China’s State Council issued its “15th Five-Year” carbon-peak action plan targeting new-energy vehicles (NEVs) to reach about 30% of total vehicle stock and NEV commercial/operational vehicles 25% by 2030. Measures include accelerating electrificatio

2026-07-09

China’s State Council issued its “15th Five-Year” carbon-peak action plan targeting new-energy vehicles (NEVs) to reach about 30% of total vehicle stock and NEV commercial/operational vehicles 25% by 2030. Measures include accelerating electrification of public and government fleets and non-road mobile machinery (construction, mining, ports, airports, logistics parks); phasing out old vehicles; promoting large-scale use of new-energy heavy trucks; expanding charging, battery-swap and green hydrogen/ammonia/methanol refueling infrastructure; building zero-carbon road transport corridors on major high‑freight national highways and trunk roads; raising rail and water share for bulk freight and NEV freight share; and developing electric, LNG, biodiesel and green-methanol powered vessels.

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2026-07-09

The Shenzhen Component Index rose more than 3% intraday, the ChiNext Index rose 4.48%, the Shanghai Composite Index rose 1.55%, and nearly 2,300 stocks across the market rose.

2026-07-09

Morgan Stanley's Chief China Equity Strategist, Wang Ying, stated in a report that late July to August could be a crucial period for a sustained recovery in Hong Kong and Chinese stock markets. She pointed out that in recent weeks, Hong Kong and Chin