Government: Energy and Policy Guidance

government: As an ardent supporter of the nascent clean energy sector, the development of hydrogen stations for new energy vehicles was included in the Government Work Report for the first time this year, a move that Chinese industry participants see as the government's endorsement of the hydrogen energy economy, according to Global Times China. Apart from the national policy guidance from the central government, local authorities have actively rolled out plans to boost the sector. Photo VCG China has been ratcheting up investments in hydrogen energy over the past few months with central and local governments throwing considerable support and policy guidance at industry participants to explore what is widely considered a promising source of renewable energy. For instance, Wuhan, capital of Central China's Hubei Province, announced plans to build up to 20 hydrogen fueling stations, and to have 3,000 vehicles powered by hydrogen fuel cells by 2020. Many domestic automobile companies are actively laying out their hydrogen fuel cell plans. Shanghai said it will install 50 hydrogen fueling stations and produce at least 20,000 passenger hydrogen vehicles by 2025. (news.financializer.com). As reported in the news.