China June RatingDog composite PMI 53.6, down from 54.0 previously.

Mann, a member of the Bank of England's Monetary Policy Committee, said the headline unemployment rate may overstate the extent of labour market weakness.

On July 1 in Beijing, National Energy Administration deputy director He Yang met with EDF executive director Yu Yunsa. He said China’s 15th Five-Year Plan will prioritise rapid development of clean energy, expand investment in renewables and maintain an open, market-oriented, rule-of-law and international business environment, welcoming foreign firms including EDF to deepen cooperation across energy sectors. Yu said EDF views China as a core market and is prepared to partner with Chinese firms on nuclear, electrification, emerging technologies and third‑party market projects.