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flag China's 2025 fiscal report highlights progress in sustainable growth, innovation, and fiscal discipline under its 15th Five-Year Plan.

flag China released its 2025 fiscal policy implementation report, highlighting progress in the first year of the 15th Five-Year Plan with a focus on sustainable growth, innovation, and fiscal discipline. flag The report underscores targeted tax incentives, infrastructure and green technology investments, and continued international cooperation, including new partnerships with Germany. flag Officials reiterated China’s commitment to combating Islamophobia and promoting religious tolerance. flag Meanwhile, the EU maintained sanctions on Iran over its nuclear program and energy policies, and the FAO warned of global supply chain disruptions due to Persian Gulf tensions, threatening food and energy security.

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