Domestic News 1. The State Council Executive Meeting reviewed and approved the "15th Five-Year Plan for Implementing the Employment-First Strategy," studied relevant work on promoting new industrialization, and researched relevant work on future ind

2026-06-05

Domestic News 1. The State Council Executive Meeting reviewed and approved the "15th Five-Year Plan for Implementing the Employment-First Strategy," studied relevant work on promoting new industrialization, and researched relevant work on future industrial development. 2. The General Office of the State Council issued guiding opinions on strengthening supervision, preventing risks, and promoting the high-quality development of private equity investment funds. 3. The Ministry of Housing and Urban-Rural Development publicly solicited opinions on the "Draft Amendments to the Regulations on the Management of Housing Provident Funds." 4. The People's Bank of China publicly solicited opinions on the "Regulations on the Management of RMB Deposit and Loan Interest Rates." 5. A spokesperson for the Eastern Theater Command issued a statement regarding the transit of a Dutch warship through the Taiwan Strait. International News 1. Foxconn's May revenue surged nearly 40%, with AI servers becoming the largest revenue source. 2. Federal Reserve's Hammark: It may soon be time to adjust interest rates. 3. Trump: The jobs report is very strong; the stock market should rise; economic growth does not mean inflation. 4. US non-farm payrolls increased by 172,000 in May, exceeding expectations; the combined increase in jobs in March and April was revised upward by 93,000. The market has fully priced in a 25 basis point rate hike by the Federal Reserve before the end of the year. 5. Middle East Situation— ① Omani ports briefly suspended operations due to attacks. ② Iran denies agreeing to transfer some enriched uranium to a third country. ③ Iranian media: Iran drove two US destroyers away from the Gulf of Oman. The US military denies that Iran fired warning shots at the US warships.