The State Council Information Office will hold a press briefing at 15:00 on Tuesday, June 23, 2026, to outline full-chain measures to expand auto consumption. MOFCOM Vice Minister Sheng Qiuping and officials from the Ministry of Industry and Information Technology, the Ministry of Culture and Tourism, and the governments of Hangzhou and Chengdu will present and answer questions.

Chubb CEO Evan Greenberg said US efforts to reopen shipping lanes through the Strait of Hormuz should gradually increase vessel traffic, but the security situation remains highly unstable and can change day-to-day or hour-to-hour. He identified sea mines as the biggest uncertainty and said only a single narrow channel is currently usable, constraining the number of ships able to transit. The US Navy is working to open wider passages, and Greenberg said shipping activity will rise incrementally as that work progresses.

MOFCOM vice minister and deputy chief trade negotiator Ling Ji said at a State Council press briefing on June 22 that although foreign capital has both entered and exited China in recent years, overall inflows have exceeded outflows. He said China remains the largest developing-country recipient of foreign investment and a major global cross-border investment destination. Actual utilized FDI has fluctuated over the past three years, but annual net additions have stayed above $100bn. In the first five months of this year inward investment composition improved and incremental inflows remained stable, indicating continued resilience in China’s ability to attract foreign capital.