The hydrogen energy industry is on track to experience rapid growth by 2035, driven by China's dual-carbon strategy and supported by technological innovation and government policies. Hydrogen, as a clean and sustainable energy source, is gaining momentum globally, with projections indicating a trillion-dollar market by 2050. China, with a history of hydrogen energy research dating back to the 1950s, is focusing on green hydrogen as a primary energy source in the medium to long term. The industry chain, comprising production, storage, transportation, and utilization, is poised for cost reductions and commercialization as technology matures. The sector is expected to witness a surge in suppliers, manufacturers, and service providers, further boosting its growth. Despite challenges such as low adoption rates, the enactment of the Energy Law in China emphasizes hydrogen's role as a future energy source. The industry's landscape indicates significant development potential, with green hydrogen projected to surpass blue hydrogen production, signaling a shift towards sustainable energy practices.