China's Foreign Ministry said Djibouti's minister of Foreign and International Cooperation Omar and the Republic of the Congo's minister of Foreign Affairs, Francophonie and Overseas Chinese Bonda will each make official visits to China from Oct. 19-25 at the invitation of CHINA FOREIGN MINISTER.

The NDRC and two other ministries issued guidance to refine price-formation mechanisms and expand affordable elderly-care services. Provincial civil affairs departments will lead a classification reform, define institutional categories and set specific recognition criteria for affordable-support elderly-care providers. Civil affairs departments at prefecture level and above will handle recognition and step up support for facility construction and land supply, including converting idle public service facilities into elderly-care sites via public-built/public-operated or public-built/private-operated models to enlarge affordable capacity. Guidance calls for safety-net institutions to open spare beds to the public, provide affordable services, and establish income management and performance-incentive systems. Fully market-based providers are encouraged to offer affordable services with local policy support. Central and local state-owned enterprises establishing new elderly-care institutions should expand affordable service supply.

JP Morgan raised its price target on Morgan Stanley (MS.N) to $198 from $195.