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1.April Domestic Market Cell Phone Shipments of 18.079 Million Units, Down 34.2% Year-on-year

According to “China Academy of Information and Communications CAICT” WeChat official account on May 25, 2022 April, the domestic market shipments of cell phones 18.079 million, down 34.2% year-on-year, of which 14.585 million 5G cell phones, down 31.9% year-on-year, accounting for 80.7% of cell phone shipments in the same period.

2.CCP Central Bank and CBIRC Release Strong Signals to Accelerate the Delivery of Loans

The reporter learned yesterday that the CCP Central Bank and the CBIRC held an analysis of the monetary and credit situation of major financial institutions on the 23rd, to analyze and study the credit situation and deploy the current and next phase of credit work. 24 major financial institutions and the CCP Central Bank, the CBIRC relevant departments and branches of the main responsible person to participate in The meeting was attended by 24 major financial institutions as well as relevant departments and branches of CCP Central Bank and BIRC.

3.2022 Cross-industry Cross-discipline Industrial Internet Platform List Announced

According to the Ministry of Industry and Information Technology on May 25, recently, the Ministry of Industry and Information Technology announced the list of cross-industry cross-sector industrial Internet platforms in 2022, including Tencent WeMake industrial Internet platform, Baidu open thing industrial Internet platform, Foxconn Industrial Internet Co. .

4.Price Gouging of Coal Operators Will Be Punished According to Law

According to the National Development and Reform Commission on May 25, the National Development and Reform Commission issued a notice (No. 4 of 2022) on the clarification of price gouging by operators in the field of coal, putting forward the specific behavior of coal price gouging performance. According to the “Provisions on Administrative Punishment for Price Violations” (Order of the State Council of the People’s Republic of China No. 585), the operator has the behavior of price gouging, the relevant departments may order it to correct, confiscate the illegal income and impose a fine of up to five times the illegal income; no illegal income, a fine of more than 50,000 yuan to 500,000 yuan, the more serious circumstances of more than 500,000 yuan to 3 million yuan. In serious cases, ordered to suspend business rectification or revoke the business license.

5.January-April National Total Social Logistics 106.2 Trillion Yuan, An Increase of 3.6% Over the Same Period

According to the China Federation of Logistics and Purchasing news on May 25, January to April, the national total social logistics 106.2 trillion yuan, at comparable prices, an increase of 3.6% year-on-year. From the growth rate, the total social logistics fell 3.0% year-on-year in the same month, and the cumulative growth rate fell 2.6 percentage points from the previous period. Analysis said that in April, the growth rate of logistics demand fell significantly, the momentum of market scale recovery slowed down, logistics capacity, articulation level fell, logistics operating costs rose, the profitability of enterprises continued to decline.

6.Tax levying Deferred on 1447 Imported Cars is over 410 Million in Shanghai

May 24, 2022, recently, there are several batches of imported cars through the direct transport to the Waigaoqiao Port Comprehensive Free Trade Zone storage mode to protect the car into the border, greatly alleviating the financial pressure of enterprises. Data statistics, since this year, the port of Waigaoqiao port has been through the mode to protect 1447 cars into the border, the value of nearly 2 billion yuan, enterprises can pay taxes and fees for more than 410 million yuan.

7.State Council Encourages More REITs Projects to Be Issued and Listed

On May 25, the State Council issued the “Opinions on Further Revitalizing Stock Assets and Expanding Effective Investment”, which requires focusing on key areas, key regions and key enterprises, and effectively revitalizing stock assets by promoting the healthy development of REITs and other means.

8.Xiamen Also Made a Move! Multi-child Families Can Buy More Houses

“Xiamen Real Estate Association” micro-signal 25 combing the recent local real estate-related policy changes revealed that Xiamen to support multi-child families to improve housing needs, to serve the national fertility policy adjustment, with two children and above (at least one minor) of Xiamen households can buy the third set of self-occupied commercial housing in the city.

【G Translators- Financial Team】
Author: 和理非