Hong Kong memorial, housing fund rules · Sep 20

Hong Kong holds public memorial for first leader.

Today's events

Hong Kong memorial.
A public ceremony mourned Tung Chee-hwa, Hong Kong's first chief executive; a Politburo member gave the eulogy and the national flag draped his coffin.¹Sep 20 · State Council
Housing fund rules.
Revised State Council rules took effect today letting workers withdraw housing-fund savings for rent, renovation and property fees, and opening voluntary accounts to gig workers.²Sep 17 · State Council
Power-accident rules.
Premier Li Qiang signed a rewritten regulation on power-system accidents, effective January 2027, raising company fines to as much as five million yuan.³Sep 19 · State Council
Next-generation network.
Industry ministry's five-year telecom plan targets a complete next-generation network by 2030, merging communications, sensing and computing — Qiushi commentary, Sept 20.⁴Sep 20 · Qiushi
Secondary tariffs.
Commerce Ministry answered a new American law threatening 100 percent tariffs on buyers of Russian oil, saying China reserves the right to respond.⁵Sep 19 · Commerce Ministry
Land-sale slump.
Land-sale revenue fell 28.6 percent over eight months even as tax receipts rose 6.6 percent, with securities stamp duty up 82 percent.⁶Sep 18 · Finance Ministry
Benchmark lending rates.
Central bank published the loan prime rate at 3.0 percent for one year and 3.5 percent for five years and longer.⁷Sep 20 · Central Bank
Bank purge.
Discipline body expelled Bank of China's former Zhejiang branch chief from the Party and public office, sending his case to prosecutors for bribery.⁸Sep 18 · Discipline Commission
Europe supplier ban.
Foreign ministry cited seventeen European telecom operators warning that a proposed European ban on non-European suppliers would cost 40 billion euros in replacements.⁹Sep 16 · Foreign Ministry

Voices

“We will continue to follow closely what the United States does next, and we reserve the right to take all necessary measures to defend China's sovereignty and development interests.”
Commerce Ministry Spokesperson · Sep 19⁵

“Protectionism cannot buy competitiveness. It will only forfeit the opportunities of digital transformation and damage Europe's image as an open market.”
Foreign Ministry Spokesperson Guo Jiakun · Sep 16⁹

“No unit and no individual may obstruct or interfere with the reporting of an accident, its emergency handling, or its investigation under the law.”
State Council Decree No. 845, on power-system accidents · Sep 19³

“He lost his ideals and convictions, betrayed his founding mission, disregarded Party discipline and state law, moved and concealed evidence, and resisted the organisation's investigation.”
Central Discipline Commission, on Bank of China's former Zhejiang chief · Sep 18⁸

“It is not a simple expansion or upgrade of traditional networks, but digital infrastructure for the age of intelligence — an information artery running through economic and social development.”
Qiushi commentary on the new-generation network · Sep 20⁴

“An outstanding contributor to ‘one country, two systems,’ a renowned patriot, an outstanding social activist, and a close friend of the Communist Party of China.”
Official memorial notice for Hong Kong's first chief executive · Sep 20¹

Sources

State Council (中国政府网), “Public Memorial Ceremony for Mr Tung Chee-hwa Held in Hong Kong” (董建华先生公祭仪式在香港举行), September 20, 2026. gov.cn/yaowen/liebiao/202609/…/content_7081562
State Council (中国政府网), “Decision of the State Council on Amending the Housing Provident Fund Regulations” (国务院关于修改《住房公积金管理条例》的决定, State Council Decree No. 844), September 17, 2026. gov.cn/zhengce/content/202608/…/content_7078477
State Council (中国政府网), “Regulations on Emergency Response to and Investigation and Handling of Electric Power Safety Accidents” (电力安全事故应急处置和调查处理条例, State Council Decree No. 845), September 19, 2026. gov.cn/zhengce/content/202609/…/content_7080188
Qiushi (求是网), “The New-Generation Communications Network Is More Than Expansion and Upgrading” (新一代通信网不止于扩容升级), September 20, 2026. qstheory.cn/20260920/…/new-generation-network
Ministry of Commerce (商务部), “Spokesperson Answers Questions on the U.S. Signing the Graham Sanctioning Russia and Iran Act of 2026 into Law,” September 19, 2026. mofcom.gov.cn/xwfb/xwfyrth/…/graham-act
Ministry of Finance (财政部), “Fiscal Revenue and Expenditure, January–August 2026” (2026年1-8月财政收支情况), September 18, 2026. gks.mof.gov.cn/tongjishuju/202609/…/t20260918
People's Bank of China (中国人民银行), “Loan Prime Rate Announcement of September 20, 2026” (2026年9月20日贷款市场报价利率公告), September 20, 2026. pbc.gov.cn/zhengcehuobisi/…/lpr-2026-09-20
Central Commission for Discipline Inspection (中央纪委国家监委), “Cheng Jun, Former Party Secretary and President of Bank of China's Zhejiang Branch, Expelled from the Party and from Public Office,” September 18, 2026. ccdi.gov.cn/yaowenn/202609/…/t20260918_513193
Ministry of Foreign Affairs (外交部), “Regular Press Conference Held by Spokesperson Guo Jiakun on September 16, 2026,” September 16, 2026. mfa.gov.cn/wjdt_674879/fyrbt_674889/…/t20260916