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On September 19th, it was learned from the China Enterprise Reform and Development Research Association that the "2026 China Environmental and Social Governance Development Observation Report" has been officially released. The report shows that the first batch of mandatory disclosure entities have achieved full compliance with timely disclosure requirements, and the quantity and quality of disclosures by A-share listed companies have steadily improved. Data shows that as of April 30, 2026, all 430 mandatory disclosure entities in the first batch completed their 2025 environmental and social governance reports on time, achieving a 100% compliance rate. More than 2,700 A-share listed companies released their 2024 environmental and social governance reports, with a disclosure rate of 49.81%, nearly double that of five years ago. Meanwhile, over 80% of companies disclosed their sustainable development governance frameworks, and the disclosure rates for topics such as pollutant emissions and the circular economy both exceeded 90%. The greenhouse gas emission disclosure rate has risen for three consecutive years to 76.93%. The national carbon market has completed its first expansion, with steel, cement, and aluminum smelting included, covering approximately 60% of the countrys carbon dioxide emissions, and is expected to move towards 80% by the end of the 15th Five-Year Plan period.According to Interfax news agency, Russian troops attacked Ukrainian cargo ships and oil tankers in the Black Sea and at a Ukrainian port.The European-Mediterranean Seismological Centre reports a 5.5-magnitude earthquake in the Peru-Ecuador border region.Polish military: Military air operations have commenced in Polish airspace in response to Russian strikes in Ukraine. Ground-based air defense and radar reconnaissance systems are on high alert.On September 19th, the General Administration of Customs released import and export data for January-August 2026. Chinas merchandise exports showed relatively strong overall growth in 2026, reaching $2.9255 trillion, a year-on-year increase of 19%. August saw a record high of $401.4 billion, demonstrating strong export growth. Automobile exports reached $129.1 billion in January-August 2026, a 53% increase, with August exports reaching $18.3 billion, a 43% increase, indicating strong vitality in the Chinese automotive market. Auto parts exports reached $69.8 billion in January-August 2026, an 8% increase, with August exports reaching $9.1 billion, a 7% increase, highlighting significant export pressure for Chinese auto parts. Motorcycle exports reached $15.5 billion in January-August 2026, a 26% increase, with August exports reaching $2.1 billion, a 28% year-on-year increase. Exports of gasoline-powered motorcycles slowed due to high oil prices, while electric motorcycles surged. The country needs to follow the development of domestic vehicle manufacturers and change its reliance on European and American after-sales systems.

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