China unveils plan to boost new-type energy
Feb 24, 2025 · China''s Ministry of Industry and Information Technology (MIIT) and other government agencies have unveiled a comprehensive plan to
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6 Frequently Asked Questions about “New Energy Storage Manufacturing”
What is the new-type energy storage manufacturing industry?
According to an action plan jointly issued by the Ministry of Industry and Information Technology and seven other government organs, the new-type energy storage manufacturing industry refers to the sector that produces energy storage, information processing, safety control, and other products related to new energy storage methods.
How a new energy storage system is developing in China?
Dai Jianfeng, a deputy chief engineer of China Electric Power Planning and Engineering Institute, said the new energy storage in China has been developed through diverse technology routes. According to him, lithium-ion battery is still dominant at present, but the development of compressed air and liquid flow battery is accelerating.
What is new energy storage?
New energy storage refers to energy-storage technologies other than conventional pump storage, including lithium-ion batteries, liquid flow batteries, flywheel, compressed air, hydrogen and ammonia, as well as heat and cold energy storage.
How will China's new-energy storage industry grow by 2027?
Photo: VCG China has unveiled an action plan to boost full-chain development of the new-energy storage manufacturing industry, aiming to expand leading enterprises by 2027, enhance innovation and competitiveness, and achieve high-end, intelligent and green industry growth.
How will China promote the new-type energy storage manufacturing sector?
BEIJING, Feb. 17 -- Chinese authorities unveiled several measures on Monday to promote the new-type energy storage manufacturing sector, as part of efforts to accelerate the development of emerging industries and the country's modern industrial system.
What is China's new energy storage plan?
The plan said that the new-energy storage industry is a key source of support for advancing the construction of a manufacturing powerhouse and promoting the efficient development and utilization of new-energy resources. By 2027, China aims to cultivate three to five leading enterprises in the ecosystem.