CHAPTER 4
WHY CHINA? THE ADVANTAGEOUS POSITION OF CHINA’S PV INDUSTRY
In the near future, any and all applications of PV technology, from the PV power plants in Golmud, Qinghai Province, to the rooftop solar panels of households in Hainan Province, will become part of a larger Chinese PV market.
Boasting a territory of 9.6 million square kilometers, a population of nearly 1.4 billion, a bank balance of over 100 trillion yuan, and an annual economic growth of 9.8% for 30 consecutive years, China has become the world’s second-largest economy.
China has a group of outstanding entrepreneurs who have grown up after the beginning of reform and the opening up of society. By making use of policy (a “visible hand”) and the market (an “invisible hand”), ...
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