Along with the shift of the government supporting policy and the serious output excess, the China PV industry has been through "the worst times".
The risk report released February 14 by the China Credit Insurance Ningbo Branch pointed out that since early last year, about $ 340 million of photovoltaic products in Ningbo City bought export credit insurance, the current total reported loss amounted to $ 36,787,200, an increase of 329.4%; loss rate of more than 10%, ranking first among the industries.
The SINOSURE Ningbo Branch reminded that currently the PV subsidy policy is uncertain, along with the impact of the European Blizzard system installation and terminal requirements, photovoltaic export enterprises in Ningbo City should closely follow the national policies adjustments in a timely manner and confirm follow-up co-operation with the new and old customers in time.
At the same time, good receipt tracking is also very necessary, once the order is overdue, the shipping of the product should be stopped instantly; besides, it is necessary to report immediately at the transaction risk, so as to maintain their own overseas interests through formal channels.
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