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The A-share marine economy sector performed strongly on Wednesday.

Wed, 02 Jul 2025 22:51:29 +0800

Beijing, July 2nd (Reporter Chen Kangliang) The Chinese A-share market retraced on Wednesday (July 2nd), with all major indexes falling. Among the sectors, the marine economy concept sector performed strongly against the trend and stood out.

According to the statistics of Dongfang Caifu, a financial data service provider, the marine economy concept sector rose by 3.69% on that day, ranking first in terms of increase. In terms of individual stocks, stocks such as Guolian Aquatic, Shenshui Haina, Bingshan Cold Heat, Zhangzi Island, and Shenkai Stock all saw their stock prices hit the ceiling; among them, Guolian Aquatic and Shenshui Haina recorded a rise of about 20% on that day.

On the message front, the sixth meeting of the Central Financial and Economic Affairs Commission was held recently. The meeting pointed out that to promote the high-quality development of the marine economy, it is necessary to strengthen top-level design, increase policy support, and encourage and guide social capital to actively participate in the development of the marine economy. It is necessary to strengthen, optimize, and expand the marine industry, promote the standardized and orderly construction of offshore wind power, develop modern deep-sea fishing, develop marine biomedicine and biological products, create characteristic marine culture and tourism destinations, and promote the high-quality development of the shipping industry.

Guo Yiming, the Director of Investment Consulting at Ju Feng Investment Consulting, said that from the perspective of market performance, the A-share marine economy sector has been on a strong uptrend since April, with outstanding performance in sub-sectors such as deep-sea technology, marine engineering equipment, and offshore wind power. The stock prices of many individual stocks have continued to rise. The holding of the above major meeting is beneficial to the sector, and it is expected that with the gradual implementation of more supporting policies, the marine economy sector is likely to attract more capital favor in the capital market.

As for the performance of the major A-share indices on that day, by the closing bell, the Shanghai Stock Exchange Composite Index closed at 3454 points, with a decline of 0.09%; the Shenzhen Stock Exchange Composite Index closed at 10,412 points, with a decline of 0.61%; the ChiNext Index closed at 2,123 points, with a decline of 1.13%. The total trading volume of the Shanghai and Shenzhen stock markets was approximately 1.377 trillion yuan, a decrease of about 891 billion yuan from the previous trading day.

The first dual-theme open service area in the country has been put into operation in Sichuan.

Wed, 02 Jul 2025 22:51:28 +0800

Chengdu, July 1 (Reporter Liu Zhongjun, Wang Peng) On July 1, the first batch of 'dual-use' pilot projects of the Ministry of Transport - the Sijing Toll Station of the Tianquan Service Area of the Yakang Expressway was officially opened and put into operation, marking an important breakthrough for Sichuan in promoting the integration of transportation and tourism development and enhancing the resilience of transportation services.

The Xunlong Qiao of the Sijing Toll Station connects the Tianquan Service Area of the Yakang Expressway. Photo by Zangao Company of Shudao Group

According to information, as the first dual-theme service area in the country integrating giant panda-themed culture and the function of the G318 scenic road entry portal, the Tianquan Service Area has long become a popular travel check-in destination on the expressway. With an annual passenger reception volume exceeding 10 million, it ranks among the top of expressway service areas across the country, and the vast passenger flow base lays a solid foundation for the innovation of the service area's open model.

The Sijing Toll Station, funded by the People's Government of Tianquan County and constructed by Zangao Company of Shudao Group, is located at the junction of the Tianquan Prohibition Road and the Yakang Expressway Tianquan Service Area, covering an area of 6.74 acres, with one entry and one exit in both directions, equipped with toll booths, toll station buildings, and using ETC and automatic card issuing and receiving equipment. It is worth mentioning that the Xunlong Qiao over the toll station canopy is 106 meters long, with the cultural theme of 'Xun love between mountains and rivers', using modern sensory and light and shadow technology to create a unique experience of 'strolling on the sky bridge, like a fish playing in the water', cleverly connecting local roads and the service area.

The Sijing Toll Station innovatively adopts a dual-function design of 'normal + emergency'. Normally, tourists and category one small passenger vehicles do not need to enter the expressway, and can directly reach the service area through pedestrian overpasses and vehicle passages, enjoying characteristic projects such as the giant panda culture display, visit to the Sichuan-Tibet Highway Museum, and tasting of caviar, fully satisfying the diverse travel and consumption needs of the public. In emergencies, the toll station can quickly convert into an emergency material transfer station and rescue channel, significantly enhancing the regional traffic emergency guarantee capability.

Sijing Toll Station. Photo by Zangao Company of Shudao Group

It is reported that with the opening of the Sijing Toll Station, the Tianquan Service Area has successfully transformed into an open comprehensive platform, achieving efficient convergence of expressway and local passenger traffic. In the future, the toll station will link up with existing museums, cultural facilities, business clusters within the service area, as well as the upcoming Zhuhaiyuxiang Museum, to build a full industry chain of 'eating, shopping, entertainment, rest, travel, and learning', promoting the upgrade of traditional service areas to tourist destinations and injecting new momentum into the beautiful travel of the masses and the rural revitalization of the local region.

The Hong Kong dollar triggers the weak-side exchange guarantee again, and the Hong Kong Monetary Authority buys approximately 20 billion Hong Kong dollars.

Wed, 02 Jul 2025 22:51:27 +0800

Hong Kong, July 2nd, Xinhua News Agency - Due to the Hong Kong dollar exchange rate triggering the weak-side exchange guarantee of 7.85 Hong Kong dollars against 1 US dollar under the linked exchange rate mechanism during the New York trading hours, the Hong Kong Monetary Authority (hereinafter referred to as the 'Hong Kong MSA') announced on the 2nd that it would sell US dollars and buy Hong Kong dollars in the market, involving an amount of 20.018 billion Hong Kong dollars. The total surplus of the Hong Kong banking system will decrease to 144.175 billion Hong Kong dollars on July 3rd.

The last time the Hong Kong dollar's weak-side exchange guarantee was triggered was on June 26 this year. According to the linked exchange rate system implemented in Hong Kong since 1983, the Hong Kong dollar against the US dollar has a normal fluctuation range: 7.75 (strong-side exchange guarantee) to 7.85 (weak-side exchange guarantee). If the Hong Kong dollar exchange rate triggers the strong-side exchange guarantee, the Hong Kong Monetary Authority will buy US dollars and sell Hong Kong dollars to stabilize the exchange rate of the Hong Kong dollar at no higher than 7.75; if the Hong Kong dollar exchange rate triggers the weak-side exchange guarantee, the opposite operation will be carried out to stabilize the exchange rate of the Hong Kong dollar at no lower than 7.85. The linked exchange rate system aims to ensure the smooth operation of the currency and foreign exchange markets.

The national railway summer peak season has started, and the number of passengers sent by Guangdong Railway is expected to reach a new high for the same period in history.

Wed, 02 Jul 2025 22:51:26 +0800

Guangzhou, July 1st (Guo Jun, Zhang Xiaomin, Huang Yuchu) The national railway summer peak season transport officially began on July 1st, 2025, and will last until August 31st, a total of 62 days. From Guangdong Railway Group, it was learned that during the summer peak season, Guangdong Railway is expected to send 133 million passengers, with an average of 2.142 million passengers sent daily, an increase of 5.8% year-on-year, reaching a new high for the same period in history.

Among them, the highest daily figure is expected to be August 9th, when 2.56 million passengers will be sent, an increase of 148,000 passengers year-on-year, with an increase of 6.1%.

Guangzhou South Railway Station waiting hall. Photo by Guangdong Railway Group

This summer peak season, the passenger flow of Guangdong Railway Group is characterized by the dominance of student flows, tourism flows, and family visits, with business flows as a supplement. The student and tourism flows mainly traverse between major cities such as Beijing, Shanghai, Guangzhou, Chengdu, and popular scenic areas; the student family visit flows converge from inland small and medium-sized cities to major cities such as Guangzhou, Dongguan, and Shenzhen in the early stage, and then embark on the journey back home from the big cities in the later stage. Affected by the student passenger flow, the first and second weeks of July and the first and second weeks of August, as well as weekends, will see peak passenger flow, but the overall passenger travel is relatively balanced.

In addition, Guangdong Railway Group has also made full preparations in advance and taken multiple measures to enhance the travel experience of passengers. Continuous optimization of ticket purchasing services, continuation of the summer student ticket reservation system, and prioritization of the ticket purchasing needs of student passengers. In terms of hardware facilities, the Guangzhou South Railway Station has upgraded and transformed 218 ticket gates for entry and exit, replaced 87 waiting room love seats, and added 5 sets of scenic rest seats, further optimizing the waiting environment. In terms of special services, Shenzhen North Railway Station and Guangzhou South Railway Station have piloted the

The first high-speed railway in the northern Shaanxi revolutionary old area has achieved track connection.

Wed, 02 Jul 2025 22:51:24 +0800

Yan'an, Shaanxi, July 1st (Zhang Yuan, Li Yifan) - On the 1st, with the last pair of long steel rails precisely laid, the track laying of the Xi'an to Yan'an High-Speed Railway reached Yan'an, Shaanxi, marking the successful completion of the track connection for the railway constructed by the Shaanxi Company of the Xi'an-Chengdu Passenger Dedicated Line and laid by the China Railway 11th Bureau. This lays a solid foundation for the timely opening and operation of the Xi'an to Yan'an High-Speed Railway.

The Xi'an to Yan'an High-Speed Railway crosses the loess plateau gully area, with a bridge-tunnel ratio of 91% along the entire line. The track laying construction is challenging with tight schedules, requiring high precision in operations and frequent cross-construction activities.

On July 1, the track贯通 ceremony of the Xi'an to Yan'an high-speed railway. Photo by Zhang Yuan.

The rail laying construction started on April 18 this year, with the rail laying section from Xi'an North Station to Yan'an Station, and the length of the main line rail laying reached 600 kilometers. In order to ensure the safety and order of rail laying construction, the Xi'an Special Express Railway Co., Ltd. in Shaanxi Province adopts a domestically advanced intelligent engineering line scheduling information platform independently developed, which remotely monitors the operation status of key equipment such as rail laying units, long rail transport trains, and mobile rail welding equipment in real-time. Equipped with an intelligent prediction module, it realizes visual intelligent management and advanced early warning of potential safety hazards.

Zhou Weimin, the commanding officer of the Xi'an to Yan'an high-speed railway command department of the Xi'an Special Express Railway Co., Ltd. in Shaanxi Province, introduced that as of now, the key construction tasks such as the foundation, bridges, tunnels, and ballastless track of the Xi'an to Yan'an high-speed railway have all been completed. The foundations and main structures of the newly built 8 stations have also been completed. The follow-up will focus on key tasks such as 'four electricity' construction, static acceptance, and joint debugging and testing to prepare for the opening and operation.

Lin Zhengdong, the responsible person for the rail laying construction site of China Railway No. 11 Bureau, introduced that in order to ensure the quality of rail welding, the site uses advanced electromagnetic induction normalizing equipment to precisely heat the welding joints through electromagnetic induction technology, effectively overcoming uncontrollable factors such as fire hole status, gas quality, and flow during flame heating, significantly improving the heating quality, and thereby ensuring the high-quality completion of rail welding. At the same time, a new type of mobile switch turnout flash welding rail machine is used for flash welding of turnouts, greatly enhancing the stability and load capacity of the joints.

The construction of the Xi'an to Yan'an high-speed railway involves on-site operations at Yan'an Station. In order to ensure construction safety and orderly passenger travel, the station has taken a series of control and guidance measures. Gao Fengtao, the station master of Yan'an Station of the Xi'an Bureau of China Railway Group Co., Ltd., introduced that in terms of construction area control, Yan'an Station has set up a 1800-meter solid isolation at the boundary between the newly built high-speed field and the existing passenger field, ensuring passenger safety through physical isolation and regional control. At the same time, the station has also launched an optimized passenger flow scheme, adding a fifth waiting room, setting up 6 real-name verification channels, and redesigning the entry and boarding paths. After optimization, the average waiting time for passengers has been reduced to 15 minutes, which not only effectively relieves the pressure of summer travel peak traffic but also reserves sufficient construction time for the timely opening of the Xi'an to Yan'an high-speed railway through efficient organization.

According to reports, the Xi'an to Yan'an high-speed railway is the first high-speed railway in the northern Shaanbei revolutionary old district and is an important part of the Bay (Yin) to Hebei high-speed railway channel of the national high-speed railway network. Together with the ongoing construction of the Xi'an to Chongqing high-speed railway, it forms a major north-south passage. The total length of the line is 299.8 kilometers, and the construction standard is double-track high-speed railway with a design speed of 350 kilometers per hour.

After the completion and operation of the line, the running time from Xi'an to Yan'an will be shortened from the current 2.5 hours to about 1 hour, which is of great significance for further promoting the strategy of great development in the western region, helping the revitalization of rural areas in revolutionary old districts, accelerating the construction of the Bay-to-Hebei high-speed railway channel, further improving and optimizing the layout of the national high-speed railway network, and enhancing the regional advantages of Shaanxi Province and the hub position of the national railway network.

From the source to the dining table, Shuanghui strictly controls food safety throughout the entire chain.

Wed, 02 Jul 2025 22:51:23 +0800

In the evening, trucks transporting pigs enter the first industrial park of Shuanghui in Luohe, Henan. After undergoing procedures such as slaughtering, meat ripening, and cutting, these fresh meat products can be seen by local consumers the next morning. Similar scenarios are playing out simultaneously in Shuanghui's modern meat processing bases in 18 provinces (cities) across the country.

As the industry leader, Shuanghui slaughters 15 million pigs a year, 300 million chickens, and produces and sells nearly 4 million tons of meat products, with more than 10,000 tons of products sold to all parts of the country every day. Behind Shuanghui products is a full-chain quality control system covering feed, breeding, slaughtering, meat product processing, cold chain logistics, and commercial foreign trade, which is protecting the food safety defense line.

Upgrading the intelligent production line

In the meat product workshop of the first industrial park of Shuanghui, a smart production line is demonstrating the practice of Shuanghui's Industry 4.0 - after the raw meat is defrosted by a microwave defrosting device, it enters the automatic twisting process, with various indicators displayed by the on-line automatic analysis equipment for fats, and then continues to complete the auxiliary material configuration, massaging, meat paste conveyance, sterilization, selection, packaging, stacking, and warehousing automation production with the assistance of intelligent equipment such as automatic guiding vehicles and rail-guided vehicles.

This automated process, which has been upgraded with an investment of 2.4 billion yuan, significantly reduces the manual intervention points in the traditional meat product production process, reducing the instability of product quality and food safety risks caused by human factors.

Automated sterilization process

In the slaughterhouse, Shuanghui has invested 5 billion yuan to introduce a number of leading digital and intelligent technologies to transform the slaughter and cutting production line, such as accurately identifying the identity information of each pig through an AI ID recognition system, dynamically adjusting the temperature in each area through a zoning intelligent temperature control system, and ensuring product quality to the maximum extent possible... In addition, it has also pioneered a white strip image grading system in China, which automatically determines the lean meat content, back fat thickness, and body quality of the white strip through high-definition image scanning combined with AI intelligent algorithms, and automatically grades it.

“After the intelligent transformation, from pig procurement, production and processing to logistics distribution, all related data in the industrial chain are automatically collected, uploaded, and calculated, and can be traced online and summarized in real-time. This not only greatly improves production efficiency but also ensures product quality,” said Yuan Wentai, vice president of the slaughter plant of Shuanghui Development Co., Ltd., to the media.

Behind the high investment in hardware upgrades is Shuanghui's emphasis on the construction of food quality and safety culture. For more than 40 years, Shuanghui has always adhered to the quality management philosophy of

To strengthen supervision at all stages, in addition to the food safety director and food safety staff, nearly 400 quality control personnel with food-related majors are distributed at all stages of the industrial chain, implementing a professional supervision mechanism, exercising the veto power on quality, and further ensuring the comprehensiveness, depth, and authority of food safety control work.

The operation of this control model is supported by more than 200 quality and safety management documents covering the industrial chain of Shuanghui. By introducing quality and safety management systems such as ISO9001, HACCP, and ISO22000, Shuanghui has established ten standardized internal control systems covering all links of the industrial chain, ensuring that every task has a standard to follow. At the same time, Shuanghui has trained more than 150 internal auditors, conducted two internal audits annually, and hired external audit experts to comprehensively audit the quality and safety management system. Through internal and external audits, the company continuously improves the operation quality of the internal control system.

Food safety management runs through the entire industrial chain

Shuanghui has a strict

Quality inspection

In more than 50 testing rooms nationwide, Shuanghui has invested 120 million yuan to purchase more than 2,000 sets of equipment such as time-of-flight mass spectrometers. Every batch of pigs, raw and auxiliary packaging materials, and other items need to undergo comprehensive testing of more than 1,000 projects including physics and chemistry, microbiology, veterinary drug residues, heavy metals, and prohibited substances. Only after passing the inspection can they be accepted and used. Each batch of products is inspected before leaving the factory, and the inspection results are automatically associated with the dispatching system. Only after the qualified information is uploaded to the ERP system can the products be scanned out of the warehouse, ensuring that the products are qualified before they can be shipped.

In the logistics process, Shuanghui has established a comprehensive standardized control system in many aspects such as cold chain transportation management, warehousing management, hygiene management, temperature control, timeliness control, and product receiving and dispatching. It has built a series of information systems such as intelligent vehicle management, intelligent dispatching, and safety collaboration, realizing ten full-process intelligent controls such as vehicle transportation location positioning, temperature tracking, driver monitoring, load sensing, business visibility, and intelligent dispatching. 24-hour, multi-dimensional monitoring ensures the quality and safety of Shuanghui's transported food.

For the terminals with the highest traffic and most complex situations, Shuanghui has set up more than 300 sales branches and more than 5,000 business personnel nationwide, supervising and managing product sales at any time. At the same time, the customer service hotline collects customer complaints, responds quickly, and handles consumer requests in a timely manner.

Full-process product information traceability

From the source to the dining table, meat products must go through a series of chained processes such as breeding, slaughtering and processing, deep processing, and transportation. Every link needs to be strengthened and strictly prevent possible health quality issues. Once a food safety issue occurs, the enterprise's reputation and operations may suffer negative impacts.

To effectively prevent such risks, Shuanghui has implemented an ERP system, online mall, production MES system, salesperson mobile marketing system, Hualong mobile business system, Wanjia Convenience O2O platform, Shuanghui Cloud Business mobile business platform, slaughtering industry digital platform, Shuanghui Cloud Business industrial Internet platform, Shuanghui big data platform, and other systems to achieve full-process information traceability from supply, production, storage, transportation, and sales, ensuring traceability in both forward and reverse directions, controllability of the process, and accountability. This is not only a transparent food safety commitment to consumers but also an effective tool for enterprise self-supervision.

For 41 years, the comprehensive industrial chain quality and safety management system constructed by Shuanghui has not only helped it expand from Henan to the national and even international stage, but also provided a reference model for the quality control management of China's food industry. Profit and quality are not an either/or choice; enterprises can take a development path that balances efficiency and safety through technological innovation, digital and intelligent upgrades, and management optimization.

“Food safety and nutrition are closely related to the health of every family and individual.” Shuanghui stated that in the future, it will continue to prioritize consumer safety and health, constantly upgrading hardware and software facilities, innovating quality and safety management, continuously improving the level of food safety control, and continuously providing consumers with safe, healthy, and delicious meat products.

The 2025 Global Digital Economy Innovation Competition AIGC Creation Competition was launched in Beijing.

Wed, 02 Jul 2025 22:51:22 +0800

Beijing, July 2 (Reporter Lü Shaowei) The opening ceremony of the 2025 Global Digital Economy Innovation Competition AIGC Creation Competition was held at the Beijing National Convention Center on July 2. The purpose of this competition is to promote the deep integration of artificial intelligence generated content (AIGC) technology and creation, and to build an international platform for creators around the world to showcase their creativity and realize their value. The conference attracted more than 300 representatives from government, universities, and enterprises to attend the meeting.

This competition is organized by the Organizing Committee of the Global Digital Economy Conference, and hosted by the Beijing Municipal Economic and Information Technology Bureau, Beijing Municipal Radio and Television Bureau, Chaoyang District Government of Beijing, Communication University of China, Central Academy of Fine Arts, The Hong Kong Polytechnic University, Beijing University of Technology, Beijing Film Academy, and Beijing Fashion Academy.

Liu Weiliang, Deputy Director of the Beijing Municipal Economic and Information Technology Bureau, Lu Hui, Second-class Inspector of the Beijing Municipal Radio and Television Bureau, and Yin Yuan, Deputy Mayor of Chaoyang District Government of Beijing, attended the event and made speeches.

Liu Weiliang pointed out that the core industrial revenue of artificial intelligence in Beijing has exceeded 350 billion yuan, with a year-on-year increase of more than 12%. There are more than 2,400 core artificial intelligence enterprises. In mainstream technology routes such as general large models, Beijing continues to maintain a leading advantage, with the number of models registered in Beijing reaching 132 as of now, accounting for more than 30% of the country and firmly occupying the first place nationwide. This AIGC creation competition is an important measure for us to promote the popularization of AIGC technology, stimulate social innovation vitality, and tap into outstanding talents and projects.

This competition has achieved significant innovation in track setting, creating six characteristic tracks including short video short drama, fashion design, digital IP, sound creation, code generation, and adopting a dual-track parallel model of 'scenarized proposition + free proposition'. The competition is based on three core dimensions to comprehensively promote the construction of the AIGC industrial ecosystem: first, through the competition practice, select the most market-valuable creation tools for the industry development to set a technical benchmark; second, focus on discovering high-quality creation teams and growing enterprises with innovative potential; third, systematically launch the 'Future Creator' training program, through the collaboration of industry, academia, and research to build a sustainable creative talent ecosystem, continuously injecting AI technology momentum into digital content creation.

The Beijing Informationization Association and Beijing Shuzhiyunkai Information Technology Co., Ltd. as the organizing committee of the competition jointly signed a strategic cooperation agreement with New Star Sky (Beijing) Digital Technology Co., Ltd., Beijing Aishite Technology Co., Ltd., Shiyou (Beijing) Technology Co., Ltd., Toulon Holding Group Co., Ltd., Beijing Olympic Cultural Promotion Association, Kunlun万里科技发展有限公司, Beijing Innovation Lezhinet Network Technology Co., Ltd. (CSDN), Beijing Fengxing Online Technology Co., Ltd., and many other corporate representatives. These industry leading enterprises will give full play to their respective advantages in content production, technology research and development, channel distribution, and serve as the leading units of each track, providing technical support and commercialization guidance for participants.

This competition has achieved a major breakthrough in the competition model, showcasing three differentiated innovative highlights: First, establishing a competition mechanism with 'industry demand orientation', where the topics of each track are deeply formulated by the leading enterprises of the track, ensuring that the works have commercial genes from the very beginning of creation, and excellent outcomes can be directly connected to industrial resources for rapid transformation; second, specially setting up a global creation track, building a platform for the exchange of Chinese and foreign digital creativity, both showcasing the innovative strength of China's AIGC technology and promoting in-depth dialogue with international top creative talents; third, adhering to the open and inclusive technical concept, not limiting the choice of creative tools, participants can freely choose mainstream AIGC tools, while the organizing committee also provides special support for professional tools such as PixVerse, providing all-around technical guarantee for the realization of creativity.

At the launch ceremony, the Chaoyang District focused on promoting the regional industrial development plan, explicitly proposing the '3+X' industrial system as the core development strategy, focusing on cultivating three strategic emerging industrial clusters of industrial internet, artificial intelligence, and digital security, and vigorously building three leading industrial clusters of industrial internet, artificial intelligence, and digital security, to construct and form a '1+1+N' policy support system. The 'Several Measures of Chaoyang District on Supporting the Innovative Development of the Metaverse (Internet 3.0)' were interpreted on the spot, introducing more than 10 high-value policy measures covering financial support, space guarantee, talent introduction, etc., to continuously strengthen policy supply and element guarantee in the field of scientific and technological innovation.

In the subsequent roundtable exchange session, experts and scholars from the Institute of Frontier Cross-disciplinary Research of Beijing Institute of Fashion Technology, the Institute of Art Research of Communication University of China, the School of Experimental Art and Technology of the Central Academy of Fine Arts, the Department of Film and Television Technology of Beijing Film Academy, the School of Design of the Hong Kong Polytechnic University, and the School of Art and Design of Beijing University of Technology, engaged in an in-depth discussion on the theme of 'Reconstructing Creativity: The Breakthrough and Integration of Art Education in the AIGC Era'.

In the first five months, Chinese large-scale internet enterprises completed internet business revenue of 773.5 billion yuan

Wed, 02 Jul 2025 22:51:21 +0800

Beijing, July 1st, Xinhua News Agency (Reporter Liu Yuying) - The Ministry of Industry and Information Technology of China released the operation situation of the internet and related service industries from January to May 2025 on July 1st. From January to May, large-scale internet and related service enterprises (hereinafter referred to as 'internet enterprises') achieved an internet business revenue of 773.5 billion yuan (in renminbi, the same below), a year-on-year increase of 0.9%.

From January to May, large-scale internet enterprises realized a total profit of 69.2 billion yuan, a year-on-year decrease of 2.2%, with the decline in total profit continuing to narrow. During the same period, large-scale internet enterprises collectively invested 39.06 billion yuan in R&D, a year-on-year increase of 4.1%, with the growth rate falling by 0.7 percentage points compared to the first four months.

From January to May, the internet business revenue in the Beijing-Tianjin-Hebei region maintained a rapid growth momentum. The region achieved an internet business revenue of 266.6 billion yuan, a year-on-year increase of 8.3%, accounting for 34.5% of the national internet business revenue. The Yangtze River Delta region achieved an internet business revenue of 247 billion yuan, a year-on-year decrease of 2.1%, accounting for 31.9% of the national internet business revenue.

From January to May, the top five provinces in terms of internet business revenue, namely Beijing, Guangdong, Shanghai, Zhejiang, and Tianjin, collectively achieved a business revenue of 649.6 billion yuan, a year-on-year increase of 4.1%, accounting for 84% of the national internet business revenue (excluding cross-regional enterprises). During the same period, 11 provinces (autonomous regions, and municipalities) in the country achieved positive growth in internet business revenue, among which Shanxi, Inner Mongolia, Sichuan, and Shaanxi saw growth rates exceeding 10%.

The new charging standards for credit investigation services will be officially implemented starting July 1st.

Wed, 02 Jul 2025 22:51:19 +0800

July 1st news According to the official WeChat message of the People's Bank of China Credit Investigation Center, according to 'The Notice of the National Development and Reform Commission on Further Reducing the Charging Standards for Credit Investigation Services' (Development and Price No. 668 of 2025), the People's Bank of China Credit Investigation Center will comprehensively implement the new charging standards for credit investigation services starting from July 1, 2025.

1. Charging standards for institutional inquiries

The benchmark service charge standard for inquiring enterprise credit reports for institutions such as commercial banks is 9 yuan per report, and the benchmark service charge standard for inquiring individual credit reports is 1 yuan per report. The actual charging standard is determined based on the data volume and inquiry volume provided by the user institution to the credit investigation system, and the data inquiry volume applies the super-progressive calculation method. The specific calculation formula and charging method continue to be implemented in accordance with the relevant provisions of 'The Notice of the National Development and Reform Commission on Further Reducing the Service Charging Standards of the People's Bank of China Credit Investigation Center' (Development and Price Regulation No. 1318 of 2019).

The charging standard for inquiring enterprise credit reports for 11 types of financial institutions such as rural commercial banks, rural cooperative banks, rural credit cooperatives, village and town banks, micro-credit companies, consumer finance companies, financing leasing companies, financing guarantee companies, private banks, independent legal person direct sales banks, and domestic trade insurance underwriting institutions is 4.5 yuan per report, and the charging standard for inquiring individual credit reports is 0.5 yuan per report.

For the same user who has made multiple inquiries about the same enterprise credit report within 30 days, the charge is based on the inquiry of one enterprise credit report; for multiple inquiries about the same individual credit report within one day, the charge is based on one individual credit report inquiry.

2. Charging standards for individual inquiries

Individual counter inquiries of their own credit reports are free for the first two times per year, and the charging standard for inquiries starting from the third time is 5 yuan each time. Individuals can query their own credit reports for free through the Internet.

3. Charging standards for registration services

The charging standard for the registration of accounts receivable pledge is 15 yuan per item per year, and the charging standard for change registration and异议 registration is 5 yuan per item per time. The information query is free of charge.

The adjustment of the charging standards for the credit investigation service is an important measure to implement the decisions and deployments of the Party Central Committee and the State Council, further reduce the operating costs of enterprises, and optimize the business environment. In the next step, the Credit Investigation Center will strictly implement the national规定的 charging standards, always practice the 'Credit Investigation for the People' concept, continuously optimize the credit investigation service, and continuously promote the development of the real economy and the construction of the social credit system.

67 passenger trains were added for the summer travel period in Taiyuan, with passenger flow mainly concentrated in the Beijing-Tianjin-Shanghai area.

Wed, 02 Jul 2025 22:51:18 +0800

Taiyuan, July 1st (Ren Lina) From the railway department, it was learned that the summer travel period of 2025 started on July 1st and ended on August 31st, lasting for 62 days. The Taiyuan Bureau of the State Railway is expected to send 17.05 million passengers, with an average of 275,000 passengers per day, an increase of 6% year-on-year. During this period, the Taiyuan Bureau of the State Railway plans to add 67 passenger trains to meet the maximum demand for passenger travel.

67 passenger trains were added for the summer travel period in Taiyuan. Photo provided by the Taiyuan Bureau of the State Railway

According to the forecast, this year's summer travel passenger flow is mainly for tourism, visiting relatives, study tours, etc. From the middle of July to the middle of August, passenger flow will remain at a high level. The overall trend is low at both ends and high in the middle, with weekend passenger flow exceeding that during the week. Passenger flow is mainly concentrated in central cities such as Beijing, Tianjin, Shenyang, Shanghai, Guangzhou, Xi'an, Chengdu, Chongqing, Wuhan, Zhengzhou, as well as tourist destinations such as Suzhou, Qingdao, and Qinhuangdao, and within the province in Taiyuan, Datong, Yuncheng, Changzhi, and Jincheng.

During the summer travel period, the high-speed rail lines of the Taiyuan Bureau of the State Railway increased the deployment of transport capacity according to the peak traffic mode, adding 48 temporary EMU passenger trains. The first overnight through sleeping train from Taiyuan South to Shenzhen North was opened, as well as the through sleeping trains from Fengtai, Beijing to Chengdu East and Guiyang North via Taiyuan Station, and the overnight EMU trains from Taiyuan South to Qingdao North were added.

During the summer travel period, 19 temporary express passenger trains were added, including the first train running between Taiyuan and Xining, providing more travel options for passengers to travel to the northwestern region during the summer vacation. In addition, passenger trains running between Taiyuan and Pingyao, Houma, Datong and Jiaxiu, and Linfen and Lingqiu were opened, facilitating local and provincial travel for passengers. During the summer travel period, the Taiyuan Bureau of the State Railway promptly conducted passenger flow analysis, deeply researched market popular and emerging travel needs, accurately grasped the characteristics of passenger flow, and pre-judged the changes in passenger flow trends, optimizing and adjusting the train operation plan with 'one plan per day' to reasonably arrange transportation capacity and power.

In addition, in response to possible severe weather conditions during the summer travel period, the Taiyuan Bureau of the State Railway has improved its emergency response plan. In the event of extreme weather such as strong convective weather, measures such as reducing speed and parking for inspections will be taken to ensure the safety of passengers' travel.

The railway department reminds passengers that the details of additional trains during the summer travel period should be confirmed through station announcements and the China Railway Customer Service Center's 12306 website. Passengers can check the dynamic information of passenger trains through these channels to arrange their travel plans accordingly.