Yingli Green Energy (Yingli Solar), a China-based solar firm, has commented on the imposition of preliminary anti-dumping duties by the European Commission (EC) targeting solar products originating in China as well as those shipped from China. As of June 6, Yingli Solar's products will be subject to a preliminary duty of 11.8% until August 5. From August 6 until the final ruling in December, the firm's duty will be set at the level of 37.3%, which is the lowest rate among all China-based solar manufacturers, unless there is a negotiated solution between China and the EC, said Yingli Solar.
Under the current EC decision, duties would have to be deposited not only on imports of solar products originating in China but also on imports of solar products originating in other countries but shipped from China. When the anti-dumping investigation was initiated, it was defined to target China-made solar products only.
"Yingli Solar notices with regret that the EC insists on imposing preliminary anti-dumping duties on China-made solar products despite massive opposition from EU member states," said Liansheng Miao, chairman and CEO of Yingli Solar. "Punitive tariffs – no matter at what level – will inevitably lead to higher prices for solar products causing at least the stagnation of the solar industry in Europe. The firm therefore encourages the prompt resumption of talks between China and the EC."
