Category: China

  • MIL-OSI Russia: D. Trump signs executive order to change tariff rates with dozens of trading partners

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    NEW YORK, July 31 (Xinhua) — U.S. President Donald Trump on Thursday signed an executive order further changing tariff rates with nearly 70 trading partners.

    The decree introduces “additional ad valorem duties on goods from certain trading partners.”

    According to an appendix to the White House press release, most of the new tariff rates range from 10 percent to 40 percent.

    The new tariffs will come into force seven days after the date of the decree, except in cases related to logistics.

    As D. Trump noted in the document, some US trading partners, despite participating in the negotiations, proposed conditions that do not sufficiently eliminate the “imbalance” in trade relations or do not meet US demands on “economic and national security issues.”

    “Some trading partners have failed to engage with the United States or to take adequate steps to sufficiently align their actions with the United States on economic and national security issues,” the president said.

    The order requires the Secretary of Commerce and the Secretary of Homeland Security, along with other senior officials, to publish every six months a list of countries and specific facilities used in tariff evasion schemes to inform government procurement, national security reviews, and commercial due diligence.

    In addition, key U.S. government agencies are directed and authorized to take “all necessary actions” to implement this order consistent with applicable law. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI China: China to allocate more funds in October to support trade-in program

    Source: People’s Republic of China – State Council News

    BEIJING, Aug. 1 — China’s top economic planner on Friday said that another 69 billion yuan (about 9.65 billion U.S. dollars) in ultra-long special treasury bond funds will be allocated in October to support the country’s consumer goods trade-in program.

    This will be the fourth and final batch of the year, according to Jiang Yi, an official with the National Development and Reform Commission (NDRC), who noted that the country has already issued its third batch of ultra-long special treasury bond funds in the same amount.

    The Ministry of Finance, together with the NDRC, has this year earmarked 300 billion yuan in such funds to back the consumer goods trade-in program.

    The economic performance in the first half of the year demonstrated strong resilience, with domestic demand contributing 68.8 percent to GDP growth and continuing to serve as a driving force for expansion, NDRC official Zhou Chen told a press conference Friday.

    Moving forward, the NDRC will continue to promote the introduction and implementation of a series of measures to stabilize employment and the economy, Zhou said.

    The NDRC will strengthen economic monitoring, forecasting and early warning, regularly conduct policy research and preparation, and continuously improve the policy toolkit for stabilizing employment and expanding domestic demand, Zhou added.

    The NDRC will formulate a list of preventive measures against acts that obstruct the unified market and fair competition.

    It will implement stronger and more effective measures to advance the building of the unified national market as planned.

    The ratio of social logistics cost to GDP, a key indicator reflecting cost efficiency of the sector, was 14 percent in the first half of 2025, down 0.2 percentage points from the same period last year and hitting a record low, according to the NDRC.

    According to a plan unveiled last year, China aims to cut the ratio of social logistics costs to GDP to around 13.5 percent by 2027.

    MIL OSI China News

  • MIL-OSI China: Shanghai port launches ultra-low sulfur fuel oil bunkering services

    Source: People’s Republic of China – State Council News

    Yangshan Port in east China’s Shanghai Municipality has become the country’s first port to offer bunkering services for liquefied natural gas (LNG), green methanol, biofuels and ultra-low sulfur fuel oil, according to local authorities.

    Recently, bunkering vessel Qi Hong 9 carried out a bunkering operation at the port, supplying 875 tonnes of domestic ultra-low sulfur fuel oil to the COSCO PRIDE ship.

    It was the first ship-to-ship bunkering operation involving Chinese ultra-low sulfur fuel oil for an internationally navigating vessel in China, the port said.

    According to the International Maritime Organization (IMO), the sulfur content limit for fuel oil used by ships navigating in certain international waters was reduced from 0.5 percent to 0.1 percent from May 1, 2025.

    The domestic ultra-low sulfur fuel oil supplied at Yangshan Port was produced by PetroChina Huabei Petrochemical Company.

    MIL OSI China News

  • MIL-OSI China: China’s int’l trade in goods, services value up 6% in June

    Source: People’s Republic of China – State Council News

    The value of China’s international trade in goods and services reached 4.22 trillion yuan (about 588.3 billion U.S. dollars) in June, up 6 percent year on year, official data showed Thursday.

    In U.S. dollar terms, the country’s exports of goods and services amounted to 329.2 billion U.S. dollars, while the imports were 259.1 billion U.S. dollars, resulting in a surplus of 70.1 billion U.S. dollars, according to data from the State Administration of Foreign Exchange.

    Of the total, the export of goods reached 2.12 trillion yuan and the import reached 1.51 trillion yuan, resulting in a surplus of 607.3 billion yuan. The export of services reached 243.7 billion yuan and the import reached 348 billion yuan, resulting in a deficit of 104.3 billion yuan. 

    MIL OSI China News

  • MIL-OSI China: China to review, supervise CK Hutchison’s overseas ports deal in accordance with law

    Source: People’s Republic of China – State Council News

    China’s Ministry of Commerce said Thursday that the Chinese government will conduct reviews and supervision on the sales of CK Hutchison Holdings Limited’s overseas port assets in accordance with the law.

    The ministry’s spokesperson He Yadong made the remarks at a regular press conference when answering a media query.

    The Chinese government will protect fair market competition, safeguard the public interests of the society, and resolutely defend its national sovereignty, security and development interests, He said, adding that relevant Chinese authorities have issued multiple statements on the matter.

    MIL OSI China News

  • MIL-OSI Russia: China Southern Airlines and Kazakhstan’s Air Astana Sign Codeshare Agreement

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, Aug. 1 (Xinhua) — China Southern Airlines and Kazakhstan’s Air Astana have signed a codeshare agreement, the China Daily reported on Thursday.

    The codeshare agreement between the Chinese and Kazakh airlines was reportedly signed on July 29. The parties agreed to jointly operate flights on major routes, significantly expanding the options for passengers traveling between the two countries.

    The agreement covers a wide range of destinations. In particular, we are talking about China Southern Airlines flights from Beijing /Daxing Airport/, Guangzhou, Urumqi and Xi’an to Almaty, as well as from Guangzhou and Urumqi to Astana. In turn, Air Astana will operate flights from Almaty to Beijing /Shoudu Airport/, Urumqi and Guangzhou, as well as from Astana to Beijing /Shoudu Airport/.

    As Han Wensheng, CEO of China Southern Airlines, emphasized, the airline attaches great importance to the Kazakhstan market. Through cooperation with Air Astana, China Southern Airlines will further increase the frequency of flights between China and Kazakhstan.

    Air Astana CEO Peter Foster, in turn, noted that China remains a strategically important destination for Air Astana. According to him, the new partnership will allow them to strengthen their development in the Chinese market, and will also open a new chapter in cooperation between the airlines of the two countries.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: China Development Bank issues its first loan to Kazakhstan Temir Zholy for the purchase of locomotives

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, Aug. 1 (Xinhua) — China Development Bank (CDB) recently issued its first loan of 180 million yuan (about 25.18 million U.S. dollars) for Kazakhstan Temir Zholy (KTZ)’s project to purchase 200 locomotives, thanks to which the first batch of locomotives has been delivered and put into operation, Zhongxinwang reported on Thursday, citing a source in the bank.

    In February this year, a banking consortium founded by the CDB and the Import-Export Bank of China signed an agreement with Kazakhstan’s state-owned transport and logistics holding KTZ to provide it with a loan of 3.56 billion yuan, which was to be used to purchase 200 locomotives from the Chinese company CRRC Co., Ltd.

    With the exchange rate-linked advantages of cross-border financing of the Chinese national currency Renminbi, the Kazakh enterprise was offered a highly efficient and low-cost financing option, the CDB noted.

    Successful implementation of this project will effectively increase the capacity of railway transportation in Kazakhstan, the bank added.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Apple’s third-quarter revenue rose 10 percent

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    SAN FRANCISCO, Aug. 1 (Xinhua) — Apple on Thursday reported financial results for the third quarter of its fiscal 2025 ended June 28. The company’s revenue was $94 billion, up 10 percent from a year earlier.

    Diluted earnings per share for the quarter were $1.57, up 12 percent from a year earlier. The company’s quarterly net income rose to $23.43 billion from $21.45 billion a year earlier.

    iPhone sales rose to $44.58 billion from $39.3 billion a year earlier. Mac sales rose to $8.05 billion from $7.01 billion a year ago.

    The company’s services revenue was $27.42 billion, up from $24.21 billion in the previous year.

    Sales of wearables, home goods and accessories fell to $7.4 billion from $8.1 billion a year earlier.

    “Today, Apple is proud to report another record revenue for the June quarter, with double-digit growth across iPhone, Mac and Services, and growth worldwide in all geographic segments,” said CEO Tim Cook.

    “We are very pleased with our record financial performance in the June quarter, which resulted in earnings per share growth of 12 percent,” said Apple CFO Kevan Parekh.

    Apple’s board of directors has declared a cash dividend of $0.26 per share of the company’s stock. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: 40-degree heat continues in western Japan for second day in a row

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    TOKYO, Aug. 1 (Xinhua) — Extreme heatwaves continued across much of Japan on Thursday, with life-threatening temperatures of over 40 degrees Celsius recorded in some places for two days in a row, the Japan Meteorological Agency (JMA) said.

    The dangerous heat wave is reported to be mainly affecting western Japan, with the mercury rising to 40.4 degrees Celsius in Takahashi City, Okayama Prefecture, on Thursday afternoon.

    By 3:30 p.m. local time, the maximum temperature in Fukuchiyama City, Kyoto Prefecture, reached 39.5 degrees Celsius, in Iwakuni City, Yamaguchi Prefecture, 39.3 degrees Celsius, in Nishiwaki City, Hyogo Prefecture, and Akiota City, Hiroshima Prefecture, 38.9 degrees Celsius, the JMA reported.

    Heatstroke warnings were issued for 34 of Japan’s 47 prefectures on Thursday.

    Forecasters urged residents to avoid overheating by using air conditioners, drinking plenty of fluids and salt, and taking frequent breaks when exercising outdoors. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: US cuts tariffs on Cambodian products even further: PM

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    PHNOM PENH, Aug. 1 (Xinhua) — The United States has cut tariffs on Cambodian products to 19 percent, Cambodian Prime Minister Hun Manet said on social media on Friday.

    According to him, on April 2, Washington announced a duty of 49 percent, but on July 7, after negotiations, it was reduced to 36 percent. Now the rate has been reduced for the second time. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Uzbekistan presents financial code to support women’s entrepreneurship

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    Tashkent, Aug. 1 (Xinhua) — The Central Bank of Uzbekistan has presented a regulation on the implementation of a financial code on women’s entrepreneurship aimed at systematically supporting and developing businesses run by women, local media reported on Thursday, citing the bank’s press service.

    “The Central Bank of the Republic of Uzbekistan, in its role as national coordinator, has developed a National Regulation on the implementation of the international We-Finance Code initiative,” the statement said.

    This document will form the basis for building an institutional approach aimed at creating a favorable environment for supporting and developing women’s entrepreneurship throughout the country.

    It is noted that the initiative provides not only financial assistance, but also a wide range of additional measures, including training programs, consultations, and assistance in bringing products of small and medium businesses to foreign markets. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI USA: Senator Marshall: Interest Rates Need to Come Down

    US Senate News:

    Source: United States Senator for Kansas Roger Marshall

    Senator Marshall Joins Fox Business to Discuss Interest Rates and Trade Deals
    Washington – On Thursday, U.S. Senator Roger Marshall, M.D. (R-Kansas), joined Fox Business to discuss the Federal Reserve’s refusal to lower interest rates, and how the President’s trade strategy isn’t harming Americans but will get us leverage on our geo-political rivals.

    Click HERE or on the image above to watch Senator Marshall’s full interview
    On the Federal Reserve not raising interest rates:
    “Well, I wasn’t surprised, because there’s a reason that President Trump calls him Jerome ‘Too Late’ Powell. Let’s go back to March of 2021, and Jerome Powell says inflation is going to be transitory. It’s 18 months later, and it’s just starting to peak, and it’s not a couple months after that before it starts coming down. So, he is indeed always too late.
    “And let me put an exclamation point behind what President Trump is saying. To that average Kansas farmer back home, they have an operation loan of a million dollars. We saw interest rates on those loans go from 2% to 9% and that’s what caused a record drop in net farm income. So, he’s right. Every point matters. And I’m not saying we should drop at two or three points, but dropping at a quarter point or a half point, come on. I think that the economy would dictate that. Now we don’t know what’s holding up Jay Powell, except he’s always too late.”
    On the real impact of the trade deals President Trump has secured:
    “Well, I’m going to trust Michelle Bowman, of course. She’s from Council Grove, Kansas, but let’s just think about this for a second. Of all the goods that Americans consume, only about 11% of them are imported. Only 11%. So, let’s just suppose there’s a 10% tariff on 11% of what we consume. Well, my little math says that’s going to be a 1.1% increase, assuming that’s all passed along to the consumer, and you know, it’s not going to. So, I think that these tariffs could cause a one-time hit of one or 2%, but I think the manufacturers are going to absorb a lot of that. The wholesalers are going to absorb a lot of that as well.
    “And meanwhile, we’re trying to balance this trillion-dollar trade deficit. So, I think President Trump is right on task. Look at what he’s doing; Cambodia and Thailand today, he’s surrounded China. He’s got Indonesia done, Japan, Australia, Vietnam, the Philippines, [and] South Korea. So, he’s going to push China. They’ve got till August. The 12th is their deadline, I believe. So, President Trump is doing a good job.”

    MIL OSI USA News

  • MIL-OSI China: Announcement on Open Market Operations No.147 [2025]

    Source: Peoples Bank of China

    Announcement on Open Market Operations No.147 [2025]

    (Open Market Operations Office, August 1, 2025)

    The People’s Bank of China conducted reverse repo operations in the amount of RMB126 billion through quantity bidding at a fixed interest rate on August 1, 2025.

    Details of the Reverse Repo Operations

    Maturity

    Rate

    Bidding Volume

    Winning Bid Volume

    7 days

    1.40%

    RMB126 billion

    RMB126 billion

    Date of last update Nov. 29 2018

    2025年08月01日

    MIL OSI China News

  • MIL-OSI China: AI talent mobility seen in high gear

    Source: People’s Republic of China – State Council News

    Jobseekers talk with recruitment representatives at an artificial intelligence (AI) job fair held in Hangzhou, East China’s Zhejiang province, on June 28, 2025. [Photo/Xinhua]

    As the domestic artificial intelligence market draws increasing capital inflow and gains more support as a key innovation driver, talent in the sector has shown signs of heightened mobility this year, according to data released by Maimai, a domestic recruitment platform.

    As of July, 41.1 percent of employees at top AI companies in China had set their job status on the platform as “open to opportunities”, indicating a strong willingness to switch jobs, said Maimai.

    “February marked a pivotal turning point,” said Yang Ying, director of business operations at Maimai. “Since then, the number of AI professionals who switched their status to ‘open to opportunities’ has surged noticeably.”

    Yang added that about 10,000 AI professionals are newly marking themselves as open to job opportunities each month, while over 1,000 companies had posted AI-related openings on the platform by the end of July.

    The platform categorizes job status into three types: “open to opportunities”, “watching the market” and “not looking for jobs for the next six months”, designed to serve as indicators of talent mobility in different industries.

    In contrast, professionals in the broader internet industry show significantly less job-hopping intent, with only 14.7 percent marking themselves as actively seeking new roles, as of July.

    “The talent supply-demand ratio in the AI sector last year was roughly one-to-one — one candidate for each job opening. But in the first half of this year, the ratio has shifted to four candidates competing for three positions,” said Lin Fan, founder and CEO of Maimai. Lin also noted a 30 percent jump in the volume of AI job applications submitted in the first half of this year alone.

    Zhou Jian, a data analyst at the International Finance Forum, said the emerging rise of large language models such as ChatGPT was likely a watershed moment that accelerated AI development.

    “Landmark technological breakthroughs can draw heightened market attention, drive capital into AI-related sectors and serve as powerful catalysts for growth,” Zhou said.

    This week, the IFF released its report on the AI sector, which identifies talent shortages as one of the major roadblocks facing the AI industry. Still, the report remains optimistic about long-term talent growth, projecting a global increase of 2.85 million AI professionals over the next five years, bringing the total to approximately 5.85 million.

    It also showed that currently, there are about 3 million AI professionals worldwide, with 32.6 percent based in the United States and 24.4 percent in China.

    The report revealed that nearly 50 percent of AI professionals are engaged in core areas like research and development (32.6 percent) and data analytics (16.2 percent), with a dominance of R&D-related hiring across major AI companies.

    “This situation suggests that the industry is still in an early development phase,” Zhou noted.

    Campus recruitment data from Maimai showed that a significant portion of entry-level AI salaries still fall in the lower end. Positions offering monthly salaries under 20,000 yuan ($2,781) account for 32.5 percent, while those exceeding 50,000 yuan make up only 18.2 percent. More than 55 percent of roles offer salaries below 30,000 yuan.

    However, Yang from Maimai added that the recruitment platform has observed rising demand for AI talent beyond core technical roles as the country’s new economy sectors accelerate AI adoption.

    “Opportunities are increasingly emerging in non-tech functions such as product management, HR business partnering, branding and operations,” Yang said, adding that candidates with AI project experience often see a notable uptick in profile views after updating their resumes.

    MIL OSI China News

  • MIL-OSI Russia: Six people died in a road accident in Russia’s Penza region

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    Moscow, August 1 /Xinhua/ — Six people died in a traffic accident on a federal highway in the Penza region of the Russian Federation, the regional State Traffic Inspectorate reported on its Telegram channel on Friday.

    As reported, at 5 a.m. Moscow time, at 571 km of the federal highway M5 “Ural” within the boundaries of the Mokshansky district of the Penza region, a collision occurred between two cars – a Datsun on-do and a Chevrolet Epica. Six people died, another was hospitalized with injuries of varying severity.

    Currently, traffic police officers and emergency services are working at the scene of the accident. The causes of the accident are being established. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: China’s Deputy Permanent Representative to the UN Rejects US Accusations Over Ukraine Crisis

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    UNITED NATIONS, Aug. 1 (Xinhua) — China’s Deputy Permanent Representative to the United Nations Geng Shuang on Thursday rejected U.S. accusations against China over its role in the Russia-Ukraine conflict.

    At a Security Council meeting on Ukraine, a US envoy accused China of being the “most important supplier” to Russia’s military efforts.

    In response, the Chinese diplomat rejected the false and slanderous statements against China by the United States as absolutely unacceptable.

    China did not create the Ukrainian crisis and is not a party to it. China has never supplied lethal weapons to either side in the conflict and strictly controls the export of dual-use goods, including drones, Geng Shuang said.

    “The parties to the conflict are not under sanctions by the Security Council. China maintains normal trade relations with Russia and Ukraine. In doing so, it does not violate international law or its international obligations. China’s legitimate rights and interests should not be infringed upon,” the deputy permanent representative said. “In fact, the United States has still maintained trade with Russia. If the United States itself does this, why does it not allow others to do the same?” he added.

    The Ukrainian crisis is at a critical stage, and there is hope for a political solution. The United States cannot, on the one hand, expect China to play its role in ending the conflict as soon as possible, and on the other hand, continue to denigrate China and put pressure on it, Geng Shuang said.

    China once again calls on the United States to stop playing meaningless blame games, stop shifting responsibility to others, and play a constructive role in ending the fighting and advancing peace talks, the diplomat said.

    Resolving the Ukrainian crisis requires unity and cooperation, not division and confrontation, the deputy permanent representative added.

    Speaking about arms supplies to Ukraine, Geng Shuang expressed concern about the expanding variety and range of weapons entering the battlefield, as well as their growing lethality and destructive power.

    Reckless transfers of weapons to the battlefield will only escalate the confrontation, prolong the conflict, create risks of its spread and lead to further casualties and suffering for the populations of both sides and the entire region, he warned.

    The first priority for Russia and Ukraine is to work together to de-escalate the situation on the battlefield as quickly as possible. They must maintain the momentum of the talks, continue to seek consensus, and ultimately reach a comprehensive, lasting and binding peace agreement, the diplomat said.

    Since the first day of the conflict, China has advocated peaceful resolution of disputes and called on the parties to the conflict to stop hostilities, start negotiations and restore peace as soon as possible, Geng Shuang said, adding that China will continue to cooperate with the international community to play a constructive role in an early political settlement of the crisis. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Ordos City’s Kanbash District Develops Intelligent Transportation System

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    In the Kangbash District of Ordos City in the Inner Mongolia Autonomous Region, driverless cars are cruising the streets, creating a unique landscape. These scenes that look like science fiction have now become the daily reality of this city. As the only city in northwest China participating in two pilot projects, Ordos is building an intelligent transportation system that deeply integrates cars, roads, and cloud technologies, covering areas such as public transportation, logistics, street cleaning, etc.

    So far, 10 driverless buses have traveled a total of 120,000 kilometers and served 46,000 passengers. 15 driverless trucks have fulfilled 450,000 orders. 5 driverless cleaning machines have automated the cleaning of an area of 964,000 square meters.

    As is known, the second phase of the project “Integration of Cars, Roads and Cloud Technologies” was officially launched in December 2024, and its completion is scheduled for August 18, 2025. Within the framework of the second phase of the project, it is planned to build 35 intelligent intersections and 49 road sections, as well as place 8 unmanned vehicles, including 4 buses, 3 trucks and 1 cleaning machine.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI China: China clarifies tax incentives for foreign investors reinvesting dividends

    Source: People’s Republic of China – State Council News

    BEIJING, Aug. 1 — China’s State Taxation Administration (STA) has released detailed implementation rules for foreign investors claiming tax credits on reinvested dividends, providing operational guidelines for preferential tax treatment under a recently released policy.

    In June, China’s finance, taxation and commerce authorities unveiled a tax incentive granting foreign investors a 10 percent corporate income tax credit on direct domestic investments funded by dividends from Chinese resident companies.

    The measure, effective as of Jan. 1, 2025 and running through Dec. 31, 2028 — allows unused credits to be carried forward and applies lower rates under existing tax treaties.

    According to a notice released by the STA on Thursday, profits used to pay up subscribed registered capital or increase paid-in capital or capital reserves, qualify as eligible reinvestment.

    The STA notice also clarified executable frameworks for this tax incentive, including definition of the holding period for reinvestment by foreign investors, the calculation method for the determination of the tax credit amount, and procedures for foreign investors to claim tax credits.

    China, notably, has been offering tax incentives to boost overseas investment. Foreign reinvestment in China benefiting from a tax deferral policy saw rapid growth in 2024, earlier data from the STA showed.

    MIL OSI China News

  • MIL-OSI: Heilind Electronics Announces Retirement of Asia President William Sim and Appointment of Charles Tan as Successor

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, Mass., Aug. 01, 2025 (GLOBE NEWSWIRE) — Heilind Electronics, a leading distributor of interconnect, electromechanical, and sensor solutions, is pleased to announce the retirement of William Sim, President of Heilind Asia, effective July 15, 2025. Sim has been a cornerstone of Heilind’s international expansion for over a decade, playing a pivotal role in establishing the company’s footprint and reputation throughout the Asia Pacific region.

    Charles Tan has been hired to succeed Sim as President of Heilind Asia, effective immediately. Tan joins Heilind from Future Electronics where he served as Managing Director for Greater China. With 12 years of executive leadership experience across Asia, Tan brings a proven track record in scaling complex distribution businesses and driving growth in high-performance markets.

    Tan holds a Bachelor of Science in Telecommunications Engineering from Shanghai University of Technology, a Master’s degree in Economics from Fudan University, and an MBA from McGill University.

    “William Sim’s leadership was instrumental in transforming Heilind into a truly global distributor,” said Robert Clapp, President & CEO at Heilind Electronics. “We thank him for his vision, discipline, and commitment to excellence. We are equally confident in Charles Tan’s ability to lead the Asia team with integrity and boldness as we move into our next chapter.”

    This leadership transition marks a key milestone in Heilind’s global growth strategy and underscores the company’s ongoing investment in regional talent, infrastructure, and customer relationships throughout Asia.

    About Heilind Electronics

    Heilind Electronics, Inc. (https://www.heilind.com) is one of the world’s leading distributors of connectors, relays, sensors, switches, thermal management and circuit protection products, terminal blocks, wire and cable, wiring accessories, and insulation and identification products. Founded in 1974, Heilind has locations throughout the U.S., Canada, Mexico, Brazil, Germany, Singapore, Hong Kong, and China.

    For media inquiries, please contact:

    David P. Warren, Director of Global Marketing

    Heilind Electronics

    dwarren@heilind.com

    The MIL Network

  • MIL-OSI Russia: China to boost support for consumer goods trade-in program

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, Aug. 1 (Xinhua) — Chinese authorities plan to allocate 69 billion yuan (about 9.65 billion U.S. dollars) in special super-long-term bonds in October to support the trade-in program for consumer goods, the National Development and Reform Commission (NDRC) said at a press conference on Friday.

    According to the official of the SCRR Jiang Yi, this volume of securities aimed at implementing the above-mentioned program will be the fourth and last in 2025. Within the framework of the current year, the Ministry of Finance, together with the SCRR, plans to allocate a total of 300 billion yuan for these needs.

    China’s economy showed strong resilience in the first half of 2025, said Zhou Chen, another NCRR official, adding that domestic demand contributed 68.8 percent to the country’s GDP growth in January-June and continued to serve as an important driving force for economic growth.

    According to Zhou Chen, in the future, the NCRR will continue to promote the adoption and implementation of a series of measures to stabilize employment and the economy. In addition, the NCRR will strengthen economic monitoring and forecasting, as well as risk prevention to enhance economic security, and will continuously improve the set of policy instruments that promote employment growth and expansion of domestic demand, he noted. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Lightning: Chinese President, Nepalese President Exchange Congratulations on 70th Anniversary of Establishment of Diplomatic Relations

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    Xinhua | 01. 08. 2025

    Key words: China-Nepal

    Source: Xinhua

    Flash: Chinese President, Nepalese President exchange congratulations on 70th anniversary of diplomatic relations Flash: Chinese President, Nepalese President exchange congratulations on 70th anniversary of diplomatic relations

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Two dead, two missing after heavy rains hit northern Vietnam

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    HANOI, Aug. 1 (Xinhua) — Heavy rains have triggered floods and landslides in Vietnam’s northern Dien Bien Province, leaving two people dead and two missing, the Vietnamese Department of Dam Management and Disaster Prevention said on Friday.

    Heavy rains from Thursday evening into early Friday morning in Thiazin commune, Dien Bien province, caused houses to collapse, trapping two people and killing two others.

    Authorities also reported damage to at least 25 homes in the affected areas, local newspaper Tuoitsche reported.

    Search and rescue operations are ongoing in the region. Some areas are inaccessible due to landslides, which complicates the situation. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • Thailand returns some Cambodian soldiers ahead of key border talks

    Source: Government of India

    Source: Government of India (4)

    Thailand’s army sent home two Cambodian soldiers from a group of 20 on Friday, ahead of a key meeting in Malaysia next week where defence ministers and military commanders will hold talks aimed at maintaining a ceasefire along their disputed border.

    Long-simmering tensions on the Thai-Cambodian border exploded into clashes last week, including exchanges of artillery fire and jet fighter sorties, the worst fighting between the Southeast Asian neighbours in over a decade.

    The clashes claimed at least 43 lives and left over 300,000 people displaced.

    A truce was achieved on Monday, following a push by Malaysia and phone calls from U.S President Trump who threatened to hold off tariff negotiations with both countries until fighting stopped.

    Thailand and Cambodia previously faced tariffs of 36% for sending goods to the U.S., their largest export markets. Following further negotiations, they will now pay a 19% tariff, the White House announced on Friday.

    In Bangkok, Thai government spokesperson Jirayu Houngsub told reporters on Friday that two Cambodian soldiers had been sent back, and the remaining 18 were being processed for violating immigration law.

    “The Cambodian soldiers intruded on Thai territory and the army took them into custody, treating them based on humanitarian principles,” he said.

    In a statement, the Cambodian defence ministry asked Thailand to return all the detained soldiers.

    “Cambodia is actively engaging in negotiations to secure their release, and reiterates its firm call for their immediate and unconditional release in accordance with the international humanitarian law,” a ministry spokesperson said.

    Defence ministers and military leaders from both sides, who were previously scheduled to meet in the Cambodian capital next week, will now hold talks in Malaysia, after Thailand sought a neutral venue for the meeting.

    The General Border Committee, which coordinates on border security, ceasefires, and troop deployments, will meet between August 4-7, Thai Acting Defence Minister Nattaphon Narkphanit told reporters.

    “Defence attachés from other ASEAN countries will be invited as well as the defence attachés from the U.S. and China,” a Malaysian government spokesperson told reporters, referring to the Southeast Asian regional bloc that the country currently chairs.

    Thailand and Cambodia have for decades claimed jurisdiction over undemarcated points along their 817-km (508-mile) land border, with ownership of several ancient temples at the centre of disputes.

    In May, a Cambodian soldier was killed in a skirmish, leading to a troop build-up and a diplomatic crisis, which eventually snowballed into five-days of intense fighting in late July.

    (Reuters)

  • MIL-OSI China: Cambodia, Thailand to mull over border issue in Malaysia next week

    Source: People’s Republic of China – State Council News

    Cambodia has welcomed Thailand’s proposal to hold talks on border issue in Malaysia next week, a Cambodian defense ministry spokesperson said on Friday.

    “I would like to take this opportunity to confirm that Cambodia welcomes Thailand’s proposal to hold a meeting of the General Border Committee (GBC) in Kuala Lumpur,” Cambodian Defense Ministry’s Undersecretary of State and spokesperson Lt. Gen. Maly Socheata said at a press briefing.

    “We’re very confident that this meeting will be constructive and yield fruitful outcomes,” she said.

    According to Socheata, Cambodia’s Defense Minister Tea Seiha and Thailand’s Deputy Defense Minister Nattaphon Narkphanit will attend the upcoming meeting.

    The office of the spokesperson of Thailand’s Ministry of Defense said Thursday on social media that Deputy Minister of Defense Nattaphon Narkphanit had officially responded to “Cambodia’s invitation” for a special GBC meeting.

    In his reply, Nattaphon welcomed the opportunity to join the meeting and emphasized a shared commitment to reduce tensions and resolve border security issues in a peaceful and constructive manner.

    On July 24, armed clashes broke out between soldiers of Cambodia and Thailand along disputed border. The two countries agreed on a ceasefire on July 28, taking effect at the midnight of July 28.

    MIL OSI China News

  • MIL-OSI China: Death toll from Russian strikes on Ukrainian capital rises to 28

    Source: People’s Republic of China – State Council News

    The death toll from Thursday’s Russian missile and drone strikes on Kiev has risen to 28, including three children, authorities said on Friday.

    Ukraine’s State Emergency Service reported that 159 people were injured in the attack.

    The heaviest casualties occurred in the Sviatoshinskyi district, where part of a nine-story apartment building was destroyed.

    Search and rescue efforts are ongoing at the scene.

    MIL OSI China News

  • MIL-OSI China: Beijing hosts eldercare robot competition

    Source: People’s Republic of China – State Council News

    The inaugural Beijing Intelligent Healthcare and Nurse Robots Application Competition took place on Tuesday in the Beijing Economic-Technological Development Area (Beijing E-Town), coinciding with the launch of the IEC 63310 international standard for eldercare robots.

    The competition showcased 53 products from 40 teams across China, focusing on five key scenarios of eldercare: rehabilitation training, caregiving, intelligent companionship, health monitoring, and public services. Participants represented cities including Beijing, Tianjin, Shenzhen, Hangzhou, Nanjing, and Wuxi, covering the entire industry chain from hardware manufacturing to software development.

    The competition broke away from traditional formats by introducing a pioneering “Direct-to-Market” model, designed to better match supply with demand through collaboration among government, industry, academia, research institutions, and end users.

    “Participating in this competition helps boost our market recognition and brand competitiveness, enabling precise supply-demand matching and accelerating implementation,” said Shuai Mei, CEO of Beijing AI-robotics Technology Co., Ltd.

    The competition invited senior citizens to participate as judges, aiming to collect their feedback to ensure that the featured technologies meet their real life needs. One participant, a 73-year-old senior surnamed Zhang, said “Robotic care for the elderly is the future trend. I saw many specialized robots today that assist with walking and hand rehabilitation.”

    As the world confronts aging demographics, Beijing E-Town is leading the way in the eldercare robotics, with over 300 specialized companies and an industrial chain exceeding 10 billion yuan (US$1.39 billion).

    “This event is not only a technical competition but also a platform for building the industrial ecosystem,” said a government representative from Beijing E-Town. “We aim to promote research, application, and production through the competition, facilitating the transition of robotic technology from the laboratory to the frontline of eldercare, and ensuring it meets the real needs of seniors.”

    MIL OSI China News

  • MIL-OSI Russia: One worker dead, five missing in Chile mine collapse

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    SANTIAGO, Aug. 1 (Xinhua) — One person was killed, nine were injured and five others were missing on Thursday after a mine collapsed in the O’Higgins region of Chile, local authorities said.

    The victims’ lives are not in danger, the National Copper Corporation of Chile (Codelco) said. The search for the five missing persons is continuing.

    According to authorities, the incident occurred after a magnitude 4.2 earthquake hit the central part of the country on Thursday at 17:34 local time.

    An investigation into the cause of the accident is underway. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: China Video Conference Calls for Strong Measures to Combat Chikungunya Fever

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, Aug. 1 (Xinhua) — China held a national video conference on the prevention and treatment of Chikungunya fever, a mosquito-borne viral disease, on Tuesday, calling for strong measures to combat it.

    The conference stressed the need to step up efforts to assess epidemic risks, resolutely protect people’s health and ensure overall economic and social stability, according to a statement posted on the website of China’s National Health Commission on Wednesday.

    The meeting decided on the need for monitoring and early warning of the disease in order to prevent its further spread and corresponding cases of imported infection.

    Particular attention was paid to efforts to improve sanitation and disinfection in high-risk areas, as well as evidence-based and effective measures to prevent and repel mosquito bites.

    Hospitals and health care facilities are urged to strengthen quality control of relevant tests and management of outpatient and emergency services to ensure early detection and appropriate treatment of the disease and to minimize possible severe cases or deaths.

    In addition, the video conference also emphasized the importance of thorough public health education and information dissemination to build people’s confidence in this fight.

    Chikungunya fever is an acute infectious disease caused by the virus of the same name, the clinical symptoms of which include fever, rash and joint pain. The virus is transmitted to humans through the bites of infected mosquitoes.

    From July 20 to 26, a total of 2,940 new locally transmitted cases were reported in Guangdong Province, southern China. The cases reported were mild, and no severe or fatal cases have been reported so far, according to the provincial disease control and prevention agency on Sunday. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: LCSD to present lecture series “Shanghai, Shanghai – A Reminiscence of Chinese Pop”

    Source: Hong Kong Government special administrative region – 4

         The Leisure and Cultural Services Department will launch a lecture series entitled “Shanghai, Shanghai – A Reminiscence of Chinese Pop” from October to November. The six-lecture series, curated and hosted by Dr Jim Chang, will take audiences to revisit the Chinese popular songs (or “shidaiqu”) that emerged and flourished in Shanghai from the 1920s to 1940s and remain popular nowadays, along with their iconic figures, through concise and easily comprehensible explanations. Accompanied by classic song sharing, the programme will also elaborate on the cultural ties between Shanghai and Hong Kong’s popular music scenes. 

         Details of each lecture are as follows:

    Lecture 1: Li Jinhui and the “Minyue Concert”
    ——————————————————–
    Date: October 21 (Tuesday)

         Li Jinhui, hailed as the “Father of Chinese Popular Music”, introduced a novel genre of “sinofied jazz” to China and composed “Drizzle” (or “Mao Mao Yu”), which has been described as “the first Chinese popular song”. He also established the song and dance troupe Minyue Concert, which became a cradle for a generation of musical and cinematic stars. The speaker will introduce this great musician and his troupe, and explore their influences on the creation and development of Chinese popular music. 

    Lecture 2: Li Jinguang and his “Tuberose”
    ———————————————
    Date: October 28 (Tuesday)

         The “Tuberose”, composed and written by Li Jinguang, renowned as the “King of Song”, and originally sung by Li Hsiang-lan, has become a timeless hit across China and beyond with its ethereal melodies. Famous singers, including Teresa Teng, have covered this classic. The speaker will guide the audience through the fascinating origins of this evergreen masterpiece.  

    Lecture 3: The Romance of Chen Gexin
    ———————————————
    Date: November 4 (Tuesday)

         Chen Gexin, renowned Shanghai composer-lyricist, created timeless classics including “Rose, Rose, I love You”, “Everlasting Smile”, “Shanghai By Night”, “Gong Xi Gong Xi”, and more. The speaker will lead audiences to look back at the life of the “Immortal of Song”, whose brief 40-year lifespan left an indelible mark on old Shanghai’s popular music scene. 

    Lecture 4: Engrossing Shanghai Tunes
    ———————————————
    Date: November 11 (Tuesday)

         In the early 20th century, Shanghai’s music scene groomed countless renowned artists, laying the foundation for a distinguished style named “Hai pai” (Shanghai-style) in the new era. By the 1940s, artists from different backgrounds, such as the Li (Li Jinhui) School, academic schools and the Japanese War of Resistance composers, together made contributions to create a glorious decade for the popular music of old Shanghai. In this lecture, the speaker will give an overview of the music development of this period, and introduce several beloved masterpieces. 

    Lecture 5: The Gorgeous Li Hsiang-lan
    ———————————————–
    Date: November 19 (Wednesday)

         Coloratura soprano Li Hsiang-lan was one of the Shanghai’s “seven great singing queens” in the 1940s. Her family background, identity and growth experiences made her life truly legendary. The speaker will guide audiences to walk through the first half of the extraordinary journey of her life as a “beauty among beauties”, and to appreciate her alluring voice back in the old Shanghai period. 

    Lecture 6: A Tale of Two Cities
    ———————————————
    Date: November 25 (Tuesday)

         In the 1940s and 1950s, many Shanghai entrepreneurs, intellectuals and musicians moved to Hong Kong, including famous composers Li Houxiang, Yao Min, and Wang Fu-ling, bringing along the Shanghai soundscape to the city. The speaker will explore their profound impact on the development of Hong Kong’s popular music culture. 

         Dr Chang joined the Hong Kong Chinese Orchestra as a sheng musician after graduation from university. He has been the President of the Hong Kong Library Association, and retired as the Chief Librarian of the Hong Kong Central Library. Dr Chang is currently a part-time lecturer in the Academy of Music of Hong Kong Baptist University and the Honorary Artist-in-Residence in the Department of Cultural and Creative Arts of the Education University of Hong Kong. 

         All lectures will be conducted in Cantonese and will start at 7.30pm in AC2, Level 4, Administration Building, Hong Kong Cultural Centre. Each lecture will run for about one hour and 30 minutes. Tickets priced at $80 (for each lecture, with free seating) are now available at URBTIX (www.urbtix.hk). For telephone bookings and concessionary schemes, please call 3166 1288. For programme enquiries, please call 2268 7321 or visit www.lcsd.gov.hk/CE/CulturalService/Programme/en/music/programs_1877.html.

    MIL OSI Asia Pacific News