B[China's first million-ton low-concentration CCUS full-chain demonstration project starts construction] On October 17, we learned from Sinopec that China's first million-ton low-concentration carbon dioxide capture, utilization and storage full-chain demonstration project has started construction in Shengli Oilfield. After the project is completed, it will be able to capture and utilize low-concentration flue gas from coal-fired power plants, all of which will be used for oil field displacement and storage, exploring new ways for large-scale carbon reduction of coal-fired power plants. The demonstration project started this time covers an area of about 74,500 square meters, and includes new absorption towers, deep purification towers, regeneration towers and other large towers. Among them, the absorption tower is 82 meters high, 12.6 meters in diameter, weighs 1,280 tons, and the chimney is 150 meters high. It is the largest carbon dioxide capture equipment in the country. The project captures low-concentration flue gas from coal-fired power plants with a carbon dioxide concentration of only 12% to 15%, and injects it into the oil reservoir through more than 70 gas injection wells, sequestering carbon dioxide while achieving oil displacement and increased production. (CCTV News) B[Eight departments including the State Administration for Market Regulation jointly issued a pilot plan to create a "strong engine of quality" for industrial upgrading] On October 16, eight departments including the State Administration for Market Regulation, the Ministry of Ecology and Environment, the Ministry of Housing and Urban-Rural Development, the Ministry of Water Resources, the Ministry of Agriculture and Rural Affairs, the State-owned Assets Supervision and Administration Commission of the State Council, the National Energy Administration, and the Civil Aviation Administration of China officially issued the "Pilot Work Plan for Inspection and Testing to Promote Industrial Optimization and Upgrading", marking a new stage for China's inspection and testing service industry to move from "single point breakthrough" to "system empowerment". The "Plan" closely follows the dual strategies of "strengthening the country with quality" and "expanding capacity and improving quality of the service industry", with the concept of "innovation-driven, transformation, collaborative linkage, and integrated development", focusing on industrial blockades and difficulties, and deploying three core efforts: First, tackle key technologies and activate the "new engine" of industrial upgrading. Focus on bottlenecks such as "cannot detect, cannot detect accurately, cannot detect quickly", strengthen core technology research and forward-looking reserves; deepen digital intelligence integration and green and low-carbon transformation, and improve full-chain service capabilities such as carbon footprint and water ecology;
Accelerate the mutual recognition of international qualifications to help advantageous industries such as photovoltaics and lithium batteries overcome trade barriers; accurately empower, specialize, specialize and other high-quality enterprises to gradually cultivate, create regional characteristic industrial clusters, and promote the county economy to leap from "having" to "excellent". The second is to achieve full-chain collaboration and forge the "resilience" of key industries. In view of the revitalization of traditional industries, the growth of emerging industries, and the cultivation of future industries, inspection and testing institutions are encouraged to be deeply embedded in the supply chain of chain owners, and improve the consistency and reliability of products throughout the chain through joint verification of upstream and downstream, mutual recognition of data, and research on common issues. Promote the extension of inspection and testing to the entire R&D and manufacturing chain, effectively improve the overall collaborative efficiency and risk resistance of the industrial chain, and realize the deep integration of advanced manufacturing and modern service industries. The third is to strengthen departmental coordination and build a "big pattern" of joint efforts and joint management. This pilot is jointly organized by eight departments to open up the application channels for industries, central enterprises and local governments, and implement voluntary declaration and independent implementation.
Various departments will coordinate the layout of the national quality inspection center, the construction of quality infrastructure systems, and policy resources in areas such as ecology and energy, and work together to resolutely put an end to formalism and ensure that the pilot results truly serve the optimization of industrial layout.
This coordinated linkage between the eight departments is a profound change in inspection and testing from "behind-the-scenes control" to "front-stage empowerment". The pilot application will be launched in November 2026, using the high-end inspection and digital transformation as a lever to accelerate the formation of new quality productivity. The "Plan" and the ongoing "two-wheel drive" of the National Quality Inspection Center's three-year action for quality improvement and optimization form a policy synergy that will accelerate the construction of a modern quality support system with clear positioning, advanced technology, and efficient services. B[2026 North Bund International Shipping Forum opens on October 20] October 15th, the 2026 North Bund International Shipping Forum will be held at the North Bund World Conference Hall in Hongkou District from October 20 to 21. It will continue to be co-sponsored by the Shanghai Municipal People's Government and the Ministry of Transport. The theme of the 2026 North Bund International Shipping Forum is "Common Challenges, Common Mission - Promoting the Resilient Development of Global Shipping". The forum includes two main forums: the opening ceremony, international shipping and international aviation, and five themed forums on maritime traffic safety, finance and insurance, digital intelligence, green and low carbon, and judicial arbitration. During the same period, Shanghai Pudong International Shipping Week, Global Maritime Forum Conference and other activities will be held, with a total of more than 60 events. (Published in Shanghai) B[Shanghai Exchange Director Tian Xiangyang: Promote the listing of liquefied natural gas, corrugated paper futures options, and promote the research and development of electricity and other products] October 15th, today, at the 2026 Shanghai Derivatives Market Forum co-organized by the Shanghai Futures Exchange and the China Financial Futures Exchange, Director Tian Xiangyang of the Shanghai Futures Exchange said in a speech that the next step is to fully prevent risks and strengthen supervision, strengthen market risk monitoring, build risk breakwaters and breakwaters, improve regulatory efficiency, and ensure the stable operation of the market. The second is to steadily improve the product system, strengthen the advantageous sequence of metals, energy, shipping, etc., steadily promote the listing of liquefied natural gas, corrugated paper futures and options, promote the research and development of strategic and basic products such as electricity, and better empower the construction of a modern industrial system. The third is to innovate the business model with Chinese characteristics in depth and accurately meet the needs of industrial risk management with more efficient mechanisms and tools and a longer-lasting service system. The fourth is to comprehensively enhance cross-border service capabilities, steadily expand the opening up of platforms, services, prices and other fields, deepen pragmatic external cooperation, promote the extension of overseas services, and continuously expand the application scenarios of "Shanghai Price". The fifth is to vigorously promote the integrated development of futures and cash, enrich delivery resources, innovate delivery mechanisms, deepen the use of non-ferrous metals data systems, and comprehensively improve the quality of delivery warehouses. (Reporter Zhou Xiaoya) B[China currently has 180 valid national standards for hydrogen energy] October 14th, reporters learned today that the China Institute of Standardization released the "China Hydrogen Energy Industry Standardization Blue Book (2026)". The Energy Law that will be implemented in 2025 will incorporate hydrogen energy into energy management for the first time. The "15th Five-Year Plan" outline lists hydrogen energy as a forward-looking future industry. Five major hydrogen energy comprehensive application pilot city clusters have been approved for implementation. China's hydrogen energy industry is moving from demonstration introduction to large-scale development, and the standardization strategy has unprecedented momentum. The "Blue Book" provides a panoramic overview of the development process since the release of the first national hydrogen standard in 1983, which has gone through four stages: initial exploration, system construction, quality improvement and upgrading, and accelerated development. As of August 2026, China has 180 current effective national standards for hydrogen energy and 114 are being revised. The implementation of standards is being transformed into industrial momentum. There are about 27,000 fuel cell vehicles in the five demonstration city clusters, and a total of more than 250 hydrogenation stations have been built, operating safely for more than 1.1 billion kilometers. China's hydrogen energy standardization has realized a transformation from "following" to "following, running alongside, and leading". (CCTV News) B[Silicon Industry Branch: Production cuts are gradually implemented and polysilicon prices are running weakly and steadily this week] On October 14, the Silicon Industry Branch released data. According to Antaike statistics, the transaction price of n-type compound material (rod silicon) this week was 43,000 yuan/ton, which was the same as the previous month; the transaction price of n-type granular silicon was in the range of 40,000-41,000 yuan/ton, and the average transaction price was 40,300 yuan/ton, which was the same as the previous month. The domestic polysilicon market operated smoothly this week, with actual transaction volume maintained at 2-3 companies, and the transaction volume was basically the same as last week. The production reduction plans of various enterprises have entered the implementation stage one after another since October, and the supply-side contraction effect has gradually emerged. However, the intensity and sustainability of production reductions still need time to be observed. Downstream procurement continues the rhythm of rigid demand, and the market is waiting for clearer supply and demand signals. Production companies insist on selling at no less than full cost, and prices have basically stabilized. Affected by the pace of downstream replenishment, the pace of spot transactions is relatively slow, and the overall situation is in a transitional stage. B[Russia says the Moscow region was attacked by large-scale drones] October 14th, Moscow Mayor Sobyanin posted on social media today (October 14th) that from 20:30 pm on the 13th to 7am on the 14th Moscow time, 493 drones flew towards the Moscow region, most of which were intercepted at long distances, and 180 drones were destroyed when approaching. The Russian Ministry of Defense reported today that from the night of the 13th to the early morning of the 14th local time, the Russian armed forces launched a large-scale attack on the communications and energy infrastructure in Kiev and Kharkiv, Ukraine. The facilities attacked were used to support the Ukrainian armed forces. The Ukrainian Air Force issued a statement today (October 14) stating that the Russian army launched multiple ballistic missiles towards the city of Kiev. Ukrainian President Zelensky said that Russia used 39 ballistic missiles and more than 120 drones and loitering munitions to attack energy and critical infrastructure in Kiev, Kiev Oblast and Kharkiv that day. Zelensky said that 26 facilities in Ukraine's power system and 4 facilities in the oil and gas system suffered obvious damage. At least 600,000 people are currently without power. In addition, the attacks also caused casualties. Zelensky said that the attack targeted energy facilities, and the President of the United States had previously determined a ceasefire in relevant energy facilities. Zelensky said the United States has enough tools to promote peace through strength and pressure on Russia. He also called on the United States to provide Ukraine with more Patriot air defense system interceptor missiles. (CCTV International News) 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) 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[Guangdong: By 2030, the province's bamboo forest area will stabilize at more than 8 million acres, and the total output value of the bamboo industry will reach 50 billion yuan] October 8th, recently, seven departments of the Guangdong Provincial Forestry Bureau, Guangdong Provincial Development and Reform Commission, Guangdong Provincial Department of Science and Technology, Guangdong Provincial Department of Industry and Information Technology, Guangdong Provincial Department of Finance, Guangdong Provincial Department of Natural Resources, and Guangdong Provincial Department of Agriculture and Rural Affairs jointly issued the "Five-year Action Plan to Accelerate the High-Quality Development of the Bamboo Industry in our Province (2 026-2030)", it is clear that by 2030, the province's bamboo forest area will stabilize at more than 8 million acres, and the total output value of the bamboo industry will reach 50 billion yuan. It will deploy 15 key tasks from four aspects: expanding bamboo resource cultivation, strengthening bamboo processing, improving bamboo services, and developing new bamboo business formats, accelerating the construction of Guangdong's modern bamboo industry system that integrates the three industries, advanced technology, orderly competition, green and low carbon, and assists "millions of projects" and comprehensive rural revitalization. B[The Fifth China-France Energy Dialogue was held in Beijing] On September 30, He Yang, Deputy Director of the National Energy Administration of China, and Cédric Briere, Director-General of the French Department of Energy and Climate, co-chaired the fifth China-France Energy Dialogue in Beijing on September 29. The two sides conducted in-depth exchanges on energy transformation, energy security, electrification and other policies, and fully exchanged views on practical cooperation in renewable energy, energy storage and hydrogen energy, civil nuclear energy and other fields. The two sides emphasized that China-France energy cooperation started from civilian nuclear energy and gradually expanded to oil and gas, renewable energy, energy technology innovation, green and low-carbon transformation and other fields, forming a cooperative pattern of complementary advantages, mutual benefit and win-win, and long-term stability. Both sides are willing to adhere to the high-level consensus, give full play to their respective advantages, deeply tap cooperation potential, innovate cooperation models, promote China-France energy cooperation to continue to deepen, improve and upgrade, inject new momentum into the sustained and healthy development of China-France comprehensive strategic partnership, and contribute Chinese and French wisdom and strength to promote global energy security and green development. More than 40 representatives in total participated in the dialogue, including Bai Yutang, the French ambassador to China, heads of relevant departments of the National Energy Administration of China, heads of the French Directorate General for Energy and Climate, heads of more than ten Chinese and French energy companies including CNNC, China Huaneng, Dongfang Electric, CGN, and EDF, Total, Air Liquide, and Orano.
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