Business Brief (July 13): China to Cultivate Emerging Pillar Industries

Published: Jul. 13, 2026 5:56 p.m. GMT+8

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State Council to Cultivate Emerging Pillar Industries

Chinese Premier Li Qiang chaired a State Council executive meeting to study work related to the cultivation of emerging pillar industries. The meeting emphasized advancing the development of a Digital China and accelerating the development of new-generation communications and computing networks.

China to Phase Down Small Coal-Fired Power Units

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State Council meeting, chaired by Premier Li Qiang, focuses on cultivating emerging pillar industries and advancing Digital China with new communications and computing networks.
National Energy Administration plan phases down coal-fired units ≤300,000 kW and upgrades 600,000 kW units for energy conservation and carbon reduction.
Shein completes Chinese regulatory filing for Hong Kong listing, planning up to 342 million ordinary shares; U.S. commerce secretary urges SK Hynix and Samsung to expand chip production in the U.S.

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