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Category: Russia

  • MIL-OSI Russia: Financial news: Average price of MTPL policy in Q1 was 6.9 thousand rubles

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    In January-March 2025, the cost of a classic MTPL policy for ordinary motorists was on average 5.1% lower than a year earlier (7.3 thousand rubles). They issued almost 8.3 million such compulsory motor insurance contracts.

    Another 1.5 million classic MTPL policies were issued to other categories of policyholders (public transport, business representatives, etc.). In the first quarter, about 0.9 million were concluded.short-term OSAGO contractsThese policies are in demand mainly among taxi drivers, who took them out for an average of two days for 272 rubles.

    The total amount of premiums under compulsory motor third party liability insurance amounted to 73.9 billion rubles, and payments amounted to 51.7 billion rubles.

    Overall, the insurance market in Q1 increased almost 1.5 times, to 845.4 billion rubles. As in the previous year, almost all of the growth was provided by the segment of accumulative and investment life insurance. The volume of payments for this period increased more than twofold, to 602.5 billion rubles. Read more about the situation on the market in“Review of key performance indicators of insurers”.

    Preview photo: LeManna / Shutterstock / Fotodom

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  • MIL-OSI Russia: Dmitry Patrushev: Rosprirodnadzor’s systematic work allows us to identify and fairly stop environmental violations

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    On Ecologist Day, Deputy Prime Minister Dmitry Patrushev spoke at a meeting of the board of Rosprirodnadzor. He spoke about the department’s successes last year and outlined the tasks for the current year.

    “Our country is consistently moving towards achieving environmental well-being. It is Rosprirodnadzor that the state has entrusted with the responsible role of verifying the quality of measures implemented within the framework of the national project of the same name in this large-scale process. This concerns control over wastewater treatment, elimination of accumulated damage, as well as the level of air pollution and other areas of work. In all these areas, a rational supervision system has been built, which, in general, allows us to identify and fairly suppress environmental violations,” Dmitry Patrushev emphasized.

    The Deputy Prime Minister noted that in 2024, the service’s activities provided almost 32.5 billion rubles in revenues to the consolidated budget, which is 30% more than the forecast expectations. The bulk of these funds are directed to environmental programs in regional budgets.

    The department’s activities actively include electronic services, including for collecting reports and budget administration. From 2020 to 2025, the number of services provided digitally increased 16 times and now covers their entire range. Dmitry Patrushev added that digitalization will help expand the remote control system, which in turn will increase the mobility of Rosprirodnadzor and the number of events carried out.

    The Deputy Prime Minister reported that in 2024, the number of preventive visits and warnings from the department exceeded 80 thousand, which is almost twice as much as the year before. At the same time, the number of scheduled inspections is decreasing. Last year, 30% fewer of them were carried out than in 2023.

    Rosprirodnadzor also continues to assess the impact of accumulated harm on the environment for inclusion in the relevant register. Last year, more than 230 accumulated harm objects were surveyed and assessed in 49 regions.

    Dmitry Patrushev outlined the department’s tasks for the current year, including within the framework of work to complete the construction of treatment facilities on the Volga and Baikal, issuing comprehensive environmental permits, and administering the extended producer responsibility reform.

    Rosprirodnadzor is also assigned a key role in the experiment on quotas for pollutant emissions in cities participating in the federal project “Clean Air”. The Deputy Prime Minister emphasized that the list of such objects and the quota sizes should be established this year.

    In conclusion, Dmitry Patrushev noted that over the past six years, funding for Rosprirodnadzor and its subordinate institutions has increased by 3.5 times. In addition, in 2025, the Government has additionally allocated 6 billion rubles to increase salaries for employees of the agency over the coming years, which will also help attract young, motivated specialists to the industry.

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  • MIL-OSI Russia: Tatyana Golikova visited the Noginsky boarding house in the Moscow region

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    On the eve of Social Worker Day, Deputy Prime Minister Tatyana Golikova visited the gerontology department of the Noginsky boarding house in Chernogolovka, Moscow Region.

    “Today’s visit is connected with the fact that our colleagues, workers of the social service system, have a professional holiday. These are incredible people who give themselves to those who come to them with their difficult life situations. I sincerely want to thank all social workers of the country for this work, for the love for those people to whom they give themselves,” Tatyana Golikova congratulated the workers.

    During the visit, the Deputy Prime Minister inspected the boarding house and talked to residents and staff. The institution has double occupancy, an assembly hall, a tea room, a library, and a physical therapy room.

    “Today in the Moscow Region we are also getting acquainted with active longevity technologies, which, on the instructions of the head of state, we will implement from January 1, 2025, as part of the national project “Family”. I am sure that thanks to such technologies, the number of senior citizens will grow. We see that technologies allow us to nurse even the most seriously ill patients so that they return to life, to society and become active. Now we are working in two areas: to support the older generation and those people who need help, people with disabilities, people who suffered during a special military operation, and their families. We are actively developing a long-term care system. By 2030, on the instructions of the head of state, 500 thousand of our citizens should be covered by long-term care, now it is 174 thousand. Such social homes are also one of the areas. As part of our project, together with the regions, we will carry out major repairs of 43 such houses and build 55. The most important thing is that these are not the same nursing homes that were before. This is a completely new look for social homes, where people who come here find their family, and sometimes even get married,” the Deputy Prime Minister noted.

    The department employs 35 people, and is home to 45 elderly and disabled people. They have daily classes – Nordic walking, fitness, drawing, beading, string art, decoupage, dancing, cooking, and also have their own choir. All residents undergo annual medical examinations.

    In 2025, the boarding house took first place in the country as the best organization with the safest and most harmless working conditions.

    In total, there are 36 state-run boarding houses in the Moscow region, where 7 thousand elderly citizens and disabled people live.

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  • MIL-OSI Russia: Dmitry Chernyshenko: Seven winners of the third wave of selection of research centers in the field of artificial intelligence will receive 4.7 billion rubles

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    At the Government Coordination Centre, Deputy Prime Minister Dmitry Chernyshenko presented the results of the selection of the third wave of research centres in the field of artificial intelligence (AI). The winning universities and research organisations will receive grants to conduct research and create breakthrough world-class industry solutions.

    Dmitry Chernyshenko reported that the winners were HSE University, Innopolis, ISP RAS, ITMO University, MIPT, Skoltech, and for the first time, Lomonosov Moscow State University will be involved in the research.

    “Each of the seven selected third wave centers will receive 676 million rubles for two years – until 2026 – to conduct fundamental research in the field of strong, trusted, multi-agent AI. The total amount of budget funding will be 4.7 billion rubles for all centers,” he added.

    The Deputy Prime Minister noted that President Vladimir Putin and Prime Minister Mikhail Mishustin set the task of focusing on fundamental areas in the field of AI and conducting research in other areas, but with the mandatory use of AI technologies. Within the framework of the federal project “Artificial Intelligence”, the operator of which is the Ministry of Economic Development, a grant competition is being held for research centers.

    “Investments in AI research centers have already proven their effectiveness. The first wave of centers dealt with issues of strong, trusted, ethical artificial intelligence. The second wave is dedicated to industry research for medicine, transport, industry and smart cities. These centers create almost half of all Russian scientific groundwork in AI. President Vladimir Putin set the task of publishing at least 450 papers at top-level conferences in the field of AI in the world by 2030 – A*. We see that investments are achieving results, so the Government continues to develop such support programs,” Dmitry Chernyshenko emphasized.

    He added that an important foresight session on fundamental and exploratory research in the field of AI was held in 2024. At it, leading Russian scientists with a global reputation identified 10 priority areas for the development of science in the field of artificial intelligence in the coming years.

    “These areas are a strategic benchmark for public investment, which, as a rule, also attracts off-budget investment. The selection of the third wave was carried out taking into account these priorities, and we plan to conduct further research in Russia in relation to them. The Ministry of Economic Development and the Ministry of Education and Science are also preparing a unified research program in the field of AI, which will consolidate this logic,” concluded Dmitry Chernyshenko.

    He asked the selected centers to support the winners and prize winners of the AI Olympiads, who also took part in the event.

    A total of 19 applications from centers from 10 regions of Russia were submitted for selection. The centers’ programs state the key areas of foresight in fundamental and exploratory research in the field of AI, conducted in 2024: agent/multi-agent systems, elements of strong AI, fundamental and generative AI models.

    “Artificial intelligence today has a significant impact on the development of many sectors of the economy. On the instructions of the President, the national strategy for the development of AI until 2030 is being implemented. Support for the activities of research centers in this area is a critically important tool that allows us to create a research base for the comprehensive development of sovereign AI in the country,” said First Deputy Minister of Economic Development Maxim Kolesnikov.

    Grigory Bokov, Director of the Research Center for Artificial Intelligence at Lomonosov Moscow State University, said that the goal of their center is to develop modern artificial intelligence technologies, including in the direction of so-called general artificial intelligence, capable of solving a wide range of problems, just as humans do.

    “We combine deep scientific research with applied developments that can already be in demand in the economy, industry, medicine and education. The project involves specialists from seven departments of Moscow State University, including leading Russian and foreign scientists,” he said.

    Expert support for the competitive selection and subsequent support for the implementation of research center activity programs is provided by the Strategic Agency for Support and Formation of AI Developments (SAPFIR), a project office created on the basis of the Skolkovo Foundation.

    “In the next two years, SAPFIR will focus on supporting research centers to achieve all their goals in both the scientific and commercial parts. Their activities will contribute to the creation of a technological reserve for Russia in the field of artificial intelligence, as well as attracting and developing the best personnel in the country,” said SAPFIR Director Tatyana Soyuznova.

    Let us recall that in 2021, the first wave of research centers in the field of AI was selected as part of the federal project “Artificial Intelligence” (national program “Digital Economy”). Six scientific and educational organizations received state support totaling more than 8 billion rubles. Their work resulted in 165 articles in leading scientific journals, 206 publications at top-level conferences, as well as the creation and support of 15 frameworks. Together with 36 industrial partners, including Sber, Yandex, MTS and other large companies, the centers have already implemented about 50 applied solutions.

    As part of the second selection wave, support was received by industry AI centers based at leading universities and research centers, such as the N.N. Blokhin National Medical Research Center of Oncology, S.P. Korolev Samara University, and others. These centers focus on training industry specialists, creating databases, and supporting specialized frameworks. RUB 3.8 billion from the federal budget has been allocated to finance their activities in 2023–2026.

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  • MIL-OSI Russia: Dmitry Patrushev and Kirov Region Governor Alexander Sokolov discussed agricultural development and regional environmental issues

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Deputy Prime Minister Dmitry Patrushev held a working meeting with Kirov Region Governor Alexander Sokolov. They discussed the development of the region’s agro-industrial complex, as well as the environmental agenda.

    The Kirov Region maintains its position in the ranking of regions – leaders in milk production volume, according to this indicator it is among the five largest in the Russian Federation. It constantly demonstrates growth. Last year, Kirov livestock breeders received almost 860 thousand tons of milk.

    The sowing campaign is coming to an end in the region. Spring crops have been sown on about 300 thousand hectares (more than 84% of the area). Dmitry Patrushev drew attention to the fact that farmers must be provided with all the necessary resources to carry out field work.

    The meeting also discussed issues of ecology and nature conservation. The Deputy Prime Minister noted that the Kirov Region is rich in forest resources and issues related to forest management are strategic for the socio-economic development of the region.

    Alexander Sokolov spoke about the development of the waste management system in the Kirov Region. By 2030, the region plans to create 10 solid municipal waste management infrastructure facilities. The most significant project for the region is the construction of the Central waste processing complex in the Slobodskoy District. The enterprise will become one of the elements of the smart waste collection system, its sorting and processing into raw materials for further production.

    The meeting summed up the results of the implementation of the national project “Ecology” in the region. In the Kirov region, six unauthorized dumps were eliminated, measures were taken to preserve forests and improve the system of handling solid municipal waste. Almost 3 billion rubles were allocated from the federal budget for these purposes.

    Within the framework of the new national project “Environmental Well-being”, which was launched this year, work in these areas will continue.

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  • MIL-OSI Russia: Marat Khusnullin: More than 700 thousand meters of barrier fences will be installed on roads this year under the national project “Infrastructure for Life”

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Thanks to the national project “Infrastructure for Life”, large-scale work is being carried out in the regions of the country not only to update the road network, but also to equip facilities with safety elements.

    “Improving the safety of all road users is one of the key objectives of the national project “Infrastructure for Life”, especially with the growing level of motorization, traffic intensity and population mobility. To implement it, large-scale work is being carried out in the regions participating in the national project not only to update the road network, but also to equip facilities with safety elements. Every repaired kilometer of road, traffic light and illuminated section is a contribution to preventing accidents and protecting Russians. In 2025, more than 700 traffic lights, almost 219 thousand meters of street lighting lines, over 700 thousand meters of barriers and 123 thousand meters of pedestrian fences will be installed in the participating regions. Specialists will equip more than 485 thousand meters of sidewalks and 14.5 thousand meters of pedestrian paths, 4.4 thousand meters of rumble strips, and install almost 96.1 thousand road signs,” he said. Deputy Prime Minister Marat Khusnullin.

    On the instructions of the President of Russia, the mortality rate from road accidents must be reduced by 1.5 times by 2030 and by 2 times by 2036 compared to the 2023 figure.

    “The solution to these problems will require the expansion of interdepartmental cooperation in all key positions in the field of road safety. We have positive experience in implementing the previous national project. Its distinctive feature was that road works were carried out in a comprehensive manner. The current pace must be maintained in the new national project “Infrastructure for Life”. This year, to achieve its indicators, road works will be carried out on almost 26 thousand km of the federal, regional and local road network. Accordingly, measures will be taken to ensure road safety at the sites,” said Transport Minister Roman Starovoit.

    Particular attention is paid to routes to socially significant facilities, where infrastructure elements are designed taking into account increased pedestrian traffic.

    “This year, we plan to bring almost 3,000 km of regional and local roads leading to educational institutions, more than 2,000 km of roads to tourist attractions, and the same number to medical institutions into compliance with the regulations. Each facility must be served by a high-quality road with the necessary elements to ensure the safety of road users,” emphasized Igor Kostyuchenko, Deputy Head of the Federal Road Agency.

    Such work is actively carried out in the Republic of Ingushetia. Particular attention is paid to those routes that are most in demand by children during the summer holidays: these are approaches to summer and health camps, sports facilities, and playgrounds. This year, the republic plans to install almost 380 road signs, 33 pedestrian crossings, 8 speed bumps, 18,000 linear meters of sidewalks, and 196 linear meters of pedestrian fencing.

    In Krasnoyarsk Krai, about 20 km of sidewalks will be installed under the national project. In addition, new lighting lines with a length of almost 30 km will be installed within the boundaries of populated areas. It will become lighter this year in the village of Sizaya in Shushensky District, the city of Lesosibirsk in Yenisei District, the settlement of Novoangarsk in Motyginsky District, and the village of Bol’shiye Knyshi in Idrinsky District. About 64.5 km of metal barrier fencing will also be installed.

    Sidewalk construction is actively underway in the Moscow Region. In total, it is planned to build more than 60 km of sidewalks on 70 sites. In particular, in Serpukhov, work is being carried out on several sections of the Serpukhov-Glazovo-Kuzmenki highway at once: from the Sudimlya stop to the intersection with the A-108 highway and further to the Ryblovo stop, on the approach to the stops in the village of Novaya. In the Odintsovo District, a sidewalk is being built along the Zvenigorodskoye Highway in Golitsyno – it will provide residents with convenient access to the railway station and nearby infrastructure. In the Ramensky District, work is being carried out in the village of Ryleevo near the Ganusovskaya School, this will allow students to safely get to the educational institution. The new sidewalk will also make the path to the kindergarten, sports ground and Memory Alley comfortable.

    The installation of cable barriers is another effective measure to reduce accidents: by separating traffic flows, the probability of driving into the oncoming lane is reduced and head-on collisions are prevented. Road workers have already completed more than half of the planned volume of work on installing such barriers – about 15 km out of the planned 30 km. In eight municipal and urban districts, the installation of cables has been fully completed: in Istra, Kashira, Kolomna, Krasnogorsk, Solnechnogorsk, Shchyolkovo, Sergiev Posad and Leninsky districts.

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  • MIL-OSI Russia: Moscow hosts photo exhibition in honor of 80th anniversary of Victory in Chinese People’s War of Resistance against Japanese Aggression and World Anti-Fascist War

    Translation. Region: Russian Federal

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

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

    Moscow, June 5 (Xinhua) — A photo exhibition titled “Shoulder to Shoulder – Towards a Common Victory” dedicated to the 80th anniversary of the victory in the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War was held at the Chinese Cultural Center in Moscow on Thursday.

    The event featured unique photographs from the Xinhua archive, which captured key events of the war years and the heroic feat of the Chinese people in the war, and also reflected the contribution of China and the Soviet Union to the victory over fascism and militarism. In addition, visitors were able to see modern photographs telling about the development of Russian-Chinese military and cultural-humanitarian cooperation in recent years.

    Opening the exhibition, First Deputy Chairperson of the Russian-Chinese Friendship Society Galina Kulikova recalled that on May 9, Russia solemnly celebrated the 80th anniversary of Victory in the Great Patriotic War. The festive parade on Red Square was attended by leaders of a number of foreign countries, and the main guest was the Chairman of the People’s Republic of China Xi Jinping, she noted.

    “These events are a tribute to the Great Victory of our countries. We, on the Western Front, and China, on the Eastern Front, won a decisive victory. This Victory was achieved by our countries at the cost of more than 64 million lives. In the name of those who gave their lives so that we can gather today, celebrate these dates, and solve the problems that the heads of our states set for us, we are obliged to and will always remember them,” said G. Kulikova.

    The Plenipotentiary Minister of the Chinese Embassy in the Russian Federation Zhang Wei noted the dedication of the peoples of China and Russia in the fight against militarism and fascism, as well as the fact that during the war a deep friendship arose between the countries, which became a powerful incentive for the comprehensive development of bilateral relations.

    “At the new historical starting point of the 80th anniversary of the victory in the World Anti-Fascist War, under the strategic leadership of the leaders of the two countries, China and Russia will continue to stand shoulder to shoulder, interact side by side, and hand in hand advance the building of a community with a shared future for mankind. Together, we will write a brilliant chapter of just and peaceful development,” he stressed.

    The First Deputy Chairman of the Federation Council Committee on International Affairs of the Russian Federation, former Russian Ambassador to China Andrei Denisov, for his part, pointed out that the joint statement of the Russian Federation and China, adopted following the state visit of Chinese Chairman Xi Jinping to Moscow, said a lot about the war, about preserving and passing on historical memory to younger generations, and preventing the distortion of historical truth.

    “The Soviet Union and China are named at the very beginning of the first chapter of the joint statement as ‘the main theatres of military operations in Europe and Asia’. It is emphasized that they have become ‘two key forces’ in the fight against fascism and militarism,” he added, noting that he is looking forward to the celebration of the 80th anniversary of the victory in the Chinese People’s War of Resistance against Japanese Aggression and the World Anti-Fascist War, which will be held in China in September. According to him, this will be a significant political event.

    Deputy Chairman of the Central Committee of the Communist Party of the Russian Federation, First Deputy Chairman of the State Duma Committee on International Affairs Dmitry Novikov expressed the opinion that the photo exhibition will become part of the commemorative events dedicated to the two 80th anniversaries. He noted that in China, as in Russia, great attention is paid to preserving the memory of the war and the fight against the falsification of history.

    “This is extremely important from the point of view of ensuring that such tragedies do not happen again. It depends on each of us that the horrors of wars, the horrors of fascist terror do not happen again. Our peoples, who made the greatest sacrifices on the altar of Victory, can, must and are obliged to do more for this than others,” he emphasized.

    The exhibition was prepared by the Xinxia Asia-Europe Bureau, China lmage Group, the Russian-Chinese Friendship Society and the Chinese Cultural Center. The co-organizers were the Union of Chinese Entrepreneurs in Russia and the Passion company. The event was held with the support of the Chinese Embassy in the Russian Federation. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Armenian Prime Minister and Turkish President discussed bilateral relations and the situation in the region during a telephone conversation

    Translation. Region: Russian Federal

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

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

    Yerevan, June 5 (Xinhua) — Armenian Prime Minister Nikol Pashinyan held a telephone conversation with Turkish President Recep Tayyip Erdogan on Thursday, the press service of the head of the Armenian government reported.

    The interlocutors discussed issues of Armenian-Turkish relations and regional processes, reaching an agreement to continue the dialogue.

    Armenian Foreign Minister Ararat Mirzoyan, speaking in the country’s parliament on the same day, said that despite the lack of diplomatic relations between Armenia and Turkey, the two countries are engaged in a very active and productive dialogue. -0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Belarus sees growth in foreign trade turnover of goods in the first four months of 2025 — Belstat

    Translation. Region: Russian Federal

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

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

    MINSK, June 5 /Xinhua/ — Belarus’ foreign trade turnover of goods in January-April 2025 amounted to 100.02 percent of the same period last year, the Belarusian National Statistical Committee (Belstat) reported on Thursday.

    In the first four months of 2025, foreign trade turnover of goods amounted to 27.042 billion US dollars, including exports of 12.39 billion dollars and imports of 14.652 billion dollars.

    Compared to the level of January-April 2024, the turnover of foreign trade in goods calculated in current prices amounted to 100.02 percent, exports – 96 percent, imports – 103.7 percent. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Denis Manturov took part in the meeting of the Advisory Council of the Ministry of Industry and Trade of Russia

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    First Deputy Prime Minister Denis Manturov took part in the annual meeting of the Advisory Council of the Ministry of Industry and Trade of Russia chaired by Minister of Industry and Trade Anton Alikhanov.

    At the meeting, the heads of the working groups of the Advisory Council summed up the results of the previous year’s activities and voiced proposals for the development of the radio-electronic industry, agricultural and transport engineering, as well as international cooperation. In addition, it was proposed to create additional working groups – on metallurgy and heavy engineering.

    The Advisory Council was formed on April 10, 2014 (Order of the Ministry of Industry and Trade No. 673). The Advisory Council includes 11 ministers of the USSR, RSFSR and the Russian Federation in the main industries: chemical, construction, electrical engineering, machine tool building, transport, defense, trade and heavy engineering. Meetings of the Advisory Council are held annually.

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  • MIL-OSI Russia: China stands ready to continue to work with all parties to build a clean, beautiful and sustainable world – Chinese Foreign Ministry

    Translation. Region: Russian Federal

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

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

    BEIJING, June 5 (Xinhua) — China is willing to work with all parties to fulfill common but differentiated obligations and promote the building of a clean, beautiful and sustainable world, Foreign Ministry spokesperson Lin Jian said Thursday.

    Lin Jian made the statement while answering a question at a regular briefing for reporters.

    June 5 marks World Environment Day. Lin Jian stressed that China has always been a strong advocate of green development. In the 20 years since the concept of “emerald waters and green mountains are priceless treasures” was put forward, China has overcome difficulties in environmental management and properly managed the relationship between development and protection, becoming one of the countries with the fastest reduction in energy intensity and the most noticeable improvement in air quality in the world, the Chinese diplomat noted.

    Noting that China has also made important contributions to global green transformation, Lin Jian recalled that China has carried out cooperation in green energy projects with more than 100 countries and regions, actively promoted the free circulation of high-quality green technologies and products, and provided more than 80 percent of the world’s photovoltaic components and 70 percent of the world’s wind power equipment.

    A Chinese Foreign Ministry spokesman said China is committed to the policy of putting environmental priority and sustainable development, and expressed the country’s readiness to continue to shoulder the responsibility of a “power that creates conditions for progress” and work with all parties to fulfill common but differentiated responsibilities to help build a clean, beautiful and sustainable world. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: HSE Wins AI Research Center Selection

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    The Higher School of Economics has become one of the winners of the third wave of research centers in the field of artificial intelligence. The HSE Center for Optimization and Adaptation of Large Fundamental Models (AI Center) will work on creating new methods and tools to make training, use, and adaptation of complex artificial intelligence models cheaper and more efficient.

    At the Russian Government Coordination Center, Deputy Prime Minister Dmitry Chernyshenko presented the results of the selection of the third wave of research centers in the field of artificial intelligence (AI). The winning universities and research organizations will receive grants to conduct research and create breakthrough world-class industry solutions.

    Dmitry Chernyshenko reported that the winners were HSE, Innopolis, ISP RAS, ITMO, MIPT, Skoltech, and for the first time, Lomonosov Moscow State University will be involved in the research.

    “Investments in AI research centers have already proven their effectiveness. The first wave of centers dealt with issues of strong, trusted, ethical artificial intelligence. The second wave is dedicated to industry research for medicine, transport, industry and smart cities. These centers create almost half of all Russian scientific groundwork in AI. President Vladimir Putin has set the task of publishing at least 450 papers at top-level conferences in the field of AI in the world by 2030 — A*. We see that investments are achieving results, so the government continues to develop such support programs,” Dmitry Chernyshenko emphasized.

    A total of 19 applications from centers from 10 regions of Russia were submitted to the competition. The centers’ programs stated key areas of foresight in fundamental and exploratory research in the field of AI, conducted in 2024: agent/multi-agent systems, elements of strong AI, fundamental and generative AI models.

    Expert support for the competitive selection and subsequent support for the implementation of research center activity programs is provided by the Strategic Agency for Support and Formation of AI Developments (SAPFIR), a project office created on the basis of the Skolkovo Foundation.

    “In 2025, the Strategic Agency for Support and Formation of AI Developments (SAPFIR), created on the basis of the Skolkovo Foundation, acted as the coordinator of the third wave of the competitive selection of research centers in the field of artificial intelligence. Each of the 7 winners will receive 676 million rubles for 2 years to conduct research in the field of strong, trusted, multi-agent artificial intelligence. Over the next 2 years, SAPFIR will focus on supporting research centers to achieve all their goals in both the scientific and commercial parts. Their activities will contribute to the creation of a technological reserve in Russia in the field of artificial intelligence, as well as attracting the best personnel of the country to the development of science in the field of artificial intelligence,” said SAPFIR Director Tatyana Soyuznova.

    The Higher School of Economics has confirmed its readiness to successfully cope with the tasks set thanks to the rich experience accumulated during the previous stages. For the period 2021–2024 HSE AI Center of the first wave has implemented more than 20 socially significant projects and about 30 initiatives for industrial partners. Initially, its activities were focused on companies with a high degree of maturity of AI technologies (IT, fintech, telecommunications), but subsequently the center managed to extend its competencies to less prepared industries, such as tourism, transport, household chemicals and genetics. This made it possible to develop solutions with prospects for scaling in industries, taking into account the priorities of the National Strategy for the Development of AI.

    The HSE AI Center’s third wave program will be aimed at creating new architectures and approaches to reduce training costs, as well as to improve the efficiency and adaptation of large fundamental models. Scientific research will cover four key areas AI foresight: architecture and algorithms of machine learning, development of fundamental and generative models, ensuring security and trust, system management and decision-making. Innovative software products will be used in the financial sector, science and education, information security and the labor market. The center’s partners include the country’s leading technology companies (Sber, VTB, Alfa-Bank, MTS Web Services, Gazprombank, T-Bank, ALMI Partner) and government agencies (the Ministry of Science and Higher Education of the Russian Federation, the Federal Service for Labor and Employment (Rostrud)).

    The head of the HSE AI Center will be Alexey Naumov, Doctor of Computer Science, Director Institute of AI and Digital SciencesHe has authored over 40 A* level AI conference publications on high dimensional probability, statistics, machine learning, reinforcement learning, and is a member of the AI Alliance scientific advisory board.

    “Our center will focus on creating fundamentally new architectures and effective methods that will significantly reduce the costs of training and operating large fundamental models of artificial intelligence, increase their performance, and expand the range of possible applications,” said Alexey Naumov. “This will allow us to get closer to creating strong artificial intelligence capable of solving the most complex problems and bringing real benefits to society and business. We actively collaborate with leading technology companies and scientific organizations, combining the efforts of the best scientists and practitioners to achieve our goals and make a significant contribution to the future of AI technologies.”

    The core of the HSE AI Center will be Institute of AI and Digital Sciences Faculty of Computer Science at HSE. Leading researchers and experts will also work on projects within the third wave Institute for Statistical Studies and Economics of Knowledge (ISSEK), Center of Language and Brain, MIEM im. A.N. Tikhonova, Labor Market Research Laboratories, International Laboratory of Intangible Assets Economy, HSE – Perm, and also Schools of Computer Science, Physics and Technology of the National Research University Higher School of Economics – Saint Petersburg.

    The HSE AI Center project office team, led by Deputy Vice-Rector Elena Kozhina, will coordinate work on projects and initiatives aimed at developing AI technologies and implementing innovative solutions in various sectors of the economy and social sphere. The project office will become a key link in the successful implementation of projects, ensure effective interaction between all participants in the processes and allow for the effective implementation of orders from industrial partners.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

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  • MIL-OSI Russia: Chinese Vice Chairman Meets US Delegation Participating in China-US High-Level Track Two Dialogue

    Translation. Region: Russian Federal

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

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

    BEIJING, June 5 (Xinhua) — Chinese Vice President Han Zheng met with members of the U.S. delegation attending the China-U.S. Track Two High-Level Dialogue in Beijing on Thursday.

    Han Zheng said that China-US relations are one of the most important bilateral relations in the modern world. Currently, China-US relations are experiencing an important historical moment, he added.

    Mutual respect, peaceful coexistence and win-win cooperation between China and the United States are beneficial not only to the two countries but also to world peace and development, the Chinese vice president said.

    China hopes that the China-US high-level Track II dialogue can bring together the constructive ideas of visionaries from both countries, improve the knowledge and understanding of China in various circles of the US public, and jointly promote the stable, healthy and sustainable development of China-US relations, Han Zheng said.

    The US delegation, for its part, noted that the dialogue contributes to better mutual understanding between the parties and provides more useful ideas for the development of interstate relations.

    Members of the US delegation said the two countries should strengthen dialogue and cooperation in areas such as trade and investment. –0–

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  • MIL-OSI Russia: China’s Vice Premier Calls for Fair, Safe Gaokao

    Translation. Region: Russian Federal

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

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

    TAIYUAN, June 5 (Xinhua) — Chinese Vice Premier Ding Xuexiang inspected preparations for China’s national college entrance examination, known as the gaokao, and work on advancing energy sector reform in north China’s Shanxi Province from June 3 to 4, stressing the need to maintain fairness and ensure safety in the gaokao.

    Visiting the Shanxi Provincial Entrance Examination Administration Center and a middle school examination center in Taiyuan City, Ding Xuexiang, also a member of the Standing Committee of the Political Bureau of the CPC Central Committee, said that the gaokao is of key significance to the national economy and people’s well-being, directly affecting the interests of millions of families. He called for upholding the vital principle of fairness and justice in the reform of the college entrance examination and admissions system and the organization of the gaokao.

    In addition, the Chinese vice premier stressed the importance of strict security for examination questions, taking measures against cheating, and providing comprehensive support to students.

    Ding Xuexiang also visited the Shanxi Institute of Applied Science and Technology, calling on the school to adapt to the new situation of the country’s industrial modernization, train highly qualified personnel required for socio-economic development, and increase employment support for graduates. –0–

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  • MIL-OSI Russia: Breaking News: Dialogue and Cooperation Are the Only Right Choices for China and the US – Xi Jinping

    Translation. Region: Russian Federal

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

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

    BEIJING, June 5 (Xinhua) — Dialogue and cooperation are the only right choice for China and the United States, Chinese President Xi Jinping said Thursday.

    As Xi Jinping noted during a telephone conversation with US President Donald Trump, in order to correct the course of the “big ship” of China-US relations, both sides need to set the right direction and eliminate all kinds of obstacles, including acts of sabotage, which is of particular importance.

    The Chinese leader also called on the parties to effectively use the established mechanism for trade and economic consultations, adhere to equality, respect each other’s concerns and achieve mutual benefit, stressing that China is sincere but at the same time principled in this regard. –0–

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  • MIL-OSI Russia: IMF and AUC wrap up First MENA Economic Research Conference: Steering Macroeconomic and Structural Policies in a Shifting Global Economic Landscape

    Source: IMF – News in Russian

    June 5, 2025

    Cairo: Following two days of high-level dialogue and expert analysis, the inaugural IMF MENA Economic Annual Research Conference co-organized by the International Monetary Fund (IMF) and the American University in Cairo, concluded with a strong call for coordinated, evidence-based policy responses to the region’s old and new pressing economic challenges. Held on May 18–19, 2025, the conference served as a critical platform for advancing rigorous research tailored to the realities of the Middle East and North Africa. It brought together global policymakers, academics, government officials and thought leaders to bridge the discussion on global economic issues with regional realities. The event marked a first-of-its-kind collaboration between the IMF and a leading university in the region, reflecting a shared commitment to deepening the link between academic research and policy development.

    Jihad Azour, Director of the IMF’s Middle East and Central Asia Department, noted that trade tensions and increasing uncertainty affecting the global economy, alongside ongoing regional conflicts and climate risks, are creating new layers of complexities for MENA policymakers. Azour called for building a regional platform for dialogue and exchange of ideas that connects MENA to world-class research centers to provide reliable analysis and develop workable and innovative policy responses to old and new economic issues facing the region. “We are deeply grateful to President Ahmad Dallal and AUC for their commitment to fostering dialogue, research, and policy innovation in the region.”

    AUC President Ahmad Dallal highlighted the event’s role as a vital platform in fostering collaboration between governments, academia and the private sector. “This is about generating ideas that are globally informed but deeply rooted in the realities of our region,” he noted. Dallal affirmed that this type of multi‑stakeholder engagement is at the heart of AUC’s mission and reflects the University’s commitment to research, education, and open dialogue as drivers of stability, resilience, and inclusive growth.

    Under the theme “Steering Macroeconomic and Structural Policies in a Shifting Global Economic Landscape,” discussions centered on four pivotal issues shaping the future of the MENA region and the global economy:

    • Fiscal Policy: With public debt at historic highs, experts stressed the importance of rebuilding fiscal buffers while tackling social inequalities, aging populations, and climate pressures. Proposals included reforms in fiscal frameworks and measures to mobilize revenues including through multinational taxation and more progressive tax systems.
    • Monetary Policy: Participants reflected on the lessons of recent inflationary shocks, emphasizing the need for more preemptive and well communicated policy responses to global shocks and sector-specific disruptions—particularly for emerging markets.
    • Industrial Policy: Speakers examined the renewed interest in industrial policy as a tool to drive inclusive growth, innovation, and climate resilience. The discussion highlighted the need to balance vertical strategies with horizontal reforms that promote private investment, trade integration, and productivity.
    • Green Transition and AI: The intersection of climate action and digital transformation sparked debate about their potential to reshape labor markets. Recommendations included investing in human capital, developing targeted safety nets, and aligning policy tools to support job creation in low-emission sectors.

    Throughout the sessions, there was a clear consensus that the MENA region’s economic resilience depends on institutional reforms, cross-border cooperation, and investment in skills and innovation. Participants also underscored the importance of embedding policy in local realities—an approach that both the IMF and AUC pledged to champion moving forward.

    In addition to prominent global and regional academics, as well as economists and government officials from across the region, and representatives of international and regional organizations, the conference brought together policymakers, including Rania El Mashat, minister of planning, economic development and international cooperation, Egypt; Youssef Boutros-Ghali, member of the Specialized Council for Economic Development, Egypt; Mahmoud Mohieldin, United Nations special envoy on financing the 2030 Sustainable Development Agenda; and Martin Galstyan, governor of the Central Bank of Armenia.

    As Nigel Clarke, IMF Deputy Managing Director concluded, “This conference is a milestone demonstrating the IMF’s commitment to deepening engagement with the research and academic community, as we strive to ensure that the IMF support is not only responsive to the needs of member countries, but also built on rigorous tested analytics and importantly, it’s aligned with local realities. Through this kind of multi-stakeholder dialogue, we aim to better understand how all our expertise and resources can be directed towards the most pressing challenges of the region.”

    Visit the conference website for more details and to rewatch Day 1 and Day 2 of the discussions.

    Founded in 1919, The American University in Cairo (AUC) is a leading English-language, American-accredited institution of higher education and center of the intellectual, social, and cultural life of the Arab world. It is a vital bridge between East and West, linking Egypt and the region to the world through scholarly research, partnerships with academic and research institutions and study abroad programs.

    The University offers 39 undergraduate, 52 master’s and two PhD programs rooted in a liberal arts education that encourages students to think critically and find creative solutions to conflicts and challenges facing both the region and the world.

    An independent, nonprofit, politically non-partisan, non-sectarian and equal opportunity institution, AUC is fully accredited in Egypt and the United States.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Angham Al Shami

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/06/04/pr25180-imf-auc-wrap-up-1st-mena-conf-macroecon-structural-policies-shifting-global-econ-landscape

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  • MIL-OSI Russia: Lightning: Xi Jinping and D. Trump agreed that the teams of the two countries will continue to implement the consensus reached at the Geneva talks

    Translation. Region: Russian Federal

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

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

    Xinhua | 05. 06. 2025

    Keywords: China-USA

    Source: Xinhua

    Flash: Xi Jinping and D. Trump agreed that the teams of the two countries will continue to implement the consensus reached at the talks in Geneva Flash: Xi Jinping and D. Trump agreed that the teams of the two countries will continue to implement the consensus reached at the talks in Geneva

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  • MIL-OSI Russia: Lightning: Xi Jinping urged China and the US to effectively utilize the established mechanism of trade and economic consultations, adhere to equality, respect each other’s concerns, and achieve win-win results

    Translation. Region: Russian Federal

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

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

    Xinhua | 05. 06. 2025

    Keywords: China-USA

    Source: Xinhua

    Flash: Xi Jinping Calls on China and the US to Make Effective Use of the Established Trade and Economic Consultation Mechanism, Adhere to Equality, Respect Each Other’s Concerns, and Seek Win-Win Results Flash: Xi Jinping Calls on China and the US to Make Effective Use of the Established Trade and Economic Consultation Mechanism, Adhere to Equality, Respect Each Other’s Concerns, and Seek Win-Win Results

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  • MIL-OSI Russia: How to Choose the Most Promising Business Areas in the Middle East

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    Difficult geography

    The Middle East is a dynamically developing region, which includes almost two dozen countries. But when it comes to the most promising projects for economic cooperation, the countries of the Cooperation Council for the Arab States of the Gulf (GCC) are most often mentioned. There are six of them – Saudi Arabia, Bahrain, Qatar, Kuwait, Oman and the UAE.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

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  • MIL-OSI Russia: KORUS Consulting and SPbPU taught students to create web applications on the new 1C cloud platform

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The Polytechnic University together with the KORUS Consulting Group of Companies held a course aimed at developing digital competencies in students. It is dedicated to the domestic low-code technology 1C:Enterprise.Element, designed for developing applications, portals and web-cabinets. The user-friendly interface of the platform helps to start with simple tasks and over time master more complex IT solutions 1C.

    SPbPU, within the framework of the federal program “Digital Departments”, provides students with the opportunity to undergo professional retraining in the field of information technology.

    During the training, the program participants became familiar with the functionality of the new domestic low-code platform “1C:Enterprise.Element”. It includes a visual interface designer, built-in analytics and allows you to quickly bring digital products to market.

    The course is available for undergraduate, specialist and master’s students of SPbPU, as well as for students of partner universities of the Digital Departments project. During their studies, they developed B2B and B2C solutions – from online showcases to front offices and personal accounts.

    “KORUS Consulting” together with Polytechnic University help students to enter the professional community of 1C. The best students of the course will go on industrial practice in the 1C department of “KORUS Consulting” and use the acquired knowledge in real projects.

    The tracks of the Digital Departments program can be easily combined with the main education due to the flexible schedule and online format. Our courses cover key areas such as IT solutions development, project management and business process analytics. It is especially valuable that practicing experts and leading integrators of 1C IT solutions participate in the project – this makes the training truly applied, – said Anton Ambrazhey, Senior Researcher of the International Academic Competence Center “Intellectual Enterprise Technologies” of the SPbPU PIS “Digital Engineering”.

    “1C:Enterprise.Element” is a great starting point for students who want to enter the IT sphere. Thanks to the availability of the platform, you can start with easier tasks and gradually move on to large-scale projects. We also support students in the implementation of course, diploma and competition works. It is important for me to be part of the process that helps young professionals take their first steps in the profession, – noted Pavel Korolev, technical architect of the 1C department of the KORUS Consulting Group, author and teacher of the course.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

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  • MIL-OSI Russia: Xi Jinping signs decree to publish regulations on construction of military facilities

    Translation. Region: Russian Federal

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

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

    BEIJING, June 5 (Xinhua) — Chairman of the Central Military Commission of the People’s Republic of China Xi Jinping signed an order to publish regulations on the construction of military facilities.

    The new document, which will come into force on August 1, focuses on servicing the preparation for and conduct of combat operations and is adapted to the new leadership and command system, as well as the new logistics model.

    In addition, it standardizes the fundamental principles, management system, operating mechanisms and work procedures of military facility construction in a scientifically sound manner.

    The regulations consist of 11 chapters and 63 articles. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: IMF Executive Board Concludes 2025 Article IV Consultation with Luxembourg

    Source: IMF – News in Russian

    June 5, 2025

    • Luxembourg’s fundamentals remain strong and economic recovery is projected to slowly gain pace amidst external headwinds. Downside risks prevail in the short term.
    • Surprising on the upside, the fiscal balance improved to a surplus of 1 percent of GDP in 2024, boosted by one-off revenues. Given structurally high revenue volatility, prudent fiscal policy should be based on a more efficient use of fiscal space.
    • The financial sector is resilient, with well-capitalized and liquid banks. While the risks are manageable, the housing market, and other pockets of vulnerabilities should continue to be closely monitored.

    Washington, DC: On May 30, 2025, the Executive Board of the International Monetary Fund (IMF) concluded the 2025 Article IV Consultation[1] with Luxembourg, and considered and endorsed the staff appraisal without a meeting on a lapse-of-time basis.[2]

    Luxembourg’s fundamentals remain strong, but its economic performance has been lackluster. Public debt is low and the 2024 FSAP found the financial sector sound and well-diversified. After contracting by 0.7 percent in 2023, GDP growth turned positive at 1 percent in 2024, mainly driven by public consumption. Private domestic demand though remained lackluster amidst tight financial conditions and a lack of confidence in the real estate sector. The labor market is cooling, following a sizeable increase in labor costs in past years. While the headline fiscal deficit showed a large improvement from one-off revenues, the underlying structural deficit has widened, reflecting a shift from temporary to permanent support. Financial conditions remain tight, and the financial cycle has not yet decisively turned. Despite some deterioration in asset quality, the financial sector remains resilient overall.

    An economic recovery is projected to slowly gain pace amidst external headwinds. Growth is projected to increase to 1.6 percent in 2025 and accelerate in 2026–27 supported by improved confidence and a gradual recovery in external demand. The unwinding of labor hoarding and lingering uncertainty would weigh on job creation and unemployment is likely to rise in the near term, before slowly declining to its historical average. Inflation is projected to decline to about 2 percent in 2025 and stay at that level over the medium term. Downside risks prevail in the short term, with headwinds from weaker external demand and tighter and/or more volatile financial conditions triggered by trade policy uncertainty, geopolitical tensions, and possibly higher interest rates for longer. Risks to growth are more balanced over the medium term, but fiscal risks are assessed to be high.

    Executive Board Assessment[3]

    Luxembourg’s recent economic performance has been lackluster and a projected recovery faces headwinds. Anchored in strong economic fundamentals, the economy is expected to gradually recover from a protracted slowdown. Yet, the global situation is fluid, and there are risks of setbacks stemming from weaker external demand and higher financial market volatility, alongside domestic challenges in the real estate sector and the labor market. Moreover, productivity has been declining, and Luxembourg faces fiscal pressures and risks. While Luxembourg’s current external position is assessed to be substantially stronger than the level implied by medium-term fundamentals, the assessment is subject to several limitations. The country’s specific economic features—a small open economy with a global financial center and a large share of cross-border workers —make the external position subject to significant volatility. This, together with the long-term challenges due to aging costs, call for more prudent policies while incentivizing private sector investment.

    Prudent fiscal policy calls for a more efficient use of fiscal space. For 2025, a less expansionary fiscal stance would have been welcome, given low fiscal multipliers and the need to make room for more private sector-led growth. There is scope for reviewing the effectiveness and targeting of current measures, while preserving possible savings from revenue overperformance or budget execution. The authorities’ medium-term expenditure path is broadly appropriate to accommodate future spending pressures, but should be underpinned by measures, which will require containing the growth of the wage bill, enhancing spending efficiency, and avoiding any further erosion of the tax base.

    There is scope for increasing revenue resilience. Luxembourg’s revenue performance depends to a large extent on a concentrated and volatile revenue base. Tax reforms should thus aim at diversifying revenue sources. This will help reduce volatility and uncertainty of fiscal receipts.

    Fiscal policies should be better anchored in a medium-term perspective. The public consultations on pension reform are welcome, as there is a need for early reforms, including reducing the generosity of benefits—the highest in Europe, increasing both the effective and statutory retirement ages, and a well-calibrated increase in contributions to minimize the negative impact on the labor market. Strengthening the medium-term fiscal framework would enhance policy predictability. The planned implementation of a national fiscal rule is welcome and should combine a debt anchor with a net spending ceiling that consider revenue uncertainty and allow appropriate flexibility. Additional reforms of the budgeting framework and strengthening of the fiscal council are necessary to make the new framework more effective.

    Risks in the financial sector, while manageable, should continue to be closely monitored. The financial sector appears broadly resilient. However, persistent solvency and liquidity risks in the corporate sector—especially in real estate—and the potential impact of rising financial market volatility warrant close monitoring. The authorities should continue ensuring adequate provisioning, collateral valuation, and loss absorption capacity. At the same time, continued oversight of the large nonbank financial sector—notably pockets of liquidity mismatches and leverage—and a better understanding of the intermediation role of the OFI sector should be prioritized.

    Macroprudential policy should remain agile. The current CCyB level is appropriate. Should the recovery firm up, the authorities should strengthen releasable capital buffers and address still elevated household indebtedness by introducing income-based measures in line with FSAP recommendations. In the event of continued credit pressure, some loosening of the CCyB could be envisaged. Capitalizing on the commendable progress in implementing the 2024 FSAP recommendations in the supervision of banks and investment funds, the authorities should strengthen the macroprudential policy framework.

    Structural reforms are needed to boost private sector-led growth and sustain living standards. Wage indexation has become a key constraint on competitiveness, and more labor market flexibility is called for. The authorities should also aim at boosting productivity and containing the cost of living by streamlining the regulatory and administrative burden, removing barriers to entry in some sectors, and addressing housing and infrastructure supply bottlenecks. Efforts should continue to capitalize on the country’s comparative advantages in AI adoption and financial sector development while minimizing potential costs of the transition. Recent measures to enhance technology diffusion and ongoing upskilling programs are welcome.   

    Table 1. Luxembourg: Selected Economic Indicators, 2023–26

    Est.

    Proj.

     

     

    2023

    2024

    2025

    2026

    Real Economy (percent change)

    Gross domestic product

    -0.7

    1.0

    1.6

    2.2

        Total domestic demand

    1.1

    0.1

    1.7

    2.6

        Foreign balance 1/

    -1.4

    1.1

    0.0

    0.4

    Labor Market (thousands, unless indicated)

        Unemployed (average)

    16.2

    18.0

    19.5

    20.1

             (Percent of total labor force)

    5.2

    5.7

    6.1

    6.2

        Total employment

    512.0

    517.8

    524.8

    533.9

             (Percent change)

    2.1

    1.1

    1.4

    1.7

    Prices and costs (percent change)

        GDP deflator

    6.3

    5.2

    2.6

    1.2

        CPI (harmonized), p.a.

    2.9

    2.3

    2.2

    2.1

        CPI core (harmonized), p.a.

    3.9

    2.5

    2.1

    2.1

        CPI (national definition), p.a.

    3.7

    2.1

    2.1

    2.0

    Public finances (percent of GDP)

        General government revenues

    46.2

    47.9

    47.4

    47.6

        General government expenditures

    47.0

    46.9

    48.3

    49.0

        General government balance

    -0.8

    1.0

    -0.8

    -1.3

        General government cyclically-adjusted balance

    0.0

    0.8

    -1.0

    -1.3

        General government structural balance

    1.8

    0.8

    -0.7

    -1.3

        General government gross debt

    25.0

    26.3

    26.7

    27.6

    Balance of Payments (percent of GDP)

    Current account

    11.2

    13.8

    8.8

    7.8

    Balance on goods

    0.4

    1.7

    1.8

    1.6

    Balance on services

    43.5

    43.6

    42.9

    42.0

    Net factor income

    -31.5

    -31.1

    -35.5

    -35.4

    Balance on current transfers

    -1.1

    -0.4

    -0.4

    -0.4

    Exchange rates, period averages

        U.S. dollar per euro

    1.08

    1.08

    …

    …

        Nominal effective rate (2010=100)

    105.3

    106.3

    …

    …

        Real effective rate (CPI based; 2010=100)

    98.7

    98.5

    …

    …

    Credit growth and interest rates

        Nonfinancial private sector credit (eop, percent change) 2/

    -2.9

    -4.7

    1.6

    3.8

        Government bond yield, annual average (percent)

    3.1

    2.7

    …

    …

    Potential output and output gap

    Output gap (percent deviation from potential)

    -1.4

    -2.0

    -2.1

    -1.6

    Potential output growth

    1.6

    1.7

    1.7

    1.7

      Sources: Luxembourg authorities; IMF staff estimates and projections.

      1/ Contribution to GDP growth.

      2/ Including a reclassification of investment companies from financial to non-financial institutions in 2015.

    [1] Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discusses with officials the country’s economic developments and policies. On return to headquarters, the staff prepare a report, which forms the basis for discussion by the Executive Board.

    [2] Under the IMF’s Articles of Agreement, publication of documents that pertain to member countries is voluntary and requires the member consent. The staff report will be shortly published on the www.imf.org/luxembourg page.

    [3] At the conclusion of the discussion, the Managing Director, as Chairman of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country’s authorities. An explanation of any qualifiers used in summings up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Eva-Maria Graf

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/06/04/pr-25177-luxembourg-imf-concludes-2025-art-iv-consultation

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  • MIL-OSI Russia: IMF Staff Concludes Mission to Lebanon

    Source: IMF – News in Russian

    June 5, 2025

    End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. This mission will not result in a Board discussion.

    • The IMF mission held productive discussions with the Lebanese authorities on a comprehensive economic reform program. Discussions are expected to continue, both from IMF headquarters and through follow-up missions.
    • Bank restructuring remains a critical priority to restore the health of the banking sector, move away from the cash-based economy, restart credit to the private-sector, and protect depositors to the maximum extent possible.
    • Given Lebanon’s substantial reconstruction needs, limited fiscal space, and lack of capacity to borrow, the country will require significant support from external partners on highly concessional terms.

    BEIRUT, Lebanon: At the authorities’ request, an International Monetary Fund (IMF) mission led by Ernesto Ramirez Rigo visited Lebanon from May 28 to June 5, 2025, to initiate discussions on policies and a reform program that could be supported by an IMF arrangement.

    At the conclusion of the mission, Mr. Ramirez Rigo issued the following statement:

    “The IMF mission held productive discussions with the Lebanese authorities on a comprehensive economic reform program aimed at restoring macroeconomic sustainability and supporting financing for reconstruction. These initial discussions covered several reform areas, including (i) restoring the viability of the banking sector and protecting depositors to the maximum extent possible, (ii) achieving fiscal and debt sustainability, while enhancing social safety nets and rebuilding institutional capacity, (iii) establishing credible monetary and exchange rate policy frameworks, (iv) strengthening governance and transparency, (v) enhancing the Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) regime, and (vi) reforming state-owned enterprises.

    It was agreed that the rehabilitation of the banking system remains a critical priority to rebuild confidence in banks, move away from the current cash-based economy, and restart credit to the private-sector, which is necessary for growth. The authorities have made some progress recently, including the amendment of the Bank Secrecy Law and submission of a new bank resolution law to Parliament. The next step is for Parliament to approve this legislation, which will establish powers to underpin the recovery of orderly banking intermediation, while safeguarding the public interest. The mission also engaged with the authorities on their emerging bank restructuring and deposit recovery strategy. More work in close cooperation with the authorities will be needed to ensure this strategy is aligned with international standards and debt sustainability requirements.

    “The mission also discussed the 2026 Budget and the development of a medium-term fiscal framework. For the 2026 Budget, given the limited fiscal space and available financing, it is critical that any additional expenditures be fully offset by corresponding revenue efforts, including by strengthening enforcement and compliance in tax and customs administration. An ambitious medium-term revenue mobilization and expenditure rationalization strategy along with improved fiscal transparency and public financial management is needed to strengthen public finances and create space for increased social protection and capital expenditures. The medium-term fiscal framework should also support the restructuring of Eurobonds to restore debt sustainability. Given Lebanon’s substantial reconstruction needs, the authorities’ reform efforts will require significant support from external partners, preferably on highly concessional terms. Enhanced support to Lebanon is also needed to help the country shoulder the continued burden of hosting a large refugee population.

    “Building on these key reform pillars, discussions on formulating a comprehensive reform program are expected to continue, both from IMF headquarters and through follow-up missions. The mission reaffirmed the Fund’s commitment to supporting Lebanon during this challenging period, consistent with its mandate and policies.

    “The mission thanks the Lebanese authorities and all stakeholders for their cooperation and constructive engagement.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Wafa Amr

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/06/05/pr-25182-lebanon-imf-staff-concludes-mission-to-lebanon

    MIL OSI

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  • MIL-OSI Russia: China’s EV Battery Recycling Boom Drives Green Transformation, Global Markets

    Translation. Region: Russian Federal

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

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

    TIANJIN, June 5 (Xinhua) — In the industrial city of Tianjin, north China, employees of startup Tianjin Battery Technology are refurbishing failed electric vehicle batteries with a combination of skilled technicians and automated systems.

    The development illustrates the huge business opportunity opening up in China as authorities in the world’s largest electric vehicle market aim to turn waste batteries from a pollution problem into a key asset in its “green revolution.”

    A startup at the forefront of the country’s sustainable development economy is targeting this rapidly growing sector.

    This market segment is poised for significant growth as China continues to lead the world in the production and sale of new energy vehicles. In addition, the growing number of end-of-life batteries is increasing demand for green solutions.

    By the end of 2024, there were 31.4 million new electric vehicles in the country, or about 9 percent of the country’s total car fleet. Following the government-initiated trade-in campaign, consumer interest in upgrading their cars has increased dramatically, which in turn has further expanded the recycling market.

    China’s Ministry of Industry and Information Technology has required passenger car manufacturers to provide an eight-year or 120,000-km warranty on key components such as batteries since 2016.

    Market forecasts indicate that the volume of discarded batteries in China will reach 1.04 million tons in 2025, and this figure could rise to 3.5 million tons by 2030.

    UNLOCKING POTENTIAL

    Ma Yuwei, 40, works as a production materials control manager in the engineering equipment department at Tianjin Battery Technology. He supervises the dismantling of battery packs and modules. In his opinion, these seemingly “disused” batteries are a treasure trove.

    The firm reuses some of the dismantled components to repair used cars. Crushing the batteries produces copper and aluminum, and the black powder is processed into lithium carbonate suitable for use in batteries.

    “In our words, we need to squeeze every last drop of juice out of failed batteries,” he notes.

    With nearly 20 years of experience and the significant growth potential in the digital electronics and battery manufacturing industries, he accepted the offer to take on this position three years ago.

    Tianjin Battery Technology’s battery processing capacity has reached 10,000 tons per year, achieving a lithium recovery rate of over 90 percent.

    “China relies heavily on imported lithium, cobalt and nickel,” said Ke Yanchun of newly established state-owned China Resources Recycling Group Co., Ltd.

    “The recycling of used batteries effectively reduces the country’s high dependence on imported resources in the production of vehicles using new energy sources,” he emphasized.

    TECHNOLOGICAL ORIENTATION

    China’s battery recycling sector suffers from small, unregulated workshops. Industry leaders are using technological innovation to improve efficiency and restructure the production chain.

    China’s major EV battery maker GEM, which is listed on the Shenzhen Stock Exchange, uses a flexible, intelligent dismantling system for precise detection and sorting. Its recycling innovations include high- and low-temperature catalytic activation and ultra-precise lithium extraction, achieving lithium recovery rates of over 90 percent.

    The company has also developed a digital lifecycle management system for batteries to track them from recycling to disposal, supporting its dual-track business model.

    The company has built a circular economy industrial park in the Shenshan Special Cooperation Zone, which is just 1 km from the production lines of BYD, the country’s leading electric vehicle maker.

    GEM currently operates more than 140 battery recycling stations across the country and cooperates with more than 750 vehicle and battery manufacturers and operators worldwide. In the first quarter of this year, the company recycled 10,800 tons of batteries, up 37 percent year-on-year.

    At Tianjin Battery Technology, Ma Yuwei and his colleagues have improved battery dismantling efficiency by 75 percent using modified tools. Using techniques such as cutting and welding, they have transformed standard tools to meet the complex requirements of battery dismantling.

    “This simple innovation had a significant impact,” the manager noted.

    EXPANSION ABROAD

    As China’s share of the global EV market continues to grow, battery recycling companies are also expanding their international presence to comply with local environmental regulations.

    CATL, the world’s largest battery maker, plans to establish a battery recycling facility in Europe, with the renovation of its Hungarian plant scheduled for completion in 2026. The initiative is part of the company’s efforts to address environmental issues in battery production and recycling.

    GEM has established 7 battery recycling centers, including in the Republic of Korea and Indonesia.

    Gotion High-tech in Hefei, capital of Anhui Province, east China, and Envision Greenwise in Hong Kong have signed a strategic cooperation agreement and plan to jointly build 100 battery recycling and after-sales service centers around the world.

    In addition, Jiaxing-based Huayou Recycling, located in east China’s Zhejiang Province, has entered into a strategic partnership with SUEZ Group, one of Europe’s largest environmental services corporations, to explore the French battery recycling market. -0-

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  • MIL-OSI Russia: 23 Xinjiang Stores Offer Tax Refunds to Foreign Tourists

    Translation. Region: Russian Federal

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

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

    BEIJING, June 5 (Xinhua) — Uzbek tourist Mirakbar Usmanov was recently given a tax refund of over 500 yuan on his purchase of a mobile phone and other goods at a shopping mall in Urumqi, northwest China’s Xinjiang Uygur Autonomous Region. This is the first time that Xinjiang has implemented a tax refund model for foreign tourists upon purchase rather than upon exiting the country, the Urumqi Evening newspaper reported.

    As of the end of May 2025, 23 retail outlets in Xinjiang have been approved to provide value-added tax (VAT) refund services to foreign visitors upon purchase, according to local tax authorities.

    In April of this year, the Chinese authorities announced a set of measures to further optimize the relevant policy. Thanks to the innovation, money can now be returned instantly after making a purchase, whereas previously it was only possible upon leaving the country.

    After presenting his passport, filling out a foreign buyers refund application form and pre-authorizing his credit card at the aforementioned shopping center, Mirakbar Usmanov paid for his purchases with his card and received his refund immediately.

    Under the new measures, the minimum purchase amount for tax refund has been lowered. Now, overseas travelers can apply for tax refunds by spending at least 200 yuan (about $27.83) at the same store in one day, provided they meet other requirements, according to a notice jointly released by the Ministry of Commerce and five other departments.

    The circular also outlines measures to increase the number of tax refund points, expand the supply of goods and improve the quality of services provided. Thus, the opening of such points in large shopping areas, pedestrian streets, tourist sites, resort areas, cultural centers, airports, passenger transportation points and hotels is encouraged.

    In addition, the range of products offered is expected to expand, especially branded products, consumer goods popular in the country, smart devices, intangible cultural heritage products, handicrafts and other products.

    According to observations by Xinjiang shopping mall operators, smartphones, smart home appliances, drones, branded watches, shoes, clothes and space vehicles are the most popular purchase choices among foreign tourists visiting Xinjiang.

    According to industry experts, Urumqi, the capital of Xinjiang, may well become the first choice for Central Asians looking to visit China for shopping, due to its geographical proximity and the ongoing implementation of the exit tax refund policy.

    Let us recall that Xinjiang borders eight countries, including Kazakhstan, Kyrgyzstan and Tajikistan.

    According to statistics, from May 1 to May 21, the inbound foreign passenger flow at Urumqi Tianshan Airport increased by 75.7 percent year-on-year and exceeded 8,900 person-times, accounting for about 14.47 percent of the country’s total. Broken down by country, the largest share was from citizens of Kazakhstan, Uzbekistan, Russia, Tajikistan and other countries. -0-

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  • MIL-OSI Russia: Fourth year together with GUU: the new season of “University Shifts” has started

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    On June 5, Vladimir Stroyev, Rector of the State University of Management, took part in a press conference dedicated to the IV season of the educational and tourist project “University Shifts” to be held from June to September 2025.

    Deputy Minister of Science and Higher Education of the Russian Federation Olga Petrova spoke about further plans for the development of the project:

    “Next year, we are planning a closer integration of shifts with national projects and an expansion of participation opportunities for children from Russian territories, because they also want to join universities.”

    The Deputy Minister also stressed the importance of involving university students as camp counselors, as this contributes to a deeper understanding of what has happened and is happening in new territories.

    Rector of the State University of Management Vladimir Stroev noted the changes that have occurred over the years in the mood of the shift participants:

    “We are proud that our university has been participating in the project from the very beginning. Thanks to Olga Petrova, who comes to visit every shift, the “Movement of the First” and the “Knowledge” society, with whom we have been closely cooperating for a long time and implementing joint thematic projects. It all started out difficult. In 2022, the guys came with different moods, we had to work a lot with them psychologically. Last year, the participants already had a different atmosphere, the complexity of interaction of the first years was gone. These are already our citizens who are interested in the history of their country.”

    Vladimir Stroyev also recalled that in 2025, the State University of Management will hold three shifts: cultural and educational, educational, where students will learn about the university’s educational programs, and entrepreneurial.

    The press conference was also attended by Deputy Director of the Department for Integration of the National Education System and International Cooperation of the Ministry of Education of Russia Pavel Belokon, Deputy Chairperson of the Board of the All-Russian Public-State Movement of Children and Youth “Movement of the First” Sonya Pogosyan, Deputy General Director of the Russian Society “Knowledge” Irina Karikh and Vice-Rector for Work with Students of the Peoples’ Friendship University of Russia named after Patrice Lumumba Mikhail Katsarsky.

    Let us recall that “University Shifts” is a project that helps schoolchildren and students see the structure of universities from the inside and get acquainted with the educational program and opportunities of higher education institutions. In 2025, about 90 universities from all over the country are waiting for the guys.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Rosneft’s green investment volume in 2024 reached 74 billion rubles

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    June 5 is World Environment Day, its goal is to draw attention to measures to protect ecosystems. In Russia, this date coincides with Ecologist Day.

    Rosneft implements large-scale events and projects aimed at preserving a favorable environment. In 2024, the Company’s “green” investments amounted to 74 billion rubles and exceeded the previous year’s level by 16%. In total, over the past three years, this figure amounted to almost 200 billion rubles.

    The key components of the Company’s long-term environmental agenda are reflected in the strategy “Rosneft-2030: Reliable Energy and Global Energy Transition”. The priorities of the Company and its subsidiaries include the implementation of programs for land reclamation, including “historical heritage”, increasing the reliability of pipelines, preserving water resources and biological diversity in the regions of presence.

    Thus, Samotlorneftegaz completed the implementation of a large-scale program for the reclamation of “historical heritage” lands in 2024 – the total area of restored lands exceeded 2.2 thousand hectares. The company carried out about 85% of all reclamation work using its own eco-service. During the project, new technologies were developed and unique experience was gained, which is in demand by other enterprises.

    Rosneft pays great attention to reforestation activities, thereby contributing to the sustainable development of ecosystems, the preservation of biodiversity, and the fight against climate change. The Company, together with the Government of the Krasnoyarsk Territory, is implementing a comprehensive forest climate project aimed at unlocking the climate-regulating potential of the region’s forests and promoting sustainable development. In 2024, the Company and its subsidiaries in the regions of presence planted almost 11 million seedlings and trees of various species.

    Rosneft is actively implementing the principles of a closed-loop economy (circular economy). Improving the efficiency of waste management processes is one of the priority goals of the Company’s strategy until 2030. The Company’s production enterprises are successfully implementing waste-free technologies that make it possible to obtain artificial soil from drill cuttings – an environmentally friendly building material.

    In addition, the enterprises of the Samara group of the Company handed over almost 300 tons of spent catalyst for recycling. More than 8 thousand tons of non-ferrous and ferrous metal were sent for recycling by the Achinsk Oil Refinery, Saratov Oil Refinery, Syzran Oil Refinery, Kuibyshevsky Oil Refinery, Novokuibyshevsky Oil Refinery, RN-Vankor and Bashneft enterprises.

    The Kuibyshev Oil Refinery, Novokuibyshevsk Oil Refinery, RN-Vankor and Bashneft enterprises also sent about 4.5 thousand tons of waste oils and emulsions, etc. for recycling.

    Biodiversity conservation is another significant area of Rosneft’s environmental activities. The company has been holding annual events to replenish Russia’s aquatic bioresources for over 10 years. In 2024, Rosneft enterprises released over 21.7 million young fish into the country’s water bodies.

    Volunteers of the Company, its subsidiaries and design institutes also actively participate in various environmental initiatives, promote the development of a culture of rational and responsible consumption of natural resources. Employees with children take part in events for greening and improvement of urban areas and natural recreational zones, cleaning of coastlines as part of federal environmental campaigns such as “Green Spring”, “Garden of Memory”, “Water of Russia”, “Clean Shores” and others.

    For over 15 years, Samotlorneftegaz volunteers have been holding clean-up days to clean the shoreline of Lake Kymyl-Emtor as part of the All-Russian campaign “Water of Russia”.

    Samara oil workers help the employees of the Botanical Garden of Samara University to clear the territory of dead wood and leaves, to purchase rare plant species and plant seedlings, and also to restore and improve springs in the region. In 2024, volunteers of the Samara region collected more than 30 cubic meters of garbage from the coastal areas of the Volga and Sok rivers. Volunteers of the Novokuibyshevsk Petrochemical Company collected 930 kg of household waste during an environmental run.

    In 2024, RN-Nyaganneftegaz oil workers collected about 3 tons of household waste from the coastline of the Nyagan-Yugan River.

    Earlier, on the eve of Victory Day, employees of Rosneft enterprises organized the cleaning of parks, memorial complexes and monuments dedicated to the feat of the Soviet people during the Great Patriotic War.

    The Company’s enterprises make a significant contribution to the conservation of natural resources – they organize campaigns to collect used batteries, plastic and waste paper for their further recycling. In 2024, Rosneft employees handed over over 1,100 kg of used batteries, uninterruptible power supplies and disposable batteries for recycling, transferred over 7 tons of plastic for recycling and collected about 180 tons of waste paper.

    Rosneft volunteers also actively promote environmental education of young people and conduct environmental quests, master classes, quizzes and eco-lessons for schoolchildren. For example, Orenburgneft implemented the Eco-School project in 2024 and, together with students from the region’s schools, collected more than 10 tons of waste paper, more than 70 kg of batteries and more than 17 kg of plastic caps.

    For 14 years now, the company has been holding annual environmental safety competitions, which help to raise the level of environmental culture and serve as an incentive for subsidiaries to build up their competencies and improve their work in this area.

    The successful environmental activities of Rosneft subsidiaries have received high public praise. In 2024, the Company’s plants – Syzran Oil Refinery, Novokuibyshevsky Oil Refinery, Kuibyshevsky Oil Refinery – received the highest awards of the All-Russian competition “Leader of Environmental Activities in Russia”.

    Department of Information and Advertising of PJSC NK Rosneft June 5, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

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  • MIL-OSI Russia: China’s labor market shows steady growth amid policy support

    Translation. Region: Russian Federal

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

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

    BEIJING, June 5 (Xinhua) — China’s labor market has seen moderate and steady development momentum this year thanks to comprehensive efforts including a series of employment protection policies, said Chen Yongjia, an official with the Ministry of Human Resources and Social Security.

    Employment support plans have been systematically formulated to expand opportunities in key sectors, leading industries, urban and rural grassroots, and micro, small and medium enterprises, he said during the latest edition of the China Economic Roundtable, a multimedia discussion program hosted by Xinhua News Agency.

    According to him, a comprehensive package of policy measures has been implemented, which includes increasing the limit of lending for maintaining and expanding jobs, expanding the coverage of subsidies for creating new jobs, continuing measures such as the return of funds for employment stabilization and subsidies for upgrading skills, to maximize the potential of the policy.

    As for training in needs-oriented skills, large-scale vocational training has been organized to continuously improve the qualification level of the economically active population, he noted.

    China is also focusing on targeted support to ensure full employment for key groups. It has released a new package of 17 measures to promote employment for young people and provide strong unemployment protection for target groups, the official added.

    Chen Yongjia assured that China will promptly take additional measures to expand employment, thereby providing a reliable foundation for strengthening the fundamental foundations of economic development and social stability.

    Official data shows that the number of Chinese college graduates is likely to reach 12.22 million in 2025, up 430,000 from last year.

    China’s labor market has remained generally stable in recent weeks, with the average survey unemployment rate in China’s cities and towns falling from 5.2 percent in March to 5.1 percent in April, according to the National Bureau of Statistics. -0-

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  • MIL-OSI Russia: China’s economy continues to grow steadily amid external challenges – official

    Translation. Region: Russian Federal

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

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

    BEIJING, June 5 (Xinhua) — China’s economy continues to grow steadily after a positive start in the first quarter of 2025, said Ding Lin, an official with the National Development and Reform Commission (NDRC).

    Speaking on the latest edition of the all-media discussion program “China Economic Roundtable” organized by Xinhua News Agency, Ding Lin noted that despite the difficult external environment, China’s economy has withstood the pressure. Notably, industrial production, the service sector, domestic demand and exports have shown faster growth rates.

    Highlighting China’s high innovation activity, Ding Lin said the country’s high-tech manufacturing sector recorded 10 percent growth in April, nearly 4 percentage points higher than the growth rate of overall industrial output.

    Ding Lin also noted the accelerated development of industries such as unmanned aerial vehicles, new energy vehicles, artificial intelligence and humanoid robots.

    “In general, as measures to stimulate economic growth are quickly implemented, their effect will continue to manifest itself, contributing to the high-quality development of the country’s economy,” he concluded.

    Let us recall that according to the results of the first quarter of 2025, China’s GDP grew by 5.4 percent year-on-year. -0-

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  • MIL-OSI Russia: China steps up legal efforts to combat pollution

    Translation. Region: Russian Federal

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

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

    BEIJING, June 5 (Xinhua) — In 2024, Chinese courts completed 219,000 cases related to environmental management and ecology as first instance courts, including 4,168 public environmental lawsuits and 246 cases on compensation for ecological damage, the Supreme People’s Court (SPC) said Thursday.

    The courts ordered the liable parties to pay compensation totaling 9.6 billion yuan (about $1.34 billion), according to the annual report of the Supreme People’s Council of China.

    These figures indicate the country’s increasing legal efforts to combat environmental pollution and degradation, as well as strict enforcement of laws on environmental protection and pollution prevention and control.

    From 2019 to 2023, China’s courts at various levels handled more than 1.03 million cases in the field of environmental management and ecology as courts of first instance, an increase of 18.9 percent over the previous five-year period.

    Meanwhile, China has been making significant progress in specializing its handling of cases in this area, establishing 2,424 specialized courts to handle such cases by the end of 2024, staffing them with more than 16,000 judges and assistants. -0-

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