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June 25 – The Ministry of Ecology and Environment held its regular June press conference today (June 25). Officials stated that my country has entered its main flood season, and in response to the severe situation of potentially large fluctuations in water quality during this period, the Ministry has acted swiftly and made arrangements. Regarding abnormal water quality fluctuations during the flood season, the Ministry will promptly conduct analysis and consultations, providing point-to-point guidance to local authorities to identify the causes and accelerate rectification. Simultaneously, it will promote joint risk assessment and collaborative countermeasures between upstream and downstream areas, as well as between left and right banks of river basins, to avoid situations where "upstream pollution leads to downstream liability" or "left-bank remediation leads to right-bank relapse," thus forming a closed-loop management system for problem assignment, rectification implementation, and follow-up evaluation.
Assistant Secretary for Public Affairs at the U.S. State Department, Johnson: The U.S. Embassy in Caracas reports that all U.S. personnel have been confirmed safe following the earthquake in Venezuela.
On June 25th, the Chongqing Municipal Development and Reform Commission drafted the "Notice on Improving the Service Level of Foreign Investment Projects Throughout Their Life Cycle (Draft for Public Comment)," and is now soliciting public opinions and suggestions. The draft proposes protecting the legitimate rights and interests of foreign-invested enterprises. It also calls for planning and promoting municipal-level legislation on foreign investment. The draft strictly enforces the pre-establishment national treatment plus negative list management system for foreign investment, and strictly prohibits setting separate access restrictions for foreign investment. It continues to implement the special campaign to investigate and rectify hidden barriers to foreign investment, ensures smooth channels for complaints and reports, and severely punishes discriminatory treatment, hidden thresholds, and selective enforcement against foreign-invested enterprises, guaranteeing their equal participation in government procurement and other activities. Finally, it emphasizes fully soliciting opinions from foreign-invested enterprises when formulating policies related to foreign investment.
June 25 - Reuters reported that the U.S. Geological Survey initially estimated the death toll from the Venezuelan earthquake to be between 10,000 and 100,000.
Hong Kong stocks related to new consumption concepts continued to decline, with Laopu Gold (06181.HK) falling more than 7%, Li Auto (02015.HK), XPeng Group (09868.HK), and Xiaomi Group (01810.HK) falling more than 4%, and Pop Mart (09992.HK) falling more than 3%.