China's photovoltaic manufacturing industry continues to operate at a high level.

From September to October 2023, my country's photovoltaic manufacturing industry will continue to operate at a high level. According to the photovoltaic industry standard announcement corporate information and industry association estimates, the national output of silicon materials, silicon wafers, cells, and modules has increased by more than 60% year-on-year.

In terms of silicon materials, national polysilicon production reached 236,600 tons from September to October, a year-on-year increase of 90%.

In the silicon wafer sector, national output reached 87.95GW from September to October, a year-on-year increase of 61%.

In the battery sector, the national crystalline silicon battery output reached 83.81GW from September to October, a year-on-year increase of 78.7%.

In the component sector, the national crystalline silicon component output reached 79GW from September to October, a year-on-year increase of 86.7%.

According to the above summary, the national crystalline silicon cell output exceeded 403GW from January to October, and the total export of photovoltaic silicon wafers, cells, and components reached US$42.99 billion.

On the other hand, domestic photovoltaic product prices have continued to fall since the second half of the year. From January to October, the prices of polysilicon and module products fell by 60% and 40% respectively. The export growth rate of some photovoltaic products has slowed down, with module exports declining year-on-year. 4.6%. The risk of overcapacity in mid- to low-end industries requires great attention.