Group 1 - The core initiative is the "Hundred Events and Ten Thousand Enterprises" supply-demand matching activity launched by Jinan's Industrial and Information Technology Bureau, aiming to enhance industrial supply and demand connections and boost consumption [1][2] - As of now, 183 supply-demand activities have been held, covering over 5,400 enterprises, indicating significant engagement and outreach [1] - Future plans include a focus on three key areas: precise matching of supply and demand, market expansion for enterprises, and optimization of the ecological environment [2][3] Group 2 - The initiative will establish three lists for supply and demand, focusing on 13 iconic industrial chains and 34 key industrial chains, with plans for at least four matching events per year for each iconic chain [2] - There will be ongoing efforts to support small and medium-sized enterprises in integrating into the supply chain and enhancing collaboration across the industrial chain [2] - The program aims to create a collaborative development framework across the city, promoting resource integration and industry cooperation [2]

Domestic News - China's Vice Premier He Lifeng met with Citigroup Chairman and Carlyle Group CEO, emphasizing the resilience and vitality of the Chinese economy, and inviting foreign financial institutions to invest in China [1] - The Ministry of Commerce reported that the subsidy policy for digital products has successfully led to over 50 million units being subsidized, with 48.84 million consumers purchasing 51.48 million digital products, generating sales of 143.26 billion yuan [2] - The Ministry of Industry and Information Technology and other departments launched the "Hundred Events, Ten Thousand Enterprises" initiative to enhance collaboration between small and medium-sized enterprises and larger companies, aiming to improve supply chain resilience [2] International News - Japan's consumer price index, excluding fresh food, rose by 3.5% year-on-year in April, with rice prices surging by 98.4%, marking the highest increase since 1971 [6] - The UK's retail sales increased by 1.2% month-on-month in April, surpassing market expectations [6] - Germany's first-quarter GDP showed a year-on-year decline of 0.2%, better than the expected decline of 0.4% [6] - France's consumer confidence index for May was reported at 88, below the expected 93 [6] Market Overview - The Shanghai Composite Index closed at 3348.37, down 0.94% [7] - The Shenzhen Component Index fell by 0.85% to 10132.41 [7] - The Hang Seng Index increased by 0.24% to 23601.26 [7] - The onshore RMB appreciated by 163 points to 7.1895 [7] - WTI crude oil prices decreased by 0.34% to $60.99 [7] - COMEX gold prices rose by 1% to $3356.9 [7]

Core Viewpoint - The Ministry of Industry and Information Technology, along with three other departments, has initiated the "Hundred Events and Ten Thousand Enterprises" integration and connection activities for small, medium, and large enterprises by 2025, aiming to enhance collaboration and resource sharing among different enterprise sizes [1] Group 1 - The initiative aims to establish and improve channels for integration and connection among large, medium, and small enterprises [1] - It focuses on gathering resources from intellectual property service institutions, higher education institutions, research institutes, and financial institutions [1] - The program intends to create platforms for communication, showcasing, services, and connections between small and large enterprises [1] Group 2 - The initiative seeks to enrich and expand the breadth, dimensions, and depth of integration and connection [1] - It aims to promote the involvement of more small and medium enterprises in the innovation chain and supply chain of large enterprises [1] - The goal is to collaboratively respond to external risks and challenges while enhancing the resilience and security of the industrial and supply chains [1]