U.S. Treasury Secretary Bessent said discussions on G20 imbalances are ongoing.

Liaoning held a provincial video conference on Sept. 1 in Shenyang to step up investment promotion. The province directed authorities to leverage its industrial base, leading firms, transport nodes, science-and-education resources and natural endowments to carry out targeted attraction. Industrial priority will follow the “2211” industry system, focusing on extending, completing and strengthening supply chains and on new technologies, new business forms and new models; provincial officials will compile industry-chain and investment maps and pursue targeted outreach to priority firms to link large, medium and small companies and upstream-downstream suppliers. On fund attraction, Liaoning will use a provincial mother fund to guide new-productivity investment, adopt a “mother fund + subfund” structure, and explore a recruitment path combining top-institution selection and recommendation, joint provincial-city state-capital promotion and social capital co-investment, promoting capital+scenarios+services to drive industrial agglomeration.

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