[Policy Update] Five Ministries Jointly Issue "Action Plan for Cultivating Excellence in Textile and Apparel Brands (2026-2028)"

📰 News Highlight

On May 11, 2026, the Ministry of Industry and Information Technology (MIIT), along with four other ministries, jointly released the "Action Plan for Cultivating Excellence in Textile and Apparel Brands (2026-2028)" (the "Action Plan").

⚙️ Core Components

1.       Digitalized Circular Economy and Recycling: The Action Plan introduces the "Industrial Internet + Renewable Resource Utilization" model.

2.       Standardized Management and Energy Diagnostics: The framework mandates stricter regulatory management over high-impact sectors, including printing and dyeing, viscose fibers, and recycled chemical fibers (polyester).

💡 Key Takeaways

1.       Green Integrity as a Premium Brand Asset: The policy shifts the definition of a "premium brand" from mere aesthetics and scale to environmental accountability.

2.       Unlocking Value in Commercial Textile Waste: By explicitly targeting hotel linens and scaling up the "Industrial Internet + Recycling" model, the government is addressing a historically fragmented supply chain.

3.       Data-Driven Decarbonization for Raw Materials: The deployment of energy-saving diagnostics in energy-intensive sectors like dyeing and viscose production means that raw material suppliers will face stricter efficiency audits.

[Market Update] National Energy Administration Releases "Report on the Development of China's Green Electricity Certificates (2025)"

📰 News Highlight

On May 15, 2026, the National Energy Administration (NEA) officially released the "Report on the Development of China's Green Electricity Certificates (2025)" (the "Report"). The document highlights a historic breakthrough in China's Green Electricity Certificate (GEC) market for 2025.

💡 Key Takeaways

1.       Global Recognition and Export Competitiveness: The full endorsement of China's GECs by RE100 marks a monumental shift for multinational corporations operating in China.

2.       Manufacturing Drives Voluntary Green Consumption: The market expanded to 111,100 participating consumer entities, with the manufacturing sector accounting for 55.42% of all GEC purchases.

[Carbon Market]

During May 18 – May 22, the total transaction volume of Carbon Emission Allowances (CEA) in Chinese National Carbon Market reached 2,967,262 tons, with a total transaction value of USD 35,348,558.55. The highest price was USD 12.34/ton, and the lowest price was USD 11.58/ton. For bulk agreement transactions, the volume was 2,098,800 tons, with a transaction value of USD 24,935,668.23.