2016-08-04 | Editor : christinechen 1448 pageviews
China Condemns US Final Ruling of 2012 Anti-Dumping and Countervailing Duty
The U.S. Department of Commerce has released the final ruling on its second review of the 2012 anti-dumping and countervailing duties (AD/CVD) rates on Chinese PV module imports in June and July, respectively. Adjustment has only been made to the tax rates, the rest remained the same. Chinese Ministry of Commerce condemned the US saying this act will disturb the PV solar supply chain.
According to DanYang Shen, spokesman of Chinese Ministry of Commerce, two assigned respondents were imposed with an AD rate of 6.12% and 12.19%, respectively, while individual companies were imposed with an AD rate of 8.52%. As for CVD, one assigned respondent and two companies that have applied for case review face a CVD rate of 19.2%. “We believe this will seriously disturb the development of global PV supply chain,” said Shen.
“PV development will help environmental protection and reduce pollution. China has provided a large number of high-quality products to the world and imported the raw material and equipment needed to produce PV cells. Therefore, China and the US should have a bright future working together in the PV industry without the limitation of AD and CVD,” added Shen. He hoped China and the US can improve communication with each other and handle PV trade disputes through industry cooperation.