The Ministry of Natural Resources, Ministry of Agriculture and Rural Affairs and National Forestry and Grassland Administration issued joint guidance to apply differentiated, positive‑list land management for facility agricultural land to boost farmers’ incomes, agricultural modernization and rural revitalization. The notice encourages siting facility farmland on unused areas—Gobi, desert, saline‑alkali land—plus existing construction land and idle land, and permits occupation of arable land out

The Reserve Bank of Australia is expected on Tuesday to deliver its fifth hike this year, raising the cash rate by 25bps to 4.85% — an 18‑year high — with money markets pricing roughly an 80% probability. The decision will include updated economic forecasts; Governor Bullock will hold a press conference one hour after the announcement. AMP economists Diana Mousina and My Bui say inflation remains well above target, has surprised on the upside with no clear sign of easing, and caution that failing to hike could damage RBA credibility and entrench higher inflation expectations. They point to domestic capacity constraints and a global energy shock as key inflation drivers. A hike would leave the RBA notably more hawkish than peers, after the U.S., euro area and Japan central banks recently held rates and the RBNZ paused unexpectedly last week.

日本財務大臣片山皋月：與美國的共同匯率聲明仍有效，將對失序走勢採取行動。