Core Viewpoint - The "Power Equipment Industry Growth Stabilization Work Plan (2025-2026)" aims to enhance the development of the power equipment industry, which is crucial for economic stability and growth in China, by addressing supply and demand dynamics and leveraging both domestic and international markets [1][2]. Background - The power equipment industry is a leading and foundational sector in the industrial economy, significantly contributing to economic growth. Recent achievements include a total installed power generation capacity of 3.65 billion kilowatts and breakthroughs in offshore wind power and nuclear power technologies [1]. - The plan is a response to new opportunities arising from major energy projects domestically and increasing demand from countries along the Belt and Road Initiative [1]. New Considerations - The plan emphasizes a combination of demand-driven growth, quality improvement, structural optimization, and safety. It aims to enhance the synergy between quality supply and effective demand, particularly in the context of domestic demand pressures [2]. - It also focuses on integrating domestic and international markets, promoting participation in global energy transitions, and expanding overseas markets for power equipment [2]. Main Goals - The plan sets a target for traditional power equipment revenue growth to maintain around 6% annually from 2025 to 2026, with a stable increase in revenue from new energy equipment [4]. - It aims to ensure effective supply, with power equipment production remaining within a reasonable range and an increase in new energy equipment exports [4]. - The plan targets a 7% annual revenue growth for advanced manufacturing clusters in the power equipment sector and a 10% growth for leading enterprises [4]. Key Tasks - The plan outlines tasks focusing on supply, demand, and environmental aspects. It aims to enhance supply capabilities by improving equipment quality and promoting green and intelligent transformations [5]. - On the demand side, it seeks to stabilize domestic demand through major projects and expand international market opportunities, particularly in green infrastructure [6]. - It emphasizes optimizing the development environment by promoting innovation, enhancing competition, and strengthening industry standards [6]. Assurance Measures - To ensure the successful implementation of the plan, four key assurance measures are proposed: strengthening organizational support, enhancing data monitoring and analysis, providing financial support, and promoting policy awareness [7].

Core Viewpoint - The "Power Equipment Industry Stability Growth Work Plan (2025-2026)" aims to ensure steady growth in the power equipment sector, focusing on both traditional and renewable energy equipment, with specific revenue growth targets and measures to address supply, demand, and environmental challenges [1][2][3]. Group 1: Development Goals - The plan sets a target for an average annual revenue growth of around 6% for traditional power equipment from 2025 to 2026, while ensuring stable growth for renewable energy equipment [1]. - It aims to maintain reasonable production levels for power generation equipment and increase the export volume of renewable energy equipment [1]. - Key regions and enterprises are expected to drive growth, with national advanced manufacturing clusters in the power equipment sector targeting an average annual revenue growth of about 7%, and leading enterprises aiming for a 10% growth [1]. Group 2: Measures for Growth - The plan proposes eight measures to tackle key issues in the industry, focusing on supply, demand, and environmental aspects [1][2]. - On the supply side, it emphasizes the implementation of major technological equipment projects and the reconstruction of industrial foundations to enhance both strengths and address weaknesses [1][2]. - On the demand side, it plans to stabilize domestic demand through major energy projects and actively expand overseas markets, leveraging opportunities from the global green energy transition [1][2]. Group 3: Quality and Standards - The plan highlights the importance of promoting the first set of applications and establishing industry standards for wind and solar power to enhance product quality and facilitate large-scale equipment updates [2][3]. - It aims to strengthen the synergy within the industry chain to ensure sustainable and healthy development [2]. - The plan also focuses on optimizing supply and demand by identifying new growth points, particularly in the context of domestic demand pressures [3]. Group 4: International Cooperation - The plan emphasizes the need to combine domestic and international markets, actively participating in global energy transitions and enhancing cooperation with emerging market countries in the full industry chain of wind, solar, and energy storage [3]. - It aims to clarify directions for international market expansion while ensuring domestic demand is met through major energy projects [3]. Group 5: Economic Growth and Industrial Upgrade - The plan seeks to integrate economic growth with industrial upgrades, focusing on quality improvements to drive reasonable growth in quantity [3]. - It aims to enhance the standard system in the power equipment sector to improve the quality of products such as cables, transformers, and motors [3]. - The plan also promotes the deep integration of new information technologies with power equipment to accelerate green upgrades and create new demand through quality supply [3].

Core Viewpoint - The Ministry of Industry and Information Technology, along with other regulatory bodies, has issued a plan to promote growth in the power equipment industry from 2025 to 2026, emphasizing international market expansion and cooperation in green energy sectors [1] Group 1: International Market Expansion - The plan encourages active exploration of international markets for power equipment [1] - It highlights the importance of participating in the global energy transition towards green and low-carbon solutions [1] Group 2: Cooperation and Collaboration - The initiative aims to strengthen cooperation in green infrastructure and new infrastructure sectors [1] - It emphasizes deepening collaboration with emerging market countries across the entire industry chain in wind power, photovoltaics, and energy storage [1] Group 3: Quality and Branding - The plan calls for enhancing product quality and building a strong brand image for power equipment [1] - It supports foreign contracting projects in the power sector and encourages energy development and equipment manufacturing companies to collaborate with financial institutions for overseas ventures [1] Group 4: Supply Chain Integration - The initiative promotes the integration of component manufacturing companies into overseas supply chains [1]