B[The country’s first million-kilowatt photovoltaic photothermal project is connected to the grid for power generation] October 10th, the country’s first million-kilowatt photovoltaic photothermal project, the Qinghai Gonghe million-kilowatt photovoltaic photothermal project, was recently connected to the grid to generate electricity, promoting the expansion of new energy from generating electricity according to the weather to supplying power according to the needs of the grid. The project is located in Gonghe County, Hainan Prefecture, Qinghai Province, with a total installed capacity of 1 million kilowatts, consisting of a 900,000-kilowatt photovoltaic power station and a 100,000-kilowatt molten salt tower solar thermal power station. After the project is put into operation, it is expected that the average annual grid-connected electricity will reach 2.2 billion kilowatt-hours, saving approximately 690,000 tons of standard coal and reducing carbon dioxide emissions by approximately 2.07 million tons each year. It will effectively absorb peak power and heat storage, and improve the peak shaving capacity of the local power grid and the level of new energy consumption. (21 Finance) A[The head of the European Department of the Ministry of Commerce interprets the results of the second regular meeting of the China-EU Trade and Investment Consultation Mechanism] October 10th. From October 8th to 9th, Chinese Minister of Commerce Wang Wentao and European Commission Commissioner for Trade and Economic Security Maroš Sefcovic co-chaired the second regular meeting of the China-EU Trade and Investment Consultation Mechanism (hereinafter referred to as the mechanism) in Beijing. The two sides conducted reciprocal, professional and constructive talks on trade and investment balance, export control, intellectual property rights, WTO reform and other issues, comprehensively took stock of the consultations and progress since the first meeting of the mechanism, and formed a consensus on the results. The person in charge of the European Department of the Ministry of Commerce explained the relevant results.
1. About China-EU Economic and Trade Relations
First of all, the two sides reaffirmed the stable and balanced positioning of China and Europe as key trading partners, and confirmed that they will handle economic and trade differences and mutual concerns in a balanced manner within the framework of WTO rules, discuss deepening mutually beneficial cooperation, and promote China-EU trade to be more balanced and develop forward.
Second, both parties agreed that the mechanism operates smoothly and efficiently, and the successful convening of the second regular meeting is a new starting point, not the end. The consensus reached by both sides fully demonstrates that China and the EU have the will and wisdom to manage and properly handle differences through dialogue and consultation, effectively avoiding the escalation of friction.
Third, both sides believe that stable and healthy China-EU economic and trade relations not only benefit Chinese and European enterprises and people, but also serve the common interests of both sides. It also injects certainty and positive energy into global economic growth and the stability of production and supply chains.
2. Regarding trade and investment balance
Adhering to the principles of mutual respect, equality and mutual benefit, the two sides conducted intensive consultations, focusing on topics such as medical devices, cosmetics, pharmaceuticals, inverters, agricultural and food products, and conducted in-depth discussions on how to reciprocally resolve each other's concerns, expand two-way market access, and promote the dynamic balance of China-EU trade.
First, the two sides agreed to play the role of the trade monitoring mechanism, explore the possibility of reducing tariffs on some goods under the framework of WTO rules, and conduct technical dialogue on EU foreign subsidy regulations to create a fair, transparent and predictable environment for China-EU trade and investment cooperation. The two sides are willing to communicate on market access issues in fields such as medical devices and agricultural products on the basis of previous good cooperation, and continue to communicate on the EU's financing guidance documents for inverter projects, cosmetics and drug supervision and other issues.
Second, the two sides conducted in-depth discussions on the trade of electric vehicles and hybrid vehicles based on the basic principles of respecting facts, non-discrimination and compliance with WTO rules, avoiding the escalation of the situation and effectively safeguarding the actual export interests of Chinese companies and the stable development of China-EU hybrid vehicle trade.
At the same time, the two sides reviewed the previously agreed general guidance document on price commitments in electric vehicle countervailing cases, and the European side will actively promote the relevant procedures for enterprise price commitments and review of electric vehicle cases.
Third, both sides actively look forward to future cooperation and believe that China and Europe have great potential for cooperation in the fields of new energy, artificial intelligence, service trade, digital economy, green and low carbon, and can further explore new opportunities and expand new space. The two sides agreed to explore two-way investment cooperation. China, as always, welcomes EU companies to invest and operate in China and continuously improves the business environment. At the same time, it hopes that the EU will create a fair, transparent and predictable business environment for Chinese companies, effectively safeguard the legitimate rights and interests of Chinese companies, and enhance the confidence and expectations of Chinese companies in investing and operating in Europe.
3. About export control
Since the establishment of the China-EU export control dialogue mechanism, the two sides have maintained close communication at all levels. Both sides agreed to further leverage the export control dialogue mechanism, strengthen policy communication, and maintain the stability and smoothness of the global industrial and supply chains. The two sides reiterated their commitment to resolving each other's concerns in the field of export control, and the EU will continue to promote progress in resolving key licensing cases with China in the dual-use field. The two sides will explore the possibility of mutually introducing facilitation measures around the compliance trade of dual-use items between China and the EU. The EU will consider taking possible facilitation measures towards China. The two sides also agreed to strengthen communication on the issue of sanctions transfer orders in the field of export control, and support and substantively launch the mutual transfer orders process within their respective legal frameworks.
4. About intellectual property rights
China and the EU have maintained a long-term friendly cooperative relationship in intellectual property protection and have continued to make progress. Both sides are willing to continue to deepen exchanges and expand cooperation space. China hopes that the EU will pay attention to China's demands and actively promote resolution. Both sides believe that it is necessary to set phased goals and continue to play the role of the main channel of the China-EU Intellectual Property Working Group to deepen cooperation and monitor progress.
5. Regarding WTO reform
China and the EU are both firm supporters and active contributors to the multilateral trading system. Both sides emphasized the value of the rules-based multilateral trading system, supported WTO reform, and stressed the importance of abiding by WTO rules. Both sides agreed to further strengthen communication and cooperation in an open and constructive manner and conduct discussions on all issues related to WTO reform with a view to promoting substantial progress in the reform.
6. Regarding follow-up work
Looking forward to the next stage of work, both sides will continue to further intensify work on important economic and trade issues of common concern and jointly promote the implementation of the consensus reached at the second regular meeting. The two sides also agreed to hold the third regular meeting of the mechanism in March 2027. Prior to that, the two sides would maintain close communication at all levels, including holding a ministerial-level video conference in January. A[Central Committee of the Communist Party of China and the State Council: Promote cross-industry and cross-regional integration and avoid “involution” competition] On October 9, the Central Committee of the Communist Party of China and the State Council issued the “Opinions on Developing New Productivity”. It pointed out that emerging industries should be cultivated and strengthened. Efforts will be made to create emerging pillar industries. Accelerate the development of strategic emerging industries such as new generation information technology, new energy, new materials, intelligent connected new energy vehicles, robots, biomedicine, high-end equipment, aerospace, etc., build strategic emerging industry clusters with unique characteristics and complementary advantages according to local conditions, and promote resource aggregation, subject concentration, achievement integration, division of labor and cooperation. Deepen the professional division of labor within industries and products, promote cross-industry and cross-regional integration, and avoid "involution" competition. Establish a cross-regional industrial collaboration mechanism with the industrial chain as the leading role and enterprises as the main body, and support the eastern region to drive the central, western and northeastern regions to develop emerging industries according to local conditions. On the premise of ensuring safety, we will promote the healthy and orderly development of low-altitude economy and commercial aerospace. B[Central Committee of the Communist Party of China and the State Council: Actively promote the energy revolution and orderly develop advanced nuclear fission energy] On October 9, the Central Committee of the Communist Party of China and the State Council issued the "Opinions on the Development of New Productivity". Opinions put forward to actively promote the energy revolution. Focus on the carbon peak and carbon neutrality goal, develop advanced nuclear fission energy in an orderly manner, build a high-proportion renewable energy power system, improve new energy consumption and regulation policies and measures, organize demonstrations and promotions of major application scenarios, accelerate the green process of energy use in production and living throughout society, promote energy consumption, supply, technology, and institutional revolution, and strengthen international cooperation in an all-round way. A[Central Committee of the Communist Party of China and the State Council: Comprehensively implement the "artificial intelligence +" action to strengthen the efficient supply of computing power, algorithms, data, etc.] On October 9, the Central Committee of the Communist Party of China and the State Council issued the "Opinions on the Development of New Productivity". The opinion proposes to fully implement the "artificial intelligence +" action. Promote the transformation of traditional industries by artificial intelligence, and accelerate the application of new generation intelligent terminal scenarios such as intelligent connected new energy vehicles, artificial intelligence mobile phones and computers, and humanoid robots. Accelerate the innovation of digital intelligence technologies such as artificial intelligence, break through basic theories and core technologies, and strengthen the efficient supply of computing power, algorithms, data, etc. According to local conditions and industry-specific policies, we will lay out national artificial intelligence industry application pilot bases and high-value application scenarios, and vigorously promote the application of artificial intelligence in various industries. Build a technical monitoring, risk warning, and emergency response system to ensure the safety, reliability, and controllability of artificial intelligence. B[Rubber prices soar, more than 60 tire companies collectively increase prices] October 9th, since the beginning of this year, rubber prices have continued to rise. As of the close of October 8th, the main rubber contract price on the Shanghai Futures Exchange was 20,145 yuan per ton, with a cumulative increase of more than 28% during the year, at a nine-year high. Tires are the largest downstream product of natural rubber. The increase in the price of rubber raw materials directly affects the costs and benefits of the tire industry. According to statistics, since September, more than 60 tire companies have issued more than 70 price increase letters, covering all categories of all-steel tires, semi-steel tires, and engineering tires. The price adjustment range is generally between 2% and 5%. Thanks to the continued expansion of domestic new energy vehicles in overseas markets, the tire industry is focusing on the high-end supporting market, hedging against the uncertainty of changes in raw material costs by increasing product value and building technical barriers. (CCTV Finance) B[Shenzhen’s electricity consumption increased by 6.4% year-on-year in the first three quarters and increased by 7.16% year-on-year during the National Day holiday] On October 8, according to the “Shenzhen Power Supply” public account, in the first three quarters of 2026, Shenzhen’s total social electricity consumption was 103.042 billion kilowatt hours, a year-on-year increase of 6.40%. At the same time, during the 7-day National Day holiday (October 1-7), the electricity consumption of the whole society increased by 7.16% year-on-year. The "three new" economy represented by new industries, new business formats, and new business models has shown vigorous and upward power. In the first three quarters, electricity consumption increased by 44.5% year-on-year. Among them, the electricity consumption for the manufacturing of new energy vehicles increased significantly by 71.16%, the electricity consumption for the manufacturing of photovoltaic equipment and components increased by 30.45%, and the scale of green and low-carbon industries and advanced manufacturing industries continued to expand. B[Cyliss released a production and sales report for September, with new energy vehicle sales increasing by 20.7% month-on-month] On October 8, Cyrus released a production and sales report for September. Data show that sales of new energy vehicles in September were 29,271 units, a month-on-month increase of 20.7%. With the start of delivery of the extended version of the M9 Ultimate, the new generation of the M9 series has delivered more than 40,000 units in 16 weeks, continuing to rank first in sales of models with more than 500,000 units. In addition, Wenjie's high-end products continue to be refreshed. Wenjie's new M8 has started pre-sale on September 30, with a starting price of 389,800. All models of the series have ushered in a new round of OTA upgrades, which have completely refreshed the three-dimensional experience of assisted driving, Hongmeng cockpit and daily convenient car control, bringing users a more intelligent, safe, luxurious and comfortable travel experience. B[SAIC Group: Automobile sales in September were 406,100 units, a year-on-year decrease of 7.67%] On October 8, SAIC Motor announced on October 8 that SAIC Motor’s vehicle sales in September 2026 were 406,051 units, a year-on-year decrease of 7.67%; production was 406,494 units, a year-on-year decrease of 11.25%. Among them, the sales volume of new energy vehicles was 224,973 units, a year-on-year increase of 18.72%; the sales volume of export and overseas bases was 150,008 units, a year-on-year increase of 49.07%. B[The average daily charging volume of new energy vehicles on expressways during the National Day holiday increased by 51.42% year-on-year] October 8th, as the number of new energy vehicles continues to grow, and the proportion of green travel among people during holidays continues to increase, the National Energy Administration has guided all localities to refine and improve charging guarantee plans in advance, organize relevant parties to use information platforms to strengthen monitoring, and do emergency dispatching to effectively ensure the charging demand for large-scale travel of new energy vehicles during this year’s National Day. Through statistical analysis of 62,700 highway charging facilities (guns) included in the national charging facility monitoring service platform, from 0:00 on October 1 to 24:00 on October 7, China's highway new energy vehicles were charged a total of 6.711 million times, with a charging capacity of 163 million kilowatt hours, and an average daily charging capacity of 23.2566 million kilowatt hours. The average daily charging capacity increased by 51.42% year-on-year. B[New energy vehicles on highways were charged nearly 3 million times in the three days before the National Day holiday, and the charging capacity exceeded 71 million kilowatt hours] October 4th, according to the National Energy Administration, the demand for charging new energy vehicles was strong in the three days before the National Day holiday, and the highway charging infrastructure was operating smoothly. From 0:00 on October 1 to 24:00 on October 3, through statistical analysis of 62,700 highway charging facilities (guns) included in the national charging facility monitoring service platform, the number of new energy vehicle charging times on national highways in the three days before the National Day holiday this year totaled 2.9686 million times, with an average of 989,500 times per day. An increase of 48.41% compared with the same period during the National Day holiday last year; the charging capacity reached 71.6193 million kWh, with a daily average of 23.8731 million kWh, an increase of 49.39% compared with the same period during the National Day holiday last year. The penetration rate of green travel during holidays continues to increase, and the trend of people using new energy vehicles for long-distance travel has become increasingly obvious. In the next few days, the National Day holiday will usher in the peak return period. The National Energy Administration will work with relevant parties to further strengthen dispatch monitoring and continue to ensure the travel of new energy vehicles during the holiday. B[Passenger flow across the country continues to run at a high level on the fourth day of the holiday, and transportation departments take multiple measures to ensure travel] October 4th, on the fourth day of the National Day holiday, passenger flow across the country continues to run at a high level. Railways, highways, waterways and other departments have promptly increased transport capacity and optimized services to ensure safe and smooth travel for passengers. Today, the country's railways carried 19.273 million passengers, a year-on-year increase of 6.1%. The passenger flow of short and medium distances has increased significantly. Railway departments in many places have cooperated with local cultural and tourism departments to set up "tourist service centers" at exits to provide passengers with services such as ticket purchase for popular attractions, tour guide consultation, and transportation connections to scenic spots. At the same time, for popular directions, transportation capacity will be increased by reconnecting EMUs, adding temporary passenger trains, and adding night high-speed trains. In terms of highways, inter-provincial travel and new energy vehicle traffic continued to grow. According to research and judgment, there are 33 highway sections across the country prone to congestion, mainly concentrated in Jiangsu, Sichuan, Guangdong, Hunan, Zhejiang and other provinces. The transportation department temporarily opens emergency passages based on traffic flow and road emergencies. As for waterways, the passenger volume on waterways is expected to exceed 1.95 million today. Island tours, city sightseeing tours, and cruise tourist flows continue to maintain high levels. The maritime department uses the smart maritime platform to track ship trajectories, implement ship tracking and patrol boat escorts on key routes, and make every effort to ensure the safety of water travel. (CCTV News) B[The China-Europe Arctic Container Route has transported more than 7,760 TEUs] October 3rd, according to Ningbo Customs, the world's first regularly operated China-Europe Arctic container route has operated a total of 8 flights this year and transported a total of 7,761 TEUs of cargo, mainly energy storage equipment, power batteries, new energy vehicles and other goods, with a value of 5.33 billion yuan, reaching more than 20 countries and regions including the United Kingdom, Germany, and the Czech Republic. This route is a seasonal route and will start sailing again next summer. As a landmark achievement of the joint construction of the "Polar Silk Road", the voyage of this route only takes 18-20 days, which is about half the time compared with the traditional Suez route. It has the advantages of timeliness, cost, greenness and safety, and ensures the stability and smoothness of the China-Europe industrial chain and supply chain. (CCTV News) A[BYD sold 463,600 new energy vehicles in September, a year-on-year increase of 16.99%] October 1,
On October 1, BYD announced that the company sold 463,600 new energy vehicles in September, compared with 396,300 vehicles in the same period last year; the cumulative sales from January to September this year were 3.1316 million vehicles, a year-on-year decrease of 3.94%. Among them, the sales of pure electric vehicles in September were 273,100 units, a year-on-year increase of 33.21%; the sales of plug-in hybrid vehicles were 183,600 units, a year-on-year decrease of 2.36%. In September, 180,700 new energy vehicles were exported. B[Great Wall Motors sold 115,000 units in September, down 14% year-on-year] On October 1, Great Wall Motors (02333.HK) announced its production and sales report for September 2026: total vehicle sales for the month were 114,944 units, down approximately 14% year-on-year; cumulative sales from January to September were 920,302 units, down slightly 0.33% year-on-year. By brand, sales of Euler increased by 79% year-on-year to 11,202 units, and Great Wall pickups sold 15,020 units, which increased by 16% year-on-year. Haval, Tank, and WEY declined by 19%, 29%, and 37% respectively. In September, 60,019 units were sold overseas, and 41,982 units of new energy vehicles were sold. B[The charging peak of new energy vehicles is approaching during the National Day, and the charging volume of highways in many provinces is expected to reach a record high] According to State Grid news on September 30, the popularity of self-driving new energy vehicles has increased during the National Day holiday. According to the prediction of the smart car networking platform, the charging peak is expected to occur on October 1, and the peak charging period is from 7:00 to 20:00. October 5th and 6th are the core periods for return trips, and the number of charging vehicles on the highway will remain high. The peak charging periods are from 11:00 to 21:00 on October 5th, and from 10:00 to 22:00 on October 6th. From a regional perspective, it is expected that highway charging capacity in Zhejiang, Jiangsu, Anhui, Shandong, Hebei, Henan, Fujian and other provinces will reach a record high. From the perspective of highways, the new energy charging piles on Changshen Expressway, Shenhai Expressway, and Shanghai-Kunming Expressway are the busiest. A[State-owned Assets Supervision and Administration Commission of the State Council: Further develop key areas such as artificial intelligence and new materials, and cultivate cutting-edge tracks such as quantum technology in advance] On September 29, Cheng Fubo, Secretary and Director of the Party Committee of the State-owned Assets Supervision and Administration Commission of the State Council, published a signed article in "New Industrialization" stating that we will actively cultivate and strengthen strategic emerging industries. Emerging industries and future industries are key forces leading the construction of a modern industrial system. At present, the emerging industries and future industrial layout of central enterprises need to be improved and accelerated. Some industries have not yet formed competitive advantages. Greater efforts must be made to create emerging pillar industries. In accordance with the idea of "leading a group, catching up with a group, and cultivating a group", we will coordinate and promote differentiated layout, continue to consolidate the advantages of new energy, aerospace and other industries, further develop key areas such as artificial intelligence and new materials, and cultivate cutting-edge tracks such as quantum technology, nuclear fusion energy, and bio-manufacturing in advance to promote the development of emerging industries.
— All loaded —
