Tracking the Forces Reshaping the Economy
Macro
Tracking the forces shaping energy, capital and industrial change.
Macro ·
The National Energy Administration released the Guidelines for Classification and Grading of Energy Industry Data (2026 Edition), setting a framework for energy data from coal, oil, electricity and others, and defining criteria for identifying important and core data. The guidelines take effect on July 1, 2026.
Macro ·
China's NMPA and six other departments jointly issued the 'Medical Representative Management Rules', effective August 1, 2026, replacing the trial version. The new rules standardize employment conditions, filing, academic promotion, and management responsibilities, explicitly prohibiting commercial bribery.
Macro ·
From July 1 to 15, air quality across most of China is expected to be good to lightly polluted. Under high temperatures and clear skies, some cities in central-southern North China, the Fenwei Plain, and southern Northeast China may experience moderate ozone pollution. Parts of Xinjiang may see moderate or worse PM10 pollution due to dust.
Macro ·
The July 1 issue of Qiushi Journal will republish Xi Jinping's 2015 speech 'Be a County Party Secretary Like Jiao Yulu,' stressing that county Party secretaries must keep the Party, the people, responsibility, and discipline in mind.
Macro ·
The National Energy Administration and the Ministry of Ecology and Environment have jointly announced the establishment of the 'Green Nuclear' Nuclear Power Science Popularization Cooperation Platform, initiated by three organizations and with four major nuclear groups as main entities, aiming to enhance public understanding of nuclear power and safety.
Macro ·
Premier Li Qiang signed State Council Order No. 840, promulgating the Regulations on Promoting Employment and Entrepreneurship for Veterans, which were adopted at the 88th executive meeting of the State Council. The regulations will take effect on August 1, 2026, and systematically address education and training, employment support, and entrepreneurship assistance.
Macro ·
The Ministry of Transport released the Regulations on Operating Permits for Public Air Transport Enterprises, which will take effect on July 1, 2026. The rules specify conditions for obtaining permits, required application documents, change management, and supervision requirements, along with penalties for violations.
Macro ·
The Sichuan Communications Administration coordinated four telecom operators to achieve 5G cross-network roaming across emergency scenarios province-wide. Tests in Guang'an and Aba confirmed cross-network voice, SMS, and data services, forming a multi-network emergency communication system to boost resilience during disasters.
Macro ·
The Zhejiang Regulatory Bureau of the Ministry of Finance has introduced a new internal control framework for VAT refund businesses, strengthening risk prevention through tiered management, targeted training, and on-site supervision. Applicant companies are dynamically regulated by three categories based on first-time filings, large amounts, and compliance records, while materials are color-coded red, yellow, or green.
Macro ·
As the Communist Party of China marks its 105th anniversary, General Secretary Xi Jinping has called for carrying forward the great founding spirit of the Party, which encompasses upholding truth and ideals, staying true to the original aspiration and founding mission, fighting bravely without fear of sacrifice, and remaining loyal to the Party and faithful to the people. The report also covers the Party-wide education campaign, the latest anti-corruption statistics, and examples of CPC members' dedication in various fields.
Macro ·
Xi Jinping, general secretary of the CPC Central Committee, told a seminar for county Party secretaries that they must always keep the Party, the people, responsibility, and discipline in mind, and strive to be good county secretaries like Jiao Yulu. He stressed the pivotal role of county-level governance and outlined specific requirements.
Macro ·
The State Council executive meeting on June 29, 2026 heard reports on AI development, studied the foreign trade situation and trade powerhouse building, and adopted the '15th Five-Year Carbon Peak Action Plan' and the '15th Five-Year National Health Plan'.