China's Ministry of Commerce (MOFCOM) has decided to do away with the countervailing and antidumping duties on polysilicon imported from the European Union. This decision comes after the European Union terminated in September the import duties it had imposed on Chinese solar cells and modules.
China had imposed duties in May 2014 against European polysilicon imports in retaliation to the duties imposed by the European Union on Chinese modules in 2013. The EU then extended its solar duties for another 18 months in March 2017. In return, the Chinese ministry had renewed its duties in May 2017 that were to last for a period of 18 months that ended on October 31, 2018.
After lengthy internal discussions, the EU finally decided to scrap its import tariffs on solar panels and cells from China with effect from September 3, 2018 (see End of MIP on Chinese Modules Close). Now MOFCOM has announced it will not renew its tariffs since no local company or association came forward with request to renew it.
While the Chinese ministry said it did not get any request for renewal to continue the duties from the domestic industry, it can be looked at as a step in the direction of improving the trade relations between these two big solar markets of the world that will ultimately strengthen the solar industry as a whole.