The National Retail Federation called on Biden to change his tariff policy towards China. On May 18 local time, the National Retail Federation called on the Biden government to reduce or cancel tariffs on China to deal with high inflation. The association said that abolishing the tariff policy under trump could reduce prices by 1.3%. Affected by the trade war, American importers have been forced to pay an additional $136.5 billion in tariffs, and this part of the cost has finally been transferred to consumers and passed on to consumers.

National Energy Administration: coal output has maintained double-digit rapid growth for four consecutive months this year. According to the official website of the national energy administration, since 2022, China's coal production has maintained a rapid growth trend, and the coal supply guarantee capacity has been continuously enhanced. In terms of production, the output of raw coal from January to April increased by 10.5% year-on-year, of which Shanxi, Shaanxi, Inner Mongolia and Xinjiang accounted for 80.9%. In terms of import, the import of coal decreased by 24.2% year-on-year from January to March, and increased by 8.4% year-on-year in April.

Shanghai Customs: since late April, the freight volume at Shanghai port and the total value of foreign trade import and export have gradually rebounded. On May 18, the Information Office of the Shanghai municipal government organized the 187th press conference on the prevention and control of COVID-19 in Shanghai. It is reported that in the early stage, in view of the problems of poor trade chain, blocked collection and distribution channels and low port operation efficiency, Shanghai Customs successively launched 10 measures to fight the epidemic, protect the people's livelihood and help enterprises promote development, as well as the notice to accelerate the customs declaration and lifting of goods at Shanghai port, and cooperated with the regional customs of the Yangtze River Delta to ensure the safety and smoothness of the supply chain of the industrial chain. Customs data show that since late April, the freight volume and total import and export value of Shanghai port have gradually rebounded, and the port foreign trade has gradually stabilized.

Guangdong's foreign trade exports increased by 5.1% year-on-year in the first April. According to the statistics of the Guangdong Branch of the customs, in the first four months of this year, Guangdong's foreign trade import and export reached 2.54 trillion yuan, an increase of 1.6% over the same period in 2021. Among them, the export was 1.6 trillion yuan, an increase of 5.1%; Imports reached 942.83 billion yuan, down 3.8%.


National Energy Administration: by the end of April, the installed capacity of power generation in China was about 2.41 billion kw, a year-on-year increase of 7.9%. Among them, the installed capacity of wind power was about 340 million KW, a year-on-year increase of 17.7%; The installed capacity of solar power generation was about 320 million KW, a year-on-year increase of 23.6%.