Ukraine's agriculture minister warned farmers face a major risk of widespread non-planting for the 2027 harvest due to export difficulties.

Shandong’s draft "15th Five-Year" pharmaceutical industry development action plan, published for consultation, aims to cultivate more than 10 provincial-level flagship industry-chain leader firms and build an ecosystem led by innovative drug champions with complementary niche strengths. The draft encourages these chain-leader firms to expand through mergers & acquisitions and strategic cooperation to achieve scale and integration, strengthening ecosystem leadership and core competitiveness. It directs lead firms to leverage technology, capital, brand and market advantages to form innovation consortia, compile a catalogue of key common technologies, and coordinate upstream‑downstream joint R&D. Lead firms are also urged to open supply‑chain and innovation‑chain resources to integrate smaller suppliers, promoting a development pattern of lead-firm guidance, chain-wide coordination and cluster advancement to consolidate the sector’s scale advantage.

Fed's MUSALEM said financial conditions are currently fairly loose.