China State Planner and the National Energy Administration issued the New Energy System Construction "15th Five-Year" Plan, accelerating R&D and equipment development for small modular reactors (SMRs) and Gen‑IV reactors; ultra‑high‑head large‑capacity impulse turbines; deep‑offshore wind; advanced PV and concentrated solar; next‑generation coal power; heavy gas turbines; flexible DC transmission; and smart microgrids. The plan also targets unconventional oil and gas, unmanned intelligent coal m

2026-06-25

China State Planner and the National Energy Administration issued the New Energy System Construction "15th Five-Year" Plan, accelerating R&D and equipment development for small modular reactors (SMRs) and Gen‑IV reactors; ultra‑high‑head large‑capacity impulse turbines; deep‑offshore wind; advanced PV and concentrated solar; next‑generation coal power; heavy gas turbines; flexible DC transmission; and smart microgrids. The plan also targets unconventional oil and gas, unmanned intelligent coal mining, oil‑rich coal utilization, hydrogen and other green fuels. It elevates theoretical research and technology innovation for controlled nuclear fusion, space‑based solar power, high‑temperature superconducting transmission, wireless power transfer and polar/deep‑sea energy. The plan mandates coordinated siting of large renewable bases with national computing hubs to build "energy + digital" clusters, promoting mutual support between power and compute to ensure high‑quality electricity for big data and AI. It further directs rollout of smart mines, smart power plants, digital oil and gas fields, and digitalisation of grids and pipelines.

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2026-06-25

Boeing China president Lu Yiming said on June 24 he expects the Boeing fleet in China could double over the next 20 years, implying sustained demand for aircraft and components. He said many parts for Boeing’s global fleet are produced in China and that Chinese supply-chain partners contribute unique value to Boeing’s global network. Lu estimated about 250,000 additional aviation workers — including pilots and ground staff — will be needed, and said Boeing has trained hundreds of thousands of av

2026-06-25

Hong Kong-listed chip stocks ended higher after choppy trading: Zhaoyi Innovation (03986.HK) rose more than 9%, Tianshu Zhixin (09903.HK) rose over 8%, Lanqi Technology (06809.HK) gained over 6% and SMIC (00981.HK) climbed more than 3%.