Factory prices jump 3.9 percent on energy costs.
Today's events
Factory prices jump.
May producer prices rose 3.9 percent year-on-year, led by a 35.7 percent jump in oil-and-gas extraction prices and 22 percent costlier metal inputs.1Jun 10 · Stats BureauPyongyang summit wrap.
The Party's readout of Xi's June 8–9 Pyongyang visit sets a four-point framework and joint commemoration of the friendship treaty's 65th anniversary.2Jun 10 · State CouncilPolicy tools in reserve.
China's central planning agency pledged an “artificial intelligence plus” push, curbs on cut-throat competition, and a reserve of policy tools ready to deploy.3Jun 10 · Central PlannersCentral banks in Shanghai.
China's central bank and the Bank for International Settlements convened central bankers from some thirty countries on global financial uncertainty and monetary-system diversification.4Jun 10 · Central BankInternet cleanup drive.
The internet regulator convened platforms including Douyin, Xiaohongshu and Weibo on “online ecosystem governance,” pressing stricter entry gates, account management and protections for minors.5Jun 10 · Internet RegulatorIran war, Day 104.
After United States strikes on Iran and Iranian counterstrikes on American bases, the foreign ministry urged restraint and a comprehensive, lasting ceasefire.6Jun 10 · Foreign MinistryCabinet oath-taking.
Thirty-seven newly appointed officials from 33 departments swore constitutional oaths before Premier Li Qiang, who demanded “executors, doers, and practical workers.”7Jun 9 · State CouncilDesert front line.
Vice-Premier He Lifeng pressed the western front of the Three-North anti-desertification campaign in Xinjiang, targeting 70 percent of the current phase by 2027.8Jun 9 · State CouncilA new Long March.
Qiushi commentary, June 11, expands Xi's dictum “the new journey is a new Long March”: the contest has shifted from military encirclement to multidimensional rivalry.9Jun 11 · Qiushi
Voices
“No matter how the international situation changes, the Chinese Party and government's firm commitment to China–North Korea friendship will not change, nor its support for North Korea's socialist cause.”
Xi Jinping, talks with Kim Jong Un, Pyongyang · June 82
“China is deeply concerned over the current situation in Iran. All parties should stay calm and restrained, stop inflaming tensions, and achieve a comprehensive, lasting ceasefire soon.”
MFA Spokesperson Lin Jian · June 106
“Facing an increasingly complex and severe international environment, we are countering external uncertainty with the certainty of our own development; China's economy is showing strong resilience and vitality.”
Zheng Shanjie, central planning agency chief · June 103
“Amid multiple challenges of geopolitical conflict and protectionism, the depth and breadth of China's financial market offer foreign institutional investors important opportunities for diversified allocation.”
Pan Gongsheng, central bank governor, Shanghai · June 104
“Insist on speaking honestly, doing real work and seeking real results — be executors, doers and practical workers in carrying out the Party Center's decisions.”
Premier Li Qiang, constitutional oath ceremony · June 97
“Anti-China forces are encircling, containing, and suppressing our country on all fronts, attempting to slow or even block the historical process of national rejuvenation.”
Qiushi commentary, “A New Long March” · June 119
Sources
- National Bureau of Statistics, “Industrial Producer Prices Rose 3.9% Year-on-Year in May 2026,” June 10, 2026. stats.gov.cn/sj/zxfb/…/may-2026-ppi
- State Council of the PRC, “International Liaison Department Head Liu Haixing on General Secretary Xi Jinping's State Visit to North Korea,” June 10, 2026. gov.cn/yaowen/…/xi-north-korea-visit-readout
- National Development and Reform Commission, “Chairman Zheng Shanjie Convenes Expert Symposium on the Economic Situation,” June 10, 2026. ndrc.gov.cn/xwdt/xwfb/…/economic-symposium
- People's Bank of China, “PBOC and the Bank for International Settlements Co-Host High-Level Meeting on Coping with Global Financial Uncertainty,” June 10, 2026. pbc.gov.cn/…/pboc-bis-shanghai-meeting
- Cyberspace Administration of China, “Central Cyberspace Affairs Office Convenes National Online Ecosystem Governance Work Conference,” June 10, 2026. cac.gov.cn/2026-06/10/…/ecosystem-governance
- Ministry of Foreign Affairs, “Foreign Ministry Spokesperson Lin Jian's Regular Press Conference,” June 10, 2026. mfa.gov.cn/wjdt/…/lin-jian-june-10
- State Council of the PRC, “State Council Holds Constitutional Oath Ceremony; Premier Li Qiang Presides,” June 9, 2026. gov.cn/yaowen/…/constitutional-oath-ceremony
- State Council of the PRC, “On-Site Meeting on the Western Front of the ‘Three-North’ Program Held; He Lifeng Attends and Speaks,” June 9, 2026. gov.cn/yaowen/…/three-north-western-front
- Qiushi, “Deeply Grasping ‘the New Journey Is a New Long March,’” June 11, 2026. qstheory.cn/20260611/…/new-long-march