Since 2020, China has successively issued the "Notice of Launching Demonstration Applications of Fuel Cell Vehicles" and the "New Energy Vehicle Industry Development Plan (2021-2035)", and supporting plans and policies to promote hydrogen energy R&D, production, storage and transportation and application have been introduced by local authorities across China. As of the end of 2020, China has an inventory of 7,352 fuel cell vehicles, 128 hydrogen refueling stations have been built with 101 already put into operation, ranking second worldwide only to Japan.
Sinopec currently produces 3.5 million tons of hydrogen per year. In 2020, Sinopec started to advance and accelerate the construction of an integrated hydrogen energy industry chain across various fields – capital operation, technology R&D, production storage and transportation, network distribution and social cooperation.