Beijing Municipal Market Supervision Bureau has opened formal investigations into Hangzhou Taomei Aviation Services Co., Ltd., Tongcheng Network Technology Co., Ltd., Tujia Online Information Technology (Tianjin) Co., Ltd. and Beijing Sankuai Information Technology Co., Ltd., citing suspected violations under the Anti‑Unfair Competition Law and the E‑commerce Law, following SAMR guidance and prior checks.

Zhang Bin, deputy director at the Institute of World Economics and Politics, Chinese Academy of Social Sciences, said at the Tsinghua Wudaokou Chief Economist Forum on Sept. 19 that China’s main imbalance is an aggregate supply–demand mismatch—supply outstrips demand. He identified weak business and household expectations as the core cause, creating a self‑reinforcing negative cycle; he called this a market failure that requires forceful external intervention and said the most effective response is to scale up countercyclical policy.

Putin said Russia has the world’s largest natural gas reserves and that the resource should serve the state.