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Real-time News
February 15th - The Bank of England will be closely watching a series of data releases in the coming days. The bank made the difficult decision to keep interest rates unchanged due to concerns that inflation remains too high. British economic observers are facing a busy week: starting with labor market data and consumer price statistics, and ending with public finances and retail sales reports. Wednesdays inflation report will be the focus, especially as it is the last data release before the Bank of Englands next policy meeting in March, and there is significant internal disagreement on its interpretation. Meanwhile, Tuesdays employment report is also an important indicator. Evidence of a continued weakening labor market would be reassuring to officials, as it would suggest easing price pressures.Conflict Status: 1. Russian Ministry of Defense: Russian air defense systems destroyed 20 Ukrainian drones over multiple Russian locations overnight. 2. Zelensky: More than 6,000 Russian drones attacked Ukraine in January. No power plant in Ukraine escaped Russian attacks and damage. Peace Negotiations: 1. French Foreign Ministry Spokesperson: We are urging Russia to seriously participate in negotiations with Ukraine. The possibility of future contact with Russia is not ruled out. 2. Zelensky: We hope to hear some compromises from Russia. We hope the United States will continue to participate in the negotiations, and we also hope that Europe will participate more. 3. Zelensky: For Ukraine, setting a date for joining the European Union is crucial; otherwise, Russian President Putin will do everything in his power to prevent this process after the war. 4. Zelensky: The United States keeps demanding concessions from Ukraine; security guarantees should take precedence over a ceasefire agreement; a dignified end to the conflict is crucial for Ukraine. Other Status: 1. Zelensky: Give us a two-month ceasefire period, and we will hold elections. 2. Ukrainian Prime Minister: The International Monetary Fund has eased key conditions for new loans. 3. NATO Secretary General Rutte: Russias oil revenues have fallen by a third, rapidly depleting its sovereign wealth fund. 4. French Foreign Minister Barro: Some G7 members have expressed their willingness to move forward with a ban on maritime transport services for Russian oil. 5. US Secretary of State Rubio: I believe it is impossible for Russia to achieve its initial goals in the Russia-Ukraine conflict. Ending the Russia-Ukraine conflict is our inescapable responsibility, and we will not stand idly by.On February 15th, the General Office of the Heilongjiang Provincial Peoples Government issued the "Several Policy Measures of Heilongjiang Province to Support the High-Quality Development of the Biomanufacturing Industry," which mentions promoting the integrated development of the biomanufacturing industry. It encourages leading biomanufacturing enterprises to take the lead in establishing industry technology innovation alliances, industry technology research institutes, and other innovation consortia to strengthen technology spillover, industrial collaboration, and market expansion across the upstream and downstream of the industrial chain. It also guides SMEs to focus on niche areas, strengthen independent innovation, and improve their specialized production, service, and collaborative support capabilities, forming an industrial ecosystem of "leading enterprises, supporting industries, and cluster development," and accelerating the construction of the Suiyuan-Harbin-Daqing-Qiqihar National Biomanufacturing Cluster.On February 15th, the General Office of the Heilongjiang Provincial Peoples Government issued the "Several Policy Measures of Heilongjiang Province to Support the High-Quality Development of the Biomanufacturing Industry," which mentions supporting enterprises intelligent transformation and digital upgrading. It supports biomanufacturing enterprises in using technologies such as artificial intelligence, big data, cloud computing, and the Internet of Things to upgrade and improve their digital and intelligent levels. Provincial financial subsidies will be provided to enterprises that meet the requirements of enterprise technological transformation policies. For digital workshops (production lines) and smart factories that pass provincial certification, a one-time subsidy of 10% of the project contract amount (including equipment investment and digital construction costs such as industrial software purchases) will be granted, with a maximum subsidy of 2 million yuan for digital workshops (production lines) and a maximum subsidy of 10 million yuan for smart factories. Eligible enterprises will be recommended to apply for national-level excellent smart factory status.On February 15th, the General Office of the Heilongjiang Provincial Peoples Government issued the "Several Policy Measures of Heilongjiang Province to Support the High-Quality Development of the Biomanufacturing Industry." The measures include supporting biomanufacturing enterprises in collaborating with universities and research institutes to build concept verification centers and pilot-scale maturation platforms, driving interconnectivity among upstream and downstream links in the industrial chain, including R&D design, pilot-scale verification, and manufacturing. For eligible concept verification centers and pilot-scale maturation platforms in the biomanufacturing field, subsidies of up to 10 million yuan (30% of the total investment) will be provided based on performance evaluation results. For those already built and operational, subsidies of up to 5 million yuan (20% of the annual service amount provided to enterprises in the province) will be provided. For those selected as national biomanufacturing pilot-scale capacity building platforms by the Ministry of Industry and Information Technology, the subsidy will be increased by 50%. The measures also encourage technology trading activities such as synthetic biology technology development, technology transfer, technology licensing, technology consulting, and technology services. For biomanufacturing enterprises within the province that purchase scientific and technological achievements from universities, research institutes, and new R&D institutions and sign technology transfer or technology licensing contracts, and whose technology is transferred and transformed in our province, a subsidy of 20% of the actual payment amount will be granted for contracts with an actual payment amount of more than 1 million yuan, with a maximum subsidy of 2 million yuan per contract.
