a’s photovoltaic products. Export value to Vietnam rose 239 times to $739 million in the fi
rst quarter, taking up 16.8 percent of China’s total photovoltaic export value.
With the European Union ending its anti-dumping and anti-subsidy meas
ures, photovoltaic exports from China to Europe also saw large increase in Q1.
The country’s photovoltaic products export volume to the Netherlands and Spain increased 1,049.6 percent and 158.3 perc
ent, respectively, in the first quarter, said the report. It predicted that the emerging markets, such as Mexico, Aus
tralia, Turkey, and the United Arab Emirates will further boost the export of China’s photovoltaic modules.
The export of China’s photovoltaic products to the United States dropped 28.9 pe
rcent to just 0.01 GW in the first quarter, the report said. The Section 201, Section 3
magazine of the Communist Party of China Central Committee. He said more efforts a
re needed to implement the proactive fiscal policy and boost efficiency this year.
Preventing and defusing local governments’ hidden debt risks is key to controlling major risks, he said.
Innovative financial tools will be introduced for debt swaps, and the indebted comp
anies will be allowed to choose the same way, under guidance from the local governments, Liu Shangxi, hea
d of the Chinese Academy of Fiscal Sciences, the Ministry of Finance’s think tank, told China Daily.
“The total amount of hidden debt waiting to be swapped has not yet been calculated, as this
round of debt swaps will not involve the government’s administrative orders, but depends on the ma
rket’s appetite based on the evaluation of the potential default risks and the companies’ solvency,” he said.
identify unwarranted certification items for abolition and list all certification items deemed ne
cessary. At the same time, work to establish a pre-commitment qualification system will be intensified.
“The reform of the qualification system is part and parcel of our efforts to build a credit-based society. Without a fully fledg
ed credit-based society, our business environment will not see significant improvements,” Li said.
It was decided at the meeting that the practice of pre-commitment of qualification will be piloted in 13 pro
vinces and municipalities, including Tianjin, Liaoning, Shanghai, Guangdong, Sichuan and Shaanxi, and in five mi
nistries－the Ministry of Public Security, the Ministry of Justice, the Minist
ry of Human Resources and Social Security, the Ministry of Natural Resources and the Ministry of Transport.