Domestic News:
1. Premier Li Qiang conducted research in Dalian, Liaoning Province on June 22, emphasizing the need to vigorously develop high-end equipment manufacturing and accelerate the construction of a modern industrial system.
2. Ministry of Commerce: From January to May 2026, 25,297 new foreign-invested enterprises were established nationwide, a year-on-year increase of 5.3%; actual use of foreign capital amounted to RMB 327.29 billion, a year-on-year decrease of 8.6%. Actual use of foreign capital in May increased by 5.9% year-on-year.
3. Ministry of Finance: From January to May, national general public budget revenue reached RMB 10,046.5 billion, a year-on-year increase of 4%; securities transaction stamp tax reached RMB 126.2 billion, a year-on-year increase of 88.8%.
4. Relevant departments of the Ministry of Agriculture and Rural Affairs and the National Development and Reform Commission recently organized a symposium with representatives from major pig-producing provinces and large-scale pig farming enterprises to analyze and assess the current pig production situation, guide local governments and enterprises to carry out normalized and precise regulation, and promote the rapid return of pig prices to a reasonable level. 5. Recently, the Ministry of Finance, together with the Ministry of Agriculture and Rural Affairs, allocated 219 million yuan in agricultural production disaster prevention and relief funds to support agricultural production disaster relief work in seven provinces, including Inner Mongolia, Hubei, Hunan, Guangdong, Chongqing, Guizhou, and Yunnan.
6. Wang Yi met with Nezamipour, Deputy Secretary of Iran's Supreme National Security Council.
7. The Ministry of Culture and Tourism reported that during the 2026 Dragon Boat Festival holiday, domestic tourism reached 124 million trips, a year-on-year increase of 4.4%; total domestic tourism spending reached 44.456 billion yuan, a year-on-year increase of 4%.
International News:
1. The USD/JPY pair approached its 2024 high of 191.94 again before continuing to decline. It is reported that the US and Japanese finance ministers held an emergency online meeting.
2. British Prime Minister Starmer announced his resignation, and Burnham will run for the premiership.
3. SpaceX fell for the third consecutive trading day; the company will launch its first investment-grade bond issuance.
4. Qatar: The explosion at the Ras Lafan gas plant was an accident, not an attack or sabotage. It will not affect LNG exports.
5. Former Federal Reserve Chairman Alan Greenspan passed away at the age of 100.
6. Middle East Situation—① Iranian Foreign Ministry: Technical talks between Iran and the US have begun in Switzerland.
② Vance: A de-escalation mechanism for the Lebanese conflict has been established, and Iran has agreed to invite IAEA inspectors for a return visit.
③ The US Treasury Department issued a 60-day temporary general license authorizing Iran to sell oil.
④ Iranian Foreign Ministry Spokesperson: Interactions between Tehran and the IAEA will require approval from the Iranian parliament and a decision from the Supreme National Security Council.
