Approved by the State Council, the Ministry of Finance will issue 30 billion yuan of bills in Hong Kong in 2023.

Shanxi Zhangze Elec Power stated on the interactive platform that the current coal price under long-term contracts is lower than the market coal price, and the market coal price is set to fall.

According to foreign news on May 31, an analyst at Macquarie said that with the rapid increase in Indonesian production, the global nickel market is expected to face a supply glut every year, at least until 2027.

According to a new report from the global market research agency TrendForce, global sales of new energy vehicles surged in the first quarter of 2023, and Tesla has regained some market share through price adjustments.

SMM recently conducted a survey of Chinese transport infrastructure companies with regard to their operations in May.

In May, production at infrastructure enterprises continue to pick up. In terms of production, the construction progress of infrastructure enterprises has accelerated, but the number of new projects decreased month-on-month, and enterprises have reported that it was more difficult to win bids.

The PMI for the transport infrastructure sector stood at 50.13 in May, down 1.78 points MoM and 1.21 points YoY.

SMM recently conducted a survey of Chinese automakers with regard to their operations in May.

The PMI for the automobile sector stood at 50.60, up 0.48 point month-on-month, but down 0.11 point year-on-year. The seasonally-adjusted composite index came in at 49.57, up 0.47 point on the month, but down 0.17 point on the year.

In May, the automobile industry as a whole maintained a relatively fast pace of production. Compared with passenger vehicles, the production of commercial vehicle companies was relatively weak, and the operating rates were relatively low.