Group 1 - The South Korean government has announced a "New Government Economic Growth Strategy" focusing on three major areas: advanced materials and components, climate energy future response, and revitalization of the K (Korean) industry, with a total of 15 innovative projects planned [1] - A national growth fund exceeding 100 trillion KRW is proposed to support strategic industries such as AI and small to medium-sized enterprises [1] - In the advanced sector, the government aims to increase the domestic production share of SiC power semiconductors from below 5% to 10% by 2030, and the technology self-sufficiency rate from 10% to 20% [1] Group 2 - The K industry aims to boost exports of K cultural products from 13.2 billion USD in 2022 to 25 billion USD by 2030, with a goal for small to medium-sized beauty enterprises to achieve 10 billion USD in exports [1] - In the biopharmaceutical sector, plans include the development of four new drug candidates and the cultivation of three global pharmaceutical companies [1] Group 3 - In the energy sector, the government plans to advance the standard design certification for Korean small modular reactors (SMR) by 2028 and establish regional bases [1] - The green hydrogen project will be expanded, with the goal of constructing the "West Coast Energy Highway" by 2030 [1] - In agriculture and fisheries, AI smart farming trials will be initiated, along with the development of 10-centimeter-level ultra-high-definition satellites [1]

Group 1 - The overall economic operation of small and medium-sized enterprises (SMEs) in China has remained stable in the first half of the year, with key economic indicators showing growth [3] - The added value of industrial SMEs above designated size increased by 8.0% year-on-year in the first half of the year [3] - The "little giant" enterprises, which are specialized and innovative SMEs, saw an added value growth of 8.6% year-on-year [3] - Over 80% of newly listed companies on the A-share market are specialized and innovative SMEs [3] Group 2 - The 15th National Games will be held in the Guangdong-Hong Kong-Macao Greater Bay Area from November 9 to 21, 2025, with various celebratory activities taking place [4]

Core Viewpoint - Recent financial policies introduced by regulatory authorities signal strong support for stabilizing the market and expectations, with a focus on increasing funding to the real economy and enhancing credit support for small and medium-sized enterprises [1] Financial Policy Measures - The People's Bank of China has reduced the reserve requirement ratio by 0.5 percentage points, lowered the policy interest rate by 0.1 percentage points, and decreased the rates on structural monetary policy tools by 0.25 percentage points [1] - These measures aim to expand the scale of funds directed by financial institutions to the real economy, reduce financing costs for enterprises, and improve the stability of their production and operations [1]