China's solar products exports drop sharply
Updated: 2012-12-12 15:50
By DU JUAN (chinadaily.com.cn)
|
|||||||||
Due to the ongoing trade disputes, the export volume of China's photovoltaic solar products will drop to about $13 billion this year, down 40 percent year-on-year, Wang Bohua, secretary general of the China PV Industry Alliance, said on Tuesday.
Europe's anti-dumping and anti-subsidies investigations on China's solar products will have a bigger influence on the domestic solar industry than the probes started by the United States, said Wang during the 2012 Intersolar China Conference in Beijing.
He said that domestic orders for manufacturing equipment for PV solar products have dropped 80 percent year-on-year, which indicates the dramatic drop of China's PV production.
The overseas market takes about 90 percent of China's PV industry output. The US and Europe are the two biggest markets.
"Up to 90 percent of Chinese poly-silicon producers have stopped production because of the falling demand," he said. "Even though some large companies are trying hard to keep producing, their capacity utilization is low."
"China's PV solar industry is like an ‘abandoned baby' now," said Li Junfeng, president of the Chinese Renewable Energy Industry Association. "It was everyone's favorite when it could make money, but now, it lost favor with media and investors."
dujuan@chinadaily.com.cn
- Relief reaches isolated village
- Rainfall poses new threats to quake-hit region
- Funerals begin for Boston bombing victims
- Quake takeaway from China's Air Force
- Obama celebrates young inventors at science fair
- Earth Day marked around the world
- Volunteer team helping students find sense of normalcy
- Ethnic groups quick to join rescue efforts
Most Viewed
Editor's Picks
Supplies pour into isolated villages |
All-out efforts to save lives |
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
Today's Top News
Health new priority for quake zone
Xi meets US top military officer
Japan's boats driven out of Diaoyu
China mulls online shopping legislation
Bird flu death toll rises to 22
Putin appoints new ambassador to China
Japanese ships blocked from Diaoyu Islands
Inspired by Guan, more Chinese pick up golf
US Weekly
Beyond Yao
|
Money power |