On June 21st, the 27th China-EU Economic and Trade Mixed Commission was held in Beijing. A major issue at the conference was the recent high-profile trade friction between China and Europe. According to the information disclosed after the meeting, China-EU double-reverse has reached a preliminary agreement on the peaceful settlement of the PV trade dispute, and will properly solve the problem through consultation. This indicates that the Sino-European PV trade dispute that has continued to this day is showing signs of easing.
However, as the core representative of the European Union, the European Commission Trade Commissioner De Gucht said after the meeting that the China-EU PV trade negotiations are still at an early stage. For the Chinese side to resolve this dispute through the "price commitment" mechanism, the industry analysts believe that the "minimum price" and "export scale" of China's exports to Europe involved in this mechanism are related to the core interests of China-EU PV companies. The game of time.
Initial agreement on the negotiations
The Chinese core representative who participated in the 21st meeting, Gao Hucheng, Minister of Commerce of China stressed that China attaches great importance to the trade friction between China and Europe. The case is not only huge, but also involves products with good cooperation and high level of integration between the upstream and downstream of China and Europe. It is also related to the world's common concern of climate change and new energy. It is hoped that the technical teams of both sides will step up consultations and find a solution as soon as possible to avoid the impact of China-EU economic and trade cooperation.
The friction of trade in photovoltaic products is an important issue in the economic and trade field between China and Europe. The technical teams of China and the EU are negotiating on issues related to price commitments. De Gucht said that the EU hopes to solve this problem as soon as possible in a friendly manner.
De Gucht told the media at the press conference of the EU Embassy held before the meeting that China and the EU have reached an agreement on the framework for solving the photovoltaic problem. Currently, they are negotiating with the Ministry of Commerce and the China Chamber of Commerce for Import and Export of Machinery and Electronics on technical issues. "The most basic framework or solution has been reached more or less." De Gucht said.
Price commitment affects the sensitive nerves of China
An industry insider analyzed the China Securities Journal reporter. Since the official filing of the "double-reverse" export of photovoltaic products to China in September last year, both the Chinese government and the business community have hoped to resolve the dispute through the "price negotiation" mechanism, but The issues involved are sensitive and complex.
According to the relevant WTO agreements, price commitments are positioned as a remedy for anti-dumping. If the exporter voluntarily makes a satisfactory commitment to modify the price or stop exporting at the dumping price, the investigation procedure may be terminated and the relevant department will terminate the temporary measures or impose anti-dumping duties. The specific content of the China-EU PV "Price Commitment Negotiation" is as follows: China promises that the PV products exported to Europe should not be lower than a certain minimum price and set a specific time limit; China promises to limit the components exported to Europe each year to a certain extent. Within the scale. In exchange, the EU will not take anti-dumping measures against Chinese PV products.
Since June 4th, the EU’s “double-reverse†to China’s photovoltaics has initially made a “rule of 11.8% for China’s PV products exported to Europe in the past two months, and may then raise the anti-dumping tax rate of 47%â€. Although the industry has panic about the closure of the EU market, it still holds a glimmer of hope for the post-CEIBS price commitment negotiations.
In response, a middle-level person from a large domestic PV module manufacturer told reporters that China had submitted a price commitment plan to the European Commission. However, the negative attitude of the European side indicated that it could not accept the conditions proposed by the Chinese side. "If the minimum price of EU PV companies is reported to the European Commission, the price of China's PV module exports to Europe may be no less than 1 Euro/W in the future, which is significantly higher than the average 0.4- of Chinese companies' exports to Europe. A level of 0.6 Euro/W. If the price commitment is limited to this, it means that China's PV products are not competitive in the European market. If so, we would rather lose the European market.†The person said pessimistically.
Perhaps because of the long-term responsibility of the price commitment issue, the Wall Street Journal quoted De Gucht as saying that negotiations between the EU and China to resolve trade disputes over Chinese solar panels are still in an early stage. It may be resolved soon. The above analysts believe that the progress of the price commitment negotiations in the future will continue to be a process in which the two sides continue to play the game and gradually reach a final agreement in exchange for other conditions.
However, as the core representative of the European Union, the European Commission Trade Commissioner De Gucht said after the meeting that the China-EU PV trade negotiations are still at an early stage. For the Chinese side to resolve this dispute through the "price commitment" mechanism, the industry analysts believe that the "minimum price" and "export scale" of China's exports to Europe involved in this mechanism are related to the core interests of China-EU PV companies. The game of time.
Initial agreement on the negotiations
The Chinese core representative who participated in the 21st meeting, Gao Hucheng, Minister of Commerce of China stressed that China attaches great importance to the trade friction between China and Europe. The case is not only huge, but also involves products with good cooperation and high level of integration between the upstream and downstream of China and Europe. It is also related to the world's common concern of climate change and new energy. It is hoped that the technical teams of both sides will step up consultations and find a solution as soon as possible to avoid the impact of China-EU economic and trade cooperation.
The friction of trade in photovoltaic products is an important issue in the economic and trade field between China and Europe. The technical teams of China and the EU are negotiating on issues related to price commitments. De Gucht said that the EU hopes to solve this problem as soon as possible in a friendly manner.
De Gucht told the media at the press conference of the EU Embassy held before the meeting that China and the EU have reached an agreement on the framework for solving the photovoltaic problem. Currently, they are negotiating with the Ministry of Commerce and the China Chamber of Commerce for Import and Export of Machinery and Electronics on technical issues. "The most basic framework or solution has been reached more or less." De Gucht said.
Price commitment affects the sensitive nerves of China
An industry insider analyzed the China Securities Journal reporter. Since the official filing of the "double-reverse" export of photovoltaic products to China in September last year, both the Chinese government and the business community have hoped to resolve the dispute through the "price negotiation" mechanism, but The issues involved are sensitive and complex.
According to the relevant WTO agreements, price commitments are positioned as a remedy for anti-dumping. If the exporter voluntarily makes a satisfactory commitment to modify the price or stop exporting at the dumping price, the investigation procedure may be terminated and the relevant department will terminate the temporary measures or impose anti-dumping duties. The specific content of the China-EU PV "Price Commitment Negotiation" is as follows: China promises that the PV products exported to Europe should not be lower than a certain minimum price and set a specific time limit; China promises to limit the components exported to Europe each year to a certain extent. Within the scale. In exchange, the EU will not take anti-dumping measures against Chinese PV products.
Since June 4th, the EU’s “double-reverse†to China’s photovoltaics has initially made a “rule of 11.8% for China’s PV products exported to Europe in the past two months, and may then raise the anti-dumping tax rate of 47%â€. Although the industry has panic about the closure of the EU market, it still holds a glimmer of hope for the post-CEIBS price commitment negotiations.
In response, a middle-level person from a large domestic PV module manufacturer told reporters that China had submitted a price commitment plan to the European Commission. However, the negative attitude of the European side indicated that it could not accept the conditions proposed by the Chinese side. "If the minimum price of EU PV companies is reported to the European Commission, the price of China's PV module exports to Europe may be no less than 1 Euro/W in the future, which is significantly higher than the average 0.4- of Chinese companies' exports to Europe. A level of 0.6 Euro/W. If the price commitment is limited to this, it means that China's PV products are not competitive in the European market. If so, we would rather lose the European market.†The person said pessimistically.
Perhaps because of the long-term responsibility of the price commitment issue, the Wall Street Journal quoted De Gucht as saying that negotiations between the EU and China to resolve trade disputes over Chinese solar panels are still in an early stage. It may be resolved soon. The above analysts believe that the progress of the price commitment negotiations in the future will continue to be a process in which the two sides continue to play the game and gradually reach a final agreement in exchange for other conditions.
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