Macroeconomics 1. [Electric Power] National Energy Administration: As of the end of June, the country's cumulative installed power generation capacity stood at 4.04 billion kilowatts, a

Macroeconomics 1. [US Tariffs] On July 21 (local time), US President Trump announced via social media that all generic drugs imported into the US would continue

On the domestic front, the sale of state reserve cotton is set to launch soon, leading to a projected short-term increase in market supply. Meanwhile,

China Cotton Network Report: The latest data from the General Administration of Customs shows that China’s cotton imports in June 2026 totaled approximately 110,000 tonnes,

Macroeconomics 1. [LPR] Authorized by the People's Bank of China, the National Interbank Funding Center announced that on July 20, 2026, the Loan Prime Rates (LPR)

Macroeconomics 1. [US-Iran Conflict] Sources revealed that Iran has told Yemen's Houthi rebels to blockade the Bab el-Mandeb Strait if the US attacks Iran's power grid.

Macroeconomics 1. [GDP] National Bureau of Statistics: Preliminary estimates show that China's Gross Domestic Product (GDP) for the first half of the year totaled 69.5704 trillion

According to the cotton supply and demand report released by the U.S. Department of Agriculture (USDA) in July 2026, global cotton supplies for the 2026/27

Macroeconomics 1. [Reverse Repo] On July 15, 2026, the People's Bank of China will conduct an outright reverse repo operation totaling 1.4 trillion RMB. The operation

On July 14, 2026, China Cotton Reserve Management Co., Ltd. issued the "Detailed Rules for the Sale of Central Cotton Reserves (2026)," specifying that the

In early July, domestic and international cotton prices continued to diverge: domestic prices surged before pulling back, while international prices fluctuated with a bullish bias.

Macroeconomics 1. [Boosting Consumption] The State Council has approved the "15th Five-Year Plan for Expanding Consumption." The goal is for the overall scale of the consumer

Macroeconomics 1. [Electricity Consumption] The National Development and Reform Commission (NDRC) announced that on July 10, national electricity load hit a record high of 1.518 billion

Macroeconomics 1. [Carbon Peak Action] The State Council has issued the "Action Plan for Carbon Peaking during the 15th Five-Year Plan Period." By 2030, China aims

Macroeconomics 1. [Foreign Exchange Reserves] Statistics from the State Administration of Foreign Exchange show that as of the end of June 2026, China's foreign exchange reserves

During the first week of July, cotton prices saw a significant rise, driven by a combination of sustained high temperatures in major domestic production areas

Short-term high temperatures will boost cotton prices. From a medium to long-term perspective, low inventories and reduced production in the new season will support cotton

In June 2026, the domestic cotton market exhibited a fluctuating downward trend characterized by two rallies followed by two pullbacks. According to data from the

Price trend According to data from the SunSirs commodity market analysis system, as of June 25, the domestic spot price for Grade 3128B lint cotton was