Reference News website reported on May 6 that according to the report of the Financial Times website, data showed that China had already rapidly expanded the scale of selling solar panels, batteries and other green energy technologies to emerging markets long before the tariff war with the United States broke out, and these exports are expected to further increase in the process of finding buyers.
According to statistics from Bloomberg New Energy Finance, emerging markets accounted for 43% of China's clean technology exports in 2024, far higher than 24% in 2022, which is a sign that this manufacturing giant is seeking to open up new markets.
At the same time, the decline in prices has made developing countries more affordable for these green energy products.
China pledged to promote technological innovation and industrial transformation through cooperation, allowing high-quality green technologies and products to circulate freely, so that all countries, especially the vast majority of developing countries, can afford them and use them well.
Antoine Vannier-Jones, head of trade and supply chain at Bloomberg New Energy Finance, said that China's growing sales of products to emerging markets also benefits global efforts to address climate change.
Bloomberg New Energy Finance found that more than three-quarters of all new investments in the global green energy technology manufacturing sector last year occurred in China. (Compiled by Cao Weiguo)
This is a aerial photo taken on June 7, 2018 of the third phase project of the Noor Ouarzazate Concentrated Solar Power Station in Morocco. Since 2015, the Shandong Electric Construction Third Company under the China State Construction Engineering Corporation has undertaken the second and third phase projects of the Noor Ouarzazate Concentrated Solar Power Station in Wuarzazate. (Xinhua News Agency materials)
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