Business & Markets

In July, the sales share of new energy vehicles exceeded 60% for the first time, with an accumulated share surpassing 50% for the first time. This marks the establishment of new energy vehicles as mainstream in the market and propels China toward becoming a automotive powerhouse. The product advantages, market support, and improved infrastructure form the basis for this achievement. Over the next five years, China's intelligent connected new energy vehicle industry will accelerate its development, and China is poised to achieve greater breakthroughs in the global reshaping process.

So far this year, the effect of our moderate and prudent monetary policy has become evident, with improving the quality and efficiency of financial services for the real economy. As of June, the growth rates of multiple types of loans exceeded that of all loans, and interest rates on small and micro enterprise loans decreased by 40 basis points. In the next phase, we will maintain ample liquidity by comprehensively using monetary policy tools, strengthen coordination and cooperation with fiscal policies, promptly introduce additional policies, and boost domestic demand to promote sustained economic growth.

Beijing launched its first branded cargo train service named "JD Express," operating five times a week to deliver household appliances, electronics, and cosmetics from Fengtai District to the Guangdong Hong Kong Macao Greater Bay Area within 24 hours. This service aims to enhance regional logistics efficiency by providing higher capacity and more predictable schedules compared to traditional road transport.

Ning Boyu, a principal engineer at Huawei and former "Top Mind," has left the company to pursue postdoctoral research in Sweden on a Marie Curie Fellowship. He aims to bridge the gap between industry needs and academic research and plans to return to China after completing his studies.

Xinhua News Agency, Beijing, August 13 (Xinhua News Agency): Xi Jinping's ecological civilization thought leads a new chapter of the beautiful China construction spectrum - written on the occasion of the National Ecological Day and the implementation of the Ecological Environment Code. On August 15, on the occasion of the fourth National Ecological Day, the "Ecological Environment Code of the People's Republic of China" was officially implemented, declaring that China's ecological environment protection has opened the era of "codification". Taking Xi Jinping's ecological civilization thought as its soul and outline, this code has great and far-reaching significance for the protection of green water and green mountains with a high level of rule of law, providing Chinese solutions and contributing Chinese wisdom to the construction of a clean and beautiful global homeland. "Ecological civilization construction is in the contemporary and profitable. General Secretary Xi Jinping pointed out profoundly. Dharma-protecting mountains and rivers, Chiaki Nizawa. From institutional construction to the protection of the rule of law, from institutional reform to green development, under the guidance of Xi Jinping's ecological civilization thought, China's ecological and environmental protection and governance have opened a new stage, and green and low-carbon development has become more and more firm, continuing to resonate with the harmonious resonance of man and nature. Light of Thought:" Promote green development, build ecological civilization, and focus on building rules and regulations "A code that marks a milestone in the construction of ecological civilization - Beijing People's Great Hall on the afternoon of March 12, 2026. The Ecological Environment Code of the People's Republic of China, adopted at the fourth session of the 14th National People's Congress, became the second law in China named after the" Code "after the Civil Code....

Decree No. 843 of the State Council of the People's Republic of China "Decision of the State Council on Amending and Abolishing Part of Administrative Regulations" has been adopted at the 93rd executive meeting of the State Council on July 31, 2026. It is hereby promulgated and shall take effect on August 15, 2026. Premier Li Qiang August 8, 2026 Decision of the State Council on Amending and Abolishing Part of Administrative Regulations In order to fully and effectively implement the Ecological Environment Code of the People's Republic of China and ensure the logical unification and coordination of the legal system and rules of the ecological environment, the State Council cleaned up the administrative regulations involved. After cleaning up, the State Council decided to: 1. Revise some provisions of 12 administrative regulations. (Annex 1) II. The three administrative regulations shall be repealed. (Annex 2) This Decision shall come into effect as of August 15, 2026. Annex: 1. Administrative Regulations as amended by the decision of the State Council 2. Annex 1 to the administrative regulations that the State Council has decided to repeal Administrative Regulations that the State Council has decided to amend First, the "Statistics Law of the People's Republic of China" and "Environmental Protection Law of the People's Republic of China" in Article 1 of the "National Pollution Source Census Regulations" shall be amended to "Ecological Environment Law of the People's Republic of China" and "Statistics Law of the People's Republic of China". II. The "Standardization Law of the People's Republic of China" and the "Law of the People's Republic of China on the Prevention and Control of Environmental Pollution by Solid Waste" in Article 56, Paragraph 1 of the "Interim Regulations on Express Delivery" shall be amended as the "Ecological Environment Law of the People's Republic of China" and the "Standardization Law of the People's Republic of China"....

August 14, 2026 As of July 2026, the main members of the "German Old Driver Driving School" case of Chinese transnational rape have been sentenced one after another. This is a transnational crime case using crypto-social software groups to commit and spread systematic molestation against Chinese women. They called the victims' cars' and the drugs' oils'. As early as the beginning of 2021, Henan Hebi police had solved a rape case by reporting it. The group members sent the drugs to 13 provinces, autonomous regions and cities across the country by mail. In the QQ group, they also called the victims "car" and the narcotic drugs "oil". The "old driver driving school" case is based on the accidental discovery and reporting of the victim, in fact, more women are not so lucky. In many countries, for adult women, the detection of sexual assault often relies on the victim's own initiative to detect abnormal reports. However, since anesthetic drugs often trigger antegrade forgetting, women who wake up after sleeping may not be aware of their assault. In Germany, two female journalists decided to pry into this dead-end cycle, and in 2022, Isabell Beer and Isabel Ströh of the German broadcaster North German Broadcasting Company discovered a bunch of videos suspected of rape on pornographic websites. In order to expose this vast underground criminal organization, they faked the identity of a rap-hobby male and went undercover to pornographic websites and Telegram...