The General Office of the State Council issued a notice on strengthening governance of small and medium-sized enterprises' (SMEs) difficulties in collecting payments, Xinhua reported.

Trump pledged to pay $5,000 to every U.S. adult if Republicans retain control of both chambers in November’s midterm elections. The plan would require over 200 mln payments and exceed $1tn if no income limits are applied. Trump suggested tariff revenue could fund the program but offered no detailed funding plan. The proposal raises inf and fiscal-debt concerns and is expected to trigger debate; Republican lawmakers may find it politically difficult to oppose if the pledge helps preserve their majorities.

China A-share semiconductor sector opened volatile and split. Chengbang hit and held the daily limit; Qipai Technology rose over 9%; Liyang Chip and Youxun Technology gained more than 7% each. Muxi-U fell over 6%; MooreThread-U dropped nearly 4%; VeriSilicon and Awinic Technology also slid.