The State Council General Office issued an opinion containing 20 targeted measures to strengthen China’s full‑chain safety regulation of fireworks and firecrackers. Measures require firms to accelerate standard‑compliant upgrades and mechanization, establish and enforce exit/closure mechanisms to shut producers that do not meet safety conditions, clarify departmental enforcement responsibilities, and assign primary liability to internet platforms while banning individuals from posting fireworks

2026-10-16

The State Council General Office issued an opinion containing 20 targeted measures to strengthen China’s full‑chain safety regulation of fireworks and firecrackers. Measures require firms to accelerate standard‑compliant upgrades and mechanization, establish and enforce exit/closure mechanisms to shut producers that do not meet safety conditions, clarify departmental enforcement responsibilities, and assign primary liability to internet platforms while banning individuals from posting fireworks sales online. The opinion also calls for new supervisory tools to close regulatory gaps and strengthen oversight across production, distribution and sales.

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2026-10-15

Oct 15 (Thu) European open: FTSE 100 opened down 2.11 pts (0.02 pct) at 10,722.75; EUROSTOXX 50 opened down 65.12 pts (1.05 pct) at 6,125.25; Spain's IBEX 35 opened down 36.32 pts (0.19 pct) at 19,194.38; Italy's FTSE MIB opened down 456.34 pts (0.92 pct) at 49,297.50; Germany's DAX opened down 159.61 pts (0.63 pct) at 25,139.00; France's CAC 40 opened down 15.13 pts (0.19 pct) at 7,857.98.

2026-10-16

PBOC Deputy Governor Tao Ling said on Oct. 16 at the Global Wealth Management Forum in Shanghai that the central bank will continue supporting financial institutions’ offshore RMB lending and cross-border trade finance to better meet offshore RMB liquidity needs. The PBOC will refine bank cross-border interbank RMB financing rules, encourage more offshore institutions to issue and trade panda bonds, and support Hong Kong’s dim sum bond market to broaden liquidity and risk-management tools. Build