SHANGHAI, Mar 8 (SMM) - Zhong Zheng, deputy to the National People's Congress and vice president and CFO of Midea Group, said that at present, China's new energy storage technology is still in the early stage of commercialisation and large-scale development, and there are still many problems and hidden dangers. In response to the rise in lithium prices from 2021 to the end of 2022, the government may consider introducing a price limit policy and establishing an early warning mechanism for relevant price fluctuations to ensure that the production costs of energy storage companies remain relatively stable.
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