Belarus estimates volume of recoverable hydrocarbon reserves at 46 million tons

Translation. Region: Russian Federal

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

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

MINSK, July 24 /Xinhua/ — Belarus has 46 million tons of recoverable hydrocarbon reserves, of which 56 percent are hard to recover, Deputy Director General for Geology of the Belarusian state company Belorusneft Pyotr Povzhik said on Thursday. The relevant information was published by the online publication sb.by.

"The volume of hydrocarbon production in our region will only grow every year. In this regard, our task is to increase competencies, knowledge and technological breakthroughs, to acquire and implement the best world practices so that we can continue to improve the quality of development and increase the volume of extraction of hard-to-recover reserves," noted P. Povzhik.

In Belarus, in the first half of this year, the increase in the volume of oil produced compared to the 2024 level amounted to more than 4.5 percent. The task for 2025 is to exceed the oil production level of 2 million tons, which Belorusneft reached more than 30 years ago. By 2030, annual oil production is projected to increase to 2.3 million tons.

The production association “Belorusneft” was established in 1966. The enterprise conducts exploration, prospecting and development of oil fields, drilling wells, producing oil and associated petroleum gas in Belarus, and operates in the oil sector of other countries. –0–

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China, EU should expand trade, investment ties to cope with external uncertainty: Chinese Premier

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

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

BEIJING, July 24 (Xinhua) — Chinese Premier Li Qiang on Thursday called on China and the European Union to expand trade and investment ties to enhance the resilience and vitality of both sides' economies and better cope with external uncertainties.

Li Qiang made the announcement at a China-EU entrepreneurs' symposium at the Great Hall of the People in Beijing, which was also attended by European Commission President Ursula von der Leyen.

Speaking to about 60 business leaders, Li Qiang stressed that cooperation is the only right choice for China and the EU, noting that the bilateral trade and economic cooperation has shown strong internal vigor in the half-century since the establishment of diplomatic relations.

Facing rising protectionism and unilateralism, China and Europe can become a bulwark of stability for economic globalization and international supply chains by advocating free trade and multilateralism and engaging in closer economic and trade cooperation, the premier said.

Li Qiang proposed that both sides focus on areas such as trade in services, scientific and technological innovation, green economy and cooperation with third parties, building a relationship of healthy competition and cooperation.

He called on enterprises from both sides to adhere to an open attitude, closely align their needs and deepen cooperation in areas such as industrial investment, market expansion and joint research and development.

The Chinese leader assured that China will continue to expand high-level opening-up, shorten the negative list for foreign investment, strengthen intellectual property protection and ensure fair competition.

"We invite more European enterprises to invest in China and develop in an all-round way in China," Li Qiang said, calling on the EU in turn to provide a fair, just and non-discriminatory business environment for Chinese enterprises investing in Europe.

W. von der Leyen, for her part, noted that China is not only a major industrial power, but also achieves outstanding results in the field of innovation.

According to her, the European Union hopes to take advantage of the 50th anniversary of the establishment of diplomatic relations to deepen a long-term, stable and mutually beneficial partnership with China.

She pointed out that the EU intends to strengthen cooperation with China in areas such as trade and investment, jointly promote the stability of industrial and supply chains, properly resolve differences and create a favorable environment for cooperation and business.

The EU has no intention of cutting ties with China and welcomes investment and activities by Chinese companies in Europe, the head of the European Commission added. –0–

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Heads of SCO media discussed ways to further deepen exchanges and cooperation

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

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

ZHENGZHOU, July 24 (Xinhua) — Fu Hua, director general of China's Xinhua News Agency, held separate meetings with media executives attending the Shanghai Cooperation Organization (SCO) Media and Think Tank Summit in Zhengzhou, capital of central China's Henan Province, on Thursday.

Fu Hua welcomed media representatives and think tanks from SCO countries to come together to discuss ways to strengthen solidarity and cooperation and build a broad consensus on sustainable development within the SCO.

The Xinhua Director-General expressed the hope that all parties will jointly tell stories of friendship and cooperation for common development, common prosperity and common promotion of peace, bringing wisdom and strength to building a beautiful home for the SCO.

All parties agreed that the SCO Media and Think Tank Summit, held ahead of the organization's summit in Tianjin, serves as a bridge for deepening cooperation and striving for common development.

Director General of the Union of News Agencies of the Organization of Islamic Cooperation Mohammed Al Yami expressed his willingness to share stories about China with Arabic-speaking audiences and expressed hope for more fruitful results in cooperation with Xinhua on news exchange.

Director General of the Belarusian Telegraph Agency (BelTA) Irina Akulovich called China an important defender of the international order. She promised to deepen exchanges with Xinhua and open a new chapter in practical cooperation between the two agencies.

Director of the Kyrgyz National News Agency Kabar Mederbek Shermetaliev expressed hope to further strengthen personnel exchanges and mutual learning with Xinhua, thereby contributing to the establishment of closer cooperation between Kyrgyzstan and China within the SCO framework.

Director General of the Russian news agency TASS Andrei Kondrashov expressed TASS's readiness to deepen and expand its strategic partnership with Xinhua, contributing to the development of Russian-Chinese relations of comprehensive partnership and strategic interaction, entering a new era.

The SCO Media and Think Tank Summit, jointly organized by Xinhua, the Chinese Academy of Social Sciences and the Henan Provincial People's Government under the leadership of the State Council Information Office, is being held in Zhengzhou from July 23 to 27. –0–

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China has extended invitations to the 2025 World Conference on AI to senior officials from over 40 countries and international organizations — Chinese Foreign Ministry

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

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

BEIJING, July 24 (Xinhua) — China has extended invitations to the World Conference on Artificial Intelligence (AI) and the 2025 Conference on Global AI Governance to senior officials from more than 40 countries and international organizations, Foreign Ministry spokesperson Guo Jiakun said Thursday.

Chinese State Council Premier Li Qiang will attend and deliver a speech at the opening ceremony of the conference on July 26 in Shanghai, east China, a Chinese Foreign Ministry spokesman said the same day.

At a regular press briefing, Guo Jiakun stressed that artificial intelligence is rapidly developing and has become an important driving force for a new round of scientific and technological revolution and industrial transformation. He added that holding the World AI Conference and the Global AI Governance Conference is an important step in implementing China's Global AI Governance Initiative. The goal is to make the conference a technological benchmark, an application exhibition, a catalyst for industrial development, and a platform for discussions on AI governance.

The theme of this year's conference is “Global Solidarity in the Age of AI”.

"We hope that participants will have in-depth discussions on three key topics: deepening innovation cooperation and unleashing intellectual dividends; promoting inclusive development and bridging the digital divide; strengthening joint governance and ensuring that AI development serves the interests of the people," Guo Jiakun said.

China hopes to strengthen unity, jointly strive for development and coordinated actions to ensure the healthy and orderly development of AI in the direction of benefit, safety and fairness, the Foreign Ministry spokesman added. –0–

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The Russian President promised to fully implement plans for the development of the Russian Navy

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

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

Moscow, July 24 /Xinhua/ — Russia will not back down from creating modern Russian Navy forces, all planned actions will be implemented in full, Russian President Vladimir Putin said at a flag-raising ceremony on the nuclear-powered missile submarine "Prince Pozharsky" on Thursday.

"We will definitely and fully implement the planned creation of a modern navy, ensure the security of Russia and our national interests in all areas of the World Ocean. There can be no doubt about this," the head of state noted.

According to him, the construction of strategic missile submarines is a priority for the Russian Federation, since it allows it to ensure the global balance of power.

The moment of raising the flag to the Russian anthem marked the inclusion of the nuclear-powered vessel in the country's Navy.

The nuclear-powered submarine cruiser Knyaz Pozharsky was launched in Severodvinsk in 2024. Being the fourth serial nuclear submarine of the Borey-A project, it belongs to the fourth generation of nuclear-powered submarines.

“Prince Pozharsky” is equipped with modern missile and torpedo weapon systems, navigation, radio-technical and hydroacoustic weapons. –0–

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Passenger car production in Russia fell by 2 percent in January-June

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

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

Moscow, July 24 (Xinhua) — Russia produced 326,000 passenger cars in the first half of 2025, down 2.1 percent from the same period a year earlier, the Federal State Statistics Service of the Russian Federation published on Thursday.

In June, 45 thousand passenger cars were produced in Russia. This is 28.2 percent less than in June 2024.

In the first half of 2025, the country saw a 23.9 percent reduction in truck production. During this period, 68.8 thousand units were produced in Russia. –0–

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ECB keeps key interest rates unchanged

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

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

FRANKFURT AM MAIN, July 24 (Xinhua) — The European Central Bank (ECB) decided to leave key interest rates unchanged at its monetary policy meeting on Thursday.

The deposit rate, with which the Central Bank regulates monetary policy, remains unchanged at 2 percent.

According to Eurostat, the EU's statistical office, inflation in the eurozone rose from 1.9 percent in May to 2 percent in June. Domestic price pressures continue to ease and wage growth is slowing, the ECB said in a statement.

Thus, inflation in the eurozone fluctuates around the target indicator of 2%. The Central Bank has once again confirmed its determination to ensure its stabilization in the medium term.

“The Governing Council stands ready to adjust all instruments within its mandate to ensure that inflation remains stabilised at the 2% target over the medium term and that the smooth functioning of the monetary policy transmission mechanism is maintained,” the regulator said in a statement. –0–

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Last person on Interpol's Red Notice list of 100 fugitives in Asia returned to China

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

BEIJING, July 24 (Xinhua) — Fugitive suspect Zhou Jinghua, the last person on the International Criminal Police Organization's (Interpol) 100 most wanted fugitives list of "red notices" to be in Asia, has been repatriated to China thanks to cooperation between law enforcement and judicial authorities in China and Thailand. –0–

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China commends South Africa's positive actions to uphold one-China principle

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

BEIJING, July 24 (Xinhua) — China highly appreciates South Africa's positive actions in upholding the one-China principle and UN General Assembly Resolution 2758, Chinese Foreign Ministry spokesman Guo Jiakun said Thursday.

The South African government has reportedly issued a notice stating that the “Taipei Trade Office” in the country’s administrative capital Pretoria will no longer be recognised. South Africa has requested that the office be moved from Pretoria to Johannesburg. The “Taipei Liaison Office in Cape Town” will now be known as the “Taipei Trade Office”.

Commenting on South Africa's decision at a daily press briefing, Guo Jiakun recalled that the one-China principle is the political basis for the establishment and development of China's diplomatic relations with other countries, as well as the basic norm of international relations and the prevailing consensus of the international community.

“This also reflects the true meaning of the comprehensive strategic partnership of cooperation between China and South Africa in the new era,” the diplomat stressed, adding that China is willing to continue to firmly support each other on issues affecting the fundamental interests of the two sides together with South Africa. –0–

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Flood alert measures issued in northern China as heavy rains expected

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

BEIJING, July 24 (Xinhua) — Several regions in northern China were put on flood alert on Thursday, with weather forecasts predicting heavy rainfall in the coming days.

The Beijing People's Government raised the rainfall alert level to yellow, the third-highest in a four-tier system, and launched a citywide flood emergency response.

The Haihe River Flood and Drought Control Headquarters and Water Resources Committee in neighboring Tianjin Municipality issued Level 4 flood emergency response and emergency protection modes at 3:00 p.m. Moderate to heavy rainfall in the Haihe River basin is expected to cause water levels in the main river and tributaries to rise from July 24 to 26.

Earlier in the day, the Inner Mongolia Autonomous Region raised its meteorological emergency response for heavy rainfall from Level 4 to Level 3. Rainfall of over 100 mm and up to 180 mm in some parts of the region is forecast, accompanied by thunderstorms and squalls.

Northeast China's Jilin Province issued a Level 4 drought and flood alert at 4 p.m. Heavy rainfall could hit central and western parts of the province, creating an increased risk of flooding and inundation in some cities and several rivers.

At 3:00 p.m., a Level 4 flood alert was also issued in key cities in Hebei Province, with heavy rain and downpours expected overnight.

The authorities of the abovementioned regions have instructed the relevant departments to strengthen monitoring and forecasting, issue timely warnings, intensify inspections of dams and reservoirs, and take effective measures to ensure the safety of citizens' lives and property. The population is advised to remain vigilant in relation to possible secondary disasters caused by extreme weather. –0–

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