In a joint statement, the three said that restrictive measures will hurt China's solar industry, hinder solar application and development in Europe and have a negative impact on the EU's economy and employment.

China's PV producers won't be the only victims of the duties, according to industry insiders.

Barry Broome, CEO of the Greater Phoenix Economic Council of the United States, said it is highly possible that the proposal will pass and affect companies in other countries, citing US anti-dumping policies targeting Chinese PV products.

Punitive tariffs struck many US companies that have formed promising business relations with their Chinese partners, Broome said.

Broome added that two major projects involving Chinese investors were cancelled in Arizona due to the policies.

"China is willing to make joint efforts with the EU to maintain healthy and stable trade relations," a spokeswoman from the Chinese Mission to the EU said Wednesday, adding that trade protectionism will only weaken economic growth.