The upper limit of 10% premium rate for residential land has been lifted, and the first batch of residential land in Shanghai is about to be sold after the "Shanghai Nine" property market

The LPR, which has remained unchanged for 9 consecutive months, has finally been lowered. On June 20, 2023, the loan market quotation interest rate for June 2023 was announced - the one-year LPR was 3.55%, a 10 basis point decrease from before, and the five-year and above LPR was 4.2%, a 10 basis point decrease from before. This is the first downward adjustment of LPR since 2023. Prior to this, there were three downward adjustments in LPR throughout 2022, with the last adjustment occurring in August of that year and no further changes thereafter. Until June 15th, not long ago this year, the medium-term lending convenience rate was lowered by 10 basis points. The industry generally believes that the LPR is also likely to be lowered on June 20th. The full name of LPR is Loan Prime Rate, which is quoted by various quoting banks based on the open market operating interest rate plus points

Create a cup of Dragon Boat Festival special coffee through Chinese solar term cultural elements such as Zongzi and sachet; Add the floral fragrance of Shanghai's white magnolia and savor the atmosphere of Shanghai in the coffee... A cup of coffee can refresh you for hours and become a new cultural experience. From June 15 to 18, the Xiaohongshu Coffee Life Festival was held in Taipingqiao Park, Xintiandi, Shanghai. More than 30 boutique coffee shops gathered here, linked online and offline, to drink the "new trend" of coffee. Coffee is an imported product, but at the event, the reporter found that coffee brewed by baristas with unique Chinese characteristics such as "Summer Evening Breeze", "Dragon Boat Festival", and "Coconut Grove Longjing" has become a popular beverage for consumers to taste. Xiaohongshu data also shows that coffee shops designed in Chinese style and "tea cafes" that integrate Chinese tea culture have become the current trend

Shanghai's annual plum blossom season falls on June 19th. As the plum rain approaches, will the high school entrance examination be affected? Based on the latest climate monitoring, domestic and foreign dynamic climate models, and objective methods, the National Climate Center predicts that the Jiangnan and the middle and lower reaches of the Yangtze River will both enter the rainy season around June 18th, with the rainy season occurring later than usual. The rainy season will be shorter, and the amount of rainy season will be close to or less than usual. It is expected that after the onset of the plum blossom season, strong convective weather will be active in the middle and lower reaches of the Yangtze River, with frequent occurrences of short-term heavy rainfall, thunderstorms, strong winds, tornadoes, hail, and other strong convective weather. According to the prediction of Shanghai center Meteorological Observatory, affected by the vortex shear line, there will be a relatively obvious precipitation process in Shanghai during the 2023 mid-term exam, in which the precipitation will be more concentrated from 18th to 19th, with uneven rainfall distribution, and may be accompanied by lightning, short-term heavy precipitation and thunder

According to the news conference of the Shanghai Municipal Government held on June 9, the 9th China International Technology Import and Export Fair, co hosted by the Ministry of Commerce, the Ministry of Science and Technology, the China National Intellectual Property Administration and the Shanghai Municipal People's Government, will be held in the Shanghai World Expo Exhibition Hall from June 15 to 17. The total exhibition area of this year's Shanghai International Fair is 35000 square meters, with nearly a thousand participating companies. The Macao Special Administrative Region serves as the guest of honor city, and Shanxi Province serves as the guest of honor province. This year's Shanghai International Fair has set up five exhibition areas: a theme hall, low-carbon energy technology, digital technology, biomedicine, innovative ecology, and services. The theme pavilion exhibition area will display the cutting-edge scientific and technological and innovative achievements of the guest of honor city, and gather the technological innovation cooperation achievements of the "the Belt and Road" in all provinces, districts and cities across the country. The energy low-carbon technology exhibition area focuses on carbon peak and carbon neutrality, showcasing the transformation plan of coal-fired power and nuclear power

At the 14th Lujiazui Forum held today, Li Yunze, Director of the State Administration for Financial Regulation and Co rotating Chairman of the Forum, stated that recent risk events in the international banking industry have had a strong warning significance, although the direct impact on China is minimal. "We will always have a sense of responsibility that we cannot rest assured of at all times, highlight the key points, grasp the pace, and make precise efforts to prudently resolve existing risks and resolutely curb incremental risks. He said that we will play a proactive role in risk prevention and control, respond to various risks and hidden dangers with a more proactive attitude, adhere to early identification, early warning, early detection, and early disposal, and strive to resolve risks in their early stages and timely block the spread of risks.". To improve the level of digital intelligence and truly achieve the goal of "managing people, monitoring money, and strengthening systems for fire prevention", we need to train and penetrate regulatory "embroidery workers" and improve the level of digital intelligence