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Chinese Solar Leaders Offer Only Slow Remedies for Industry Pain

Bloomberg · last updated

Chinese solar sector luminaries offered solutions at China’s annual parliament that could help their beleaguered industry in the long-term — but not much to staunch the current bleeding.

Panel makers focused on improving the industry’s technology, expanding overseas trade and reforming China’s power markets at the National People’s Congress in Beijing over the past week. Less time was spent on fixes to the industry’s overarching problem — overcapacity that’s sent prices into a deflationary spiral and hammered profitability.