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The Competition for the Trillion-Dollar Hydrogen Energy Industry Chain: Local Governments Release Financial Policies in Support | Media Observation

The Competition for the Trillion-Dollar Hydrogen Energy Industry Chain: Local Governments Release Financial Policies in Support | Media Observation

Currently, the state is promoting the establishment of a national venture capital guidance fund to support the scaled development of the hydrogen energy industry. The hydrogen energy industry has become a hot topic among many local governments. On April 7, the China Business News published an article titled “The Competition for the Trillion-Dollar Hydrogen Energy Industry Chain: Local Governments Release Financial Policies in Support,” which focuses on the financial special policies supporting the development of hydrogen energy across the country.

Media focus

28 May,2025

People's Daily: The entire hydrogen energy industry chain, including production, storage, transportation, and utilization, is developing rapidly.

People's Daily: The entire hydrogen energy industry chain, including production, storage, transportation, and utilization, is developing rapidly.

Hydrogen energy is an important carrier for the large-scale and efficient utilization of renewable energy and the green and low-carbon transformation of energy consumption terminals. It has multiple advantages, such as large-scale and long-term energy storage, and has become an important strategic choice for accelerating energy transformation and upgrading and cultivating new economic growth points. Currently, a global boom in hydrogen energy development is underway, and hydrogen energy has entered a new stage of rapid industrialization. On April 16th, the Economic and Industrial Affairs section of the People's Daily published an article titled "Pursuing Green Innovation, Stepping into the Hydrogen Era." The article, through the new products and technologies showcased at the 2025 International Hydrogen Energy Conference, highlights the positive momentum of rapid development across the entire hydrogen energy industry chain, including production, storage, transportation, and utilization, in China.

Media focus

12 May,2025

Media Coverage: China's hydrogen energy industry is gradually entering a new phase of orderly breakthrough. The annual production and consumption scale of hydrogen energy exceeds 36.5 million tons.

Media Coverage: China's hydrogen energy industry is gradually entering a new phase of orderly breakthrough. The annual production and consumption scale of hydrogen energy exceeds 36.5 million tons.

According to a report by China National Radio's "News and Newspaper Summary," data from the National Energy Administration shows that in 2024, China's annual production and consumption scale of hydrogen energy exceeded 36.5 million tons, ranking first in the world. Recently, the construction of several hydrogen energy industry projects has accelerated, and China's hydrogen energy industry is gradually entering a new phase of orderly breakthrough from the stage of pilot exploration.

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12 May,2025

Guan Xiaohong: Hydrogen-empowered zero-carbon intelligent energy systems are expected to reshape the energy structure.

Guan Xiaohong: Hydrogen-empowered zero-carbon intelligent energy systems are expected to reshape the energy structure.

On April 10, the Global Energy Interconnection Development and Cooperation Organization and China Energy News jointly hosted the Smart Grid and New Power System Seminar in Beijing. The seminar focused on in-depth exchanges regarding key technologies of new power systems and the digital and intelligent development of power grids. Academician Guan Xiaohong of the Chinese Academy of Sciences delivered a speech.

Media focus

16 Apr,2025

CCTV reports! This kind of "new energy" can be refueled in just a few minutes and provides a range of 600 kilometers!

CCTV reports! This kind of "new energy" can be refueled in just a few minutes and provides a range of 600 kilometers!

In order to reduce carbon emissions, many factories have started to use hydrogen as an alternative energy source, and some hydrogen fuel cell vehicles have also been put into use. China has identified the development of hydrogen energy as a key focus for future clean energy. Recently, Sinopec successfully held an exploration activity for the new route of the Beijing-Shanghai Hydrogen Energy Highway Corridor, which spans over 1,200 kilometers across five provinces and cities from Beijing to Shanghai, with five hydrogen refueling stations along the way providing support.

Media focus

15 Apr,2025

CCTV reports! The "Hydrogen Corridor" of the New Western Land-Sea Channel has seen its first run through Chongqing, Guizhou, and Guangxi.

CCTV reports! The "Hydrogen Corridor" of the New Western Land-Sea Channel has seen its first run through Chongqing, Guizhou, and Guangxi.

On the morning of April 14, ten 49-ton hydrogen fuel cell heavy-duty trucks, fully loaded with goods such as laptops, automotive and motorcycle spare parts, and low-risk chemicals, departed officially from the Chongqing Inland Port of the New Western Land-Sea Channel. They will pass through Guiyang, Nanning, and Qinzhou Port to deliver the goods to countries including Vietnam, Laos, Thailand, and Malaysia. This marks the official launch of the "Hydrogen Corridor" demonstration project on the Chongqing-Guizhou-Guangxi trunk line of the New Western Land-Sea Channel, and also signifies the formal completion of the first high-altitude-difference, cross-regional hydrogen fuel cell heavy-duty truck trunk line in the country.

Media focus

15 Apr,2025

With a layout of nearly 6,800 kilometers, the hydrogen pipeline network is set to make a strong debut in 2025.‌

With a layout of nearly 6,800 kilometers, the hydrogen pipeline network is set to make a strong debut in 2025.‌

Hydrogen pipelines, as critical infrastructure for achieving large-scale, long-distance, and stable hydrogen transportation, not only address the challenges of renewable energy integration and drive the development of downstream hydrogen industry chains but also play a decisive role in the advancement of the hydrogen energy industry.‌

Media focus

31 Mar,2025