Financial attentionMacroeconomics1. China Railway Group: In June, the national railway shipped 332 million tons of goods and completed a freight turnover of 266.5 billion ton kilometers, an increase of 6.1% and 5.3% respectively year-on-year, setting a new historical high for the same period. At present, China's railway freight volume exceeds the total freight volume of the United States and Russia, which are ranked second and third in the world.2. Ministry of Water Resources: July 16th to August 15th is a critical period for flood prevention in China, known as the "Seven Downs and Eight Ups" period. The flood prevention situation in our country is severe and complex, and the water conservancy system will fully activate the key period flood prevention work mechanism.3. Ministry of Civil Affairs: actively explore the "Internet plus supervision" model, explore the application of new technologies, and empower the supervision of elderly care services. Continuously s...
2024
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Financial attentionMacroeconomics1. People's Daily: During the Loong Boat Festival holiday in 2024, the national culture and tourism market is generally stable and orderly. The total number of domestic tourism trips in China reached 110 million, a year-on-year increase of 6.3%; The total cost of domestic tourists traveling was 40.35 billion yuan, a year-on-year increase of 8.1%.2. Where to go: The average price of international air tickets during the Dragon Boat Festival has decreased by about 20% year-on-year; The average price of hotels in popular foreign vacation cities is generally more than 30% cheaper than in July and August. As of June 10th, the number of international flights booked on the platform for this year's Dragon Boat Festival departure has increased by over 60% year-on-year, and the number of international hotel bookings for Dragon Boat Festival stays has increased by 50% year-on-year.3. China News Network: With the end of the college entrance examination, Chin...
2024
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![Weekly Financial Summary 2024-06-17]( "Weekly Financial Summary 2024-06-17")
Financial attentionMacroeconomics1. China News Agency: Starting two weeks before the start of the European Championship, the booking popularity of domestic esports hotels has increased by 310%. The booking popularity of domestic flights, hotels, and vacation products to Germany has also skyrocketed, with products with higher growth mainly coming from the host cities of the European Championship.2. China Railway Group: In May, a total of 1724 China Europe freight trains were operated, delivering 186000 TEUs of goods, an increase of 14% and 13% year-on-year, respectively, setting a new historical high in monthly transportation volume. The categories of goods continue to expand, and the transportation volume continues to grow strongly, providing better services for China Europe economic and trade exchanges.3. Secretary for Transport and Logistics of Hong Kong, Carrie Lam: Cross border tourism in Hong Kong resumed normal operations in February 2023 and is rapidly recovering. The number of ...
2024
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![Weekly Financial Summary 2024-07-01]( "Weekly Financial Summary 2024-07-01")
Financial attentionMacroeconomics1. Bureau of Statistics: In June, the manufacturing PMI was 49.5%, unchanged from the previous month; The non manufacturing business activity index was 50.5%, a decrease of 0.6 percentage points compared to the previous period; The comprehensive PMI output index was 50.5%, a decrease of 0.5 percentage points compared to the previous month.2. CCTV News: Since mid June, many parts of the country have experienced heavy rainfall, and some areas have experienced severe flooding and geological disasters, causing serious damage to highway infrastructure. The Ministry of Finance, in conjunction with the Ministry of Transport, will further allocate 45 million yuan at the end of June to support four provinces (cities) including Anhui, Hubei, Chongqing, and Heilongjiang in carrying out highway emergency repairs.3. The Ministry of Natural Resources and the Meteorological Bureau jointly issued a geological disaster meteorological risk warning. It is expected that fr...
2024
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Financial attentionMacroeconomics1. IoT: In June, the global manufacturing PMI was 49.5%, a decrease of 0.3 percentage points compared to the previous month, marking the third consecutive month of decline. In the second quarter, the average global manufacturing PMI was 49.7%, slightly higher than the first quarter by 0.1 percentage points, indicating that the global economy has maintained a moderate recovery trend.2. China Association of Automobile Manufacturers (CAAM): In June, the European Commission disregarded the facts and insisted that there were high subsidies in China's electric vehicle industry, which caused damage to the EU's electric vehicle industry. It also proposed to impose temporary anti subsidy taxes on electric vehicles exported from China.3. China News Agency: Indonesian Minister of Ocean and Investment, Luhute, clarified speculation about a "200% import tariff" on June 5th. He stated that this move is not targeted at any specific country, let alone...
2024
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![Weekly Financial Summary 2024-07-22]( "Weekly Financial Summary 2024-07-22")
Financial attentionMacroeconomics1. The Central Committee of the Communist Party of China: To promote coordinated efforts in implementing national development plans, major strategies, fiscal, monetary, industrial, price, employment and other policies, optimize the allocation of various incremental resources and adjust the stock structure. Explore the implementation of national macro balance sheet management. Incorporate both economic and non economic policies into the macro policy orientation consistency assessment. Establish a sound expectation management mechanism. Establish a sound system for experts to participate in public decision-making.2. Ministry of Ecology and Environment: As of July 15th, the cumulative trading volume of carbon quotas in the national carbon market has reached 465 million tons, with a cumulative trading volume of nearly 27 billion yuan. The carbon market will steadily expand its industry coverage and accelerate the inclusion of key emission industries such as...
2024
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