Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-520-000"
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"en.20120522.21.2-520-000"2
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"Mr President, the interparliamentary delegation for relations with China has asked me to look in more detail at the transition to renewable energy in the People’s Republic. It is clear that the Chinese have defined renewable energies, and by no means just photovoltaics, as a strategic growth industry and are taking extensive measures to ensure that they have a technological advantage, to establish the industry in their own country and to become heavily involved in the industry by means of ownership and dumping issues. We are aware of the problem that, especially in the field of renewable energies, so-called European partners have only been allowed to own 20% of joint ventures. That figure has now been slightly increased, but nevertheless we are seeing competitive dumping on a massive scale, specifically in the wind energy industry. The photovoltaics sector has already been discussed. A total of 40 state-owned Chinese companies are being given what by international standards amounts to very one-sided preferential treatment, and we are aware of the complaints that have been made by the US, because China wants to establish pioneering businesses at a national level and is disregarding many of the principles of international trade.
The tragic aspect of this situation is that the European Union is once again taking action too late in a growth market, a market of the future. Ultimately, this will come back to haunt us via the votes of our citizens, who do not understand what is happening. This is why I am making an urgent call for the European Union to focus on the industries of the future in its trade relations and to take much tougher measures in this area."@en1
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