BIG FIVE IDEAS

Today’s highly discussed Global Times stories on social media

CPI DECELERATING

China’s consumer price index (CPI), a main gauge of inflation, fell to 2.4 percent year-on-year growth in May, compared with April’s 3.3 percent, the National Bureau of Statistics (NBS) said on Wednesday. The further decline was mainly due to decreasing food prices as life and production gradually return to normal via loose monetary and positive fiscal policies, experts said.

COVID-19 VACCINES

China will prioritize R&D in the next COVID-19 vaccine stage, which includes inactivated and adenovirus vector vaccines. It will also accelerate the development of human monoclonal neutralizing antibody drugs: official

NARROWING DECLINE

In May, the decline in civil aviation narrowed by 15.9 percentage points compared to April, according to China’s aviation regulator. Passenger traffic hit 25.83 million, down 52.6 percent year-on-year. Cargo transportation was at 549,000 tons, down 12 percent year-on-year and narrowing 7.5 percentage points from April.

BDS SATELLITE

The last satellite of China’s indigenous BeiDou Navigation Satellite System, or BDS, has arrived at the Xichang Satellite Launch Center. The satellite is set to be launched this month and will be the last part of the 30-satellite Beidou-3 Navigation Satellite System: Ran Chengqi, director of the China Satellite Navigation Office

CANTON FAIR

This year’s China Import and Export Fair (Canton Fair) will be held online from June 15-24 and will waive exhibition fees to help domestic and foreign firms cope with the COVID-19 impact: official