RSSNewsletterSiteMapFeedback

Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / Business Highlights Tools: Save | Print | E-mail | Most Read | Comment
EU Sees Light on Chinese Energy-saving Bulbs
Adjust font size:

According to the Ministry of Commerce (MOC), the European Union (EU) plans to remove this October the 66 percent anti-dumping duties imposed on China-made energy-saving light bulbs. Chinese energy-saving light bulbs are 20 percent more energy-efficient than traditional ones and assist EU countries in reducing greenhouse gas emissions.

"The duties have made the energy-saving light bulb's price increase by 66%. This is the major reason why the EU has decided to lift the anti-dumping duties," an expert said. The duties have caused the exports of Chinese energy-saving light bulbs to drop by over 70 percent in the EU market, once the major overseas market for Chinese light bulb makers.

Reportedly, EU members have passed a resolution that requires every household replace traditional incandescent light bulbs with energy-efficient fluorescent lights to save energy. This resolution stimulates the EU to cancel the anti-dumping duties.

For more details, please read the full story in Chinese. (http://www.bbtnews.com.cn/political/channel/political25418.shtml)

(China.org.cn August 7 2007)


 

Tools: Save | Print | E-mail | Most Read

Comment
Username   Password   Anonymous
 
China Archives
Related >>
Most Viewed >>
-Commercial banks allowed to access futures market
-WB cuts China's 2008 GDP growth to 9.6%
-Economic policy needs 'rethink'
-Coal reserves at China power plants up
-Macao's gaming market expands further

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright © China.org.cn. All Rights Reserved E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP证 040089号