On June 1, 2026, at a China–Portuguese-speaking countries CBDC seminar in Macau, China National Petroleum and Bank of China completed the first multilateral CBDC bridge transaction between Macau and Hong Kong, which they said will boost cross-border funding efficiency in the Guangdong-Hong Kong-Macao Greater Bay Area. The companies also executed Macau's first 'currency bridge' CBDC transfer to the UAE, opening a direct renminbi settlement channel into the Middle East.

On June 2 NDRC director Zheng Zhajie chaired a roundtable with seven state-owned enterprises — China COSCO Shipping Group, China Coal Technology & Engineering Group, China Resources Recycling Group, China Logistics Group, China Data‑Link Logistics Information Co., China International Freight Airlines and China Shenhua Coal‑to‑Liquids & Chemicals — focusing on deepening SOE reform, advancing a unified national market, promoting green low‑carbon development and ensuring energy security. Zheng called for targeted, problem‑oriented measures to optimize and restructure the state sector, strengthen SOE capabilities in technological innovation, industrial control and security support, and boost internal incentives. He directed SOEs to lead the buildout of unified market infrastructure and modern distribution networks, to implement China’s dual‑carbon strategy by accelerating green transition and clean, efficient coal use while safeguarding energy supplies, and to set an example in supporting private and small‑and‑medium enterprises to promote complementary development across ownership types.

Federal Reserve's Hammack said if the inf trend does not cool, the Fed may need to act 'as soon as possible'.