Solar overtakes coal in China's power capacity.
Today's events
Solar passes coal.
Solar reached 1.286 billion kilowatts of installed capacity by end-July, edging past coal's 1.285 billion to become the largest source in China's power fleet.1Sep 4 · Energy Admin.Evergrande verdict.
The supreme court published the Shenzhen ruling: chairman Xu Jiayin jailed for life, Evergrande Group fined 8.82 billion yuan for fundraising fraud and false disclosure.2Sep 3 · Supreme CourtDrone export curbs.
The commerce ministry tightened drone export controls on the United States and opened China's first foreign-trade security investigation, into imported printers running foreign software.3Sep 3 · Commerce MinistryPerformance-outlook campaign.
Qiushi carried Xi's new directive turning this year's campaign on officials' “performance outlook” into a permanent mechanism, ahead of provincial leadership changes.4Sep 4 · QiushiGrid buildout.
The energy administration ordered faster approval of transmission corridors, projecting about five percent annual growth in power demand through the next five-year plan.5Sep 4 · Energy Admin.Market barriers.
The market regulator published seven cases where local authorities blocked outside firms through registration requirements and exclusive deals, ordering the rules repealed.6Sep 4 · Market RegulatorDefense chiefs' meeting.
Eastern Theater commander General Yang Zhibin led a delegation to Victoria, Canada, for a defense chiefs' conference, holding talks with American, French and Singaporean representatives.7Sep 4 · Defense MinistryFinancial-sector assets.
Financial institutions held 562.2 trillion yuan of assets at the end of June, up 7.7 percent; securities firms grew fastest at 29.8 percent.8Sep 3 · Central BankVenezuela oil debts.
The foreign ministry said China's Venezuela agreements are protected by international law, after Washington's energy secretary questioned Caracas repaying Chinese loans from oil revenue.9Sep 3 · Foreign Ministry
Voices
“Education on performance outlook must be carried out regularly, problems checked and corrected as routine, the appraisal baton used well, and conduct managed and supervised.”
Xi Jinping, General Secretary · Sep 44
“This achievement lays a solid power foundation for reaching the dual-carbon goals. Power is a key emissions sector, and solar's continued growth keeps cutting its carbon intensity.”
Hao Yingjie, Secretary-General, China Electricity Council · Sep 41
“The crimes of Evergrande Group, Evergrande Real Estate and Xu Jiayin gravely damaged the socialist market economic order; the sums are especially large and warrant severe punishment under law.”
Shenzhen Intermediate People's Court, judgment · Aug 202
“China's countermeasures are on the whole restrained. We value the hard-won stability of China-US economic ties. If Washington insists on new restrictions, China will counter further.”
Commerce Ministry spokesperson · Sep 33
“China's cooperation with Venezuela is protected by international law and the laws of both countries. It has nothing to do with third parties, still less should it suffer their interference.”
Guo Jiakun, Foreign Ministry spokesperson · Sep 39
“These practices violate the Anti-Monopoly Law's ban on administrative bodies abusing power to exclude or restrict competition, damaging fair market order and raising firms' institutional transaction costs.”
State Administration for Market Regulation · Sep 46
Sources
- National Energy Administration (国家能源局), “A new pattern in China's power supply: solar installed capacity overtakes coal for the first time,” September 4, 2026. nea.gov.cn/20260904/…/solar-overtakes-coal
- Supreme People's Court (最高人民法院), “First-instance judgment in the Evergrande Group, Evergrande Real Estate and Xu Jiayin case,” September 3, 2026. court.gov.cn/fabu/xiangqing/…/evergrande-judgment
- Ministry of Commerce (商务部), “Spokesperson answers questions on countermeasures against a series of negative China-related measures by the U.S. Federal Communications Commission and Department of Homeland Security,” September 3, 2026. mofcom.gov.cn/xwfb/…/countermeasures-fcc-dhs
- Qiushi (求是, Party Theoretical Journal), “Consolidating and extending the results of the education campaign: the General Secretary sets clear requirements,” September 4, 2026. qstheory.cn/20260904/…/performance-outlook-directive
- National Energy Administration (国家能源局), “Speed up approval and construction of transmission corridors and other major grid projects,” September 4, 2026. nea.gov.cn/20260904/…/transmission-corridors
- State Administration for Market Regulation (市场监管总局), “Market regulator moves against blockages to fair market access and independent business operation,” September 4, 2026. samr.gov.cn/xw/zj/…/fair-market-access-cases
- Ministry of National Defense (国防部), “China sends personnel to the 2026 Asia-Pacific Chiefs of Defense Conference,” September 4, 2026. mod.gov.cn/gfbw/xwfyr/…/asia-pacific-chiefs-of-defense
- People's Bank of China (中国人民银行), “Total assets of financial-sector institutions reached 562.2 trillion yuan at the end of Q2 2026,” September 3, 2026. pbc.gov.cn/goutongjiaoliu/…/q2-financial-assets
- Ministry of Foreign Affairs (外交部), “Foreign Ministry Spokesperson Guo Jiakun's Regular Press Conference,” September 3, 2026. mfa.gov.cn/wjdt/fyrbt/…/20260903-press-conference