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The Ministry of Economic Development of Russia has completed accepting applications for subsidizing SMEs’ costs of placing securities

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

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The Ministry of Economic Development of Russia has completed accepting applications from small and medium-sized businesses as part of the first selection for subsidizing the costs of placing securities on the stock exchange and investment platforms. The program is being implemented with the participation of the Bank of Russia and is aimed at enterprises from the real sector that demonstrate a multiplier effect for the economy as a whole.

"A total of 14 applications from 13 Russian small and medium-sized businesses were submitted to the Ministry of Economic Development of Russia for consideration during the first selection under the program. The share of small businesses that submitted applications is 70% of the total number of selection participants. The geography of the participants is Moscow, Penza, Oryol, Chelyabinsk and Nizhny Novgorod regions, the Republic of Tatarstan and Krasnodar Krai," noted Deputy Minister of Economic Development of Russia Tatyana Ilyushnikova.

Most of the applications are related to reimbursement of costs for the placement of bonds, the total nominal volume of which exceeded 1.7 billion rubles. This confirms the demand for government support measures to expand business access to the stock market.

The subsidy can be used to compensate for a number of costs:

— payment of remuneration under agreements on the organization of placement and (or) placement of an issue of shares or bonds;

— payment of remuneration under an agreement on the implementation of rating actions (in the event of assignment of a credit rating to the recipient of a subsidy or the issue of bonds);

— payment of remuneration under an agreement for the provision of services to attract investments;

— payment of remuneration for the services of the registrar under the agreement on registration of the decision to issue shares;

— payment of remuneration under an agreement for the provision of audit or legal services.

"This program allows attracting capital at all stages of enterprise development. For young and small companies, crowdfunding platforms may be the most suitable option, while for more mature companies, it may be entering the stock market. Thus, government support measures cover the entire range of business financing instruments. And the demand for them is growing: since the beginning of the year, SMEs have placed bonds worth 32.2 billion rubles on the stock market alone. We also note the development of equity financing in general, since in the current macroeconomic conditions it allows companies to attract capital without the need for regular payments, such as occurs with a loan," explained Mikhail Mamuta, member of the Board of Directors of the Bank of Russia, Head of the Service for the Protection of Consumer Rights and Ensuring the Availability of Financial Services.

Key conditions for receiving a subsidy: to be included in the SME register, to operate in priority sectors (manufacturing, transportation and storage, tourism, information and communications, scientific and technical activities, healthcare), to be a small technology company or a subject of creative industries, not to be part of a group of companies with annual revenues exceeding 2 billion rubles. The results of the first selection will be announced in early September.

The program of subsidizing SMEs' costs for the placement of securities is being implemented within the framework of the federal project "Small and Medium-Sized Entrepreneurship and Support for Individual Entrepreneurial Initiatives" of the national project "Efficient and Competitive Economy". Its goal is to assist companies in attracting financing through stock market mechanisms.

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Financial news: 08/12/2025, 15-23 (Moscow time) the values of the lower boundary of the price corridor for swap transactions and the range of interest rate risk assessment for the GLDRUB_TOM6M instrument were changed.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

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08/12/2025

15:23

In accordance with the Methodology for determining the risk parameters of the foreign exchange market and the precious metals market of Moscow Exchange PJSC by the NCC (JSC) on 12.08.2025, 15-23 (Moscow time), the values of the lower limit of the price corridor for swap transactions (up to RUB 2,320.1367) and the range of interest rate risk assessment (up to RUB 2,273.4491, equivalent to a rate of 12.27%) for the GLDRUB_TOM6M instrument were changed.

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Russia Presents Experience of Supporting Women in Digital Economy at APEC Forum

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

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Representatives of the Department of Multilateral Economic Cooperation and Special Projects of the Ministry of Economic Development of the Russian Federation took part in expert meetings and high-level events at the Asia-Pacific Economic Cooperation (APEC) forum in Seoul. The delegations discussed issues of increasing the representation of women in economic processes, prospects for developing cooperation in science, technology and innovation, as well as structural reforms to increase business activity in the region.

As part of the high-level dialogue on women's economic empowerment, the parties considered the current demographic transition and the increasing burden it places on women to care for family members. They also discussed the region's persistent wage gaps, women's access to capital, technical skills and market niches.

The Korean presidency paid special attention to the role of women in digital transformation and the development of artificial intelligence (AI) technology. “In this regard, we shared, firstly, the objectives of the national AI development strategy and the corresponding federal project, as well as an assessment of the current and projected contribution of AI to the Russian GDP,” said Deputy Director of the Department Evgeniya Drozhashchikh. “The partners responded particularly positively to the results of a survey among medium and large businesses (VK Predict and the consulting agency Prognosis. — Ed.), according to which 70% of companies are already using AI in their work.”

The Russian side presented measures to support women interested in mastering IT skills: the Women in IT project, offering free training in digital competencies; the Digital Professions and Ready for Digital initiatives, which have proven to be in demand among women on maternity leave.

“To demonstrate the real involvement of Russian women in digital transformation, we also provided several business cases from participants of the Skolkovo Foundation,” shared Evgenia Drozhashchikh.

Thus, Diana Khasanova's BRAINPHONE project provides diagnostics and monitoring of Parkinson's disease by voice based on artificial intelligence. The Third Opinion platform launched by Anna Meshcheryakova provides an intelligent video analytics service for medical institutions. Svetlana Perminova's UJIN solution allows for the formation of a building's digital infrastructure, optimizing processes and the use of energy and time resources.

During the meetings, the Russian side presented projects implemented within the framework of APEC in the field of supporting women in creative industries, satellite monitoring of climate-active substances, and development of tourism in rural areas. At the same time, current initiatives were presented to unlock the potential of AI in the creative economy, mathematical modeling for sustainable development, management of space museum complexes, and tourism education. Russia invited the meeting participants to join the 10th international competition of women's entrepreneurial initiatives APEC BEST Award.

"It is noteworthy that during the discussion we practically generated interest in the startup agenda among economies. Previously, such small technology companies were perceived as an existing phenomenon in APEC, but were never the focus of individual initiatives or plenary sessions," shared Evgeniya Drozhashchikh. "However, after the presentation of experience in supporting an effective startup ecosystem, developing legislation, a registry approach and simplified access to government support measures, establishing international ties within BRICS and the SCO, APEC partners became excited about the topic. At the next stage, we plan to formulate a conceptual note and offer Asia-Pacific countries a thematic roadmap."

Following the meeting, the delegations agreed on a joint statement reflecting common priorities for the region at the intersection of the women's agenda and the goals of sustainable, inclusive, innovative development.

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Marat Khusnullin: Financing for reconstruction of Irkutsk Aviation Plant boiler house through infrastructure bonds approved

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

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The Government Commission on Regional Development, headed by Deputy Prime Minister Marat Khusnullin, approved financing for the reconstruction of the Irkutsk Aviation Plant boiler house using infrastructure bonds in the amount of 3.8 billion rubles.

"The Russian construction industry faces ambitious tasks to ensure dynamic infrastructure development in the regions. Our comprehensive interdepartmental national project "Infrastructure for Life" is aimed at this. To achieve these goals, we use infrastructure bonds, among other things. This tool allows us to create social, road and engineering infrastructure facilities in the regions. Using infrastructure bonds, we approved financing in the amount of 3.8 billion rubles for a new project – the reconstruction of the boiler house of the branch of PJSC Yakovlev – Irkutsk Aviation Plant. The facility will service four residential complexes with a total area of 236 thousand square meters, which are planned to be built on this territory," said Marat Khusnullin.

Today, in 28 regions of Russia, thanks to the mechanism for attracting market investments, roads, utility networks, kindergartens and schools are being built, and public transport is being updated. The total volume of financing for infrastructure bond projects is 197.8 billion rubles.

"With the support of DOM.RF, infrastructure projects are being successfully implemented in various regions of the Siberian Federal District: roads, schools and other facilities are being built. Now we are expanding the geography of our work to Irkutsk. The new project has become the 55th in the DOM.RF infrastructure bond portfolio. I am confident that thanks to our instruments, financing will continue to be directed towards the implementation of new initiatives in the social, transport, housing and other spheres," commented DOM.RF Managing Director Alexander Aksakov.

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Iraq Detains 11 ISIS Militants in Operations Across Several Provinces

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

BAGHDAD, Aug. 12 (Xinhua) — Iraq's Counter-Terrorism Service has detained 11 militants of the Islamic State (IS) group in a series of operations in several provinces of the country, the agency said on Tuesday.

According to the statement from the service, its units, based on accurate intelligence, carried out a number of operations during which suspects were detained in the provinces of Nineveh, Kirkuk, Sulaymaniyah and Salah ad-Din.

In addition, anti-terrorist forces discovered and destroyed dozens of ISIS hideouts, as well as cleared and disabled several underground passages and a cave where explosives were stored.

Iraq declared victory over ISIS in 2017, but remnants of the group continue to carry out attacks on security forces and civilians in cities, deserts and remote areas. –0–

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Former Deputy Head of China's State Tobacco Monopoly Administration Sentenced to 15 Years in Prison for Bribery

Translation. Region: Russian Federal

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

ZHENGZHOU, Aug. 12 (Xinhua) — Xu Ying, former deputy head of China's State Tobacco Monopoly Administration, was sentenced to 15 years in prison on Tuesday for accepting bribes.

The sentence was handed down by the Intermediate People's Court of Anyang City, Henan Province, central China.

According to the court's verdict, Xu Ying was also fined 5 million yuan (about 700,104 US dollars) and his illegally acquired property was confiscated in favor of the state.

The court found that from 2010 to 2024, the accused, while holding various positions, abused his official powers in the interests of third parties, assisting them in matters such as issuing administrative permits, conducting business activities and personnel appointments, for which he directly or indirectly received monetary funds in the amount of more than 65 million yuan. –0–

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Terrorist attack against high-ranking officer of Russian Defense Ministry prevented — Russian FSB

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

Moscow, August 12 /Xinhua/ — The Federal Security Service (FSB) of Russia has thwarted an attempt to blow up a high-ranking officer of the Ministry of Defense, the FSB Public Relations Center reported.

According to the Russian FSB, the explosion was prepared by a 36-year-old “agent of the Ukrainian special services under the pseudonym Voron, recruited in the territory of a third country.”

The detainee received instructions from his handler via the Telegram messenger to make a homemade explosive device and hide it in a car bought with money from the Ukrainian special services. The man was going to blow up a car filled with 60 kg of explosives in the immediate vicinity of the victim. He was detained on the way to the site of the planned terrorist attack.

During interrogation, he said that he came from Ukraine to Russia in 2023 to avoid mobilization in his homeland. He later received Russian citizenship, after which Ukrainian special services contacted him.

Chairman of the National Anti-Terrorism Committee (NAC), Director of the Russian FSB Alexander Bortnikov on Tuesday noted an increase in terrorist crimes committed by people who fell under the influence of Ukrainian special services. According to the NAC, 172 terrorist acts have already been prevented in Russia this year.

“This year alone, coordinated actions by security forces have prevented 172 terrorist attacks aimed at damaging critical and social infrastructure, as well as attacks on military personnel and government officials… The threat from terrorist movements is not decreasing,” the NAC RF said in a statement. –0–

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Western media claims about China's excess capacity and heavy dependence on exports are false narratives – Chinese Ambassador to Russia

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

Moscow, Aug. 12 (Xinhua) — Some Western politicians and media outlets have recently made frequent references to China's "overcapacity," its "state subsidies to industries," and its "export dependence." These statements are typical false narratives and demonstrate double standards, Chinese Ambassador to Russia Zhang Hanhui said in an article published in the Argumenty i Fakty newspaper on Tuesday.

“Statements like ‘large export volumes mean overproduction’, ‘the competitiveness of Chinese goods in the global market is based on government subsidies’ or ‘China’s economic growth depends on exports’ are seriously misleading,” the ambassador notes.

According to him, China's capacity utilization rate is at a reasonable level, and global demand for high-quality Chinese products remains robust. From 2017 to 2023, China's manufacturing capacity utilization rate was 76.5 percent, comparable to the U.S.'s 77.2 percent.

The article notes that China, as one of the most competitive markets in the world, has formed globally competitive production and supply chains. China's industrial subsidy policy strictly complies with the rules of the World Trade Organization, focuses mainly on R&D and consumption promotion, so it is impossible to simply interpret Chinese subsidies as unfair competition and at the same time present Western subsidies as “industrial investment” or “drivers of green transformation,” the article notes.

The long-term stability and positive dynamics of the Chinese economy are ensured by a powerful domestic market: China has a market with a population of over 1.4 billion people and a middle class of over 400 million people, while the GDP per capita reaches 13 thousand US dollars. “China is experiencing the best period in terms of consumer demand growth,” Zhang Hanhui believes.

The article cites World Bank statistics, according to which in 2023, China's export share in GDP was only 19 percent, while in the Republic of Korea it was 44 percent, in Germany 43 percent, in France 34 percent, and in Japan 22 percent. This refutes the thesis about “China's dependence on exports” as frankly biased and subjective.

“Despite tariff wars, China’s development has not only not stopped, but has also achieved breakthroughs in areas such as microchips, artificial intelligence and quantum technologies,” the ambassador writes. At the same time, China has held the world lead in the production and sales of electric vehicles for 9 years in a row, and the share of solar module production exceeds 80 percent of the global total.

“The country has transformed itself from the ‘world’s factory’ into a ‘technology exporter’ and is leading an efficiency revolution, and any attempts to curb China’s progress through tariff wars and a scientific and technological blockade are ‘doomed to fail’,” the article emphasizes. –0–

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/China in Focus/ Foreign Experts Optimistic About China's Robotics Sector Prospects

Translation. Region: Russian Federal

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, Aug. 12 (Xinhua) — At the ongoing 2025 World Robot Conference (WRC) in Beijing, international experts praised China's leading role in the global robotics industry and predicted significant growth in the future.

Jeff Bernstein, president of the American Association for the Advancement of Automation, predicted further expansion of the robotics sector in China.

“China is the world’s largest consumer of traditional robots, and if the humanoid robot market develops as expected, then innovation through investment will lead to more humanoid robots,” he said.

J. Bernstein emphasized that robotics is designed to transform jobs, not take them over. In his view, robots perform routine, dirty, and dangerous tasks, allowing people to do higher-paying, safer, and more prosperous work.

The five-day conference kicked off on Friday and features forums, exhibitions, competitions and workshops to share experiences, attracting more than 200 robotics companies and enterprises from around the world. The event’s exhibition stands showcase the latest models of humanoid robots, wheeled robots, collaborative robots, four-legged and six-legged robot dogs, as well as newly developed models with embodied intelligence.

According to J. Bernstein, events like these foster collaboration, spur innovation and help bring industry stakeholders together to agree on common goals.

Massimiliano Zecca, a professor at Loughborough University in the UK, noted China’s dominance in manufacturing, calling it “clearly the largest manufacturing country in the world” with outstanding robot capabilities. He stressed that he had seen this first-hand, adding that each year WRC exhibitors introduce several new models, not just one.

Mr Zecca called for cooperation between China and the UK, stressing the need for joint efforts to develop open standards and shared data sets. In his speech on robotics in elderly care, he noted that the sector could be a testing ground for cooperation between the two countries.

Vice President of euRobotics Juha Roning called China “the largest market for robots” due to its widespread use in industry. He described China’s achievements in robotics as “miraculous”, given its advances in artificial intelligence and robotics.

He also stressed the need for greater cooperation between Europe and China in the robotics supply chain. “I think if we can work together, it will be good for everyone,” he said.

NVIDIA Vice President of Omniverse and Simulation Technologies Rev Lebaredian noted in his speech that China has critical elements to launch the next technological revolution in robotics.

China has the world's largest pool of computer science and artificial intelligence graduates, he said, and unique advantages in developing physical-world technologies that allow it to produce robots that are both cost-effective and high-performance — capabilities that other countries do not have, he said.

Moreover, China's vast manufacturing ecosystem enables not only mass production but also rapid deployment and iteration based on real-world data collection, Rev Lebaredian added.

With the main theme of “Making robots more intelligent and embodied intelligent systems smarter,” the World Conference on Robotics 2025 was jointly organized by the China Institute of Electronics and the World Robotics Cooperation Organization. -0-

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The share of young people among those detained for terrorism in Russia has reached 65 percent — NAC RF

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

Moscow, August 12 /Xinhua/ — The share of young people among those detained for terrorist crimes in Russia has reached 65 percent, Chairman of the National Anti-Terrorism Committee (NAC) of the Russian Federation and Director of the FSB Alexander Bortnikov reported on Tuesday.

“The most susceptible to involvement in terrorist activity are young people, whose share in the total number of detainees has reached 65 percent,” said A. Bortnikov at the opening of the NAC meeting, which considered issues of implementing the comprehensive plan to counter the ideology of terrorism, approved by Russian President V. Putin.

According to the head of the FSB, in 2025, there was an increase in terrorist crimes committed by persons who fell under the influence of the Ukrainian special services. There is also a steady trend of an increase in the number of terrorist attacks carried out by minors.

According to the NAC of the Russian Federation, since the beginning of the year, over 290 migrants have been detained in Russia and their preparation of 18 terrorist attacks in places of mass gatherings of people has been prevented. –0–

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