Li Keqiang visits Greece to find the entry point of European PV industry

On June 25, Premier Li Keqiang ended Greece’s three-day official visit on the 21st. Li Keqiang said that Greece has become "the door of China to Europe." Nowadays, the question of the photovoltaic industry is whether Greece can become the "cut-in point" for China's PV industry to enter Europe.
Li Keqiang said that China regards Greece as a strategic gateway
for Chinese products to enter the European market . The Chinese delegation headed by Premier Li Keqiang brought a total of 6.5 billion euros to Greece. The agreement was signed between the two countries. Memorandum (MOU) form. Once it blossoms, it is expected to improve the Greek economy and build it into one of the strongest partners in Europe. More importantly, the significance of cooperation is likely to exceed the scope of the "transaction agreement", making Greece a strategic channel for China to Europe - the prototype has become more and more apparent.

During the visit, Premier Li Keqiang met with Greek President Karolos Papoulias to inspect China's state-owned shipping giant China Ocean Shipping (Group) Corporation (CHINAOCEANSHIPPING, Cosco) Piraeus container pier. Li Keqiang pointed out that China is willing to strengthen cooperation with Greece in various fields and jointly build the port of Piraeus (hereinafter referred to as "Banggang") into a logistics center between China and Central and Eastern Europe and Southeast Europe.

On Friday, Premier Li and Greek Prime Minister Antonis Samaras jointly issued a directive to train a train full of Chinese goods to a destination in Central and Eastern Europe.

At the ceremony, Premier Li Keqiang said: "Beyond Hong Kong is expected to become China's gateway to Europe." He added that about 80% of Chinese cargo ships heading to Europe reach Europe through the sea. China's goods have been exported to Europe by comparison, which is 7 to 11 days shorter than the traditional route. It is the shortest shipping route for Chinese products to Europe.

Li Keqiang said that China regards Greece as a strategic gateway for Chinese products to enter the European market.

"We hope to cooperate with Greece to build Bigang into one of the most competitive ports in the world." Li Keqiang claimed.

China can invest in the railway system

China not only intends to expand its business in Hong Kong (there is an analysis that Cosco's target is 67% of the equity of Hong Kong), but also officially expressed interest in investing in the Greek railway system. In addition, last Thursday, Li Keqiang also said that China is increasing its purchase of Greek government bonds. When Greece reissues new debts, China will continue to be a long-term investor.

On June 20, Premier Li Keqiang and Greek Prime Minister Samaras jointly inspected China Ocean Shipping Group Piraeus Container Terminal

Although the leaders of the two countries did not comment on the photovoltaic sector, the two prime ministers clearly stated in a statement that they would vigorously promote the investment agreement between China and Europe. Many journalists interpret this as the Greek government’s pro-China stance in the EU’s anti-dumping case against China. Originally, Greece has expressed support for China and opposed the EU's anti-dumping tax rate.

Prime Minister Samaras has hinted that China intends to acquire the Independent Power Transmission Operator (ADMIE), and the Greek government also wants to privatize it.

In several large orders signed this time, Enterprise Greece (formerly invested in Greece) signed a memorandum of understanding with China's largest construction company group and the largest international contractor China Construction Co., Ltd. (CSCEC) to bloom in the photovoltaic field. Shining – Enterprise Greece plans to install a 1.5 GW solar project in China.

In addition, the wind power industry has also achieved concrete results: the two countries signed an agreement to plan to generate 200 MW of wind power by 2017.

The visit of Li Keqiang is expected to promote the realization of the plan to establish a Chinese PV module assembly line in Greek land. As China regards Greece as a long-term strategic partner, China's products exported to Hong Kong through Hong Kong are expected to grow steadily.

With the effect of the lowest price achieved by the China-European PV negotiations, it is not surprising that Chinese PV manufacturers are interested in setting up installation lines in Greece.

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