Liu Zhenya, general manager of State Grid Corporation of China, said on the 28th that the company plans to invest 250 billion U.S. dollars (approximately 1.6 trillion yuan) in the next five years to build a strong smart grid in China; by 2020, it will form a "five vertical and six horizontal" UHV. Transmission grid backbone, fully built a strong smart grid.
As the Chinese economy has entered the mature stage from the take-off stage, the decline in fixed asset investment growth is a medium-to-long-term trend. We believe that in this context, the internal structural differentiation of fixed asset investment deserves more attention. Investment in weak areas and weak areas may not fall, and smart grid investment falls into this category. From the perspective of investment planning, the demand for UHV, new energy charging equipment and smart meters is huge.
As the Chinese economy has entered the mature stage from the take-off stage, the decline in fixed asset investment growth is a medium-to-long-term trend. We believe that in this context, the internal structural differentiation of fixed asset investment deserves more attention. Investment in weak areas and weak areas may not fall, and smart grid investment falls into this category. From the perspective of investment planning, the demand for UHV, new energy charging equipment and smart meters is huge.
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