氣候變化

China’s clean tech exports to emerging markets surged in 2024, data shows

Focus on exports to developing markets expected to rise further on back of US tariffs

China has rapidly scaled up sales of solar panels, batteries and other green energy technologies to emerging markets well ahead of the US tariff fight, latest data shows, with expectations it will surge further in its hunt for buyers.

Emerging markets accounted for 43 per cent of Chinese clean tech exports in 2024, up from 24 per cent in 2022, in a sign of how the manufacturing powerhouse is seeking out new markets, according to new figures from BloombergNEF, the data provider.

Falling prices at the same time made the green energy products more affordable in developing countries.

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