On June 27, a new round of funding to support consumer goods trade-in programs has been allocated. The third batch of ultra-long-term special treasury bonds for 2026, totaling 62.5 billion yuan, designated for the consumer goods trade-in initiative, has recently been distributed to local authorities. As of June 20, 2026, sales from the trade-in program have exceeded 1 trillion yuan, benefiting 136 million consumers. The National Development and Reform Commission, in collaboration with the Ministry of Finance, has issued these funds. Moving forward, relevant departments will continue to guide local governments in managing the program's pace appropriately, ensuring balanced expenditure of subsidy funds, conducting efficient and standardized review and payouts, strengthening full-chain closed-loop management, and enhancing the effectiveness of central government fund utilization.
China's outbound direct investment across all sectors reached 506.95 billion yuan in the first five months of the year, marking a 3% year-on-year increase. According to statistics from the Ministry of Commerce and the State Administration of Foreign Exchange, from January to May 2026, China's total outbound direct investment was 506.95 billion yuan. Within this total, Chinese investors conducted non-financial direct investment in 6,081 overseas enterprises across 142 countries and regions, amounting to 381.46 billion yuan, which represents a decrease of 13.8%.
Key Consumer Goods in Beijing Experience Slight Price Drops
Data from the municipal price monitoring center indicates that on the 26th, wholesale egg prices continued to fall, with retail prices edging down slightly. Wholesale vegetable prices saw a modest decline, while retail prices at community greengrocers rose slightly. Prices for pork, grain, and oil remained largely stable.
Beijing's Fiscal Revenue for First Five Months Hits 314.63 Billion Yuan
Fiscal revenue and expenditure data for Beijing from January to May 2026, released by the Beijing Municipal Finance Bureau, shows that the city's general public budget revenue reached 314.63 billion yuan in the first five months, a year-on-year increase of 6.0%. This figure represents 45.3% of the annual budget target, exceeding the expected progress for the period by 3.6 percentage points.
Over Half of Beijing's Regular Passenger Car Quotas Allocated to "Car-Free Families"
According to the Beijing Municipal Motor Vehicle Regulation Office, at 10:00 AM on June 26, the city allocated a total of 9,600 regular passenger car quotas for families and individuals, with family and individual applicants entering a common pool for the lottery. An additional 400 quotas were allocated to organizations. Results from the lottery show that 5,365 quotas were assigned to families and 4,235 to individuals, meaning over half of the quotas were won by "car-free families."
Beef Prices in Tianjin Market Unchanged from Last Week
Data from the Tianjin Price Affairs Center shows the average price for boneless beef in the current period was 35.53 yuan per 500 grams, unchanged week-on-week but up 5.06% year-on-year.
Vegetable Prices Decline in Hebei Province
According to data from the Hebei Provincial Price Monitoring Service Center, the average price of vegetables in the current period was 2.50 yuan per 500 grams, representing a week-on-week decrease of 3.85%, a month-on-month increase of 6.38%, and a year-on-year increase of 2.88%.
Prices of Key Daily Necessities in Beijing on June 26 (Unit: yuan/500g or 5L)
Name, Average Farm-gate Price, Daily Change (%), Average Supermarket Price, Daily Change (%)
Bok Choy, 2.33, 0.87, 2.82, 0.36
Celery, 2.06, -0.48, 2.17, -0.46
Cucumber, 2.03, 0.50, 1.91, -1.55
Tomato, 2.49, -0.40, 2.71, -0.37
Chinese Cabbage, 1.96, 0.00, 1.90, -0.52
Spinach, 2.77, 0.00, 3.43, -0.58
Lettuce, 2.48, 0.00, 2.93, 0.00
Flour, 2.19, 0.00, 2.10, 0.00
Japonica Rice, 3.11, 0.00, 3.08, 0.00
Luhua Peanut Oil, 148.11, -0.07, 157.17, 0.00
Fresh Pork, 11.51, 0.26, 14.77, -0.27
Fresh Beef, 34.11, 0.00, 42.40, 0.00
Fresh Mutton, 37.61, 0.00, 44.44, -0.16
Eggs, 5.62, -0.88, 5.97, -0.50
(Data Source: Beijing Municipal Price Monitoring Center)
"200 Index" for Wholesale Agricultural Product Prices Declines
Monitoring by the Ministry of Agriculture and Rural Affairs shows that on June 26, the "200 Index" for wholesale agricultural product prices stood at 111.22, down 0.06 points from the previous day. Among the 46 key varieties monitored in domestic wholesale markets for fresh agricultural products, the top five price declines were for watermelon, pineapple, chicken, green pepper, and eggplant, with decreases of 4.4%, 4.3%, 2.0%, 1.9%, and 1.4% respectively.
China's Trade in Goods and Services Reaches 4.732 Trillion Yuan in May
Data released by the State Administration of Foreign Exchange shows that in May 2026, China's international trade in goods and services reached a total of 4,732 billion yuan. Exports of goods and services amounted to 2,598.2 billion yuan, while imports were 2,133.8 billion yuan, resulting in a surplus of 464.4 billion yuan. Key service trade items included: travel services (170.2 billion yuan), transport services (141.3 billion yuan), other business services (140.4 billion yuan), and telecommunications, computer, and information services (63.8 billion yuan).
Pork Prices Continue Downward Trend
Influenced by factors including the onset of the traditional low consumption season, pork prices have hit new lows. On June 25, the price for live pigs (foreign三元) was reported at 9.51 yuan per kilogram, falling further from the previous day and marking a new low in nearly two months. The price for live pigs (domestic三元) was 9.82 yuan per kilogram, up slightly by 0.09 yuan from the previous day but still remaining at a low level seen over the past two months. It is anticipated that hog prices will continue to fluctuate at the bottom in the short term, with a potential trend of stabilization and recovery possibly emerging in the fourth quarter.
Spot Prices for Rebar Under Pressure
Since mid-May, rebar prices have shown a volatile downward trend, with the national average price accumulating a drop of 145 yuan per ton. Entering the rainy season, spot prices for rebar have continued to fall. Faced with rising raw material costs and shrinking demand, spot prices are being squeezed from both sides, compressing profits. However, production levels remain high, and with demand in a seasonal lull, prices are expected to remain under pressure.
Apple Increases Prices on Multiple Products
Apple has announced a global price increase for products including Mac, iPad, and Vision Pro. Domestic official websites adjusted prices overnight, with new prices taking effect simultaneously across online official channels and physical retail stores. The smartphone product line was not affected this time. The price hikes for individual items range from 800 to 3,500 yuan, with mainstream models seeing increases concentrated between 15% and 25%. The Mac Studio saw the highest increase, while popular devices like the iPad, MacBook Air, and MacBook Pro all saw price rises in the thousands of yuan.
International Gold Prices Rose on Friday
Spot gold increased by 1.35%, closing at $4,081.02 per ounce.
International Oil Prices Fell on Friday
The price for light sweet crude oil for August delivery on the New York Mercantile Exchange fell by $2.69 to settle at $69.23 per barrel, a decline of 3.74%. The price for Brent crude for August delivery fell by $3.27 to settle at $71.99 per barrel, a drop of 4.34%.
LME Copper Futures Prices Rose on Friday
Three-month copper on the London Metal Exchange increased by 0.5%, settling at $13,345.50 per tonne.
Baltic Dry Index Fell on Friday
The overall index declined by 2.59%, closing at 2,524 points.
RMB Central Parity Rate Against USD Strengthened on Friday
Data from the China Foreign Exchange Trade System shows that on June 26, the central parity rate of the renminbi against the US dollar was set at 6.8166, representing an appreciation of 43 basis points from the previous day.
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