As the global climate changes and restraints on the energy resource environment tighten the Chinese government has increased the focus on the development of the new energy industry. It has also formulated strategic plans for the future development of the industry and given proactive policy support. Whether seen from the perspective of the policy environment, resource endowments, or especially the domestic market demand, the prospects for the new energy industry in China remain promising, but it is necessary to guard against potential challenges.
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