China unveils measures to bolster new-type energy storage manufacturing

Chinese authorities unveiled a package of measures on Monday to promote the new-type energy storage manufacturing sector, as part of efforts to accelerate the development of emerging industries and the country's modern industrial system.

According to the package of measures officially known as the Program of Action for High-Quality Development of the New Energy Storage Manufacturing Industry, the new-type energy storage manufacturing industry refers to the sector that produces energy storage, information processing, safety control, and other products related to new energy storage methods.

By 2027, the new-type energy storage manufacturing industry is expected to demonstrate its international competitive advantages across the entire manufacturing chain, with a larger number of leading enterprises, marked improvements in industrial innovation capabilities, and greater overall competitiveness while also achieving advancements in high-end, intelligent, and green development, according to the program of action, which was jointly issued by eight central government agencies including the Ministry of Industry and Information Technology and the Ministry of Commerce.

According to the document, China will launch initiatives to boost technology innovation in the new-type energy storage sector. These initiatives will include measures to speed up the upgrading of mature technologies such as lithium batteries and support disruptive technological innovations.

The country will also promote coordinated industrial development. Efforts should be made to strengthen the monitoring and early warning of the lithium battery production capacity, prevent reckless investment, and guard against the risk of disorderly development.

The document underlines the importance of supporting upstream and downstream enterprises in the new-type energy storage manufacturing sector to optimize their energy consumption structure, improve energy utilization efficiency, and expand the proportion of renewable energy in the manufacturing process.

Efforts will be made to promote the application of new-generation information technologies such as blockchain, big data, artificial intelligence, and 5G in the new-type energy storage manufacturing sector, according to the document.

To beef up international cooperation in the new-type energy storage sector, China will work to incorporate collaboration in the field into international cooperation mechanisms and frameworks such as the Belt and Road Initiative and BRICS and promote mutually beneficial cooperation on industrial and supply chains.

China unveils measures to bolster new-type energy storage manufacturing

China is willing to continue working with Russia within the framework of the United Nations (UN) Security Council, maintain timely communication on major issues, and make joint efforts to help de-escalate the situation in the Middle East, safeguard regional peace and stability, and uphold common security for the world, Chinese Foreign Minister Wang Yi said on Sunday.

Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks in a phone conversation with Russian Foreign Minister Sergei Lavrov.

China and Russia, as permanent members of the UN Security Council, should uphold fairness and justice on matters of principle, adopt an objective and balanced approach, and seek greater understanding and support from the international community, Wang said.

Noting that China has consistently advocated the resolution of international and regional hotspot issues through dialogue and negotiation, Wang said that the situation in the Middle East continues to deteriorate, hostilities are still escalating, and the fundamental solution to ensuring navigation through the Strait of Hormuz lies in achieving an early ceasefire and bringing the war to an end.

For his part, Lavrov said Russia is highly concerned about the continued escalation of tensions in the Middle East.

Regarding the ongoing conflict and the issue of the Strait of Hormuz, Lavrov said Russia maintains that military operations must be stopped immediately and efforts should return to the track of political and diplomatic settlement to address the root causes of the conflict, and the UN Security Council should play a constructive role in this regard.

Russia stands ready to maintain close communication and coordination with China and continue to make efforts and speak out in support of a ceasefire and the end of the war, he said.

China willing to cooperate with Russia to de-escalate Mideast situation: FM