Abstract On December 7, at the time when anti-dumping and countervailing “double-reverse†measures against Chinese PV products were about to expire, the EU just announced: launching a sunset review investigation. This means that the world’s largest trade dispute involving the largest amount of money may be a war...
On December 7, at the time when anti-dumping and countervailing “double-reverse†measures against Chinese PV products were about to expire, the EU just announced: launching a sunset review investigation. This means that the largest trade dispute involving the world's largest amount of money may be rekindled. The double countermeasures came into effect in December 2013 and expired today (1207). The European Commission recently issued a notice saying that based on the investigation request of the European Photovoltaic Manufacturers Association, it was decided to launch a sunset review investigation on the dual countermeasures applicable to Chinese PV products. The so-called "sunset review" is an administrative review conducted after the expiration of the five-year anti-dumping duty on products, and it is also called an expiration review.
The trade dispute between the EU and China in photovoltaic products has been around for a long time and is regarded as the largest trade dispute in the world. Tu Xinquan, president of the China WTO Research Institute of the University of International Business and Economics, believes that at present, the use of solar energy in the EU and the photovoltaic market have undergone major structural changes. In the past three years, the EU market has shrunk by 70%. At this time, the sunset review investigation was launched, and the Chinese PV companies were launched. The development impact will be less than two years ago.
The relevant person in charge of the Ministry of Commerce said that photovoltaic cells and components as important clean energy products, rapid application and development are conducive to countries to effectively deal with climate change, which is of great significance for the realization of national emission reduction targets. Continue to extend the measures will not only harm the interests of the Chinese side, but also the interests of the EU itself.
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