| 摘 要： | On July 19, the National Bureau of Statistics unveiled the first half macroeconomic situa-tion for China. Strong GDP and investment growth, espe-cially the rising consumer price index (CPI), indicated signs of an overheating economy. But the release of sta-tistics calmed down stock investors and the mainland market declined 0.44 percent on that day. Insurance companies can now double their investments in the stock market, a move believed to help stabilize the mar-ket. The Chinese merger and acquisition (M&A) cases have grown in an effort to optimize industry structure. Meanwhile, as of August 1, taxes on resource products will be much higher. Battles between China and the United States over food issues further deepened as both countries banned certain food imports from the other, though it was noted that officials from both countries will meet in the coming months to discuss food safety.
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