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Real-time News
On April 15th, the Fujian Provincial Drug Administration released a draft of "Several Measures to Support the High-Quality Development of the Cosmetics Industry (Draft for Public Comment)" for public comment. The draft mentions promoting cross-strait integration and development. It strengthens support for Taiwanese-invested cosmetics companies, including key product R&D, production workshop construction, and production quality system improvement projects in the Provincial Drug Administrations annual key development projects ledger. It also provides interpretation of regulatory policies and guidance on administrative application, fully supporting the development of Taiwanese-invested enterprises in Fujian. Furthermore, it seeks new support policies from the National Medical Products Administration for Fujian Province to promote the deep integration of the Fujian-Taiwan cosmetics industry development.April 15th - Due to uncertainty surrounding the Middle East situation, market expectations for a Bank of Japan (BOJ) interest rate hike in April are weakening. However, Sumitomo Mitsui Banking Corporation (SMBC) expects the BOJ to raise interest rates to 1% this month. The institution believes that a 1% rate is still slightly below the BOJs projected neutral interest rate range—a level that is neither restrictive nor stimulative, neither contractionary nor expansionary for the economy. If the rate hike is delayed, it will be difficult to justify given that inflation is already trending downwards. It is anticipated that Japans inflation rate will further decline as food price growth slows.April 15th - According to the National Railway Administration, in the first quarter, the national railway system completed 1.133 billion passenger trips, a year-on-year increase of 5.5%; and 414.683 billion passenger-kilometers of passenger turnover, a year-on-year increase of 3.2%. In March, the system completed 376 million passenger trips, a year-on-year increase of 11.7%; and 130.582 billion passenger-kilometers of passenger turnover, a year-on-year increase of 16.5%.April 15th - According to incomplete statistics from the China Index Academy, the quarterly issuance of special bonds for land reserves exceeded 140 billion yuan from the second to the fourth quarter of 2025, with 198.2 billion yuan issued in the fourth quarter, accounting for 71.3% of real estate-related bonds and over 20% of newly issued special bonds in the same period. In the first quarter of 2026, the issuance of special bonds for land reserves slowed slightly, with a cumulative issuance of approximately 91.8 billion yuan, and its share in real estate-related bonds fell back to 40.8%.The Middle East wars have halved Nissans sales in the region.
