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China's National Administration of Traditional Chinese Medicine, National Health Commission, National Development and Reform Commission and eight other ministries jointly issued the Action Plan for TCM under the Medical and Health Strengthening Proje

2026-07-28

China's National Administration of Traditional Chinese Medicine, National Health Commission, National Development and Reform Commission and eight other ministries jointly issued the Action Plan for TCM under the Medical and Health Strengthening Project to bolster grassroots TCM supply and improve access and uptake. The plan outlines seven action areas and 25 key tasks and targets by 2030 universal access to TCM services, seeking to ensure residents can reach the nearest medical point offering TCM within 15 minutes. Key measures cover upgrading county-level TCM hospital capacity, enhancing TCM services at primary healthcare institutions, expanding and training grassroots TCM personnel, promoting appropriate TCM techniques, and broadening TCM health-culture outreach.

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2026-07-28

On July 27th, the Buffett Index (CSI 300 market capitalization/GDP) rose slightly to 90.23%, near its lowest level this year; the equity risk premium (ERP) of the CSI 300 Index, a stock-bond ratio indicator, fell to 5.19%, having fluctuated around 5.

On July 27th, the Buffett Index (CSI 300 market capitalization/GDP) rose slightly to 90.23%, near its lowest level this year; the equity risk premium (ERP) of the CSI 300 Index, a stock-bond ratio indicator, fell to 5.19%, having fluctuated around 5.2% since July, placing it at the lower end of its fluctuation range since October 2024, suggesting that the current advantage of stocks relative to government bond yields is generally limited. -------- Note: 1. The Buffett Index compares total stock market capitalization to GDP to determine whether the stock market is currently overvalued. Generally, 70-100% is considered a normal valuation, below this range is considered undervalued, and above this range is considered overvalued. 2. The risk premium (ERP) of the CSI 300 Index is mainly compared with the returns of the CSI 300 and the yield of government bonds. Statistics from the past 10 years show that this indicator has a clear inverse relationship with the stock index. Every time the stock market is in the bottom area, the risk premium exceeds 6%. That is, when ERP ≥ 6%, the stock market has investment value, while when ERP ≤ 4%, the stock market is often close to or at a stage high, the investment value is low, and there is even a risk of correction.
2026-07-28

YONHAP: South Korea's finance ministry said on Tuesday that, as part of measures to boost tourism, the government will impose tougher penalties on excessive pricing in the accommodation and food-and-beverage sectors from next month. The cabinet appro

YONHAP: South Korea's finance ministry said on Tuesday that, as part of measures to boost tourism, the government will impose tougher penalties on excessive pricing in the accommodation and food-and-beverage sectors from next month. The cabinet approved revisions to the enforcement regulations of the Tourism Promotion Act, which takes effect on Aug. 4.
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