A【October 9th Evening News Selection】
1. The Central Committee of the Communist Party of China and the State Council issued the "Opinions on Developing New Productivity". The opinions deploy 19 key measures, covering five aspects: vigorously promoting technological innovation, promoting the deep integration of technological innovation and industrial innovation, focusing on promoting innovation in development methods, solidly promoting innovation in systems and mechanisms, and deepening innovation in talent work mechanisms.
2. Vice Premier He Lifeng met with European Commission Commissioner for Trade and Economic Security Sefcovic in Beijing on the afternoon of the 9th. The two sides exchanged views on China-EU economic and trade relations. He Lifeng said that China has always attached great importance to developing economic and trade relations with the EU and is willing to work with the EU to implement the important consensus reached by leaders of both sides.
3. Minister of Commerce Wang Wentao co-chaired the second regular meeting of the China-EU Trade and Investment Consultation Mechanism in Beijing with European Commission Trade and Economic Security Commissioner Sevcovic and issued a joint statement. The two sides agreed to continue to maintain communication and consultation on market access issues, gradually promote the resolution of mutual concerns such as medical devices, agricultural and food products, and inverter financing bans, and continue to promote an upward balance in China-EU trade. Both sides agreed to further strengthen the China-EU export control dialogue mechanism, continue to strengthen policy communication, promote the resolution of individual concerns of both parties, and study the possibility of introducing facilitation measures.
4. For the first time in 12 years, the China Securities Regulatory Commission revised and issued the "Measures for the Operation and Management of Publicly Offered Securities Investment Funds (Draft for Comments)", which plans to lower the establishment threshold of equity funds, hybrid funds, and FOF from 200 million yuan to 50 million yuan, and plans to lift the mandatory liquidation line of "200 million yuan in three years" for sponsored funds and level the exit conditions with ordinary funds.
5. The Ministry of Finance released a report on China’s fiscal policy implementation in the first half of 2026, proposing to effectively and effectively implement more proactive fiscal policies to support the all-round expansion of domestic demand.
6. The Ministry of Finance recently arranged to use local government debt balance limit of 550 billion yuan to improve counties and districts’ general public budget security capabilities and support local governments to expand effective investment.
7. According to calculations by the data center of the Ministry of Culture and Tourism, during the seven-day National Day holiday, there were 826 million domestic trips across the country, and the total domestic travel expenditure was 738.375 billion yuan, an increase of 6.3% and 4.3% respectively year-on-year in 2025 on a comparable basis (daily average).
8. As the cost of memory chips has risen sharply, forcing Apple to raise prices and suppressing consumer demand, Apple has asked some suppliers to reduce component production for the newly released iPhone 18 Pro and iPhone 18 Pro Max.
9. Company announcements: ① Tianfu Communications responded to rumors of overseas import and export policy restrictions: Currently, relevant policies do not restrict optical device products and do not affect the company’s business; ② Bohai Leasing: A subsidiary of its holding subsidiary Avolon plans to purchase 140 B737 MAX series aircraft from Boeing The total value does not exceed US$26.953 billion; ③ Guanghe Technology: Net profit is expected to increase by 100%-107% year-on-year in the first three quarters; ④ Jingwang Electronics: Net profit in the third quarter is expected to increase 205%-265% year-on-year; ⑤ Hongfuhan: In the first three quarters Net profit is expected to increase by 108%-145% year-on-year; ⑥ China Jushi: Net profit in the first three quarters is expected to increase by 100%-110% year-on-year; ⑦ Luxshare Precision: No overseas control-related matters have been found to have a significant adverse impact on the company's overall production and operations. B[A British Airways passenger plane plunged 8,230 meters in 7 minutes] October 6th, according to US media reports, on October 5th local time, a British Airways passenger plane declared a state of emergency while en route from London to Chicago, the United States. According to data from flight tracking websites, about 30 minutes after takeoff, the flight altitude of the Boeing 777 dropped from 36,000 feet (10,972.8 meters) to 9,000 feet (2,743.2 meters) in about 7 minutes, which means it dropped almost 8,230 meters. The cause of the accident is currently unclear. The passenger plane turned around over Ireland and then circled over the Bristol Channel in western England for about four hours before finally landing at London Heathrow Airport at 5 p.m. local time. (CCTV International News) B[National Transportation Safety Board: The black box of the Boeing cargo plane that overran the runway has been found] On September 8, the U.S. National Transportation Safety Board held a press conference on September 7, local time, to report on the latest incident of an Amazon Boeing 767-300 cargo plane at Miami International Airport. It is reported that the flight took off from San Juan, Puerto Rico, with two crew members on board. The plane overran the runway during landing, hit navigation aids and equipment, and then hit a van carrying seven people. The vehicle belonged to a contractor that provides cleaning services to airlines. The aircraft then broke through the perimeter fence and hit a moving vehicle. The plane then plunged into the grass and hit another fence. In total, the aircraft taxied about 1,300 feet. At present, investigators have begun to collect relevant information, and the aftermath and recovery work are still ongoing. They have successfully recovered the flight data recorder (black box) and cockpit voice recorder. The devices will be sent to the National Transportation Safety Board headquarters that evening for data reading and analysis. (CCTV News) B[A U.S. cargo plane overshot the runway, crashed and caught fire] September 7th, at around 2 p.m. local time on September 6, a U.S. Amazon cargo plane overran the runway at Miami International Airport, triggering a large-scale emergency response and suspending operations at the airport. The FAA said the Boeing 767-300 cargo plane took off from San Juan, Puerto Rico and overran the runway after landing at Miami International Airport. Video from the scene showed that the large cargo plane had rushed out of the airport area, hit multiple vehicles, and burst into flames. The Miami-Dade County Fire Department dispatched about 60 rescue vehicles to the scene and reported that multiple injured people were found at the scene. Miami International Airport has temporarily closed all runways and taxiways, implemented ground operations, and suspended flights in and out. So far, the official number of casualties has not been announced. It's unclear why the plane overran the runway. (CCTV International News) B[Boeing delivers the last three O3b mPOWER satellites and completes the first batch of 13 satellite constellations] On September 3rd, Boeing announced on September 2nd local time that it had delivered the last three satellites of the O3b mPOWER constellation, F11, F12 and F13, to satellite communications company SES, marking the completion of the delivery of the first batch of 13 satellite constellations for the project. The three satellites are scheduled to be launched from the Space Coast of Florida, USA, in September and are expected to be put into operation in mid-2027 after orbit raising and initialization. O3b mPOWER operates in Medium Earth Orbit (MEO) and can provide low-latency, high-throughput and dedicated bandwidth connection services for government agencies, mobile operators, airlines and cruise ships.
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