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China’s central bank cut targeted lending rates, expanded financing quotas and pledged flexible liquidity support as policymakers move to stabilise growth. The People’s Bank of China announced a broad package of monetary support measures, including rate reductions, expanded lending facilities and fresh liquidity tools, as authorities intensify efforts to support economic growth and structural transformation. Deputy Governor Zou Lan said at a State Council Information Office b

The utility giant plans record spending on renewable integration, ultra-high-voltage transmission and EV charging infrastructure as Beijing accelerates its long-term energy transition. State Grid Corporation of China said it plans to invest about RMB 4 trillion during the country’s upcoming 15th Five-Year Plan period, marking a roughly 40% increase from the previous planning cycle and the largest capital program in its history. The investment will focus on building a modernis