根据中国汽车工业协会（CAAM）的数据，继5月份增长11.2%之后，2025年6月中国汽车销量同比增长13.8%。6月份新能源汽车销量激增26.7%，连续第四个月增长。2025年上半年，汽车总销量增长了11.4%，而新能源汽车销量增长了40.3%。全年汽车销量预计将增长4.7%，达到3290万辆，新能源汽车销量预计增长24.4%，达到1600万辆。2024年，汽车总销量增长4.5%，达到3143.6万辆，与2023年12%的增长率相比大幅放缓。

China's vehicle sales grew by 13.8% year-on-year in June 2025, following an 11.2% increase in May, according to data from the China Association of Automobile Manufacturers (CAAM). Sales of new energy vehicles (NEVs) surged 26.7% in June, marking the fourth consecutive monthly increase. In the first half of 2025, total vehicle sales climbed 11.4%, while NEV sales jumped 40.3%. For the full year, car sales are projected to grow by 4.7% to reach 32.9 million units, with NEV sales expected to rise by 24.4% to 16 million units. In 2024, total vehicle sales rose by 4.5% to 31.436 million units, a sharp slowdown from the 12% growth recorded in 2023.

上海50指数升至2762.00点，为2025年5月以来的最高点。在过去的4周里，上海50指数上涨了2.57%，在过去的12个月里，上涨了15.23%。

SHANGHAI 50 increased to 2762.00 Index Points, the highest since May 2025. Over the past 4 weeks, Shanghai 50 gained 2.57%, and in the last 12 months, it increased 15.23%.

周四，上证综指上涨0.3%，收于3500点以上，深证成分股微涨0.1%，收于10590点，弥补了前一交易日的损失，并从华尔街的强劲领先中得到启示，科技股因对人工智能的持续热情而上涨。在美国总统唐纳德·特朗普以不公平贸易行为为由宣布自8月1日起对巴西征收50%关税后，投资者还权衡了全球贸易动态的变化。在国内方面，人们的注意力转向了周末即将公布的中国贸易数据，这可能会揭示美中贸易关系不断变化的影响。涨幅较大的公司包括中国北方稀土（+6.1%）、中石油资本（+6%）、深圳汇（+5.3%）、全球顶级电子商务（+10%）和上海DZH（+1.3%）。

The Shanghai Composite rose 0.3% to above 3,500 while the Shenzhen Component edged up 0.1% to 10,590 on Thursday, recouping losses from the previous session and taking cues from a strong lead on Wall Street where technology stocks rallied on sustained enthusiasm for artificial intelligence. Investors also weighed shifting global trade dynamics after US President Donald Trump announced a 50% tariff on Brazil, effective August 1, citing unfair trade practices. On the domestic front, attention turned to upcoming Chinese trade data due over the weekend, which could shed light on the evolving impact of US-China trade relations. Notable gainers included China Northern Rare Earth (+6.1%), CNPC Capital (+6%), Shenzhen Forms (+5.3%), Global Top E-Commerce (+10%), and Shanghai DZH (+1.3%).

ICYMI-中国承诺提供新的政策支持以稳定就业。中国政府周三宣布，将加大稳定就业的力度，公布扩大定向贷款和增加企业社会保险补贴的计划，以刺激就业。在国务院发布的一份通知中，有关部门表示，他们将加强现有的政策工具，并根据需要采取额外措施，以应对不断变化的劳动力市场状况。

ICYMI - China pledges fresh policy support to stabilise employment.China's government announced Wednesday that it will strengthen efforts to stabilise employment, unveiling plans to expand targeted loans and increase social insurance subsidies for businesses in a bid to spur hiring. In a notice issued by the State Council, authorities said they will enhance the existing policy toolkit and introduce additional measures as needed in response to evolving labour market conditions.