by Liao Yifan

 

BEIJING, Mar 6 (China Economic Net) - "The government should actively guide and enhance policy-driven initiatives to promote the export of China's 'new three' products, production lines, technologies, talent, and services, ensuring that the entire industrial chain goes abroad collectively," suggested Liu Hanyuan, a deputy of the National People's Congress and chairman of Tongwei Group.

 

 

Liu emphasized that China's "New Three"—solar panels, lithium batteries, and electric vehicles—possess significant advantages in scale, technology, and cost-effectiveness, making them globally competitive in advanced manufacturing. He underscored that integrating these industries and promoting effective collaboration in international markets would expedite the global energy transition.

 

Liu also advocated for leveraging artificial intelligence to empower new power systems, enhance cross-sector collaboration and innovation, and deeply integrate AI with renewable energy, energy storage, and electric vehicles. He argued that this approach would facilitate the development of modern power systems.

 

 

As the urgency of the global energy transition intensifies, Liu emphasized that the photovoltaic (PV) industry is still in its nascent stages of development. He asserted that China's PV sector has established an essential role in the global market. Despite varying opinions, he believes that long-term cooperation will continue to be the prevailing trend.

 

"Innovation is the foundation for enterprises to compete internationally," Liu stated. He urged Chinese PV companies to further strengthen R&D, cultivate new productivity models, and contribute to global energy transformation and carbon neutrality goals. He emphasized that Tongwei prioritizes technological innovation, continuously enhancing R&D efforts to improve cost efficiency and strengthen core competitiveness.

 

 

Currently, China dominates the global PV market, holding over 85% of its share. In terms of production capacity, China produces more than 95% of the world's polysilicon and wafer supply, over 90% of solar cell production, and more than 85% of PV module manufacturing. Moreover, China maintains the lowest photovoltaic manufacturing costs globally, according to Chinese media.

 

By the end of 2024, China's PV, lithium-ion battery, and EV industries had attained global market shares of 85%, 79.8%, and 70.4%, respectively. Liu emphasized that the international expansion of these industries would not only expedite energy transitions in developed countries but also assist Belt and Road Initiative (BRI) partner nations and other underdeveloped regions in bypassing the traditional  model, allowing them to directly embark on a sustainable development path.

 

 

Liu proposed supporting Chinese enterprises and capital in accelerating their international expansion. He advocated for increased investment in renewable energy projects in underdeveloped nations and BRI partner countries, helping them establish renewable energy infrastructure. 

 

"Such efforts would not only meet the rising demand for electricity, create jobs, and drive economic growth in these regions but also enable Chinese companies to expand their global presence, generate sustainable returns, and enhance their international reputation," he concluded, which would foster mutually beneficial cooperation and shared prosperity.