Domestic News
1. The leaders of China and the United States agreed to maintain regular exchanges; Trump looks forward to visiting China early next year and invites President Xi Jinping to visit the United States.
2. Ministry of Commerce: China and the United States reached a consensus on issues such as cooperation in fentanyl control, expanding agricultural trade, and handling individual cases involving relevant companies. China will work with the United States to properly resolve issues related to TikTok.
3. Ministry of Commerce: The United States will cancel the 10% so-called "fentanyl tariff" imposed on Chinese goods, and the 24% equitable tariff imposed on Chinese goods will remain suspended for another year. China will adjust its countermeasures against the aforementioned tariffs accordingly. Both sides agreed to continue extending some tariff exclusion measures.
4. The General Office of the State Financial Supervision and Administration Bureau issued a notice on promoting the sustained and healthy development of pension wealth management business.
5. The Ministry of Finance and four other departments jointly issued a notice to improve policies supporting duty-free shops and boosting consumption.
6. People's Bank of China: The weighted average interest rate for newly issued commercial personal housing loans nationwide in the third quarter of 2025 was 3.07%. 7. A new 500 billion yuan policy-based financial instrument was launched, expected to drive total project investment exceeding 7 trillion yuan.
International News
1. The Bank of Japan kept interest rates unchanged, with two officials voting to raise rates by 25 basis points.
2. The World Gold Council: Global gold demand in the third quarter reached a record high for a single quarter.
3. The Lebanese president ordered the army to respond to the Israeli invasion.
4. The European Central Bank unanimously approved keeping the deposit facility rate unchanged at 2%, in line with market expectations, marking the third consecutive meeting without raising rates.
5. Meta Platforms plans to raise at least $25 billion through a bond issuance.
6. US Treasury Secretary Bessenter pointed out that the Federal Reserve's skepticism about whether to cut interest rates again this year indicates that the institution urgently needs major reforms.
7. Nvidia CEO Jensen Huang: Looking forward to meeting the South Korean president tomorrow. There is a lot of news to announce between South Korea and Nvidia.
8. US President Trump: A very large agreement may be reached involving the purchase of oil and gas from Alaska.
