As spring is coming,

the Two Sessions,

a grand event carrying the nation's development aspirations

and embodying people's earnest expectations,

kicked off as scheduled.

The 2025 Two Sessions

mark a crucial juncture in the final year of the 14th Five-Year Plan,

and even an important opportunity

to embark on a new journey and draw a new blueprint.

Buzzwords from the Two Sessions

clearly reflect the strategic direction of national development

and precisely spotlight the hotspots and focuses of people's concerns.

From cutting-edge breakthroughs in sci-tech innovation

to steady progress in economic development,

from solid measures for guaranteeing people's livelihoods

to unremitting efforts in ecological protection,

each buzzword embodies an strong impetus

of development in the era.

Let's focus on the buzzwords of the Two Sessions,

listen to the sounds of times,

pool strengths for progress,

and forge ahead towards a brighter future.

As a benchmark in the transformation and upgrading of China's manufacturing,

the "New Trio" represented by

electric vehicles, lithium-ion batteries, and PV products,

has not only become a new engine for economic growth

but also reshaped the pattern of the global green industry chain.

This issue of "Focusing on Buzzwords from the Two Sessions"

interprets the "New Trio" for you.

Outstanding Achievements for the "New Trio"

—A New Engine for Foreign Trade Growth

In recent years,

China's manufacturing has presented obvious advantages in green transformation.

In vigorously developing green and low-carbon industries,

China has established the world's largest and most complete

new energy industry chain,

constantly topping the world in the production scale of wind power,

PV power generation, and other clean energy equipment.

The "New Trio," represented by electric vehicles,

lithium-ion batteries and PV products, has rapidly risen,

exceeding RMB 1 trillion in annual exports

and becoming a new engine for foreign trade growth.

This fully demonstrates the green and low-carbon competitive advantages of

China's manufacturing enterprises

in the global industry chains and supply chains,

serving as a new business card for the high-end, intelligent

and green development of China's manufacturing.

The relevant data shows that in 2023,

China's exports of "New Trio" products totaled RMB 1.06 trillion,

exceeding RMB 1 trillion for the first time and increasing by 29.9%.

In 2024,

China's exports of electric vehicles, lithium-ion batteries

and PV products exceeded RMB 1 trillion again.

Wherein, exports of PV products had exceeded RMB 200 billion for four consecutive years;

the export volume of lithium-ion batteries

reached a record high of 3.91 billion;

the annual production of electric vehicles exceeded 10 million for the first time,

with production and sales staying the world's top for 10 consecutive years.

China's "New Trio" products are exported to over 200 countries and regions

and quite popular all over the world.

In terms of PV products,

in 2024,

China exported 820 million PV modules,

a year-on-year increase of about 80%.

Since 2015,

China has been the world's largest exporter

of PV power generation equipment.

China's PV enterprises,

represented by Tongwei,

provide irreplaceable, technologically advanced products

at competitive prices in the global PV market.

Global Contribution by the "New Trio"

Chinese Solutions for the Green Revolution

At the intersection of technology and environmental protection,

China is leading the world

towards a sustainable future with the "New Trio."

They are the fruits of sci-tech innovation

and also firm commitments to environmental protection,

marking China's leading role

in the global green energy transition.

The role of Tongwei as a supplier in ACWA Power's Al Muwayh project

Shipment of the first batch of modules

According to relevant statistics,

the global newly installed capacity of renewable energy

reached 510 million kilowatts in 2023,

over half of which China contributed.

In 2022, wind power and PV products imported from China

helped reduce CO2 emissions by about 573 million tons

in relevant countries and regions.

Together with China's reduced CO2 emissions of about 2.26 billion tons,

they contributed about 41% of the global converted CO2 emission reductions

of renewable energy in the same period.

The global contribution of China's new energy

can also be seen in increasing high-quality supply,

benefiting global consumers,

and bringing new momentum

to global economic growth.

According to public information,

China has so far cooperated with more than 100 countries and regions

in the development of green energy projects.

Meanwhile,

through technology transfer and project localization

to popularize technological progress,

China's new energy enterprises

actively serve local economic and social development,

helping partners cultivate new economic drivers.

The advancement of the PV project with the largest single installed capacity in Serbia through Tongwei's high-efficiency modules

Liu Hanyuan, Deputy to the NPC,

Vice Chairman of All-China Federation of Industry and Commerce,

and Chairman of the Board of Directors of Tongwei Group,

said at the media meeting during Two Sessions

that among the "New Trio,"

the PV industry has seen a thorough change in energy production methods;

new energy vehicles have resulted in

the largest shift in transportation modes;

power and energy storage cells have solved

the instability problems during the energy transition.

These three,

when combined,

allow for effective collaboration

and overseas expansion.

They can not only support China's industries,

but also greatly accelerate the transition

to new energy dominated by renewable energy,

and will form a major industrial pillar

for driving the low-carbon energy transition

in developed and less-developed countries,

to enable people to shift from

the original coal and petroleum civilizations

to a new era of civilization for renewable energy development.

The Breakthrough Path of the "New Trio"

——Synergistic Development with the World

In response to carbon barriers and technological blockades

set by some countries,

the breakthrough by China's "New Trio"

requires further institutional and collaborative innovation.

In this regard,

at this year's Two Sessions,

Mr. Liu Hanyuan proposed

to develop more favorable policies

to facilitate the global expansion of China's

full industry chain of the "New Trio"

from products, to production lines, to technologies, and to services,

strongly support and accelerate the internationalization of RMB,

and help Chinese enterprises

and capitals go global at a higher speed.

Investments shall be made

in many less-developed countries and countries along the Belt and Road,

to develop new energy projects

and build renewable energy power generation infrastructure for localities.

Led by relevant government departments,

efforts shall be made to build a "New Trio" cross-border trade information sharing platform

to timely interpret and disseminate for enterprises

information on technical trade barriers, control measures,

carbon footprint certification and others

and improve their early warning and response abilities.

The launch of Tongwei's high-efficiency modules in Abu Dhabi

As Mr. Liu Hanyuan said,

the key for the "New Trio"

to go global

is how to make any products made in China

more understandable, acceptable,

and better aligned and complemented with

the economic development of foreign countries.

The pace may be controlled

according to the specific conditions of different countries, regions,

and manufacturing industry chains and supply chains,

so as to both support the continued export of Chinese products,

and enable applicable countries and regions

to properly develop their employment and manufacturing industries,

which will boost the integrated and coordinated development of China and overseas regions.

Tongwei signed the PV module supply agreement with Perfect Services in Pakistan.

At the historical node of 2025,

the "New Trio" has transcended mere economic concepts

and become a vivid example of China's development paradigm in the new era.

It indicates that

when sci-tech innovation resonates with institutional innovation,

and when industrial upgrading deeply integrates with global responsibility,

China's manufacturing will certainly write a new chapter of high-quality development.

This industrial revolution, which originates on the production line

and concerns the community with a shared future for mankind,

is redefining the connotation and extension of development.

In the promising future,

China's new energy enterprises will keep going out,

and their determination to go global will not waver.