2025-10-30 Thursday
                            
                                
                                    
                                    2025-11-04
                                    
                                 
                             
                                                                                                                                                                                                                                        
                                                                                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                15:30:20
                                                
                                                                                                            [China Merchants Securities: Quantum Technology Becomes the Most Promising High-Tech Growth Engine for the Next Decade] A research report from China Merchants Securities states that quantum technology is rapidly transitioning from cutting-edge science to national strategy and industrial practice, becoming the most promising high-tech growth engine for the next decade. Generally, quantum technology can be divided into six main areas: quantum computing, quantum communication, quantum sensing, quantum materials, quantum simulation, and quantum optics. Quantum computing, quantum communication, and quantum sensing have become the three most industrially promising directions in the current quantum technology system, with clear technological paths and well-defined application needs.
                                                                                                    
                                             
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                                                                                                            
                                                15:26:12
                                                
                                                                                                            [Limited Changes in International Oil Prices After Trump Lowered Tariffs on China] 1. Oil prices fluctuated narrowly on Thursday, despite Trump's announcement of lowering tariffs on China from 57% to 47%, easing concerns about global economic growth. WTI crude is currently trading around $60.05 per barrel, down about 0.7%, while Brent crude is trading around $63.90 per barrel, down about 0.45%. Both oils rose about 0.3% in the previous trading day, but are expected to decline by more than 3% for the third consecutive month in October. 2. Analysts say that the easing of tariffs boosted market confidence and stimulated expectations for energy demand; Brent crude held support at $60 and $58, and may rebound in the short term, but its upside is limited to $72, resulting in range-bound trading. 3. The Federal Reserve cut interest rates as expected and hinted that this might be the last rate cut of the year, shifting policy towards supporting economic growth, which is beneficial to commodities; US crude oil inventories fell sharply by 6.86 million barrels last week, far exceeding expectations, also supporting the previous day's oil price increase. 4. Despite positive factors, oil prices remain under pressure; investors are focused on the OPEC+ meeting on November 2nd, which may announce a production increase of 137,000 barrels per day in December, further impacting the supply balance.
                                                                                                    
                                             
                                                                                                                                                                                                                                                                                                                                            
                                                15:25:29
                                                
                                                                                                            [Yen Plunges After Bank of Japan Governor Kazuo Ueda's Speech, Pushing USD/JPY to Eight-Month High] ⑴ USD/JPY rose to an eight-month high of 153.53 and is currently trading around 153.45, up about 0.48%. ⑵ The yen continued to weaken after the Bank of Japan governor's dovish comments at a press conference. Market expectations that new Prime Minister Sanae Takaichi will implement an aggressive fiscal spending plan further exacerbated uncertainty about the timing of the Bank of Japan's next interest rate hike, putting significant pressure on the yen. ⑶ In addition, market optimism regarding US-China trade relations is also weakening the yen's safe-haven appeal. This largely offset the mild weakness of the dollar, indicating that the path of least resistance for the USD/JPY pair remains upward. Furthermore, the pair technically broke through the previous monthly high (153.27), confirming the positive outlook and providing support for further recent strengthening. ⑷ Daily chart oscillators are showing a positive trend, providing support for further upward movement in the pair. (5) On the upside, the exchange rate may attempt to retake the 154.00 level and extend the upward momentum to the next relevant resistance level in the mid-154.50 area, subsequently challenging the 154.75-154.80 range and the psychological level of 155.00. (6) On the downside, if the exchange rate falls below the 153.30-153.25 area, which has now become support, the 153.00 level may attract bargain hunters and form a short-term support level. However, if this level is effectively broken, it may test the Asian session lows (around 152.15). Following this is the 152.00 level; if this level is breached, USD/JPY may slide towards the 151.55-151.50 area and eventually fall towards the key support level of 151.10-151.00.
                                                                                                    
                                             
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                                                            
                                                15:13:29
                                                
                                                                                                            [Global Bond Markets Rebound Strongly in October, but High Debt Pressure Remains a Concern] 1. The atmosphere in major global bond markets reversed, with investors flocking back to bond markets in countries like the UK, Germany, and Japan as concerns about high borrowing and persistent inflation subsided, leading to a significant drop in yields. 2. UK government bonds led the rebound. Markets severely impacted earlier this year by fiscal concerns saw both 10-year and 30-year bond yields fall by approximately 30 basis points, potentially marking the largest monthly decline since December 2023. 3. German and French bond yields are expected to record their largest monthly declines since April, when US tariffs boosted safe-haven demand; Japanese 30-year bond yields are also on track for their largest drop since August 2024, benefiting from easing fiscal concerns under new Prime Minister Sanae Takaichi. 4. Inflation and interest rate prospects are favorable for bonds. Lower-than-expected inflation in the UK and US strengthened bets on central bank rate cuts, pushing US 10-year Treasury yields down for the third consecutive month; market experts call this a "perfect combination." 5. Despite easing trade tensions and a partial rebound in yields from their lows, high levels of government borrowing and debt keep the market on edge. While long-term bond supply pressure has eased, structural demand remains weak. 6. Analysts emphasize the need for caution: French budget political risks, the UK's November budget exam, surging German borrowing, and Dutch pension reforms will continue to pressure the European bond market; investors should wait for stable yields before increasing their allocations.
                                                                                                    
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:46
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes of the Shanghai Futures Exchange on October 30th in China - Zinc
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            -847
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            -300
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:41
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes on the Shanghai Futures Exchange on October 30th - Copper
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            -101
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            1692
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:40
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes of the Shanghai Futures Exchange on October 30th in China - Aluminum
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            -199
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            374
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:39
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes of the Shanghai Futures Exchange on October 30th in China - Silver
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            -3599
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            9007
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:37
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes on the Shanghai Futures Exchange on October 30th - Lead
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            -100
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            -1352
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:35
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes on the Shanghai Futures Exchange on October 30th - Nickel
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            48
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            99
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:33
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes of the Shanghai Futures Exchange on October 30, China - Tin
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            73
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            50
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:30
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes on the Shanghai Futures Exchange on October 30th - Alumina
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            0
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            2389
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:28
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes of the Shanghai Futures Exchange on October 30th in China - Gold
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            801
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            0
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:28
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes of the Shanghai Futures Exchange on October 30th - Wire Rods
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            0
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            0
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:26
                                                
                                                    
                                                    
                                                        
                                                            Daily warehouse receipt changes of the Shanghai Futures Exchange on October 30 - Crude oil
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            0
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            0
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:26
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes of the Shanghai Futures Exchange on October 30th in China - Rebar
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            -1221
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            -300
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:24
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes of the Shanghai Futures Exchange on October 30th in China - Natural Rubber
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            320
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            -1220
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:21
                                                
                                                    
                                                    
                                                        
                                                            Daily warehouse receipt changes on the Shanghai Futures Exchange on October 30th in China -20 # rubber
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            -201
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            604
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:19
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes of the Shanghai Futures Exchange on October 30th in China - Pulp
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            -534
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            -486
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:18
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes of the Shanghai Futures Exchange on October 30th - Petroleum Asphalt
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            0
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            -800
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:17
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes of the Shanghai Futures Exchange on October 30th in China - Fuel oil
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            0
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            17860
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:15
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes of the Shanghai Futures Exchange on October 30th in China - Stainless Steel
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            -119
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            0
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                15:12:12
                                                
                                                    
                                                    
                                                        
                                                            Daily Warehouse receipt changes of the Shanghai Futures Exchange on October 30th in China - Hot-rolled coil
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            3402
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            -5938
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                                                            
                                                15:08:15
                                                
                                                                                                            [Ministry of Commerce: China and the US also reached consensus on issues such as fentanyl control cooperation, expanding agricultural trade, and handling individual cases involving relevant companies] A spokesperson for the Ministry of Commerce answered reporters' questions regarding the joint arrangements for the China-US Kuala Lumpur trade consultations. The spokesperson stated that the two heads of state just met in Busan, South Korea, and discussed in depth issues such as China-US economic and trade relations, agreeing to strengthen cooperation in economic and trade fields. China is willing to work with the US to jointly safeguard and implement the important consensus reached at the meeting between the two heads of state. The two sides also reached consensus on issues such as fentanyl control cooperation, expanding agricultural trade, and handling individual cases involving relevant companies. Both sides further confirmed the results of the Madrid trade consultations, with the US making positive commitments in areas such as investment. China will work with the US to properly resolve issues related to TikTok. The positive results achieved in the China-US Kuala Lumpur trade consultations fully demonstrate that both sides, adhering to the spirit of equality, respect, and mutual benefit, can find solutions to problems through dialogue and cooperation. The results of the trade consultations were hard-won, and China looks forward to working with the US to ensure their implementation, injecting more certainty and stability into China-US economic and trade cooperation and the world economy. (Ministry of Commerce)
                                                                                                    
                                             
                                                                                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                                                            
                                                15:02:50
                                                
                                                                                                            [EUR/JPY surges to 178.40 after Bank of Japan Governor Kazuo Ueda's speech] ⑴ After two consecutive days of decline, EUR/JPY regained its upward momentum, reaching a record high of 178.40 on Thursday (October 30). It is currently trading around 178.25, up approximately 0.62%. ⑵ The Bank of Japan's decision at its October policy meeting to maintain its short-term interest rate target range at 0.4%-0.5% initially boosted the currency pair significantly during the Asian session; Governor Ueda's statement that "there are no preconceived notions about the timing of the next rate hike" put further pressure on the yen. ⑶ The 14-day relative index on the daily chart is above the midline, indicating a short-term bullish bias. ⑷ On the upside, 178.50 is expected to be a short-term support level. A decisive break above this level would further strengthen the short-term bullish bias, pushing the exchange rate towards the key psychological level of 180.00. If it breaks and holds above 180, the next resistance level is around 181.00, near the top of the upward channel. (5) Markets are closely watching a series of key economic data releases: German and Eurozone unemployment rates and GDP figures are about to be released, followed by the European Central Bank's interest rate decision. The market widely expects the ECB to keep interest rates unchanged for the third consecutive time at its October meeting, and that policy may remain unchanged throughout 2025. Despite the economy showing resilience and inflation trending towards moderation, policymakers remain cautious.
                                                                                                    
                                             
                                                                                                                                                                                                                                                    
                                                15:02:47
                                                
                                                                                                            [A-Share Market Close: Major A-Share Indices Fall, 4,100 Stocks Decline] The three major A-share indices all fell today. At the close, the Shanghai Composite Index fell 0.73%, the Shenzhen Component Index fell 1.16%, the ChiNext Index fell 1.84%, and the Beijing 50 Index fell 1.3%. The total turnover of the Shanghai, Shenzhen, and Beijing stock exchanges was 2.4643 trillion yuan, an increase of 173.6 billion yuan compared to the previous day. A total of 4,100 stocks declined. In terms of sectors and themes, energy metals, steel, quantum technology, batteries, wind power equipment, port and shipping, and phosphorus chemicals sectors led the gains; while CPO, PET copper foil, coal mining and processing, gaming, lithography machines, and securities sectors led the declines.
                                                                                                    
                                             
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                                                            
                                                15:00:00
                                                
                                                                                                            [EUR/JPY surged above 177.50 after the Bank of Japan's interest rate decision; market focus on ECB policy moves] ⑴ After two consecutive days of decline, EUR/JPY regained its upward momentum, reaching a record high of 178.40 on Thursday (October 30th). It is currently trading around 178.20, up approximately 0.59%. ⑵ The Bank of Japan's decision to maintain its short-term interest rate target range at 0.4%-0.5% at its October policy meeting initially boosted the currency pair significantly during the Asian session; Governor Kazuo Ueda's statement that "there are no preconceived notions about the timing of the next rate hike" put further pressure on the yen. ⑶ The 14-day relative index on the daily chart is above the midline, indicating a short-term bullish bias. (4) On the upside, 178.50 is expected to be a short-term support level. A decisive break above this level would further strengthen the short-term bullish bias, pushing the exchange rate towards the key psychological level of 180.00. If it breaks and holds above 180, the next resistance level is expected to be around 181.00, near the top of the upward channel. (5) The market is closely watching a series of key economic data: German and Eurozone unemployment rates and GDP data are about to be released, followed by the European Central Bank's interest rate decision. The market widely expects the ECB to keep interest rates unchanged for the third consecutive time at its October meeting, and that policy may not be adjusted throughout 2025. Despite the economy showing resilience and inflation trending towards moderation, policymakers remain cautious.
                                                                                                    
                                             
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                14:31:10
                                                
                                                    
                                                    
                                                        
                                                            The preliminary annual growth rate of France's GDP in the third quarter
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            0.80%
                                                            Forecast
                                                            : 
                                                            0.60%
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            0.90%
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                14:30:41
                                                
                                                    
                                                    
                                                        
                                                            France's annual rate of consumer spending in September
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            -0.80%
                                                            Forecast
                                                            : 
                                                            -
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            -0.30%
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                        
                                                                                                                                                                                        
                                            
                                                14:30:33
                                                
                                                    
                                                    
                                                        
                                                            France's monthly rate of consumer spending in September
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            0.10%
                                                            Forecast
                                                            : 
                                                            0.10%
                                                        
                                                     
                                                                                                        
                                                        
                                                        Published Value
                                                            0.30%
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                                                                                                                
                                                                                                                                                                                                                                                                                        
                                            
                                                14:30:10
                                                
                                                    
                                                    
                                                        
                                                            The preliminary value of France's GDP growth rate for the third quarter
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            0.30%
                                                            Forecast
                                                            : 
                                                            0.20%
                                                        
                                                     
                                                                                                            
                                                                                                        
                                                        
                                                        Published Value
                                                            0.50%
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                                                                                                                
                                                                                                                                                                                                                                                                                        
                                            
                                                14:30:02
                                                
                                                    
                                                    
                                                        
                                                            The preliminary value of France's GDP growth rate for the third quarter
                                                            
                                                        
                                                        
                                                            Previous
                                                            : 
                                                            0.30%
                                                            Forecast
                                                            : 
                                                            0.20%
                                                        
                                                     
                                                                                                            
                                                                                                        
                                                        
                                                        Published Value
                                                            0.50%
                                                        
                                                        Previous
                                                     
                                                 
                                             
                                                                                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                                                                                                            
                                                14:23:53
                                                
                                                                                                            [Xi Jinping: China Will Further Deepen Comprehensive Reform and Expand Opening-up, Striving to Achieve Effective Quality Improvement and Reasonable Quantitative Growth in the Economy] On October 30 local time, President Xi Jinping met with US President Trump in Busan. Xi Jinping emphasized that China's economic development momentum is good, with a growth rate of 5.2% in the first three quarters of this year and a 4% increase in imports and exports of goods to the world. This was achieved despite internal and external difficulties and is hard-won. The Chinese economy is like a vast ocean, with considerable scale, resilience, and potential. We have the confidence and ability to cope with various risks and challenges. The Fourth Plenary Session of the 20th CPC Central Committee reviewed and approved the proposals for the national economic and social development plan for the next five years. For more than 70 years, we have adhered to a single blueprint, working generation after generation, never seeking to challenge or replace anyone, but rather focusing on doing our own things well, becoming a better version of ourselves, and sharing development opportunities with other countries. This is a key to China's success. China will further deepen comprehensive reform and expand opening-up, striving to achieve effective quality improvement and reasonable quantitative growth in the economy, promoting the all-round development of people and common prosperity for all. It is believed that this will also open up broader space for Sino-US cooperation. (CCTV)