On May 8, the National Development and Reform Commission (NDRC) and the National Energy Administration released the implementation rules for the Medium and Long-Term Development Plan for the Hydrogen Energy Industry (2025-2035), setting ambitious targets for 2025. The policy includes additional subsidies for fuel cell vehicles and the construction of hydrogen refueling stations. China's regions are actively engaging in hydrogen projects, such as Shanghai's hydrogen heavy truck logistics corridor and Guangdong's hydrogen ship subsidy policy. The EU's approval of hydrogen trade security regulation signals opportunities for green hydrogen projects in China, especially in regions rich in wind and solar power resources. Corporate dynamics show companies like SinoHytec and Refire winning bids and forming collaborations for hydrogen projects. State-owned enterprises like Sinopec and SPIC are investing in green hydrogen production, with projects planned in Inner Mongolia and Saudi Arabia. Technological advancements focus on energy storage, transportation, and fuel cells, with breakthroughs in organic liquid hydrogen storage and solid-state hydrogen storage materials. Notably, Shanghai Hydrogen ProTech introduces a fuel cell stack with an extended lifespan suitable for long-cycle applications. The article highlights industrial synergy with the establishment of China's first hydrogen-powered zero-carbon park and the integration of hydrogen-powered heavy-duty trucks with a battery swapping model. These initiatives showcase a positive outlook on the development and integration of hydrogen energy in various sectors, emphasizing environmental benefits and technological advancements.