Core Viewpoint - The "Miao Xuan Yinchuan" agricultural product promotion event aims to enhance consumer engagement and showcase the region's agricultural strengths, leveraging the recognition of Yinchuan as one of China's top ten ecological food cities [2]. Group 1: Event Overview - The event is part of the "Buy in China · Love Ningxia" initiative and marks the launch of a series of economic activities in Yinchuan [1]. - The "Miao Xuan Yinchuan" brand has been recognized as a public brand for ecological agricultural products, highlighting the region's agricultural development achievements [2]. Group 2: Consumer Engagement - The event featured a bustling exhibition area with 20 agricultural enterprises and cooperatives, showcasing a variety of high-quality products such as goji berries, fresh fruits, and prepared dishes [2]. - Interactive games, such as "roll the dice to win agricultural products," attracted families and created a lively atmosphere [2]. Group 3: Product Sampling and Sales - The product tasting area was particularly popular, with items like beef jerky and spicy rabbit meat drawing significant interest, leading to immediate purchases from consumers [4]. - The Yinchuan Agricultural and Rural Bureau set up a special area featuring high-quality agricultural products that had previously appeared at international exhibitions, enhancing local visibility [4]. Group 4: Strategic Development - The event not only promoted the "Miao Xuan Yinchuan" brand but also explored the integration of agriculture with cultural tourism and commerce, paving the way for future development [4].

Core Viewpoint - The Chinese Ambassador to the U.S., Xie Feng, emphasized that agriculture should not be politicized and that farmers should not bear the brunt of trade wars, highlighting a significant decline in U.S. agricultural exports to China, particularly soybeans [1][2]. Group 1: Agricultural Trade Impact - U.S. agricultural exports to China fell by 53% year-on-year in the first half of the year, with soybean exports specifically decreasing by 51% [1]. - The ambassador pointed out that farmers are facing challenges following the "spring plowing difficulties" and are now looking at potential "autumn harvest difficulties" [1]. Group 2: Political and Economic Cooperation - Xie Feng criticized the politicization of agriculture, stating that restrictions on Chinese citizens and companies purchasing farmland are a guise for political manipulation under the pretext of national security [1]. - He called for both countries to work together to implement the important consensus reached by their leaders and to enhance cooperation through the economic dialogue mechanism [1]. Group 3: Industry Collaboration - The event was co-hosted by the U.S. Soybean Export Council and the China Chamber of Commerce for Import and Export of Foodstuffs, with participation from industry associations, agricultural enterprises, scholars, and farmer representatives [2]. - Xie Feng urged industry associations and enterprises to actively combat the politicization of trade issues and to foster a healthy and sustainable development of China-U.S. agricultural cooperation [1].

Group 1: Consumer Price Index and Inflation - The overall consumer price index in Japan, excluding fresh food, is reported at 111.6 (2020=100), reflecting a year-on-year increase of 3.1%, maintaining above 3% for the eighth consecutive month [1] - Food prices, excluding fresh agricultural products, have risen by 8.3%, marking a continuous increase for 12 months; rice prices have surged by 90.7%, nearly doubling from the previous year [3] Group 2: Impact of Weather and Agricultural Prices - Extreme summer heat has led to poor harvests of rice and vegetables, driving up fresh food prices; the average price of a 5-kilogram bag of rice reached 3737 yen, an increase of 195 yen from the previous week [6] - The average price of tomatoes is 40% higher than the average over the past five years, with other vegetables like cucumbers, eggplants, and carrots also seeing sustained price increases [8] Group 3: Government Subsidies and Support Measures - Local governments are implementing subsidy policies to alleviate the financial burden on residents due to rising prices [8] - Fukui Prefecture's Wakasa Town is distributing local shopping vouchers worth 10,000 yen to all residents, usable from August 9 to December 31, as part of ongoing welfare initiatives [18]

1. Report Industry Investment Rating - No relevant content provided 2. Core View of the Report - This week, the bond market followed the stock market. The influence of the stock index on the bond market weakened. Short - term focus on stock market changes: a strong stock market will suppress the bond market, while a stock market correction will benefit bond bulls. The trading strategy is for trading - type investors to conduct band operations [2][35][36] 3. Summary by Relevant Catalogs 3.1 Treasury Bond Futures Weekly Market Review - This week, the main contracts of treasury bond futures opened lower with a gap on Monday and then fell sharply, fluctuated horizontally on Tuesday, fell sharply on Wednesday, rebounded after hitting the bottom on Thursday, and declined slightly on Friday. The 30 - year treasury bond fell 1.05%, the 10 - year treasury bond fell 0.52%, the 5 - year treasury bond fell 0.28%, and the 2 - year treasury bond fell 0.03% [5] - As of August 22, the maturity yield curve of treasury bond cash bonds shifted upward in parallel compared with August 15. The 2 - year, 5 - year, 10 - year, and 30 - year treasury bond yields rose by 3, 4, 3, and 3 basis points respectively [8] 3.2 Fiscal Revenue and Expenditure Data - In July, the national general public budget revenue was 2027.3 billion yuan, a year - on - year increase of 2.65%, and the expenditure was 1946.6 billion yuan, a year - on - year increase of 3.04%. From January to July, the cumulative general public budget revenue increased by 0.1% year - on - year, and the expenditure increased by 3.4% year - on - year [11] - In July, national tax revenue was 1801.8 billion yuan, a year - on - year increase of 5.0%, and non - tax revenue was 225.5 billion yuan, a year - on - year decrease of 12.9% [13] - From January to July, the national government - funded budget revenue was 2312.4 billion yuan, a year - on - year decrease of 0.7%, and the expenditure was 5428.7 billion yuan, a year - on - year increase of 31.7% [16] 3.3 Unemployment Rate - In July, the unemployment rate of the 16 - 24 age group (excluding students) in urban areas was 17.8%, higher than the same period last year by 0.7 percentage points; the 25 - 29 age group was 6.9%, higher than the same period last year by 0.4 percentage points; the 30 - 59 age group was 3.9%, the same as the same period last year [19] 3.4 South Korean Export Data - In the first 20 days of August, South Korea's exports increased by 7.6% year - on - year. Semiconductor exports were 8.71 billion US dollars, a year - on - year increase of 29.5%, accounting for 24.5% of the total exports in the first 20 days of August, up 4.2 percentage points from the same period last year [21] 3.5 New Home Sales Data - Since June, the decline rate of the national new home sales area has accelerated. From January to March, the average daily trading area of commercial housing in 30 large and medium - sized cities was 2.36 million square meters, a year - on - year increase of 2.5%. From August 1 to 20, it was 1.8 million square meters, a year - on - year decrease of 16% [23] 3.6 Price Data - As of August 22, the 200 - index of agricultural product wholesale prices was 115.53. Prices showed a slight upward trend in the first 22 days of August, but the upward slope was much lower than the same period last year. In July, energy prices increased by 1.6% month - on - month, affecting the CPI to rise by about 0.12 percentage points. The average domestic refined oil price in August was lower than that in July [25] - The Nanhua Industrial Products Index declined slightly in the first 22 days of August. After reaching a closing high on July 25, it continued to decline. Short - term inflation pressure is limited [28] 3.7 Capital Interest Rate Data - This week, capital interest rates increased. The weighted average of DR001 was 1.45%, and it fell to 1.41% on Friday. The weighted average of DR007 was 1.52%, and it fell to 1.47% on Friday. The average issuance interest rate of one - year AAA inter - bank certificates of deposit was 1.67%, higher than last week's average of 1.64% [31][32] 3.8 Treasury Bond Futures Market Logic and Trading Strategy - In July, China's fixed - asset investment growth rate was significantly lower than market expectations. Retail sales of consumer goods, industrial added value, and the service industry production index were all lower than expected. Real estate sales and prices continued to decline, while exports exceeded expectations. The central bank will implement a moderately loose monetary policy, and the State Council will take measures to stimulate consumption, expand investment, and stabilize the real estate market [35] - The trading strategy is for trading - type investors to conduct band operations [36]

Core Viewpoint - The speech by Chinese Ambassador to the U.S. Xie Feng highlights the challenges faced by the agricultural cooperation between China and the U.S. due to rising protectionism, emphasizing the need to separate agriculture from political conflicts [1] Summary by Relevant Sections Agricultural Trade - In the first half of the year, U.S. agricultural exports to China decreased by 53%, with soybean exports dropping by 51% [1] - The decline in agricultural exports poses significant challenges for farmers in both countries, who rely on good harvests and prices for their livelihoods [1] Political Context - Xie Feng argues that agriculture should not be politicized and that farmers should not bear the brunt of trade wars [1] - The claim that Chinese investments threaten U.S. food security is dismissed, noting that Chinese investors hold less than 0.03% of U.S. agricultural land [1] Diplomatic Efforts - Following a recent round of talks in Stockholm, both countries' economic teams have reached a joint statement, indicating a willingness to implement the consensus reached by the leaders of both nations [1] - The emphasis is placed on enhancing cooperation, reducing misunderstandings, and sharing development benefits to return to a win-win situation [1]

Core Points - The 33rd Guangzhou Expo and the first Guangzhou Consumption Assistance Exhibition were held, showcasing unique products from the Xinjiang Production and Construction Corps' Third Division, Tumuqike City [2][6][12] - The exhibition aimed to promote consumption assistance and foster collaboration within the Greater Bay Area, featuring over 320 enterprises and an exhibition area of 20,000 square meters [7][8] - Tumuqike City highlighted its agricultural and cultural tourism products, including the renowned Tumuqike winter jujube, which has received multiple awards and recognitions [31][32][29] Group 1 - The Guangzhou Consumption Assistance Exhibition focused on the theme "Consumption Assistance, Win-Win Together," inviting nearly 1,000 purchasing representatives for precise matchmaking [6][9] - Tumuqike City showcased its unique cultural heritage and agricultural products, leveraging its geographical advantages to promote local specialties [13][14][41] - The exhibition featured Tumuqike's signature products such as winter jujubes, oilsha beans, and various fresh fruits, which attracted positive feedback from attendees [18][25][29] Group 2 - Tumuqike City aims to enhance its agricultural and cultural tourism brand recognition in the Greater Bay Area by collaborating with local businesses and addressing consumer needs [46][48] - The city has made significant strides in integrating cultural tourism with agriculture, aiming for rapid development in the tourism sector through innovative cultural activities [41][43] - The successful promotion of Tumuqike's products in the Greater Bay Area is expected to strengthen the city's economic ties and improve the quality of assistance provided [49][50]

宜昌伍家岗40余场主题活动激发消费热 超百万人次共赴"伍家夜宴" 8月22日晚，"伍家夜宴"活动现场人头攒动。（湖北日报全媒记者 夏晓君 摄） 据悉，这场持续3天的消费盛宴汇聚43家美食摊位、六大汽车品牌及多家农产品展商，通过"线上＋线 下"双轮驱动，进一步释放夜间经济活力。"伍家夜宴"是宜昌市重点打造的夜间经济品牌，此前四季累 计吸引游客超百万人次。 本次第五季活动延续"政府引导、市场运作、社会参与"模式，推出台湾味道、中南YEAH市、雪花啤酒 三大主题专区，并设置汽车科技展区、助农公益展销专区，同步开展电音潮玩、啤酒挑战赛等互动项 目，为市民提供集美食、娱乐、科技于一体的消费体验。 今年以来，伍家岗区以"政策 活动 场景"三位一体模式持续激发市场活力。5月，第三届宜昌肥鱼美食嘉 年华3天吸引客流19万人次，带动商圈消费超300万元；同月举办的汽车消费季活动，在省、市、区三级 补贴叠加下，7天售车816辆，销售额达1.2亿元。 据统计，今年1月至7月，伍家岗区社会消费品零售总额完成154.28亿元，增幅7%。政策精准滴灌、活 动四季接力、场景跨界融合，成为伍家岗区促消费的鲜明特色。伍家岗区商务局负责人介绍， ...

Core Viewpoint - The provincial intellectual property bureau has issued guidelines to implement a trademark brand strategy, aiming to enhance brand legal protection, market value realization, and economic development, thereby improving the competitiveness and sustainable development of local enterprises [1] Group 1: Trademark Brand Strategy Implementation - The province currently has 750,000 registered trademarks, but there are gaps in brand building and trademark resource integration [1] - Many enterprises lack awareness of trademark management and usage post-registration, leading to a "heavy registration, light usage" phenomenon [1] - The strategy aims to support enterprises in using trademarks as a starting point for brand strategy, ensuring stable brand development and market competitiveness [1] Group 2: Brand Cultivation - Focus on building a multi-level trademark development system, emphasizing the cultivation of distinctive agricultural brands, particularly for the province's top ten specialty agricultural products [2] - Promote the integration of trademarks and patents in manufacturing and high-tech industries, fostering well-known trademark brands supported by technological innovation [2] - Enhance brand awareness in the service industry, guiding sectors like tourism and dining to create differentiated service brands [2] Group 3: Brand Protection - Implement a targeted protection strategy through the "Trademark Empowering Brand Strengthening" initiative, focusing on key enterprises with brand development potential [2] - Utilize big data to improve the efficiency of identifying infringement clues and establish a legal consultation and infringement warning network [2] - Strengthen overseas trademark registration guidance and create a cross-border rights protection service platform to reduce risks for enterprises expanding internationally [2] Group 4: Brand Operation - Streamline the value conversion path by facilitating trademark transaction channels and encouraging enterprises to engage in licensing and pledge financing [3] - Innovate financial service models to promote the development of trademark pledge loans and related insurance products [3] - Enhance grassroots service capabilities by establishing trademark brand guidance stations and promoting best practices [3]

Core Points - The United States and the European Union have reached an agreement on a trade framework, indicating a shift towards closer cooperation in technology, security, and commerce [1] - The agreement includes a reduction of tariffs, with the US imposing a maximum of 15% tariffs on EU products, while the EU will eliminate many tariffs on US goods [1] - The framework encompasses 19 areas, including agriculture, automobiles, aircraft, semiconductors, energy, environmental regulations, cybersecurity, and digital trade barriers [1] Group 1 - The EU plans to procure at least $40 billion worth of US artificial intelligence chips and align on technology security standards to prevent sensitive technology from reaching "relevant destinations," primarily targeting China [1][2] - The EU is committed to large-scale purchases of US energy products, including liquefied natural gas, oil, and nuclear energy, with expected purchases reaching $750 billion by 2028 [2] - European companies are set to invest an additional $600 billion in strategic sectors in the US and increase military and defense equipment procurement [2] Group 2 - The agreement marks a significant shift in EU-US relations, moving away from previous tensions and reflecting a decision by the EU to deepen cooperation with the US [2] - The resumption of economic security cooperation includes bilateral investment reviews and export controls aimed at limiting China's access to advanced technologies [2]

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