MOODY'S said since its last periodic review of France's sovereign credit rating, slower economic growth and a wider fiscal deficit have increased France's debt burden.

CCTV: Premier Li Qiang chaired a State Council executive meeting urging stronger support from the services sector for economic growth, stepping up efforts to expand services capacity and improve quality, and converting the sector’s latent potential into growth momentum.

Changjiang Securities macro chief analyst Song Xiaoxiao said exports and fiscal policy will form dual support for China’s economy in Q4. September exports rose 36.3% YoY, well above seasonal norms, with AI supply-chain volume and price gains sustaining external demand; high export momentum is likely to continue into Q4. On fiscal policy, following the Sept. 28 State Council executive meeting authorities rolled out incremental measures and arranged use of 550 billion yuan of local government bond balance/quota—300 billion yuan to strengthen county/district general public budget capacity and 250 billion yuan for project construction.