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White House: Keith Sonderling has been officially sworn in as U.S. Secretary of Labor.
2026-10-10
White House: Keith Sonderling has been officially sworn in as U.S. Secretary of Labor.
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2026-10-09
China's Ministry of Finance said in its 1H 2026 fiscal policy implementation report it will prioritize tech-innovation supply and industry demand, using special funds and government investment funds to upgrade traditional industries and scale emergin
China's Ministry of Finance said in its 1H 2026 fiscal policy implementation report it will prioritize tech-innovation supply and industry demand, using special funds and government investment funds to upgrade traditional industries and scale emerging and future industries. The ministry pledged fiscal support to expand and upgrade capacity in both producer and consumer services, improve the efficiency of tech-innovation spending, and step up support for key strategic sectors.
2026-10-09
The Ministry of Finance released its 2026 1H fiscal policy execution report. National general public budget spending was 14.33 tln yuan, up 1.5% YoY. Central-government general public budget outlays totaled 2.12 tln yuan, up 6.5% YoY, maintaining hig
The Ministry of Finance released its 2026 1H fiscal policy execution report. National general public budget spending was 14.33 tln yuan, up 1.5% YoY. Central-government general public budget outlays totaled 2.12 tln yuan, up 6.5% YoY, maintaining high intensity. Local general public budget spending was 12.21 tln yuan, up 0.6% YoY, reversing prior negative cumulative growth. Major allocations: health 1.22 tln yuan, +10.8% YoY (driven by higher childcare subsidies and increased transfers/subsidies to the basic medical insurance fund); social security and employment 2.64 tln yuan, +7.6% YoY; housing security 430.9 bln yuan, +6.1% YoY.
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