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Real-time News
On May 18th, Fu Linghui, spokesperson, chief economist, and director of the Department of Comprehensive Statistics of the National Economic Bureau, stated at a press conference held by the State Council Information Office that the booming cultural tourism and sports events have become new highlights in the development of service consumption, with related service retail sales maintaining rapid growth. Data shows that from January to April, retail sales of tourism consulting and rental services, transportation services, and cultural and sports leisure services all maintained double-digit growth, significantly faster than the overall growth rate of service retail sales.On May 18, Fu Linghui, spokesperson, chief economist, and director of the Department of National Economic Comprehensive Statistics of the National Bureau of Statistics, stated at a press conference held by the State Council Information Office that although the impact of the Middle East geopolitical conflict continues to escalate, international energy market volatility has increased, and the stability of global industrial and supply chains has been impacted, my country has maintained overall stable industrial production, continued its transformation and upgrading, and unleashed the vitality of innovative development, demonstrating strong resilience, thanks to its complete industrial system, strong supporting capabilities, and the support of domestic energy green transformation.Futures Market News, May 18th: Currently, the number of laying hens is decreasing, and the egg production rate is declining, leading to a temporary tight supply in the market. This, coupled with the gradual start of pre-Dragon Boat Festival stockpiling and a recovery in end-user demand, along with stable feed costs, provides strong support. Egg prices are expected to fluctuate upwards in the near term, with further upward potential before the holiday. Today, the average price of eggs in major producing areas is 8.83 yuan/kg in Shandong, up 0.20 yuan/kg from yesterday; 8.67 yuan/kg in Hebei, up 0.42 yuan/kg; 9.67 yuan/kg in Guangdong, up 0.20 yuan/kg; and 9.04 yuan/kg in Beijing, up 0.44 yuan/kg.On May 18th, Fu Linghui, spokesperson, chief economist, and director of the Department of Comprehensive Statistics of the National Economy at the National Bureau of Statistics, stated at a press conference held by the State Council Information Office that the national urban surveyed unemployment rate in April was 5.2%, a decrease of 0.2 percentage points from the previous month. Looking at the main employment group (aged 30 to 59), the surveyed unemployment rate also decreased compared to the previous month. These data reflect that employment has remained generally stable.If Samsungs union fails to comply with the court order, the South Korean court will impose a fine of approximately 100 million won per day.
