Macro
The transaction volume of the national carbon market has exceeded 60 billion yuan
The national carbon emission trading market launched online trading on July 16, 2021. The latest transaction data shows that as of May 12, 2026, the cumulative transaction volume of CEA in China has exceeded 896 million tons, with a cumulative transaction volume exceeding 60 billion yuan.Editor/Gong Ziwei
Kowloon Slope deploys land sea new channel operation
On May 11, 2026, Jiulongpo District held a meeting to deploy nine special actions for the construction of the Western Land Sea New Corridor and the hub port industrial park, focusing on advanced materials, logistics supply chain and other fields to promote the integration of industry and city.Editor/Gao Xue
State Grid and Jiangxi Provincial Government held high-level talks
On May 12, 2026, Yin Hong, Secretary of the Jiangxi Provincial Party Committee, and Ye Jianchun, Governor of Jiangxi Province, held talks with Zhang Zhigang, Chairman of State Grid Corporation of China, in Nanchang. Zhang Zhigang thanks the Jiangxi Provincial Party Committee and Government for their long-term support and assistance to the work of State Grid Corporation of China. He hopes that the company will increase its investment during the 15th Five Year Plan period, promote the Mengxi power transmission project, and assist in energy transformation. State Grid Corporation of China responds by ensuring power supply, increasing investment, and serving the development and dual carbon goals of Jiangxi.Editor/Gong Ziwei
Gansu's 15th Five Year Plan Strong Basic Weaving Road Network
In May 2026, Gansu Province released the outline of the 15th Five Year Plan, which will vigorously implement the action of strengthening the foundation, promote the reinforcement of railway trunk lines, promote the connection of national highways, build the Lanzhou International Freight Train Assembly Center, and stabilize the operation of multiple international freight trains such as China Europe and Central Asia.Editor/Gao Xue
Banan deploys the construction of a new land sea corridor in the western region
On May 9, 2026, Banan District held a conference on the construction of the Western Land Sea New Corridor, with District Chief Zhong Tao in attendance. By 2025, the entire region has formed a transportation network of "3 directions, 12 lines, 25 ports, and 39 overseas distribution warehouses", with cross-border road buses exceeding 10000 for the first time. The meeting pointed out that there are still shortcomings such as low quality and efficiency of channels and the need to upgrade the integration of economic and trade industries. It emphasized the need to focus on the four major links of channels, crossings, nodes, and hubs, promote the transformation from quantitative growth to quality and efficiency improvement, and make every effort to promote the construction of channels to a new level.Editor/Cheng Liting
The cumulative operation of China Europe freight trains has exceeded 130000
On May 9, 2026, the China Europe freight train has operated over 130000 trains over the years, with a total value of over 520 billion US dollars. The train has reached 235 cities in 26 European countries and over 100 cities in 11 Asian countries. The schedule for the entire train runs steadily, and transportation prices have decreased by more than 40% compared to the initial stage of operation.Editor/Gao Xue
China Railway Construction Bridge Bureau holds annual overseas work meeting
Leaders such as Zhou Guannan, Li Gengxu, and Li Guoqiang delivered speeches, presided over meetings, and gave reports respectively. Policy promotion and experience exchange were also carried out at the meetings, which were held in the form of on-site and video conferencing, with relevant personnel attending.Editor/Gong Ziwei
China attends the International Transport Forum Summit
On May 6, 2026, Li Yang, Deputy Minister of Transport, attended the ITF Summit in Germany and proposed to jointly build diverse and resilient international logistics channels such as the Trans Caspian International Transport Corridor.Editor/Gao Xue
Over 5 million tons of goods passed through Mandula Port
On May 6, 2026, the annual cumulative import and export freight volume of Mandula Port in Inner Mongolia exceeded 5 million tons, a year-on-year increase of 121%, and the daily customs clearance capacity increased to 80000 tons, exceeding the target 55 days ahead of schedule.Editor/Gao Xue
China's export of robots achieved a good start in the first quarter
In the first quarter of 2026, the overseas expansion of China's robotics industry accelerated, with a total export value of 11.32 billion yuan for various listed robots, sold to 148 countries and regions worldwide. The export value of newly added tax number category cleaning robots was 7.75 billion yuan, accounting for 68.5% of the total export value of robots and firmly ranking as the main export force. Industrial robots exported 3.16 billion yuan in the first quarter, a year-on-year increase of 42%. The Chinese robotics industry is transforming from a single product output to a comprehensive output of technology, solutions, and services, gradually becoming a new business card for China's foreign trade.Editor/Gong Ziwei
High level operation of cross-border passenger flow of China Laos railway
During the May Day holiday in 2026, the average daily number of inbound and outbound passengers of the China Laos Railway will exceed 1000, and the cumulative number of cross-border international passengers will exceed 810000. The capacity expansion service of Mohan Station will ensure customs clearance.Editor/Gao Xue
Daqing Oilfield's Sichuan Chongqing Exploration Area breaks through the barrier again
On April 27, 2026, the cumulative sales volume of natural gas in the Sichuan Chongqing exploration area of Daqing Oilfield has exceeded 5 billion cubic meters, reaching 5.03 billion cubic meters, and the daily gas production has remained stable at 5.7 million cubic meters, injecting strong momentum into the construction of the Chengdu Chongqing economic circle and national energy supply guarantee. Editor/Cheng Liting
The intelligentization of Shanxi coal mines will be basically achieved by 2027
Shanxi recently issued the "Implementation Plan for Accelerating Energy Green and Low Carbon Transformation and Development", aiming to promote the construction of the energy system and high-quality economic development. The plan proposes to focus on building intelligent green coal mines with a capacity of over 1.2 million tons per year, accelerate resource allocation and transfer, and exit inefficient production capacity. At the same time, it is required that production coal mines that meet the conditions by 2027 achieve basic intelligence, cultivate artificial intelligence application scenarios, continuously improve safety assurance levels, and fully guarantee the stable supply of national electricity coal. Editor/Cheng Liting
Hydrogen ammonia alcohol integration into a new pathway for hydrogen energy
On April 27, 2026, the National Energy Administration stated that green hydrogen ammonia alcohol integration is an important model for the large-scale development of hydrogen energy. As of the end of March, the national renewable energy hydrogen production capacity under construction exceeded 1 million tons per year. At the same time, China has built various green fuel production capacities of about 8 million tons per year of oil equivalent, and will gradually cultivate the green fuel market.Editor/Gao Xue
China's new energy products surged in the first quarter
China's exports of new energy products surged in the first quarter. Customs data shows that the export value of electric vehicles, lithium batteries, and photovoltaic modules increased by 77.5%, 50.4%, and 45.2% respectively, and the export value of solar cells surged by 78% in March. Geopolitics has driven up overseas demand, coupled with centralized customs clearance by enterprises, which has boosted short-term data. In the long run, the cancellation of tax refunds will curb low price competition and promote the industry to shift towards high-quality overseas development. China's industrial chain advantage is continuing to consolidate its core position in global clean energy. Editor/Cheng Liting
Quzhou Port opens dual liner service
Recently, Quzhou Port has opened CCA dual transport regular liners to Jiaxing Port and Ningbo Zhoushan Port, achieving two-way linkage of import and export of heavy containers. Two shifts per week, enterprises can complete customs clearance locally, reducing costs by nearly 35000 yuan per trip.Editor/Gao Xue
Khorgos Port Freight Record High
In April 2026, the import and export freight volume of Khorgos Port in the first quarter will be 10.329 million tons, an increase of 4.2% year on year, ranking first in Xinjiang, and the export of new energy vehicles will grow significantly.Editor/Gao Xue
Friendship Pass Port Increases Trade with ASEAN
On April 22, 2026, the import and export volume of Friendship Port to ASEAN in the first quarter was 160.48 billion yuan, a year-on-year increase of 22.7%. The import of durian reached 55000 tons, a sharp increase of 3.5 times, and the export of automobiles surged by 2.1 times.Editor/Gao Xue
Chinese enterprises make multiple breakthroughs in overseas infrastructure construction
In April 2026, China Railway Joint Venture won the bid for Ho Chi Minh City Subway Line 2, China Construction won the first bid for the UAE high-speed railway, CITIC won the Dubai landmark, and Chinese enterprises won multiple projects in Southeast Asia, the Middle East, and Africa.Editor/Gao Xue
The throughput of major ports in China increased by 4% in the first quarter
In the first quarter of 2026, the cargo throughput of major ports in China will increase by 4% to 4.39 billion tons, the container volume will increase by 8% to 89.64 million TEUs, and foreign trade will grow by 7.6% as the core engine. Shanghai, Ningbo Zhoushan, and Shenzhen lead the way, while Suzhou Port and its inland waterway have shown impressive growth rates. Qingdao and Tianjin Ports have achieved double-digit growth. The explosion of "new three types" and AI product exports has driven the recovery of routes in the Yangtze River Delta and Pearl River Delta. Tangshan mine and Yantai have seen a surge in miscellaneous goods. Looking ahead to the second quarter, geopolitics may put pressure on commodity trade. Editor/Cheng Liting
Cross border highway shuttle bus on the Land Sea New Corridor breaks record
On April 18, 2026, the total number of cross-border road shuttle buses shipped by the Western Land Sea New Corridor in 2025 was 12555, with a value of 17.417 billion yuan, an increase of 91% and 306% respectively year-on-year, both reaching a historical high.Editor/Gao Xue
Kazakhstan's Ministry of Energy Responds to Rumors of 'Friendship' Pipeline Blockade
According to the Ministry of Energy, Kazakhstan has not received any official notification from Russia regarding restrictions on the transit transportation of Kazakh crude oil through the "Atyrau Samara Friendship Pipeline" route. According to unofficial sources, due to the limited technical capabilities of the Russian side, the crude oil transportation work on this route may not be able to be carried out temporarily from May 1st this year. The Ministry of Energy stated that it is expected that the transit transportation of crude oil in Kazakhstan will resume after the relevant technical faults are resolved.Editor/Yang Meiling
Ili Prefecture's foreign trade increased by nearly 30% in the first quarter
In April 2026, the foreign trade volume of Yili Prefecture in the first quarter reached 31.08 billion yuan, a year-on-year increase of 27.7%. The trend of high-end export of electromechanical and new products is significant, and the import growth rate has more than doubled.Editor/Gao Xue
The total number of 5G base stations in China is nearly 5 million
As of the end of March 2026, there will be 4.958 million 5G base stations, 32.01 million 10G PON ports, and 5G-A coverage in 330 cities nationwide. China has achieved gigabit connectivity in every county, 5G connectivity in every township, and 100% broadband connectivity in administrative villages. The network has a deep coverage of 269000 key locations and over 650000 kilometers of highways and railways. 5G has been integrated into 91 major categories of the national economy and has been implemented in over 500 tertiary hospitals and nearly 3000 universities. Editor/Cheng Liting
The Land Sea New Corridor is moving towards the 2.0 era
In April 2026, the Western Land Sea New Corridor will achieve its basic completion goal, with a network covering 584 ports in 127 countries, and is promoting the integration and upgrading of rules and industries.Editor/Gao Xue
The Zhongke Aerospace Power Arrow 1 successfully launched an eight star rocket
On April 14, 2026, the Zhongke Aerospace Lijian-1 Y12 rocket successfully launched "One Rocket, Eight Stars" from the Dongfeng Commercial Aerospace Innovation Experimental Zone. This mission adopts the "special vehicle" launch mode, compressing the contract to launch cycle to 6 months, marking the official entry of China's commercial aerospace into the era of "flight based" mass production. Relying on a pulsating production line, the rocket assembly cycle has been reduced to 30 days, and the future annual production will reach 30 missiles. Editor/Cheng Liting
Accumulated water resource allocation of 20 billion yuan around the Beibu Gulf
The annual construction conference of the Guangdong Water Resources Allocation Project around the Beibu Gulf was recently held in Gaozhou, Guangdong. It is reported that the cumulative investment in the North Guangdong project has reached 20 billion yuan, accounting for nearly 30% of the total investment. Tens of thousands of construction workers are fighting along the line, and the construction of the project has been comprehensively accelerated.Editor/Cheng Liting
Accelerate major water conservancy projects with investment exceeding 200 billion yuan
The Ministry of Water Resources delivered impressive results in the first quarter: 15 major projects were newly started, with an investment of 207 billion yuan and a record high social capital investment. The spring irrigation water source is sufficient, and 170 million acres have been irrigated. Flood prevention and preparation have been fully launched. The construction of the national water network is accelerating, and the South to North Water Diversion Project has benefited 195 million people. During the 15th Five Year Plan period, we will focus on flood control and disaster reduction, as well as digital twin water networks, to promote the upgrading of water infrastructure towards green and intelligent development. Editor/Cheng Liting
CPI moderately rises in March 2026, PPI shifts from decline to rise
On April 10th, the National Bureau of Statistics released data showing that the CPI in March increased by 1.0% year-on-year, but the growth rate has declined. This is mainly due to the seasonal drop in food and service prices, as well as the decrease in pork, tourism, and other prices. PPI increased by 0.5% year-on-year, marking the first time it has turned upward after 41 months of continuous decline. Driven by the rise in international commodity prices and the improvement of domestic supply and demand, industries such as petroleum and non-ferrous metals saw significant price increases. Editor/Cheng Liting
The China Europe freight train in Changsha doubled its freight volume in the first quarter
In the first quarter of 2026, there will be 321 China Europe freight trains arriving and departing from Changsha, with a year-on-year increase of 103.8%; The freight volume was 218700 tons, an increase of 141.2%. The import and export value of Hunan enterprises is 361 million US dollars, accounting for over 50%. Customs implements appointment clearance to ensure efficient inspection and release.Editor/Gao Xue