【特朗普：增長不會導致通脹，應維持全球最低利率】美國總統特朗普在真實社交媒體上表示，最新公佈的就業數據表現良好，市場本應上漲，但由於長期存在的“擔憂通脹”理念，股市反而下跌。他稱，美國陷入一種錯誤現實，即經濟表現改善時反而通過政策抑制增長。特朗普表示，“增長不會導致通脹”，並稱如果繼續堅持當前理論，美國將無法實現應有的經濟繁榮。他認爲，美國經濟增速本應達到15%和20%的GDP增長水平，而不是2%、3%和4%。特朗普還表示，美國應擁有全球最低利率，因爲美國推動全球經濟運轉並幫助其他國家發展。他稱，利率每上升1個百分點，美國每年將承擔6500億美元成本，並表示更低利率有助於降低債務負擔。

Phison CEO Pan Jiancheng said meetings with two NAND suppliers found both admitting "we don't know how large next year's shortfall will be," indicating continued NAND supply tightness. He said the market question is not whether shortages will occur but which firms can secure more allocation. Pan added AI-driven semiconductor demand is only beginning; TSMC's ongoing AI capacity expansion will raise DRAM and NAND Flash consumption, and AI could absorb semiconductor capacity for two to three decades, so memory makers' capacity additions are unlikely to trigger oversupply within the next one to two years.

During the 15th Five-Year Plan period China will continue to consolidate the foundation of universal medical insurance, optimize overall enrolment structure and expand employee insurance coverage for key groups including flexible workers, migrant workers and new-form employment. The plan calls for higher maternity medical protection: direct settlement of insured persons’ maternity medical expenses and direct payment of maternity allowances to individuals. Authorities will fully establish a long-term care insurance system, refine long-term care service policies and push to raise long-term care service capacity and standards.