Category: Peoples Republic of China

Translation. Region: Russian Federation –

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

An important disclaimer is at the bottom of this article.

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

SHANGHAI, November 13 (Xinhua) — As of September 2025, Shanghai, China's financial hub and a magnet for foreign investment, had 1,060 regional headquarters of multinational corporations and 631 foreign-funded research and development (R&D) centers, according to the latest data from the city's Commerce Commission, released at a departmental briefing on Wednesday.

According to Zhu Min, head of the committee, the functional capabilities of these regional headquarters, including investment decision-making, R&D innovation, financial management, procurement, sales, and supply chain management, are constantly expanding.

According to Zhu Min, the headquarters form a well-developed network for global resource distribution and play an important role in strengthening Shanghai's urban potential and international influence.

He added that more than half of Shanghai's foreign-invested R&D centers focus on key industrial chains in sectors such as biomedicine, information technology, and automobile components, facilitating the pooling of global scientific and technological resources and promoting scientific, technological, and industrial development.

In the first nine months of this year, 4,764 new foreign-invested enterprises were established in Shanghai, a 5.5 percent increase year-on-year. To date, the metropolis has attracted over $370 billion in total foreign investment and is home to approximately 80,000 foreign-owned companies.

According to the committee's statistics, foreign companies account for approximately a quarter of Shanghai's gross regional product and a third of its tax revenue.

Zhu Min emphasized that Shanghai will continue to promote high-level opening-up and build an internationalized business environment that adheres to market principles and the rule of law.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

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

An important disclaimer is at the bottom of this article.

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

Almaty, November 13 (Xinhua) — The unified interbank QR payment system has been officially launched in Kazakhstan. This was reported by the Kazinform news agency on Thursday, citing Timur Suleimenov, Chairman of the National Bank of Kazakhstan (Central Bank).

The launch was announced at a press conference during the Central Asia Fintech Summit in Almaty.

Zhanar Samayeva, Chairperson of the Board of the National Payment Corporation of Kazakhstan, announced that the interbank QR code was launched in pilot mode last month. The system is already available, with six banks connected, and three more expected to join by the end of the year. The service is planned to be rolled out in all regions and at all retail outlets across the country by 2026.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

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

An important disclaimer is at the bottom of this article.

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

BEIJING, November 13 (Xinhua) — In the first ten months of 2025, China's renminbi (yuan)-denominated loans increased by 14.97 trillion yuan (about 2.11 trillion U.S. dollars), according to data released Thursday by the People's Bank of China (PBOC).

According to the PBOC, loans to households increased by 739.6 billion yuan, while loans to enterprises and government agencies increased by 13.79 trillion yuan.

At the end of October, the volume of outstanding loans stood at 270.61 trillion yuan, up 6.5 percent year-on-year.

The M2 money supply, which covers cash in circulation and all deposits, increased by 8.2 percent year-on-year to 335.13 trillion yuan by the end of October.

The M1 money supply, which includes cash in circulation, demand deposits, and funds in accounts of customers of non-bank payment institutions, amounted to 112 trillion yuan, showing an increase of 6.2 percent year-on-year.

The M0 money supply, which includes all cash in circulation, reached 13.55 trillion yuan by the end of October, up 10.6 percent year-on-year.

In the first ten months, the volume of yuan deposits in China increased by 23.32 trillion yuan, of which 11.39 trillion yuan came from household deposits.

The public finance reserve reached 437.72 trillion yuan at the end of October, up 8.5 percent year-on-year.

The increase in public financing in the first ten months was 30.9 trillion yuan, up 3.83 trillion yuan year on year. –0–

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

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

An important disclaimer is at the bottom of this article.

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

Beijing, November 13 (Xinhua) — From 2020 to 2024, courts at all levels in China completed 243,000 cases of intentional homicide and other serious violent crimes, a 6.75 percent decrease compared to the previous five-year period, according to data released by the Supreme People's Court (SPC).

According to data released at a national conference on criminal justice work held by the Supreme People's Assembly on Thursday, the number of cases involving intentional murder, robbery, kidnapping, arson, explosions, and the distribution of dangerous substances has dropped from more than 40,000 in 2015 to less than 16,000 in 2024.

During this period, Chinese people's courts completed 827,000 cases related to robbery, burglary, and theft, a 33.26 percent decrease compared to the previous five years. The number of drug-related criminal cases decreased by 58.5 percent.

Chinese courts have also stepped up their crackdown on crimes that infringe on the legitimate rights and interests of women and children, completing 2,957 cases involving the abduction and trafficking of women and children.

In accordance with Law 3967, the defendants were acquitted; serious errors in the sentences of 22 defendants in 21 cases were corrected; as a result of the review of the cases, 399 people were found not guilty.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

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

An important disclaimer is at the bottom of this article.

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

Moscow, November 13 /Xinhua/ — The average weighted price of a new passenger car in Russia as of October 2025 was 3.43 million rubles, setting a new historical record. This was reported on Thursday by the analytical agency Avtostat.

The average weighted price of a new passenger car increased by 2.2 percent compared to September 2025 and by 8 percent compared to October 2024. Experts note that over the past five years, prices for new passenger cars in the country have doubled, and for the past 15 consecutive months, the average weighted price has remained above the 3 million ruble mark.

The average weighted price of a used passenger car in Russia also hit a record high in October, reaching 1.23 million rubles. This is 2.5 percent higher than the previous month and 3 percent higher than the October 2024 level. –0–

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

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

An important disclaimer is at the bottom of this article.

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

BEIJING, Nov. 13 (Xinhua) — China's Ministry of Commerce is currently working to accelerate domestic ratification of the Protocol on Upgrading the China-ASEAN Free Trade Area to Version 3.0, and work with the Association of Southeast Asian Nations (ASEAN) to ensure its early entry into force.

At a regular ministry press conference on Thursday, Chinese Ministry of Commerce Spokesperson He Yadong noted that the signing of this protocol marks an important milestone in cooperation between China and ASEAN. It also demonstrates that the economic integration process between the two sides has expanded from traditional liberalization and facilitation of trade and investment to include emerging sectors such as digitalization, green development, standardization, and industrial and supply chains.

According to He Yadong, the new protocol will effectively promote the expansion of regional digital technology capabilities, cooperation in green industries, the interconnectivity of production and supply chains, and the alignment of standards and regulations. The protocol also aims to accelerate the integration of major intra-regional markets, production chains, and supply chains.

Chinese and ASEAN businesses are paying close attention to the enormous business opportunities presented by the protocol, He Yadong said.

He expressed hope that these enterprises will begin to actively study the new rules of the protocol and be ready to use these opportunities to benefit from them.

The Protocol on Upgrading the China-ASEAN Free Trade Area to Version 3.0 was signed on October 28 in Kuala Lumpur, Malaysia, ahead of the 28th China-ASEAN Leaders' Meeting. -0-

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

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

An important disclaimer is at the bottom of this article.

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

BEIJING, Nov. 13 (Xinhua) — China will take further steps to significantly facilitate access to its market for more high-quality products and services from more countries, the Ministry of Commerce said on Thursday.

China is detailing action plans and stepping up work on organizing and implementing 10 key thematic events as part of the "Big Market for All: Export to China" campaign, ministry spokesman He Yadong said at a regular departmental press conference.

At the same time, platforms for exchanges and the search for business partners will be created on a large scale using methods such as interfacing with regional specifications and organizing targeted procurement.

According to He Yadong, this campaign and the China International Import Expo (CIIE) complement each other and demonstrate synergistic effects. It has already created a new channel for global goods to enter the Chinese market.

This also helped achieve outstanding performance at the 8th CIIE, with deals reaching a record $83.49 billion, up 4.4 percent year-on-year.

He Yadong sincerely invited governments, trade promotion organizations, chambers of commerce and associations, and enterprises from all over the world to actively participate in the activities of the “Big Market for All: Export to China” campaign and jointly enjoy the opportunities of China's super-scale market. -0-

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

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

An important disclaimer is at the bottom of this article.

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

URUMQI, Nov. 13 (Xinhua) — Young representatives from 10 SCO countries praised the dynamic development and technological achievements of the Xinjiang Uygur Autonomous Region (XUAR, northwest China) at the 2025 SCO Youth Camp.

From November 9 to 11, 47 young people from Russia, India, Iran, and other SCO member states took part in a three-day youth exchange program. The event was aimed at strengthening mutual understanding and expanding cooperation among young people from the organization's member states.

Participants visited the Xinjiang Software Technology Park, where they learned about the latest innovations, including artificial intelligence systems for the real economy.

"It's really fun to play the board game Gomoku (five in a row) with a robot!" shared Khan-Temir Orozaliev from Kyrgyzstan, a young man who graduated from the Southwest University of Science and Technology in China. He now works in trade between the two countries. "I've been to Xinjiang several times, and my impressions only get better each time. It's not only a beautiful place, but also a region of great opportunity. Its proximity to my homeland and China's rapid technological development open up vast prospects for cooperation," he said.

After seeing an intelligent system capable of real-time multilingual translation at the Xinjiang branch of iFlytek Co., Ltd., Ruchika Sureka, co-founder of Indian company Cornerstone Technologies Ltd., commented, "Only by coming here can you understand how quickly everything is developing. In Xinjiang, you can experience a vibrant digital future."

At the Museum of Intangible Cultural Heritage of the Xinjiang Uygur Autonomous Region, participants were delighted to explore an exhibition dedicated to the cuisine, customs, and musical instruments of the region's ethnic groups.

"Xinjiang is incredibly fascinating. To truly appreciate its beauty, you have to come here in person—merely reading media coverage isn't enough," shared Darya Gaiduk from Belarus. "Even though our trip lasted only three days and we didn't have time to see other places, I've already developed a strong interest in the region. I hope to return in the future and explore it further."

The event also included a seminar on youth entrepreneurship, where participants discussed the opportunities and challenges for startups, as well as cooperation in this area within the SCO. Projects in areas such as the digital economy, engineering, ecology, and art were also presented.

The SCO Youth Camp, held since 2016, is a landmark project in the field of youth interaction within the organization. The theme of the 2025 camp is "Improving the digital skills of young people to create new drivers for SCO development."

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

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

An important disclaimer is at the bottom of this article.

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

Tbilisi, November 13 (Xinhua) — Following a three-day search and rescue operation conducted jointly by relevant agencies of Georgia and Turkey, the bodies of all 20 people on board were recovered at the crash site of a Turkish military aircraft in Georgia's Sighnaghi Municipality. The Georgian Ministry of Internal Affairs reported on Thursday.

According to the country's Minister of Internal Affairs, Geka Geladze, 19 bodies were delivered to the morgue yesterday, and another body was found on Thursday morning.

"Forensic experts and the investigative team continue to work at the scene. All technical equipment and aircraft fragments relevant to the investigation have been recovered and submitted for examination," the minister noted.

According to him, more than a thousand people participated in the rescue and investigation efforts, including personnel from the Georgian Ministry of Internal Affairs and Defense Forces, as well as representatives of Turkish agencies. Authorities from both countries are continuing a joint investigation into the circumstances of the incident.

According to available information, a Turkish military plane en route from Azerbaijan to Turkey crashed on Tuesday in the Sighnaghi municipality, approximately 5 km from the Georgian-Azerbaijani border. –0–

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

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

An important disclaimer is at the bottom of this article.

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

NEW YORK, November 13 (Xinhua) — The U.S. Mint on Wednesday stopped producing pennies after 232 years in circulation.

During a ceremony at the Philadelphia Mint, U.S. Treasurer Brandon Beach struck the final one-cent coins, officially ending their production.

Rising production costs and changing consumer habits have made penny production unprofitable. The cost of producing a penny has risen from 1.42 cents to 3.69 cents over the past 10 years, according to the U.S. Mint.

Earlier this year, US President Donald Trump ordered the Treasury Department to stop the "wasteful" minting of pennies.

Eliminating penny production is estimated to save the U.S. Mint about $56 million a year, Beach said.

The penny was first issued in the United States in 1793, a year after the Coinage Act was passed. –0–

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.