Category: Flash News

On April 5th, the Chinese government stated its opposition to the United States’ indiscriminate imposition of tariffs on all trading partners, including China, under various pretexts. It stated that “pressure and threats are not the correct way to deal with China,” and that “the essence of China US economic and trade relations should be mutual benefit and win-win. At the same time, China announced a series of countermeasures. The world can see from this that in the face of unilateralism, protectionism, and economic bullying, China has demonstrated a great power spirit of “not causing trouble and not afraid of trouble”, as well as a firm determination to safeguard its sovereignty, security, and development interests, and a clear position to urge the United States to return to the correct track of consultation and cooperation with China. China and the United States have different historical cultures, social systems, and development paths. Since the normalization of bilateral relations, although there have been many ups and downs, many stories of cooperation and win-win situations have been written, and a correct way of getting along has been summarized in practice, which is “mutual respect, peaceful coexistence, and win-win cooperation”. In the field of economy and trade, trade between China and the United States has grown more than 200 times in 45 years, with deep integration of industrial and supply chains, forming a mutually beneficial relationship of “you in me, I in you”. Both sides benefit from each other’s development and have a strong willingness to deepen cooperation. It should be said that maintaining stable economic and trade relations between China and the United States and jointly expanding the “cooperation cake” is the unanimous expectation of the people and business communities of both countries. Nowadays, the United States is indeed facing some developing problems, such as insufficient competitiveness in the manufacturing industry and challenges to some previously strong industries. However, the US government has wrongly chosen to “get sick and others take medicine”, blindly shirking responsibility and blaming others, frequently imposing tariffs, and even exerting extreme pressure. Not only has it failed to solve the existing problems, but it has also caused significant impacts on the global market and international economic and trade order. As early as 2018, when the United States initiated its first trade war with China, domestic public opinion widely believed that it had “made American consumers bear the main losses”. This time, the US still cannot achieve the expected gains through the trade war, which has almost become a common judgment among international public opinion, including the US media. Whether in the past or now, China has always insisted on dialogue and communication, striving to enhance consensus. China adheres to a consistent and clear attitude: there is no winner in trade wars and tariff wars; The United States must not base its interests on sacrificing the legitimate interests of countries around the world. Some Western media have called China’s “11 arrows in a row” countermeasures a “quite important warning” to Washington. It should be clarified that China’s actions taken in accordance with the law to safeguard its sovereignty, security, and development interests are never aimed at harming American businesses and consumers. China has always demonstrated its determination to make every effort to put the China US relationship on the right track, while also demonstrating its firm will not tolerate the US trampling on world economic and trade rules, undermining the stable relationship that has already formed between China and the US, and endangering the legitimate rights and interests of Chinese enterprises and consumers. It should be noted that only mutual respect between China and the United States can lead to harmonious coexistence. The stability of China US relations is vital to the interests of the two peoples and the development of the world. China is deeply aware of this, so it will not engage in confrontation, zero sum games, nor politicize and weaponize economic and trade issues. Instead, it will inject stability and constructiveness into China US relations and push bilateral relations back on track. Regardless of the relationship between China and the United States, China’s policy towards the United States has always maintained stability and coherence, injecting positive energy into the dialogue around the economic and trade relations between the two countries at all levels, and has also been widely welcomed and respected by the international community. A simple truth is that if the relationship between China and the United States is a so-called ‘whoever takes advantage, whoever suffers’ one, then it is impossible to maintain the overall momentum of forward development in China US relations. In 2024, the trade volume between China and the United States increased by 3.7% against the trend, reaching a scale of 688.28 billion US dollars. Since the beginning of 2025, executives from various industries in the United States have visited China and regarded technological innovation as a new growth point for cooperation, continuing to increase investment in China. These developments all point to a clear fact: even in the face of protectionism and unilateral sanctions, the essence of economic complementarity between China and the United States remains unchanged, the resilience of China US economic and trade relations is beyond imagination, and win-win cooperation is the optimal solution for the development of China US relations. As the world’s top two economies, China and the United States should have a relationship of “co travelers and win-win partners” in the new round of technological revolution and industrial transformation. The rapid development of artificial intelligence, the increasing demand for green transformation in the world, and the deepening dependence on global industrial chains have all provided new opportunities for China and the United States to explore cooperation space together. History tells us that when there are more favorable winds and fewer unfavorable winds between China and the United States, it is a golden period for the vigorous development of economic and trade cooperation between the two countries and the deep integration of industrial chains. This not only creates more job opportunities and brings abundant economic benefits to both countries, but also enhances the well-being of people in both countries and even the world. No matter how the situation changes, the fundamental fact that the common interests of China and the United States far outweigh their differences remains unchanged. The historical logic of peaceful coexistence between China and the United States will not change, and the universal expectations of the world’s people for the stable development of China US relations will not change. We hope that the US and China will move towards each other, resolve differences and conflicts through equal consultation, and build a solid foundation for world peace and prosperity with their own words and actions.

On April 6th, the latest data from the Ministry of Transport showed that during the three-day Qingming holiday, it is expected that there will be about 790 million cross regional personnel movements in the whole society, setting a new high for travel volume during the Qingming holiday. Preliminary statistics show that during the three-day Qingming Festival holiday, the expected cross regional personnel flow in the whole society is about 790 million, with an average of 264 million people per day, an increase of 7.1% compared to the same period last year.

On April 6th, according to the Yanbian Prefecture government in Jilin Province, in order to better meet the rigid and improved housing needs of urban and rural residents, accelerate the construction of a new model for real estate development, Yanbian Prefecture recently issued the “Implementation Plan for Promoting High quality Development of Real Estate”, which includes 29 specific measures in optimizing financial policies, expanding subsidy scope, supporting real estate enterprises to relieve difficulties, and regulating market order, further promoting the high-quality development of real estate in Yanbian Prefecture. The Plan specifies the need to optimize financial policies and reduce the cost of home ownership for homebuyers. For households using commercial loans to purchase housing, there is no longer a distinction between first and second homes, and the minimum down payment ratio can be reduced to 15%. The Plan clearly states that the scope of subsidies should be expanded and the tax and fee reductions and exemptions should be increased. Subsidies will be given to those who purchase newly-built commercial housing within the state, with subsidies of no less than 100 yuan/square meter for areas below 100 square meters; Subsidies of no less than 10000 yuan per set shall be provided for 100-140 square meters (including 140 square meters); Subsidies of no less than 15000 yuan per set shall be provided for areas over 140 square meters; Families with two children will receive a subsidy of no less than 20000 yuan per property for purchasing a house; Families with three children will receive a subsidy of no less than 30000 yuan per set, and the subsidy cannot be combined for enjoyment. At the same time, in terms of purchasing property rights parking spaces and garages, a subsidy of no less than 5000 yuan per parking space can also be enjoyed. For the one-time purchase of 3 or more newly-built commercial residential properties from the same real estate company, the company is encouraged to provide a subsidy of 200-500 yuan per square meter based on the purchased area. In the transaction of buying and selling houses, different deed tax rates are applied according to the area and number of units. If a person buys a house again within one year of selling the house, the personal income tax already paid can be refunded, further reducing the burden of buying a house.

On April 6th, over a thousand protests were held across the United States on April 5th, opposing the recent policies of the US government. The protest locations included New York, Chicago, Boston, Seattle, Los Angeles, and others. The organizers of the protest event stated that this is the largest collective protest that has erupted in the United States since Trump took office as president on January 20th. The measures taken by the US government to reduce labor rights, undermine the healthcare system, and lead to a sustained increase in the cost of living for the entire population are the main reasons that have sparked public protests. (CCTV International News)

On April 6th, CITIC Securities pointed out that the US tariff measures on April 2nd exceeded expectations, but the overall performance of the A-share market was better than expected, highlighting market resilience. On the contrary, the sharp decline in the US stock market highlights the trend of “rising in the east and falling in the west”. The current market focus is shifting towards the annual report season, and investors will return to fundamentals, paying attention to the actual performance of companies. At the same time, given the escalation of global trade conflicts, China’s countermeasures are also a focus of market attention and one of the main factors affecting market trends. Overall, the market needs to reasonably anticipate the pace of policies, and the current focus is on the implementation and implementation of existing policies. In the future, measures such as accelerating domestic demand and introducing incremental policies can be considered to stabilize market sentiment, enhance market resilience, and hedge against the impact of US tariffs.

On April 6th, Germany has stored over 1200 tons of gold reserves in the Federal Reserve Bank’s vault for decades, with a total value of billions of euros at current prices. According to recent reports from Western media such as Germany and the UK, due to the uncertain economic policies of the current US government, Germany is considering withdrawing its gold reserves from the US. Analysts point out that if Germany withdraws its gold reserves from the United States, it would mean questioning the safety and credibility of the Federal Reserve, which could trigger a chain reaction: as geopolitical tensions intensify, more countries will withdraw their gold reserves stored in the United States. In the current situation where the United States is engaged in a “tariff war” and the US Germany trade relationship is tightening, the potential trend of Germany withdrawing its gold reserves will also exacerbate economic friction between the two sides.

On April 6th, it was learned from the Provincial Department of Economy and Information Technology that under the “two new” policies, Zhejiang’s manufacturing industry is accelerating towards “new”. From January to February, industrial investment grew 8.9% year on year, technological transformation investment grew 12.8% year on year, and manufacturing investment grew 8.5% year on year, 6.8, 10.7, and 6.4 percentage points higher than the whole society’s fixed assets investment, respectively, laying a good foundation for a good start to the first quarter. (Zhejiang Daily)

On April 6th, Citibank has serious doubts about the feasibility of the joint venture between Intel and TSMC, believing that considering the differences in manufacturing and operation, TSMC’s cooperation with Intel or the joint venture’s approach may not be successful. Citibank even suggested that Intel should completely withdraw from its chip foundry business and focus on its core CPU business.

On April 6th, Meta released a new set of artificial intelligence models in its Llama series on Saturday – Llama 4. There are a total of four new models in this series: Llama 4 Scout, Llama 4 Maverick, and Llama 4 Behemoth. Meta states that all of these models have been trained on “a large amount of unlabeled text, image, and video data” to provide them with “broad visual comprehension capabilities”. Meta AI has been updated to use the Llama 4 model in 40 countries. Currently, multimodal functionality is only available in English in the United States.

On April 6th, a spokesperson for the Houthi armed forces issued a statement stating that the armed forces conducted a combat operation against enemy warships in the northern Red Sea, using multiple cruise missiles and drones to strike multiple warships, including the USS Truman aircraft carrier. In addition, the Houthis also attacked a US supply ship that provided supplies to the USS Truman aircraft carrier.