USD/CNY exchange rate: 7.1677 (market reference price: 7.1793)
① China Council for the Promotion of International Trade: The global trade friction index remained high in May, with the value of trade friction decreasing by 37.8% month-on-month.
② Hunan's agricultural machinery exports increased by 109.5% in the first half of the year, with explosive growth in exports to Germany.
③ New Yale University research: US footwear and apparel prices may rise significantly in the short term.
④ India officially rescinded the BIS mandatory certification requirement for acetic acid, methanol, and aniline.
⑤ Pakistan allows Chinese companies in the Gwadar Free Zone to retain 50% of export earnings.
⑥ South Korea has added 7-hydroxymitragynine to the list of ingredients in foreign food and other products prohibited from import into South Korea.
⑦ Australia announced the upcoming expiration of its anti-dumping and countervailing measures on precision steel pipes from China.
⑧ Russia will mandate real-name authentication for cross-border e-commerce sellers starting in October 2026.
⑨ Chery becomes the first Chinese company to export over 5 million vehicles.
⑩ With foreign trade surpassing domestic trade for the first time, Guangzhou Port reaffirms its position as a hub for attracting domestic and international businesses.
