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China's new energy storage battery output exceeded 420 GWh in 1H2026, up 110% YoY; cumulative new energy storage installed capacity surpassed 153 GW as of end-June, a 50-fold gain since the start of the 14th Five-Year Plan. MIIT vice minister Xiong J

2026-10-15

China's new energy storage battery output exceeded 420 GWh in 1H2026, up 110% YoY; cumulative new energy storage installed capacity surpassed 153 GW as of end-June, a 50-fold gain since the start of the 14th Five-Year Plan. MIIT vice minister Xiong Jijun told the World Energy Storage Conference in Ningde regulators will prioritize safety and tech innovation, promote demand-led development, build a global ecosystem and 'resolutely prevent involution-style competition', aiming to shift the sector from scale expansion to innovation-led growth.

Other News
2026-10-15

U.S. 10-year Treasury yield fell 4 bps to 5.1539%.

U.S. 10-year Treasury yield fell 4 bps to 5.1539%.
2026-10-15

The International Monetary Fund (IMF) stated that tightening US monetary policy and fiscal pressures faced by advanced economies could continue to exert upward pressure on Asian bond yields.

The International Monetary Fund (IMF) stated that tightening US monetary policy and fiscal pressures faced by advanced economies could continue to exert upward pressure on Asian bond yields.
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