Domestic News:
1. Xi Jinping inspected and researched Meizhou City, Guangdong Province.
2. The China Securities Regulatory Commission (CSRC) approved the registration of platinum and palladium futures and options.
3. Yu Yuan Tan Tian: The Fujian warship will definitely visit the Taiwan Strait after its commissioning.
4. The People's Bank of China: Foreign exchange reserves reached US$3.343 trillion at the end of October, marking the 12th consecutive month of gold purchases.
5. Ministry of Finance: Make full use of the more proactive fiscal policy and continue to implement the special action to boost consumption.
6. General Administration of Customs: Starting November 10, 2025, the soybean export licenses of three companies, including CHS Inc., will be restored to China.
7. National Energy Administration: Accelerate the development of photovoltaic and wind power industries in mining areas and actively promote clean energy substitution in mining areas.
8. Two departments suspended the implementation of several export control announcements, involving rare earths, lithium batteries, and artificial graphite anode materials.
9. State Administration of Foreign Exchange: my country's current account surplus reached RMB 1.3948 trillion in the third quarter, and direct investment in China maintained a net inflow. 10. The General Office of the State Council issued the "Implementation Opinions on Accelerating the Cultivation and Opening Up of New Scenarios to Promote Large-Scale Application of New Scenarios."
International News:
1. Elon Musk makes a major announcement: Tesla may build its own AI chip factory, producing millions of chips per month.
2. Federal Reserve's Jefferson: Interest rates have been lowered to near "neutral levels," and caution should be exercised.
3. JPMorgan Chase: The bull market trend in US stocks remains unchanged; the S&P 500 is expected to break through 7,000 points soon.
4. Due to the government shutdown, the US October non-farm payroll report was not released, marking the second consecutive month that the report was "absent."
5. The University of Michigan Consumer Sentiment Index fell to its lowest level since June 2022 in November, with the preliminary reading of the current conditions index hitting a record low.
6. White House National Economic Council Director Hassett: The government shutdown is expected to lead to a decline in GDP growth in the fourth quarter. The growth outlook remains very optimistic, with economic growth potentially reaching 4% next year.
