China's green exports further propel foreign trade growth
In China's pursuit of high-quality and low-carbon development, apparel, home appliances and furniture have given way to three tech-intensive green products as the top drivers of China's foreign trade.
The new "three major ones," namely solar batteries, lithium-ion batteries and electric vehicles, registered a 66.9 percent increase in the first quarter of this year, official data showed. Together they contributed 2 percentage points to the overall export growth, up from 1.7 percentage points for 2022.
A symbol of China's improved trade structure and high-quality trade growth, the rising presence of green exports over the past decade revealed the competitive edge and potential of their respective sectors, analysts say.
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