China Retaliates on US Dumping Investigation on Solar Panels
The
Ministry of Commerce of China (MOFCOM) released the Announcement No. 69 on
November 25, deciding to initiate a trade barrier investigation into policy
support and subsidies for the US renewable energy sector, based on the Foreign
Trade Law of PRC and the Investigation Rules of Foreign Trade Barrier of
Ministry of Commerce of PRC.
The investigation was filed based on petition by the China
Chamber of Commerce for Import and Export of Machinery and Electronic Products
and the China New Energy Chamber of Commerce. The petitioner pointed out that,
the US government has provided policy support and subsidies for its renewable
energy industry, which violated WTO rules, and blocked and restrained the
development of China’s renewable energy industry as a trade barrier. The
petitioner requires MOFCOM to initiate trade barrier investigation, and
eliminate unfavorable influence of US supportive
policy and subsidies on China’s renewable energy industry, so as to maintain
fair trade environment.
Through review, MOFCOM has decided to probe into 6 supportive
policies and subsidy measures alleged by the petitioner. MOFCOM will conduct
investigation based on China’s laws and regulations, to evaluate the impact of
US supportive policies and subsidies for its renewable energy sector on China’s
renewable energy sector.
According to rules, the investigation will be concluded by
May 25, 2012.