Domestic News:
1. Has China received the final decision from the US to extend the tariff suspension period? The Ministry of Foreign Affairs responded.
2. The national standard "Technical Requirements for Transportation Safety and Multimodal Transport of Power Lithium Batteries" will be implemented on February 1, 2026.
3. Since the start of the summer travel rush, China's railways have transported a total of 599 million passengers, a year-on-year increase of 3.9%.
4. The Ministry of Finance and the State Administration of Taxation are soliciting public opinions on the "Regulations for the Implementation of the Value-Added Tax Law of the People's Republic of China (Draft for Comment)."
5. China Central Depository and Clearing Corporation Limited: Simplified account opening documents for overseas central bank-like institutions; effective immediately, they will no longer be required to provide a signed letter of commitment.
6. China Association of Automobile Manufacturers: July automobile production and sales decreased by 7.3% and 10.7% month-on-month, respectively, but increased by 13.3% and 14.7% year-on-year, respectively.
7. China Rare Earth Corporation Statement: We have never engaged in any form of cooperation, consultation, or planning with any relevant institutions or entities regarding the so-called "rare earth RMB stablecoin." International News:
1. Trump Media & Technology Group: A Bitcoin ETF will launch later this year.
2. A draft peace agreement between Azerbaijan and Armenia was released, with both countries explicitly renouncing territorial claims.
3. Trump declared a public safety emergency in Washington, D.C., and began deploying the National Guard.
4. The Trump team has included Bowman, Jefferson, and Logan as candidates for Federal Reserve Chair, with the chairman expected to be announced this fall.
5.
Russia-Ukraine Issue - ① The German government stated that European leaders and Ukrainian President Zelensky will speak with Trump on Wednesday; Europe is reportedly expected to reiterate its red lines. ② Trump: The meeting with Putin was an exploratory one. The next meeting will be with Zelensky or with both Putin and Zelensky; changes to the Russian-Ukrainian territory are expected.
6. Tariffs - ① Trump: Gold will not be subject to tariffs. ② The WTO confirmed that Brazil has filed a complaint against US tariffs. ③ The Indian government expressed hope that bilateral trade negotiations can continue.