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China Subsidy Exchange

August 26, 2016

China Issues Made in China 2025 Sub-plan for the Energy Sector


On June 21, 2016, the Ministry of Industry and Information Technology of China (MIIT) published the Made in China 2025 Energy Equipment Implementation Plan, jointly issued by the MIIT, the National Development and Reform Commission, and the National Energy Administration of China, to boost the R&D and manufacturing of energy equipment in China, following the Made in China 2025 Strategy that was set forth by the central government last year.

The Plancalls for promoting the ability to independently design and manufacture energy equipment and sets, realizing the localization of key parts and raw materials, promoting power equipment technology and competitiveness to reach the advanced world level, and forming a batch of equipment manufacturing enterprise groups with independent IP rights and strong competitiveness, by 2020; and further having a relatively advanced and complete industrial system and strong international competitiveness in the emerging energy equipment manufacturing industry, by 2025.

The Plan selects the following 15 fields as development priorities: (1) coal green and smart mining and washing equipment; (2) deep-water and unconventional oil and gas exploration and development equipment; (3) oil and gas storage and transmission equipment; (4) clean and high-efficiency coal-fired power equipment; (5) advanced nuclear power equipment; (6) hydropower equipment; (7) wind power equipment; (8) solar power equipment; (9) fuel cells; (10) geothermal energy equipment; (11) marine energy; (12) gas turbine engine; (13) energy storage equipment; (14) advanced power grid equipment; and (15) coal deep processing equipment. As supporting measures, the Plan calls on the government to provide preferential treatment in loans, grants, taxation, and electricity price for encouraged projects.