Domestic News - The Ministry of Finance reported that from January to April, the national general public budget revenue reached 806.16 billion yuan, a year-on-year decrease of 0.4%. Tax revenue was 655.56 billion yuan, down 2.1%, while non-tax revenue increased by 7.7% to 150.60 billion yuan. The stamp duty collected was 161.4 billion yuan, up 18.9%, with securities transaction stamp duty at 53.5 billion yuan, a significant increase of 57.8% [1][1][1] - The National Development and Reform Commission announced that by the end of June this year, it will issue the central budget investment plan for urban renewal projects for 2025. This includes support for urban underground pipeline and facility renovation projects through special government bonds [1][1][1] - The Ministry of Housing and Urban-Rural Development emphasized the importance of urban renewal actions, focusing on the renovation of old residential areas and the construction of complete communities. This includes improving public service facilities and enhancing living conditions [3][3][3] - The Financial Regulatory Bureau plans to introduce a loan management method specifically for urban renewal projects to clarify loan conditions and standards, thereby improving financial services for urban renewal actions [3][3][3] Financial Market Updates - On May 20, the new Loan Prime Rate (LPR) was released, with both the 1-year and 5-year LPRs decreasing by 10 basis points to 3% and 3.5%, respectively. Major banks also lowered their deposit rates, with the current rate down to 0.05% and various term deposit rates reduced by 15 to 25 basis points [2][2][2] Agricultural Sector - The National Grain and Material Reserve Bureau announced that the expected summer grain purchase volume for 2025 will be around 200 billion jin. The minimum purchase price policy for wheat and rice will continue in major production areas, with preparations in place to meet the purchasing needs [4][4][4] Technology and Infrastructure - The Central Cyberspace Affairs Commission and other departments issued guidelines for the large-scale deployment and application of IPv6 by 2025, aiming for 850 million active IPv6 users and 1.1 billion IoT IPv6 connections [5][5][5]
新华财经晚报:下降10个基点!LPR迎来年内首降
Xin Hua Cai Jing·2025-05-20 09:49