In March 2022, China’s National Development and Reform Commission (NDRC) and the National Energy Administration jointly issued the Medium and Long-term Development Plan for the Hydrogen Industry (2021-2035), which puts forward the general direction for the country’s pursuit of the “dual carbon” goals and makes it clear that hydrogen energy is a key component of the future national energy system.
Against that backdrop, KPMG China released the report that introduces the characteristics and types of hydrogen energy; gives a detailed overview of the industrial chain, the development strategies of various countries, China’s industry policies, and industry investment and financing; and describes the future outlook for the development of the hydrogen energy sector.
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