IEA月报：10月经合组织工业石油库存减少4100万桶。

美国财长贝森特：长期以来，华盛顿一直将美国的工业衰退视为不可避免。特朗普总统认识到，这源于政策选择，因此也可以扭转。在特朗普重塑贸易政策并推动其历史性减税措施落地后，该行业重新焕发动力，这表明正确的政策能够扭转数十年的工业衰退。

PBOC Deputy Governor Zou Lan said at the Caixin Summit on Nov 13 that China’s credit market has undergone deep structural change: the economy’s monetization process has largely run its course, China has the world’s largest banking system and a leading inclusive finance framework, outstanding loans are about 300 tln yuan and more than 800 mln people have credit records. He said slower credit growth coupled with a shift toward higher-quality lending has become the new macro normal, with the policy focus moving from incremental expansion to stock optimization and from scale orientation to targeted lending. Technology innovation, green transition and private small-and-micro enterprises are priority but weak areas; corresponding credit services—credit scoring, credit-reporting mechanisms and risk models—remain underdeveloped and the credit system’s adaptability needs improvement.