The China Earthquake Networks Center officially determined that a magnitude 5.2 earthquake occurred at 22:34 on July 31 in the sea off the east coast of Kamchatka, with a focal depth of 10 kilometers.

Domestic News 1. The State Council Executive Meeting reviewed and approved the "Opinions on Deepening the Implementation of the 'Artificial Intelligence Plus' Initiative." 2. The State Council Executive Meeting deployed the implementation of interest subsidy policies for personal consumption loans and service industry operators. 3. The Ministry of Commerce responded to the "CK Hutchison Holdings Group's sale of ports": It will conduct legal review and supervision to protect fair competition in the market. 4. The Ministry of Commerce stated that China and the United States will continue to promote the scheduled 90-day extension of the suspended 24% US reciprocal tariffs and China's countermeasures. 5. The National Development and Reform Commission held a briefing on the development and reform situation in the first half of the year. The meeting emphasized breaking down "involutionary" competition and regulating local investment promotion practices. International News 1. Microsoft's stock price rose 8% at the opening, becoming the second listed company in the world to exceed $4 trillion in market capitalization. 2. Iran's Foreign Minister stated that the United States must compensate for losses during the Iran-Israel conflict before nuclear negotiations can resume. 3. The Bank of Japan maintained its interest rate at 0.5% and raised its inflation forecast. Governor Kazuo Ueda downplayed inflation risks. 4. U.S. Treasury Secretary Bensonte: Federal Reserve nominations are expected to be announced before the end of the year, and two seats on the Federal Reserve Board will be vacant. 5. World Gold Council: Total gold demand surged to a new record of $132 billion in the second quarter, and global official gold reserves increased by 166 tons. 6. The U.S. dollar index hit the 100 mark for the first time in two months, on track for its first monthly gain since 2025; the British pound fell below 1.32 for the first time since May 13. 7. Data - ① Challenger companies in the United States laid off 62,075 employees in July, the highest number of layoffs in July since 2020. ② U.S. core PCE inflation rose in June, while consumer spending remained nearly stagnant. ③ U.S. initial jobless claims were roughly stable last week, but economists are concerned about underlying weakness. 8. Tariffs - ① South Korean Minister: The $200 billion package agreed with the United States is similar to Japan's $550 billion plan. ② White House official: Trump will sign an executive order on July 31st imposing higher tariffs on several countries that fail to reach a trade deal by the August 1st deadline. ③ Malaysian Prime Minister: The US tariff rates on Malaysian goods will be announced tomorrow. ④ EU spokesperson: European wines and spirits will face a 15% US tariff starting August 1st until a new agreement is reached. ⑤ US Treasury Secretary Benson: The entire trade team is frustrated with India. We don't know how India will react. ⑥ Indonesia's chief negotiator: Indonesia may be able to obtain a refined copper tariff lower than 19% from the US. ⑦ Brazilian Vice President: Trump excluded 45% of our exports to the US from the 50% tariff.

Thailand's Finance Minister: Will purchase about 100 aircraft from the United States.