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Real-time News
On August 19, the State Council Taiwan Affairs Office held a regular press conference. A reporter asked: According to Taiwanese media reports, relevant parties in Taiwan are calling for the restoration of more direct flights between the two sides of the Taiwan Strait. Is the spokesperson aware of the relevant progress? Spokesperson Zhu Fenglian stated that the efforts of relevant parties and enthusiastic individuals in Taiwan to advocate for the restoration of more direct flights between the two sides fully reflect the shared desire of compatriots on both sides of the Strait to fully restore the normalization of direct air passenger flights. However, it is understood that the Taiwan Civil Aviation Authority rejected the charter flight application on the grounds that it was not within the scope of holiday charter flights. The DPP authorities should face up to the realistic demand for direct air passenger flights between the two sides of the Strait, follow the will of the people, and remove the unreasonable restrictions on cross-strait air transport as soon as possible.On August 19th, the Shanghai Municipal Science and Technology Commission issued the "15th Five-Year Plan for the Development of Shanghai Zhangjiang High-Tech Industrial Development Zone." The plan proposes to improve the science and technology investment and financing system, strengthen the functions of the professional angel investment service platform, and optimize the early-stage investment ecosystem. It also aims to improve venture capital exit channels, vigorously develop private equity secondary market funds (S funds) and M&A funds, support the creation of an equity investment cluster, support qualified high-quality technology companies to list on the Science and Technology Innovation Board (STAR Market), encourage enterprises to utilize the pilot policy of M&A loans to implement supply chain M&A, and make good use of structural monetary policies such as re-lending for technological innovation and technological transformation. Furthermore, it encourages technology companies to issue innovation and entrepreneurship corporate bonds and investment institutions to issue technology innovation bonds. The plan also promotes the construction of a demonstration area for the integration of finance and technology industries, and encourages private capital, foreign capital, and other social capital to participate in park construction and industrial innovation.Reserve Bank of Australia Deputy Governor Hauser: The economy will not face a recession, only a slowdown.Reserve Bank of Australia Deputy Governor Hauser: Concerned about inflation, with increased upside risks to inflation.Reserve Bank of Australia Deputy Governor Hauser: Monetary policy needs to reduce inflation, which requires reducing demand in the economy.
