On March 3, Liu Hanyuan, Deputy to the NPC, Vice Chairman of the All-China Federation of Industry and Commerce, and Chairman of the Board of Directors of Tongwei Group, stated in a media interview that he suggests the government actively guide and strengthen policy-driven efforts to promote the export of China's "New Trio", production lines, technologies, talent, services, and EPC projects, facilitating the collective overseas expansion of the entire industrial chain. These efforts will strongly support and accelerate the internationalization of the Renminbi.

Over the past decade, China's PV industry has achieved remarkable success, transitioning from a follower to a peer and ultimately surpassing PV powerhouses in Europe, America, Japan, and South Korea, propelling China's PV industry to a leading global position. McKinsey's comparison of industrial competitiveness between China and the United States reveals that China's PV sector is significantly ahead not only of the U.S. but also of Germany, Japan, and South Korea, thereby establishing an absolute dominant global position with strong influence.

Currently, in terms of market share, China's PV industry accounts for over 85% of the global market; in terms of production capacity, China's high-purity crystalline silicon and silicon wafer production accounts for over 95% of the global total, with cells exceeding 90% and modules over 85%; in terms of manufacturing costs, China's PV manufacturing costs are the lowest globally; and in terms of application, China's new PV installations have ranked first globally for 11 consecutive years, with cumulative installations ranking first for 9 consecutive years. PV has become the power source with second-largest installed capacity in China and is expected to become a power source with the largest installed capacity next year, or at the latest, the year after next year, gradually becoming the main power source. Due to the fluctuating output of renewable energy sources such as PV and wind power, energy storage has become key to smoothing fluctuations and supporting stable grid operation. In recent years, along with the rapid development of the PV industry, lithium battery energy storage, and new energy vehicle industries have also made significant progress.

According to Deputy Liu Hanyuan, by the end of 2024, China's PV, lithium-ion battery, and new energy vehicle sectors have achieved dominant global market shares of 85%, 79.8%, and 70.4%, respectively, enjoying a significant leading edge. The going global of the "New Trio" industrial chains not only accelerates the energy transition in developed countries, but also assists countries participating in the "Belt and Road" initiative and other less-developed nations in avoiding the old path of "pollution first, treatment later", enabling them to embrace sustainable development and driving the global transformation of energy system.

Liu suggested that Chinese enterprises and capital accelerate their international expansion, invest in new energy projects in less-developed countries and those involved in the "Belt and Road" initiative, and establish renewable power generation infrastructure. Such efforts will, on the one hand, meet growing local electricity demands, create employment opportunities, and stimulate economic growth. On the other hand, it would allow Chinese companies to expand their overseas markets, generate reasonable profits, enhance their global recognition and influence, and achieve mutual benefits. The going global of the "New Trio" industrial chains will provide a strong impetus for global sustainable development and energy transition, serving as a vivid example of China's commitment to its responsibilities as a major power and its efforts to build a community with a shared future for mankind.

Furthermore, at this year's Two Sessions, Deputy Liu Hanyuan will also propose recommendations on establishing a traceability mechanism to include green certificates in product carbon footprint calculations, leveraging patents to promote innovation in the PV sector, and fostering the development of green production materials and feed products.