In the first half of 2013，China’s photovoltaic（PV） industry experienced a substantial adjustment，a large number of company went bankrupt，which were influenced by the downturn of European macroeconomic，the lower FIT （Feed-in Tariff） standards of PV，the escalating trade friction and seriously super abounded production capacity. With Chinese government issued “File No.24 of the State Council” and many other photovoltaic industry policies in the second half of 2013，the demand of PV market had a significant recovery. Outlook for 2014，it’s clear that the international demand area of PV market will change. Promote by the continuing decline of PV cost，good policy，the rapid rise of emerging markets and other favorable factors，global PV market will continue to expand. Forecast for 2014，global newly installed PV capacity will reach to about 42GW. And China will become a major driving force for the market growth that will reach to about 14GW. On the other hand，the new expansion of production capacity，and the uncertainty of international market also bring some challenges in PV market in 2014.