The strong export momentum of the "New Three Kinds" reflects the three major trends in China's industrial upgrading
2023-07-20
On July 19, Guo Tingting, Vice Minister of the Ministry of Commerce, said at the press conference on business work and operation in the first half of 2023 held by the State Council Information Office: "The 'new three types' (including electric manned vehicles, lithium-ion batteries, and solar cells) have strong momentum, with exports growing by 61.6% in total, becoming a new growth point of trade." Li Bing, director of the Department of Economics of Lingnan College, Sun Yat-sen University, believes that the "new three types" of industrial exports have made remarkable achievements, Not only does it meet the market demand under the energy-saving and emission reduction laws of developed countries, but it is also the result of China's long-term strategic layout in green and low-carbon energy related industries. The abundant momentum of green industries has injected new vitality into foreign trade exports. In recent years, the global emphasis on new energy and green and low-carbon fields has gradually increased. The strong demand in the international market has driven the growth of China's green and low-carbon product exports, and the export growth rate of "new three types" products is relatively fast. According to statistics from the General Administration of Customs, the export value of lithium-ion batteries from January to June 2023 was 220215 million yuan, a year-on-year increase of 69.2%; The export value of solar cells was 180.578 billion yuan, a year-on-year increase of 17.9%; The export value of electric passenger vehicles was 132.859 billion yuan, a year-on-year increase of 182.9%, showing a good growth momentum. Yuan Haixia, Executive Director of China Chengxin International Research Institute, stated in an interview with Securities Daily: "In recent years, China has made significant progress in upgrading its industrial structure, accelerating the transformation of new and old driving forces in industries such as industrial robots, optoelectronic devices, and new energy vehicles. New industries and formats such as industrial robots, optoelectronic devices, and new energy vehicles are growing rapidly. Exporting the 'new three samples' replaces the' old three samples' (clothing, home appliances, furniture) This indicates that China's industrial momentum transformation is accelerating, and the structure of foreign trade is optimizing and upgrading In recent years, policies such as the "14th Five Year Plan for Science and Technology Innovation in the Energy Field", the "Implementation Plan for Promoting High Quality Development of New Energy in the New Era", and the "New Energy Vehicle Industry Development Plan (2021-2035)" have been successively introduced. A series of tax and credit preferential policies have also been continuously implemented, creating a good development environment for the new energy industry. China's foreign trade industry chain and supply chain have strong resilience. "On July 19th, Li Xingqian, Director of the Department of Foreign Trade of the Ministry of Commerce, stated that our country's competitive products, such as the" New Three Kinds "of electro-optic lithium, will still maintain rapid growth. The clear trend of industrial upgrading has helped accelerate the transformation of foreign trade from the "old three types" to the "new three types", reflecting the upgrading of industrial structure. Executive Director of the China Policy Science Research Association Xu Hongcai, Deputy Director of the Economic Policy Research Association, told Securities Daily: "In the past, China's export trade accounted for a relatively large proportion of goods, such as textiles and household goods. Considering cost factors, most of these industries have shifted to Southeast Asia, Latin America, and other regions. China's export advantage in this area is no longer obvious, and timely search for new competitive advantages and optimize export structure is a necessary path, Li Bing believes that the transfer of labor-intensive industries is both an opportunity and a challenge for China. China has indeed reduced the production of some low-end manufacturing products, which will inevitably affect the relevant
Edit：Hou Wenzhe Responsible editor：WeiZe
Source：economic daily
Special statement: if the pictures and texts reproduced or quoted on this site infringe your legitimate rights and interests, please contact this site, and this site will correct and delete them in time. For copyright issues and website cooperation, please contact through outlook new era email：lwxsd@liaowanghn.com
Economy
Recommended Reading Change it 
Home
