Imposing restrictions on Chinese exports of solar products will result in a lose-lose situation for China and the European Union and may seriously damage bilateral trade and the employment market, the Chamber of Commerce for the Import and Export of Machinery and Electronic Products said on Tuesday.
The EU will no longer be able to share China's achievements on the solar sector — which accelerates the development of green energy — if the bloc decides on improper rulings on Chinese solar exports, the CCCME said.
In addition, the EU's exports of solar equipment and technology to China and 204,000 job opportunities throughout the downstream and upstream sectors of the solar industry would surely suffer a serious impact, it added.
The chamber urged the EU to resolve the ongoing trade conflict through bilateral talks, prudently considering the interests of each party.
Boosting industrial cooperation would be a practical measure for China and the EU, which would bring benefits to the development of the solar industry, consumers and the environment, CCCME said.