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On June 26, the State Taxation Administration issued an interpretation of the "Announcement of the State Taxation Administration on Relevant Matters Concerning the Administration of Individual Income Tax." Regarding whether there have been any adjustments to the individual income tax policy supporting residents home replacement purchases, the State Taxation Administration stated that, according to the "Announcement of the Ministry of Finance, the State Taxation Administration, and the Ministry of Housing and Urban-Rural Development on Continuing the Implementation of Relevant Individual Income Tax Policies Supporting Residents Home Replacement Purchases" (Announcement No. 3 of 2026), the relevant individual income tax policy supporting residents home replacement purchases will continue to be implemented until December 31, 2027. Specific regulations and filing procedures also remain the same as before. Eligible taxpayers should refer to the provisions of the "Announcement of the State Taxation Administration on Relevant Matters Concerning the Administration of Individual Income Tax Policies Supporting Residents Home Replacement Purchases" (Announcement No. 21 of 2022) for processing.Both WTI and Brent crude oil prices fell by more than 1% during the day, currently trading at $70.61 per barrel and $74.34 per barrel respectively.On June 26, 2026, Pan Gongsheng, Governor of the Peoples Bank of China, met with Jan Vera, Chairman and CEO of Citigroup. The two sides exchanged views on the global economic and financial situation, Chinas macroeconomic policies, and China-US economic and trade relations.June 26 - European and American stock index futures continued to decline, with Nasdaq 100 futures falling by 1.6%, S&P 500 futures down 0.7%, and Dow Jones futures down 0.18%; Euro Stoxx 50 futures fell 0.9%, German DAX futures fell 1%, and UK FTSE futures fell 0.8%.On June 26th, Wan Jingsong, spokesperson and deputy director of the National Energy Administration, stated that during the 15th Five-Year Plan period, the government will ensure the energy needs of the eastern and central regions are met. Simultaneously, it will encourage key energy-consuming areas in the east and central regions to tap their potential, strengthen the local development and utilization of non-fossil energy, and rationally plan new supporting power sources, promoting electricity both from afar and locally. Furthermore, it will guide the orderly transfer of energy-intensive industries to the west, promoting the coordinated development of advanced manufacturing, computing power, hydrogen energy, and other industries with clean energy bases, optimizing the spatial layout of energy-consuming industries. In the future, the western region will not only export electricity, coal, and gas, but also products and tokens.