Chinese state-owned energy companies, including Sinopec and the State Energy Group, have established a new consortium in Beijing focused on advancing China's green hydrogen capabilities. With the participation of over 80 organizations, the Central Enterprise Green Hydrogen Energy Production, Storage, and Transportation Innovation Consortium aims to drive innovation and promote the large-scale application of green hydrogen technologies. The consortium, under the guidance of the State-owned Assets Supervision and Administration Commission, plans to concentrate on crucial technologies and strategic development to enhance China's hydrogen energy industry. Key figures from major organizations like China Energy Investment Corp., State Grid Corp., PetroChina, Cnooc, and China State Shipbuilding Corp are actively involved in this initiative. The consortium's objectives include addressing challenges related to storage and transportation of green hydrogen from renewable energy hubs in western China to the industrial sectors in the east. Sinopec, a significant player in the oil and gas sector, expressed commitment to accelerating China's hydrogen industry through this alliance. The article highlights China's leading position in green hydrogen projects, with a substantial installed capacity and ambitious expansion plans. Noteworthy projects such as Sinopec's 260MW solar-powered green hydrogen project in northwest China exemplify the country's efforts towards sustainable energy development. On the global stage, Bosch anticipates that China will dominate the demand for hydrogen technology, while Europe and North America may experience slower growth until the 2030s, emphasizing the competitive dynamics in the hydrogen sector.