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Liu Juan, deputy director of the Benefits and Protection Department at the National Healthcare Security Administration, said on July 9 at the 1H 2026 regular press briefing that 17 provinces including Hebei and Shanxi have issued provincial long-term

2026-07-09

Liu Juan, deputy director of the Benefits and Protection Department at the National Healthcare Security Administration, said on July 9 at the 1H 2026 regular press briefing that 17 provinces including Hebei and Shanxi have issued provincial long-term care insurance implementation plans, about 100 pooled Jurisdictions are operational, and enrollment has reached 320 million people.

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2026-07-08

US President Trump: NATO is unwilling to help us confront Iran, which is the number one state sponsor of terrorism.

US President Trump: NATO is unwilling to help us confront Iran, which is the number one state sponsor of terrorism.
2026-07-09

On July 8th, the DR007 rate closed at 1.3829%. It remains to be seen whether this will break the downward trend since June 24th and continue to fluctuate around the policy rate of 1.4%. The central bank achieved a net withdrawal of 278.5 billion yuan

On July 8th, the DR007 rate closed at 1.3829%. It remains to be seen whether this will break the downward trend since June 24th and continue to fluctuate around the policy rate of 1.4%. The central bank achieved a net withdrawal of 278.5 billion yuan that day. -------- Note: Short-term money market rates such as DR007 reflect the abundance of funds in the market. For example, many transactions in financial markets such as the stock and bond markets are essentially leveraged through loans, and the cost of these loans depends on short-term interest rates. DR007 is generally considered the anchor for short-term interest rates in China. The difference between DR007 and the central bank's 7-day reverse repo rate (policy rate) indicates whether there is a shortage of funds in the market. If the DR007 rate is significantly higher than the policy rate, it indicates a shortage of funds, and the central bank may intervene to inject liquidity; conversely, if the DR007 rate is lower, it indicates very ample market liquidity.
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