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Hua Tai Qi Huo·2025-07-17 05:16

Industry Overview Upstream - International oil prices fluctuated slightly, and PTA prices declined [2] Midstream - The operating rates of polyester and PX stopped falling [3] Downstream - The sales of commercial housing in first - and second - tier cities were at a low level in recent years, and the number of domestic flights during the summer vacation increased [4] Industry Events Production Industry - A symposium on research and consultation on comprehensively expanding domestic demand was held in Beijing on July 16 to discuss the research results of key investigations by relevant central committees of democratic parties, the All - China Federation of Industry and Commerce, and personages without party affiliation. Wang Huning emphasized forming more in - depth research results and promoting their application and transformation [1] Service Industry - On July 16, Premier Li Qiang chaired an executive meeting of the State Council, which studied key policy measures to strengthen the domestic cycle, listened to reports on the preliminary rectification of problems found in the audit of the implementation of the central budget and other fiscal revenues and expenditures in 2024, and the standardization of the competition order in the new energy vehicle industry, and reviewed and approved a draft decision to revise the Regulations of the People's Republic of China on the Administration of the Entry and Exit of Foreigners [1] Industry Credit Spread Tracking - The credit spreads of industries such as agriculture, forestry, animal husbandry and fishery, mining, and chemical industry showed different degrees of change on July 17. For example, the credit spread of agriculture, forestry, animal husbandry and fishery decreased from 87.36 to 49.06, and that of mining decreased from 33.33 to 29.32 [50] Key Industry Price Index Tracking - As of July 15, prices of various industries showed different trends. For example, the spot price of corn decreased by 1.21% year - on - year to 2331.4 yuan/ton, and the spot price of copper decreased by 2.12% year - on - year to 78135.0 yuan/ton [51]