Category: Russia

  • MIL-OSI Russia: China and Russia pledge to defend the results of the Victory in World War II

    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, May 8 (Xinhua) — China and Russia on Thursday agreed to firmly defend the results of the victory in World War II.

    Both sides made this commitment in the joint statement between China and Russia on further deepening the comprehensive strategic partnership of coordination in the new era, which was signed by Chinese President Xi Jinping and Russian President Vladimir Putin.

    The parties promised to resolutely suppress any attempts to falsify the history of World War II, to belittle the historical achievements of China and Russia in World War II, or to denigrate the image of the liberators. The parties strongly condemned acts of desecration and destruction of memorials to fallen war heroes.

    In a joint statement, the two countries described World War II as an unprecedented catastrophe in human history, in which China and the Soviet Union became the main theaters of war in Asia and Europe and served as bulwarks of resistance to militarism and fascism.

    The document notes the enormous historical contribution of the Chinese and Soviet peoples to the protection of the dignity of humanity and the restoration of peace on the planet.

    The statement stressed that in the modern world, China and Russia have a common mission and responsibility to maintain a correct view of the history of World War II and will forever remember the righteous deeds of their peoples in safeguarding world peace.

    According to the document, the parties intend to make every effort to prevent the revival of the misanthropic ideology of Nazism and racial superiority, and will continue to jointly oppose the glorification of Nazis and their accomplices, the rise of neo-Nazism, militaristic revanchism, the encouragement of various forms of racism, racial discrimination and xenophobia.

    China and Russia called on the international community to respect and protect the principles developed by the International Military Tribunal in Nuremberg and the International Military Tribunal for the Far East aimed at preventing attempts to start wars, commit genocide, war crimes and other crimes against humanity.

    China and Russia promised to continue holding educational and commemorative events in various forms. –0–

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  • MIL-OSI Russia: Multinational command and staff exercises “NATO-Georgia 2025” have ended in Georgia

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    TBILISI, May 8 (Xinhua) — The NATO-Georgia 2025 multinational command post exercise concluded on Thursday at the NATO-Georgia Joint Training and Evaluation Centre (JTEC) near Tbilisi.

    According to the Georgian Defense Ministry, Georgia, Bulgaria, France, Germany, Greece, Hungary, Italy, Lithuania, Poland, Slovakia, Turkey, Great Britain, the United States, Azerbaijan, Moldova, Armenia and Tunisia participated in the headquarters and field parts of the exercises.

    NATO-Georgia 2025 is a brigade-level, computer-assisted command post exercise designed to prepare Georgian-led multinational forces to plan and conduct crisis operations.

    The current NATO-Georgia exercises began on April 28 and are the fourth such exercises. They are held in Georgia every three years. –0–

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  • MIL-OSI Russia: Lightning: No force can stop China and Russia from pursuing development and rise as long as they maintain strategic determination and coordination – 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

    Xinhua | 09. 05. 2025

    Keywords:

    Source: Xinhua

    Lightning: No force can stop China and Russia from pursuing development and rise as long as they maintain strategic determination and coordination – Xi Jinping Lightning: No force can stop China and Russia from pursuing development and rise as long as they maintain strategic determination and coordination – Xi Jinping

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  • MIL-OSI Russia: GUU and MIREA celebrate the 80th anniversary of Victory: a memorial was opened in the village of Selizharovo

    Translation. Region: Russian Federal

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

    On May 8, 2025, students and staff of the State University of Management, together with colleagues from the Russian Technological University MIREA, opened a memorial to Soviet soldiers in the village of Selizharovo in the Tver Region.

    The opening ceremony, timed to coincide with the 80th anniversary of the Victory in the Great Patriotic War, was attended by Rector Vladimir Stroyev and students of the university expeditionary corps led by Vladimir Linnik on behalf of the State University of Management. RTU MIREA was represented by Vice-Rector Igor Tarasov and members of the Student Expeditionary Corps “Arctic Team”.

    Two years ago, students from RTU MIREA discovered a reinforced concrete firing point during search operations, and while clearing it, they found a trench and the remains of a Red Army soldier. The remains were raised, and a memorial was subsequently founded on this site, arranged by students from GUU and MIREA. The construction of the memorial began on April 30. During the shift, the students also visited the Nilov-Stolobenskaya Hermitage, the source of the Volga River, and a livestock farm on an excursion.

    Having greeted those gathered, the rector of the State University of Management Vladimir Stroyev noted that universities are engaged not only in education, but also in upbringing. Students are at an age when they are being formed as individuals and citizens. Search work on battlefields helps them to learn more about history and find themselves.

    “We are a non-war generation, we grew up in peacetime thanks to our ancestors, who at the cost of incredible efforts achieved victory over the aggressor. Now there are almost no living veterans left, and we have no right to forget the contribution of each of them to the common Great Victory.

    It so happened that today, on the fields of a special military operation, a new military generation is being formed, a generation of successors to the victors of fascism, who continue the fight against this inhuman ideology. This continuity is extremely important, because it is the peers of our students and they themselves who, many, many years from now, will tell their children and grandchildren about the current events.

    I want to congratulate everyone on the upcoming Victory Day, the 80th anniversary of the Victory. And I am sure that another such day will definitely come when we will have a big holiday – our next big common victory,” Vladimir Stroyev wished.

    Acting head of the Selizharovsky municipal district Dmitry Markuzov:

    “80 years ago, the final page of the bloodiest war in history was turned. Every year we pay tribute to those who allowed us to live in a free country, to raise children and grandchildren. The opening of this memorial shows that in every corner of our country, there were stubborn battles for the Motherland.”

    The Chairman of the Ostashkov District Public Organization of Veterans, Anatoly Lukashov, who helped raise the remains of many soldiers lying in the Tver soil and participated in the creation of the memorial exhibition in Selizharovo, reminded those gathered about the events of the Great Patriotic War that took place in the Tver Region.

    After the fall of Smolensk, a decision was made to build three defensive lines around Moscow. The outer, third line of defense ran right through the territory of the Rzhevsky, Selizharsky and Ostashkovsky districts. The fortifications were built day and night, mostly by women and children. The production standard was considered to be 7 cubic meters per day. As a result, on August 27, 1941, the colonel who accepted the work wrote in a report, “The line was accepted with a good, almost excellent rating.”

    “As is known, despite stubborn resistance, in November 1941 the village of Selizharovo was captured by the enemy. But not for long, in January the Red Army returned to these places and at the cost of great losses liberated the surrounding area. Yes, many guys died, about 4,000 people, but there are no unnecessary losses in the defense of the Motherland. The enemy was thrown back from our land, and later finally routed in his lair,” said Anatoly Lukashov.

    Subscribe to the TG channel “Our GUU” Date of publication: 05/08/2025

    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.

    MIL OSI Russia News

  • MIL-OSI Russia: If talks with the US fail, the EU plans to impose duties on US goods worth 95 billion euros and initiate proceedings in the WTO

    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

    BRUSSELS, May 8 (Xinhua) — The European Commission has launched a public consultation on a list of imported U.S. goods worth 95 billion euros (107.2 billion U.S. dollars), warning that they could be the target of retaliatory measures if ongoing talks with the United States fail to produce an agreement, it said in a statement on Thursday.

    The consultations cover a wide range of U.S. industrial and agricultural products, including wine, frozen meats, aircraft, automobiles and auto parts, chemicals, medical products, electrical equipment and machinery.

    In parallel, the European Union is considering the possibility of introducing new restrictions on the export of goods such as scrap steel and chemical products to the United States, worth 4.4 billion euros.

    The U.S. currently imposes 25 percent tariffs on steel, aluminum and cars on the EU, as well as basic 10 percent tariffs on most other goods. The EU is bracing for a possible end to a 90-day “tariff truce” that expires on July 8. If no agreement is reached, the U.S. universal tariffs could rise to 20 percent.

    The European Commission said consultations on retaliatory measures were underway on both the US universal tariffs and the US tariffs on cars and auto parts.

    In the case of a WTO dispute, after the EU formally requests consultations, the parties will have up to two months to reach a mutually acceptable solution. If no agreement is reached, the EU may request the creation of a dispute resolution panel to issue a ruling. –0–

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  • MIL-OSI Russia: The Armenian government has approved a bill on the country’s accession to the Ashgabat Agreement

    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, May 8 (Xinhua) — The Armenian government approved a bill at a meeting on Thursday on the country’s accession to the Ashgabat Agreement on the establishment of an international transport and transit corridor between Iran, Oman, Qatar, Turkmenistan and Uzbekistan.

    The rationale for the decision states that Armenia’s accession to the Ashgabat Agreement will create new opportunities for integration into the transport corridor between the Central Asian countries, the ports of the Persian Gulf and the Sea of Oman. This step will contribute to the creation of reliable conditions for the transportation and transit of goods and passengers through the territories of the above-mentioned states, facilitating multimodal transportation, optimizing transportation costs, strengthening Armenia’s transit role and increasing transportation safety.

    It is noted that the agreement will ensure Armenia’s access to international markets, harmonization of transit documents required for international transportation, simplification of customs procedures and unimpeded use of the transport infrastructure of the respective countries.

    In addition, the agreement will promote the development of mutually beneficial economic and business ties and the expansion of cooperation.

    The Armenian government will send the draft law to the Constitutional Court for review and, after receiving a positive response, will submit it to the National Assembly /parliament/ for ratification. –0–

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  • MIL-OSI Russia: China’s Defense Ministry warns Philippines against any encroachment on China’s core interests

    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, May 8 (Xinhua) — Chinese Defense Ministry spokesman Zhang Xiaogang on Thursday issued a stern warning to the Philippines against infringing on China’s core interests in any form.

    Zhang Xiaogang made the remarks at a press conference, commenting on the recent appearance of the Chinese aircraft carrier Shandong in waters north of the Philippines during joint Philippine-US military exercises, as well as the words of a Philippine navy spokesman about possible joint maneuvers with Taiwanese troops.

    According to the official representative of the PRC Ministry of Defense, the group of ships led by the aircraft carrier Shandong carried out annual training missions in the relevant waters in order to test and improve the comprehensive combat potential of the aircraft carrier group.

    “This is in line with international law and generally accepted international practice and is not directed against any specific country or target,” Zhang Xiaogang stressed.

    He noted that some Filipino figures are colluding with external forces such as the United States, “muddying the waters” for selfish purposes, undermining peace and stability in the South China Sea, and even trying to “play with fire” on the Taiwan issue.

    “We strongly warn the Philippine side to stop violations and provocations, and stop encroaching on China’s core interests in any form,” Zhang Xiaogang said, adding that the Chinese side will continue to take resolute and effective measures to protect China’s territorial sovereignty, maritime rights and interests. -0-

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  • MIL-OSI Russia: Vice Premier of the State Council of China Meets with Saudi Aramco Chairman

    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, May 8 (Xinhua) — Chinese Vice Premier Ding Xuexiang met with Saudi Aramco Chairman Yasser Al-Rumayyan in Beijing on Thursday.

    Ding Xuexiang, also a member of the Standing Committee of the Political Bureau of the CPC Central Committee, said the China-Saudi Arabia comprehensive strategic partnership is developing rapidly, with cooperation in various fields deepening.

    Noting that Saudi Aramco has long been actively involved in China’s reform, opening-up and modernization, the vice premier expressed hope that the two sides will continue to deepen cooperation in traditional fields such as energy and chemical industry, actively develop cooperation in scientific and technological innovation and green transformation, jointly maintain the stability of global industrial and supply chains and the multilateral trading system, so as to make greater contributions to China-Saudi Arabia relations and the world economy.

    Y. Al-Rumayyan, in turn, stated that Saudi Aramco is always optimistic about China’s development prospects and is ready to expand investment and trade cooperation with China in order to contribute to trade and economic cooperation between the two countries. –0–

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  • MIL-OSI Russia: Breaking News: EU to Launch WTO Case Over US Tariffs

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    Xinhua | 08. 05. 2025

    Keywords: wto,us duties,eu intends,urgent,trial,european union will appeal,thursday declared,dispute resolution,consultations,us measures,duties,usa,request,organization,violate,opinion

    BRUSSELS, May 8 (Xinhua) — The European Union will ask the World Trade Organization (WTO) for consultations to resolve disputes with the United States over U.S. “mirror tariffs” and duties on cars and auto parts, the European Commission said Thursday, saying the U.S. tariffs violate fundamental WTO rules. -0-

    Source: Xinhua

    Breaking News: EU to initiate WTO case over US tariffs Breaking News: EU to initiate WTO case over US tariffs

    MIL OSI Russia News

  • MIL-OSI Russia: Military parade held in Kyrgyzstan to mark 80th anniversary of Victory in Great Patriotic 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

    BISHKEK, May 8 (Xinhua) — A ceremonial military parade dedicated to the 80th anniversary of the Victory of the Soviet people in the Great Patriotic War was held in the central Ala-Too Square in the capital of Kyrgyzstan, Bishkek, on May 8.

    The parade was observed by the President and Commander-in-Chief of the Armed Forces of Kyrgyzstan Sadyr Japarov, members of the Cabinet of Ministers, veterans and servicemen of the armed forces, representatives of other security agencies of the country, representatives of the diplomatic and military-diplomatic corps accredited in the republic, as well as the public, youth and guests of the capital.

    S. Japarov delivered a congratulatory speech in which he noted the historical significance of the Victory, the courage and heroism of the generations that defended peace. “So that future generations never forget the invaluable contribution of our fathers and the consequences of the devastating war that took tens of millions of innocent lives, we must teach young people to value peace and tranquility, to live with an awareness of their true value,” the head of state emphasized.

    As noted by the press service of the country’s Ministry of Defense, the military parade in honor of the 80th anniversary of the Victory was the largest in the history of independent Kyrgyzstan both in terms of the number of personnel and the quantity and quality of equipment involved in the parade. In total, about 3 thousand servicemen and more than 120 units of military and special equipment, including heavy armored vehicles, artillery, air defense systems and aviation, took part in the parade. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: Statement by IMF Deputy Managing Director Kenji Okamura at the Conclusion of His Visit to San Marino

    Source: IMF – News in Russian

    May 8, 2025

    San Marino: Mr. Kenji Okamura, Deputy Managing Director of the International Monetary Fund (IMF), issued the following statement today in San Marino at the end of his visit:

    “I am delighted to be in San Marino. This is my first visit, and I would like to thank Captains Regent Bronzetti and Righi, Finance Minister Gatti, Minister of Foreign Affairs Beccari, Central Bank President Tomasetti, Central Bank Managing Director Vivoli, as well as other ministers and senior officials for their warm hospitality and for the productive discussions.”

    “In the last decade, San Marino’s economy has transformed from overreliance on the financial sector serving non-residents and moved towards a diversified growth model, driven by the manufacturing and non-financial services. The economy is in a much stronger position today, thanks to the authorities’ stewardship. Prudent fiscal policies, moderate wage growth, and access to international capital markets have allowed the country to weather the pandemic and the energy crises. Despite the regional slowdown and high global interest rates, San Marino’s economy continues to be resilient, with employment levels at record highs.”

    “I commended the authorities for their ongoing efforts to reduce public debt. Pension reform and prudent wage growth policy have strengthened the fiscal position. We discussed plans to continue building fiscal buffers by containing spending, advancing income tax reforms and introducing VAT. We also discussed the challenges of fiscal policy in the current context of trade tensions and heightened uncertainty.”

    “In addition, we discussed the authorities’ efforts to reduce financial sector vulnerabilities, including resolving banking sector legacy issues and addressing nonperforming loans, via securitization and strengthened bank regulations. While banks’ liquidity, capitalization, and profitability have improved, banks will need to improve their cost efficiency to ensure long-term viability. I welcomed the progress in implementing the Anti-Money Laundering / Countering the Financing of Terrorism framework.”

    “The conclusion of the EU association agreement negotiations is another milestone for San Marino. The agreement will help local businesses access the EU market and will enhance the quality of San Marino’s public administration as it adopts the EU regulatory framework.”

    “I very much appreciate the excellent, long-standing relations between San Marino and the IMF. I look forward to strengthening our continued partnership through regular policy dialogue and technical assistance.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Boris Balabanov

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

    https://www.imf.org/en/News/Articles/2025/05/08/pr25134-san-marino-statement-imf-deputy-managing-director-kenji-okamura-conclusion-his-visit

    MIL OSI

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  • MIL-OSI Russia: China’s Foreign Ministry: US attempts to attack and discredit China-Caribbean relations and cooperation are doomed to failure

    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, May 8 (Xinhua) — The U.S.’s vile attempts to attack and discredit China-Caribbean relations and cooperation are doomed to failure, Chinese Foreign Ministry spokesperson Lin Jian said Thursday.

    Lin Jian made this comment on recent statements by US Secretary of State Marco Rubio regarding the selection of suppliers and contractors by Caribbean countries for the implementation of important infrastructure projects.

    Speaking at a regular departmental press conference, Lin Jian said such statements constitute a malicious attack on China and are aimed at denigrating and undermining relations between China and relevant countries, revealing ideological bias and disregard for basic norms governing international relations.

    “China expresses strong dissatisfaction and categorical protest,” the Chinese diplomat noted.

    Lin Jian stressed that Caribbean countries have the right to independently choose friendly cooperation partners and do not need to be lectured by any country.

    China’s relations with the Caribbean countries serve the fundamental and long-term interests of both sides, Lin Jian said, noting that the US’s cowardly attempts to attack and discredit China-Caribbean relations and cooperation are doomed to failure. -0-

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  • MIL-OSI Russia: China’s New Energy Passenger Vehicle Sales Rise Significantly in April

    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, May 8 (Xinhua) — China’s new energy passenger vehicle market continued to grow at a solid pace in April, with retail sales of the new energy vehicles reaching about 922,000 units, data from the China Passenger Car Association (CPCA) showed Thursday.

    According to the organization, this figure increased by 37 percent year-on-year, but decreased by 7 percent compared to the previous month.

    The penetration rate of new energy vehicles, a measure of their popularity, rose to 52.3 percent in the domestic market last month.

    According to CPCA data, total retail sales of new energy passenger vehicles in the first four months of this year were 3.34 million units, up 37 percent from the same period a year earlier.

    Retail sales of passenger cars in the Chinese market in April amounted to 1.79 million units, up 17 percent from April last year, but down 8 percent from the previous month.

    In the first four months of this year, total retail sales of passenger cars reached 6.92 million units, up 9 percent year-on-year. -0-

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  • MIL-OSI Russia: Chinese Foreign Ministry: China aims to become the engine of global economic growth

    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, May 8 (Xinhua) — China will pursue high-level opening up to the outside world, win-win cooperation and become an engine of global economic growth, Foreign Ministry spokesperson Lin Jian said Thursday.

    Lin Jian made the remarks while commenting at the request of the media on the opinion that the resilience of the Chinese economy allows it to withstand various external shocks, and the viability of the Chinese economy during the May Day holiday seemed to have completely dispelled concerns about the country’s economic prospects.

    “The rapid growth in consumption during the holiday reflects the vitality and potential of the Chinese economy,” Lin Jian said, adding that the average daily number of foreign nationals entering and leaving the country during the five-day May Day holiday was about 1.1 million, up 43.1 percent year-on-year, while sales of travel packages to China increased by about 90 percent during the period.

    “Measures to increase institutional openness are being translated into practical attractiveness for foreign tourists,” he added.

    Lin Jian noted that indicators such as foreign buyer attendance and record pre-export transactions at the recently concluded Guangzhou Fair demonstrate the international business community’s continued optimism about the long-term development of China’s economy.

    “Temporary fluctuations will neither sink the giant ship of the Chinese economy nor stop the Chinese people’s aspiration for a better life,” Lin Jian stressed, adding that China has always been committed to a policy of high-level opening up, win-win cooperation, and is striving to become the engine of global economic growth. -0-

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  • MIL-OSI Russia: China’s Xinjiang commemorates Soviet comradeship in anti-Japanese war through Red Tourism promotion

    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

    URUMQI, May 8 (Xinhua) — A wooden arch bridge, which has become one of the “calling cards” of Xinjiang’s red tourism, is still carefully preserved on the Baiyang River in Urumqi, capital of northwest China’s Xinjiang Uygur Autonomous Region. The 85-year-old structure stands as a silent witness to the desperate story of how Chinese communists organized and protected a vital supply route for the Chinese nation from the Soviet Union through the northwest territory during the War of Resistance Against Japanese Aggression.

    After the Chinese people’s all-out anti-Japanese war began in 1937, Japanese militarists quickly captured China’s coastal regions, thereby cutting off communications linking the country to the outside world. At such a critical moment for the existence of the Chinese nation, the authorities were forced to organize a new route for the import of ammunition from friendly countries in the country’s northwestern inland region, the Xinjiang Uyghur Autonomous Region.

    The first state to assist China in the all-out anti-Japanese war was the USSR, which supplied strategic cargo through Xinjiang by both air and road transport. In particular, cargo was sent by land from Almaty, after crossing the Khorgos border crossing, it passed through Ili, Dihua (present-day Urumqi), Turpan, Hami and other places in Xinjiang, and after leaving Xinjiang, it was delivered to the city of Lanzhou in Gansu Province.

    The length of this transport route exceeded 1,500 km in the section within Xinjiang, and the above-mentioned arch bridge, called “Dabancheng”, became an essential passage on the way between Dihua and Turpan. The bridge was built and opened to traffic in 1940. Its length is 28.5 m, and the width of the deck made of wooden slabs soaked in special oil is 7 m.

    According to published data, during the period 1937-1941, the USSR, with the help of this international corridor, delivered to the Chinese front more than 1,200 aircraft of various types, 82 tanks, over 2,000 vehicles, more than 4,300 artillery units and 14 thousand machine guns, as well as a large quantity of other ammunition.

    According to Mai Yuhua, deputy director of the Research Institute of History at the Xinjiang Academy of Social Sciences, of all the international aid and weapons received by China during the anti-Japanese war, 80 percent came from the USSR, and 90 percent of them were delivered to the front lines through Xinjiang. “Therefore, helping the local authorities of Xinjiang to protect and guarantee the continuity of this communication artery was one of the important tasks for the Chinese communists who were in Xinjiang at that time,” he noted.

    Now, a tourist zone has been created around the Dabancheng Arch Bridge, which is included in the list of cultural relics protected at the level of the Xinjiang Uygur Autonomous Region. Here, visitors can view the arch bridge, learn about historical episodes of the Anti-Japanese War, and participate in various interactive activities, including a test of manually transporting strategic cargo in the absence of motor vehicles.

    In recent years, the area has attracted more and more visitors, thanks to efforts by Xinjiang authorities to effectively utilize and promote red tourism resources. Such efforts have also resulted in the improvement and increased visitor numbers of other military and revolutionary memorial sites, including a museum dedicated to the Xinjiang Mission of the Chinese Communist-controlled 8th Army, which was once tasked, among other things, with the extraordinary task of organizing and protecting the “red” logistics route between Yan’an (Shaanxi Province, Northwest China) and Moscow, via Xinjiang.

    Summing up the situation of Xinjiang’s tourism market during the recently concluded International Labor Day holiday (May 1-5), many online platforms reported a significant increase in the number of searches for museums, memorial sites, cemeteries of martyrs, and other red tourism sites.

    According to data from the Urumqi City Museum, which also functions as the Urumqi Revolutionary Historical Memorial Sites Management Center, over 12,000 people visited various museums and memorial sites throughout the city every day from May 1 to 5 as part of the red tourism. -0-

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  • MIL-OSI Russia: China and Russia to assume special responsibilities as major countries – 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

    MOSCOW, May 8 (Xinhua) — China will work with Russia to shoulder special responsibilities as major countries in the world and permanent members of the United Nations Security Council, Chinese President Xi Jinping said here on Thursday during talks with Russian President Vladimir Putin as part of his state visit to Russia.

    At present, in the face of unilateralism, power politics and bullying in the world, the two sides should take a clear stance to jointly advance the correct view of the history of World War II, safeguard the authority and status of the UN, firmly safeguard the rights and interests of China and Russia as well as a wide range of developing countries, and promote the building of an equal and orderly multipolar world and an all-round beneficial and inclusive economic globalization, Xi said.

    Noting that he is very glad to visit Russia again at the invitation of President Vladimir Putin and take part in the celebrations of the 80th anniversary of the Victory of the Soviet Union in the Great Patriotic War, Xi Jinping said that history and reality fully demonstrate that the continuous development and deepening of Chinese-Russian relations are necessary for passing on the friendship between the two peoples from generation to generation.

    It is also an inevitable choice for the two sides to achieve mutual achievements and promote their development and rejuvenation, the Chinese leader noted, adding that it is the call of the times to uphold international justice and promote the reform of the global governance system.

    Recalling that this year marks the 80th anniversary of the Chinese People’s Victory in the War of Resistance Against Japanese Aggression, the Soviet Union’s Victory in the Great Patriotic War and the Victory in the World Anti-Fascist War, Xi Jinping pointed out that 80 years ago, the peoples of China and Russia, at the cost of enormous losses, won a great victory and made significant historical contributions to maintaining world peace and the cause of human progress. –0–

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  • MIL-OSI Russia: Jamaica: Staff Concluding Statement of the 2025 Article IV Mission

    Source: IMF – News in Russian

    May 8, 2025

    A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF’s Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, or as part of other staff monitoring of economic developments.

    The authorities have consented to the publication of this statement. 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. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF Executive Board for discussion and decision.

    Kingston, Jamaica: An International Monetary Fund (IMF) team led by Mr. Mauricio Villafuerte held meetings in Kingston (and virtually) with Jamaica government counterparts, private sector, civil society, and development partners during April 30-May 7 to conduct the 2025 Article IV consultation. At the conclusion of the mission, Mr. Villafuerte issued the following statement:   

    “Over the last decade, Jamaica has successfully reduced its public debt, firmly anchored inflation and inflation expectations, and strengthened its external position. It has built an enviable track record of investing in institutions and prioritizing macroeconomic stability. Jamaica has met recent global shocks and natural disasters in a manner that is agile, prudent, and supportive of growth.

    GDP declined in FY2024/25 due to hurricane Beryl and tropical storm Raphael which damaged agriculture and infrastructure and undermined tourism. Nonetheless,  economic activity is projected to normalize as these effects wane. Unemployment has fallen to all-time low levels (3.7 percent in January 2025) and inflation has converged to the Bank of Jamaica (BOJ)’s target band of 4-6 percent. The current account has been in a modest surplus for the last two fiscal years with strong tourism revenues and high remittances. The international reserves’ position has continued to improve.

    “The outlook points to growth settling at its potential rate once the FY2025/26 recovery is complete and with inflation stabilizing at the BOJ’s target range. Nonetheless, global developments require continued close monitoring. Global downside risks emanating from tighter global financial conditions, lower growth in key source markets for tourism, and trade policy disruptions remain high. Finally, extreme weather events—such as floods, hurricanes, or earthquakes—could negatively affect economic activity.

    “The Jamaican authorities continue to implement sound macroeconomic policies, aided by robust policy frameworks. A primary surplus is expected for FY2025/26 leading public debt to fall towards 65 percent of GDP by the end of the fiscal year, the lowest level in 25 years and well below pre-pandemic levels. The Bank of Jamaica’s approach to monetary policy has anchored inflation around the mid-point of the inflation target band and inflation expectations have declined close to the upper band of the BOJ’s target range. The lowering of the policy rate in 2024 was justified in view of the temporary nature of the weather-related shocks and the expected convergence of inflation to the BOJ’s target. The current fiscal-monetary policy mix places Jamaica in a good position to respond to the various downside global risks, should they be realized.

    “The policy frameworks are benefitting from ongoing improvements. A Fiscal Commission became operational in 2025 and is providing assessments of the macroeconomic and fiscal forecasts as well as the budget’s consistency with Jamaica’s fiscal rules. The wage bill reform has reduced distortions in public sector compensation, increasing both transparency and competitiveness of civil service salaries. Tax and customs administration improvements are increasing compliance. Progress continues with adopting the Basel III framework, introducing a “twin peaks” supervisory regime, expanding the BOJ’s supervisory perimeter, and enhancing consolidated supervision.

    “Going forward the wage bill needs to be carefully managed to avoid crowding out other fiscal priorities. At the same time, there is room to improve the efficiency of public spending per recommendations of an Agile Public Expenditure and Financial Accountability assessment completed in June 2024. The fiscal responsibility law could benefit from the adoption of an explicit operational debt anchor below the current debt limit to help guide policies over the medium term, ensure that debt is kept at moderate levels, and build fiscal buffers. Implementing reforms to deepen foreign exchange market and allow greater exchange rate flexibility would strengthen the transmission mechanism of monetary policy. Financial stability should be further bolstered by passing the Special Resolution Regime law and making further improvements to the AML/CFT framework.

    “The authorities are implementing policies to foster potential growth and tackle supply side constraints that inhibit growth. Low productivity has been worsened by structural impediments including high crime, barriers to competition, poor educational outcomes, inadequate infrastructure, and barriers to trade. The authorities are addressing these issues by increasing investments in policing and security (which has led to a sustained decline in major crimes). Efforts are also underway to establish an unemployment insurance and strengthen employment services (including job counseling and job matching). The authorities continue to introduce measures to reduce pollution and incentivize the adoption of low carbon technologies. Finally, a comprehensive action plan is being developed to improve statistics.  

    “The IMF team is grateful to the Jamaican authorities and other counterparts for their hospitality and very productive discussions.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Brian Walker

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

    https://www.imf.org/en/News/Articles/2025/05/08/mcs-05072025-jamaica-staff-concluding-statement-of-the-2025-article-iv-mission

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  • MIL-OSI Russia: HSE University Signs Cooperation Agreements with Leading Universities in China

    Translation. Region: Russian Federal

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

    On May 8, 2025, in Moscow, in the presence of Russian President Vladimir Putin and Chairman of the People’s Republic of China Xi Jinping, strategic agreements were signed between the National Research University Higher School of Economics and two of China’s largest universities, Peking University and Tsinghua University. The ceremony was attended by HSE Rector Nikita Anisimov, Tsinghua University Party Committee Secretary Qiu Yong, and Peking University President Gong Qihuang. The signing took place as part of the official visit of the Chinese delegation to Russia, timed to coincide with the celebration of the 80th anniversary of the Victory.

    The agreements will be an important step in the development of a strategic partnership between Russia and China aimed at creating a unified scientific space and institutional strengthening of the BRICS association. Particular emphasis is placed on fundamental disciplines, reflecting the desire of both countries to support advanced research that lays the foundation for technological breakthroughs.

    The agreement between HSE and Peking University is dedicated to the development of scientific cooperation in the field of natural sciences: physics, chemistry, and advanced materials. The universities agreed to implement a joint research project, “Development of highly efficient and stable perovskite solar cells.” The project became one of the winners of the HSE competition “International academic cooperation” The Higher School of Economics is participating in it Scientific and educational laboratory of quantum nanoelectronics Moscow Institute of Electronics and Mathematics named after A.N. Tikhonov.

    HSE and Peking University also signed an agreement to create a BRICS Research Platform. This is a joint scientific space within which Russian and Chinese researchers will analyze key areas of scientific work, the activities of multilateral institutions, global governance processes, and interactions between Russia and China in the field of international relations.

    The Higher School of Economics signed a cooperation agreement with Tsinghua University aimed at developing academic, cultural and educational ties. This will create a basis for implementing joint programs, including scientific, student exchange, etc.

    HSE University is one of the leading Russian universities today, focused on developing a comprehensive Russian-Chinese partnership. The Higher School of Economics cooperates with more than 40 leading educational and scientific organizations in China. The university offers many bachelor’s, master’s and professional retraining programs focused on studying and working with China. About 1,300 HSE students study Chinese, more than 300 students from China study at HSE, including on exchange programs.

    HSE plans to expand cooperation formats and launch new initiatives with universities and research centers in China, focusing on the development of fundamental sciences and strengthening international scientific dialogue.

    Nikita Anisimov, Rector of the National Research University Higher School of Economics

    “The Higher School of Economics and Chinese universities are already linked by successful joint work, and recently, during the visit of the HSE delegation to China, we reached an agreement on further expansion of this partnership. We are confident that our new agreements with Peking University and Tsinghua University will not only help expand bilateral ties and enrich science in its advanced areas, but will also give an additional impetus to further deepening Russian-Chinese cooperation in general. It is noteworthy that the BRICS dimension is now added to our scientific interaction with Chinese partners: the countries of the association play a key role in the formation of a new multipolar global architecture, and their interaction and influence on the international situation require comprehensive, deep expert understanding.”

    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: Marat Khusnullin: Road workers have improved the area around 20 monuments in historical regions

    Translation. Region: Russian Federal

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

    In the reunited regions, for the anniversary of the Victory, road workers are tidying up the areas near memorial sites along the roads that are under repair. For example, the state company Avtodor alone has improved about 20 such spaces, Deputy Prime Minister Marat Khusnullin reported.

    “From the very beginning of the Great Patriotic War, the capture of Donbass was one of the goals of Nazi Germany. Despite the fierce resistance of the Red Army, the Nazi occupation of the cities and villages of the mining region began in October 1941, and lasted until the end of September 1943. In memory of these and other events, many memorials have been created in the territory of all four new regions. Road workers are also involved in their improvement. In the DPR, the area around six monuments has been tidied up, in the LPR – around nine. In the Zaporizhia region, work was carried out along the Tokmak-Chernigovka highway,” the Deputy Prime Minister said.

    In Mariupol, the villages of Vasilyevka and Razdolnoye, as well as other settlements of the DPR, sidewalks were paved. In Chervona Polyana of the LPR, the territory was cleared, concrete surfaces were repaired and painted, damaged reinforced concrete slabs were replaced near the monument to Soviet soldiers near the village of Verkhnyaya Pokrovka, and parking areas were arranged.

    “For us, this is not just landscaping work. The roads that we repair in the reunited regions are a connecting thread that preserves an important part of the historical memory of our country. We remember, are proud and cherish the feat of those who built the roads leading to Victory. Now it is our turn to build a peaceful future for the country. For residents of the regions and those wishing to honor the memory of the soldiers, we have arranged sidewalks and parking pockets, and also carried out landscaping of the territory near the memorials,” added Vyacheslav Petushenko, Chairman of the Board of the State Company Avtodor.

    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: Financial news: 08.05.2025, 12-10 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the RU000A101LX1 security (FSK RS1R5) were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    08.05.2025

    12:10

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 08.05.2025, 12-10 (Moscow time), the values of the upper limit of the price corridor (up to 90.14) and the range of market risk assessment (up to 923.85 rubles, equivalent to a rate of 7.5%) of the RU000A101LX1 security (FSK RS1R5) were changed.

    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.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MEEX.K.M.M.M.

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  • MIL-OSI Russia: During his working visit to the LPR, Marat Khusnullin visited a number of sites and laid flowers at the memorial to the Heroes of the Front and Rear of 1941–1945

    Translation. Region: Russian Federal

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

    During a working visit to the LPR, Marat Khusnullin laid flowers at the memorial to the Heroes of the Front and Rear of 1941–1945.

    Deputy Prime Minister Marat Khusnullin made a working visit to the Luhansk People’s Republic, during which he visited a plant, a training center, and also checked the pace of restoration of a five-story building.

    “I got acquainted with the work of the Lugamash enterprise, which is engaged in the production of railway locomotives and rolling stock. In 2023, the Territorial Development Fund included the company among the top ten in the register of participants in the free economic zone. The preferential conditions of the SEZ made it possible to begin modernizing and technically re-equipping production, increase the number of employees and raise the level of wages. I believe that this enterprise has very great prospects. And on those sites that are not used, it is necessary to create a technology park so that there is an opportunity to work in other areas of the regional industry,” said the Deputy Prime Minister.

    Marat Khusnullin laid flowers at the memorial on the plant grounds dedicated to the memory of the Heroes of the Front and Rear of 1941–1945.

    In addition, the Deputy Prime Minister checked the progress of the restoration of an apartment building in the Vatutina quarter, to which 64 families are expected to return after the summer, and assessed the progress of the renovation of the building of the military training center at the V. Dahl Luhansk State University.

    “The head of the center, Colonel Mikhail Basanov, said that the main tasks of this institution are the implementation of military training programs and work on military-professional orientation of young people. The conditions for such an important matter must be appropriate – they are created by the “Single Customer”. They plan to hand over the facility in June, so that it will be possible to train about 300 cadets at a time,” noted Marat Khusnullin.

    At the end of the trip, a meeting was held on the development of the region.

    “I can say with satisfaction that the republic is coping with all the tasks set. This speaks of the systematic work of the team of the head of the LPR Leonid Pasechnik and the chairman of the LPR government Yegor Kovalchuk, which will continue to allow the implementation of the planned plans to bring the standard of living in the LPR to the average Russian level,” the Deputy Chairman of the Government concluded.

    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: The government has approved a list of songs about the war that can be used free of charge during festive events

    Translation. Region: Russian Federal

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

    The list of musical works about the feat of the Soviet people in the Great Patriotic War, which can be used free of charge during various festive events, includes 52 songs and the march “Farewell of Slavyanka”. The order approving this list was signed by Prime Minister Mikhail Mishustin.

    The list includes the most popular and widely known songs about the war: “Victory Day”, “In the Frontline Forest”, “Katyusha”, “Cranes”, “Blue Scarf”, “On a Nameless Height”, “Song of War Correspondents” and others. They can be used free of charge during festive concerts, rallies and marches, memorial ceremonies, in television and radio programs on Victory Day, Defender of the Fatherland Day, as well as on days of military glory or memorable dates associated with the events of the Great Patriotic War.

    The signed order is part of the work to implement the new norms of the federal law “On the perpetuation of the Victory of the Soviet people in the Great Patriotic War of 1941-1945”. They require the Government to create a publicly accessible list of musical works (with or without text) that were lawfully published before December 26, 1991, glorifying the people’s feat during the war.

    The document will be published.

    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: Financial news: 08.05.2025, 11-17 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for security RU000A109916 (RostelP10R) were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    08.05.2025

    11:17

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 08.05.2025, 11-17 (Moscow time), the values of the upper limit of the price corridor (up to 106.57) and the range of market risk assessment (up to 1144.67 rubles, equivalent to a rate of 8.75%) of the security RU000A109916 (Rostel P10R) were changed.

    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.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MOEX.K.M.M.

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  • MIL-OSI Russia: Financial news: 08.05.2025, 11-18 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A104TD0 (Rostel2P7R) were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    08.05.2025

    11:18

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 08.05.2025, 11-18 (Moscow time), the values of the upper limit of the price corridor (up to 98.98) and the range of market risk assessment (up to 1050.49 rubles, equivalent to a rate of 8.75%) of the security RU000A104TD0 (Rostel2P7R) were changed.

    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.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

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  • MIL-OSI Russia: Financial news: 08.05.2025, 11-46 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A102DB2 (GPB001P18P) were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    08.05.2025

    11:46

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 08.05.2025, 11-46 (Moscow time), the values of the upper limit of the price corridor (up to 108.96) and the range of market risk assessment (up to 1249.78 rubles, equivalent to a rate of 11.25%) of the RU000A102DB2 (GPB001P18P) security were changed.

    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.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

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  • MIL-OSI Russia: China warns Philippines against infringing on China’s core interests in any form

    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 | 08. 05. 2025

    Keywords: any form, interests of China, infringement, China, Philippines, warned, Philippines, stern warning, departmental press, Zhang, Shandong, Thursday, exercises, Taiwan, USA, North

    BEIJING, May 8 (Xinhua) — Chinese Defense Ministry spokesman Zhang Xiaogang on Thursday issued a stern warning to the Philippines against infringing on China’s core interests in any form.

    Zhang Xiaogang made the remarks at a departmental press conference in response to a question about the appearance of the Chinese aircraft carrier Shandong in waters north of the Philippines during recent joint military exercises between the Philippines and the United States, as well as a statement by a Philippine Navy spokesman about possible joint exercises involving the Philippines and Taiwan. -0-

    Source: Xinhua

    China warns Philippines against infringing on China’s core interests in any form China warns Philippines against infringing on China’s core interests in any form

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  • MIL-OSI Russia: China condemns US attempts to turn Asia-Pacific region into a ‘powder keg’

    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, May 8 (Xinhua) — The U.S. attempt to turn the Asia-Pacific region into a “powder keg” is seriously undermining the security and well-being of people in the region, Chinese Defense Ministry spokesman Zhang Xiaogang said Thursday.

    He made the statement in response to a question from media representatives about the US Defense Secretary’s calls to contain China in the Indo-Pacific region and Washington’s plans to establish a major military facility in the Philippines to store weapons, equipment and logistics.

    “In order to maintain its hegemony, the United States has repeatedly used China as a pretext in an attempt to turn the Asia-Pacific region into a ‘powder keg’, endangering various countries,” Zhang Xiaogang said, stressing that such actions seriously harm the security and well-being of the countries in the region and their people.

    “Facts have repeatedly proven that being an enemy of the United States is dangerous, but being a friend can be deadly,” a Chinese defense official said. He urged interested countries “not to invite trouble or become pawns in someone else’s hands” to avoid undermining the hard-won peace and stability in the Asia-Pacific region. -0-

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  • MIL-OSI Russia: China’s Ministry of Commerce Comments on Anti-Dumping Investigation into EU Brandy

    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, May 8 (Xinhua) — Chinese Ministry of Commerce spokesperson He Yadong on Thursday commented on the anti-dumping investigation of brandy produced in the European Union (EU), saying China is open to resolving economic and trade differences through dialogue and consultation.

    In this way, the department’s representative, at the latest departmental press briefing, answered a question from media representatives about China’s expectations from the upcoming economic and trade negotiations between Vice Premier of the State Council of the People’s Republic of China He Lifeng and representatives of France, in particular regarding the import of brandy.

    According to He Yadong, at the request of the China Alcoholic Beverage Industry Association, which acted on behalf of domestic enterprises in the industry, China launched an anti-dumping investigation on brandy imported from the EU on January 5, 2024. Given the complex circumstances of the case, the ministry decided to extend the investigation until July 5, 2025.

    The investigating authorities are currently reviewing the price commitment applications submitted by EU exporters, as well as the comments and opinions submitted by all parties after the preliminary ruling, He added.

    He promised that the authorities would make a final decision within the prescribed time frame and based on the facts of the case, as well as through an investigation process conducted in accordance with laws and regulations.

    Meanwhile, China is open to resolving economic and trade differences through consultation and dialogue, the ministry spokesman added. -0-

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  • MIL-OSI Russia: Breaking: EU to impose tariffs on €95bn worth of US goods if talks fail

    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 | 08. 05. 2025

    Keywords: US goods worth,if negotiations fail,billion euros,EU,urgent,duties,will introduce,list of US imports,measures may come into force,billion US dollars,commission started,USA,Thursday,amount,agreement,force

    BRUSSELS, May 8 (Xinhua) — The European Commission has launched a public consultation on a list of US imports worth 95 billion euros (107.2 billion U.S. dollars), warning that measures could come into force if talks with the United States fail to produce an agreement, the EU said in a statement on Thursday.

    Source: Xinhua

    Breaking: EU to impose tariffs on €95 billion worth of US goods if talks fail Breaking: EU to impose tariffs on €95 billion worth of US goods if talks fail

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  • MIL-OSI Russia: China steps up efforts to promote non-state sector development

    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, May 8 (Xinhua) — China is introducing a series of measures to promote the development of the country’s non-state sector economy, officials said at a press conference held by the State Council Information Office on Thursday.

    The newly enacted Law on Promoting the Development of the Non-State Sector of the Economy enhances development certainty through legal stability, providing confidence to non-state enterprises seeking growth in a calm environment, Zheng Bei, deputy head of the National Development and Reform Commission (NDRC), said at a press conference.

    In order to ensure fair participation in market competition, the law stipulates that China will implement a unified nationwide system of negative lists to regulate market access, Zheng Bei noted.

    Regarding equal access to production factors, the law ensures that non-state economic entities have equal rights to use capital, technology, human resources, digital data, land and public service resources on a legal basis, ensuring a level playing field for all stakeholders, she added.

    According to her, the SCRRK has launched a number of major projects in sectors such as nuclear energy and railways. In some nuclear energy projects, the share of non-state capital has reached 20 percent, while in projects in areas such as industrial equipment renewal and resource utilization and reuse, the share of investment by non-state enterprises has exceeded 80 percent.

    Zheng Bei said that this year, China will launch high-quality projects with a total investment of about 3 trillion yuan (about 416.2 billion US dollars) in sectors such as transportation, energy, water conservancy and new infrastructure.

    From January to April this year, the proportion of non-state-owned enterprises winning tenders increased by 5 percentage points compared with the same period last year, Zheng Bei said, adding that among projects worth less than 100 million yuan, non-state-owned enterprises accounted for more than 80 percent of the total number of winning projects.

    Speaking at the aforementioned press conference, Deputy Director General of the State Administration of Financial Regulation of the People’s Republic of China Cong Lin said that loans issued by banking financial institutions to enterprises in the non-state sector of the economy have maintained steady growth.

    According to her, over the past five years, loans issued to non-state enterprises have grown at an average annual rate of 1.1 percentage points higher than the overall growth rate of loans of all categories.

    As of the end of the first quarter of this year, the outstanding balance of loans issued to non-state-owned enterprises reached 76.07 trillion yuan, up 7.41 percent year on year, Cong Lin added, noting that the outstanding balance of inclusive loans issued to micro and small enterprises was 35.3 trillion yuan, up 12.5 percent year on year.

    The Law on Promoting the Development of the Non-State Economy, which will take effect on May 20 this year, stipulates that promoting the sustainable, healthy and high-quality development of the non-state economy is an important and long-term policy of China. -0-

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