Yingli chief executive Liangsheng Miao says he has“observed improved price and payment terms” for recently signed orders, whichhe takes as “evidence of China’s domestic market growing more rational”,including a more “balanced” supply-demand situation.

Miao’s comments came as Yingli announced a 59MWfollow-on order from the renewables subsidiary of China Three GorgesCorporation, to be spread across three ground-mount projects in Hebei, Gansuand Inner Mongolia.