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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The Presidents of Kyrgyzstan and Uzbekistan expressed their readiness to deepen the comprehensive strategic partnership

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

BISHKEK, July 24 (Xinhua) — Presidents of Kyrgyzstan Sadyr Japarov and Uzbekistan Shavkat Mirziyoyev held a telephone conversation on Thursday, during which the sides expressed their readiness to continue deepening the comprehensive strategic partnership between the two countries, the press service of the Kyrgyz president reported.

As noted in the Telegram channel of the President of Kyrgyzstan, during the conversation, the heads of state discussed current issues of bilateral cooperation and “expressed mutual readiness to further deepen the comprehensive strategic partnership based on the principles of good neighborliness, mutual understanding and support.”

S. Japarov congratulated Sh. Mirziyoyev on his birthday, wishing the President of Uzbekistan “good health, longevity, inexhaustible energy and further success in state activities for the benefit of the development and prosperity of the brotherly Uzbek people.” –0–

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Nine more Chinese cities accredited as international wetland cities, China maintains world lead in number of wetlands

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

VICTORIA FALLS, ZIMBABWE, July 24 (Xinhua) — Nine more Chinese cities were accredited as international wetland cities on Thursday at the opening of the 15th meeting of the Conference of the Contracting Parties to the Ramsar Convention on Wetlands (COP15) in the Zimbabwean resort town of Victoria Falls, bringing the total number of such cities in China to 22, the highest in the world.

The newly accredited cities include Chongming in Shanghai, Dali in Yunnan Province, Fuzhou in Fujian Province, Hangzhou in Zhejiang Province, Jiujiang in Jiangxi Province, Lhasa in the Xizang Autonomous Region, Suzhou in Jiangsu Province, Wenzhou in Zhejiang Province and Yueyang in Hunan Province. –0–

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Breaking: 9 More Chinese Cities Accredited as International Wetland Cities, Maintaining World Lead in Number of Wetland Cities

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

VICTORIA FALLS, ZIMBABWE, July 24 (Xinhua) — Nine more Chinese cities were accredited as international wetland cities on Thursday during the opening of the 15th meeting of the Conference of the Parties to the Ramsar Convention on Wetlands (COP15) held in the Zimbabwean resort town of Victoria Falls, bringing the total number of such cities in China to 22, the highest in the world. -0-

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Tajikistan and Mongolia Expand Cooperation

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

ALMATY, July 24 (Xinhua) — Tajik President Emomali Rahmon and Mongolian President Ukhnaagiin Khurelsukh signed a number of cooperation documents following talks in Dushanbe, the Asia-Plus news agency reported on Thursday.

U. Khurelsukh arrived in Tajikistan on Wednesday on a state visit. As part of the visit, an economic forum of the two countries and a number of cultural events were organized.

Following the talks, the leaders of the two countries signed a Joint Statement on the further development and strengthening of friendly relations and multifaceted cooperation, as well as 10 other cooperation agreements in areas such as water resources, security, innovation and humanitarian development.

The Tajik side proposed to develop and adopt a cooperation program and a specialized roadmap for joint actions for the coming years, as well as to establish a Council of Entrepreneurs of Tajikistan and Mongolia. –0–

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Kazakhstan Increases Oil Refining to 8.8 Million Tons in January-June 2025

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

Almaty, July 24 (Xinhua) — Three leading oil refineries in Kazakhstan increased oil refining to 8.83 million tons in the first six months of 2025, which is 685 thousand tons more than in the same period of 2024, the press service of Kazakhstan's oil and gas company KazMunayGas (KMG) reported on Thursday.

According to KMG, during the reporting period, about 6.84 million tons of light oil products were produced, including gasoline, diesel and aviation fuel, which is 893 thousand tons /4.44 percent/ higher than last year's figure.

The total refining depth at the three refineries reached 89.61 percent, and the yield of light oil products was 77.53 percent. At the same time, the combustion of process fuel and the volume of irrecoverable losses were reduced by 0.78 percent, or 7,333 tons.

The modernization of the Caspi Bitum refinery was also completed in the first half of the year. The plant's capacity now allows it to process up to 1.5 million tons of oil and produce 750 thousand tons of bitumen per year. In the two months since its launch after modernization, the plant has processed over 216 thousand tons of oil and produced more than 78 thousand tons of bitumen. –0–

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CPPCC National Committee Chairman Calls on CPPCC Members to Participate in Economic Consultations

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

BEIJING, July 24 (Xinhua) — Wang Huning, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), on Thursday called on CPPCC members to actively participate in consultations on key economic issues.

Wang Huning, also a member of the Standing Committee of the Political Bureau of the CPC Central Committee, made the remarks while chairing the 39th meeting of the chairman and vice-chairmen of the 14th CPPCC National Committee.

He called on CPPCC members to focus their consultations on key areas such as planning the goals and tasks of socio-economic development for the 15th Five-Year Plan (2026-2030), developing new productive forces in line with local conditions, and building a unified national market.

Wang Huning also pointed out the importance of understanding the goals of building modern cities that are people-centered and deepening research related to key tasks of urban governance.

The meeting reviewed and approved the work report of the CPPCC National Committee for the first half of 2025, as well as the revised draft regulations on handling proposals from CPPCC National Committee members. The documents will be submitted for consideration at the 13th session of the Bureau of the 14th CPPCC National Committee.

On Thursday morning, Wang Huning also presided over the annual theoretical meeting of the chairman and vice chairmen of the CPPCC National Committee.

The CPPCC National Committee chairman said it is necessary to focus on the major tasks of the Party and the state, combining wisdom and strength.

Wang Huning called on policy consultants from various fields to deepen their research on key issues in their fields and put forward targeted and practical policy proposals. –0–

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