The General Offices of the Central Committee of the Communist Party of China and the State Council issued the "Opinions on Continuously Promoting the Urban Renewal Initiative." The main objectives are as follows: By 2030, significant progress will be made in the implementation of the urban renewal initiative, with continuous improvement in the institutional mechanisms for urban renewal. Initial results will be achieved in the transformation of urban development and construction methods, a more solid foundation for safe development, continuously enhanced service efficiency, a significantly improved living environment, a more diversified economic landscape, effective protection of cultural heritage, more prominent urban characteristics and styles, and cities becoming spaces for the high-grade life of the people.

The Shanghai Municipal Bureau of Statistics released the 2024 economic performance of Shanghai. Data shows that in 2024, the transaction volume of Shanghai's financial market reached 365 trillion yuan, up 8.2% YoY. Among them, the transaction volume of the interbank market grew by 3.7%, the transaction volume of securities on the Shanghai Stock Exchange increased by 13.1%, and the transaction volume of the Shanghai Futures Exchange rose by 25.0%.

[SMM Weekly Hot-rolled Steel Coil Balance & Social Inventory Summary] Expectations of Demand Improvement Frustrated, Social Inventory Accumulates Again This Week This week, SMM's statistics show that the nationwide social inventory of hot-rolled steel coils in 86 warehouses (large sample) totaled 4.8965 million tonnes, an increase of 71,800 tonnes or 1.49% from the previous week, and an increase of 18.65% year-on-year based on the Gregorian calendar. Regionally, except for a decrease in inventory in the Northeast and North China markets, the East China, Central China, and South China markets continued to accumulate inventory, with the accumulation rate expanding. In detail...

SHANGHAI, Jun 2 (SMM) - This is a roundup of China's metals weekly inventory as of June 2.

SHANGHAI, May 19 (SMM) - This is a roundup of China's metals weekly inventory as of May 26.

SHANGHAI, May 19 (SMM) - This is a roundup of China's metals weekly inventory as of May 18.

This is a roundup of China's metals weekly inventory as of May 12.

This is a roundup of China's metals weekly inventory as of May 5.

This is a roundup of China's metals weekly inventory as of April 28.

This is a roundup of China's metals weekly inventory as of April 21