Ctrip monopoly fine, carbon-peak plan · Jul 25

China fines travel giant Ctrip for monopoly.

Today's events

Ctrip monopoly fine.
China's market regulator fined online-travel leader Ctrip 5.18 billion yuan for abusing its dominance — forcing hotels into exclusive deals and lowest-price terms.¹Jul 25 · SAMR
Five-year carbon plan.
The State Council issued its 15th Five-Year carbon-peak plan, targeting a 17% cut in carbon intensity and 25% non-fossil energy by 2030.²Jul 24 · State Council
Xi on sci-tech power.
Addressing the national science awards, Xi Jinping set high-level technological self-reliance as the 15th Five-Year priority — the core of the new-productive-forces doctrine.³Jul 24 · State Council
State-firm expulsions.
The Party's anti-graft body expelled the former general manager of the state nuclear group and a former deputy chief of China Resources from the Party.⁴Jul 25 · CCDI
Monetary policy held.
The central bank's policy committee vowed to keep monetary policy “moderately loose” and step up counter-cyclical support as domestic demand stays weak.⁵Jul 23 · PBOC
Private-firm outreach.
The central planning agency's chief hosted private companies — including a humanoid-robot maker — on the economy, pledging that vital firms drive growth.⁶Jul 20 · NDRC
Electricity market push.
The energy administration said market-based trading now tops 60% of power use as China builds a unified national electricity market.⁷Jul 24 · NEA
Data-rules easing.
The internet regulator and police ministry issued rules easing data-protection duties for small data handlers, effective September 1.⁸Jul 24 · CAC
Slovakia visit set.
Beijing announced Slovak President Pellegrini's first state visit, with Xi Jinping to hold talks — deepening ties with a central European partner amid EU friction.⁹Jul 24 · MFA

Voices

“Scientific and technological strength and innovation capacity are increasingly a nation's core competitiveness.”
Xi Jinping, on building a science-and-technology power · Jul 24³

“By 2030, carbon-dioxide emissions per unit of output will fall 17% from 2025, and non-fossil fuels will supply a quarter of energy consumed.”
State Council, 15th Five-Year Carbon-Peak Action Plan · Jul 24²

“We oppose unilateral tariff measures of every kind. Tariff wars and trade wars serve no side's interests.”
MFA Spokesperson Lin Jian · Jul 24⁹

“We will continue a moderately loose monetary policy and intensify counter-cyclical adjustment to promote steady growth and a reasonable rebound in prices.”
People's Bank of China Monetary Policy Committee · Jul 23⁵

“Firms' read on the economy gives us valuable reference; when enterprises have vitality, the economy has its momentum.”
NDRC Director Zheng Shanjie, private-enterprise symposium · Jul 20⁶

“‘Planned power’ is steadily giving way to ‘market power,’ and the electricity ‘bloodstream’ now flows more freely.”
National Energy Administration · Jul 24⁷

Sources

State Administration for Market Regulation, “Administrative penalty imposed on Ctrip Group for monopolistic conduct, with full rectification ordered,” Jul 25, 2026. samr.gov.cn/xw/zj/…/ctrip-monopoly-penalty
State Council, “Notice issuing the ‘15th Five-Year’ Carbon-Peak Action Plan,” Jul 24, 2026. gov.cn/yaowen/…/15th-five-year-carbon-peak-plan
State Council / Xinhua, “Seizing historic opportunity: Xi Jinping's important speech at the national science and technology awards conference,” Jul 24, 2026. gov.cn/yaowen/…/xi-sci-tech-power-speech
Central Commission for Discipline Inspection, “Former CNNC Party deputy secretary and general manager Gu Jun expelled from the Party,” Jul 25, 2026. ccdi.gov.cn/yaowenn/…/gu-jun-expelled
People's Bank of China, “Monetary Policy Committee Q2 2026 regular meeting,” Jul 23, 2026. pbc.gov.cn/zhengcehuobisi/…/q2-2026-mpc-meeting
National Development and Reform Commission, “Director Zheng Shanjie hosts private-enterprise symposium on the economic situation,” Jul 20, 2026. ndrc.gov.cn/xwdt/xwfb/…/private-enterprise-symposium
National Energy Administration, “Construction of the unified national electricity market presses the accelerator,” Jul 24, 2026. nea.gov.cn/…/unified-national-electricity-market
Cyberspace Administration of China & Ministry of Public Security, “Provisions on Simplified Personal-Information Protection Measures for Small Processors” (Order No. 25), effective Sep 1, published Jul 24, 2026. cac.gov.cn/2026-07/24/…/small-processor-simplified-measures
Ministry of Foreign Affairs, “Foreign Ministry Spokesperson Lin Jian's Regular Press Conference,” Jul 24, 2026. mfa.gov.cn/wjdt/fyrbt/…/lin-jian-jul-24