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The Guiding Catalogue for Industrial Restructuring (2024 Edition) Released: Major Development Opportunities for the Hydrogen Energy Industry

Release time:

Jan 04,2024


On December 29th, the National Development and Reform Commission (NDRC) released the "Guiding Catalogue for Industrial Restructuring (2024 Edition)", marking a new historical stage in China's industrial restructuring. Among them, the hydrogen energy industry, as an important representative of emerging industries, is listed as an encouraged project in this catalogue, indicating that the hydrogen energy industry will usher in significant development opportunities.

 

According to the document, the catalogue consists of four categories: encouraged, restricted, eliminated, and permitted, aiming to guide social investment directions, government management of investment projects, and formulate and implement policies such as fiscal and taxation, credit, land, import and export. In the encouraged catalogue, the content related to the hydrogen energy industry has attracted much attention, including innovative research and development of hydrogen energy technology, manufacturing of hydrogen energy vehicles and related components, development and application of hydrogen energy storage and transportation technology, etc. These encouraged projects not only cover various links of the hydrogen energy industry chain but also reflect the strategic consideration of the country's comprehensive development of the hydrogen energy industry.

 

As a clean, efficient, and renewable energy form, hydrogen energy is considered an important component of the future energy system and a significant force in promoting energy revolution and industrial upgrading. In this catalogue, all aspects of the hydrogen energy industry, including research and development, production, and application, are listed as encouraged projects, which undoubtedly provides strong policy support for the rapid development of the hydrogen energy industry.

 

The NDRC will increase support for the hydrogen energy industry, promote technological innovation, industrial development, and market application of the hydrogen energy industry through the formulation and implementation of a series of preferential policies. At the same time, local governments and enterprises will also actively respond to policy calls, increase investment and layout in the hydrogen energy industry, and jointly promote the rapid development of China's hydrogen energy industry.

 

In addition to encouraged projects, the restricted and eliminated catalogues also put forward clear requirements for the development of the hydrogen energy industry. Production capacity, process technology, equipment, and products that are backward in technology, do not meet industry access conditions and relevant regulations, are not conducive to safe production, and are not conducive to achieving carbon peak and carbon neutrality goals will be restricted or prohibited from being newly built. At the same time, backward process technology, equipment, and products that do not comply with relevant laws and regulations, seriously waste resources, pollute the environment, and have serious hidden dangers of safety production will also be eliminated.

 

The release of the "Guiding Catalogue for Industrial Restructuring (2024 Edition)" provides significant opportunities for the development of the hydrogen energy industry. With strong policy support and joint market promotion, the hydrogen energy industry is expected to become a new engine of China's future economic development, making important contributions to promoting the optimization and upgrading of the energy structure and achieving sustainable development goals. At the same time, the restricted and eliminated catalogues also remind the industry to pay attention to technology research and development and innovation to ensure the healthy and sustainable development of the industry.

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