In January and June, my foreign reserves increased by 18.23 billion US dollars. On the morning of July 8, the People's Bank of China released data showing that China's foreign exchange reserves in June were 3,119.23 billion US dollars. On a month-on-month basis, it increased by 18.23 billion U.S. dollars at the end of May, maintaining positive growth, and the highest since April 2018. China’s balance of payments maintained a basic balance. In addition to the first decline in April this year, foreign exchange reserves have continued to grow since October last year.

2, Shenzhen Free Trade Zone 39 has come! Heavy! 39 free trade zones in Shenzhen are coming! Pilots and internationally integrated tax services, individuals can carry out overseas securities investment... These financial innovations are the key requirements of the "work plan". When the wholly foreign-owned construction enterprises in the Pilot Free Trade Zone undertake the Sino-foreign joint construction projects of the province (city), they are not subject to The proportion of Chinese and foreign investment in construction projects is limited; the Pilot Free Trade Zone is allowed to launch innovative taxation services in line with international standards; and the eligible free trade pilot zones are supported to carry out pilot parallel imports of automobiles. Support qualified individuals in the Pilot Free Trade Zone to conduct overseas securities investment in accordance with regulations; support the implementation of IPR securitization pilots in conditional free trade pilot zones.

3. Reference News Network reported on July 8 that the Hong Kong Asia Times website published an article entitled "The United States is losing to China in the 5G war" on July 5, saying that a new report from the United States pointed out that China is developing in 5G. The aspect is in a leading position. The National Defense Innovation Committee, composed of American business leaders and academics, said in a report to the US Department of Defense: "The leader of 5G technology will receive hundreds of billions of dollars in revenue in the next decade, and wireless technology will create a large number of jobs. ""
The report also said: "A country with 5G technology will have many such innovations and set standards for the rest of the world. That country is currently unlikely to be the United States."

4, Shanghai stock index fell 2.58% As of the close: Shanghai stock index fell 2.58%, reported 2934.36 points; Shenzhen Securities Index fell 2.72%, reported 9186.29 points; GEM index fell 2.65%, reported 1506.66 points. The entire sector was green, and nuclear power equipment, hydrogen energy, intellectual property, and digital China were among the top losers. In terms of individual stocks, 22 stocks went against the market daily limit, over 200 stocks were red, 14 stocks fell, and nearly 3,400 stocks were green.

5, July interest rate cuts are expected to reverse? Federal Reserve Chairman Powell will attend the hearing in the US Congress on July 10-11, local time, which is 21 days away from the July meeting. Due to the interest rate cut in July, there are major differences between the Fed and the Fed and the market. This hearing has become particularly crucial.

6. The population of this city is 250,000, but the annual fee is 100 million yuan! The "Circular" disclosed that the Manzhouli City Government, in the name of operating service charges, collects the maintenance fee of the port facilities belonging to the government fee nature, so that the tax reduction bonus of the enterprise is directly Was offset by 70%. In addition, the Manchuria Customs subordinate company increased the price of the car log fumigation service in disguise, directly eroding the tax reduction dividend of 39.3%.

7. The restructuring of Deutsche Bank plans to lay off 18,000 people worldwide. The restructuring plan also shows that Deutsche Bank expects to lay off 18,000 people worldwide by 2022. Currently, the bank has 74,000 employees worldwide. Deutsche Bank plans to reduce its expenditure by 7.4 billion euros in 2022, with a reduction of 6 billion euros through layoffs. On July 25th, Deutsche Bank will release its second-quarter earnings report. CNBC expects Deutsche Bank to lose 2.8 billion euros in the second quarter.