Sino-British top economic and trade cooperation is in sight | Solar energy will usher in another spring

The recent reference news published the article titled 'Chinese and English to do a 'top-level' event, meanings extraordinary, triggered a lot of media forwarding and attention. The report said that Sino-British trade will usher in a big breakthrough, the two countries are expected to achieve high levels Cooperation. The source was quoted from the British newspaper The Independent. The report said that after the 13th meeting of the China-UK Economic and Trade Joint Commission in Beijing recently, the Chinese Ministry of Commerce issued a statement. The two countries agreed to 'actively explore the two sides after the Brexit. Negotiating the possibility of a high-level FTA. At the same time, Reuters also believes that China is one of the countries that hope to reach a FTA after Brexit.

British Minister of International Trade Fox attends the 13th meeting of the China-UK Economic and Trade Joint Commission in Beijing

Image Source / Associated Press

So, what is the difference between the 'Free Trade Agreement' and the general trade agreement? Why is it described as a 'top-level' event? Zhang Huanbo, researcher at the China International Economic Exchange Center, said in an interview. The openness of the FTA is a broad-based, high-level agreement for a new generation of trade rules. The scope of the FTA covers a wide range of areas, including e-commerce, competition policy, government procurement, and environmental and other '21st century economic issues'. This means that the economic and trade openness between the two countries is unprecedented, and it is called 'top'.

What impact will the economic and trade cooperation between the two countries have on the clean energy and solar energy industries? On the one hand, the clean energy and solar energy industries involve environmental protection, while environmental protection and economic sustainable development are one of the '21st century economic and trade issues'. Therefore, the new energy series project will inevitably play an important role. On the other hand, the United Kingdom is one of the important strategic partners of China's 'Belt and Road' North Line countries, and signed the "One Belt and One Road" Financing Guiding Principles with China, and The new energy project represented is an important area of ​​'One Belt, One Road' cooperation between countries. The EU announced that it will lift the import control of solar panels and batteries in China from September 3, and the EU has been in the Chinese solar industry for five years. The end of the 'double-reverse' policy, China's solar industry trade with the EU will be further expanded. Once the two good news is realized, China's solar energy will usher in another spring of development.

Both China and Britain are full of expectations for this 'top' cooperation.

Image Source / CNN News

As a European solar energy model country, the solar energy application field has spread to various households. It is reported that British residents have rarely used coal and other polluting energy to generate electricity. Solar energy is the most popular new energy source in the UK. When the light is good, Solar energy provides more than 25% of the total electricity demand for British residents. It was once the main source of power for new energy generation. In January this year, the British Renewable Energy Association REA and the All-Party Parliamentary Energy Storage Group APPG released a report saying that by 2021 The energy storage system in the field of solar power in the UK will account for 40%, and the development potential of the UK solar industry is huge.

British manufacturing workers

Image Source / Gedi Image

As the world's leading solar energy technology, China's world's largest export of solar energy equipment, in the international environment of China-UK free trade expansion, will have the opportunity to provide more solar energy products for the UK solar market. Hanergy is the world's leading film. China's clean energy companies with solar technology, in this year's China Renewable Energy Conference, released a total of eight of China's highest battery conversion efficiency records, Hanergy exclusive four, respectively, copper indium gallium selenide, gallium arsenide single junction, Gallium arsenide double junctions and HITs firmly occupy half of China's highest battery conversion efficiency record. Now Hanergy's thin film solar products are exported to all over the world, including exporting thin film solar energy to European countries such as the Netherlands, Germany, Britain, France, and Russia. Chips, power generation curtain walls, solar power generation systems, etc., laid the foundation for Hanergy's development in the European market. Now, with the UK-led European solar market continuing to open, it is of great benefit to Hanergy and even China. Let us wait and see.

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