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The China Photovoltaic Industry Association urgently clarifies rumors of an "anti-involution" campaign.

The China Photovoltaic Industry Association issued a clarification announcement stating that some self-media reports regarding an "anti-involution" campaign within the photovoltaic industry are seriously inconsistent with actual conditions. It emphasized its commitment to promoting market-based competition in accordance with laws and regulations.

The US Consumer Confidence Index rose, but recession risks remain.

The US Consumer Confidence Index rose to 97.2 in July, up 2 points from June, but the increase was lower than market expectations. The current situation index fell 1.5 points to 131.5, while the expectations index rose 4.5 points to 74.4 (a reading below 80 indicates recession risks).