China's Solar Panel Industry Looks for Solution

　　With China's solar panel industry still facing challenges in the European Union, despite an agreement to overcome anti-dumping penalties, the industry itself in China is looking for ways to cope.

 

　　CRI's Li Dong has more.

 

　　Polycrysilicon is an indispensable raw material in the solar panel manufacturing process. According to statistics, among the 50 major polycrysilicon enterprises nationwide, more than 86 percent have suspended or half suspended their production.

 

　　Chinese solar panel production quadrupled between 2009 and 2011; accounting¹ for more than the entire global demand. The European Commission accused China of dumping its solar panels in Europe at prices lower than the cost of production.

 

　　A price undertaking² deal was just reached between China and the EU on August 7 regarding the solar panel dispute. Starting August 6, Chinese solar panel enterprises won't be subject to high punitive³ duties, but the EU has set a limit on the export volume and minimum price of China's solar panel products.

 

　　Gao Hucheng, minister of China's Ministry⁴ of Commerce says the resolution of this dispute provides the domestic solar panel industry with a chance to improve.

 

　　"All the enterprises know that this is a reshuffle and an adjustment for the entire industry. Personally, I think this is a chance for China's enterprises to upgrade and enhance the quality of their products."

 

　　Based on the deal reached by the EU and China, nearly 400 megawatts of production capacity has been rejected by the EU market, meaning the capacity needs to be consumed by China's own domestic market.

 

　　Liang Tian, general manager assistant of Ying Li Green Energy Corporation, says that they have prepared for the fallout from the deal.

 

　　"We mainly rely on building distributed solar power plants. This can consume 130 megawatts of capacity a year. The other solution is to explore new markets like Southeast Asia and Japan, Africa and South America."

 

　　Meanwhile, China's State Council has issued a series of preferential policies to subsidize the domestic solar panel enterprises.

 

　　The policy maintains that by 2015, the total installed capacity of solar panels will reach more than 35 million kilowatts⁵ per hour. The policy also provides specific goals with regards to grid⁶ connection and the upgrading of China's solar panel industry.

 

　　For CRI, I am Li Dong.

1 accounting   

n.会计，会计学，借贷对照表

参考例句：

• A job fell vacant in the accounting department.财会部出现了一个空缺。
• There's an accounting error in this entry.这笔账目里有差错。

2 undertaking   

n.保证，许诺，事业

参考例句：

• He gave her an undertaking that he would pay the money back with in a year.他向她做了一年内还钱的保证。
• He is too timid to venture upon an undertaking.他太胆小，不敢从事任何事业。

3 punitive   

adj.惩罚的，刑罚的

参考例句：

• They took punitive measures against the whole gang.他们对整帮人采取惩罚性措施。
• The punitive tariff was imposed to discourage tire imports from China.该惩罚性关税的征收是用以限制中国轮胎进口的措施。

4 ministry   

n.(政府的)部；牧师

参考例句：

• They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
• We probed the Air Ministry statements.我们调查了空军部的记录。

5 kilowatts   

千瓦( kilowatt的名词复数 )

参考例句：

• It's about 500 kilowatts per hour on average. 年用电量平均为每小时500千瓦。 来自商贸英语会话
• We have an emergency-standby electric generator with a capacity of 300 kilowatts. 我们有一台三百千瓦的事故备用发电机。

6 grid   

n.高压输电线路网；地图坐标方格；格栅

参考例句：

• In this application,the carrier is used to encapsulate the grid.在这种情况下，要用载体把格栅密封起来。
• Modern gauges consist of metal foil in the form of a grid.现代应变仪则由网格形式的金属片组成。