China's cabinet orders stronger economic stimulus.
Today's events
Cabinet stimulus.
Premier Li Qiang's State Council meeting ordered stronger counter-cyclical stimulus, with faster bond issuance and fresh measures to steady the property market.1Sep 28 · State CouncilReciprocal tariff cuts.
Commerce Ministry published the framework agreed with Washington: each side cuts tariffs on about $30 billion of imports, over 90% to most-favored-nation rates.2Sep 28 · Commerce MinistrySafer China directive.
Xi ordered a “higher-level Safe China” built on his holistic national-security doctrine; a national work conference convened in Beijing and named 60 model cities.3Sep 28 · State CouncilIndustrial profits.
Statistics Bureau reported profits at large industrial firms up 15.7% in the first eight months, with electronics profits more than doubling and steel down 62%.4Sep 28 · Statistics BureauServices lending push.
Central bank and seven other agencies issued 19 measures pushing lenders away from collateral-heavy financing toward asset-light service firms, from logistics to eldercare.5Sep 28 · Central bankState firms' spending plan.
State-asset regulator said central state firms will invest about 2 trillion yuan this year in “six networks” infrastructure, with research spending again topping 1 trillion.6Sep 28 · State CouncilWinter gas supply.
Energy administration convened the oil majors and the pipeline operator to fill storage before winter, citing Middle East turmoil and extreme weather as risks.7Sep 28 · Energy AdministrationGlobal Development Initiative.
Foreign Ministry said the initiative's projects now run in over 120 countries; Vice President Han Zheng pledged training for 10,000 engineers from developing nations.8Sep 28 · Foreign MinistryPlatform liability rule.
Supreme People's Court published cases establishing that video platforms able to filter piracy cannot rely on notice-and-takedown alone; one paid over one million yuan.9Sep 29 · Supreme Court
Voices
“Keep working so that the country is more secure, society more orderly, governance more effective and the people more satisfied.”
General Secretary Xi Jinping, directive on a Safe China · Sep 283
“Given the problems emerging in the economy, counter-cyclical macro policy must be stepped up to complete the year's development targets.”
State Council executive meeting readout · Sep 281
“Five years of practice show that China is committed to progress for humanity and harmony for the world, offering a Chinese approach to common development.”
Foreign Ministry Spokesperson Guo Jiakun · Sep 288
“We believe the Trade Council will provide a platform for lengthening the list of cooperation and shortening the list of problems between China and the United States.”
Ministry of Commerce, on the China–U.S. Trade Council · Sep 282
“We must recognize clearly that securing heating-season gas supply still faces challenges from continuing turmoil in the Middle East, natural disasters and extreme weather.”
National Energy Administration, winter supply meeting · Sep 287
“When a video platform has the technical ability to identify infringing content, ‘notice and takedown’ is no longer an all-purpose shield — only a minimum obligation.”
Supreme People's Court, elevated-jurisdiction case selection · Sep 299
Sources
- State Council (gov.cn), “Li Qiang chairs a State Council executive meeting: making macro policy more forceful and effective, promoting effective investment,” September 28, 2026. gov.cn/yaowen/…/state-council-executive-meeting
- Ministry of Commerce, “Ministry of Commerce announces the China–U.S. Trade Council and the ‘$30 billion for $30 billion’ reciprocal tariff-reduction framework,” September 28, 2026. mofcom.gov.cn/xwfb/…/trade-council-tariff-framework
- State Council (gov.cn), “Xi Jinping issues important instructions on building a higher-level Safe China,” September 28, 2026. gov.cn/yaowen/…/xi-safe-china-instructions
- National Bureau of Statistics, “Profits of national industrial enterprises above designated size grew 15.7 percent, January–August 2026,” September 28, 2026. stats.gov.cn/sj/zxfb/…/industrial-profits-jan-aug
- People's Bank of China, “The People's Bank of China and seven other departments jointly issue Guiding Opinions on financial support for expanding and upgrading the service sector,” September 28, 2026. pbc.gov.cn/goutongjiaoliu/…/finance-for-services
- State Council (gov.cn), “Starting the 15th Five-Year Plan well: advancing new development for state-owned central enterprises,” September 28, 2026. gov.cn/yaowen/…/central-soe-15fyp-briefing
- National Energy Administration, “Special meeting assessing natural-gas supply for the 2026–2027 heating season,” September 28, 2026. nea.gov.cn/…/heating-season-gas-supply
- Ministry of Foreign Affairs, “Regular press conference by Foreign Ministry Spokesperson Guo Jiakun,” September 28, 2026. mfa.gov.cn/wjdt/fyrbt/…/guo-jiakun-sep-28
- Supreme People's Court, “Elevated jurisdiction: a close look at the Supreme People's Court's typical elevated-jurisdiction cases,” September 29, 2026. court.gov.cn/zixun/…/elevated-jurisdiction-cases