Key Points - The Chinese government aims to improve the carbon emission rights and water rights trading systems by 2027, establishing a sound pollution discharge rights trading system and enhancing the market mechanisms for energy conservation [1] - The Ministry of Commerce of China urges the U.S. to stop discriminatory restrictions against China, emphasizing the need to maintain the consensus reached during the Geneva high-level talks [1] - Fujian Province's Marine and Fisheries Bureau has reached a cooperation intention with Huawei to develop a digital ocean economy, focusing on the integration of various domains [1][4] - The Chinese government has identified 404 enterprises as key cultural export companies for 2025-2026, including Migu Culture Technology Co., Ltd. [2] Domestic News - The Chinese government has issued opinions to deepen the market-oriented allocation of resource and environmental factors, aiming for a more active trading market and improved pricing mechanisms by 2027 [1] - The expected cross-regional personnel flow during the Dragon Boat Festival is projected to reach 687 million, a 7.7% increase compared to the same period in 2024 [3] - The revenue of large-scale light industry enterprises from January to April reached 7.35 trillion yuan, with a year-on-year growth of 4.9% [3] International News - Elon Musk announced that Tesla will deliver Model Y autonomous vehicles in June, with successful testing on public roads [5] - The Bank of Korea has lowered its benchmark interest rate by 25 basis points to 2.50% to mitigate economic growth risks [5] - The UK service sector confidence has hit a two-and-a-half-year low amid rising cost pressures [6]