China eyes steps to ease solar panel industry price war
Government looks to maintain country's 80% share by addressing capacity glut
China's domination over solar panels covers the entire supply chain, from raw materials to the finished product. © Reuters
KOHEI FUJIMURA
DALIAN, China -- The Chinese government is cracking down on price competition in solar panels, looking to bolster the sustainability of an industry in which China holds global dominance, but that is deteriorating due to oversupply.
"We will comprehensively manage the disorderly low-price competition," Li Lecheng, China's minister of industry and information technology, said at a roundtable discussion on Thursday with the heads of related companies and industry groups.
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