瑞霆狗（RatingDog）宣布与标普全球达成协议，获得“标普全球中国PMI”（原财新PMI）的独家冠名权，指数将正式更名为“RatingDog中国PMI”。更名后的指数将继续于每月首个工作日（制造业PMI）和第三个工作日（服务业PMI）发布。🗒️Ratingdog第一大股东为中证信用，由东吴证券、国泰君安、广发证券、安信证券等35家机构合资成立。外汇交易员 (@myfxtrader):中国7月标普全球制造业PMI录得49.5，预期50.4，前值50.4。(财新7月起终止对标普中国PMI的冠名)标普全球市场：中国制造业自2023年10月后第二次录得产量下降，调查企业反映新订单增速放缓，厂商相应减产。厂商反映外需疲软，新出口订单已连续4个月收缩，且较6月加剧。https://t.co/4eWCWIpcNz https://t.co/2px2vIDPvj ...

Economic Overview - China's GDP reached 66 trillion RMB, growing by 5.3% year-on-year, equivalent to approximately 9.19 trillion USD, accounting for 62% of the US GDP [1][14] - The first half of the year saw total imports and exports of 21.8 trillion RMB, with exports at 13 trillion RMB, reflecting a growth rate of 7.2% [3] Export Dynamics - Despite a significant drop in exports to the US, overall exports remained positive, driven by increased trade with ASEAN, which saw a 13% rise, making it the largest buyer [3] - Exports to the EU increased by 6.6%, while Latin America, the Middle East, and Africa experienced double-digit growth [3] Investment Trends - National fixed asset investment grew by 2.8% in the first half of the year, but excluding real estate, the growth rate surged to 6.6% [6] - Real estate development investment decreased by 11%, but the decline narrowed from 14% at the beginning of the year to 9% by June, indicating the effectiveness of policies aimed at stabilizing the housing market [8] Manufacturing Sector - The industrial growth rate for large-scale manufacturing was 6.4%, with equipment manufacturing exceeding 10% and high-tech manufacturing at 9.5%, indicating a shift of investment towards sectors capable of producing advanced technologies [8] Consumer Behavior - Retail sales totaled 24.5 trillion RMB, with a growth rate of 5%, but the Consumer Price Index (CPI) was at -0.1%, suggesting weak demand [10] - Consumer sentiment is affected by concerns over housing, education, and healthcare costs, leading to increased savings rather than spending [11][12] Future Outlook - The stability of infrastructure and manufacturing sectors is expected to continue, while the recovery of the real estate market hinges on consumer willingness to take on debt [7] - The economic landscape is characterized by a search for new markets in exports, structural adjustments in investments, and cautious consumer spending [16]

Group 1 - The article discusses the "Xiamen Development Strategy" initiated by Xi Jinping in the 1980s, focusing on urban construction, environmental protection, and prioritizing people's well-being [6] - The series report emphasizes the importance of translating planning blueprints into practical actions to address development challenges and enhance people's livelihoods [6] Group 2 - In the first five months of this year, China's service trade import and export totaled 32,543.6 billion yuan, showing a year-on-year growth of 7.7%, with exports increasing by 15.1% and imports by 2.7% [8] - The latest data from the National Taxation Administration indicates that tax reductions and refunds supporting technological innovation and manufacturing exceeded 636.1 billion yuan in the first five months [9] Group 3 - Shenzhen has developed an innovative ecosystem for consumer-grade smart digital products, such as panoramic cameras, which are gaining global popularity [11]

Group 1 - China's service trade grew by 7.7% year-on-year in the first five months of this year [3] - Tax reductions and refunds for technological innovation and manufacturing exceeded 600 billion yuan in the first five months [4] - The cumulative trading volume of China's futures market increased by 17.82% in the first half of the year [6] Group 2 - The Shandong aircraft carrier's open activities in Hong Kong attracted nearly 20,000 visitors [7] - The first batch of offshore wind power project units, located at the farthest distance, has connected to the grid for power generation [6] - The international logistics park of the Shanghai Cooperation Organization in Lianyungang has completed a cumulative logistics volume of 365 million tons over ten years [6]

Group 1 - The National Taxation Administration reported that tax reductions and refunds supporting technological innovation and manufacturing reached 636.1 billion yuan in the first five months of this year, accelerating high-quality development in these sectors [1] - Tax policies have been effectively implemented to ensure that benefits reach businesses quickly, with high-tech enterprises receiving 140.7 billion yuan in tax reductions from a 15% corporate income tax rate, and advanced manufacturing receiving 415.8 billion yuan in VAT reductions and refunds [1] - The tax incentives are aligned with national strategic development, supporting the transformation and optimization of technological innovation and manufacturing, which is beneficial for long-term growth [1] Group 2 - High-tech industry sales revenue increased by 14.2% year-on-year, significantly outpacing the overall national growth rate, indicating rapid growth in innovative industries [2] - The core digital economy sector grew by 10% year-on-year, with national enterprise spending on digital technologies increasing by 9.7%, reflecting orderly progress in the integration of digital and real economies [2] - Manufacturing sales revenue grew by 4.2% year-on-year, with advanced manufacturing sectors like computer and smart equipment manufacturing seeing sales increases of 21.6% and 19.4% respectively, demonstrating the positive impact of tax reduction policies on business transformation and innovation [2]

特朗普的中东之行充斥着令人眼花缭乱的数字，沙特和卡塔尔轮番上阵，许诺对美投资动辄上万亿美 元，但这些天文数字的投资承诺能否最终兑现，值得推敲。 特朗普此次中东之行为期四天，到访第一站是沙特。据白宫新闻稿披露，沙特王储萨勒曼最初承诺在四 年内向美国追加6000亿美元投资， 但特朗普声称这一数字可能达到1万亿美元。沙特王储也表态，沙特 将努力推动在美国投资额达到1万亿美元。 特朗普在沙特-美国投资峰会上得意地表示，"看看以前得那些总统，他们有时几年都拉不到一万亿美 元，而我们基本上用了两个月就做到了。" 在卡塔尔， 特朗普收获了一个更大的礼包 。白宫的公告称， 特朗普在卡塔尔签署的协议旨在促成价值 至少1.2万亿美元的"经济交换"（economic exchange） ，包括卡塔尔航空公司从波音购买160架商用 飞机的2000亿美元大单。 然而，这些数字究竟是真金白银还是只是为了制造一些哄特朗普开心的轰动性头条？ 国际货币基金组织估计，沙特阿拉伯维持财政收支平衡的石油价格为每桶96美元。这意味着只有油价保 持在这一水平，沙特才能维持其全方位的福利体系并控制政治不满。 而卡塔尔的GDP更是仅有2000多亿美元，这使 ...