Selected morning news of the Financial Union on June 16.

[selected morning news of the Financial Associated Press on June 16] 1. Foreign Ministry spokesman Wang Wenbin announced on the 15th: Premier Li Qiang of the State Council will pay an official visit to Germany from June 18 to 23, hold the seventh round of consultations between the Chinese and German governments, pay an official visit to France and attend the summit of the New Global Finance Compact. 2. Shu Pingting, spokesman for the Ministry of Commerce, said on the 15th that we will continue to improve consumption policies, strengthen departmental coordination, and promote the introduction of a series of policies and measures to support the recovery and expansion of consumption. 3. Wang Chunying, spokesman for the State Administration of Foreign Exchange, said on the 15th that the tightening cycle of monetary policy in major developed economies is coming to an end, the strengthening of the US dollar is difficult to sustain, and the spillover effects will gradually weaken. China's cross-border capital flows are expected to remain stable and orderly. 4. The Ministry of Agriculture and villages and other four departments recently issued the National Plan for the Construction of Modern Facility Agriculture (2023-2030). Among them, it is proposed that financial and social capital should be guided to increase investment to make up for the shortcomings of agricultural and rural infrastructure. 5. SASAC held a special meeting on improving the quality of listed companies and mergers and acquisitions on the 14th. The meeting pointed out that in the next step, central enterprises should grasp the new position, shoulder the new mission, and carry out mergers and acquisitions on the platform of listed companies. 6. The Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Commerce, the Ministry of Agriculture and villages, and the National Energy Administration recently organized activities for new energy vehicles to go to the countryside in 2023, with a total of 69 models participating in the activities. 7. The General Administration of Market Supervision of China has issued guidelines on the conduct of blind boxes, requiring blind box operators not to sell blind boxes to minors under the age of 8. 8. Shanghai recently issued a three-year action plan to promote the high-quality development of the manufacturing industry, which will speed up the digital transformation of the traditional manufacturing industry, enable 400000 small and medium-sized enterprises to go to the cloud platform, and accelerate the deployment of 5G private network, gigabit optical network and computing platform for industrial scenarios. 9. Yan Yuejin, research director of Yiju Research Institute, said that at present, both the investment side and the sales side of real estate development are facing greater pressure. A heavier stimulus is expected around July. 10. TCL Central announced that subsidiary Maxeon filed a patent infringement lawsuit against Tongwei Solar and its subsidiaries. 11. Changguang Huaxin announced that the new product developed by the company (56G PAM4 EML optical communication chip) is currently in the verification stage. 12. Huaxi shares said on the interactive platform that the company holds 28.17% of Sales Optoelectronics through Shanghai Qilan. Salz Optoelectronic 53G optical chip can be used in 400G/ 800G optical module products. 13. The three major indexes of US stocks collectively closed higher on Thursday, with the Dow up 1.27%, the Nasdaq up 1.15% and the S & P 500 up 1.22%. Microsoft closed up 3.2%, bringing its market capitalization to an all-time high. Hot Chinese stocks rose generally, with the Nasdaq China Golden Dragon Index up 2.10%, Weilai up more than 8%, and Xiaopeng Motor up more than 7%. In terms of commodity futures, WTI July crude oil futures and Brent August crude oil futures closed up more than 3%. 14. The European Central Bank raised interest rates by 25 basis points as scheduled. President Christine Lagarde said the economic and inflation outlook remained highly uncertain and that action was "very likely" to continue in July. On Thursday, the Fed used less than $2 trillion in overnight reverse repurchase tools for the first time in a year. Us money market funds saw outflows for the first time in nearly two months in the week ended June 14. 16. Richard Clarida, a former vice chairman of the Federal Reserve, said that the timing of the Fed's suspension of raising interest rates was awkward and that July was expected to be the last.