Fed's Schmid said oil is an important factor but not the sole driver of inflation.

德國財政部長：我們有足夠多的國家願意與我們合作，無論美國總統特朗普怎麼想，我們都會做到。

At a State Council Information Office briefing today, the Ministry of Housing and Urban-Rural Development said the housing and urban-rural development sector will face new dynamics during the 15th Five-Year Plan period. The ministry identified three main segments—urban-rural construction, housing and real estate, and the construction industry—each at a critical transformation point. For urban-rural construction it described two shifts: urbanization is moving from rapid expansion to stable growth, and city development is shifting from large-scale incremental expansion to stock-focused quality and efficiency improvements. For housing and real estate it cited two transitions: a significant change in market supply-demand dynamics and a move into a stock era. For the construction industry it outlined a threefold transformation toward intelligence, greening and integration.