[H1 Investasi Aset Tetap State Grid Naik 12,6% YoY]

Foreign Ministry Spokesperson Lin Jian presided over a regular press conference. A reporter asked about the new round of US tariff measures that were to take effect today, and whether the Foreign Ministry had any comment. Lin Jian stated that China’s position on China-US economic and trade issues is consistent and clear, that it opposes all forms of unilateral tariff measures, and that tariff wars and trade wars are in no one’s interest.

In response to a question at a regular press conference on the 24th about reports that US President Trump said the leaders of China and the US would discuss AI-related topics, Foreign Ministry Spokesperson Lin Jian stated that head-of-state diplomacy plays an irreplaceable strategic guiding role in China-US relations. China is willing to work with the US side to well implement the important consensus of the two heads of state in the field of artificial intelligence.

According to China Trade Remedies Information, on July 24, Japan’s Ministry of Finance announced an affirmative preliminary anti-dumping ruling on hot-dipped galvanized steel strips and sheets originating in China and South Korea, determining that the subject products were dumped and that such dumping caused injury to the relevant domestic industry in Japan. The dumping margins are as follows: Angang Steel Company Limited and producers/exporters that participated in the investigation but were not selected for sampling from China — 63.95%; Hunan Valin Lianyuan Iron & Steel Co., Ltd. and other Chinese producers/exporters — 68.67%; South Korean company POSCO Co., Ltd. — 32.49%; KG Donghu Steel Co., Ltd. — 42.69%; other sampled South Korean producers — 34.22%; and other South Korean producers/exporters — 42.69%.