Xi travels to India for BRICS summit.
Today's events
Xi in New Delhi.
Beijing confirmed the trip for the 18th BRICS summit, September 12–13, and said a Xi–Modi bilateral is being arranged, their third straight year.1Sep 11 · MFASolar tops coal.
Solar generating capacity reached 1.286 billion kilowatts by end-July, edging past coal for the first time to become China's largest power source.2Sep 11 · Energy Admin.Finance five-year plan.
Beijing issued the 2026–2030 plan for building a “financial power”; the central bank added its own reform plan and nine action plans.3Sep 10 · Central BankHidden debt cases.
Party anti-corruption body and the finance ministry named six local hidden-debt cases; Guizhou's former Bijie Party secretary was expelled for letting the city's debt grow.4Sep 11 · Finance Min.Shipyard fire.
Xi ordered a nationwide fire-hazard sweep in a September 10 instruction carried by Qiushi, after a fatal cargo-ship fire at a Qingdao shipyard.5Sep 10 · QiushiFactory-gate prices.
August producer prices rose 3.8% from a year earlier, driven by mining up 17.8% and coal-mining prices up 26.6%.6Sep 9 · Stats BureauCompute-power network.
State Council executive meeting ordered a national computing network built for artificial intelligence, pairing data centers directly with green-power supply.7Sep 11 · State CouncilSixty-day payment rule.
State Council told large firms to pay small suppliers in cash within 60 days and capped supply-chain payment vouchers at six months.8Sep 10 · State CouncilEspionage declaration.
Commerce ministry voiced grave concern and firm opposition after a deputy CIA director called Chinese AI, chip and biotech firms legitimate spying targets.9Sep 11 · Commerce Min.
Voices
“All regions and departments must draw deep lessons, investigate and rectify fire hazards, implement preventive measures in detail, and resolutely curb major and serious accidents.”
Xi Jinping, General Secretary of the Communist Party · Sep 105
“China will work with India to grasp relations from a strategic height and a long-term perspective, to be friendly neighbors and partners who help each other succeed.”
Mao Ning, Foreign Ministry Spokesperson · Sep 111
“In a country rich in coal but poor in oil and gas, this is the first break in a century of coal being the largest power source.”
Official, National Energy Administration · Sep 112
“Monetary stability and financial stability are always the central bank's core objectives; they require a two-pillar framework of monetary policy and macro-prudential management.”
Lu Lei, Deputy Governor, People's Bank of China · Sep 103
“The debts were all run up by my predecessors — why should I be the one to repay them?”
Wu Shenghua, former Bijie Party Secretary, quoted in the accountability notice · Sep 114
“By openly declaring Chinese companies legitimate espionage targets, the United States has torn the fig leaf off its intelligence agencies and laid bare hegemonic robber logic.”
Spokesperson, Ministry of Commerce · Sep 119
Sources
- PRC Ministry of Foreign Affairs, “Foreign Ministry Spokesperson Mao Ning's Regular Press Conference” (习近平主席将出席金砖国家领导人第十八次会晤), September 11, 2026. mfa.gov.cn/wjdt/fyrbt/…/t20260911_12020879
- National Energy Administration, “Solar Reaches the Summit: A New Structure for the Power Industry” (光伏“登顶”，电力工业迎来新格局), September 11, 2026. nea.gov.cn/20260911/…/solar-overtakes-coal
- People's Bank of China, “State Council Information Office Press Conference on Implementing the 15th Five-Year Plan in the Financial Sector”, September 10, 2026. pbc.gov.cn/goutongjiaoliu/…/financial-15fyp
- CCDI General Office & Ministry of Finance, “Public Notification of Six Typical Cases of Accountability for Local Government Hidden Debt”, September 11, 2026. jdjc.mof.gov.cn/jianchagonggao/…/t20260911_3997260
- Qiushi (Party Theoretical Journal), “Xi Jinping Issues Important Instruction on the Cargo Ship Fire at Beihai Shipyard, Qingdao, Shandong”, September 10, 2026. qstheory.cn/20260910/…/xi-instruction-qingdao-fire
- National Bureau of Statistics, “Producer Prices Rose 3.8% Year-on-Year in August 2026, Up 0.4% Month-on-Month”, September 9, 2026. stats.gov.cn/sj/zxfb/…/t20260909_1965262
- State Council, “Li Qiang Chairs State Council Executive Meeting, Further Deploying Work Safety Measures” (研究算力网建设有关工作), September 11, 2026. gov.cn/yaowen/liebiao/…/content_7080787
- State Council General Office, “Notice on Strengthening Governance of Payment Arrears Owed to Small and Medium Enterprises” (国办发〔2026〕24号), September 10, 2026. gov.cn/zhengce/content/…/content_7080627
- Ministry of Commerce, “Commerce Ministry Spokesperson Answers Questions on a Senior CIA Official's Public Statement on Espionage Against China”, September 11, 2026. mofcom.gov.cn/xwfb/xwfyrth/…/cia-espionage-remarks