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Insights / Organizations / Ministry of Finance of the People’s Republic of China (Department of Economic Construction, Energy Policy Division)

Ministry of Finance of the People’s Republic of China (Department of Economic Construction, Energy Policy Division)

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Central government ministry responsible for public finance, including subsidies and fiscal policies for energy and industrial development.

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PROME M5X Fuel Cell Stack
The PROME M5X is a high-power proton exchange membrane (PEM) fuel cell stack rated at 328 kW, designed for automotive-grade applications with high volumetric and mass power density and a wide operating temperature range.[15]
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Hydrogen-electric coupling and energy storage
Hydrogen-electric coupling refers to using hydrogen production, storage, and fuel cells in conjunction with renewable electricity systems to provide peak shaving, long-duration storage, and backup power.[17]
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Often mentioned with · Locations

Shanghai
Shanghai
CN 1 mention

Often mentioned with · Projects

PROME M5X and P5X Commercial Deployment Initiative
A product-focused initiative by SHPT to commercialize the PROME M5X fuel cell stack and PROME P5X fuel cell system in heavy-duty vehicles and stationary applications following their launch at FCVC 2026.
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Often mentioned with · Facilities

FCVC 2026 Exhibition Venue (Shanghai)
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Durability and Performance Targets for Heavy-Duty Fuel Cell Systems
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In the news (1)

Shanghai’s SHPT Debuts Game-Changing M5X & P5X Platforms
The Ministry of Finance (MOF) of China designs fiscal policies and subsidy schemes that have supported fuel cell vehicle demonstrations and hydrogen pilot cities.[10][11] At FCVC 2026, Zhu Baowei, Director of the Energy Policy Division within MOF’s Department of Economic Construction, visited SHPT’s booth, underscoring

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