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- The Ministry of Commerce has responded to the U.S. interpretation of China's export control measures on rare earths, stating that these actions are a normal part of improving China’s export control system. The spokesperson for the ministry clarified that the measures are not directed at any specific country or region, emphasizing that any compliant civil-use export applications will be approved. The statement criticized the U.S. for distorting China’s actions and inciting unnecessary misunderstandings and panic regarding global supply chain security.
- The Ministry of Industry and Information Technology announced a notice to launch a special action for "millisecond computing" in urban areas, focusing on networking development to provide high-speed and low-latency capabilities for computing resources.
- Deputy Minister of Industry and Information Technology, Xin Guobin, stated that efforts will be accelerated to set standards for combined driving assistance and autonomous driving, promoting deep integration between artificial intelligence and the automotive industry.
- The State Administration for Market Regulation issued draft regulations for the supervision of food safety responsibilities among third-party platforms and food service providers, aiming to prevent "ghost delivery" phenomena.
- The State Taxation Administration announced that from October 1, platform companies are required to report identity and income information of operators and employees to tax authorities, with over 6,654 platform companies having submitted their information by October 15.
- The National Bureau of Grain and Material Reserves has revealed that China's summer grain purchasing season has concluded, with a total of 108 million tons of wheat purchased. Prices have stabilized and begun to rise due to decreased market circulation and increased autumn-winter consumption.
- From October 17, the Bureau will implement a minimum purchase price for mid and late rice in eligible areas of Henan province to protect farmers’ interests and ensure food security.
- In an effort to alleviate the financial pressure on medical institutions, the National Healthcare Security Administration has outlined plans for instant settlement of medical payments across all coordinated areas by the end of 2025.
- At the 2025 Sustainable Global Leaders Conference, a senior official from the China Securities Regulatory Commission announced plans to guide stock exchanges in enhancing sustainability report disclosure guidelines based on corporate needs.
- The China Automobile Dealers Association reported a continued increase in the used car market activity, with daily transaction volumes averaging 75,100 units from October 1 to 12.
- In the photovoltaic industry, recent rumors about a polycrystalline silicon storage platform were deemed inaccurate by industry insiders.
- A large gold mine was discovered in Gansu province, with an estimated new gold resource exceeding 40 tons.
- The "Tax Professional Services in Hainan Free Trade Port" regulations will take effect on November 1, marking an important step in the region’s high-quality development.
- Fuyao Glass announced that its chairman, Cao Dewang, has submitted his resignation in light of strategic governance changes, while Cao Hui was elected as the new chairman.
- On October 16, President Trump announced that he had a productive phone call with President Putin regarding the Russia-Ukraine conflict and issues related to trade, with plans for a face-to-face meeting in Budapest.
- Reports reveal that nearly a quarter of employees at the CDC have received layoff notices this year, which could impair its public health response capabilities.
- Federal Reserve Board Governor Waller indicated that a soft labor market suggests a need for interest rate cuts, advocating for a cautious adjustment of 25 basis points.
- President Putin indicated a projected decrease in Russian oil production by about 1% in 2025, in line with OPEC+ agreements.
- The French National Assembly voted on two no-confidence motions against the government, which were ultimately defeated.
- IMF Managing Director Kristalina Georgieva stated that while the global economy is performing better than expected, it still lacks sufficient growth momentum to support long-term development.
- Tesla CEO Elon Musk’s high salary case began trial, with efforts to restore his $56 billion compensation plan.
- Nestlé announced plans to cut approximately 16,000 jobs over the next two years, representing 6% of its workforce.