Thursday Oct. 22 — Dow Jones Industrial Average closed up 11.59 points, or 0.02%, at 52,867.68; S&P 500 fell 93.82 points, or 1.21%, to 7,663.35; Nasdaq Composite fell 694.00 points, or 2.60%, to 26,008.86.

美国财政部宣布对外投资审查拟议规则，并将委内瑞拉从“受关注国家”名单中移除。

The Ministry of Industry and Information Technology and seven other ministries issued the Plan for Enhancing Industrial Foundation Capabilities (15th Five-Year Plan). The plan prioritises upgrading the industrial base and launches an industrial-foundation rebuilding programme to close gaps, strengthen advantages and develop frontier areas. It emphasises demand-led R&D and coordinated advancement of technology breakthroughs and application. By 2030 the plan aims to materially ease weaknesses in China’s industrial base, raise technological innovation, self-reliance and high-quality product supply, and significantly improve basic product quality. It seeks to produce key foundational products that enable whole-machine innovation, cultivate several internationally influential brands, foster new manufacturing “single champion” and specialised “little giant” firms, and put in place more sound long-term investment mechanisms. Overall industrial capability is targeted to reach advanced international levels to support a modern industrial system led by advanced manufacturing.