Author: xjadmin

On May 16th, Geng Shuang, Deputy Permanent Representative of China to the United Nations, stated at the commemoration event of Palestine’s “Disaster Day” that China will continue to work tirelessly with all peace loving countries to promote the implementation of the “two-state solution” and achieve a comprehensive, just and lasting solution to the Palestinian issue as soon as possible, making Palestine’s “Disaster Day” forever a thing of the past.

On May 16th, the Gaza Strip health department stated that since the early morning of that day, Israel’s military operations in the Gaza Strip have caused at least 121 deaths. Several Palestinian media outlets previously reported that on that day, the Israeli military launched military operations in central Gaza, including Deir ez Zor, southern Khan Younis, northern Jabaliya, and Gaza City, resulting in multiple casualties.

On May 16th, the US Supreme Court stated that it is cautious about President Trump’s decision to restrict birthright citizenship rights, as the justices are debating how much power federal judges should have to prevent the White House from implementing controversial policies nationwide. During the first oral debate on parts of the Trump administration’s reforms, the US Supreme Court expressed its intention to limit the use of the so-called nationwide ban. But key judges have expressed concerns that doing so could result in Trump’s planned birth citizenship restriction measures taking effect before the Supreme Court makes a ruling on their legality.

On May 16th, the National Oilseed Producers Association (NOPA) reported that soybean oil inventory in the United States was 1.527 billion pounds in April 2025, with a market expectation of 1.412 billion pounds, and 1.498 billion pounds in March 2025; The soybean crushing volume in the United States in April 2025 is 1902.26 million bushels, with a market expectation of 184.642 million bushels, and in March 2025 it is 194.551 million bushels.

Xinhua News Agency, Ningbo, May 15 (Reporter Zheng Keyi, Liu Che) On May 15, the 2025 meeting of the Advisory Committee of the “the Belt and Road” International Cooperation Summit Forum was held in Ningbo, Zhejiang Province. Focusing on the theme of “high-quality co construction of the the Belt and Road and building an open, inclusive, interconnected and common development world”, the Advisory Committee held in-depth discussions on international cooperation on the “the Belt and Road”, trade and investment liberalization and facilitation, digital economy and artificial intelligence cooperation and other topics.

It is reported that this China Europe freight train carries a total of 55 40 foot containers, loaded with about 293 tons of goods from the Beijing Tianjin Hebei region. It departs from Beijing, exits through the Erenhot port, and is expected to travel for about 15 days to reach the capital of Belarus, Minsk.

The first China Europe freight train from Beijing to Minsk, loaded with car parts, departed today. (Image provided by China Railway Beijing Bureau)

To ensure the safety and efficiency of train transportation, the railway department implements the “five priority” policy of priority planning, priority air allocation, priority loading, priority hanging, and priority release, opening up a “green channel” for train operation. The Beijing Railway Logistics Center has established a dedicated service team composed of key personnel from marketing, scheduling, safety, and other departments to develop service plans for the entire process of train transportation and provide one-on-one exclusive services for enterprises. In response to the large volume of specially designed automotive parts, a loading and reinforcement plan is formulated to guide enterprises in loading and evenly stacking goods, track the operation information of trains throughout the process, provide timely feedback to customers, and coordinate the resolution of related transportation needs.

The operation of the train has further expanded the international logistics channel connecting Beijing and various countries in Asia and Europe, enhancing the influence of Chinese products in the international market. At the same time, it will also make positive contributions to the smooth trade and economic prosperity of the “the Belt and Road” countries.

On May 15th, Shen Xiaoming, Secretary of the Hunan Provincial Party Committee, held talks with Wu Qing, Secretary and Chairman of the China Securities Regulatory Commission, and his delegation in Changsha. Shen Xiaoming, on behalf of the Provincial Party Committee and Provincial Government, welcomed Wu Qing and his delegation and expressed gratitude to the China Securities Regulatory Commission for its long-term concern and support for Hunan. He said that Hunan is deeply studying and implementing the important speech and instructions of General Secretary Xi Jinping on Hunan’s work, and continuously striving to build the “three highlands”. Hunan will fully leverage its comparative advantages in industrial foundation, innovative resources, and comprehensive costs, and strive to make the economic contribution that a major province should make to the overall development of the country. I hope the China Securities Regulatory Commission will continue to provide more guidance and support to Hunan. Wu Qing thanks Hunan for its strong support to the work of the China Securities Regulatory Commission. He stated that the China Securities Regulatory Commission conscientiously implements the decisions and arrangements of the Party Central Committee and the State Council, improves the institutional mechanisms supporting the development of new quality productive forces, deepens the comprehensive reform of investment and financing, stabilizes the market and expectations, and promotes the stable and healthy development of the capital market. I hope to strengthen communication and cooperation with Hunan in better leveraging the functions of the capital market, promoting the improvement of the quality of listed companies, and facilitating the formation of regulatory synergy, in order to assist Hunan’s high-quality development. (Hunan Daily)

On May 15th, billionaire Steve Cohen stated that the likelihood of the United States falling into an economic recession is currently around 45%. We haven’t fallen into a recession yet, but economic growth has slowed significantly, “said the founder of hedge fund Point72 Asset Management in a speech at the Sohn Investment Conference held in New York on Wednesday. Cohen said he expects the Federal Reserve not to immediately cut interest rates because “they will be concerned about inflation caused by tariffs. He expects the US economic growth rate to slow down to 1.5% or lower next year, “okay, but not too surprising

① Pending the convening of the Thomas Laubach research conference by the Federal Reserve; ② Pending direct negotiations between Zelensky and Putin; ③ 09:30 Australian April seasonally adjusted unemployment rate; ④ 14:00 Initial GDP annual rate for the first quarter of the UK, three-month GDP monthly rate for March, quarterly adjusted goods trade account for March, and industrial and manufacturing output month for March; ⑤ 14:45 Final monthly CPI rate for April in France; ⑥ 16:00 IEA releases monthly crude oil market report; ⑦ Revised annual GDP rate for the first quarter of the Eurozone at 17:00, final quarterly adjusted employment rate for the first quarter, and monthly industrial output rate for March; ⑧ At 20:30, the number of initial jobless claims in the United States for the week ending May 10th, the monthly retail sales rate for April, the annual and monthly PPI rates for April, the May New York Fed Manufacturing Index, the May Philadelphia Fed Manufacturing Index, and the March wholesale sales rate for Canada; ⑨ At 20:40, Federal Reserve Chairman Powell delivered a speech at the meeting.

On May 15th, banking institutions continued to issue technology innovation bonds (hereinafter referred to as “Sci Tech Innovation Bonds”) in large quantities, and bond funds are rapidly flowing into technology innovation enterprises. On May 16th, Shanghai Bank will soon issue the first batch of science and technology innovation bonds for 2025, with an issuance scale of 5 billion yuan. According to publicly available information on China Money Network, as of May 14th, 9 banks have issued announcements related to the issuance of the first phase of science and technology innovation bonds in 2025. Among them, 8 banks have completed their issuance, namely China Development Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of Communications, Industrial and Commercial Bank of China, Shanghai Pudong Development Bank, Hangzhou Bank, and Bohai Bank. The total issuance scale of the above-mentioned 9 banks’ sci-tech innovation bonds will reach 120 billion yuan. Multiple banks have stated that the raised funds will be precisely directed towards the field of technological innovation, providing financial support for the growth and expansion of technology innovation enterprises.