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Real-time News
Philippine Central Bank Governor: There is still room for policy action.Philippine Central Bank Governor: Hopefully we wont need to raise interest rates again. Todays rate hike was a precautionary measure.On August 27th, it was learned that, in order to strengthen the management of accreditation for jewelry testing and inspection institutions, standardize the accreditation review conditions and requirements, and improve the capabilities of these institutions, the State Administration for Market Regulation has drafted the "Supplementary Requirements for Accreditation Review of Jewelry Testing and Inspection Institutions (Draft for Public Comment)," and is soliciting public opinions. The deadline for feedback is September 19, 2026. The draft consists of ten chapters and twenty-five articles, constructing a comprehensive governance system encompassing "accreditation access + process traceability + result supervision" from ten dimensions: legal status, personnel qualifications, facilities, information systems, equipment, management systems, testing and inspection capabilities, and reporting standards. This aims to impose strict regulatory oversight on jewelry testing, strengthen comprehensive supervision, and ensure the authenticity, accuracy, and traceability of testing data.On August 27th, Lu Haiqi, Director of the Institute of Statistical Science at the National Bureau of Statistics, interpreted the 2025 New Momentum Index for my countrys Economic Development. Calculations show that the Transformation and Upgrading Index will reach 156.8 in 2025, a 22.7% increase over the previous year. The added value of strategic emerging industries maintained rapid growth; the added value of high-tech manufacturing increased by 9.4% year-on-year, 3.5 percentage points faster than the growth rate of added value of industries above designated size, and its share of added value of industries above designated size increased to 17.1%; the added value of digital product manufacturing increased by 9.3%, accounting for 12.5% of the added value of industries above designated size; the share of non-fossil energy in total energy consumption increased by about 2 percentage points year-on-year; and the export scale of the "new three" products—electric vehicles, photovoltaic products, and lithium batteries—approached 1.3 trillion yuan, a 27.1% increase, of which electric vehicle exports reached 3.93 million units, a 73.1% increase.Russian Chief of the General Staff: The Russian army is advancing rapidly in all directions.
