Tracking the Forces Reshaping the Economy
Macro
Tracking the forces shaping energy, capital and industrial change.
Macro ·
From June 21 to 27, the Ministry of Ecology and Environment held a warning education meeting, Minister Huang Runqiu attended the 10th MoCA and the 11th China-EU Environmental Policy Dialogue; six departments jointly issued the Beautiful China Construction National Action Promotion Plan (2026-2030), and the ministry released air quality data for May 2026.
Macro ·
China's Ministry of Finance issued EUR5 billion sovereign bonds on June 25 in Luxembourg, with 5-year, 8-year, and 12-year tranches at coupons of 2.768%, 2.966%, and 3.212%, and near 5 times oversubscription. The bonds will list in Hong Kong and Luxembourg.
Macro ·
A work symposium of the Zhejiang provincial development and reform system was held in Hangzhou on June 21, 2026, focusing on three major tasks for high-quality development: common prosperity, artificial intelligence, and green and low-carbon transition.
Macro ·
The Jiangxi Regulatory Bureau of the Ministry of Finance published an article on how it uses Xi Jinping Economic Thought as a guide to strengthen fiscal and financial supervision, with a focus on risk prevention, digital transformation, and cross-agency coordination.
Macro ·
The Ministry of Finance's Guangxi Regulatory Bureau has in recent years balanced supervision and service, working on political development, local fiscal risk prevention, and financial discipline to ensure major central decisions are implemented locally.
Macro ·
2026 marks the first year of implementation for the Administrative Institutions Internal Control Evaluation Measures, with evaluation and reporting integrated for the first time. The Ministry of Finance's Chongqing Regulatory Bureau has rolled out three measures—coordinated deployment, multi-dimensional integration, and closed-loop management—for central budget units stationed in Chongqing, moving internal control from mere formality to effective operation.
Macro ·
The Ministry of Natural Resources has publicized the list of the 50th batch of planning institutions meeting Class A qualification conditions. The publicity period runs from June 25 to July 10, 2026, during which objections and inquiries are accepted. Approved institutions with no objections will receive formal announcement.
Macro ·
The General Office of the Ministry of Natural Resources has issued a revised Marine Disaster Emergency Plan to address new challenges in marine disaster prevention under climate change, repealing the 2022 version.
Macro ·
The Ministry of Finance's Hubei Regulatory Bureau is leveraging the expansion of dynamic monitoring of actual funds of central budget units to establish a regular budget execution supervision system featuring efficient early warning, rapid feedback, timely correction, strong control and full coverage, aiming to enforce stricter financial discipline and ensure government agencies tighten their belts.
Macro ·
The Hebei Regulatory Bureau of the Ministry of Finance unveiled a “1+3+3” work approach focusing on Party-building guidance, three core tasks including key supervision, routine monitoring and research, and three optimization measures covering organization, foundation and efficiency, aiming to improve fiscal supervision quality and effectiveness in the Xiong'an New Area.
Macro ·
In 2025, the Inner Mongolia Regulatory Bureau of the Ministry of Finance adopted three core measures to improve the review quality of internal control evaluations and report compilations of central budget units stationed in the region.
Macro ·
The General Office of the Ministry of Natural Resources issued the Catalog of Recommended Land-Saving Technologies and Models (Fifth Batch), urging regional authorities to learn from it and focus on structural optimization, vertical development, technological innovation, and functional transformation to enhance construction land efficiency and accelerate green, low-carbon transition.