On the afternoon of Sept. 1 local time, China attended a Shanghai Cooperation Organization Plus (SCO+) meeting in Bishkek.

Maximum mortgage term extended from 30 to 40 years; implementation varies by lender. Many banks say they have not yet received internal operational notices and are awaiting guidance, but several have already begun offering 40-year loans. Some joint-stock banks cap borrower age plus loan term at 75 years, effectively limiting 40-year loans to borrowers aged 35 or younger. A state-owned bank staffer said the longer term reduces monthly repayment pressure but increases total interest expense. A bank relationship manager implementing the change said existing 30-year borrowers can apply to move to 40 years; converting a 1 mln yuan loan from 30 to 40 years reduces annual principal repayments by about 7,000 yuan.

U.S. EPA approved full waivers for 18 applications, approved 50% waivers for 11 applications, denied 3 applications and found 2 ineligible.