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CCTV: The 17th Summer Davos, themed "Innovating at Scale," is taking place in Dalian. Premier Li Qiang addressed the opening plenary this morning, which was warmly received by global participants. Parties praised China's innovation achievements and the prospects of "China Opportunity 2.0" and expressed their willingness to enhance innovation cooperation with China.

The Law on Promoting Unity and Progress of All Ethnic Groups of the People's Republic of China is the first specialized law in the field of ethnic affairs in the new era. It was adopted this March and came into force on July 1st, aiming to fortify the consciousness of the Chinese nation community, promote the construction of the Chinese nation community, and provide legal grounds for the comprehensive implementation of relevant provisions of the Constitution. This has significant implications for advancing the cause of ethnic unity and progress.

On the afternoon of June 24, Zhao Leji, member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China and Chairman of the Standing Committee of the National People's Congress, attended the 23rd session of the Standing Committee of the 14th National People's Congress. Xinhua News Agency, reporter Liu Weibing, Xinhua News Agency, Beijing, June 24 (Reporter Liu Shuo) Zhao Leji, member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China and chairman of the Standing Committee of the National People's Congress, spoke with deputies attending the 23rd meeting of the Standing Committee of the 14th National People's Congress on the afternoon of June 24. He stressed that NPC deputies should deeply study and propagate and implement Xi Jinping's rule of law ideas, combine their own work and the practice of performing their duties, participate in the practice of the rule of law, carry forward the spirit of the rule of law, disseminate legal knowledge, and play an active role in the publicity and education of the rule of law. At the symposium, delegates made speeches and put forward opinions and suggestions on strengthening publicity and education on the rule of law and strengthening the concept of the rule of law for the whole people in conjunction with the consideration of the report on the implementation of the "Eighth Five-Year Plan" law popularization resolution. Zhao Leji listened carefully and had in-depth exchanges with the representatives. He said that publicity and education on the rule of law is the long-term basic work of comprehensively ruling the country according to law. Under the leadership of the Party, China has continuously formulated and implemented eight five-year legal literacy plans, which has effectively promoted the improvement of the legal literacy of all citizens and the legalization of social governance....

The Ministry of Commerce has issued the Implementation Rules for Supply Chain Security Investigation Work, aimed at implementing relevant State Council regulations and conducting safety investigations to maintain the stability and security of domestic and international industrial and supply chains. The rules consist of twenty-two articles, clarifying the investigation targets, content, procedures, and handling measures, with a strong emphasis on law-based work to safeguard corporate rights and ensure the smooth operation of global supply chains.

Opening words: big country infrastructure, build a solid cornerstone of high-quality development. In the first year of the "15th Five-Year Plan", the Party Central Committee deployed to strengthen the planning and construction of water grids, new power grids, computing power grids, new-generation communication networks, urban underground pipeline networks, logistics networks, etc. This is not only a key measure to stabilize growth and expand domestic demand, but also a long-term measure to consolidate the foundation of the Chinese-style modernization strategy. In the middle of the year, Xinhua News Agency organized reporters to conduct in-depth front-line research and launched the "‘Six Networks’ Front-line Observation" special report, focusing on the latest progress in the promotion of the "Six Networks" planning and construction by various departments in various places since this year, vividly reflecting China's firm confidence and steady implementation of the Chinese-style modernization with the modern infrastructure system as the chassis. From the white fans connected in sheets on the blue sea to the high-speed computing power clusters in the Gobi Desert; from the vertical and horizontal underground pipe network to the continuous logistics vehicles... A modern infrastructure network covering the whole country and connecting the world is weaving more and more dense and spreading on the land of Shenzhou. General Secretary Xi Jinping emphasized that optimizing the layout, structure, function and development mode of infrastructure, building a modern infrastructure system, and laying a solid foundation for the comprehensive construction of a socialist modern country....

Committee spokesman Liang Wenjie. (Photo by reporter Chen Yufu) The Taiwan Affairs Office of the People's Republic of China yesterday referred to Taiwan's "seven better" after peaceful reunification, declaring that "China's reunification will not harm the legitimate interests of any country, including its economic interests in Taiwan". Liang Wenjie, a spokesman for the LLC, was very sour today. After listening to him, the seven major benefits came down to one sentence: "As long as the CCP does not mess up, Taiwan is doing very well." The spokesman of the Taiwan Affairs Office, Zhang Han, explained the benefits of Taiwan's diplomatic exchanges after the regular press conference on peaceful reunification. She claimed that China is a permanent member of the United Nations Security Council, is a major trading partner of more than 160 countries and regions, participates in more than 600 international conventions and amendments, and the "circle of friends" continues to grow. It is a builder of world peace, a contributor to global development, a maintainer of international order, and a provider of public goods. Please continue reading... Zhang Han pointed out that after the peaceful reunification of the two sides of the Taiwan Straits, Taiwan's external channels of communication will be broadened in an all-round way. Taiwan compatriots will participate in international affairs as masters. Taiwanese businessmen and Taiwanese enterprises will be deeply integrated into the global supply chain industry chain, with greater room for development and stronger competitiveness in the global market. Taiwan compatriots can more easily and smoothly receive the support and help of the "motherland" overseas. In response, Liang Wenjie responded that yesterday's press conference held by Taiwan finally made up for the so-called seven benefits of reunification, the last diplomatic benefit. “It took so long to come up with all seven benefits." But after listening, the so-called seven benefits boil down to one sentence, "As long as the CCP does not mess around, Taiwan is doing very well."...

US President Trump. (Associated Press) A 7.5 magnitude earthquake struck northern Venezuela on Tuesday (February 25), the strongest to hit the country in 126 years, killing at least 32 people and injuring hundreds. US President Donald Trump issued a statement after learning of the news, expressing his intention to launch humanitarian aid. At around 6:30 am Taiwan time today, northern Venezuela experienced two consecutive earthquakes with magnitudes of 7.2 and 7.5 on the Richter scale within just 40 seconds, causing severe damage in many areas. Venezuelan interim President Delcy Rodríguez subsequently declared a state of emergency and sought international financial and humanitarian aid. Official reports stated that 32 people had died and over 700 were injured, with officials emphasizing that as the heavily affected La Guaira State continues to be fully assessed, casualty numbers may continue to rise. In his first post on his own social media platform "Truth Social," Trump said: "Two major earthquakes just devastated the great Venezuelan people, causing severe and heartbreaking casualties. The United States is ready and fully willing and able to provide assistance! I have directed all departments of the government to prepare and act quickly. We will stand with our great new friends." Prior to this year, the US and Venezuela had been in conflict due to former President Maduro (Nicolas...

(Taipei, Feb. 25 - Xinhua) A series of strong earthquakes hit Venezuela late yesterday, leaving at least 32 dead and over 700 injured so far. China's Foreign Ministry stated today that there are no reports of Chinese citizens being injured. According to foreign media reports, the U.S. Geological Survey (U.S.G.S.) reported the magnitude of the earthquakes.

Wang Chunfei, Risk Director of BOCHK, said that although the external environment faced greater uncertainty, Hong Kong's economy performed well, with a growth rate of 5.9% in the first quarter. Rental demand led to higher residential rental returns and the residential market continued to improve. However, retail stores and office buildings are still under pressure from high vacancy rates. They are continuing to pay attention to the market and customer dynamics, strengthen credit risk control, maintain strict monitoring of high-risk credit portfolios, timely review of customer ratings and loan ratings, and maintain overall asset quality stability. She said that in the second half of the year, in the face of geopolitical conflicts, capital market fluctuations, as well as high oil prices and high inflation, non-performing loans are still facing some upward pressure. The Group has made full provisions, and the quality of assets continues to be better than the market average. I believe that even if the global economy fluctuates sharply, credit costs will continue to fall from last year. She said that the impaired loan ratio at the end of March had dropped to 0.96%, an improvement of 0.18 percentage points from the end of last year. In the future, the credit lending strategy will be dynamically adjusted to increase efforts to dispose of non-performing assets in stock. Liu Chang, Chief Financial Officer, said that the first quarter performance was solid, with a quarterly dividend of 0.29 yuan per share, which was basically the same year-on-year. The annual dividend will consider earnings performance, changes in risk situation, etc., and maintain a dividend payout ratio of 40% to 60%. It is expected that the dividend payout for this quarter and the next quarter will remain stable compared with the first quarter.

Shares of a Hong Kong-listed unit of China Evergrande Group plummeted over 20% after talks to sell a majority stake in the company collapsed, marking another setback for the struggling property developer.

The U.S. Navy's Columbia-class submarines rely heavily on rare earth elements like dysprosium and neodymium, critical for motor functions and acoustic systems, with China controlling refining capacity. This dependency poses a significant national security risk, underscoring the need for a financial framework to restore market conditions and secure these vital materials.

BEIJING, June 25 (Xinhua) -- China and the United States have agreed to establish a trade council under which the economic and trade teams of the two sides will discuss cooperation, including reciprocal tariff reductions, said China's commerce ministry on Thursday. At a regular media conference, He Yadong, spokesperson for the Ministry of Commerce, said that the two economic and trade teams will conduct further consultations on the matter.

The US-China technology rivalry in biotechnology has led to increased export controls and investment restrictions. East Asian countries are pushing for biotech autonomy but risk slowing innovation by fragmenting international networks crucial for collaboration and data sharing. New policies may undermine cross-border research and clinical trials, potentially eroding the region's long-term competitiveness in biotech.

At the joint group meeting of the 23rd session of the 14th National People's Congress (NPC) Standing Committee, a report on the work situation regarding the construction of a nationwide unified market was reviewed and a special inquiry was conducted. Zhang Guoqing stated that they will expedite the formulation of relevant regulations to advance the construction of a unified market. Zhao Lijian, the Presiding Officer, attended. Participants questioned about the construction goals, fair competition review system, existing issues, and measures. Xiao Jié emphasized the strategic significance of building a nationwide unified market and required studying and handling the opinions and suggestions from the review and special inquiry.