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Real-time News
On September 18th, it was learned that the State Administration for Market Regulation (SAMR) has launched a nationwide special campaign to safeguard the bottom line of mandatory product certification. The campaign employs a "random inspection and public disclosure" approach to inspect certification bodies, covering all 34 designated CCC certification bodies, 90 designated CCC laboratories, and 300 voluntary certification bodies. Currently, designated certification bodies have suspended 108,500 CCC certification certificates, affecting 18,500 manufacturers, and revoked 44,900 CCC certification certificates, affecting 13,000 manufacturers. Among these, over 4,200 CCC certification certificates for power banks and lithium batteries that failed to continuously meet certification requirements have been revoked or cancelled, effectively ensuring product quality and safety. Simultaneously, a special campaign to regulate certification rules for body registration is ongoing. This year, 50,200 rules have been reviewed, with 30,300 denied registration, 17,700 returned for rectification, and 2,186 approved. High-standard certification rules ensure high-quality certification activities.September 18th - According to data from the National Railway Administration, from January to August 2026, the national railway passenger and freight volumes continued to grow, with safe and orderly transportation providing strong support for passengers safe travel and stable economic operation. In terms of passenger transport, from January to August, the national railway system completed a total of 3.321 billion passenger trips, a year-on-year increase of 3.9%; and completed 1,181.184 billion passenger-kilometers, a year-on-year increase of 1.2%. During the summer travel season from July 1st to August 31st, the national railway system transported a total of 954 million passengers, a year-on-year increase of 1.2%.On September 18th, the Ministry of Finance released its fiscal revenue and expenditure figures for January-August 2026. From January to August, national government fund budget expenditure totaled 5,194.8 billion yuan, a year-on-year decrease of 17%. Breaking it down by central and local governments, central government fund budget expenditure was 317.5 billion yuan, a year-on-year decrease of 58.3%; local government fund budget expenditure was 4,877.3 billion yuan, a year-on-year decrease of 11.3%, of which expenditure related to revenue from the transfer of state-owned land use rights was 2,178.6 billion yuan, a year-on-year decrease of 18.5%.The onshore yuan closed at 6.6973 against the US dollar at 16:30 on September 18, up 112 points from the previous trading day.On September 18th, the Ministry of Finance released its fiscal revenue and expenditure figures for January-August 2026. From January to August, national government fund budget revenue totaled 2,141.9 billion yuan, a year-on-year decrease of 19%. Breaking it down by central and local governments, central government fund budget revenue was 329.2 billion yuan, a year-on-year increase of 12.2%; local government fund budget revenue was 1,812.7 billion yuan, a year-on-year decrease of 22.9%, of which revenue from the transfer of state-owned land use rights was 1,375.3 billion yuan, a year-on-year decrease of 28.6%.
