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Story summary
- China aims for green hydrogen production above 500,000 tons per year by 2026, supported by policy and energy-security concerns.
- Projects total about 8 million tons of capacity.
- High costs and unclear demand challenge deployment, as the National Development and Reform Commission (NDRC) promotes hydrogen.
- China prioritizes domestic demand as an economic driver, with President Xi Jinping urging stronger household consumption.
- Local governments face fiscal constraints that may hinder implementation.
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