CHINA yesterday voiced deep concerns over European solar panel makers' bid for a trade remedy investigation against Chinese photovoltaic products.

If the European Union launches trade remedies against photovoltaic products imported from China, it will hurt cooperation between European and Chinese enterprises, the Ministry of Commerce's spokesman Shen Danyang said at a press conference.

The move will also weigh against the development of both upstream and downstream industries of the eurozone's photovoltaic sector, and in turn hinder low-carbon efforts, Shen said.

"China hopes that the EU will carefully proceed with the matter," Shen said.

He said China shares complementary advantages with many countries in developing the photovoltaic industry.

According to Shen, 20 percent of China's polysilicon imports worth US$764 million were from Germany last year, while 45 percent of its photovoltaic equipment imports were from the EU.

Regarding the EU's accusation that Chinese mobile network equipment makers Huawei and ZTE have gained from illegal state subsidies, Shen said such a claim was unwarranted and unreasonable.

The two companies are running their businesses in a domestic market open to competition, Shen said.

Source:shanghaidaily.com