Intelligence
China Hosts Industry Self-Regulation Forum to Address Challenges in Photovoltaic Sector
2024-11-28 9:14

On the afternoon of November 22, the "Photovoltaic Industry Trade Self-Regulation Forum," organized by the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME), was successfully held in Beijing. The forum was attended by Zhang Yujing, President of CCCME; Chang Hui, Deputy Director-General of the Foreign Trade Department at the Ministry of Commerce; Zhao Yang, Deputy General Manager of the Trade Credit Insurance Department at China Export & Credit Insurance Corporation; and senior representatives from 22 domestic photovoltaic (PV) companies, totaling over 50 participants. The meeting was chaired by CCCME Vice President Shi Yonghong.

In his address, President Zhang highlighted the increasingly complex and dynamic global economic landscape, marked by both opportunities and challenges as well as a blend of cooperation and competition. He noted that China’s PV sector, a representative of the nation’s emerging export pillars, faces intensified internal competition and rising trade barriers abroad. Zhang called for collaboration across the PV value chain, urging stakeholders to strengthen self-discipline and prevent the externalization of domestic competition. He emphasized CCCME's role in creating an orderly business environment to facilitate high-quality globalization of PV enterprises.

Deputy Director-General Chang Hui underscored the strategic importance of the PV industry as a competitive advantage and a key export product for China. He stressed the need for companies to strengthen self-regulation, promote healthy competition, and safeguard the international reputation of "Made in China." He also encouraged trade associations to unify industry consensus and regulate competition while government entities focus on creating favorable policies. He noted that the industry has reached a critical juncture, requiring concerted efforts from enterprises, associations, financial institutions, and the government to ensure healthy, stable, and sustainable development.

Zhao Yang, Deputy General Manager of China Export & Credit Insurance Corporation, acknowledged the mounting challenges in the global economy, including financial system reform, debt governance, and balancing energy transition with carbon reduction. He noted that the PV industry faces new risks, including declining prices and heightened risks for downstream stakeholders such as distributors and investors. Zhao pledged that China Export & Credit Insurance Corporation would advance green finance initiatives and serve as both a "catalyst" and "gatekeeper" to provide solid support for the stability and development of the PV sector.

During the corporate discussion session, executives from leading companies such as Gao Jifan (Chairman, Trina Solar), Li Xian’de (Chairman, Jinko Solar), Zhong Baoshen (Chairman, LONGi Green Energy), Yang Aiqing (Executive President, JA Solar), Wu Fei (Chairman, Suntech Power), Chen Gang (Chairman, Aiko Solar), and Wang Yong (Chairman, Haitai New Energy) expressed strong support for the self-regulation initiative. They proposed improvements such as differentiated export tax rebate mechanisms, a blacklist/whitelist system, and enhanced credit insurance and financial support for compliant and orderly capacity expansion.

The forum addressed pressing issues of severe internal competition and mounting collective pressures within China's PV industry. It aimed to foster collaboration among stakeholders to improve the business environment and encourage compliance, healthy practices, and global market expansion. The meeting was significant in alleviating current challenges and boosting confidence across the sector.

Source:https://mp.weixin.qq.com/s/lLeNinVodeHvtimbVncBjQ

 
Tags:battery , PV
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