On July 23 the Price, Cost and Certification Center met with the National New Energy Storage Innovation Center to discuss costs and returns for standalone, grid-side new energy storage stations. Attendees included staff from the New Energy Price and Cost Division.

China industrial enterprises above designated size: year-to-date through June profits rose 18.7% YoY, versus 18.80% previously.

NBS Industrial Department chief statistician Yu Weining said new growth drivers’ rapid expansion drove marked profit gains in 1H. Notable increases: non‑metallic materials — recycled rubber manufacturing +133.3%, graphite and carbon products manufacturing +61.0%; metals — aluminum smelting +117.1%, copper smelting +53.9%; data‑center interconnect — optical fiber manufacturing +410.4%, optical cable manufacturing +39.8%; equipment manufacturing — additive manufacturing equipment +55.4%, specialized equipment for semiconductor devices +18.7%.