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Li Qiang chaired a State Council executive meeting and received a report on progress in the Digital China development initiative.

2026-07-10

Li Qiang chaired a State Council executive meeting and received a report on progress in the Digital China development initiative.

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2026-07-10

China's National Energy Administration released the Energy Sector Energy-saving and Carbon-cutting Action Plan (2026–2028), directing a restructuring of the refining and coal-to-liquids/gas sectors. Refining will follow a capacity reduction-and-repla

China's National Energy Administration released the Energy Sector Energy-saving and Carbon-cutting Action Plan (2026–2028), directing a restructuring of the refining and coal-to-liquids/gas sectors. Refining will follow a capacity reduction-and-replacement policy; new refineries must meet benchmark energy-efficiency standards. The plan calls for stronger capacity and technology reserves for coal-to-liquids/gas, higher conversion efficiency, and unit energy consumption and carbon emissions per product to meet or exceed industry advanced levels. It urges accelerated industry upgrades, orderly replacement of steam-turbine drives with electric-drive systems, deeper integration of refining and coal-chemical units with renewables, encouragement of large-scale substitution with green power and green hydrogen while gradually reducing fossil-fuel-based hydrogen, and scaled deployment of CCUS.
2026-07-10

The Federal Reserve announced that each of the five working groups will be co-led by three external experts and supported by Fed staff. Each working group will operate independently, based on facts and evidence, and will submit its findings to the Fe

The Federal Reserve announced that each of the five working groups will be co-led by three external experts and supported by Fed staff. Each working group will operate independently, based on facts and evidence, and will submit its findings to the Federal Open Market Committee.
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