Core Viewpoint - The implementation plan for improving the credit repair system in China aims to enhance the efficiency and convenience of credit restoration for credit subjects, addressing issues of fragmentation and inconsistency in the current system [1][2]. Group 1: Unified Publicity and Standards - The plan establishes a unified public information platform, "Credit China," to centralize various public credit information and resolve previous inconsistencies in publicity rules across different departments and regions [1][2]. - It categorizes dishonest information into three levels: "minor, general, and serious," with differentiated publicity periods for each level, allowing credit subjects to apply for credit repair only after the minimum publicity period has expired [2]. Group 2: Simplification and Responsiveness - The plan simplifies the application materials for credit repair and sets clear processing deadlines, requiring "Credit China" to respond to repair applications within 10 working days [3]. - It enhances the convenience for credit subjects to raise objections regarding the publicity content, duration, and repair results through "Credit China" or relevant industry authorities [3]. Group 3: Innovative Mechanisms for Specific Cases - A "green channel" mechanism is established for bankrupt restructured enterprises, allowing them to temporarily shield dishonest information and update credit evaluations based on court rulings [4]. - This design aims to eliminate obstacles caused by punitive measures for dishonest behavior, facilitating smoother bankruptcy restructuring and enabling enterprises to operate normally and access financing [5]. Group 4: Comprehensive Policy Measures - The implementation plan is characterized by a problem-oriented and goal-oriented approach, introducing targeted policies to address the pain points and challenges in credit repair, thereby providing a solid institutional guarantee for a unified credit repair system [5].

中办、国办：推进防洪水库建设 加快推进蓄滞洪区建设 智通财经6月26日电，中办、国办发布关于全面推进江河保护治理的意见。意见提出，完善流域防洪工 程体系。健全由水库、河道及堤防、蓄滞洪区等组成的流域防洪工程体系。推进防洪水库建设，提升已 建水库防洪能力，强化库容管理。定期开展水库水闸安全鉴定，及时除险加固。推进大江大河干流堤防 达标建设，加快中小河流系统治理，实施农村水系综合整治。加快推进蓄滞洪区建设，完善功能布局， 加强空间管控和产业引导，依法加强蓄滞洪区管理，严控人口迁入，引导区内人口有序外迁。实施洲滩 民垸分类治理。完善城乡防洪排涝体系，健全洪涝联排联调机制。提升山洪灾害防治和风暴潮防御能 力。 ...

《中国民航报》、中国民航网 记者胡夕姮 通讯员郑欣 报道：近日，民航上海监管局与民航江西监管局 适航监察员共同组成联合审查组，对上海飞机制造有限公司维修交付中心（以下简称"维修交付中心"） 进行了2025年度维修系统体系监察。此次检查严格依据CCAR145R4等相关法规要求，全面验证了维修 系统的合规性，并深入核查了《维修管理手册》等手册程序的执行效果，旨在为国产民机维修体系的高 质量发展构筑坚实的安全防线。 站在C919常态化运营、C909加速交付的新起点，上海监管局将与上海飞机制造有限公司持续携手完善 维修体系建设，以"时时放心不下"的责任感守护航空器持续适航，为国产民机翱翔蓝天构筑更坚实的维 修保障屏障。（编辑：金杰妮 校对：孙文瑾 审核：程凌） 审查组对维修交付中心近年来在国产民机维修领域取得的显著进步表示高度认可。截至2025年6月，该 中心维修体系人员已达282人，其中包括170名经验丰富的维修人员，形成了一个覆盖维修操作、特种作 业、放行、工程技术等全链条的专业人才梯队。在维修能力建设方面，上海浦东维修地点已获得C909 飞机16000FH/16000FC/8YR（含）以下及C919飞机1400 ...

Group 1 - New energy sources such as wind and solar power are becoming the main sources of new electricity generation, playing an increasingly significant role in ensuring power supply during peak summer demand [1][6] - The National Development and Reform Commission (NDRC) anticipates that the highest electricity load during this summer will increase by approximately 10 million kilowatts compared to last year [2] - The NDRC has implemented measures to enhance electricity supply capacity, including strengthening the energy production, supply, storage, and sales system [2][4] Group 2 - As of the end of May, the total installed capacity of electricity generation in the country reached 3.61 billion kilowatts, a year-on-year increase of 18.8% [4] - The NDRC is focusing on improving the efficiency of electricity transmission and has completed the construction of several ultra-high voltage direct current transmission channels to support electricity demand in densely populated and industrial areas [4][7] - The utilization rate of new energy sources remains above 90%, indicating effective integration into the energy system [7] Group 3 - The installed capacity of wind and solar power reached 570 million and 1.08 billion kilowatts respectively by the end of May, accounting for 45.7% of the total installed capacity, surpassing that of thermal power [6][7] - The NDRC is promoting policies to enhance the consumption of new energy, including direct supply of green electricity to specific users, which supports local consumption and provides new opportunities for high-energy-consuming and export-oriented enterprises [7] - The new energy storage capacity in the country has exceeded 80 million kilowatts, indicating a growing market for energy storage solutions as new energy sources become more prevalent [7]

Core Insights - The State Administration of Foreign Exchange reported that in April 2023, China's goods and services trade reached 43,706 billion yuan, a year-on-year increase of 6% [1] - The trade surplus in goods was 4,464 billion yuan, while the services trade recorded a deficit of 1,138 billion yuan [1] - The service trade sector is increasingly becoming a key driver for China's foreign trade, with significant growth in knowledge-intensive and travel services [1] Group 1: Service Trade Performance - In 2024, the total service trade import and export volume is expected to exceed 7.5 trillion yuan, surpassing 1 trillion USD, maintaining China's position as the second-largest globally [1] - Travel services, as a traditional strength, are experiencing rapid growth due to policy relaxation and rising consumer demand, becoming the largest sector in service trade [1] - Emerging service sectors such as digital culture, online education, and cross-border healthcare are gaining traction, characterized by high added value and strong penetration [1] Group 2: Challenges in Service Trade - Service trade is primarily concentrated in eastern regions like Beijing, Shanghai, and Guangdong, while central and western provinces face challenges due to weak industrial foundations and talent shortages [2] - There is a lack of internationally influential domestic enterprises and service brands in high-end knowledge-intensive services such as legal, financial, and consulting services, indicating a need for structural optimization [2] Group 3: Strategic Recommendations - To enhance service trade quality, it is essential to deepen institutional openness and create a higher-level open environment, including improving the negative list system for cross-border service trade [2] - Encouraging manufacturing enterprises to transition to service-oriented models and developing integrated service export modes can expand the service value chain [3] - Strengthening digital capabilities and building platform-based service capacities through advanced technologies like 5G and AI will diversify and enhance service delivery methods [3] Group 4: Talent and Standards Development - Establishing a training system for composite talents in service trade and promoting cooperation among universities, industry associations, and enterprises is crucial for developing specialized courses [4] - Building a cross-border service talent certification system and enhancing the service trade standard system will improve China's influence in global service governance [4]

Core Viewpoint - The article highlights the successful launch of the first live-streaming sales event for Huizhou lychee, achieving sales of 6 tons, and emphasizes the collaborative efforts between online and offline channels to promote the product globally [1][13][6]. Group 1: Production and Sales Growth - Huizhou lychee is recognized as a national geographical indication product, with a total planting area of 173,600 acres and an estimated production of 110,000 tons this year, representing a 30% increase year-on-year [3][4][21]. - The "Huizhou Lychee Production and Sales Connection Activity" is actively promoting the product, with events scheduled to run until June 30, featuring offline sales and e-commerce live-streaming [15][16][20]. Group 2: Marketing and Distribution Strategies - The government is facilitating a multi-channel marketing strategy that includes online and offline sales, aiming to expand the market reach of Huizhou lychee [6][22][26]. - The introduction of a "source direct delivery" model through platforms like JD.com and SF Express is enhancing the freshness and availability of the lychee [49][50]. Group 3: Quality Improvement and Brand Development - The East Pupu Farm is focusing on improving lychee quality through variety optimization and technological support, now cultivating over 50 high-quality late-ripening varieties [34][37][44]. - The "Giant Beauty" lychee, a unique variety from Huizhou, has gained popularity among buyers, showcasing the farm's commitment to quality and branding [40][41]. Group 4: Community Engagement and Tourism - The local community is engaged in promoting lychee through tourism, with planned experiences that combine lychee picking and rural tourism to attract visitors [60][68]. - The integration of cultural and tourism activities aims to enhance consumer engagement and drive sales during the lychee harvest season [60][68].

Core Viewpoint - The launch of the Cross-Border Payment System on June 22 by the People's Bank of China and the Hong Kong Monetary Authority marks a significant advancement in financial cooperation between mainland China and Hong Kong, aiming to enhance cross-border remittance services and reduce reliance on the SWIFT system [2][3]. Group 1: System Overview - The Cross-Border Payment System is built on the Memorandum of Understanding for cross-border payment connectivity between mainland China and Hong Kong, facilitating efficient and secure remittance services by connecting the mainland's Interbank Payment System (IBPS) with Hong Kong's Faster Payment System (FPS) [3]. - The system aims to address the growing demand for cross-border financial services as economic and trade ties between the Greater Bay Area and Hong Kong deepen [2]. Group 2: Advantages of the Cross-Border Payment System - The system offers several advantages, including support for interbank remittances, various payment purposes, real-time transactions, low transaction costs, and the ability to use mobile numbers for remittance [5][12]. - Unlike the traditional SWIFT system, which can take 1-2 business days for transactions, the new system allows for instant transfers, significantly improving efficiency [7]. - The Cross-Border Payment System reduces costs associated with SWIFT, where fees can reach 1%-3% of the transaction amount, by eliminating intermediaries and offering promotional zero-fee services [7]. Group 3: Operational Details - The initial participants in the Cross-Border Payment System include six major banks from mainland China and six from Hong Kong, enhancing the system's operational capacity [11][12]. - There are specific remittance limits: Hong Kong residents can remit up to 200,000 HKD annually and 10,000 HKD daily, while mainland residents can remit up to 50,000 USD annually and 300,000 RMB daily [12]. - The system currently focuses on person-to-person (P2P) transactions, with plans to expand to business and government transactions in the future [12]. Group 4: Strategic Implications - The Cross-Border Payment System is expected to strengthen Hong Kong's role as an offshore RMB hub and enhance the city's financial center status by increasing RMB deposits [13]. - The People's Bank of China plans to collaborate with the Hong Kong Monetary Authority to ensure the smooth operation of the system and promote high-quality development of the cross-border payment framework [13].

北京燕京啤酒股份有限公司投资者关系活动记录表 编号：2025-05 证券代码：000729 证券简称：燕京啤酒 投资者关系活动 类别 √特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 √其他 电话会议 参与单位名称及 人员姓名 信达澳亚基金 ：邹运 张兆函 广发证券：郝宇新 2 家机构共计 3 人 时间 2025 年 6 月 25 日 地点 公司会议室 上市公司接待人 员姓名 副总经理、董事会秘书、总法律顾问：徐月香 投资者关系活动 主要内容介绍 1、介绍公司概况 2、公司持续实施燕京 U8 大单品战略 公司坚定推进大单品战略，以燕京 U8 为核心，通过持续的产 品创新和市场推广，不断提升品牌影响力和市场份额。同时，公 司还推出了燕京 V10、狮王精酿等一系列中高端产品，形成了丰 富的产品线，满足了不同消费者的需求。公司以燕京 U8 为代表的 大单品保持了稳健增长。 3、关于公司对新兴市场以及基地市场的建设 答：公司坚持市场精耕细作与战略性扩张并行推进，持续加 强市场开发体系建设。随着啤酒消费模式向悦己消费、场景化消 费的转变，公司积极拓展新市场和新渠道，同步完成销 ...

Core Viewpoint - The Urumqi Market Supervision Administration is intensifying efforts to regulate the pharmaceutical distribution sector through a "Clean Source" initiative aimed at addressing prominent issues in drug sales and ensuring drug quality safety [1][3][4] Group 1: Regulatory Actions - The administration has mobilized 127 pharmaceutical companies to adhere to principles of "strict prevention at the source, strict management during the process, and strict risk control" [3] - Key focuses include combating illegal drug sales, counterfeit drugs, and violations in online drug sales [3] - Specific measures include enhanced online inspections, strict checks on illegal procurement channels, and increased oversight of high-risk drugs [3] Group 2: Compliance and Training - The administration emphasizes the importance of compliance by requiring pharmaceutical companies to implement full product traceability and rectify identified issues [3][4] - Future plans include ongoing training for pharmacy staff to ensure comprehensive understanding of regulations, thereby safeguarding public health [4]

中新网重庆6月24日电 (张旭)2025年1月至5月，重庆的国际、港澳台快递业务量为457.1万件，同比增长 24%。6月24日，重庆"邮运通"现场推进会在重庆大足举行，这是记者从会议现场获悉的数据。 会议提到，通过争取国家邮政局将国际快递业务经营许可审批事项下放重庆，该市"快递出海"步伐加 快。 据悉，"邮运通"是集寄递物流、农村电商、普惠金融等于一体的新业态新模式，旨在推进农村地 区"交、邮、商、农、供、快"(交通、邮政、商贸、农业、供销社、快递)资源整合，健全农村寄递物流 体系，优化农业社会化服务。 当天的会议现场，重庆市交通运输委员会主任何庆总结了"邮运通"发展取得的阶段性成效，对进一步推 进"邮运通"工作的关键环节、目标任务进行安排部署。 会议指出，重庆"邮运通"工作自2024年7月启动以来，在各级各有关部门、各邮政快递企业的共同努 力、创新探索下，"邮运通"改革实现了"从零到一"的突破，加速整合"交、邮、商、农、供、快"资源， 一体化打造区县、乡镇寄递物流共配中心和村级综合便民服务站，农村三级寄递物流体系更趋完善。 会议强调，2025年，要加快发展集寄递物流、农村电商、普惠金融等于一体的"邮运通" ...