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Sichuan Governor Shi Xiaolin met BYD Chairman Wang Chuanfu in Chengdu on July 1. They discussed stepping up BYD’s investment in Sichuan under the province’s 15th Five-Year development plan, including expanding existing project production lines, scali

2026-07-01

Sichuan Governor Shi Xiaolin met BYD Chairman Wang Chuanfu in Chengdu on July 1. They discussed stepping up BYD’s investment in Sichuan under the province’s 15th Five-Year development plan, including expanding existing project production lines, scaling capacity and increasing openness. The parties agreed to promote pilot deployment of rapid-charging technologies, explore integrated new-energy storage and computing–power models, and cultivate automotive aftermarket value-added services, framing cooperation within national policy guidance and market-based logic to support high-quality regional industrial development.

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2026-07-01

Following a speech by Bank of England Governor Bailey, the pound fell more than 20 points against the dollar in the short term (GBP/USD).

Following a speech by Bank of England Governor Bailey, the pound fell more than 20 points against the dollar in the short term (GBP/USD).
2026-07-01

1. Shenzhen's housing market saw record-high transaction volume in June, the highest in nearly six years. 2. Beijing's existing home sales reached a record high of 16,618 units in June, with over 90,000 units sold in the first half of the year. 3.

1. Shenzhen's housing market saw record-high transaction volume in June, the highest in nearly six years. 2. Beijing's existing home sales reached a record high of 16,618 units in June, with over 90,000 units sold in the first half of the year. 3. China Index Academy: Sales revenue of 100 major real estate companies increased by 11.8% month-on-month in June. 4. China Index Academy: Land acquisition by key real estate companies in the first half of the year decreased by 33.7% year-on-year. 5. Chengdu's land auctions concluded in the first half of the year, with transaction area decreasing by approximately 40% year-on-year. 6. A residential land parcel in Chongqing was sold at the reserve price of 223 million yuan. 7. Longfor Group's major shareholder has recently increased its holdings multiple times. 8. Binjiang Group: Sales revenue reached 43.15 billion yuan from January to June. 9. Hong Kong's housing market saw both price and volume increases in the first half of the year; industry experts expect a healthy consolidation period in the second half. 10. Shanghai's fifth batch of centralized land supply resulted in transactions worth 12.572 billion yuan; experts say bidding activity remains high, indicating significant market vitality. 11. US single-family home prices fell slightly month-over-month in April. 12. Despite declining mortgage costs, UK house prices remain stagnant. 13. Economists: Australia's 30-year real estate supercycle is nearing its end.
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