RUSSIAN CENBANK deputy governor said the bank can, through "carefully calibrated" monetary policy, ensure inf returns to target by 2027.

China Customs said in 1H eastern China's imports and exports exceeded 20 trillion yuan, up 16.5% YoY and accounting for 78.8% of China's total foreign trade value. Western, central and northeastern regions' imports and exports rose 20.3%, 20.0% and 8.6% YoY, respectively.

China's State Council issued the National Health 15th Five-Year Plan, committing full-chain support for innovative drugs and medical devices. It directs regulators to optimize review and approval of innovative and clinically urgent medicines and to establish a comprehensive clinical evaluation system to support clinical use. The plan calls for accelerated R&D and application of cell and gene therapies, next‑generation antibodies, new vaccines, nucleic‑acid drugs and radiopharmaceuticals, and for strengthened emergency vaccine and drug R&D, production and deployment. It seeks to expand pediatric drug options, deepen medtech–clinical collaboration and boost R&D of core technologies, components and finished high‑end devices. The plan also promotes AI across the pharma and medtech value chain and instructs improvement of health‑insurance support mechanisms, including refinement of the innovative‑drug reimbursement/catalogue.