China Urges Industry Cooperation to Address Solar Overcapacity Crisis
China has called for coordinated efforts within its solar power industry to tackle the issue of severe overcapacity. The country's solar manufacturing capacity significantly exceeds global demand, leading to a domestic price war. The Chinese government is advocating for measures such as capacity control, standard guidance, price enforcement, mergers and acquisitions, and intellectual property protection to promote high-quality development in the photovoltaic industry. This initiative follows a meeting involving key agencies and major state-owned power generators, emphasizing the need for inter-departmental coordination to address the industry's challenges. 
