How are China’s ‘new three’ export pillars powering the economy? [Video]

In the first two months of 2024, China’s foreign trade marked a good start with the total value of goods traded hitting a record high of 6.61 trillion yuan ($918 billion).

Since last year, electric vehicles, lithium batteries and solar cells have become China’s new export pillars, with their export value exceeding the 1-trillion-yuan mark. On average, one out of every three vehicles exported by China is electric. If we line them up, the cumulative export of lithium batteries can circle the earth four times! 

Find out how these so-dubbed ‘three new’ exports are powering China’s economy.