- China's foreign exchange reserves fell to $3.1601 trillion in August, down 1.38% from July. The State Taxation Administration reported that tax cuts, refunds, and payment deferrals have covered 1.05 trillion yuan nationwide from January to July this year.
- The global manufacturing PMI slightly recovered in August, indicating weak economic growth. Meanwhile, German factory orders fell by 11.7% in Q3, highlighting the country's economic struggles. The central bank of the Philippines is prepared to tighten monetary policy if needed to maintain stable inflation expectations.
- Jiangsu province has implemented policies to reduce the initial down payment ratio for first-time homebuyers and recognize housing but not loans for first homes. Meanwhile, inflation in the eurozone stalled in August, posing a dilemma for the European Central Bank.
- The RMB has become the world's fifth largest reserve and payment currency, highlighting its growing international status. Domestic policy measures are being introduced to further enhance service trade development, while 44 companies have been officially delisted this year. Internationally, industrial growth in Hanoi is under pressure, and Russia plans to extend foreign currency operation restrictions.
- In August, China's manufacturing prospects improved while services growth slowed. The Ministry of Industry and Information Technology is planning further policy measures to support industrial economic development. The National Healthcare Security Administration clarified the scope of medical consumables covered by health insurance. China made new breakthroughs in high-power artificial source electromagnetic detection technology.
- In August, local bond issuance reached a new high of 1.3 trillion yuan, driven by the central government's push for stable economic growth. Meanwhile, the National Development and Reform Commission is accelerating support policies for private economy development, and the Ministry of Industry and Information Technology is strengthening financial cooperation to expand enterprise financing channels.
- China's commodity index increased by 0.9 percentage points to 103.6% in September, reaching its highest level since August 2020. The national futures market saw a 28.05% year-on-year increase in trading volume, while the Ministry of Commerce extended the investigation into trade barriers between Taiwan and the mainland. Six departments, including the Ministry of Industry and Information Technology, jointly released a plan for high-quality development of computing infrastructure.