Here's your summary from China Solar Industry in 'Deep Down Cycle', Says Polysilicon Maker (https://www.youtube.com/watch?v=hTTtvPYQpJ0) on the Bloomberg Television channel:
### TLDR:
The China solar industry is facing a deep down cycle with falling prices and overcapacity, leading to decreased profitability and potential layoffs.
### Key Points:
1. Industry feedback from a conference indicates a consensus that the solar industry is entering a deep down cycle with profitability down by 70%.
2. Government regulators are being called upon to set higher standards to limit high energy consumption and carbon footprint in the industry.
3. Job cuts and layoffs are being seen in the industry, with some companies facing permanent layoffs due to overcapacity and lower utilization ratios.
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