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On July 6th, the Price, Cost and Certification Center held an opening meeting for its research project, "Technological and Economic Research on Virtual Power Plants Participating in Power System Regulation," on June 24th. The research team introduced its research approach, focusing on the pathways, construction and operation costs, and cost mitigation mechanisms for virtual power plants participating in power system regulation. Experts from the China Society for Economic System Reform, North China Electric Power University, and China Southern Power Grid Co., Ltd. exchanged views and offered suggestions with the research team. The meeting was chaired by Cheng Gang, Deputy Director of the Center, and attended by relevant personnel from the School of Control Science and Engineering and the School of Electrical Engineering of Zhejiang University, as well as relevant personnel from the Centers New Energy Price and Cost Department.
On July 6th, the Ministry of Human Resources and Social Security issued a notice clarifying that the enrollment target for vocational schools in 2026 is 1.25 million students. Vocational schools across the country will conduct training for key groups such as rural migrant workers seeking employment and training, unemployed college graduates, registered unemployed individuals, and those facing employment difficulties, focusing on market demands and vocational skills requirements in key areas such as artificial intelligence, advanced manufacturing, low-altitude economy, new energy vehicles, and health and wellness services.
The Eurozones PPI rose 5.9% year-on-year in May, below the expected 5.7% and the previous figure revised from 4.90% to 5%.
The Eurozones PPI rose 0.2% month-on-month in May, in line with expectations, while the previous figure was revised from 0.60% to 0.7%.
Eurozone retail sales rose 1.6% year-on-year in May, below the expected 1.60% and the previous figure revised from 1.00% to 0.9%.