China Plans Solar Industry Meeting to Help Stop Price War

China's market regulator will meet with solar industry leaders on Friday. The meeting will focus on fair pricing and better business rules.

The government wants to slow a long price war in the solar industry. Many companies have been cutting prices to win more buyers. This has made it hard for many businesses to earn money.

China has made more solar products than the market needs. This has pushed prices down for a long time. Many top solar companies have reported big losses. Some expect to lose billions of yuan in the first half of this year.

The meeting will also talk about cost rules. Officials hope better pricing and fair competition will help the industry become stronger.

China tried to stop unfair price cuts last year. But too many solar products are still being made. The problem has not gone away.

Price wars have also hurt other industries in China. These include electric cars, lithium batteries, cement and food delivery.

The government says it wants a healthier market where companies can compete fairly and grow over time.