Will China’s Latest Vow to Tackle Solar Panel Oversupply Have Desired Impact?

Will China’s latest vow to tackle solar panel oversupply have desired impact?

Minister tells industry representatives that “disorderly low-price competition should be comprehensively addressed”.

China Vows to Increase Oversight of Wayward Solar Sector

The Chinese government vowed to increase oversight of the nation’s beleaguered solar industry, which has suffered billions of dollars in losses as an over-abundance of manufacturing capacity slashes prices.

Beijing Moves to Prop up Solar Panelmakers Hit Hard by Price War

Officials pledged on Thursday to help the photovoltaic industry, as top solar manufacturers have suffered losses amid huge overcapacity and a long price war

China’s Industry Ministry Holds Unprecedented Meeting to Tackle PV Industry Crisis and Rein in Cutthroat Competition - YT FINANCE

In an unprecedented move, the Ministry of Industry and Information Technology (MIIT) convened a special meeting to help the photovoltaic (PV) industry break out of its vicious cycle of cutthroat competition and get back on track.