Exports of Solar cells Increased by 100.8% in the First Quarter

On April 13, Li Kuiwen, spokesman of the General Administration of Customs and director of the Department of Statistics and Analysis, said at the press conference of the State Council Information Office that in the first quarter, Chinese mechanical and electrical products and labour-intensive products maintained rapid growth, driving the export growth by 7.9%. China’s exports of mechanical and electrical products stood at 3.05 trillion yuan in Q1, up 9.8% YoY, accounting for 58.4% of the total export value, of which the exports of solar cells, lithium battery and automobile increased by 100.8%, 53.7% and 83.4% YoY respectively. At the same time, the exports of labour-intensive products reached 900.05 billion yuan, an increase of 10.9% YoY, of which the exports of luggage, shoes and toys increased by 24%, 20.4% and 16.9% YoY respectively.