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Comprehensive Policy, International Relations, Scientific and Technological Breakthroughs and Market News
1. The first meeting of the Sino-US Economic and Trade Consultation Mechanism was held in the UK
Vice Premier He Lifeng visited the UK from June 8 to 13. During this period, he will hold the first meeting of the Sino-US Economic and Trade Consultation Mechanism with the US, focusing on core issues such as bilateral trade rules, tariff coordination and technical cooperation.
2. The Ministry of Commerce responds to rare earth export control: compliance approval to ensure civilian demand
In response to the concerns of many countries, the Ministry of Commerce has clearly stated that rare earth export control complies with international practices, and has approved some compliance applications and set up a "green channel", emphasizing that the control is limited to dual-use items in the military and civilian fields, and demand in the civilian field will be given priority.
3. The central bank carried out trillion-dollar reverse repurchase, sending out a signal of liquidity easing
The People's Bank of China launched a 1 trillion yuan buyout reverse repurchase operation (term 91 days), and at the same time launched the issuance of 1.3 trillion yuan of ultra-long-term special treasury bonds, focusing on infrastructure (800 billion) and consumption upgrades (500 billion), aiming to boost market confidence.
4. Trump warned Musk: funding the Democratic Party will face "serious consequences"
Trump publicly stated that his relationship with Musk is "end" and that if he funded Democratic candidates who oppose the Republican budget, he would face severe sanctions. Musk's controversial post that previously stigmatized Trump's involvement in the "Epstein case" has been deleted.
5. Russia and Ukraine prisoner exchange operation was postponed indefinitely, and the front-line conflict continued
Russia said that Ukraine unilaterally delayed the original prisoner exchange and submitted a list of 640 people to hand over without a response. At the same time, the Ukrainian Air Force claimed to shoot down Russian Su-35 fighter jets in the direction of Kursk, and the confrontation between the two sides intensified.
6. The Chinese women's volleyball team defeated France 3-0, and won two consecutive games in the World League
In the 2025 World Women's Volleyball League Beijing Station, the Chinese women's volleyball team defeated the French team in three straight games and won the second victory of this event.
7. All hospitals in northern Gaza have been suspended, and the humanitarian crisis has intensified.
WHO confirmed that due to the ongoing conflict, all hospitals in northern Gaza Strip have stopped serving and the medical system is on the verge of collapse.
8. China's Mars power generation technology has made breakthroughs, and energy harvesting is taken locally to reduce weight
The Chinese research team successfully used the Martian atmosphere as fuel to generate electricity, significantly reduced the weight of the energy system, and achieved on-site acquisition of extraterrestrial environmental energy, providing new solutions for deep space exploration.
9. The installation of the Bohai 100-ton oil field platform has set a record of size and weight
The treatment platform of China National Offshore Oil Corporation Kenli 10-2 Oilfield Group Center has completed the installation of offshore floating support, breaking the record of the Bohai regional oil and gas platform, and helping the country increase crude oil reserves and increase production.
10. Geely announced that it would not build new automobile factories and oppose "intra-roll" competition
Gely Holdings Chairman Li Shufu clearly stated that he would stop building new factories to avoid overcapacity; executive Yang Xueliang criticized the industry's vicious price war and called for a turn to technological competition.
Core focus of the day
China-US economic and trade consultations, compliance with rare earth exports and release of trillions of liquidity of the central bank constitute the main policy line; the international situation, the stalemate between the Sino-Russia and Ukraine conflict and Trump-Musk highlights uncertainty; the breakthrough in Mars energy in the field of science and technology and the construction of Bohai oil fields marks the improvement of China's hard power.
