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April 27th - The State Council Information Office will hold a regular policy briefing at 3:00 PM on Tuesday, April 28th, 2026. Shen Zhulin, Vice Chairman of the National Development and Reform Commission; Zhang Li, Assistant Minister of Commerce; Gao Zheng, Vice Minister of Culture and Tourism; Deng Zhiyong, Vice Minister of the State Administration for Market Regulation and Director of the State Standardization Administration; and relevant officials from the Ministry of Industry and Information Technology will introduce the "Opinions on Promoting the Expansion and Quality Improvement of the Service Industry" and answer questions from reporters.April 27th - According to data from the Ministry of Commerce, my countrys wholesale and retail trade added value increased by 4.1% year-on-year in the first quarter, indicating a good start for the sector. In the first quarter, the added value of my countrys wholesale and retail trade reached 3.5 trillion yuan, a year-on-year increase of 4.1%, accounting for 10.5% of GDP. Market operations started smoothly, with most sectors maintaining growth. Looking at the wholesale sector, in the first quarter, the transaction volume of key commodity markets monitored by the Ministry of Commerce increased by 8.6% year-on-year, with the transaction volume of production materials and industrial consumer goods markets increasing by 16.1% and 10.7% year-on-year, respectively. Looking at the retail sector, in the first quarter, retail sales of goods reached 11.3 trillion yuan, a year-on-year increase of 2.2%.On April 27th, the National Energy Administration released data on national electric vehicle charging infrastructure for March 2026. According to data from the National Charging Infrastructure Monitoring and Service Platform, as of the end of March 2026, the total number of electric vehicle charging infrastructure (guns) in my country reached 21.481 million, a year-on-year increase of 46.9%. Among them, there were 4.863 million public charging facilities (guns), a year-on-year increase of 28.1%, with a total rated power of 234 million kilowatts and an average power of approximately 48.06 kilowatts; and 16.618 million private charging facilities (guns), a year-on-year increase of 53.5%, with a registered power capacity of 147 million kilovolt-amperes.Hong Kong stocks two major model stocks weakened amid volatility, with MINIMAX-W (00100.HK) falling more than 12% and Zhipu (02513.HK) falling more than 3%.Hesai-W (02525.HK) rose more than 10% during trading after the company announced that its 6D full-color lidar has been used in mass-produced commercial vehicles for the first time.

U.S. EPA Shortly to Announce Judgment on Small Refinery Biofuel Waivers

Charlie Brooks

Apr 07, 2022 09:40

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The EPA has accumulated a backlog of more than 60 requests for so-called Small Refinery Exemptions, which are sought by refineries that argue the cost of blending biofuels such as ethanol into their fuel could drive them out of business, following a 2020 court decision that narrowed the criteria for qualifying for the relief.


The EPA proposed in December to reject 65 outstanding SRE applications. According to the EPA's website, the agency currently has 69 outstanding SRE petitions.


According to the sources, the EPA is on the verge of announcing a decision on some or all of the outstanding SREs as soon as Thursday. It was unknown if the agency's conclusion would be consistent with the December suggestion.


The agency did not respond to a request for comment.


The EPA under former President Donald Trump significantly boosted such exemptions to refiners, infuriating biofuel producers who said the administration was misusing the program to benefit its oil business cronies at the cost of farmers. The EPA under Trump's administration refuted the assertion.


Oil refineries must either mix billions of gallons of corn-based ethanol and other fuels into the fuel pool or acquire credits from those that do. The initiative aims to assist farmers while also reducing fuel imports.