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On July 25th, the State Internet Information Office released its latest "National Informatization Development Report (2025)," which shows that by 2025, the added value of my countrys core digital economy industries will account for over 10.5% of GDP, with digital industry revenue reaching 39.6 trillion yuan, a year-on-year increase of 8.8%. The scale of digital consumption by Chinese residents will reach 25.3 trillion yuan, a year-on-year increase of 8.7%. Meanwhile, my countrys network infrastructure will be upgraded. By the end of 2025, the total number of 5G base stations in my country will reach 4.838 million, with two-thirds of prefecture-level cities reaching gigabit city standards. The number of active IPv6 users will reach 869 million.On July 25th, according to Ctrips official WeChat account, the State Administration for Market Regulation (SAMR) issued an administrative penalty decision against Ctrip Group and put forward relevant rectification requirements. Ctrip fully accepts and resolutely complies with these requirements and will strictly implement all rectification measures. This penalty serves as a profound wake-up call and lesson for Ctrip. Under the guidance and supervision of the SAMR, Ctrip will earnestly fulfill its platform responsibilities, proactively respond to concerns from all parties, and has already formulated a relevant rectification plan, willingly accepting public supervision. Ctrip Group announced nineteen rectification measures in five areas: immediately ceasing exclusive cooperation practices and protecting hotel operators autonomy; ceasing unreasonable "lowest price across the entire network" demands and protecting hotel operators pricing autonomy; safeguarding the legitimate rights and interests of hotel operators, continuously listening to merchants opinions and demands, and constantly optimizing the business environment for merchants; strengthening consumer rights protection and continuously improving service guarantee levels; and strengthening compliance construction and establishing a sound long-term mechanism.On July 25th, Austrian Minister for Europe, Integration and Family Affairs, Claudia Bauer, stated in an interview that she opposes a "fast track" for Ukraines EU accession, arguing that Ukraines accession must follow normal procedures. Bauer stated that Ukraines agricultural structure differs significantly from that of existing EU member states, and its accession would have a major impact on the EU, thus requiring careful consideration. She also stated that all countries applying for EU membership should follow the same rules and meet the accession requirements through reforms and practical performance.Emergency services say the Russian attack on Komme, Ukraine, has killed three people.According to Al Jazeera: Israeli forces launched a raid on Tubas in the West Bank. Israeli soldiers drove numerous military vehicles into the city, and infantry units were deployed across several city blocks, conducting large-scale searches of residential areas. Israeli forces withdrew from the city after nearly three hours; no arrests have been reported so far.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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