EXPORTS by Chinese manufacturers of 'new three' green transition products continued to grow in March, despite mounting global trade tensions, reports Caixin.
Overseas shipments of solar cells, electric vehicles (EVs) and lithium-ion batteries all increased last month, according to data from China's General Administration of Customs.
Among them, solar cell exports saw the highest growth rate of 84.6 per cent year-on-year, followed by passenger-carrying EVs at 32.1 per cent and lithium-ion batteries at 25.1 per cent.
However, the export value of these products varied. Lithium-ion battery exports surged 29.1 per cent year-on-year to US$5.8 billion in March, maintaining the growth momentum of the previous month, while passenger-carrying EV exports rose three per cent to $4.2 billion in value, rebounding from a 4.3 per cent drop in February.
In contrast, the value of solar cell exports plunged 23.5 per cent to $2.5 billion in March, following a 40.3 per cent decline the month before.
SeaNews Turkey
Overseas shipments of solar cells, electric vehicles (EVs) and lithium-ion batteries all increased last month, according to data from China's General Administration of Customs.
Among them, solar cell exports saw the highest growth rate of 84.6 per cent year-on-year, followed by passenger-carrying EVs at 32.1 per cent and lithium-ion batteries at 25.1 per cent.
However, the export value of these products varied. Lithium-ion battery exports surged 29.1 per cent year-on-year to US$5.8 billion in March, maintaining the growth momentum of the previous month, while passenger-carrying EV exports rose three per cent to $4.2 billion in value, rebounding from a 4.3 per cent drop in February.
In contrast, the value of solar cell exports plunged 23.5 per cent to $2.5 billion in March, following a 40.3 per cent decline the month before.
SeaNews Turkey