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Compared with other global well-known enterprises, Chinese power transmission and distribution enterprises mostly are weak in R&D and now produce traditional power transmission and distribution equipment.
According to CRI analysis, China's high voltage equipment and low voltage equipment industry will keep growing in the next few years.
The market size of the grid automation was CNY 3.5 billion, CNY 5 billion and CNY 8 billion in 2013, 2014 and 2015, respectively, and has huge potential to grow in the next few years, according to CRI.
According to CRI analysis, the policies of the Chinese government were supportive of the development of energy storage equipment.
In 2016, China generated 5.99 trillion kwh, increasing by 5.2% YOY. The utilization time of power generating facilities was 3,785 hours, down by 203 hours.
CRI analysis shows that the policy of the Chinese government generally supports the development of hydropower.
It is predicted that municipal solid waste treatment capacity in China will rise from 456.9 thousand tons/day to 871.5 thousand tons/day in 2011-2015 with the CAGR of 13.8%.
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