China’s power boiler industry is accelerating its transition towards clean energy, with faster adoption of low-carbon options like gas and biomass. Ultra-supercritical coal-fired technology continues to lead globally, while high efficiency and intelligent integration are becoming mainstream. Retrofitting existing units for ultra-low emissions progresses alongside high-standard upgrades for new projects. Regional development shows resource-adapted differences, and leading companies are expanding faster into international markets.

Tighter environmental policies are increasing retrofit costs, while rising carbon prices and volatile raw material prices are intensifying profit pressures. There is a significant reliance on imported high-end technologies and core components, with clear gaps in international brand competitiveness and manufacturing processes. The expansion of renewable energy is squeezing the operational space for thermal power, and increased demand for peak shaving is accelerating equipment wear. There is an uneven distribution of technology, capital, and resources across regions, with central and western areas facing supply chain and supporting infrastructure shortcomings.