China solar industry's losses narrowing on overcapacity push, association says

China's solar industry saw a 46.7% reduction in losses in Q3, despite ongoing overcapacity issues. The sector remains a focus of Beijing's efforts to curb industrial overproduction. New solar installations are set to hit a record high this year, but future demand is uncertain. While manufacturing capacity construction is down, solar cell and module output increased. Government regulations and market-based pricing pose challenges, yet leading manufacturers remain optimistic about future demand.