Pharmaceutical Industry 15th Five-Year Plan Released

The Ministry of Industry and Information Technology and nine other departments recently jointly issued the "15th Five-Year Plan for Pharmaceutical Industry Development." The plan outlines that by 2030, China's biopharmaceutical R&D and application will firmly rank among the world's top tier, with innovation-driven efficiency fully unleashed and systematic breakthroughs achieved in key core technologies across critical sectors. Core competitiveness and international influence are set to substantially increase. The biopharmaceutical industry is accelerating its emergence as a national strategic pillar sector, continuously safeguarding and enhancing public health and well-being.

Postal Bureau: Express Delivery Revenue Up 7.4% in First Eight Months

According to the State Post Bureau on September 18, express delivery revenue for the first eight months of this year reached 1,028.92 billion yuan, a year-on-year increase of 7.4%. Express delivery volume totaled 134.06 billion parcels, up 4.6% year-on-year.

Housing Ministry: Real Estate Enters Stock Era

At the "Start the 15th Five-Year Plan" themed press conference held on September 18, Zhang Xuetao, Director of the Real Estate Market Supervision Department of the Ministry of Housing and Urban-Rural Development, stated in response to a reporter's question that the current real estate market is undergoing two significant shifts: first, a major transformation in the supply-demand dynamics of the housing market; second, the market has entered an era of existing housing stock. Zhang disclosed a set of data at the press conference: the proportion of second-hand home transactions nationwide rose from 27% in 2020 to 46% in 2025. In the first eight months of this year, that share climbed further to 52%, meaning the market has officially transitioned into the stock phase.

A-Share Indices Rise Across the Board

As of the market close on September 18, the Shanghai Composite Index stood at 3,911.87 points, up 0.94%; the Shenzhen Component Index closed at 13,640.87 points, up 1.72%; and the ChiNext Index settled at 3,372.68 points, up 2.25%. In terms of sector performance, new stock listings, semiconductors, and memory chips led the gains, while auto manufacturing, coal mining and processing, and soybean-related sectors recorded declines.

12306 Responds to National Day High-Speed Rail Fare Increase

In response to recent online posts about rising high-speed rail ticket prices during the National Day holiday, a customer service representative from 12306 explained that high-speed rail fares are variable rather than fixed. Daily ticket prices include discounted promotions, and factors such as region, peak versus off-peak season, and travel time influence fare adjustments. The railway authority sets specific fares for individual train services based on these factors, with flexible fluctuations applied on top of reference pricing.

Feng Lun Subject to Consumption Restriction Order

Tianyancha legal litigation records show that recently, Sanya Vantone Health Development Management Co., Ltd. received a new consumption restriction order with case number (2026) Qiong 0108 Zhi 2332. The applicant is Runhanhui (Haikou) Investment Co., Ltd., the executing court is the Meilan District People's Court of Haikou City, Hainan Province, and the restricted individual is Feng Lun. Defendant information indicates the case involves Sanya Vantone Health Development Management Co., Ltd. as the party subject to execution, with an execution amount of 425,800 yuan. This marks the second consumption restriction record under Feng Lun's name. The previous one was case (2023) Qiong 0106 Zhi 4099, also filed by Runhanhui, executed by the Longhua District People's Court of Haikou City, involving an amount of 6.9499 million yuan.

Japan Raises Interest Rates to 31-Year High

The Bank of Japan concluded its two-day monetary policy meeting on September 18, announcing a policy rate increase from 1.0% to 1.25%, bringing Japan's policy interest rate to its highest level in 31 years.

Huang Renxun Says NVIDIA Chip Sales to Double Next Year

NVIDIA CEO Jensen Huang stated on September 17 that the company's chip sales next year will double compared to this year's levels. This marks another strong growth projection recently signaled by NVIDIA. Following the announcement, NVIDIA shares rose 2.54% by the close of U.S. markets on September 17.