[SMM PV Express] Director of State Taxation Administration: H1 clean energy power generation sales revenue up 17.1% YoY

Published: Jul 28, 2026 13:14

At the press conference of the series themed "Starting Well for the '15th Five-Year Plan'" held on the morning of July 28, Hu Jinglin, Commissioner of the State Taxation Administration, said that, based on tax big data, China's economy has performed well this year, showing four prominent features: shifting toward the real economy, innovation, optimization, and green development.

"Greener" means green development is accelerating. In H1, sales revenue of the ecological protection and environmental governance industry rose 6.9% YoY; sales revenue from clean energy power generation, represented by wind, solar, hydro, and nuclear power, increased 17.1% YoY, accounting for 38.8% of electricity production sales revenue, up 3.8 percentage points compared to the same period last year. Sales revenue of the new energy vehicle and lithium battery manufacturing industries grew 13.1% and 38.9% YoY, respectively, and the application level of new energy continued to improve.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
At the press conference of the series themed "Starting Well for the '1 - Shanghai Metals Market (SMM)