Category: Flash News

On May 2, data showed that the market size of China-Chic clothing represented by new Chinese style clothing in 2024 exceeded 220 billion yuan, and it is expected to reach 250 billion yuan in 2025. The core consumer group of new Chinese style clothing is aged 25-34, and the main price range is between 500 yuan and 2000 yuan. From January 1 to April 29, 2025, the turnover of China-Chic clothing represented by the new Chinese style increased by more than 120% year on year.

On May 2, according to the news of the Chinese Academy of Sciences Shenzhen Institute of Advanced Technology, the Academy, together with researchers from Shenzhen University and the Chinese University of Hong Kong, imitated the elongated shape and wave motion ability of nematodes, developed a blood gel fiber micro robot with a diameter of 1 mm, and used magnetic field to drive this “mechanical nematode” to achieve accurate drug delivery in the animal brain. The research results were published online on May 1st Beijing time in the international authoritative journal Nature, under the umbrella of Nature Biomedical Engineering.

On May 1st, local time, Ukrainian President Zelensky signed a decree approving sanctions against multiple individuals, including former advisor to the President’s Office Oleksi Alestovich. Zelensky posted on his official social media platform on the same day that the targets of this sanction measure include 36 companies and 5 individuals providing services for Russian military production, 106 entities supporting Russia’s presence in the “Ukrainian Temporary Occupation Zone”, and 9 individuals serving Russia’s propaganda interests.

On May 1st, the meningeal lymphatic system, as the “drainage network” of the brain, maintains homeostasis by clearing metabolic waste and transporting immune cells, but its developmental regulation mechanism has always been a mystery. Du Jiulin, a researcher at the Center for Excellence and Innovation in Brain Science and Intelligent Technology of the Chinese Academy of Sciences, discovered the brain regulation mechanism of meningeal lymphatic system development, that is, neural activity dynamically regulates the expression of key factors through specific glial cell subsets, and precisely controls the development of meningeal lymphatic endothelial cells under the cross organizational cooperation of meningeal fibroblasts. The relevant research results were published online on April 30th in the international academic journal Cell.

On May 1st, UAE President Mohammed had a phone call with Russian President Putin to discuss strengthening bilateral relations within the framework of their strategic partnership. In addition, Putin also thanked the UAE for its successful mediation during the prisoner exchange process between Russia and Ukraine in April, and praised the UAE’s continued efforts in this regard. Mohammed also wished Russia and its people continuous progress and prosperity during the call.

On May 1st, the Omani Ministry of Foreign Affairs issued a statement on the afternoon of May 1st local time, stating that the fourth round of indirect negotiations between Iran and the United States, originally scheduled for May 3rd, will be rescheduled due to unforeseen circumstances. The new date will be announced after both parties agree. On the same day, the Iranian Ministry of Foreign Affairs confirmed this news. Spokesperson for the Iranian Ministry of Foreign Affairs, Bagae, stated that the reason for the delay in negotiations was based on the proposal of the Omani Foreign Minister. Bagae reiterated that Iran is willing to uphold its legitimate interests through diplomatic channels and end sanctions and economic oppression against the Iranian people.

On May 1st, real estate projects in Guangzhou and Changsha are fully preparing for the May Day holiday, with dozens of projects choosing to cluster and list before the holiday; Shenzhen has launched the ‘May Day New House Festival’; The real estate market in Nanchang has announced that it will not close during the holiday season; Chongqing will launch 20000 discounted housing units before the holiday. Why are real estate markets in various regions competing to celebrate Labor Day? Firstly, the signals of a positive market are becoming increasingly evident. Secondly, all parties have made new judgments on “stabilizing the real estate market”. Thirdly, the industry is taking action to consolidate the hard won positive trend. Therefore, not only will the real estate market be very busy this Labor Day, but I believe that after the May Day holiday, various regions will continue to be busy on how to further release demand and improve supply, and continue to implement tailored policies to activate market vitality. (CCTV News)

On May 1st, local time in Ukraine, First Deputy Prime Minister and Minister of Economy Sviridenko revealed on social media that according to the agreement reached between Ukrainian President Vladimir Zelensky and US President Donald Trump, she and US Treasury Secretary Scott Besson jointly signed the “US Ukraine Reconstruction Investment Fund Establishment Agreement”, which was previously known as the “US Ukraine Mineral Agreement”. The fourth key point of the agreement announced by Ukrainian Deputy Prime Minister Sviridenko on the same day is marked as “no debt burden”, and further explanation clearly states that “the agreement does not mention Ukraine’s debt obligations to the United States”. This part was previously one of the main differences in the agreement between the United States and Ukraine. The United States once requested that the income of the fund established in the agreement be prioritized for repaying the debt previously provided by the United States to Ukraine, and then used for Ukraine’s reconstruction; In the specific explanation of the ninth point “tax protection”, it is stated that “the United States may provide new assistance, such as providing air defense systems for Ukraine”. (CCTV News)

On May 1st, American economists stated that the new US government has frequently threatened to impose tariffs on trading partners since taking office, causing market concerns and leading to economic contraction in the first quarter. The tariff policies adopted by the US government may trigger a recession in the US economy. Tara Sinclair, an economics professor at George Washington University in the United States, pointed out that the significant policy changes made by the new US government in recent months have directly weakened the US economy. Michael Fratantony, Chief Economist of the American Mortgage Bankers Association, believes in a report that the negative impact of the US government’s tariff policies will put the Federal Reserve in a difficult position in maintaining prices and achieving sustainable employment in the United States. Gary Hufbauer, a senior fellow at the Peterson Institute for International Economics and former US Treasury official, said that US tariff policies are bringing huge uncertainty to business decision-makers, who are not only concerned about their own supply chains and customers, but also about the impact in other areas. This has led to delayed investment decisions by businesses and a sharp decline in consumer confidence, causing American consumers to postpone purchasing large items. He believes that the US economy may enter a recession in the second half of this year. (CCTV News)

On May 1st, big data analysis found that the popularity of travel during this year’s May Day holiday began to heat up on April 22nd and peaked directly on May 1st! The number of tourists is expected to increase by 8% compared to last year. In terms of domestic tourism, first and second tier cities such as Beijing, Guangzhou, Shenzhen, and Shanghai are still the “top tier”, directly attracting nearly 60% of the country’s tourists! In the week before the holiday, the number of rural tourists also increased by 12%, with Yunnan, Guizhou, Xinjiang, Hunan and other places firmly occupying the C-position in rural tourism. Analyzing international roaming data, it was found that the number of international roaming business orders increased by over 50% year-on-year in the week before the holiday. Short term outbound tourism from Japan, South Korea, Southeast Asia, and other regions accounts for over 60%. Long term outbound tourism towards Europe has also increased by 27%.