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dumping and anti-subsidy measures, have largely reduced China’s export to the country.
Photovoltaic modules export to India also slumped 24.4 percent to 1.81 GW in the first quarter, as the Indian government ordere
d that all photovoltaic modules for government and central public utilities projects should be 100 percent India-made.
China’s top five photovoltaic modules exporters in value in the first quarter were Jinko Solar, J
A Solar, Trina Solar, Canadian Solar, and Longi, taking up 12.8, 8.6, 8.3, 7.4, and 6.7 percent, resp
ectively, of total export value. Export volume of the top 12 exporters took up 65 percent of total export, added the report.
The report projected that China’s photovoltaic modules capacity will furth
er expand 8.5 percent to 83 GW this year, with nearly 50 GW exported to the overseas market.
Wang Yang, an analyst with Soochow Securities based in Suzhou, Jia
ngsu province, said that apart from the economic recovery underpinned by su
pportive policies, cyclical factors also imply that earnings growth will continue to recover in the rest of the year.
According to Wang, the current profit cycle of A-share companies started from 2
016 and should end with recovery this year, as the cycles usually last for 12 to 14 quarters.
This year’s gradual recovery in earnings growth could help the A-share market to withstan
d external uncertainties, said Yan Xiang, an analyst with Shenzhen-based Guosen Securities.
“It is quite different from 2018 when earnings growth of most companies deteriorated. Earn
ings growth, a determinant of the market trend, is likely to be on the recovery path,” Yan said in a note.
Almost 500,000 international students studied in China in 2018, earlier slight increase on 2017, the Ministry of Education said Friday.
A total of 492,185 international students from 196 countries and region
s studied in China last year, up 0.62 percent on the previous year, the ministry said in a statement.
South Korea ranked first in the number of students sent to China last year, with 50,600 students, followed b
y Thailand with 28,608, Pakistan with 28,023, India with 23,198, and the United States with 20,996.
The number of students pursuing academic education increased
6.86 percent year-on-year to 258,122, accounting for 52.44 percent of the total.
Students studying for master’s and doctoral degrees increased by 12.28 percent to 85,062, the ministry said.
Most international students in China have been self-funded, accounting for 87.19 percent of the total, it said.