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Welcome to our booth 6K55 in Germany.

Zhejiang lanhine medical products ltd will attend the East China Import and Export Fair. Welcome to our booth. E7 H11-H12

Zhejiang lanhine medical products ltd will attend the East China Import and Export Fair. Welcome to our booth. E7 H11-H12

No.1 The Philippines meets RWLIANCE ROUTED MOUXIE Category B and C medical devices On September 27, 2022, the Philippine Food and Drug Administration issued Circular No. 2022-008 announcing that Class B, C, and D medical devices approved by members of the Association of Southeast Asian Nations will be eligible for Reliance Route registration, thus expediting review and accelerating market access. Asean members include Singapore, Thailand, Vietnam, Indonesia, Brunei, Cambodia, Laos, Malaysia, Myanmar and the Philippines. As stated in AO 2018-0002, these products are currently required to be approved by the manufacturer of the medical device Registration certificate for use in the ASEAN reference countries using the Common Submission Document (CSDT). In addition, the manufacturer must prove that the device itself is consistent with the documents previously submitted, otherwise it will not be eligible for registration with the Philippine Food and Drug Administration. The extension of all equipment review processes will allow thirty business days after receipt of proof of payment from the Center for Equipment Regulation and Radiological Health and Research (CDRRHR). This significantly reduces the previous review time of one hundred and eighty (180) business days or more. No.2 How to use RELIANCE ROUTE When submitting technical documentation required by the Philippine Food and Drug Administration, the applicant must work with an authorized representative in the Philippines to submit the appropriate documentation. These documents include: The technical documents to be prepared in the Common Submission Template (CSDT) format for the ASEAN reference country's product registration certificate, compliance assessment, certification product details, all technical requirements and labelling materials are exactly the same as those submitted in the ASEAN reference country. If these guidelines are not properly followed and the product details are not changed with authorization, the applicant must voluntarily recall the product from the market and indemnify the FDA against third-party claims for discrepancies in the product details. While the Philippine Food and Drug Administration will strictly review and enforce these regulations, it aims to provide more rapid review and easier market access for medical devices in the Philippines. No.3 Philippines fast entry to market choice Manufacturers who wish to take advantage of this new Reliance route offer many different options depending on their regional strategy. Although many manufacturers will register in Singapore, if the Philippines is a key market and speeding up market access is a priority, it is better to register in Indonesia or Vietnam first so that their Reliance route application can be submitted to the Philippines in one or two months, saving up to six months. Manufacturers looking for quick access to the Philippine market can also leverage through the new Reliance route from the following options: ①．Indonesia is currently the best choice for all products, as devices approved by the Indonesian Ministry of Health are approved for reference country Class B and C within 30 days and Class D within 45 days. ②. Singapore: Instant Registration Route: Category B products with 2 reference country approvals or 1 reference country approval and 3 years of safety marketing history will be immediately approved by the Singapore HSA. Very few Category B products in the Philippines currently require CMDR. Vietnam approves Category A and B products within 5 days, while Category C and D products should be approved by the reference country within 30 days. However, Vietnam's Ministry of Health has not issued any C or D market authorization licenses since the implementation of the new regulations on January 1, 2022.

Vietnam's medical industry is growing rapidly along with the country's booming economy, and the country of nearly 100 million people is set to upgrade its medical infrastructure over the next decade. For now, Vietnam still relies on imported medical devices, so foreign manufacturers can expect strong growth in the next few years. Statistics show that 90% of medical device spending in Vietnam is now from foreign manufacturers. This provides manufacturers with an opportunity for rapid growth. 1. Competent institutions and core regulations Registration of medical device products in Vietnam is supervised by the Department of Medical Equipment and Construction (DMEC) under the Ministry of Health (MOH). At present, Vietnam's medical device registration regulations are in a transitional state. The new rules governing the registration of medical devices were issued on 8 November 2021, Decree No. 98/2021, replacing the previous Decree No. 36/2016/ND-CP, which was amended by Decree No. 169/2018/ND-CP and Decree No. 03/2020/ND-CP. The new rules will come into force on January 1, 2022, with a one-year transition period for Category C and D products. 2, product classification In Viet Nam, medical instruments are any tools, chemicals, equipment, materials and software necessary to detect, prevent, diagnose and/or mitigate disease, or to replace, examine, modify or provide surgical support during examination or treatment, used individually or in combination. Under the new rules, software is considered a medical device, but not regulated. Medical devices are classified in Vietnam according to their intended use and level of risk, method of delivery and degree of intrusion into the human body. Viet Nam strictly follows GHTF guidelines for classifying devices in categories A, B, C and D from low risk to high risk. The classification guide can be found in Circular 39/2016. Devices are classified from low to high risk into one of the following: Vietnam Medical Device Classification Table lA (low risk, e.g. wheelchairs, bandages) lB (low average risk, e.g. blood centrifuge, injection needle) lC (high average risk, e.g. diagnostic X-ray equipment, ureteral stents) lD (High risk, e.g. absorbable sutures, dental implants, rhythm regulators) 3. common summary: Prepare registration documents: Prepare all necessary registration documents, including validation test reports, manufacturing and quality assurance documents, sales authorizations and notations, specifications and application forms. In addition, you will need to provide details and qualifications about manufacturers, agents and distributors. Choice of registration route: There are two routes for Vietnamese medical device registration: 1) National registration or 2) reviewer evaluation. National registration applies to all medical devices exported to the country's market. The auditor evaluated the route applicable to medical devices sold in the domestic market in Viet Nam. Submit your application to the Vietnamese Drug Control Department: Submit your registration application and relevant documents to the Vietnamese Drug Control Department for review. Audit and testing: The Vietnamese Department of Pharmaceutical Management will review your documents and conduct a field audit and testing of your medical device. Obtain a Certificate of Registration: If your product is approved, the Pharmaceutical Administration Department will issue a certificate of registration. 4. lIVD classification Rules: Extracorporeal diagnostic devices in Vietnam are classified into four categories (A to D) based on seven risk-based rules and strictly follow the ASEAN IVDD guidelines. Specific rules for the classification of in vitro diagnostic devices are set out in Part III of Appendix I of Circular 39/2016. Factors affecting risk include: Purpose and indication of use; Professional knowledge of medical device users; The importance and impact of medical device information on personal and public health. It is important to note that the procedures for registering medical devices in Vietnam are subject to update and change, especially with regard to Vietnamese national regulations and standards.

Russia implements compulsory for medical device registration management regulation, mainly by the Russian federal supervision bureau (Roszdravnadzor) is responsible for http://www.wiselinkchina.com/. Medical device registration is divided into two types: registration certificate and registration statement. Certificate of registration The registration certificate is a mandatory audit and registration procedure for high-risk medical devices, medium and high risk medical devices and certain low-risk medical devices. After obtaining the registration certificate, they are allowed to be sold and used in Russia. Documents required for registration include medical device design, technical documents, product labels and instructions, product manufacturing qualifications and clinical test reports. The registration statement applies to low-risk medical devices and does not require a Russian registration certificate. However, the applicant will need to submit legal documentation and ensure that the product complies with relevant Russian standards and regulations. Russian device registration process Determining the classification and grade of medical devices; Submit the application for certification and registration, submit risk analysis documents, technical documents, test reports and other relevant materials; Preliminary audit by Russian certification authority, including sample testing and production site inspection; Obtain the registration certificate, including the technical parameters of medical devices, certification standards, registration certificate number and other information; During the validity period of the registration certificate, the annual inspection and report update should be carried out. Specifically, the detailed process for certification registration of medical devices may vary from product to product and from certifying body to certifying body. Enterprises must comply with relevant regulations and procedures when conducting certification registration for medical devices to ensure that products meet requirements and obtain certification certificates. Russian device registration cycle Russian national standards for medical device certification registration time does not have clear provisions, the length of the audit cycle depends on the efficiency of each audit institutions and the integrity and accuracy of the application enterprise submitted documents. Usually, the cycle of medical device certification registration needs 3-6 months, the specific time may also vary depending on the type and complexity of medical devices, the efficiency of the Russian certification body and the audit process. During the audit period, the audit institution will carry out on-site inspection, sample testing, technical document review and other activities. If the agency finds that the documentation is incomplete or does not meet the requirements, it requires the applicant and the manufacturer to make corrections and corrections within a specified period, a process that may add time to certification. Therefore, before preparing for the registration of medical device certification, enterprises should arrange time in advance, actively communicate with certification bodies and relevant partners, improve materials and rectify defects through the guidance of professional consulting bodies or personnel, ensure that the submitted documents are complete and accurate, and obtain the certification certificate in the shortest time. Scope of Russian import control Certification requirements: All imported medical devices must pass the Russian medical device registration certification, obtain the certification certificate and record in the Russian national medical device registration directory. Tariffs: Russia imposes tariffs on imported medical devices. The tax standard is determined by the path and calculation formula, and the specific charging standard will vary according to different products, quantities and import sources. Quality control: Imported medical devices must meet Russian standards and regulations, including specifications, weight, marking, packaging and other requirements. Access requirements: Import of medical devices can only be carried out after obtaining import license from Russia. If the importer and producer are the same company, then the company also needs to apply for a special license and pay the corresponding fee. It is important to note that there may also be specific controls for different products. For example, Russia may impose additional control measures on the import of certain more dangerous or controversial medical devices, such as quantity restrictions or requirements for specific import control procedures. Before importing medical devices, enterprises are advised to first understand the specific control requirements and procedures to ensure that the import is legal and smooth.

South Africa's medical device market has huge potential for Chinese companies. South Africa's medical market is relatively mature, with high medical level and demand. Meanwhile, there is a big difference between urban and rural areas, and there is a large number of grassroots medical institutions and medical equipment gap. The South African government attaches great importance to medical and health care, and medical expenditure has steadily increased. In addition, South Africa is one of the economic and commercial hubs in Africa, which means that access to other African markets through South Africa is also great. The short name of South Africa Medical Device Registration is SAHPRA, the full name of South African Health Products Regulatory Authority (South African Health Products Regulatory Authority). It is the official body responsible for the registration, regulation and approval of medical devices, health products and cosmetics in South Africa. Registration of medical devices in South Africa must be approved by the SAHPRA and meet its standards and regulations before they can be sold and used in South Africa. Therefore, understanding the relevant regulations, processes, and requirements of SAHPRA is very important for businesses registering medical devices. SAHPRA registration process: 1. Prepare application materials, including necessary documents and information. 2. Select the registration category according to the product to be registered. 3. The application is made for a preliminary review by SAHPRA on behalf of the South African Health Products Regulatory Authority, whose purpose is to ensure that the application form is completed correctly and completely, that the necessary information is complete and that the products covered by the application meet the registration requirements. 4. Submit the application and pay the relevant fees. Application materials can be submitted online through the SAHPRA website or by mail. 5. Review and evaluate application materials. SAHPRA will review and evaluate application materials and products for safety and effectiveness. 6. There may be more requirements or questions on the application materials during the review process, and the applicant shall reply and provide relevant materials in time. 7. Upon completion of the evaluation, if the product is approved for registration, SAHPRA will issue a registration certificate or registration number, which is necessary for the product to be legally sold and used in South Africa. The comming epidemic, you shall wear Lanhine`s face mask to protect you and your family.

Recently, the global COVID-19 pandemic has renewed concerns. Not long ago, the so-called "two Yang" cases appeared in some areas, making people worried about the development and control of the epidemic. So what is a case of "two Yang"? What does that mean? Second Yang refers to a person who has recovered from the virus and tests positive again within a short period of time. This has happened in several countries around the world, including China, South Korea, Japan and elsewhere. This has raised doubts about recovery and immunity from COVID-19. So, why the "two Yang" cases? Experts say this could be because the virus is still present in the body, but in such small quantities that it cannot be detected. Or a period of time after recovery when immunity drops and the virus becomes active again. However, this does not mean that those who have recovered will be reinfected with the virus or pose a risk to others. Still, the situation is causing concern. After all, the novel coronavirus is a highly contagious virus that has greatly affected the economic and social life of countries around the world. Therefore, prevention and control is still very important. We urge you to continue to take good personal protection measures, including wearing masks, washing hands and maintaining social distancing. At the same time, governments should strengthen surveillance and control to ensure that the epidemic does not spread again. Apart from the two Yang cases, other aspects of the COVID-19 outbreak are also worrying. In particular, new strains of the virus have recently emerged that spread faster and are more capable of infecting. This poses new challenges to global epidemic control and prevention. However, we should also note that countries around the world have taken proactive measures to prevent and control the disease, including strengthening quarantine, restricting travel and developing vaccines. These efforts are also bearing fruit, with the global epidemic control and cure rates improving. Finally, we believe that with the concerted efforts of governments and people around the world, the COVID-19 pandemic will be defeated. Let's cheer together! Be sure to use masks made by Zhejiang Lanhine, which have a bacteria-filtering efficiency of more than 99%.

On April 22, the China Center for Disease Control and Prevention released the latest situation of the novel coronavirus infection in the country. Compared with the data released by China Disease Control and Prevention on April 15, from April 14 to April 20, 12 newly detected local mutant strains of major concern were detected. Since December 9, 2022, the positive number and positive rate of COVID-19 nucleic acid testing in all provinces showed a trend of first increasing and then decreasing. The positive number peaked on December 22 (6.94 million), then fluctuated and dropped to 2,661 on April 20, 2023. The positive rate peaked on December 25, 2022 (29.2%) and fluctuated down to 1.7% on April 20, 2023. From September to early December 2022, the weekly number of influenza-like cases (body temperature ≥38℃, accompanied by cough or sore throat) in influenza sentinel hospitals across the country remained stable at around 100,000, and the ratio of influenza-like cases to outpatient (emergency) patients fluctuated between 2.7% and 3.6%. In 2023, the proportion of influenza-like cases began to increase (1.8%) in the 7th week (February 13-19), peaked (9.1%) in the 10th week (March 6-12), and then continued to decrease to 5.8% in the 15th week (April 10-April 16). From December 1, 2022 to April 20, 2023, a total of 32,993 valid genome sequences of COVID-19 cases were reported nationwide, all of which were Omicron variants, covering 117 evolutionary branches. The main endemic strains were BA.5.2 and its subbranches (64.3%) and BF.7 and its subbranches (33.0%). The epidemic is coming, please use Zhejiang Lanhine medical medical face mask, bandage face mask, N95 face mask,medical face shield.

ASTM Level 1 (Low) Rated Medical Masks Light / minimum BFE & PFE protection used for general procedures, minimally invasive surgery, ophthalmology, and respiratory etiquette. BFE at 3.0 micron ASTM F2101 ≥ 95% PFE at 0.1 micron ASTM F2299 ≥ 95% Delta P < 5.0 mm H2O/cm2 Fluid Resistance to Synthetic Blood at 80 mm Hg Flame Spread Class 1 per 16 CFR part 161

May 14-17, 2023, the 87th China International Medical Devices Expo (Spring). The Shanghai CMEF exhibition has attracted more than 4,000 brand companies from all over the world.

Raids at the airport in Liege (LGG), Belgium, revealed an alleged import VAT fraud worth €310m by Chinese exporters. This incident also triggered the cross-border e-commerce sellers, freight forwarding logistics industry "great turmoil", foreign trade people export logistics may be rewritten. In the fraud, a Belgian customs broker acting on behalf of Chinese exporters is alleged to have wrongly declared that Chinese goods entering Liege airport were destined for other EU countries and therefore enjoyed duty-free treatment. On March 28, the European Public Prosecutor's Office (EPPO) carried out 10 raids in various locations, including Liege airport, and arrested 4 suspects. The raids focused on companies active in international freight, importers and exporters, suspected of evading at least 310 million euros (VAT+ duty).

The Chinese yuan surpassed the US dollar for the first time in February to become the largest currency in monthly trading volume on the Moscow bourse, Kommersant reported, citing the latest data from the bourse. Foreign currencies such as the US dollar and the euro declined in Russia in 2022, while the Chinese yuan is becoming one of the most popular foreign currencies in Russia. Analysts pointed out that China's steady economic growth has laid a solid foundation for the internationalization of the RMB. The RMB has become more and more popular in Russia due to the quantitative and qualitative improvement of China-Russia economic and trade cooperation. Western countries imposed sanctions on Russia, also accelerated Russia to reduce dependence on the dollar, the euro. The RMB exchange rate is stable, as an international currency hedging attributes increasingly prominent. Since 2022, influenced by the tightening of monetary policy of the US Federal Reserve and the ongoing conflict between Russia and Ukraine, the exchange rates of the euro, yen and other currencies have fallen sharply against the US dollar, while the relatively strong performance of the RMB has become more attractive to Russian investors. Vladimir Sagalaev, a Russian financial analyst, said that the RMB has important international influence and is much less at risk from external economic pressure than many national currencies.

The UK Medicines Regulatory Authority (MHRA) and a number of government agencies have issued an update on their progress following the December 2022 joint statement. Relevant advisory groups have been established to reach consensus on international recognition, innovation routes and system capacity, demonstrating that the issues have been effectively addressed. Next, officials plan to evaluate the proposals from the advisory group by the end of April 2023 to ensure they meet relevant requirements and standards. The ICAR agreed that in order to simplify the registration process for medical devices and reduce regulatory costs for small and medium-sized manufacturers, it is necessary to establish an equivalent path for medical devices certified by a credible regulatory body to avoid the burden of repeatedly submitting relevant information to multiple regulatory bodies. Solutions to consider include: Based on the current EU CE certification basis Establish parity with trusted regulatory agencies, such as the US FDA, for most products

A total of 491 factories closed in Cambodia last year, leaving 59,000 workers without jobs, due to a drop in orders from Europe and the US, the Cambodia-China Times reported. Another 100 factories suspended production. Most of the factories that have closed or stopped production are garment factories, mainly because of falling orders in the U.S. and European Union and a lack of raw materials, according to Labor Ministry spokesman Hsing Sot. In the first two months of this year, 71 factories suspended production More than 30,000 workers were temporarily laid off As of February 28, 71 factories had suspended production, leaving 32,023 workers temporarily unemployed, Cambodian Labor Ministry spokesman Hsing Sot told the Cambodia-China Times on Saturday. Of the 32,023 workers, 81 percent, or 26,055, are women, Shinso told reporters. Of the 71 factories, 34 are in Phnom Penh, employing 10, 010 people, he said. 37 are in other provinces, with 20,013 workers. Demand for finished clothes in the European Union and the United States is shrinking Cambodian foundries were the first to be hit A spokesman for Cambodia's Labor Ministry said that weak demand in Europe and the United States has become an important trend affecting the global economy. In addition, the novel coronavirus outbreak and the uncertainties brought by the Russia-Ukraine conflict have affected the consumption willingness of European and American countries. Surging global energy prices are also pushing up production and transportation costs, adding to manufacturers' production costs. "It is normal for factories to close or stop production in major garment producing countries." Weak demand in Europe and the United States has become an important trend affecting the global economy, he said, adding that several major garment producers, such as Vietnam, Bangladesh and Sri Lanka, are also facing the impact of the European and American market contraction. He pointed out that some garment factories, faced with a lack of raw materials, have decided to apply to the Labor Ministry to suspend production. In the past decade, the middle and low-end industries in the mainland have been moving, mainly to Southeast Asian countries and regions, including Cambodia. In other words, Cambodia is doing well because of the spillover from the mainland. According to public data, Cambodia's garment industry has been developing rapidly in recent years, especially in terms of export. In 2022, Cambodia's total export value of garment products exceeded 10 billion dollars. Among them, the total value of garment and textile exports exceeded 9 billion US dollars, up 13% year on year; Shoe exports were valued at $1.737 billion, up 25 percent year on year; The value of travel goods exports reached $1.777 billion, up 19 percent year on year. In contrast, Cambodia's annual GDP in 2022 is only 30.544 billion dollars. It can be seen that Cambodia's garment export accounts for about 33% of the country's GDP, which can be regarded as a pillar industry. Cambodia's garment manufacturers are reportedly expecting a 30% drop in the value of their garment exports in the first half of this year due to a decline in orders from international buyers. The decline in export orders has hit Cambodia hard. Some analysts believe that the decline in Cambodia's exports will usher in a further shift of the garment contract manufacturing industry in the future. If Cambodia fails to solve the current difficulties, more garment factories will close down, leading to a larger scale of social problems. Weak demand in Europe and the US The conflict between Russia and Ukraine is the main cause Weak demand in Europe and the US: In recent years, Cambodia's garment exporters have mainly been the EU and the US. As the economic cold wave sweeps across the world, the dollar has to raise interest rates to protect itself, which will trigger more international capital to move back into the dollar zone, resulting in a general decline in purchasing power and a prolonged weakness in demand. Cambodia's garment industry, which is highly dependent on exports to Europe and the United States, is not immune to the economic cold wave. In addition, the uncertain factors brought by the conflict between Russia and Ukraine have affected the consumption willingness of European and American countries; The global energy surge has also pushed up production and transportation costs, as well as raw material costs, adding to manufacturers' production costs. In addition to the decline in orders, let the enterprise worse. As a result, many companies have to shut down or go out of business. In any case, Cambodian garment manufacturers are expecting a 30% drop in the value of garment exports in the first half of 2023 due to a downward trend in orders from international buyers. The Cambodia-China Times reported on March 6 that Hun Sen said at an event on the same day that the global economy was not optimistic, especially in European and American countries. Factories in Cambodia have seen orders fall, particularly for clothing and footwear, due to weak demand in Europe and the US. Hun Sen instructed Finance Minister Umben Monillo and Labor Minister Justin Yi Sensing to discuss subsidies for workers who lose their jobs. Mr Hun Sen suggested that subsidies for workers be modelled on those introduced during the pandemic. "I don't think the number of factories that will be hit by the reduction in orders will be as large as it was during the pandemic, so we can start from April," Hun Sen said. "The government will pay $40 and the manufacturers will pay $30." During the epidemic, you shall wear Lanhine`s face mask. medical face mask children face mask protective face mask face shield anit fogging

The "CE" mark is a kind of safety certification mark, which is regarded as the manufacturer's passport to open and enter the European market. The goods affixed with the CE mark indicate that they meet the requirements expressed in a series of European directives on safety, health, environmental protection and consumer protection. All products labeled with the "CE" mark can be sold in the EU member states, without meeting the requirements of each member state, thus realizing the free circulation of goods within the EU member States. In the European Union market, the "CE "mark is a mandatory certification mark. Whether the products produced by enterprises in the European Union or products produced in other countries, if the products are to be sold in the European Union market, On free circulation, a "CE" mark must be attached to show that the product meets the basic requirements of the EU directive on New Methods of Technical Harmonization and Standardization. This is a mandatory requirement for products under EU law. The relevant directive requires that the industrial products affixed with the CE mark, without the CE mark, shall not be sold on the market, has affixed the CE mark into the market, found not to meet the safety requirements, to be ordered to recover from the market, continuous violation of the directive on the CE mark provisions, will be restricted or prohibited from entering the European Union market or forced to withdraw from the market.

The Hong Kong government has lifted its ban on face masks in the city. The ban, which was imposed in October 2019, was put in place to deter people from protesting and to prevent the spread of the coronavirus. The ban was widely criticized by human rights activists and pro-democracy protesters who argued that it was an attack on freedom of expression. The Hong Kong government has now lifted the ban, saying that it was no longer necessary given the improving situation in the city. The lifting of the ban will come as a relief to many protesters who have been using face masks to protect their identity while participating in demonstrations.

After rising for months and hitting a near six-month high in early February, the renminbi has suffered a bout of volatility in recent days. From February 1 to February 24, the central parity rate of the RMB against the US dollar has depreciated by 1,450 basis points, according to the China Foreign Exchange Trade System. The renminbi has depreciated by about 2 per cent in the past month. Against the backdrop of pressure on the renminbi, some people worry that the exchange rate will continue to fall. In this regard, experts said that the overall pattern of two-way volatility of the renminbi, the trend is stable. In the future, there will be more positive factors supporting the RMB exchange rate. Will there be another wave of devaluations? The RMB exchange rate fluctuates, and some people worry that there will be a new wave of depreciation of the RMB. Zhou Maohua, macro researcher of financial market department of Everbright Bank, told the media that the RMB exchange rate has fallen against the US dollar, but it is still a strong currency. The RMB has appreciated against other countries' currencies, and since February, the RMB has shown a two-way fluctuation pattern and a stable trend. Wang Youxin believes that from the future trend, the Fed rate hike policy may continue until May, until then, the dollar index will get some support from the tightening policy. "Of course, with the increase of the peak interest rate, the negative impact of the Fed's interest rate hike policy on the economy will continue to accumulate and emerge. Although the US economy is slowing down, the economic downward trend remains unchanged. Therefore, around the May interest rate meeting may become the key time point for the change of the trend of the international foreign exchange market. After that, there will be more positive factors supporting the RMB exchange rate as external constraints weaken." Wang Youxin said. China will insist that the market plays a decisive role in the formation of the exchange rate, strengthen the flexibility of the RMB exchange rate, optimize expectations management and keep the RMB exchange rate basically stable at a reasonable and balanced level, the People's Bank of China said in its report on the implementation of China's monetary policy in the fourth quarter of 2022 on Thursday. In addition, the RMB internationalization process is also advancing. Iraq's central bank, for example, recently announced new measures to bolster its foreign exchange reserves, including allowing direct settlement of trade with China in renminbi. Separately, Russia's finance ministry will empty its national wealth fund of euros this year, reserving only gold, rubles and Chinese yuan, RIA Novosti reported.

The trend in face mask development has been towards lighter, more comfortable, and more effective designs. This has been driven by the need for face masks to be worn for extended periods of time, and the desire for better protection against airborne particles. Companies have developed masks with advanced filtration systems, breathable fabrics, and adjustable straps for a more comfortable fit. Many masks are now designed with antimicrobial properties and can be reused multiple times. There has also been an increase in the number of fashion-forward designs, allowing people to express their personal style while still protecting themselves and others.