布伦特原油日内大涨3.00%，现报94.08美元/桶。

Chengdu Municipal Party Committee and Chengdu Municipal Government issued Opinions on accelerating construction of a national advanced manufacturing base, instructing an industrial-innovation program to speed development of artificial intelligence, the low‑altitude economy (drones and urban air mobility) and green hydrogen. The plan directs upgrades to support industries including integrated circuits, new displays and aerospace, and calls for capacity enhancement in intelligent connected vehicles, rail transit and biomedicine to cultivate new industrial pillars and build manufacturing clusters.

May RatingDog China manufacturing PMI 51.8, down 0.4 percentage points from April. Production and demand remain in expansion but momentum slowed; output rose but at a weaker pace. Total new orders continued to expand more slowly; new export orders declined from April into contraction. Cost and price pressures eased: input-material price gains narrowed and output price growth decelerated; firms’ pass‑through moderated. Overall manufacturing expansion slowed but underlying activity remains stable; continued new orders and output support the sector and easing cost pressure helps profit prospects, while weaker external demand is a downside risk.