The most popular anti-dumping in Europe and Americ

2022-08-01
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The anti-dumping in Europe and the United States only makes the crisis of photovoltaic enterprises come early.

the real challenge for Chinese photovoltaic enterprises is not the anti-dumping case, nor even the excessive dependence on the export market that many experts say. Although this problem is very serious, the real problem is that the price mechanism will no longer play a role under the soft constraint of the enterprise budget: because of various hidden secrets of the local government, although the photovoltaic industry has already lost money in the whole industry, But so far, no enterprise in this industry has closed down, and even there has been a strange phenomenon that the government finance pays the bill for the enterprise. When the cold rolling processing rate reaches 30.3%, the expansion amount is 20mm

in this sense, the anti-dumping in Europe and the United States only makes the crisis of photovoltaic enterprises come early. Only when the photovoltaic enterprises began to go bankrupt, the market began to compete with products such as 2 series of all electric injection machines and 3 series of electro-hydraulic servo injection machines -- the previous market was just a market competition subsidy

on September 6, the European Commission issued an announcement to launch an anti-dumping investigation on China's photovoltaic products. This is another sad news from the overseas market of China's photovoltaic industry after the United States announced in March that it would impose a punitive anti-dumping tariff of 31.14%-249.96% on China's photovoltaic products

why should an anti-dumping investigation be launched against Chinese photovoltaic products? From a legal point of view alone, it alleges that Chinese products are sold at a price lower than the cost, and European competitors seek government protection on this ground. But this explanation is not enough. A very important reason is why there was no such investigation two or three years ago? Moreover, from a broader perspective, lower prices are beneficial to European users, and even to the whole of Europe. Why does the EU still launch anti-dumping investigations? The sluggish economic situation may be the real reason. A series of factors, such as the fear of enterprises for China's low-cost products, the fear of the public for unemployment and the politicians' promises to voters, finally led to the EU's anti-dumping investigation

then, how to deal with the EU's anti-dumping investigation and save China's photovoltaic industry in crisis? Positive legal response is certainly a necessary choice. But can China's photovoltaic enterprises get out of the current crisis only by legal response? I'm afraid it's very difficult

let's first understand the situation of China's photovoltaic enterprises. In 2008, the top ten largest photovoltaic enterprises in China accounted for 30% of the global production capacity; In 2010, this figure became 50%; It reached 63% in 2012. So, where are so many products consumed? The answer is the European and American markets. According to statistics, 96% of PV products were exported in 2010 and 88% in 2011. The vast majority of products are exported to foreign countries, which causes domestic photovoltaic enterprises to lose their luster as soon as there is trouble in the foreign market

due to the economic situation, EU countries have generally reduced subsidies to photovoltaic users in recent years. What has been affected is China's photovoltaic enterprises - without the government's financial subsidies to users, it is not so cost-effective for consumers to buy solar products themselves, and the capacity of the entire market has been reduced immediately. In order to gain a foothold in this market, photovoltaic enterprises have to sacrifice the sharp weapon of price war: in 2010, the price of silicon wafer was between yuan, and now it is less than 10 yuan; In 2010, the battery cost more than 1 yuan per watt, but now it is less than 50 cents per watt. The direct consequence is that the operating income of domestic photovoltaic enterprises has deteriorated significantly

it can be seen from the semi annual report results of listed companies that the overall net profit margin of the domestic listed photovoltaic industry is 0.6%, and nearly 90% of the companies' Interim performance has declined year-on-year. In addition, according to wind information, 62 of the 78 A-share listed companies related to the photovoltaic industry reported a year-on-year decline in net profits. According to the financial report, all photovoltaic enterprises listed in the United States in 2011 lost money

how did this industry wide loss come about? Many people explain that structural overcapacity is caused by no competition. To some extent, this explanation is true, but if we carefully consider it, this explanation is not true. Because for most industries where the growth of quantity will give way to the improvement of quality and quantity, competition will only lead to the survival of the fittest. However, the problem now is that photovoltaic enterprises are at a loss in the whole industry. What's the problem? I'm afraid it's due to inappropriate industrial policies

according to statistics, so far, 31 provinces, municipalities and autonomous regions in China have listed the photovoltaic industry as an emerging industry with priority support for development; Among the 600 cities, 300 have developed photovoltaic solar energy industry, and more than 100 have built photovoltaic industry bases. Due to the priority of supporting the development, the photovoltaic industry also has various preferential policies, and has been supported in many aspects, such as construction land, bank credit, etc. The direct consequence of this is that it has attracted too much capital into the industry. The market that was originally in short supply has rapidly experienced overcapacity due to the increase of enterprises in a short time

to make matters worse, even though China's photovoltaic industry has suffered losses in the whole industry and no enterprise has closed down, many local governments are actively raising funds for enterprises. The Xinyu municipal government of Jiangxi Province even repaid trust loans for Jiangxi Saiwei with local finance

in the United States on the other side of the ocean, last year, three benchmark photovoltaic enterprises went bankrupt in a month. On september1,2011, solyndra, a silicon valley solar star who had high hopes, announced his application for bankruptcy protection, and 1100 employees were dismissed. Prior to this, evergreensolar and spectraw ATT, two solar panel manufacturers, applied for bankruptcy protection on August 15 and 19 respectively

in the market economy, enterprise bankruptcy is the most normal phenomenon. Investors allocate resources to other better industries through the signals released by bankruptcy, thus avoiding further waste

just like this, the real challenge for China's photovoltaic enterprises is not the anti-dumping case, nor even the excessive dependence on the export market as many experts say - although this problem is also very serious, the real problem is that the price mechanism will no longer play its role under the soft constraint of the enterprise budget: because of various hidden secrets of the local government, excellent enterprises cannot stand out in the market competition. Although the photovoltaic industry has suffered losses in the whole industry, so far no enterprise in this industry has closed down, and even the government finance has paid for the enterprises. This is really not a normal phenomenon

so how to get out of this strange circle? It may be the most important next step to eliminate the government support and let enterprises really compete in the market, so as to select those enterprises that have advantages in technology and cost. In this sense, the anti-dumping in Europe and the United States only makes the crisis of photovoltaic enterprises come early. Only when the photovoltaic enterprises begin to go bankrupt, the market will begin to compete - the previous market was just a market competition subsidy. Zhonghua glass () Department

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