MOFCOM and eight other departments issued a notice with measures to expand the auto aftermarket by cultivating new motorsports consumption scenes. The notice directs localities to leverage local resources to develop rallies, off‑road events, assembly runs, karting and circuit races and to stage mass-oriented experiential competitions. It also calls for deeper integration of commerce, culture, tourism, sports and health, linking auto events with local tourism assets to create curated travel-with-

ECB President LAGARDE said she has observed a degree of de-anchoring in inflation expectations.

The Ministry of Emergency Management said at a flood-season safety briefing on June 23 that extreme weather breaking past patterns has increased. The rain band has shifted westward and expanded northward; compared with the 1990s, humid and semi‑humid zones have grown by over 300,000 sq km in the past five years. In northern China the five‑year average number of heavy‑rain events is roughly 50% higher than in the 1990s, and the composite intensity of those events is about 50% above the long‑term seasonal average. Northern flood control has shifted from infrequent major tests to a regular, high‑stress challenge. Over the next five years wetter conditions in northern China are expected to continue, with above‑normal precipitation likely across much of Northeast China and North China and elevated disaster risk from heavy rain and severe convective storms.