US Treasury Secretary Bessent said on Iran and sanctions that banking sanctions may be announced this week or next.

Politico reported U.S. Trade Representative Greer said ideally energy markets should remain independent.

Domestic News: 1. Xi Jinping met with Russian President Vladimir Putin in Bishkek on the sidelines of the 2026 Shanghai Cooperation Organisation Summit. 2. Li Qiang chaired an executive meeting of the State Council, which studied relevant work on promoting high-quality development of investment attraction; and discussed and approved in principle the "Draft Amendment to the Law of the People's Republic of China on the Administration of Tax Collection". 3. A total of 209 domestically produced online games were approved in August. 4. The Ministry of Industry and Information Technology launched a special action to cultivate artificial intelligence application service providers. 5. Zhipu's revenue in the first half of the year reached 954 million yuan, a 400% increase; its ARR in August was $1.6 billion. 6. Huawei's revenue in the first half of 2026 reached 467.819 billion yuan, with R&D investment reaching a record high. 7. Ministry of Finance: From January to July 2026, the total profits of state-owned enterprises reached 2.50899 trillion yuan, a year-on-year increase of 0.6%. 8. The Ministry of Commerce and seven other departments issued implementation opinions on promoting the expansion and upgrading of commodity consumption, aiming to reach a total retail sales of consumer goods of approximately 60 trillion yuan by 2030. International News: 1. Overnight, the 10-year US Treasury yield rose by approximately 3.5 basis points, continuing to hit a new high. 2. Trump: Interest rates are too high. Respect Warsh; he will do what he has to do. 3. US media: US Army Secretary Driscoll has submitted his resignation and is expected to leave office within days. 4. Nvidia will purchase $3.5 billion in convertible bonds from MediaTek to deepen AI chip cooperation. 5. US and Russian finance ministers held a rare meeting during the G20 summit to discuss financial cooperation and the Ukraine peace plan. 6. Japanese media: Japan's budget request for fiscal year 2027 is expected to reach a record 143 trillion yen. 7. US Treasury Secretary: Unable to change the equilibrium price of bonds, will work with Warsh to advance fiscal integration; the only way to reduce debt is through economic growth. He believes the Japanese government and the Bank of Japan will take measures to promote the yen's appreciation. 8. Middle East situation— ① Iranian Presidential Palace: Confirmed with the Pakistani Prime Minister that Iran is ready to implement the memorandum of understanding if Pakistan fulfills its commitments. ② Trump says he will respond to Iranian missile attacks: He will strike Iran hard. ③ Axios: Trump and his aides have been considering a limited strike to prevent Iran from rebuilding its radar and missile capabilities to attack ships. ④ US military denies a supertanker struck a mine in the Strait of Hormuz. ⑥ Iranian Revolutionary Guard: The primary focus is deterrence, not war or negotiations; we have not yet entered the asymmetric warfare phase. ⑤ Iranian media: A Saudi oil tanker was intercepted in the southern channel of the Strait of Hormuz.