Market Chatter: China Solar Makers Should Quell Downturn Through Innovation, LONGi Chairman Says

MT Newswires Live03-12

Chinese solar manufacturers should innovate their technologies to arrest a downturn in the industry, Bloomberg reported Thursday, citing LONGi Green Energy Technology (SHA:601012) Chairman Zhong Baoshen.

"Technological advancement will help widen the gap with low-end production capacity," the news outlet quoted Zhong as saying.

LONGi's chairman also called for more stringent quality controls, clearer industry standards, and better competition regulation to ensure updated capacity and restore health supply and demand, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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