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MOFCOM service trade department said China’s services imports and exports totaled 3.10 tln yuan in Jan-May 2026, up 6% YoY. Exports were 1.23 tln yuan (+15.9%), imports 1.87 tln yuan (+0.4%); the services trade deficit narrowed to 638.6 bln yuan, a Y

2026-07-01

MOFCOM service trade department said China’s services imports and exports totaled 3.10 tln yuan in Jan-May 2026, up 6% YoY. Exports were 1.23 tln yuan (+15.9%), imports 1.87 tln yuan (+0.4%); the services trade deficit narrowed to 638.6 bln yuan, a YoY reduction of 160.7 bln yuan.

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2026-07-01

China's Ministry of Housing and Urban-Rural Development urged localities at a Changsha meeting to expand government procurement support for green building materials, accelerate R&D of thermal insulation, high-performance concrete and other new materi

China's Ministry of Housing and Urban-Rural Development urged localities at a Changsha meeting to expand government procurement support for green building materials, accelerate R&D of thermal insulation, high-performance concrete and other new materials, and improve materials' thermal, waterproofing and environmental performance. The ministry called for systematic planning of the green building industry to drive a high-quality green transition in urban and rural construction.
2026-07-01

1. U.S. EIA Strategic Petroleum Reserves for the week ending June 26 were at their lowest level since the week ending May 20, 1983. 2. U.S. Commercial crude oil inventories, excluding strategic reserves, for the week ending June 26 were at their low

1. U.S. EIA Strategic Petroleum Reserves for the week ending June 26 were at their lowest level since the week ending May 20, 1983. 2. U.S. Commercial crude oil inventories, excluding strategic reserves, for the week ending June 26 were at their lowest level since the week ending September 28, 2018. 3. U.S. domestic crude oil production for the week ending June 26 saw its largest decline since the week ending May 1, 2026. 4. U.S. crude oil exports for the week ending June 26 were at their lowest level since the week ending March 27, 2026.
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