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MOFCOM and six other ministries' general offices have issued a notice launching a special rectification campaign to crack down on illegal collection and Dismantling of scrapped motor vehicles in China.

2026-06-24

MOFCOM and six other ministries' general offices have issued a notice launching a special rectification campaign to crack down on illegal collection and Dismantling of scrapped motor vehicles in China.

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2026-06-23

Hungary central bank governor says a stronger forint has curbed price growth.

Hungary central bank governor says a stronger forint has curbed price growth.
2026-06-23

China presented its 2025 central government final accounts to the NPC Standing Committee, saying fiscal performance was broadly sound and fiscal policy more active to stabilize growth. Central general public budget revenue was 9.40 tln yuan, 96.9% of

China presented its 2025 central government final accounts to the NPC Standing Committee, saying fiscal performance was broadly sound and fiscal policy more active to stabilize growth. Central general public budget revenue was 9.40 tln yuan, 96.9% of budget; including related transfers total revenue was 9.74 tln yuan. Central general public budget expenditure was 14.49 tln yuan, 98.2% of budget; with a supplement from the central budget stabilization fund total spending was 14.60 tln yuan. Through end-May Beijing issued 6.41 tln yuan of sovereign bonds and 1.83 tln yuan of new local government bonds; central-to-local transfer payments of 9.21 tln yuan have been allocated. Authorities said fiscal receipts and outlays were broadly stable through May with key areas funded, and pledged targeted, more active fiscal measures, tighter budget execution, optimized spending structure, steps to boost domestic demand, support livelihoods and stabilize local finances.
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