Polish Prime Minister Donald Tusk announced that Poland will raise the threshold for the first bracket of personal income tax from 120,000 złoty to 130,000 złoty. A new 24% personal income tax rate will be introduced.

Domestic News 1. The State Council issued a decision to amend the "Regulations on the Management of Housing Provident Funds," which will take effect on September 20, 2026. 2. Nine departments, including the Ministry of Commerce, issued opinions on further stimulating the vitality of lower-tier markets and boosting consumption in county-level areas. 3. The State Financial Regulatory Commission supports mainland insurance institutions investing in Hong Kong Exchanges and Clearing Limited (ETFs) through the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect. 4. Taiwanese power semiconductor manufacturers are planning a third wave of price increases. 5. The Shanghai Stock Exchange: In accordance with regulations, trading of accounts of investors involved in abnormal transactions related to Aili Home Furnishings has been suspended. International News 1. South Korea denied reports that it would include semiconductors as its first investment in the United States. 2. India is considering lowering import tariffs on sugar to curb soaring domestic sugar prices. 3. US media: US debt may surpass the $40 trillion mark this week. 4. The yield on 10-year US Treasury bonds rose to 4.75%, a new high since January 2025. 5. Middle East Situation— ① Iran: Several foreign ministers privately admitted that Iran has achieved victories in both war and diplomacy. ② Iran warned shipping companies not to support US military operations. ③ Iranian Parliament Speaker: The Strait of Hormuz will not be open until certain conditions are met. ④ Iranian media: Iran's Supreme Leader will soon preside over a religious event in Tehran. ⑤ Trump: No negotiations are underway with Iran, the naval blockade remains fully effective, and the Strait is open and operating normally. ⑥ The UAE stated after issuing a missile alert that the situation is currently safe.

Shanghai Science and Technology Commission issued the Zhangjiang High‑Tech Industrial Development Zone 15th Five‑Year Plan, targeting decisive progress by 2030 toward a world‑leading science park. The plan keeps a high‑tech orientation and aims to significantly strengthen Zhangjiang’s role as a source of technological innovation, improve mechanisms for high-tech transfer and industrialization, and incubate three innovation‑source hubs. Zhangjiang Science City is targeted to become an international‑class science city with concentrated tech factors, a strong scientific profile and a vibrant innovation ecosystem. Policy will push specialty development: strengthen high‑end industry leadership, implement “one park, one specialty” sub‑park differentiation, and cultivate a set of benchmark tech leaders. The three leading industries’ industrial gross output is set to remain above 80% of the city’s total; emerging pillar industries are to scale and cluster, and future industries are expected to become new growth drivers. The plan targets park industrial value added to exceed 20% of the park’s GDP.