GUANGZHOU – China’s green technology companies gathered this week at the country’s biggest trade fair to chase new export deals, even
Despite the spectre of fresh tariffs following from the US and European Union’s complaints, company representatives at the fairunfazed, claiming that they expected sales in 2024 to reach a post-pandemic high. They are keeping up efforts to sell to these markets, as well as to buyers around the world, they said.
Dayun Group will soon have an EV entering the European market, said a business manager for the company. ST PHOTO: JOYCE ZK LIMthat could lead to the bloc imposing additional tariffs on EV imports from China. Fujian’s Skytimes Co, whose products include portable lithium-ion power stations and customised solar chargers, hopes to expand its market in Europe, as well as in countries participating in China’s Belt and Road Initiative .Skytimes sales director Ella Zheng says she expects the green energy products maker to double its sales in 2024, from its 2023 export takings of 100 million yuan .
In a push for more foreign trade and to cultivate links, Chinese Premier Li Qiang, visited the fair and engaged with Chinese sellers and foreign buyers on April 17 and 18. The last time a premier showed up at the Canton Fair was in 2021.the latest foreign leader after US Treasury Secretary Janet Yellen to raise concerns about Chinese industrial overcapacity.