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Zeng Yuqiang Appears at CPPCC 'Members' Channel', Decodes the Rise of China's New Energy Industry

新浪财经
March 4, 2026

At the 'Members' Channel' of the fourth session of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) on March 4, 2026, Zeng Yuqiang, Chairman of CATL (Contemporary Amperex Technology Co. Limited), explained the driving forces behind the rise of China's new energy sector. He emphasized the strategic consistency maintained in national plans from the 11th Five-Year Plan to the 14th Five-Year Plan period, the synergistic effects within the industry, and the crucial role of independent innovation. Zeng revealed that in 2025, China's exports of the 'new three' products (typically referring to new energy vehicles, lithium batteries, and photovoltaic products) reached nearly 1.3 trillion yuan (approximately $187.7 billion USD). CATL itself is committed to building an industrial chain covering the entire product lifecycle. This news directly outlines the success factors and macro-level achievements of China's renewable energy industry, particularly in battery manufacturing.