- CNTV English - CCTV News

Chinese experts on solar panel probe

11-30-2011 10:56 BJT

Watch Video

Play Video

Last year, investment in renewable energy totaled 187 billion US dollars compared to 157 billion dollars for fossil fuels. The remarkable progress of the industry is raising the stakes in the Sino-US solar battle. Some worried that a fresh round of trade wars is underway.

China is preparing for the worst, as the US investigates Chinese solar panel imports.

A professor at Tsinghua University says the U.S. is starting a new round of assault on Chinese industries.

Professor Zhou Shijian from Tsinghua University’s Sino-US Research Center said: "From traditional products to modern high-tech innovations, renewable energy...the United States is attacking Chinese industries layer by layer."

The Chinese solar panel industry depends heavily on the overseas market, with more than 95 percent of its products for export to the US and European markets. Analysts warn that any tariffs imposed on these products, regardless of the amount, could inflict huge damage on the industry.

Professor Zhou said: "Actually, everybody is developing renewable energy. China’s solar panel industry, established in 2004, has made significant progress in this field. And the U.S. wants to take over the entire high-tech renewable energy industry’s dominant position. Therefore it blocks China, but actually the US wants to restrain China."

Other experts say China’s position in the global market is very competitive.

Zhao Yuwen, vice president of China Renewable Energy Society, said: "For latest international solar panel rankings, the first, third, fourth and fifth are all Chinese mainland firms. And the second position was a U.S. company. This shows China is competitive on the world stage. "

The American committee is scheduled to vote on December 2nd on whether to proceed with the investigation. The United States International Trade Commission will report the results of the vote to the Commerce Department on December 5th.


Editor:Zhang Rui |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program