Boomtime ahead for solar power firms
Updated: 2014-08-16 10:02
By LYU CHANG(China Daily)
|
||||||||
Curbs on polysilicon imports
China, the world's biggest consumer of solar-grade polysilicon, will tighten up on imports of the material after solar manufacturers took advantage of a rule that allowed them to avoid duties.
From September, it will suspend applications from solar companies to import polysilicon under the so-called "processing trade" rules, whereby material used in domestic manufacturing is exempt from import duties if the finished product-in this case solar cells used in panels-is then exported.
Polysilicon imports under processing trade rules surged after China imposed duties on purchases from the United States, South Korea and Europe, the Ministry of Commerce said in a statement on its website on Thursday.
The suspension is "mainly aimed at US polysilicon," said Wang Xiaoting, a Hong Kong-based analyst at Bloomberg New Energy Finance, given the high tariffs imposed on imports from that country.
China in January listed anti-dumping charges of as much as 57 percent for imports from US polysilicon makers including Hemlock Semiconductor Corp, REC Silicon ASA and SunEdison Inc.
Delegation visits San Francisco to promote Canton Fair
Chinese medics train Sierra Leone health workers
Chocolate gets new foothold in Shanghai
Chinese community contributes to quake relief
Facekinis getting global attention
America's most disliked stars
Hanergy acquires US solar cell firm
Asiana Air 214 victim's family files lawsuit
Most Viewed
Editor's Picks
![]()
|
![]()
|
![]()
|
![]()
|
![]()
|
![]()
|
Today's Top News
China's holdings of US securities take a slight dip
China seeks to conduct dialogue with Vatican
China opposes Japan PM's offering to Yasukuni Shrine
China-US relations' road ahead
Huge IT layoffs trigger labor friction
Taiwan arms sales a lingering irritant
Xiaomi faces privacy investigation
Chocolate gets new foothold in Shanghai
US Weekly
![]()
|
![]()
|