Russia claimed on Friday that its forces had attacked multiple Ukrainian targets, while Ukraine on Saturday reported that it hit a large amount of Russian military equipment.
The Russian Defense Ministry said that Russian forces had taken control of four settlements in the special military operation zone over the past week, and had targeted Ukrainian military industrial enterprises and airfields with high-precision weapons.
Meanwhile, the General Staff of the Ukrainian Armed Forces reported on Saturday that Ukrainian troops had engaged in a total of 184 combat clashes with Russian forces along the front line over the past 24 hours.
Ukrainian forces also attacked concentrations of Russian weapons and military equipment, as well as radar stations, according to the General Staff.
Amid the ongoing conflict, diplomatic and security discussions are intensifying. French President Emmanuel Macron announced on Thursday that 26 countries, mostly European, have formally pledged to deploy troops as part of a future Russian-Ukrainian ceasefire, though not directly on the front lines.
On Friday, Ukrainian President Volodymyr Zelensky said that Kyiv is actively discussing the possible deployment of thousands of foreign troops with its partners. He added that specific figures would not be disclosed, as the matter remains under discussion.
Russian President Vladimir Putin stated on the same day that Ukraine's security cannot be addressed without considering Russia's own security, warning that any foreign troops in Ukraine would be considered legitimate targets for the Russian army.
Russia claims strikes on Ukrainian targets, Ukraine reports hitting Russian equipment
China intends to step up efforts to forge itself into a financial power by strengthening financial regulation across the three main aspects of risk prevention, supervision enhancement and advancing high-quality development, according to an official on Thursday.
At press conference in Beijing, Cong Lin, deputy director of National Financial Regulatory Administration, briefed media on the latest plans to reinforce financial regulations, with measures designed to provide support for business activities while preventing risks and tightening supervision.
"We should effectively and orderly prevent and defuse risks of local small and medium-sized financial institutions and firmly hold the bottom line against collapse. We will also promote the reduction of the number of local small and medium-sized financial institutions while improving their quality and optimizing their layout. Meanwhile, we will thoroughly implement a comprehensive campaign to prevent and combat illegal financial activities, so as to safeguard people's hard-earned money," said Cong.
"We need to improve the framework for classified and graded supervision and steadily advance differentiated supervision. Technological empowerment should be enhanced, with our 'look-through' regulatory capacity being strengthened. We also will guide financial institutions to accelerate transformation in their development mode and build their capacity for sustainable development," Cong noted.
To facilitate high-quality development, the administration will also look to implement a wider range of safeguarding strategies across key areas and address weak links. Financial support for stimulating consumption, expanding investment, stabilizing businesses and employment, and promoting scientific and technological innovation will also be increased, according to the official.
China to step up financial regulation with enhanced risk prevention, supervision: official
