Lifecycle
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Country / jurisdiction: People's Republic of China · Year: 2022 · Status: In force · Level: National · Type: Voluntary
Eight major state-owned enterprises (China Resources Power, Guodian of China Energy Investment Corp, State Power Investment Corporation, China Datang, China Huadian, China Three Gorges, China Huaneng, China General Nuclear Power) and one private enterprise (TCL) signed a contract to set up a 10 billion yuan fund. The aim of the fund is to prioritize investments in new energy equipment manufacturing industries, such as wind energy, solar energy, hydrogen and energy storage. The operative period is 10 years, among them the first five are the investment period, and after that five years of exit period.
Official source: https://news.bjx.com.cn/html/20220530/1228924.shtml?utm_campaign=China%20Clean%20Energy%20Syndicate%20&utm_medium=email&utm_source=Revue%20newsletter
Source
https://www.iea.org/policies/27713Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.