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U.S. officials said the U.S. military shot down two Iranian one-way attack drones.
June 12th - Since October 2025, the number of telecom fraud cases in my country has declined year-on-year for eight consecutive months. In terms of fraud methods, the ten most common types of fraud are: fake online shopping scams (such as fake order rebates), fake online shopping services, fake online investment and wealth management, impersonating e-commerce and logistics customer service, loan and credit fraud, fake online game transactions, online dating scams, impersonating law enforcement officials, impersonating leaders or acquaintances, and flight refund/change scams. These ten types of cases account for 85% of all telecom fraud cases. Among them, fake online shopping scams have the highest incidence, accounting for 25% of all telecom fraud cases; fake online investment and wealth management scams result in the highest losses, accounting for approximately 40% of all telecom fraud losses, with most cases involving losses of millions or tens of millions of yuan falling into this category.
On June 12th, the "Guangzhou Municipal Commerce Development 15th Five-Year Plan (Draft for Public Comment)" was released for public comment. The plan states that by 2030, the annual transaction volume of the citys specialized markets will exceed 2 trillion yuan, achieving a leapfrog development compared to the base year, consolidating its position as a core carrier of the international trade center. By 2030, 30 public service platforms serving the specialized markets will be established; the employment-generating effect will continue to expand, covering multiple fields such as commercial services, innovation and entrepreneurship, cultural tourism consumption, and logistics support, directly and indirectly creating 2.2 million jobs.
On June 12th, the "Guangzhou Municipal Commerce Development 15th Five-Year Plan (Draft for Public Comment)" was released for public comment. The plan outlines efforts to promote the implementation of major projects in areas such as intelligent connected and new energy vehicles, ultra-high-definition video and new displays, green petrochemicals and new materials, intelligent equipment and robotics, artificial intelligence, semiconductors and integrated circuits, and the low-altitude economy. It also aims to cultivate a number of leading intermediate goods enterprises, including high-tech enterprises, manufacturing single-item champions, and specialized and innovative enterprises. Furthermore, it promotes the accelerated development of intermediate goods trade in foreign trade transformation and upgrading bases, fostering a number of well-known brands and "chain leader" enterprises. The plan supports enterprises in utilizing technologies such as the industrial internet, big data, and artificial intelligence for digital transformation, improving production efficiency and product quality, and driving the intermediate goods trade towards high-end and digitally intelligent directions.
On June 12th, the "Guangzhou Municipal Business Development 15th Five-Year Plan (Draft for Public Comment)" was released for public comment. The plan, which fully aligns with national, provincial, and municipal planning recommendations and outlines, is based on Guangzhous realistic path and needs to enhance its function as an international business center. It sets forth 18 specific business development indicators across four aspects up to 2030. Among these, three indicators—total retail sales of consumer goods (average annual growth of 5% during the 15th Five-Year Plan period), import and export volume of goods (average annual growth of 6%), and the execution value of service outsourcing contracts (reaching US$24 billion by 2030)—are included in the municipal planning outline. Furthermore, based on development trends in consumption, foreign trade, exhibitions, two-way investment, and ports, the plan sets forth 15 key and distinctive indicators, including online retail sales of wholesale and retail enterprises above a certain size, the number of world-class business districts, import and export of service trade, exhibition area of key exhibition halls, and the number of newly added foreign-invested functional institutions. Simultaneously, referencing practices in higher-level plans, it proposes qualitative targets for the medium- and long-term period up to 2035.