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Shanghai municipal government issued its 15th Five-Year Plan for health development, pledging increased support for innovative drugs and medical-device R&D and stronger interoperability among healthcare providers, insurers and pharmaceutical firms. T

2026-07-30

Shanghai municipal government issued its 15th Five-Year Plan for health development, pledging increased support for innovative drugs and medical-device R&D and stronger interoperability among healthcare providers, insurers and pharmaceutical firms. The plan promotes broader use of data in innovative drugs R&D, clinical care and commercial health-insurance product development, advances a medical-insurance-enabled innovation clearing and settlement platform, and accelerates rollout of insurance traceability codes and an imaging cloud. It also deepens mechanisms to back innovative drugs and devices, including support for inclusion in the national reimbursement drug list (NRDL) and exemption of innovative drugs from DRG/DIP payment caps.

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2026-07-30

Fed Chair Kevin Warsh said the Fed does not endorse any market moves and will monitor them closely.

Fed Chair Kevin Warsh said the Fed does not endorse any market moves and will monitor them closely.
2026-07-30

A-shares: Shenzhen Composite Index fell more than 3%, Shanghai Composite Index down 0.74%; ChiNext Index down 4.7% intraday, STAR 50 Index down 4.66%. More than 2,600 stocks fell across the two A-share bourses.

A-shares: Shenzhen Composite Index fell more than 3%, Shanghai Composite Index down 0.74%; ChiNext Index down 4.7% intraday, STAR 50 Index down 4.66%. More than 2,600 stocks fell across the two A-share bourses.
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