The Yinhua Yuehai Water Conservancy closed-end infrastructure investment fund listed on the Shenzhen Stock Exchange on the 28th, the Guangdong Water Resources Department said. It is China’s first REIT for power-generating water‑conservancy facilities and the country’s first provincial‑level water REIT.

Oct 28 — At a routine briefing, Taiwan Affairs Office spokesman Chen Binhua responded to US President Trump’s recent criticism that Taiwanese chips are undercutting US markets, saying Beijing’s position on Taiwan is consistent and clear. He accused the DPP of "seeking independence by relying on the US" and of "selling out the island's leading industries without principles or bottom line, harming the people's interests," and said this "will only accelerate harming and destroying Taiwan."

Zhengzhou issued the Action Plan for High‑Quality Development of the Lab‑Grown Diamond Industry (2026–2028), directing efforts to cultivate leading firms and recognizable brands. The plan urges rough producers to expand downstream into cutting, design, setting and trade, deepen cooperation with jewelry retailers, and form innovation and brand consortia to boost capacity, product quality, terminal value‑add and market share. Eligible companies may be added to 'specialized, refined, distinctive and innovative' or leading‑enterprise support lists. Target: cultivate about five leading enterprises by end‑2028.