cenc automatically detected an earthquake of about magnitude 3.1 at 14:05 on July 10 near Gao County, Yibin, Sichuan (28.53°N, 104.67°E); final parameters are subject to the formal rapid report.

ING economists Marieke Blom and Amrita Naik Nimbalkar say in a report that if euro-area household saving rates fell back to pre-pandemic averages, it would release demand equal to about 1% of GDP. Household saving was 14.3% of disposable income in Q1 versus a five-year pre-pandemic average of 12.5%. If savings dropped to the US level of 10.2% (US Q4 2025), the euro-area GDP boost could approach 2%. Higher mortgage rates, slower credit growth and elevated precautionary savings are likely to keep consumption weak, but a shift from bank deposits into investments could underpin stronger spending and domestic demand over the coming years.

The National Energy Administration issued the Energy Sector Energy Conservation and Carbon Reduction Action Plan (2026–2028). It targets an average annual increase of about 1 percentage point in China’s non‑fossil energy consumption share through 2028; tighter control of coal consumption intensity at coal‑fired power units and a goal to raise the share of coal‑fired capacity meeting current efficiency benchmarks by about 15 percentage points; development of zero‑carbon and low‑carbon coal and oil fields; support for zero‑carbon industrial parks; and significant progress in energy savings and decarbonization in key industries to boost green energy use.