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British Chancellor of the Exchequer Healy: The goal is to improve affordability.

2026-07-23

British Chancellor of the Exchequer Healy: The goal is to improve affordability.

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2026-07-22

At a press briefing on the 22nd, the Ministry of Finance said central fiscal authorities have reserved 20 bln yuan for natural disaster relief in 2026. Since the flood season began the central treasury has triggered its rapid-allocation mechanism eig

At a press briefing on the 22nd, the Ministry of Finance said central fiscal authorities have reserved 20 bln yuan for natural disaster relief in 2026. Since the flood season began the central treasury has triggered its rapid-allocation mechanism eight times, disbursing 1.19 bln yuan to affected areas. The ministry said a further 14.5 bln yuan has been arranged via agricultural disaster-relief and water conservation funds, transport project allocations and central budget investment.
2026-07-22

On July 22 at the 2026 China Auto Forum, Fu Bingfeng, vice-president and secretary-general of the China Association of Automobile Manufacturers (CAAM), said the global auto industry is undergoing deep adjustment and faces complex external shocks from

On July 22 at the 2026 China Auto Forum, Fu Bingfeng, vice-president and secretary-general of the China Association of Automobile Manufacturers (CAAM), said the global auto industry is undergoing deep adjustment and faces complex external shocks from low-carbon rules and geopolitics, alongside domestic pressures including fiercer competition, gaps in key core technologies and structural capacity adjustment. He noted more than 500 new models launched in 1H, with many firms pursuing broad, “all‑in” product lineups that have increased model homogeneity and led to aggressive strategic targets and widespread operating anxiety. He urged automakers to defend bottom lines, return to rational competition, focus on differentiated market niches, avoid short‑term opportunity and adopt long-term development strategies.
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