-year anti-dumping on Chinese products from now on. Tax; In June, India announced an anti-dumping investigation against photovoltaic cells and components imported from China and other places. On the surface of each abacus , the United States, India and other countries have jointly created a cofferdam circle for China's photovoltaic products, but all countries have their own small abacus. "Because of the very demanding 'double-reverse' measures in the United States, many Chinese PV companies have chosen to open factories in Southeast Asian countries and transfer some production lines, and the finished products will be able to bypass the high tax burden and continue to spread to the US market." Xiamen University China Energy Lin Boqiang, dean of the Policy Research Institute, told the Beijing Business Daily that "smart" Americans will not let this situation spread. The ITC-sponsored investigation of global safeguards for photovoltaic cells and components is basically a move for China. Part of the production capacity is a trap for the previous "double-reverse" measures. The EU's decision to extend the "double-reverse" measures against China's photovoltaics is more cautious. Bai Ming, deputy director of the International Market Research Institute of the International Trade and Economic Cooperation Institute of the Ministry of Commerce, said that trade between China and the EU is close, and the import and export are relatively balanced and there are obvious two-way dependence. When formulating trade measures in the photovoltaic field, the European Commission Considering the EU's dependence on the Chinese market, in order to block the possible dumping tendency of China's PV products, the “double-reverse†measures will be continued. “On the other hand, in order to avoid damage to the bilateral trade between China and Europe due to PV friction, the European Commission is appropriate. The intensity of specific measures has been alleviated, such as announcing a quarterly decline in the minimum import prices of crystalline PV products in China. Some industry experts believe that India and Turkey follow up with the "double-reverse" flag, which is a counter-measure against the rapid expansion of Chinese PV products in the country's market. China’s Ministry of Industry and Information Technology previously released data showing that China’s exports of wafers, cell chips and component products fell by 11.3% year-on-year, and exports to the traditional markets of Europe and the United States fell below 30%, while exports to emerging markets such as India, Turkey, Chile and Pakistan. Significantly improved. In India, for example, according to the “India Solar Map (2016 Edition)†released by the country's analysis agency Brge To India, 8 of the top 10 PV modules in India were from China last year, and the national PV installed capacity is about 75%. It is a Chinese product, 15% is imported from the United States, and the remaining 10% is provided by local manufacturers.
The successive trade remedy measures will become a major obstacle to China's PV “going outâ€. Han Xiaoping, chief information officer of China Energy Network, said that the US safeguards survey may have a certain degree of impact on China's PV industry, but in general, the main market for China's PV products is in China and other Asian regions. The scope of influence of enterprises is limited. He believes that since the "Twelfth Five-Year Plan", the demand for photovoltaics in Asia and China has surged, and the cost of photovoltaic manufacturing has declined, driving the rapid development of the industry. "On the one hand, it is a domestic market with a large capacity, on the other hand, there is an emerging new market. In the international market, the share of the United States is not enough to have a serious impact on the overall PV industry in China." Jiang Hua, director of the Industry Development Department of China Photovoltaic Industry Association, further pointed out that the competitiveness of China's PV products in the European market is almost lost. With the adjustment of support policies in Germany, Italy and other European traditional PV markets, market demand has fallen sharply. It is no longer the most important PV export market in China. However, Bai Ming reminded that although the relevant “double-reverse†measures in Europe and the United States have limited impact on the current “going out†of China's PV industry, in the long run, it further blocks the potential space for Chinese PV products to enter the local market. Moreover, the US’s move is obviously It has disrupted the rhythm of Chinese companies shifting PV production to Southeast Asia and other regions, and needs to be especially vigilant.
"In contrast, as an emerging market country, India and Turkey will follow up on this counter-product, or it will obviously hinder China's pace of opening up a diversified market for photovoltaic products. It also proves that China's PV products are facing many countries. "Difficult", Bai Ming pointed out that photovoltaic is a labor-intensive and technology-intensive industry. Since the price advantage is difficult to protect under high tax burden, Chinese companies can consider making more articles on product branding and after-sales service. Or establish cooperation with local companies to maintain market share by giving up some of the benefits.
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A new round of trade protection barriers for Chinese PV products was built again. Recently, in response to the US ruling on the investigation of the global safeguard measures for photovoltaic cells and components ("201" investigation), Wang Hejun, director of the Trade Relief and Investigation Bureau of the Ministry of Commerce, said that the US investigation agencies disregarded other countries, the US state governments and many other countries. The strong opposition of photovoltaic downstream enterprises insists that the import of Chinese PV products seriously damages the domestic industry and increases the uncertainty of the global normal trade of photovoltaic products. It is understood that in addition to the United States, this year, the EU, India, and Turkey have also announced a "double-reverse" investigation or ruling on China's photovoltaic products, and China's photovoltaic "going out" has once again been blocked.