The news is legit, but "atimes staff" was a known low quality source of info. Some atimes columnists produce good analysis, but the editor name "atimes staff" almost never had good accurate reports. This time the original Chinese text report contains very short relevant info. ATimes translated a blog that contains a lot of speculative stuff.
The original text was posted by newspaper STDaily, published on July 30th, 2018. Direct from its website:
Some sort of weapon system is being worked on. The name they used is:"EM Catapult for Field Rocket Weapon System". The text suggests the idea came from the EMALS on carrier. So, a reasonable guess would be some variation of it. Based on the lead researcher's expertise, this is not going to be a ship-borne system. They describe it as a more effective MLRS, possibly with faster initial speed. All the details are still unknown.