Workers match up cells at the production line of Chongqing Haichen Energy Storage Technology Co Ltd in Chongqing on Sept 27. [Photo/Xinhua]
China's energy storage industry is set to experience significant growth through 2027, fueled by a combination of growing market demand and supportive government policies, according to industry experts and company executives.
The country's new energy storage sector, which is currently in its early stages, is expected to evolve from a nascent market player to a global leader in the coming years, they said.
