The international trade fair for wholesale trade of light industry goods, BTI-2025, has opened in Belarus.

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

Minsk, October 8 (Xinhua) — The BTI-2025 International Light Industry Wholesale Trade Fair opened in the Belarusian capital on Wednesday. More than 70 exhibitors from Belarus, Russia, China, and Uzbekistan are showcasing their products. The relevant information was published by BelTA.

The exhibition's main theme is "Dialogue between Business and Fashion." As Tatyana Lugina, head of the Belarusian concern Bellegprom, noted at the opening ceremony, Belarusian products are widely represented across various product lines.

"We tried to reflect two themes: preserving traditions and cherishing cultural heritage, and implementing modern technologies and using new fabrics. Belarus's light industry clearly understands its place in this highly competitive world and keeps up with the times," emphasized T. Lugina.

The opening ceremony showcased a unique collection of linen garments with Torzhok gold embroidery, titled "Ray of Golden Sunshine," a collaboration between Belarusian and Russian brands. Guests were also able to see other new products from Belarusian manufacturers.

The BTI-2025 exhibition is taking place in Minsk from October 8th to 10th. The business program includes specialized seminars, business meetings with executives from leading companies and trade representatives, company presentations, and fashion and footwear collection shows. The event is organized by the National Exhibition Center "BelExpo" and the "Bellegprom" concern.

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Russia supports the key goals of the upcoming Global Women's Summit in Beijing, according to a Russian Foreign Ministry spokesperson.

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

Moscow, October 8 (Xinhua) — Russia supports the key goals of the Global Summit of Women, which will take place next week in Beijing and coincide with the 30th anniversary of the 1995 World Conference on Women. This was stated by Russian Foreign Ministry spokesperson Maria Zakharova on Wednesday, responding to a question from a Xinhua correspondent.

"Russia supports the forum's key goals: summing up thirty years of international work to promote true gender equality, intensifying global efforts to combat women's limited access to education and healthcare, and developing steps to enhance women's role in the digital economy," the Russian diplomat said.

She noted that the summit is one of the key events in the campaign to ensure gender equality implemented by the Chinese authorities.

M. Zakharova confirmed the participation of a representative Russian delegation at the summit, led by Galina Karelova, First Deputy Chair of the Federation Council Committee on Federal Structure, Regional Policy, Local Government, and Northern Affairs. Representatives of the Women's Union of Russia, the largest and most respected women's organization, which will celebrate its 85th anniversary next year, will also participate in the forum. "The partnership between the Women's Union of Russia and the All-China Women's Federation has been developing for several years. A memorandum of cooperation has been signed between these two organizations," the Russian Foreign Ministry representative noted.

According to M. Zakharova, Russia shares China's view that genuine care for women and gender equality are a matter of particular concern and require special attention from the state. She emphasized that many events, including those held within the BRICS and SCO frameworks, are serving as platforms for Russian-Chinese cooperation on these issues.

The official representative of the Russian Foreign Ministry expressed confidence that the decisions made at the summit will contribute to the creation of an international environment conducive to the harmonious development of women and increased their involvement in addressing global issues.

"We are convinced that the upcoming summit, to which Beijing is paying particular attention, will provide a good opportunity to advance relevant Russian-Chinese dialogue and coordinate promising steps on the gender track in a bilateral format," added M. Zakharova, wishing the summit effective and fruitful work.

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China called on the Group of Friends of Neutrality to reform and improve global governance.

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

BEIJING, Oct. 8 (Xinhua) — Zhao Leji, chairman of the Standing Committee of the National People's Congress (NPC), on Wednesday called on member countries of the Group of Friends of Neutrality to jointly restore multilateralism and reform and improve global governance.

Zhao Leji made the statement via video link at the invitation of the Speaker of the Mejlis (parliament) of Turkmenistan, Dunyagozel Gulmanova, at the 2nd meeting of the heads of parliaments of the member countries of the Group of Friends of Neutrality.

As the Chairman of the NPC Standing Committee noted, since its establishment more than five years ago, the Group of Friends of Neutrality has provided a useful platform for like-minded countries to strengthen mutual understanding and trust, deepen exchanges and cooperation, and pursue multilateralism.

Zhao Leji recalled that this year marks the 80th anniversary of the victory in the World Anti-Fascist War and the founding of the UN. Currently, the world is entering a new, turbulent period of fundamental change, when the UN and multilateralism are facing headwinds, he stated.

Zhao Leji pointed out that in early September, Chinese President Xi Jinping put forward the Global Governance Initiative, which emphasizes the principles of sovereign equality, the rule of international law, multilateralism, a people-centered approach, and real action.

According to the Chairman of the NPC Standing Committee, this initiative, aimed at promoting the construction of a more equitable and reasonable global governance system, is another significant and widely welcomed initiative following the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative.

As Zhao Leji noted, the meeting of parliamentary leaders held on Wednesday focused on the role of inter-parliamentary dialogue in maintaining peace and trust throughout the world and has far-reaching significance.

Legislative bodies have a responsibility to actively promote fair and reasonable global governance and build a community of shared destiny for humanity, he emphasized.

The NPC Standing Committee chairman called on all parties to jointly implement the four global initiatives, strengthen unity and cooperation, revive multilateralism, reform and improve global governance, and jointly uphold the international system with the UN at its core and the international order based on international law.

Noting that China and Turkmenistan are good friends and partners who can rely on each other, Zhao Leji stated that during the recent visit of Turkmen President Serdar Berdimuhamedov to China, the two heads of state conducted friendly exchanges and charted a new course for the development of bilateral relations.

"China is ready to work with Turkmenistan to implement the important consensus reached by the two heads of state, deepen comprehensive mutually beneficial cooperation, and promote the construction of a Chinese-Turkmen community with a shared future," Zhao Leji said.

The Group of Friends of Neutrality was established in August 2020 at the initiative of Turkmenistan. China is one of the 18 founding members of this organization.

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A working group on parliamentary reform has been formed in Kazakhstan.

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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

Almaty, October 8 (Xinhua) — Kazakh President Kassym-Jomart Tokayev has instructed the formation of a working group on parliamentary reform as part of the implementation of the head of state's 2025 address to the people of Kazakhstan. This was reported on Wednesday by the Kazinform news agency, citing the government press service.

The working group includes representatives of the Majilis (lower house of parliament) and the Senate (upper house of parliament), the Assembly of the People of Kazakhstan, legal scholars and other experts, and members of the National Kurultai.

The address to the people of Kazakhstan, titled "Kazakhstan in the Era of Artificial Intelligence: Current Challenges and Their Solutions through Digital Transformation," was delivered on September 8. The address proposed making Kazakhstan's parliament unicameral.

According to K.-Zh. Tokayev, the reform discussion will take at least a year, after which a national referendum could be held in 2027. The necessary amendments to the Constitution could then be made.

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D. Trump asked Turkey to persuade Hamas to accept the plan for establishing peace in the Gaza Strip – R.T. Erdogan

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

ANKARA, Oct. 8 (Xinhua) — Turkish President Recep Tayyip Erdogan said U.S. President Donald Trump asked Turkey to help persuade the Palestinian Hamas movement to accept his plan to end fighting in the Gaza Strip, after which Turkish officials joined the talks to facilitate the peace process.

"Both during our visit to the United States and during our last phone conversation, we explained to Mr. Trump how a solution in Palestine could be achieved. He specifically asked us to meet with Hamas and convince them. We immediately contacted our colleagues on this matter," the semi-official Anadolu news agency quoted Erdoğan as saying on board a plane en route from Azerbaijan to Turkey on Wednesday.

R.T. Erdoğan emphasized that Hamas currently demonstrates a more constructive stance than Israel, and that similar behavior has not been observed on Israel's part. He stated that Turkey intends to work toward a solution to the Israeli-Palestinian conflict based on the principle of "two states for two peoples."

"Our priority is to ensure an immediate and comprehensive ceasefire as soon as possible. It is crucial that humanitarian aid reaches Gaza without delay or hindrance," the Turkish president noted.

As he pointed out, the Gaza Strip must remain Palestinian territory, and it is important for the Palestinians to ultimately run the administration of the enclave.

R.T. Erdogan added that questions about how security will be ensured and how any stabilization forces will be formed and operate can be considered in detail. –0–

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The number of China-Europe trains departing from or arriving at the China-SCO Demonstration Zone has exceeded 4,800.

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

BEIJING, Oct. 8 (Xinhua) — According to statistics from Qingdao Customs, since the construction of the China-SCO Demonstration Zone began in Qingdao, east China's Shandong Province, on June 10, 2018, the number of China-Europe trains departing from or arriving in the zone reached 4,814 as of August 31 this year, with an average annual growth rate of 33 percent. A total of 395,000 TEUs of import and export cargo were transported, with the total weight of these cargoes exceeding 3.31 million tons.

Currently, 22 regular international railway freight transport routes pass through the China-SCO Demonstration Zone, connecting 54 cities in 23 countries, including SCO member states and countries participating in the Belt and Road Initiative.

Jiaozhou Customs, under the jurisdiction of Qingdao Customs, has established a special service for China-Europe train customs clearance procedures, including declaration, inspection and release, to ensure the rapid customs clearance of China-Europe trains.

"In the next stage, we will continue to optimize the customs control model so that enterprises can complete the entire process with a single declaration and continue to help enterprises reduce costs and improve efficiency," said Luo Shuhong, deputy head of Jiaozhou Customs. -0-

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The President of Egypt invited Donald Trump to attend the signing ceremony of the Gaza agreement.

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

Cairo, Oct. 8 (Xinhua) — Egyptian President Abdel Fattah el-Sisi on Wednesday invited US President Donald Trump to attend a signing ceremony for an agreement to end hostilities in the Gaza Strip if ongoing talks are successful.

Speaking at a televised graduation ceremony for the Police Academy, A.F. el-Sisi addressed Trump directly, stating: “It would be truly wonderful if, if an agreement were reached, you could be present at its signing.”

“I invite President Trump to come to Egypt to participate in the signing of the agreement if it is reached,” he added.

A.F. el-Sisi's statement came amid ongoing intensive negotiations in Egypt between high-ranking delegations from the Palestinian movement Hamas and Israel, which began on October 6 and are aimed at ending the conflict in Gaza in accordance with the peace plan proposed by D. Trump.

The Egyptian president noted that the negotiations were “progressing positively” and expressed hope that all parties would seize the opportunity to end the war.

On Wednesday, the third day of indirect talks began in the Egyptian Red Sea resort town of Sharm el-Sheikh, involving the head of Egypt's General Intelligence Service, the prime minister and foreign minister of Qatar, the director of Turkey's National Intelligence Organization, an Israeli delegation, and two US envoys.

As A.F. el-Sisi emphasized, the two-year war in Gaza was extremely brutal and led to severe human suffering and destruction. According to the Egyptian President, ending the war is key to realizing the Palestinian people's aspirations for an independent state.

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The "edifice" of Russian-American relations is collapsing, according to the Russian Foreign Ministry.

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

Moscow, October 8 /Xinhua/ — The edifice of Russian-US relations is steadily crumbling, cracks have already reached its foundation, and the impetus for a Ukrainian settlement generated by the meeting of Russian and American leaders in Alaska has largely been exhausted. This was stated by Russian Deputy Foreign Minister Sergei Ryabkov on Wednesday.

"We have a certain edifice of relations that's cracked and crumbling. And the Americans are to blame for this. The cracks have now reached the foundation," Sergei Ryabkov told reporters.

According to him, the reason for the steady growth of the “graveyard of agreements” on arms control lies in the destructive line of the United States.

"The graveyard of arms control agreements is growing. This is due to the destructive policy of the United States, which, since the early 2000s, under President George W. Bush, has abandoned the principles, ideas, and approaches that for decades underpinned strategic stability and international security," the Russian Deputy Foreign Minister recalled.

S. Ryabkov warned that if any country makes the mistaken decision to conduct nuclear tests, which is detrimental to global security, Moscow will respond in kind.

"If any capital that possesses the necessary potential makes erroneous and detrimental decisions to conduct tests—and Washington, of course, is primarily the focus of our attention in this context—then we will respond in kind, and it won't be long in coming," the Russian diplomat said.

“We will not compromise our security interests under any circumstances,” he emphasized.

Touching on the Ukrainian crisis, a representative of the Russian Foreign Ministry noted that the momentum for a settlement generated at the meeting of Russian and US leaders in Alaska has largely been exhausted.

“Unfortunately, we have to admit that the powerful impetus of Anchorage in favor of agreements has been largely exhausted by the efforts of opponents and the efforts of supporters of war to the last Ukrainian, especially among Europeans,” stated S. Ryabkov. –0–

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The Russian State Duma denounced the agreement with the United States on weapons-grade plutonium.

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

Moscow, October 8 (Xinhua) — The Russian State Duma has denounced the intergovernmental agreement with the United States on plutonium disposition, as well as related treaties. This was reported by the press service of the lower house of the Russian parliament.

"The State Duma, at its plenary session, adopted a bill denunciating the Agreement between the Government of the Russian Federation and the Government of the United States of America on the Disposition, Management, and Cooperation in the Field of Plutonium, Declared No Longer Required for Defense Purposes, and a number of protocols to this Agreement," the statement reads. It is noted that the decision is aimed at preventing threats to Russia's national security.

The agreement was signed by Russia and the United States in 2000. It stipulated that the plutonium remaining after the decommissioning of warheads during the process of reducing the two countries' nuclear arsenals—a total of approximately 34 tons for each side—was to be removed from circulation and converted into a form that would make its further use impossible.

As stated in the explanatory note, the agreement and protocols were already suspended by a decree of the Russian president and a separate federal law in 2016 due to US sanctions, the adoption of the US-Ukraine Support Act, NATO's eastward expansion, and the buildup of the US military presence in Eastern European countries. The suspension of the documents was also due to the US intention to change the plutonium disposition procedure without Russia's consent.

The accompanying materials emphasize that since then, the American side has taken new anti-Russian steps, “fundamentally altering the strategic balance that existed at the time of the agreement’s conclusion and creating additional threats to strategic stability.” Therefore, the agreement and its accompanying protocols are finally denounced. –0–

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China's fiscal power increased in 2021-2025

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

BEIJING, Oct. 8 (Xinhua) — China's fiscal strength has increased during the 14th Five-Year Plan period (2021-2025), contributing to economic growth and improving people's lives, as well as containing risks and advancing reforms, Finance Minister Lan Fo'an said.

He noted that during the 14th Five-Year Plan, progress had been made in key areas, including strengthening fiscal capacity amid rising revenues and expenditures, more active fiscal macro-regulation, increasing capital investment in the well-being of the population, effectively preventing and controlling fiscal risks, deepening reforms in the fiscal and tax spheres, and expanding international financial cooperation.

FISCAL POWER

According to China's Ministry of Finance, the country's general public budget revenue is expected to reach 106 trillion yuan (about $14.93 trillion) during this period, up 19 percent from the 13th Five-Year Plan period (2016-2020).

Local fiscal capacity also grew steadily. Sixteen provincial regions recorded revenue increases of more than 20 percent in 2024 compared to 2020, with seven regions reporting revenues exceeding 500 billion yuan, two of which exceeded 1 trillion yuan, according to the data.

Government spending has reached an unprecedented level: general public budget expenditure during the 14th Five-Year Plan period is expected to exceed 136 trillion yuan, up 26 trillion yuan, or 24 percent, from that during the 13th Five-Year Plan period.

Over the past four years, the country's economy has grown by an average of 5.5 percent per year, contributing approximately 30 percent to global economic growth.

POPULATION-ORIENTED EXPENDITURE

China's fiscal policy is increasingly focused on the well-being of the population, ensuring that the benefits of China's modernization are distributed even more widely and fairly among the country's residents, Lan Fo'an emphasized.

During the 14th Five-Year Plan period, the general public budget allocation included 20.5 trillion yuan for education, 19.6 trillion yuan for social security and employment, 10.6 trillion yuan for health care, and 4 trillion yuan for housing.

Together with expenditures in other areas, fiscal investments in the welfare of the population amounted to almost 100 trillion yuan.

This year, the central budget allocated 100 billion yuan for childcare subsidies and 20 billion yuan for the gradual introduction of free preschool education in response to the concerns and needs of the people.

DEBT UNDER CONTROL

In the fourth quarter of last year, China implemented a package of measures to combat debt risks, which took effect as planned and continues to produce results, Lan Fo'an said.

As of the end of last year, China's public debt stood at 92.6 trillion yuan (about $13.04 trillion), of which 34.6 trillion yuan was central government debt, 47.5 trillion yuan was local government statutory debt, and 10.5 trillion yuan was local government hidden debt, the minister noted.

China's government debt ratio at the end of 2024 was 68.7 percent, significantly below the G20 and G7 averages, he stressed.

“The level of government debt burden is within reasonable limits, and risks are within a safe range and under control,” the minister stated.

In the next five years, China will allocate part of the quota for new local government debt in advance and take many measures to pay off hidden local government debt to better balance development and security.

WIDE OPPORTUNITIES FOR POLITICS

When asked about the next steps in fiscal macro-regulation, Lan Fo'an noted that China's fiscal policy will continue to maintain a balance between risk prevention and growth promotion, while maintaining ample room for future measures.

The underlying trend of improving China's economy will not change in the long term, providing a solid foundation for financial operations, he stressed.

Over the past years, the country has gained even more experience in the field of macroregulation, enriched its policy toolkit, and significantly expanded its capabilities in the field of counter-cyclical and inter-cyclical regulation, the minister added.

By improving risk prevention institutions and mechanisms in key areas and gradually addressing existing risks, China has become even more prepared and confident in responding to future financial challenges, Lan Fo'an said.

In summary, the head of the department emphasized that financial departments will continue to maintain the continuity and stability of policy measures, strengthen flexibility and prudence, strengthen policy reserves, and support high-quality socio-economic development through fiscal efforts. -0-

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