Zhejiang trade grows 6.2% in Jan-May as exports to ASEAN overtake EU
In May alone, exports to ASEAN reached 68.49 billion yuan, surpassing the European Union to become the province’s largest overseas market.
In May alone, exports to ASEAN reached 68.49 billion yuan, surpassing the European Union to become the province’s largest overseas market.
Growth was partly driven by its solar subsidiary Chint Anneng, which focuses on distributed photovoltaic systems for industrial clients and households.
A surge in the so-called “New Three” — electric vehicles, lithium-ion batteries and solar panels — drove much of the expansion.