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Geely Li Shufu Calls for Increased Support for NEVs, Lithium Batteries, and Related Products
2025-03-07 12:19:09
Li Shufu, a member of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC) and Chairman of Geely Holding Group, stated during the second plenary session of the CPPCC that supporting private manufacturing enterprises in accelerating their digital and green transformation is essential during the shift from old to new growth drivers. He emphasized their pivotal role in promoting high-quality development of traditional industries.

Li proposed maintaining a strong foothold in manufacturing to stabilize the foundation of traditional industries. He advocated for supporting enterprises in their digital transformation to reinforce the positive momentum of industrial upgrades and fostering green low-carbon companies to enhance the "green content" of industrial development.

Li highlighted that new energy vehicles (NEVs), lithium batteries, and photovoltaic products, which are referred to as the "new trio" of mainland China’s green industries, demonstrate clear industrial advantages and strong international competitiveness. These sectors, backboned by the efforts of private enterprises, represent a new highlight in China’s economic growth.

He suggested increasing policy support to solidify the "new trio’s" strengths, encouraging more companies to expand green industrial chains and steer manufacturing toward sustainability.
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