• The State Administration for Market Regulation has launched a nationwide campaign to combat low-quality and low-price products. The action focuses on industries critical to business operations, directly impacting consumer experience, and marked by intense "involutionary" competition. Authorities will employ a combination of price enforcement, quality supervision, and standards guidance to address these issues comprehensively. • On May 29, the Cyberspace Administration of China initiated a two-month nationwide campaign titled "Clear and Bright: Optimizing the Business Environment Online by Cracking Down on Malicious Speculation Involving Enterprise Information." The campaign aims to curb the spread of harmful, fabricated information about companies. • At a press conference on the morning of May 29, a spokesperson for the China Council for the Promotion of International Trade responded to the EU's progress on a "Cybersecurity Act" that could exclude Chinese companies from critical infrastructure projects. The spokesperson expressed firm opposition to the draft revision's introduction of "non-technical risk" factors, which directly link cybersecurity risks to companies from specific countries and propose their exclusion from related EU supply chains. • According to the Ministry of Finance, from January to April, the total operating revenue of state-owned enterprises was 26.27009 trillion yuan, a year-on-year decrease of 0.5%. Total profits reached 1.37417 trillion yuan, representing a year-on-year increase of 1.9%. • The "Regulations on Supervising and Managing the Implementation of Food Safety Responsibilities in Kindergartens," jointly formulated by the State Administration for Market Regulation and the Ministry of Education, will take effect on June 1. The rules prohibit kindergartens from purchasing bulk pastries, hamburgers, sandwiches, and similar foods from outside sources, as well as from procuring, storing, or using bulk edible oil and bulk salt. They also set mandatory requirements for meal processing and delivery, personnel management, and supervision and law enforcement. • According to the China Manned Space Engineering Office, at 14:44 Beijing Time on May 29, 2026, the Shenzhou-22 manned spacecraft successfully separated from the space station combination. • Recently, the "Beibu Gulf Economic Zone Open Development Plan (Draft for Comments)" was released for public consultation. The draft proposes advancing major infrastructure projects. This includes building a comprehensive transportation system for the Pinglu Canal, optimizing the integrated planning layout and branch line construction of civil aviation airports in the Beibu Gulf Economic Zone, accelerating preliminary work for the expansion of Beihai Airport, promoting the separation of military and civil aviation at Nanning Airport to create a regional aviation hub facing ASEAN. It also aims to upgrade the China-ASEAN Information Harbor, strengthen cross-border digital infrastructure connectivity, promote the rational and orderly layout of computing power centers, and build a computing power hub oriented towards ASEAN. The plan advocates for the simultaneous development of wind, solar, hydro, and nuclear power, coordinated development of sources, grids, loads, and storage, and accelerating the construction of the Beibu Gulf offshore wind power base. It also calls for speeding up the construction of major water conservancy and shipping infrastructure projects such as the Ring Beibu Gulf Water Resources Allocation Project, the Pinglu Canal, the Yongbei Irrigation District, and the Pinglu Irrigation District. • To standardize the capability development of procurement and bidding intelligent agents, accelerate their application in the bidding field, and promote healthy and orderly development in this sector, the "Technical and Application Requirements for Enterprise Management Software Intelligence Part 1: Procurement and Bidding Intelligent Agent" (Technical Specification Number AIIA/T 0299-2026) has been officially released. The specification was jointly compiled by the China Academy of Information and Communications Technology and China Electronics Cloud Computing Technology Co., Ltd., leading the effort under the Software Intelligence Committee of the China Artificial Intelligence Industry Alliance (AIIA). Participants include industry leaders such as China Unicom Software Research Institute, iFlytek, Xingyun Digital Technology, China Southern Airlines Digital Intelligence, Kunlun Bank, China Mobile, China Railway Materials, and the China Electric Power Research Institute. • On May 29, the China Federation of Logistics & Purchasing released logistics operation data for January to April this year. The data shows that China's logistics demand maintained resilient growth with continuously optimized structure during this period. All sub-sectors maintained stable growth, forming a coordinated development pattern characterized by a solid foundation in industrial logistics, enhanced vitality in consumer logistics, and a sustained recovery in international logistics. From January to April, the total social logistics value reached 121.7 trillion yuan, a year-on-year increase of 5.5%. • Vanke held its 2025 Annual General Meeting of Shareholders. It was learned on-site that as of March 2026, the company had completed the repayment of 33.21 billion yuan in public bonds. Regarding securing financing support, excluding shareholder loans, Vanke added and refinanced 28 billion yuan in 2025 while continuously optimizing financing costs. The comprehensive cost of its existing financing stands at 3.02%, a decrease of 85 basis points compared to the same period. To date, extension proposals for six public bonds, including "22 Vanke MTN0004" and "22 Vanke MTN005," have been approved by bondholder meetings. • Industrial Fu Lian announced that its consolidated net profit attributable to the listed company's shareholders for 2025 was 35.286 billion yuan. The company proposes a cash dividend distribution of 6.5 yuan (including tax) per 10 shares, based on 19.847 billion shares after excluding those held in the special securities account for repurchase. The total proposed cash dividend amounts to 12.901 billion yuan. The total cash dividend for the year is 19.451 billion yuan, representing 55.12% of the net profit. The annual shareholders' meeting will be held on June 9, 2026, to deliberate on nine proposals, including the 2025 Board of Directors Work Report and the forecast for daily connected transactions in 2026. • According to a report by RIA Novosti on May 29, Ibrahim Azizi, Chairman of the National Security and Foreign Policy Committee of the Iranian Islamic Parliament, stated that Iran has no plans to ship enriched uranium out of the country. • On May 28, U.S. Vice President Vance told media at Joint Base Andrews in Maryland that negotiations between the United States and Iran have made "significant progress," but it remains uncertain whether U.S. President Trump will sign an agreement.