BEIJING, Sept. 12 -- year action plan aimed at accelerating high-quality growth in its power equipment industry, with a focus on promoting green and intelligent transformation.
The official document outlines multiple development targets for the 2025-2026 period, including an average annual revenue increase of approximately 6 percent in traditional power equipment and a steady rise in new energy equipment. Leading enterprises in the sector are expected to achieve revenue growth of around 10 percent.
The move comes in response to a global shift toward low-carbon energy and China's own push to build a new-type power system.
Key measures listed in the plan include spurring wind power and other new energy equipment, advancing innovation in ...
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