Focus on Basic Education - Wang Huning Visits Tibet - Cai Qi Meets Heads of Party Schools - What Was Wang Yi's Message in Manila? - Lan Fo'an Discusses Policies to Expand Demand
Here are the key reports and articles from the People’s Daily’s from the weekend to Thursday, July 23, 2026.
Page 1: There’s a report on Xi Jinping’s instructions on the work related to basic education. These were conveyed during the National Basic Education Work Conference on Wednesday in Beijing. As per the report, Xi said that “since the 18th Party Congress, the Central Committee has treated basic education as a foundational and pioneering undertaking, and through a range of measures has driven substantial development in basic education, providing strong support for building a strong education nation.” 中共中央总书记、国家主席、中央军委主席习近平近日对基础教育工作作出重要指示指出，党的十八大以来，党中央把基础教育作为基础性、先导性工作来抓，多措并举推动基础教育实现长足发展，为建设教育强国提供了有力支撑.
“Xi Jinping stressed that on the new journey, it is necessary to take the Thought on Socialism with Chinese Characteristics for a New Era as the guide, fully implement the Party’s education policy, carry out the fundamental task of fostering virtue through education, and persist in using the Party’s innovative theories to forge souls and cultivate people, so as to nurture builders and successors of socialism who are well developed morally, intellectually, physically, aesthetically, and in terms of labour. It is necessary to follow the laws of education, implement the philosophy that health comes first, improve the quality of education and teaching, and promote the physical and mental health of students and their growth into capable talents. It is necessary to meet the people’s new expectations, advance the expansion and improvement of quality in basic education, and firmly hold the bottom line of educational equity. It is necessary to promote the spirit of educators, strengthen the development of teachers’ ethics and conduct, and cultivate a high-caliber, professional teaching workforce. Party committees and governments at all levels must earnestly shoulder their political responsibilities, optimise the allocation of educational resources, deepen comprehensive education reform, and drive schools, families, and society to work in the same direction, continually breaking new ground in the high-quality development of basic education.” 习近平强调，新征程上，要以新时代中国特色社会主义思想为指导，全面贯彻党的教育方针，落实立德树人根本任务，坚持不懈用党的创新理论铸魂育人，培养德智体美劳全面发展的社会主义建设者和接班人。要遵循教育规律，落实健康第一教育理念，提升教育教学质量，促进广大学生身心健康、成长成才。要适应人民群众新期盼，推进基础教育扩优提质，牢牢守住教育公平底线。要弘扬教育家精神，加强师德师风建设，培养造就高素质专业化教师队伍。各级党委和政府要切实扛起政治责任，优化办学资源配置，深化教育综合改革，推动学校、家庭、社会同向发力，不断开创基础教育高质量发展新局面.
Ding Xuexiang was at this conference. He called for the “effective implementation” of Xi’s instructions. In addition:
“Ding Xuexiang stressed that basic education has achieved historic accomplishments and undergone structural transformations in the new era. From these achievements, it is necessary to deeply appreciate the decisive significance of the two establishments, strengthen the four consciousnesses, enhance the Four self-confidences, and achieve the two safeguards. It is necessary to take Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era as the guide, deeply grasp the political, people-centered, and strategic attributes of education, adapt to the new circumstances of economic and social development and the people’s new expectations, and advance the high-quality development of basic education in depth. 丁薛祥强调，新时代基础教育事业取得历史性成就、发生格局性变化，要从中深刻领悟“两个确立”的决定性意义，增强“四个意识”、坚定“四个自信”、做到“两个维护”。要以习近平新时代中国特色社会主义思想为指导，深刻把握教育的政治属性、人民属性、战略属性，适应经济社会发展新形势和人民群众新期盼，深入推进基础教育高质量发展.
Ding Xuexiang pointed out that it is necessary to fully implement the Party’s educational policy, persistently use the Party’s innovative theories to forge souls and cultivate people, uphold the simultaneous advancement and integration of the five dimensions of education and promote students’ healthy growth and all-round development. It is necessary to strictly regulate student admissions and enrollment, strengthen care and support for left-behind children in rural areas and the children of migrant workers in cities, firmly safeguard the bottom line of educational equity, and promote balanced development in basic education. It is necessary to adapt to demographic changes to optimize the allocation of educational resources, and coordinate work on funding guarantees, school layout, provision of student places, and teacher allocation. It is necessary to deepen education and teaching reform centered on students’ growth, and shape new strengths in basic education by upholding fundamentals while pursuing innovation. It is necessary to strengthen collaborative and joint cultivation, hold all parties firmly to their responsibilities, give full play to the roles of schools, families, and society, and form a joint force for cultivating people. It is necessary to promote the educators’ spirit, enhance teachers’ professional competence, strengthen guarantees for teachers’ remuneration and benefits, and attract more outstanding talent to devote themselves to teaching with peace of mind. All regions, relevant departments, and schools must strengthen organizational support and, with the spirit of nailing nails, ensure that the relevant decisions and deployments of the Party Central Committee and the State Council are implemented and produce tangible results. 丁薛祥指出，要全面贯彻党的教育方针，坚持不懈用党的创新理论铸魂育人，坚持五育并举、五育融合，促进学生健康成长、全面发展。要严格招生入学管理，加强对农村留守儿童、进城务工人员子女的关心关爱，牢牢守住教育公平底线，推进基础教育均衡发展。要适应人口变化优化教育资源配置，统筹做好经费保障、学校布局、学位供给、师资调配等工作。要以学生成长为中心深化教育教学改革，守正创新塑造基础教育新优势。要进一步强化协同共育，压实各方责任，充分发挥学校、家庭、社会作用，形成育人合力。要弘扬教育家精神，提升教师专业素养，加强教师待遇保障，吸引更多优秀人才安心从教。各地区各有关部门和学校要强化组织保障，以钉钉子精神推动党中央和国务院相关决策部署落地见效.
Next, there’s a report on Wang Huning’s inspection tour to Tibet from July 19 to 22. Li Ganjie traveled with him. Wang went to Lhasa and Ngari. He visited the Lhasa Unity Park, Sera Monastery, Sexiong Square in Burang County in Ngari, Tholing Monastery in Zanda County, a xiaokang village, a health clinic, a police station and the Dianjiao village in Gar County.
The report says that he called to “thoroughly implement the guiding principles of the Fourth Plenary Session of the 20th CPC Central Committee, implement General Secretary Xi Jinping’s important expositions on Tibet work and the Party’s strategy for governing Tibet in the new era, continue to do a good job on the four major tasks of stability, development, ecology, and strengthening the borders, and strive to advance the building of a socialist modernized new Tibet during the 15th FYP period.” 他表示，要深入贯彻落实党的二十届四中全会精神，贯彻落实习近平总书记关于西藏工作的重要论述和新时代党的治藏方略，持续抓好稳定、发展、生态、强边四件大事，在“十五五”时期奋力推进社会主义现代化新西藏建设.
Wang Huning said that governing Tibet begins with stabilizing Tibet. It is necessary to fulfill the requirements of governing Tibet according to law, consolidate the foundation of social governance, and cement a political and social situation of unity and stability. Ethnic unity is the lifeline of people of all ethnic groups in our country. Drawing on the great achievements the Party has made in uniting and leading the people over the 105 years since its founding, and on the earth-shaking changes that have taken place on the snowy plateau over the 75 years since the peaceful liberation of Tibet, we must carry out publicity and education to forge a strong sense of community for the Chinese nation and advance the building of the community of the Chinese nation in tangible, perceptible, and effective ways, and deepen the creation of a national model area for ethnic unity and progress. We must ensure the implementation of the Law on Promoting Ethnic Unity and Progress, improve the capacity and level of governing ethnic affairs according to law, and imbue all development with the significance of ethnic unity and progress. In accordance with the requirements of systematically advancing the Sinicization of religion in our country and strengthening the law-based governance of religious affairs, we must continually guide Tibetan Buddhism to adapt to socialist society. We must strengthen the protection and utilization of Tibet’s historical documents, archaeological artifacts, and cultural relics, showcase the historical process of exchanges, communication, and integration among all ethnic groups, and display the breadth and splendour of Chinese civilization. We must advance the action to revitalize border areas and enrich the people in the new era, consolidate and expand the achievements of poverty alleviation, strengthen infrastructure construction in border areas, improve the production and living conditions of people in border areas, and enable people of all ethnic groups to lead happier and better lives.
王沪宁表示，治藏首先是稳藏，要落实依法治藏要求，夯实社会治理基础，巩固团结稳定的政治和社会局面。民族团结是我国各族人民的生命线，要结合建党105周年党团结带领人民取得的伟大成就，结合西藏和平解放75周年雪域高原发生的翻天覆地变化，有形有感有效开展铸牢中华民族共同体意识、推进中华民族共同体建设的宣传教育，深化全国民族团结进步模范区创建。要抓好民族团结进步促进法贯彻实施，提高依法治理民族事务能力和水平，推动所有发展赋予民族团结进步的意义。要按照系统推进我国宗教中国化、加强宗教事务治理法治化的要求，不断引导藏传佛教与社会主义社会相适应。要加强对西藏历史文献、考古实物、文化遗存等的保护利用，展现各民族交往交流交融历史进程，展现中华文明的博大灿烂。要推进新时代兴边富民行动，巩固拓展脱贫攻坚成果，加强边境地区基础设施建设，改善边境群众生产生活条件，让各族群众过上更加幸福美好的生活.
Next, there’s a report on Cai Qi’s remarks at a meeting with heads of Party schools nationwide in Beijing. The report says:
“He stressed that we must thoroughly study and implement Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, study and implement General Secretary Xi Jinping’s important expositions on the work of Party schools, further deeply comprehend the decisive significance of the two establishments, resolutely achieve the two safeguards, reinforce the principle that Party schools bear the Party’s surname, remember the original mission of Party schools, forge ahead with determination and innovation, continuously open up new horizons for Party school work in the new era, and contribute wisdom and strength to unswervingly advancing comprehensive and strict Party self-governance, building a high-quality cadre corps that is loyal, clean, and responsible, and ensuring the steady and sustained advancement of Chinese-style modernisation.” 他强调，要深入学习贯彻习近平新时代中国特色社会主义思想，学习贯彻习近平总书记关于党校工作的重要论述，进一步深刻领悟“两个确立”的决定性意义，坚决做到“两个维护”，强化党校姓党，牢记党校初心，锐意进取、开拓创新，不断开创新时代党校工作新局面，为持之以恒推进全面从严治党、建设忠诚干净担当的高素质干部队伍、推动中国式现代化行稳致远贡献智慧和力量.
“Cai Qi pointed out that since the 18th Party, the Party Central Committee with Comrade Xi Jinping at its core has attached great importance to the cause of Party schools, and General Secretary Xi Jinping has issued a series of important instructions that have pointed the direction and provided important guidance for doing Party school work well in the new era. As the Party’s schools, the main front for cadre education and training, and an important contingent on the Party’s ideological and theoretical front, Party schools must thoroughly study and implement the spirit of General Secretary Xi Jinping’s important July 1 speech, study and implement Xi Jinping Thought on Party Building, and take the lead and stay at the forefront in studying and understanding it deeply, in researching, publicizing, and interpreting it, and in applying what is learned.” 蔡奇指出，党的十八大以来，以习近平同志为核心的党中央高度重视党校事业，习近平总书记作出一系列重要指示，为做好新时代党校工作指明了方向、提供了重要遵循。党校作为党的学校、干部教育培训的主阵地、党的思想理论战线的重要方面军，要深入学习贯彻习近平总书记“七一”重要讲话精神，学习贯彻习近平党建思想，在学深悟透、研究宣传阐释和学以致用上率先示范、走在前列.
“Cai Qi emphasized the need to elevate the quality of teaching and research by focusing closely on the mission of cultivating talent and offering policy advice for the Party. Priority should be given to education in the Party’s innovative theories, adhering to the principle of integrating theory with practice, implementing differentiated instruction according to trainees’ needs, and ensuring comprehensive coverage so that everyone who should receive training does receive training. We must do a good job in education on Party spirit, strengthen training in Party-spirit knowledge and rigorous training in inner-Party political life, form working mechanisms that reflect the characteristics of Party schools and are highly effective, and help trainees strengthen their sense of Party spirit and improve their Party-spirit cultivation. Training programs should be designed around key tasks such as promoting high-quality development, strengthening social governance, and balancing development with security, with a focus on enhancing the trainees’ capacity to perform their duties. Greater efforts should also be made in theoretical research and policy consultation, with emphasis on deepening systematic and academically grounded research and interpretation of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, conducting policy research that responds to pressing practical needs, optimizing discipline development in step with the Party’s theoretical innovations and practical development, and promoting the establishment of an independent Chinese knowledge system.” 蔡奇强调，要紧扣为党育才、为党献策提高教学和科研水平。突出抓好党的创新理论教育，坚持理论联系实际，坚持分类施教，实现应训尽训全面覆盖。抓好党性教育，加强党性知识培训和严格的党内政治生活训练，形成体现党校特点、富有实效的工作机制，帮助学员增强党性观念、提高党性修养。聚焦推动高质量发展、加强社会治理、统筹发展和安全等任务设置专题，抓好履职能力培训。抓好理论研究和决策咨询，重点深化习近平新时代中国特色社会主义思想体系化学理化研究阐释，回应紧迫现实需要开展对策研究，紧跟党的理论创新进程和实践发展优化学科建设，推动构建中国自主知识体系.
Page 3: Let’s cover Wang Yi’s visit to Manila. First, Wang met with Australian Foreign Minister Penny Wong. The readout says:
“Wang Yi noted that under the joint guidance of the leaders of the two countries, China-Australia relations have been put on the right track of improvement and development, which serves the interests of the two peoples and meets the expectations of the international community. China is ready to work with Australia to enhance exchanges, build mutual trust and expand cooperation, and bring about new progress in China-Australia relations. The two sides should handle differences in the spirit of equality and respect, seek common ground while properly managing differences, and bring the bilateral relationship into a virtuous cycle of positive development, rather than being disrupted or undermined by certain prejudices. It is hoped that Australia will adhere to the principle of non-interference in internal affairs, reject double standards, and move toward each other with China to sustain the momentum of improvement in bilateral relations.
As per the Chinese readout, “Penny Wong stated that Australia values its relations with China and firmly adheres to the one-China policy and does not support ‘Taiwan independence.’ Australia is ready to work with China to deliver on the important common understandings reached by the leaders of the two countries, maintain close exchanges at all levels, advance mutually beneficial cooperation, properly handle differences and disagreements through dialogue and contact, and promote the sound and steady development of Australia-China relations. A peaceful, stable and prosperous Asia-Pacific serves the common interests of both Australia and China. Australia will support China in hosting this year’s APEC Economic Leaders’ Meeting.”
The readout of Wang’s meeting with US Secretary of State Marco Rubio says:
Wang said that “this year marks a pivotal moment for China-U.S. relations. The two heads of state successfully held a historic meeting in Beijing, establishing the positioning of building a constructive China-U.S. relationship of strategic stability, and setting out the direction in which both sides should work together. This marks important progress in the efforts of the world’s two major powers to explore a path of peaceful coexistence, serves the fundamental interests of the two peoples, and meets the shared expectations of the international community. Our responsibility now is to follow the course set by the two heads of state, eliminate interference, overcome obstacles, and ensure that the consensus reached by the leaders is translated into consensus and action across the entire governments and in all fields. Through strategic stability between China and the U.S., we should promote world peace and tranquility, and through constructive China–U.S. interaction, provide important momentum for international cooperation. Wang Yi also elaborated China’s solemn position regarding a series of recent negative words and actions by the U.S. side, calling on the U.S. to respect China’s core interests, abide by the One-China principle, effectively manage contradictions and differences, address China’s legitimate concerns, and turn this year of opportunity in China–U.S. relations into reality.” 王毅表示，今年是中美关系的“大年”。两国元首在北京成功举行历史性会晤，确定了中美建设性战略稳定关系的定位，提出了双方共同努力的方向。这是中美两个大国在探索和平共处道路上取得的重要进展，符合两国人民根本利益，符合国际社会共同期待。现在我们的责任是，沿着两国元首设定的轨道，排除干扰、克服障碍，确保将领导人的共识转化为全政府、各领域的共识和行动，以中美的战略稳定促进世界的和平安宁，以中美的建设性互动为国际合作提供重要动力。王毅还就近期美方的一系列消极言行阐明中方严正立场，要求美方尊重中国的核心利益，恪守一个中国原则，切实管控矛盾分歧，解决中方正当关切，让中美关系的机遇之年照进现实.
The two sides also exchanged views on international and regional hotspot issues. Both sides agreed that the meeting was pragmatic, positive, and constructive, and agreed to jointly implement the important consensus reached by the two heads of state, make full use of political and diplomatic channels, prepare for the next stage of high-level exchanges, and promote substantive progress in building a constructive and strategically stable China–U.S. relationship. 双方还就国际地区热点问题交换了意见。双方认为，此次会晤务实、积极、富有建设性，同意共同落实两国元首达成的重要共识，发挥政治外交渠道作用，筹备好下阶段高层交往，推动中美建设性战略稳定关系取得实质进展。
I did not find an American readout of the meeting. But here’s one point from Rubio’s press engagement, which did cover China.
“Question: Did you discuss with China, with Minister Wang Yi, the working group, or any more details of the Board of Trade, Board of Investment, any of these other ideas?
Secretary Rubio: Yes, we did. We did, and we’re moving towards implementation of that, and I think that’s one of the potential concrete deliverables that we can have before September when that visit happens. And again, those are good ideas, and they come in the aftermath of the visit we took to China earlier this year. And so we did discuss that, yes.”
Next, the readout from Wang’s meeting with Philippine Foreign Affairs Secretary Ma. Theresa Lazaro says:
“The China-Philippines relations now stand at a crossroads, and it falls to the Philippine side to make correct, rational decisions about the path ahead…Wang elaborated on China’s solemn position to the Philippine side and lodged a strong protest against the reckless conduct of Philippine personnel ramming Chinese law-enforcement vessels at Ren’ai Jiao. Wang stated that China-Philippines relations have been beset by persistent difficulties and challenges over the past few years, which is clearly in neither side’s interest and impedes the Philippines’ own development. Both sides ought to jointly uphold the hard-won peace and development in the region, yet the Philippines is moving in the opposite direction to other regional countries, turning itself into a source of disruption to regional peace and stability. Facts have proven that allowing external forces to meddle in regional affairs and deliberately hyping up maritime disputes will only reduce the Philippines to a pawn manipulated by others, Wang said, adding that any attempt at provocation backed by external countries will ultimately leave the Philippines bearing the bitter consequences of its own making. It is unfortunate that whenever China and the Philippines prepare to launch dialogue, certain forces within the Philippines, particularly those from the military and law enforcement, deliberately stir up trouble to derail dialogue progress. These parties harbor malicious intentions: rather than prioritizing the well-being of the Filipino people, they act on the instructions of external forces to advance personal interests, Wang said.”
“He emphasized that to develop China-Philippines relations, it is crucial to grasp the right direction. China has never constituted a security threat to the Philippines, nor has it ever invaded or colonized the country throughout history. It is an objective reality that the two sides have disputes over territorial claims and maritime delimitation, Wang noted, saying that China has consistently committed to managing differences and stabilizing the situation through bilateral dialogue and consultation. The Philippines, however, abandoned bilateral negotiation mechanisms, assembled an ad hoc “arbitral tribunal” urged by extraterritorial forces, and manufactured and hyped up the so-called award, which is illegal and void. China has never accepted, participated, or recognized this ‘award’ from the very outset, he said. The Philippines should immediately stop its provocative actions on maritime issues, abide by the commitments it has made to China to date, and take tangible steps to stabilize bilateral ties, Wang said.”
Next, the readout of Wang’s meeting with Indian External Affairs Minister S. Jaishankar says:
“Wang Yi said that over the past two years, President Xi Jinping and Prime Minister Modi successfully held meetings in Kazan and Tianjin; the leaders of the two countries agreed that China and India are cooperative partners rather than rivals, and development opportunities for each other rather than threats, steering China-India relations onto the right track of improvement and development. Through the joint efforts of both sides, institutional exchanges between the two countries have gradually resumed, the border areas have maintained peace and tranquility, and bilateral trade volume has reached a new high. These achievements have not come easily and should be all the more cherished. At present, the profound changes unseen in a century are accelerating in their evolution, and the world has entered a new period of turbulence and transformation. As representatives of emerging economies and important members of the Global South, China and India should base themselves on the well-being of humanity, demonstrate the responsibility of major countries, consolidate the positive momentum in bilateral relations, strengthen coordination and cooperation in international and regional affairs, and make positive contributions to advancing the process of multipolarity and the democratization of international relations. China stands ready to work with India to implement the important consensus reached by the leaders of the two countries, maintain close high-level exchanges, strengthen cooperation in areas such as economy and trade, media, and culture and people-to-people ties, properly handle sensitive issues, promote the formation of a correct mutual perception among all sectors and peoples of the two countries. On the basis of peaceful coexistence, the two sides should explore the proper way for neighboring major countries to coexist, characterized by mutual respect, mutual trust, common development, and shared prosperity, and continuously inject new momentum into China–India relations. This year and next, India and China will successively hold the rotating BRICS chairmanship. The two sides should strengthen coordination and cooperation, promote the development and growth of the Greater BRICS Cooperation mechanism, and better represent and safeguard the common interests of developing countries. China will continue to support India in successfully hosting this year’s BRICS Summit.” 王毅表示，过去两年，习近平主席同莫迪总理成功举行喀山、天津会晤，两国领导人一致认为中印是合作伙伴而非竞争对手，互为发展机遇而不是威胁，引领中印关系走上改善发展正轨。在双方共同努力下，两国机制性交往逐步恢复，边境地区保持和平安宁，双边贸易额再创新高。这些成果来之不易，应当倍加珍惜。当前百年变局加速演进，世界进入新的动荡变革期。作为新兴经济体代表和全球南方重要成员，中印应立足人类福祉，彰显大国担当，巩固双边关系向好势头，加强在国际地区事务中的协调合作，为推动多极化进程和国际关系民主化作出积极贡献。中方愿同印方落实好两国领导人重要共识，密切高层交往，加强经贸、媒体、人文等领域合作，妥善处理敏感问题，推动两国各界和人民形成正确相互认知，在和平共处基础上，探索相邻大国相互尊重、相互信任、共同发展、共同繁荣的正确相处之道，为中印关系不断注入新动能。今明两年，印中将相继担任金砖轮值主席国。双方应加强协调合作，推动“大金砖合作”机制发展壮大，更好代表和维护发展中国家共同利益。中方将继续支持印度办好今年金砖峰会.
The Chinese readout of Jaishankar’s comments is interestingly phrased and very different from the Indian EAM’s public remarks. For instance, Jaishankar said clearly that “peace and tranquility in the border areas is obviously a prerequisite for normal ties”. This finds no mention in the Chinese version. Jainshakar highlighted the importance of ensuring “fair market access”, “balanced trade”, and “predictability of supply chains”. This does not find mention in the Chinese version of the readout.
Now where does the interesting phrasing point come from? It’s this:
“The Indian side’s position on issues such as Taiwan and Tibet has not changed; it respects China’s sovereignty, has consistently advanced a positive and cooperative bilateral relationship with a forward-looking attitude, is willing to work together with the Chinese side to implement the consensus of the two countries’ leaders, strengthen high-level exchanges, make good use of bilateral mechanisms, advance pragmatic cooperation in areas such as trade and people-to-people ties, safeguard peace and stability at the border, properly handle differences, and make sustained efforts to advance the improvement and development of bilateral relations.” 印方在台湾、西藏等问题上的立场没有改变，尊重中方主权，始终以前瞻性态度推进积极与合作的双边关系，愿同中方一道落实两国领导人共识，加强高层交往，用好双边机制，推进贸易、人文等领域务实合作，维护边境和平稳定，妥善处理分歧，为推进双边关系改善发展作出持续努力.
Next, the readout of Wang’s meeting with Bangladeshi Foreign Minister Khalilur Rahman, who is also the president-elect of the 81st session of the UN General Assembly, says:
“The international community should place development at the center of the international agenda, and China supports United Nations (UN) reform moving in the right direction…Wang said Bangladeshi Prime Minister Tarique Rahman paid a successful official visit to China last month, during which the two sides’ leaders jointly announced the building of a China-Bangladesh community with a shared future in the new era, providing new strategic guidance and drawing up a new blueprint for the development of bilateral relations. As a trustworthy good neighbor and good friend of Bangladesh, China will, as always, support the Bangladeshi government in its governance efforts, Wang said, noting that China stands ready to work with Bangladesh to implement the important consensus reached by the two leaders, enhance strategic communication, deepen political mutual trust, advance high-quality Belt and Road cooperation, and promote the building of a China-Bangladesh community with a shared future in the new era to deliver more benefits to the two peoples. Wang congratulated Khalilur Rahman on his election as president of the 81st session of the UNGA, saying the world today is confronted with turbulence and that the United Nations faces serious challenges. China will firmly uphold the status and role of the United Nations, Wang said, noting that the implementation of the Sustainable Development Goals is seriously lagging, and the international community should initiate planning for post-2030 development cooperation. At the high-level meeting of the group of friends for global governance held in May this year, China put forward proposals on the direction of UN reform, Wang said, stressing that China stands ready to work with the president-elect to unleash the full potential of the United Nations.”
The readout of the China-ASEAN meeting highlights the four proposals that Wang made, along with the Chinese perspective on the South China Sea. It says:
“First, safeguard the regional environment for peace and development. Taking the 50th anniversary of the Treaty of Amity and Cooperation in Southeast Asia as an opportunity, both sides should carry forward the Asian values of peace, cooperation, openness, and inclusiveness; firmly oppose unreasonable interference by external forces; resist the creation of exclusive ‘small circles’; reject the incitement of bloc confrontation; and never allow militarism to make a comeback.
Second, strengthen regional development resilience. Both sides should uphold openness and cooperation, deepen development integration, build the China–ASEAN Free Trade Area Version 3.0, implement the Regional Comprehensive Economic Partnership to a high standard, and enhance regional food and energy security as well as supply chain stability.
Third, advance innovative and green development. Both sides should expand cooperation in emerging fields such as the digital economy, artificial intelligence, and submarine cables; explore alignment with the ASEAN Digital Economy Framework Agreement; and accelerate cooperation on climate change, clean energy, green agriculture, and the blue economy.
Fourth, remain people-centered. Both sides should advance inclusive development so that the achievements of China–ASEAN cooperation are tangible and accessible, bringing greater benefits to the peoples of all countries. China is willing to strengthen exchanges and cooperation with ASEAN in poverty reduction, public health, education, youth, think tanks, tourism, media, culture, and other fields.
Wang Yi also elaborated China’s principled position on the South China Sea. He said that the South China Sea is our common home. China and ASEAN countries have the wisdom and capability to continue handling South China Sea issues properly, ensuring that peace, stability, cooperation, and friendship remain the dominant narrative of the South China Sea. Regional countries should strictly abide by the Declaration on the Conduct of Parties in the South China Sea (DOC) while resisting attempts by external powers to fan the flames and opposing efforts by certain countries to stir up trouble over maritime issues. The leading role in safeguarding peace and stability in the South China Sea must be firmly kept in the hands of regional countries themselves. He added that there is currently an important window of opportunity for concluding the Code of Conduct in the South China Sea (COC), and all parties must seize the opportunity, eliminate interference, and strive to achieve this goal.”
一是维护地区和平发展环境。以《东南亚友好合作条约》签署50周年为契机，弘扬和平、合作、开放、包容的亚洲价值观，坚决反对外部无理干涉，抵制构建排他性“小圈子”，拒绝挑动阵营对抗，绝不允许军国主义死灰复燃。二是增强区域发展韧性。坚持开放合作、深化发展融合，建设好中国—东盟自贸区3.0版，高质量实施《区域全面经济伙伴关系协定》，增强地区粮食、能源安全和供应链稳定。三是推进创新绿色发展。拓展数字经济、人工智能、海缆等新兴领域合作，探讨对接《东盟数字经济框架协议》，加快推进应对气候变化、清洁能源、绿色农业、蓝色经济等领域合作。四是坚持以人为本。推进普惠包容发展，让中国东盟合作成果可感可及、更好造福各国人民。中方愿同东盟加强减贫、公共卫生、教育、青少年、智库、旅游、媒体、文化等各领域交流合作。王毅还阐述了中方在南海问题上的原则立场，表示南海是我们的共同家园。中国和东盟国家有智慧、有能力继续处理好南海问题，让和平、稳定、合作、友好成为南海的主流叙事。地区国家应严格恪守《南海各方行为宣言》，同时抵制域外势力煽风点火，反对个别国家借海闹事，要把维护南海和平稳定的主导权牢牢掌握在自己手中。当前我们面临达成“南海行为准则”的重要时间窗口，必须把握机遇，排除干扰，力争实现目标。
As per the Chinese readout, “all parties expressed the hope of reaching the Code of Conduct in the South China Sea as early as possible within the year and jointly maintaining peace and stability in the South China Sea.” It also says that the meeting ended with a joint statement of the China-ASEAN foreign ministers on addressing the impact of the evolving situation in the Middle East on the region and strengthening regional energy cooperation.
Wang Yi also met with Vietnamese Foreign Minister Le Hoai Trung; Xinhua’s report on that says:
Wang said: “China and Vietnam should proceed from the overall interests of their respective long-term development and effectively strengthen unity and cooperation…He noted that as socialist countries and two major developing countries, China and Vietnam must conscientiously implement the common understanding reached between the leaders of the two parties and two countries. The two sides should continue to intensify high-level exchanges, promote practical cooperation in areas such as connectivity and artificial intelligence, and jointly maintain a good situation for regional peace and development…”
In his meeting with Malaysian Foreign Minister Mohamad Hasan, Wang said (English report) that “the early conclusion of consultations on the Code of Conduct in the South China Sea (COC) would help safeguard peace and stability in the region, keep the region’s future in the hands of regional countries, and deny external actors any opportunity to meddle or cause disruption.”
He added: “Noting that both China and Malaysia are at a critical stage of development and revitalization, Wang said China stands ready to seize the opportunities with Malaysia, enhance exchanges at all levels, deepen all-round cooperation, and promote maritime exchanges and collaboration, to jointly elevate China-Malaysia relations to a higher level. Stressing that ASEAN is an important component of the multi-polarizing world and a key force in the Global South, Wang expressed the hope that Malaysia would effectively fulfill its role as the country coordinator for China-ASEAN relations, safeguard the common interests of both sides, and ensure peace and stability in East Asia.”
In his meeting with his Canadian counterpart, Wang said:
“Since the beginning of this year, China-Canada relations have continued to improve, with increasingly close exchanges at all levels and fruitful cooperation across various fields. In the first half of this year, bilateral trade volume grew by 16 percent year-on-year, with Canadian exports to China increasing by 23.3 percent in particular. Canadian agricultural products such as canola and beef have returned to the Chinese market, and Chinese electric vehicles have entered the Canadian market, providing more quality choices for the people of both countries. Facts have proven that the improvement and growth of China-Canada relations serve the common interests of both countries, are welcomed by the two peoples, and represent the right choice in line with the trend of history. China is ready to work with Canada to implement the important common understandings reached by the leaders of the two countries, prepare well for high-level exchanges in the next stage, enhance political mutual trust, expand exchanges and cooperation, strengthen coordination on multilateral affairs such as global governance and artificial intelligence, properly handle differences and sensitive issues, and continuously enrich the substance of the China-Canada new Strategic Partnership, so as to inject more certainty into a world of change and instability.”
In his meeting with Papua New Guinea’s Minister for Foreign Affairs Justin Tkatchenko, Wang said:
“China appreciates PNG for closing the Taipei economic office, adding that the decision is another key measure by the PNG government to implement the one-China principle, and will further consolidate the political foundation of the relationship between China and PNG. It also provides a model for other countries to handle issues related to Taiwan institutions, Wang said. China’s development of relations with Pacific island countries does not involve geopolitical games or seek a so-called sphere of influence, Wang said, adding that these countries have the right to independently choose their development partners and should not be interfered with by third parties.”
In his meeting with Brazilian Foreign Minister Mauro Vieira, Wang said:
It is necessary for China and Brazil to maintain strategic communication, strengthen strategic coordination, and deepen strategic cooperation…the strategic partnership between the two countries has always been at the forefront internationally, noting Brazil is an emerging economy with global influence and a representative force of the Global South. China is pleased to see Brazil play a greater role in international affairs and appreciates Brazil’s efforts to uphold justice and stand up for the rights of developing countries, he said, adding that China will continue to support Brazil in safeguarding its sovereignty, security, and development interests, and trusts that Brazil will, as always, respect and support China in upholding its core interests. China is ready to work with Brazil to implement the important consensus reached by the two heads of state, strengthen cooperation in areas such as aerospace, connectivity, and artificial intelligence, and provide greater impetus for each other’s development, Wang said. He said that China welcomes Brazil to join the World Artificial Intelligence Cooperation Organization, so as to safeguard common interests and deepen mutually beneficial cooperation in the new round of technological revolution.”
While I am covering the developments in Manila. There are some other meetings that should be noted.
First, there was a joint statement between the Quad and ASEAN foreign ministers. If I am correct, this is the first time that we are seeing such a joint declaration. It says:
“As ASEAN Comprehensive Strategic Partners, we, the Secretary of State of the United States and the Foreign Ministers of Australia, India, and Japan, met today in Manila to reaffirm our commitment to strengthening a free and open Indo-Pacific and our unwavering support for ASEAN unity and centrality. We are deeply invested in the region’s success and in cooperating with ASEAN and its member states. We discussed regional challenges and opportunities to strengthen our support for the practical implementation of the ASEAN Outlook on the Indo-Pacific (AOIP) through our shared priorities of maritime and transnational security, economic prosperity and security, critical and emerging technologies, and humanitarian assistance and emergency response. We are united in our conviction that peace and stability in the Indo-Pacific maritime domain underpin the security and prosperity of the region.”
Next, let’s look at the meeting between Jaishankar and Rubio. The American readout says: the two men “discussed recent developments in the Middle East and the Indo-Pacific. The Secretary and Minister Jaishankar discussed finalizing key defense agreements in fulfillment of commitments made between President Trump and Prime Minister Modi last year. The Secretary and Minister Jaishankar agreed on the importance of finalizing the interim trade deal, which is almost complete.”
I cannot see an Indian readout, but Jaishankar’s X account said this:
“Our meeting focused on areas which are priority for the 🇮🇳🇺🇸 Comprehensive Global Strategic Partnership, including trade & tariffs, energy, defence & security, critical minerals & artificial intelligence. We also exchanged quick perspectives on regional, global and multilateral issues of mutual interest.”
Then, there’s the American readout from the US-Japan-ROK trilateral. It says:
“Secretary of State Marco Rubio met today with ROK Foreign Minister Cho Hyun and Japanese Foreign Minister Motegi Toshimitsu on the margins of the ASEAN Foreign Ministers Meetings in Manila. The Secretary and his counterparts emphasized the importance of working with ASEAN on issues of mutual interest, including strengthening defense cooperation and maritime security, advancing energy security, combatting cyber threats, and promoting peace and stability across Southeast Asia and the broader Indo-Pacific. The Secretary and Foreign Ministers committed to intensifying joint efforts targeting transnational criminal organizations, including networks operating scam centers that defraud and endanger citizens across the region. They committed to expanding trilateral discussions on Arctic issues, recognizing the region’s growing strategic importance. They also reaffirmed commitments to defense cooperation, maritime security, and upholding freedom of navigation, and pledged continued trilateral consultations at all levels. The Secretary and Foreign Ministers reaffirmed the importance of maintaining a unified approach toward the Democratic People’s Republic of Korea (DPRK), underscoring their shared commitment to the complete denuclearization of the DPRK and continued coordination to counter DPRK cyber threats and illicit activity as well as to the immediate resolution of the abductions issue. They also emphasized the importance of maintaining peace and stability across the Taiwan Strait. The Secretary and Foreign Ministers noted with concern China’s lack of sufficient notification of their recent intercontinental ballistic missile launch into the Pacific Ocean. The Secretary and Foreign Ministers discussed next steps to implement the trilateral Memorandum of Cooperation on Small Modular Reactor Deployments in Other Countries signed in Ankara and to start deployment in the Indo-Pacific to advance energy diversification and technology cooperation. They also underscored the importance of economic security, reaffirmed shared opposition to economic coercion and the weaponization of supply chains, and committed to derisking and diversifying critical supply chains and to further trusted technology cooperation.”
Do also check out this fact sheet from the State Department on US engagement in southeast Asia.
Moving on, there’s a report informing that China has published a position paper on the country’s approach to global cyber governance in the digital intelligence era to the first meeting of the Global Mechanism on developments in the field of ICTs. Global Times has an English report on this, if you are interested.
Also on the page is a report informing that the Chinese Academy of Social Sciences has established a new Global Civilization Institute. Xinhua says that:
“the institute seeks to implement the Global Civilization Initiative, conduct interdisciplinary research on global civilizations, and accelerate the development of a Chinese intellectual system in the study of global civilizations. The institute is expected to provide intellectual support and a theoretical foundation to deepen exchanges and mutual learning among civilizations, build consensus for global cooperation, and promote the building of a community with a shared future for humanity. According to CASS, the institute will focus on key areas including new forms of human advancement, fundamental theories of civilization, the history of civilizations, comparative civilization studies, and the impact of artificial intelligence on global civilization development. It will help produce high-quality research findings with strategic, forward-looking, and practical relevance in these fields.”
Page 10: There’s an article by Minister of Finance Lan Fo’an, discussing policies aimed at expanding domestic demand. He tells us that:
“In accordance with the decisions and deployments of the Party Central Committee and the State Council, this year China has innovatively established a coordinated fiscal and financial policy toolkit to boost domestic demand. The central government has specially allocated 100 billion yuan to introduce a package of six coordinated fiscal and financial policies to promote domestic demand, advancing both consumption promotion and investment expansion in an integrated manner. This is a major innovative macroeconomic policy measure introduced by the Party Central Committee with Comrade Xi Jinping at its core, in response to new changes in the domestic and international environment and with a view to fully tapping the potential of China’s large-scale economy and accelerating the building of a new development paradigm. It is therefore of great significance.” 按照党中央、国务院决策部署，今年创新设立财政金融协同促内需政策工具，中央财政专门安排1000亿元，推出财政金融协同促内需一揽子6项政策，统筹推进促消费、扩投资. 这是以习近平同志为核心的党中央把握国内外形势新变化，着眼充分挖掘大国经济潜能、加快构建新发展格局，在宏观调控领域推出的重要创新举措，具有十分重大的意义.
In the first section, Lan outlines the policies that have been adopted. Some excerpts:
“Implementing a package of policies that coordinate fiscal and financial measures to boost domestic demand, optimizing the two interest-subsidy policies for personal consumption loans and for loans to business entities in the service sector, and combining these with other consumption-boosting policies, will both help strengthen households’ consumption capacity and help increase the supply of high-quality services, further unleashing the potential of the super-large market and enabling domestic demand to better play its role as the main driving force and stabilizing anchor.” 实施财政金融协同促内需一揽子政策，优化个人消费贷款和服务业经营主体贷款两项贴息政策，叠加其他促消费政策，既有利于增强居民消费能力，又有利于增加优质服务供给，进一步释放超大规模市场潜力，推动内需更好发挥主动力和稳定锚作用.
“Investment plays a key role in economic growth. Expanding effective investment requires both giving play to the guiding role of government investment and stimulating the vitality of various types of business entities so as to promote private investment. Private enterprises account for more than 92% of the total number of enterprises in our country, and about half of fixed-asset investment comes from private investment. Over the past two years, affected by multiple factors, private investment has declined somewhat. In the face of this situation, we have implemented a package of policies coordinating fiscal and financial measures to boost domestic demand, providing targeted support for private investment through interest subsidies on loans to small, medium, and micro enterprises, interest subsidies on equipment-upgrade loans, a special guarantee program for private investment, and a risk-sharing mechanism for private-enterprise bonds, so as to help resolve pain points and difficulties such as financial institutions being ‘unwilling to lend’, guarantee institutions ‘not daring to guarantee’, and small, medium, and micro enterprises being ‘unable to obtain loans’. This effort focuses on lowering enterprises’ financing costs and financing thresholds, and further stimulating the endogenous momentum for the development of private enterprises. Once the vitality of private investment is unleashed, social capital can be transformed into more effective supply, which in turn draws forth and creates new demand, promotes greater efficiency in the flow of factors, and smooths the domestic economic circulation.” 投资在经济增长中具有关键作用，扩大有效投资，既要发挥政府投资的引导作用，也要激发各类经营主体活力，促进民间投资。我国民营企业占企业总数的92%以上，约一半的固定资产投资来自民间投资。近两年，受多重因素影响，民间投资有所下降。面对这种情况，我们实施财政金融协同促内需一揽子政策，通过中小微企业贷款贴息、设备更新贷款贴息、民间投资专项担保计划、民营企业债券风险分担机制定向支持民间投资，推动解决金融机构“不愿贷”、担保机构“不敢担”、中小微企业“贷不到”等痛点难点问题，着力降低企业融资成本和融资门槛，进一步激发民营企业发展内生动力。民间投资的活力被激发出来，社会资本就能转化为更多有效供给，进而牵引创造新的需求，推动提升要素流动效率、畅通国内经济循环.
“Fiscal policy and monetary policy are the two principal instruments of macroeconomic regulation. They differ in functional positioning and transmission mechanisms, each possessing its own strengths and areas of emphasis. When coordinated effectively, they can fully leverage the precision of targeted fiscal policy and the flexibility of aggregate monetary policy, thereby improving the transmission efficiency and overall effectiveness of macroeconomic policy. The package of coordinated fiscal and financial policies to promote domestic demand is anchored on the shared objective of expanding domestic demand. It uses fiscal resources to leverage financial resources, while financial channels amplify the multiplier effect. Combined with coordinated industrial, investment, and consumption policies, it forms a transmission chain characterized by fiscal guidance, financial amplification, and market-based operation. This approach helps further expand the room for fiscal policy to exert its effects, improve the quality and effectiveness of financial services to the real economy, and achieve a policy outcome in which ‘1 + 1 > 2’.” 财政政策、货币政策作为宏观调控的两大政策工具，功能定位、传导机制不同，各有优势、各有侧重。两者协同配合、各展其长，能够充分发挥财政政策定向调控的精准性和货币政策总量调节的灵活性，提升宏观政策的传导效率和整体效能。财政金融协同促内需一揽子政策，锚定扩内需这一共同目标，以财政资金牵引金融资源、金融渠道放大乘数效应，叠加产业、投资、消费等多项政策协调配合，形成财政引导、金融放大、市场运作的传导链条，有利于进一步打开财政政策发力空间，提升金融服务实体经济的质效，实现“1+1＞2”的政策效果.
In the second section, he argues:
“Expanding domestic demand and strengthening the domestic macro-circulation require both effective regulation by market mechanisms and guidance and support from the government, letting the ‘invisible hand’ and the ‘visible hand’ each take its place and complement each other. In deeply implementing the package of policies coordinating fiscal and financial measures to boost domestic demand, on the one hand, the role of the government is better brought into play, i.e., fiscal authorities establish mechanisms and provide funds, departments such as industry and information technology and development and reform define lists of key areas, and financial departments provide liquidity. This helps create a favourable policy environment in which the government, banks, and guarantee institutions work together to pave the way and build bridges for market entities. On the other hand, the decisive role of the market in allocating resources is given full play, i.e., adhering to the principles of marketization and the rule of law, with consumers and business entities making their own decisions and handling banks conducting independent approvals, and making good use of the financial system’s advantages in risk control, channel operation, service responsiveness, and customer reach. This can minimize the government’s direct intervention in microeconomic activity.” 坚持有效市场和有为政府相结合。扩大国内需求、做强国内大循环，既需要市场机制有效调节，也需要政府引导支持，让“看不见的手”和“看得见的手”各就其位、相得益彰。深入实施财政金融协同促内需一揽子政策，一方面，更好发挥政府作用，财政建机制出资金，工业和信息化、发展改革等部门明确重点领域清单，金融部门提供流动性，有利于形成政府、银行、担保机构携手为经营主体铺路架桥的良好政策环境；另一方面，充分发挥市场在资源配置中的决定性作用，坚持市场化、法治化原则，由消费者和经营主体自主决策，经办银行独立审批，用好金融体系在风险控制、渠道运作、服务响应、客户触达等方面的优势，能够最大限度减少政府对微观经济活动的直接干预.
“Resolving the contradiction between strong supply and weak demand and ensuring the smooth circulation of the domestic economy requires not only efforts to release immediate demand and stabilize the macroeconomy, but also, over the longer term, a dual approach of expanding domestic demand and optimizing supply, so as to achieve a high-level dynamic balance. In deeply implementing the package of policies coordinating fiscal and financial measures to boost domestic demand, on the one hand, we must base ourselves on the present and adopt more forceful measures to continually unleash consumption potential and investment vitality. Expanding the areas supported by the interest-subsidy policies for personal consumption loans and for loans to service-sector business entities, raising the interest-subsidy ceilings, and genuinely lowering the current costs of consumers and business entities; implementing a special guarantee program for private investment, raising credit-guarantee quotas, and lowering guarantee fee rates, so as to enhance the availability of financing for business entities, especially small, medium, and micro enterprises. On the other hand, we must take a long-term view and step up support for scientific and technological innovation and the building of a modernized industrial system, so as to raise total factor productivity and continually improve the quality of supply. For example, the interest-subsidy policies for equipment-upgrade loans and for loans to small, medium, and micro enterprises not only broadly benefit traditional industries bearing on the national economy and people’s livelihood—such as transportation, water conservancy, agriculture, and manufacturing—but also actively serve emerging and future industries such as high-end equipment, biomedicine, and artificial intelligence, intensifying the cultivation of new drivers of economic growth. As another example, further expanding the coverage of the interest-subsidy policy for loans to service-sector business entities—from the original 8 areas to 11 areas including digital, green, and retail—better meets the needs of consumption upgrading among the population.” 坚持短期扩需求和长期增后劲相结合。破解供强需弱的矛盾，畅通国内经济循环，不仅要着力释放即期需求、稳定宏观经济，从长远看还必须坚持扩大内需和优化供给双管齐下，实现高水平动态平衡。深入实施财政金融协同促内需一揽子政策，一方面，要立足当前，采取更加有力的措施，持续释放消费潜力和投资活力。扩大个人消费贷款和服务业经营主体贷款贴息政策支持领域，提高贴息上限，实实在在降低消费者和经营主体当期成本；实施民间投资专项担保计划，提高授信担保额度，降低担保费率等，增强经营主体特别是中小微企业的融资可得性。另一方面，要着眼长远，加力支持科技创新、现代化产业体系建设等，提升全要素生产率，持续提升供给质量。比如，设备更新贷款贴息和中小微企业贷款贴息政策，既广泛惠及交通、水利、农业、制造业等关系国计民生的传统行业，也积极服务高端装备、生物医药、人工智能等新兴产业和未来产业，加紧培育经济增长新动能；又如，进一步扩大服务业经营主体贷款贴息政策覆盖范围，从原有8个领域拓展至包括数字、绿色、零售在内的11个领域，更好满足居民消费升级需要.
“The design of macro policy must both uphold objective-led and problem-oriented approaches, seeking the optimal solution among multiple choices, and fully consider operability, ease of implementation, and the ability to produce results. In deeply implementing the package of policies coordinating fiscal and financial measures to boost domestic demand, multiple objectives such as stabilizing growth, adjusting the structure, and benefiting people’s livelihood have been considered comprehensively; the prominent shortcomings currently constraining the growth of domestic demand have been closely targeted; efforts have been made on both consumption and investment; and policy tools such as fiscal interest subsidies, financing guarantees, and risk-sharing have been used in combination, achieving systematic integration and precise policy implementation. At the same time, focusing on what the public and enterprises need, service processes have been optimized and service methods innovated to open up the ‘last mile’ of policy implementation and enable the benefits of helping the people and assisting enterprises to reach them directly and quickly. Operational steps have been simplified, and interest-subsidy funds are being disbursed faster through methods such as ‘advance allocation plus settlement.’ The number of handling institutions has been greatly expanded, with institution types covering domestic- and foreign-funded banks, large, medium, and small financial institutions in both cities and rural areas, as well as traditional banks and new types of financial institutions such as consumer finance companies; interest-subsidy services have been further extended to county-level and rural areas, providing greater convenience for the public and enterprises to apply. Coordination and linkage with offline supermarkets and online platforms have been strengthened, bringing online consumer credit as well as credit-card installment services and auto finance into the scope of interest subsidies, giving consumers more choices.” 坚持科学设计和有效落地相结合。宏观政策设计既要坚持目标引领和问题导向，在多重选择中寻求最优解，又要充分考虑可操作、好落地、能见效。深入实施财政金融协同促内需一揽子政策，综合考虑了稳增长、调结构、惠民生等多重目标，紧盯当前制约内需增长的突出短板，坚持消费和投资两手发力，组合运用财政贴息、融资担保、风险分担等政策工具，系统集成、精准施策。同时，聚焦群众和企业所需，优化服务流程、创新服务方式，打通政策落地“最后一公里”，推动惠民助企红利直达快享。简化操作环节，通过“预拨+结算”等方式加快贴息资金到位。大幅拓展经办机构数量，推动机构类型涵盖内外资银行、城市与农村大中小金融机构，以及传统银行与消费金融公司等新型金融机构，贴息服务进一步向县域和农村地区延伸，为群众和企业申办提供更多便利。强化与线下商超、线上平台的协同联动，将网络消费信贷以及信用卡账单分期业务、汽车金融等纳入贴息范围，给予消费者更多选择.
In the final section, Lan writes:
“According to statistics, from January to June, newly-issued loans in the four relevant categories, loans to small, medium, and micro enterprises, equipment-upgrade loans, loans to service-sector business entities, and personal consumption loans—totaled more than 17 trillion yuan, a year-on-year increase of 4.6 percent. The two consumption-boosting policies benefited household consumption to the tune of about 1.31 trillion yuan, and about 99 million person-times enjoyed interest-subsidy benefits. As the various consumption-boosting policies worked in concert, consumption in areas such as culture and tourism, sporting events, and health developed at a faster pace in our country; from January to June, retail sales of services grew 5.3 percent year on year, notably faster than the growth of retail sales of goods. The four investment-boosting policies benefited private investment by a total of more than 1.24 trillion yuan, with the relevant funds directed primarily toward areas such as fixed-asset investment by small, medium, and micro enterprises, equipment purchases for advanced-manufacturing projects, and the technical upgrading and renewal of traditional-industry projects; the bank credit lines obtained by small, medium, and micro private enterprises increased substantially, and their loan-approval rates rose steadily.” 据统计，1—6月，新发放相关领域中小微企业贷款、设备更新贷款、服务业经营主体贷款、个人消费贷款4项贷款合计超17万亿元，同比增长4.6%。2项促消费政策惠及居民消费约1.31万亿元，约9900万人次享受到贴息红利。随着各项促消费政策协同发力，我国文旅、赛事、健康等消费加快发展，1—6月服务零售额同比增长5.3%，增速明显快于商品零售额。4项促投资政策共惠及民间投资超1.24万亿元，相关资金重点投向中小微企业固定资产投资、先进制造业项目设备购置、传统产业项目技改换代等领域，中小微民营企业获得银行授信额度大幅增加，获贷率稳步提升.
He then makes three points:
Strengthen multi-party linkage to ensure that policies are better implemented and take effect. Strengthen information sharing among departments, improve regularized consultation mechanisms, clarify chains of responsibility, strengthen online-offline linkage, and, for cross-departmental matters, implement parallel processing and joint review mechanisms to improve execution efficiency. Deepen central-local linkage, encourage exploration tailored to local conditions, and promote effective alignment between policies and local practice. Systematically review the experiences and problems in policy execution, simplify operational processes, compress processing timelines, and ensure that policy dividends are enjoyed broadly and quickly and reach recipients precisely and directly. Make good use of technological means such as big data to enable policies to more quickly and precisely identify, and effectively reach, eligible business entities and households. Conduct whole-process management of interest-subsidy funds to ensure their standardized and efficient use. Strengthen publicity and guidance to further raise policy awareness and reach. 强化多方联动，保障政策更好落地见效。加强部门信息共享，健全常态化会商机制，明确责任链条，强化线上线下联动，对跨部门业务实行并联并审、联合审核机制，提高执行效率。深化央地联动，鼓励因地制宜探索，推动政策与地方实践有效衔接。系统梳理政策执行中的经验和问题，简化操作流程，压缩办理时限，确保政策红利普惠快享、精准直达。用好大数据等技术手段，推动政策更快精准识别、有效触达符合条件的经营主体和居民。开展贴息资金全流程管理，确保资金规范高效使用。加强宣传引导，进一步提升政策知晓度和触达率.
Strengthen problem orientation and do a good job of policy tracking, analysis, and assessment. Carry out dynamic evaluation and analysis of policies, closely track the trends of consumption upgrading and industrial development, make timely optimizations and adjustments, and better stimulate the enthusiasm of business entities. Strengthen policy research and reserves, closely focusing on key links such as household consumption, private investment, and the optimization of supply-demand structure, and continually enrich the policy toolbox. Adhere to running the needs and expectations of enterprises and the public through the entire process of policy formulation, execution, evaluation, and optimization, and truly do good things well and get real things done. 强化问题导向，做好政策跟踪分析研判。开展政策动态评估分析，密切跟踪消费升级和产业发展态势，及时优化调整，更好激发经营主体积极性。加强政策研究储备，紧扣居民消费、民间投资、供需结构优化等关键环节，持续丰富政策工具箱。坚持把企业和群众所需所盼贯穿于政策制定、执行、评估、优化全过程，切实把好事办好、实事办实.
“Strengthen overall coordination to make fiscal and financial linkage a regular and lasting practice. Enhance the consistency and effectiveness of the orientation of macro policies, coordinate all types of economic and non-economic policies as well as existing and incremental policies, drive fiscal policy and monetary policy to exert force in the same direction and cooperate in coordination, and actively roll out policies conducive to stabilizing growth and stabilizing expectations. Give full play to the roles of policies on employment, industry, consumption, investment, and regional development, smooth the policy transmission mechanism, and improve the foresight, targeting, and effectiveness of macroeconomic regulation. Strengthen communication and collaboration among departments, and establish and improve coordinated linkage working mechanisms that are complementary in strengths, mutually connected, and effective in execution, so as to better meet the needs of economic performance and macroeconomic regulation. Strengthen expectation management, and promote a mutually reinforcing, virtuous cycle among stabilizing expectations, strengthening confidence, and stabilizing the economy.” 强化统筹协调，推动财金联动常态长效。增强宏观政策取向一致性和有效性，统筹好各类经济政策和非经济政策、存量政策和增量政策，推动财政政策与货币政策同向发力、协同配合，积极推出有利于稳增长、稳预期的政策。发挥好就业、产业、消费、投资、区域等政策作用，畅通政策传导机制，提高宏观调控的前瞻性、针对性和有效性。加强部门间沟通协作，建立健全优势互补、相互衔接、执行有力的协同联动工作机制，更好适应经济运行和宏观调控需要。强化预期管理，推动实现稳预期、强信心与稳经济的相互促进、良性循环.