Reference News Network October 16 report: The French newspaper "Les Échos" published an article on October 13 with the title "China's Comprehensive Acquisition Campaign in Energy Transition," written by Jean-Marc Vittori, who pointed out that China has become the top exporter of environmental products. The following is a compilation of the article content:

The Organization for Economic Cooperation and Development (OECD) recently released a report. The OECD noted: "China has risen from a laggard to a leader over the past three decades and is now the top exporter of environmental products."

Since 2019, China has achieved a trade surplus in low-carbon technology products.

This all started in what seemed like a niche market: solar panels. Chinese manufacturers have nearly eliminated all Western competitors, and now their market share in the basic components of solar panels, silicon wafers, exceeds 95%.

China then made a strong rise in the electric vehicle sector. Two-thirds of the world's electric vehicle assembly plants are located in China, and China also holds two-thirds of the share in battery (and energy storage) sectors, with the proportion of positive and negative electrode materials reaching about 90%.

China has already gained the ability to independently build nuclear power plants. Experts from the energy transition think tank "Unburnt Coal" emphasized that since last year, China's green hydrogen capacity has exceeded the total of other regions around the world. China is accelerating investments in areas such as heating electrification, sustainable fuels, and carbon capture.

And this is just the beginning. China is making large-scale investments in research and development. The "Unburnt Coal" research organization pointed out: "Chinese companies account for about 75% of clean energy patent applications." According to OECD data, over the past decade, "China's high-quality patent applications in environmental technology have increased by more than six times, while the increases in the United States and the European Union were both less than 20%."

This country is about to become the top supplier of low-carbon technology. The measurement unit of this market is no longer in billions of dollars or euros, but in trillions. (Translated by Liu Zhuo)

Original article: https://www.toutiao.com/article/7561695533128040960/

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