Category: Translation

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In Belarus, the number of people employed in the economy increased in June 2025 — Belstat

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

MINSK, July 30 (Xinhua) — More than 4.14 million people were employed in the Belarusian economy in June 2025, the Belarusian National Statistical Committee (Belstat) reported on Monday.

According to Belstat, the number of people employed in the Belarusian economy increased by 27.6 thousand people in June. In May 2025, more than 4.12 million people were involved in the Belarusian economy. –0–

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Chinese state-owned enterprises' profits fall slightly in first half of this year

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, July 30 (Xinhua) — China's state-owned enterprises and state-held enterprises reported slight declines in both profit and revenue in the first half of 2025, data released by the Ministry of Finance showed on Tuesday.

According to the data, during the specified period, total profit decreased by 3.1 percent year-on-year to 2 trillion 182.53 billion yuan (1 US dollar is 7.1511 yuan), and total operating income decreased by 0.2 percent to 40 trillion 749.59 billion yuan.

Tax and fee revenues totaled 3 trillion 2.64 billion yuan, down 0.8 percent.

At the end of June 2025, the debt-to-asset ratio of state-owned enterprises was 65.2%.

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A strong earthquake of magnitude 7.1 occurred in Kamchatka, Russia

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

Moscow, July 30 /Xinhua/ — Seismologists recorded a strong earthquake with a magnitude of 7.1 150 kilometers from Petropavlovsk-Kamchatsky, where it was felt with a force of about 6 points, TASS reported, citing the press service of the Kamchatka branch of the Geophysical Service of the Russian Academy of Sciences.

According to published information, the epicenter of the tremor was located 149 kilometers southeast of the regional capital at a depth of 17 kilometers. The magnitude of the event was 7.1 points. In Petropavlovsk-Kamchatsky, according to preliminary estimates, the earthquake was felt with a force of 6 points. –0–

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Earthquake of magnitude 7.9 hits waters of Kamchatka Peninsula

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

BEIJING, July 30 (Xinhua) — An earthquake with a magnitude of 7.9 jolted waters east of the Kamchatka Peninsula at 7:24 a.m. Wednesday (Beijing time), the China Earthquake Networks Center (CENC) said.

The epicenter of the tremors was located at 52.40 degrees north latitude and 160.20 degrees east longitude. The hypocenter was located at a depth of 10 km, CENC reported.

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Vice Premier of the State Council of China calls on China and the US to increase cooperation and reduce misunderstandings /more details/

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

STOCKHOLM, July 29 (Xinhua) — China and the United States should continuously consolidate consensus, reduce misunderstandings, enhance cooperation, and deepen dialogue and consultation to achieve new win-win results, Chinese Vice Premier He Lifeng said in Stockholm on Tuesday.

According to him, stable, healthy and sustainable trade and economic relations between China and the United States are conducive not only to the development goals of the two countries, but also to the growth and stability of the entire world economy.

He Lifeng made these statements during a new round of China-US trade and economic talks held in Stockholm from July 28 to 29, in which Treasury Secretary Scott Bessent and US Trade Representative Jamison Greer participated on the American side.

During the talks, the two sides had a frank, in-depth and constructive exchange of views on China-US trade and economic relations, macroeconomic policies and other important topics of mutual interest.

The parties also reviewed and approved the implementation of the agreements reached following the trade negotiations in Geneva, as well as the framework agreement reached during the negotiations in London.

Based on the consensus reached during the talks, the parties will continue to promote a 90-day extension of the suspension of the 24 percent mirror tariffs of the US side and the countermeasures of the Chinese side.

As He Lifeng pointed out, the economic and trade teams of China and the United States should follow the important consensus reached by the leaders of the two countries during the telephone conversation on June 5, adhere to the principles of mutual respect, peaceful coexistence and win-win cooperation, respect each other's concerns, strengthen consensus and deepen mutual trust.

China's position on trade and economic relations with the United States is consistent, the Vice Premier of the State Council emphasized, noting that the essence of Chinese-American trade and economic relations is mutual benefit and win-win.

According to him, the parties have broad common interests and ample space for cooperation in the trade and economic sphere, cooperation between China and the United States benefits both sides, while confrontation harms both of them.

He Lifeng called on the two sides to continue to adhere to the important consensus reached by the two leaders during the phone conversation and make full use of the mechanism of China-US economic and trade consultations.

Representatives of the American side stated that stable US-Chinese trade and economic relations are of great importance for the economies of both countries and the world as a whole.

They expressed the US readiness to work with the Chinese side to further resolve differences in the trade and economic sphere through the consultation mechanism, achieve new results in the negotiations and promote further stabilization of bilateral trade and economic relations. –0–

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In Kazan, the results of the first championship in professional skills among participants of the SVO "Abilympics – 2025" were summed up

Translation. Region: Russian Federal

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

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The closing ceremony of the first championship in professional skills among participants of the special military operation "Abilympics – 2025".

The closing ceremony of the first championship in professional skills among participants of the special military operation “Abilympics – 2025” took place in Kazan.

The championship brought together representatives from 79 regions of Russia; the competition program was held in 15 competencies.

"The Russian Abilympics movement is rapidly developing, uniting all regions of the country. Over the past 10 years, the championship has become one of the most significant events in the field of inclusive vocational education, expanding its mission. As President Vladimir Putin noted, people who have chosen to serve the Fatherland, according to their preparation and desire, should take certain positions in various areas and directions. Abilympics provides such an opportunity to the participants of the SVO: 79 people from 37 regions have become winners and will take part in the final of the national championship in Moscow this fall," emphasized Deputy Prime Minister Dmitry Chernyshenko.

The top 5 regions by number of finalists included: the Republic of Tatarstan, Sverdlovsk Region, Krasnoyarsk Krai, Novosibirsk Region, and the city of Moscow.

Minister of Education Sergey Kravtsov addressed a greeting to the participants of the championship: "First of all, I would like to address each participant. Regardless of the place taken, you are all winners for us. Once again, you have shown us an example of courage, determination, demonstrating your skills, mastering new competencies. I would like to thank the head of the Republic of Tatarstan Rustam Nurgalievich Minnikhanov. Once again, we have become convinced that all of us, no matter what region we are from, what nationality we are, what faith we profess, are part of the great Russian victorious people."

State Secretary – Deputy Minister of Defense, Chairperson of the Fatherland Defenders Foundation Anna Tsivileva noted that training, retraining and employment of SVO veterans are among the foundation’s priorities. And events such as the Abilympics championship motivate the heroes of the special operation.

"The competitions that have just finished set the bar very high. It is important that our veterans were able to demonstrate their skills here and get an overview of the professions in which they will be able to realize themselves in the future. For us, this is doubly pleasant, we understand that we are going in the right direction – we are doing what our veterans demand," said Anna Tsivileva.

Chairman of the Government of the Republic of Tatarstan Rustam Minnikhanov stated that the region tried to create the most comfortable conditions for holding such a large-scale event, and expressed confidence that the championship has a great future and the number of participants will grow every year.

"I would like to express my deep respect to each of you. You are true heroes and patriots of our Fatherland. Having gone through military trials, you continue to win in peaceful life. These competitions have become a platform where fortitude, hard work and skill have acquired a new meaning," said Rustam Minnikhanov.

The championship in professional skills among participants of the special military operation "Abilympics" in 2025 is held in accordance with the instructions of the President of Russia Vladimir Putin. The organizers are the Ministry of Education of Russia and the Government of the Republic of Tatarstan with the support of the state fund "Defenders of the Fatherland". The federal operator is the Institute for the Development of Professional Education, the regional operator is the Center for the Development of Professional Competencies of the Republic of Tatarstan, the partner of the business program is the Russian Society "Knowledge".

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Requirements for electric filling station infrastructure have been approved for gas stations.

Translation. Region: Russian Federal

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

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The Chairman of the Government of the Russian Federation signed the Resolution prepared by the Ministry of Economic Development of Russia on changing the requirements for the list of minimum necessary services provided at road service facilities. From March 1, 2026, at filling stations (AZS) in the right-of-way of highways, it must be possible to use DC charging stations with a capacity of at least 44 kW for electric vehicles.

The changes will affect petrol stations located on public roads of federal, regional, inter-municipal and local significance. The resolution supplements the list of minimum necessary services provided at road service facilities, and also regulates the minimum necessary requirements for the capacity of electric vehicle chargers.

"Over the past three years, there has been a threefold increase in the number of electric vehicles in the country. At the moment, more than 67 thousand "electric trains" have already been registered. Their operation is largely limited to city streets, where the density of electric charging stations is significantly higher than on highways. One of our implemented initiatives was the adjustment of requirements for filling stations in the right-of-way of public roads. Fast charging stations with a capacity of at least 44 kW will appear at new filling stations. This will generally increase the mobility of electric vehicles, the speed of their movement over long distances, and reduce the time required to charge an electric vehicle," commented Deputy Minister of Economic Development of Russia Mikhail Kaminsky.

The work is being carried out within the framework of the implementation of the activities of the federal project “Production of Innovative Transport”, which is part of the new national project “Industrial Support of Transport Mobility”.

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Financial news: Complaints against insurers have decreased, against banks – have increased: results of the first half of 2025

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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For six months of 2025 complaints The number of complaints to the Bank of Russia from consumers of financial services and investors increased by 18.6% compared to the same period last year. A total of 182.4 thousand complaints were received.

At the same time, quarterly dynamics show a decrease in the number of complaints: in April-June of this year, it decreased by almost 7% compared to January-March.

Complaints about banks increased by 28.6%. Claims are most often related to blocking transactions, accounts and bank cards, as well as suspension of remote banking services. Banks are taking such measures to combat financial fraud.

At the same time, consumers complained almost twice as rarely about the imposition of additional services when taking out a loan.

The number of complaints against insurers has decreased by 47%. Thanks to the fact that citizens can independently clarify the value of the bonus-malus coefficient and challenge it through the website of the National Insurance Information System, template complaints have practically ceased to arrive: 80 against 10.4 thousand for the first half of 2024.

The number of complaints about microfinance organizations has increased slightly. The 3.6% increase is due to difficulties in returning funds for additional services and in obtaining credit holidays. There are fewer complaints related to new cases of imposition of additional services and credit histories.

The situation with claims against professional participants in the securities market developed in a similar way – they decreased by 19%. The smallest number of complaints related to sanctions restrictions were received against brokers (a 3.2-fold decrease) and depositories (a 2.5-fold decrease).

Complaints about non-state pension funds (NPF) increased by 17.7%. The reason is the growth of claims regarding the execution of long-term savings agreements. However, in absolute figures, there are few such complaints: 193 for more than 5.6 million concluded agreements. Complaints about disagreement with the transition from the Social Fund of Russia to NPF, as well as between NPFs, decreased by 40.3%.

Preview photo: RerF_Studio / Shutterstock / Fotodom

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Budget planning has become easier – VTB has expanded the analytics of operations in the online bank

Translation. Region: Russian Federal

Source: Mainfin Bank –

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What innovations are available to VTB Online users?

Internet services capabilities VTB expanded – the bank has added more functions to the clients’ personal account for managing personal finances. Thus, in the transactions department, users have access to:

tracking of any receipts and expenses, including transfers and cash withdrawals; control of balance dynamics; analysis of expenses by individual brands; the ability to group transactions into your own categories.

“The key innovation is the creation of personal categories that allow you to group expenses and immediately see what amounts were spent, including by transferring funds,” VTB Bank noted.

To create your own spending group, you need to select any operation and specify the category name, as well as set the color for a visual display of expenses. The function will be useful for people who want to competently analyze and effectively plan their budget.

How do customers of other banks track transactions?

The advanced functionality for tracking receipts and expenses is a unique solution in the industry. Competitors offer budget analytics using standard tools:

Sber allows you to track transactions by category, it is possible to move transactions to other groups without the ability to create your own subgroups;
T-bank also allows you to change the category of expenses, but only within the framework of a ready-made set;
Alfa-Bank allows you to change the expense category and add a transaction if the payment was made in cash.

VTB Bank offers its clients a wide range of tools for filtering and grouping transactions. Another useful feature is the availability of tips that will help increase cashback depending on the user's payment behavior. In the future, VTB plans to launch a separate large service that simplifies personal budget management – the content and details have not yet been disclosed.

12:00 07/29/2025

Source:

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IMF Raises Global Economic Growth Forecast to 3% in 2025

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

NEW YORK, July 29 (Xinhua) — The International Monetary Fund (IMF) on Tuesday raised its forecast for global economic growth in 2025 to 3 percent, up 0.2 percentage points from its April forecast, according to an updated version of the IMF's World Economic Outlook report.

According to the updated report, emerging market and developing economies are expected to grow by 4.1 percent in 2025, up 0.4 percentage points from the April forecast.

For countries with developed economies, the forecast has been revised upward from 1.4 percent to 1.5 percent.

In particular, expected economic growth figures have been raised for the US, the Eurozone, Japan, the UK, Canada, China, India, Brazil, Mexico, Saudi Arabia and Nigeria.

As noted in the document, the large-scale upward revision of the annual forecast is due to “a more active than expected advance increase in imports in anticipation of higher customs duties; lower average tariff rates in the United States than were announced in April; improved financial conditions, including due to the weakening of the US dollar; and the expansion of fiscal stimulus measures in a number of major countries.” –0–

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