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'New new three' power China's trade

DRIVEN by a systemic leap in independent innovation, China's foreign trade reached a historic high of over 25 trillion yuan (US$3.72 trillion) in the first half, propelled by orders for robots, artificial intelligence and innovative drugs — collectively known as the "new new three".

The Star Malaysia查看原文 ↗
“新新三”推动中国贸易

Robots for export to Malaysia are seen at Chery International Park in Wuhu, Anhui province, on July 30. XIAO BENXIANG/FOR CHINA DAILY

DRIVEN by a systemic leap in independent innovation, China's foreign trade reached a historic high of over 25 trillion yuan (US$3.72 trillion) in the first half, propelled by orders for robots, artificial intelligence and innovative drugs — collectively known as the "new new three".

The evolution of China's export portfolio tells a compelling story of continuous industrial upgrading. Decades ago, the "old three" — clothing, furniture and home appliances — dominated shipments, later replaced by the "new three" of new energy vehicles, lithium-ion batteries and solar cells.

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