On June 11th, key developments included Wang Yi meeting with Sergei Lavrov, advancements in domestic energy and tire industries, and international updates on sugar supply forecasts and EU humanitarian aid to Afghanistan.

China Enterprise Cloud Business Technology Co., Ltd., TDD, Guolian Corporation

Commerce Bureau, Xinjiang 12th Division, Xinjiang Sino-Swiss Trade and Logistics Group, CNAUTO Platform, Guolian Corporation

Duoduo Platform, 618, Shopping Festival

On June 7th, significant developments include CNOOC's major exploration breakthrough, Chongqing's encouragement of foreign investment, and the ECB's first interest rate cut in five years. Additionally, Saudi Aramco's $12 billion share offering attracted strong overseas demand.

On June 6th, key updates include the Bank of Canada's first interest rate cut in four years, lower-than-expected U.S. private sector job growth, and Spain's highest crude oil imports in six years. Domestically, Beijing plans a National Data Security Industrial Park, Hangyang Group collaborates with Sinopec, and the Central Bank pushes for high-quality financial statistics.

On June 4th, key developments included significant trade-in subsidies for new energy vehicles in China, increased Shenzhen market activity, U.S. manufacturing growth, and a surge in European natural gas prices due to Norway's supply interruption.

On June 3rd, key developments include the suspension of tariff concessions for Taiwanese imports, Tianqi Lithium's major contract, and the first heavy-haul railway hydrogen refueling station in China. Internationally, OPEC+ plans to phase out production cuts, and the Eurozone's CPI exceeded expectations. These updates highlight significant economic and political shifts impacting global markets.

Guolian, Gansu, Investigation and Research

Ink, Development Conference, Guangzhou, Guolian Corporation, TDD

On May 31st, key updates include Liu Guozhong's emphasis on poverty alleviation and water resource management in Xinjiang, the acceleration of the real estate financing coordination mechanism, the successful launch of a Pakistani satellite, and the weakening of the US dollar following economic data releases. Additionally, the Bank of England may begin cutting interest rates despite wage growth and inflation.

On May 30th, the State Council outlined plans for revising the Energy Conservation Law, removing new energy vehicle purchase restrictions, and setting strict petrochemical industry policies. Internationally, German inflation poses challenges for the ECB, while ConocoPhillips acquires Marathon Oil for $22.5 billion.

On May 28th, domestic news highlighted Shanghai's innovative real estate policies and the rejection of Taiwan-related proposals at the World Health Assembly. Internationally, above-average monsoon rainfall is expected in India, boosting agricultural production, while European stocks remained stable amid focus on the ECB's June interest rate cut. OPEC forecasts strong global oil demand growth for the next two years.

On May 27th, key updates include Premier Li Qiang's meeting with Fumio Kishida, a significant drop in China's auto imports, and the Fed's decision to maintain interest rates. Additionally, China's longest cross-city subway debuted in Guangdong, and South Korea's online shopping trend towards China surged. (Source: CCTV News, CNR)

On May 24, global business conditions improved, providing central banks leeway to delay interest rate cuts. Domestically, China's foreign non-financial direct investment surged 18.7% YoY, and memory chip prices rose 50%. The UK announced plans to expand its carbon emissions trading scheme, while oil prices fell due to Fed's hawkish stance.