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Real-time News
On May 14th, He Yongqian, spokesperson for the Ministry of Commerce, stated at a regular press conference that, in accordance with the work deployment of the "Special Action Plan for Boosting Consumption" issued by the General Office of the CPC Central Committee and the General Office of the State Council, the Ministry of Commerce, together with the Ministry of Finance and the State Taxation Administration, will fully launch the prize-winning invoice campaign before the 2026 Spring Festival, conducting pilot programs in 50 cities including Beijing and Shanghai. Currently, all work is progressing steadily, and the pilot programs effectiveness is rapidly becoming apparent, mainly in three aspects. First, the campaigns popularity continues to rise. As of May 13th, over 2.6 million merchants from eight major industries, including retail and catering, participated in the prize-winning invoice pilot program, with over 520 million people uploading invoices for the lottery. "Issuing invoices for consumption" and "lottery with invoices" have become hot topics. Second, the campaign experience is constantly being enriched. Third, the effect of boosting consumption is significant. The prize-winning invoice policy effectively promotes sales growth and stimulates offline consumption by increasing customer traffic and attracting customers. As of May 13th, the 50 pilot cities have invested 4.89 billion yuan in prize money, with invoices totaling 208.82 billion yuan participating in the campaign.Turkish central bank governor: The current account deficit as a percentage of GDP will be lower than the long-term historical average in 2026.According to the Financial Times, British manufacturers have warned that changes to steel tariffs will cause serious problems.On May 14th, He Yongqian, spokesperson for the Ministry of Commerce, stated at a regular press conference that, according to the latest data released by the General Administration of Customs, in the first four months of 2026, my countrys total import and export value of goods reached 16.23 trillion yuan, a year-on-year increase of 14.9%, continuing its positive growth trend. Among them, imports and exports of machinery and electronic products increased by 19.5%, demonstrating strong economic activity. Currently, the external environment remains complex and volatile, and factors such as the slowdown in global economic growth and the escalation of geopolitical conflicts may still have some impact on my countrys foreign trade. However, overall, the fundamental trend of my countrys long-term positive foreign trade outlook remains unchanged, and the basic foundation remains solid. We firmly believe that, with the joint efforts of all parties, my countrys foreign trade can maintain a steady and progressive development momentum with improved quality and efficiency throughout the year, continuing to make positive contributions to global economic and trade development.On May 14, Foreign Ministry Spokesperson Guo Jiakun hosted a regular press conference. A reporter asked about the Taiwan issue. Guo Jiakun stated that the Taiwan issue is the most important issue in China-US relations. Handling it well will maintain overall stability in bilateral relations; handling it poorly will lead to clashes or even conflict, pushing the entire China-US relationship into a very dangerous situation. "Taiwan independence" and peace across the Taiwan Strait are incompatible. Maintaining peace and stability across the Taiwan Strait is the greatest common denominator between China and the US. The US must handle the Taiwan issue with utmost caution.
