At the 2026 World Energy Storage Conference in Ningde, Fujian on Oct. 15, Yang Xudong, director of the Electronic Information Department at the Ministry of Industry and Information Technology, said China’s new battery industry should maintain steady growth during the 15th Five-Year Plan period but avoid blind rapid capacity expansion that could produce unnecessary supply‑demand imbalances; national top-level design will prioritize supply‑demand matching.

2026-10-16

At the 2026 World Energy Storage Conference in Ningde, Fujian on Oct. 15, Yang Xudong, director of the Electronic Information Department at the Ministry of Industry and Information Technology, said China’s new battery industry should maintain steady growth during the 15th Five-Year Plan period but avoid blind rapid capacity expansion that could produce unnecessary supply‑demand imbalances; national top-level design will prioritize supply‑demand matching.