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EU “dual reverse”

     

        “Dual reverse” means anti-dumping and anti-subsidy. “Dual anti-dumping” measures are tantamount to extinction for some weak enterprises in my country.

        In order to promote the development of photovoltaic power generation projects, China launched the “Golden Sun Project” in the form of state financial subsidies in 2009 after pricing subsidies for electricity prices and allocation of renewable resource quotas. Suddenly, photovoltaic companies have sprung up like bamboo shoots after a rain, and the photovoltaic industry even has a great leap forward.

        However, domestic demand has not yet risen at this time. More than 70% of photovoltaic production capacity is eliminated by exports to the EU, and photovoltaic companies that have rapidly experienced overcapacity under subsidies continue to fight price wars and further lower the prices of exports to the EU. EU companies are dissatisfied-why use government subsidies to lower market prices so that we cannot compete? No way! Your “countervailing tax” must be levied.

        In fact, every country will provide certain subsidies to support the development of emerging industries, but European subsidies are for end users, and we have to subsidize enterprises because of low domestic demand and unable to subsidize users. This kind of subsidy method is Let the European Union eye.

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