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June 10th, 2005
Hydrogen Power in China
Public and private investment in fuel cell development in China over the next few years is projected to be over (US)$500 million. The initial priority is to develop fuel cells for transportation applications, beginning with busses and electric powered bicycles.
Under the MOST's 973 program, the Government is spending approximately $5.6 million on the research of hydrogen storage materials, fuel cell membranes and catalysts. One of the main grantees under this program is Hong Kong University (HKUST), which is working on carbon nano materials as a hydrogen storage solution.
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