The State Administration for Market Regulation issued rules on administrative-penalty discretion, effective Jan. 1, 2027. Discretion is split into five tiers: no penalty, reduced penalty, lenient penalty, ordinary penalty and severe penalty. Severe p

2026-11-03

The State Administration for Market Regulation issued rules on administrative-penalty discretion, effective Jan. 1, 2027. Discretion is split into five tiers: no penalty, reduced penalty, lenient penalty, ordinary penalty and severe penalty. Severe penalty means applying relatively heavier or more types of penalties, or higher penalty ranges, within legally available options; for fines the amount must fall in the upper 30% (inclusive) of the statutory minimum-to-maximum range.

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2026-11-03

A fire broke out on Nov. 1 at Fulin Jinggong’s under-construction 500,000 t/yr high-end lithium iron phosphate (LFP) production base for energy storage. The facility is a core project in the company’s energy-storage strategy. Open flames were extingu

2026-11-03

The State Council's report on financial work was submitted to the NPC Standing Committee for review on Nov. 3, setting five next-step priorities: continue an appropriately accomodative monetary policy; further strengthen and refine financial regulati