PV product manufacturersto face strict new measures

Updated: 2013-04-17 14:03

(China Daily)

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Companies hoping to manufacture photovoltaic products, such as solar panels, will have to meet strict new criteria, according to the China Securities Journal on Tuesday.

It said the criteria, to be issued by the Ministry of Industry and Information Technology, will boost the industry's development, and companies that fail to meet the criteria will find it hard to get bank loans or land.

Experts said the measure will help firms that are well organized and efficient to gain new markets.