Xinhua News Agency London, March 31 (Reporter Gao Wencheng) - The Financial Times recently published a commentary article stating that China's long-term investment in clean technology and promotion of electrification transformation demonstrate &#34;unique resilience&#34; in the face of the impacts of conflicts in the Middle East. The summary of the article is as follows:
China places great importance on clean energy technology and has made significant investments in electrification, with rapid development in solar and wind energy construction, enabling it to better cope with rising international oil prices.
Goldman Sachs predicts that the diversification of energy structure, suppliers, and alternative routes bypassing the Gulf region means that only about 6% of China's overall energy consumption is directly exposed to the risks of disruptions in the Strait of Hormuz. At the same time, due to its lower sensitivity to fluctuations in global energy prices, Chinese exporters will be more competitive.
In addition, Chinese companies have outstanding manufacturing capabilities in key green technology areas such as solar energy, batteries, and electric vehicle components. As market expectations rise for global demand for renewable energy, many investors are buying Chinese green energy stocks.
China's image as a more stable partner compared to other countries and regions has also been enhanced. The recent China Development Forum brought together dozens of global CEOs, showcasing China's reliability and supply chain. Exclusive survey data from Morning Consult shows that China's popularity is on the rise. (End)

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The Financial Times commented that China's long-term investments in clean technology and electrification transformation have demonstrated unique resilience amid the Middle East conflict. Only about 6% of China's energy consumption is exposed to the risks of the Strait of Hormuz, and due to the limited impact of global energy price fluctuations, the competitiveness of Chinese exporters has increased. China's manufacturing capabilities in green technologies such as solar energy, batteries, and electric vehicle components are outstanding, attracting investors' attention to Chinese green energy stocks

腾讯新闻 - 财经

KraneShares MSCI China Clean Tech Ind ETF

Harvest CNI Green Power ETF

ChinaAMC Green Electricity ETF

E Fund CSI Green Power ETF

GX CN CLN EN-U

Hwabao CSI Green Energy ETF

China Southern CSI New Energy ETF

GX CN CLN EN

Harvest CSI New Energy ETF

ChinaAMC CSI New Energy ETF

Global Outlook | British Media: Energy Transition Makes China More Resilient in the Face of Middle East Conflicts