Group 1 - Approximately 70 companies have applied to purchase government-released reserve rice through "discretionary contracts," totaling over 200,000 tons [1] - The planned release of 2022 crop rice has been fully subscribed, leading the Ministry of Agriculture, Forestry and Fisheries to stop accepting further applications [1] - Remaining 2021 crop rice will be sold to small and medium-sized supermarkets and rice shops [1]

日本总务省5月23日公布4月消费者物价指数。其中，大米类价格较去年同期上涨98.4%，连续7个月刷 新历史最大涨幅。这也是自1971年有可比数据以来的最大涨幅。日本新任农林水产大臣小泉进次郎5月 21日上任当天表示，只要有需求，政府将无限量投放储备米。小泉今天又表示，政府预计最早在6月上 旬投放，在超市等零售端上架每5公斤2000日元至3000日元区间的储备米。（CCTV国际时讯） ...

巴克莱称，如果美元对人民币汇率继续下跌至7.10~7.15以下，最多可能有1000亿美元被转换成人民币 美元指数此前一度经历了10%的大跌，"去美元化"浪潮蠢蠢欲动，亚洲货币（如日元、新台币等）对美元大涨5%~10%，而人 民币升值不及2%。如今，人民币似乎开始显露升值启动的迹象。 在5月12日中美经贸会谈取得超预期进展后，13日，中国央行自4月初以来首次将人民币中间价设在7.2以下，报7.1991。而后 几日，中间价都维持在7.2以下，16日报7.1938，当日美元对离岸人民币一度下破7.2，上周收盘报7.2098。 近期，多家投行更新了对亚洲货币的预测，其中高盛对人民币的预测最为积极。该机构称，若贸易协议最终达成，美元/人民 币将有望回落至7，而出口商继续卖出美元的话，最看好的新兴亚洲货币为韩元、新台币、马来西亚林吉特和新加坡元。不 过，仍有不少机构对后续美国和欧洲、亚洲各国的贸易协议持谨慎态度。 多家接受第一财经采访的出口商和银行人士表示，中国境内出口商结汇的迹象不明显，和分红购汇的力量基本抵消。短期美 元很难持续走弱，但美元持仓过高的亚洲企业、机构会逐渐考虑在中期分散自己的货币敞口。 | | 人民币外 ...

因大米价格飙升，日本政府决定向市场投放政府储备米以平抑米价。5月16日，日本农林水产省发布消 息称，将设定优先配额以迅速送至零售商处。5至7月将持续每月投放10万吨，其中6万吨为优先配额。 农水省表示，此举旨在增加店面销量，让消费者切实感受到价格回落。此外，农水省还决定放宽参与竞 标的条件，大米回购期限从原则上1年以内延长至5年以内，以鼓励更多单位参与，拓宽流通渠道。(智 通财经) ...

Group 1 - The core viewpoint of the article highlights that China's automotive industry has achieved a historic milestone, with both production and sales exceeding 10 million units for the first time in history during the first four months of the year [2][3] - In the first four months of this year, China's automotive production reached 10.175 million units, while sales totaled 10.06 million units, representing year-on-year growth of 12.9% and 10.8% respectively [3] - New energy vehicles (NEVs) have seen significant growth, with production and sales reaching 4.429 million and 4.3 million units respectively, marking year-on-year increases of 48.3% and 46.2%, and accounting for 42.7% of total new car sales [3] Group 2 - The export of automobiles in the first four months reached 1.937 million units, reflecting a year-on-year increase of 6%, while NEV exports surged to 642,000 units, up 52.6% [3] - The China Automotive Industry Association noted that macroeconomic policies have positively influenced the automotive market, contributing to stable growth [5] - China's automotive production and sales have maintained the world's leading position for 16 consecutive years, with production rising from approximately 2.07 million units in 2000 to surpassing Japan in 2009 [5]

Group 1: Defense and Military Industry - The defense and military industry is experiencing a historic opportunity due to three overlapping turning points: accelerated order replenishment, the finalization of the 14th Five-Year Plan, and the end of the inventory destocking cycle in the aviation engine sector [2][3] - The demand for military equipment, such as missiles and long-range artillery, is seeing a historical increase as the 14th Five-Year Plan approaches its conclusion, indicating a strong recovery in industry prosperity [2] - The upcoming 15th Five-Year Plan is expected to bring new policy dividends, further enhancing growth prospects for the industry [2] - Investment opportunities are identified in low-altitude economy and military intelligence sectors, which are expected to benefit from structural shifts in military spending and have long-term growth potential in military trade exports [2] Group 2: Food Security Sector - Food security is recognized as a cornerstone of national security, with strategic synergies between defense and food security [3] - The government is accelerating agricultural upgrades through policies such as increased subsidies for agricultural machinery and the promotion of seed technology, which are expected to enhance crop yields and reduce costs [3] - The food industry is anticipated to benefit from a dual drive of policy support and technological upgrades, with a focus on the industrialization of biological breeding and leading seed companies [3] - The food sector is entering a stabilization phase, with domestic grain prices bottoming out, providing support for valuation recovery [3] Group 3: Investment Tools and Strategies - The rapid development of ETFs in recent years offers ordinary investors efficient ways to invest in national security themes, particularly in defense and food sectors [4] - The defense ETF focuses on high-prosperity segments such as aerospace and military enterprises, while the food ETF targets seed revitalization and agricultural machinery, reinforcing food security [4] - Investors are advised to consider their risk tolerance and appropriately allocate between these two types of ETFs to enhance portfolio stability and achieve sustainable returns over the long term [4]

Core Viewpoint - The article discusses the phenomenon of "involution" in China, attributing it to the country's transformation into an "economic machine" since the reform and opening-up in 1980, driven by GDP-centric performance evaluations and competition with foreign brands [2][3]. Group 1: Economic Machine and Involution - China has become an economic machine characterized by societal mobilization for economic gain, with a focus on GDP as a performance metric for local governments [2]. - The first phase of this economic machine involved domestic brands competing against foreign brands across various industries, leading to a focus on import substitution [2]. - Post-2018, the U.S. redefined China as a strategic competitor, prompting the need for China to enhance its economic capabilities, particularly in technology and manufacturing sectors [3]. Group 2: Strategies and Outcomes - The strategy of "involution" was adopted to foster competitiveness in emerging industries like electric vehicles, renewable energy, and semiconductor manufacturing, with local governments providing support to their enterprises [3]. - This approach aims to produce a few highly competitive companies that can dominate international markets, despite the high number of failures among supported firms [3]. - The article argues that this internal competition has significantly increased efficiency, although it raises concerns about fairness and social balance [3]. Group 3: Fairness and Distribution - The government has implemented policies to ensure relative fairness, such as maintaining public ownership and monopolies in critical industries, which do not participate in involution [4]. - The distribution system in China is portrayed as more equitable than that of the U.S., with various social welfare programs aimed at improving living standards and reducing poverty [5]. - The article emphasizes that the current system, which combines state capitalism in production with socialist principles in distribution, is superior in addressing social issues compared to the U.S. model [5].

Group 1 - Spot gold prices fell sharply, reaching a daily low of $3207 per ounce, while both WTI and Brent crude oil prices increased by over 3% [1] - Saudi Aramco reported an increase in sales volumes for natural gas, refined products, and chemical products in the first quarter [2] - Major oilfield service companies in the U.S. indicated a challenging period ahead due to recent declines in oil prices, leading producers to reduce drilling activities and reconsider budgets [2] Group 2 - Japan's Prime Minister hinted at increasing corn imports as part of U.S. trade negotiations [2] - The analysis firm APK-Inform revised Ukraine's 2025 grain harvest forecast down by 3.8% to 55.3 million tons [2] - JPMorgan forecasts that gold prices could reach $6000 per ounce by 2029 [3]

金十数据5月8日讯，随着日本大米价格持续走高，该国最大的大米收购商和批发商团体日本农业协同工 会(农协)大幅提高收购秋季稻米的预付款。日本广播协会7日说，这被视作大米市场价格基准，对日本 普通消费者而言，今年秋季或将迎来更高的大米市场零售价。据日本共同社报道，日本农林水产省5月7 日发布的最新数据显示，日本大米价格连续17周创新高，截至4月27日的一周，市场上一袋5公斤装大米 均价为4233日元(213元人民币)，是上年同期的两倍多。 （央视新闻） 日本米价连续17周创新高 今年秋季可能更贵 ...

智通财经5月4日电，亚洲开发银行宣布推出一系列计划，将其对亚太地区长期粮食与营养安全领域的支 持扩大260亿美元，从而使2022至2030年间粮食安全倡议的资金总规模增至400亿美元。今日宣布追加的 260亿美元资金将由亚行直接支持相关政府的185亿美元和投向私营部门的75亿美元组成。援助资金将用 于一项覆盖从种植、加工到流通、消费等粮食生产全过程的综合计划。 亚行：到2030年对粮食安全的支持将达400亿美元 ...