Japan jumps to China's largest export market for photovoltaic products

Taiwan's "Electronic Times" reported on March 27 that according to the statistics of the China Chamber of Commerce for Import and Export of Mechanical and Electrical Products (CCCME), in 2013, the Japanese market accounted for 24.63% of China's total exports of photovoltaic products, and in the first two months of 2014. With a proportion of 34.23%, Japan has become the largest market for China's export of photovoltaic products.

According to CCCME, in 2013, the Asian market accounted for 44.78% of China's total PV product exports; in the first two months of 2014, this proportion rose to 52.39%. The European market fell from 30.26% in 3013 to 22.56% in the first two months of 2014.

According to CCCME, China's PV products are over-produced. The optimal number of PV manufacturers in China is 3 to 5, and no more than 10. Therefore, Chinese producers need to carry out mergers and acquisitions.

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