Party journal publishes Xi article on social welfare.
Today's events
Xi on welfare.
Qiushi's October 1 issue carries Xi's article on basic, inclusive livelihood building, remarks since 2012 restating common prosperity and warning against welfarism.1Sep 30 · QiushiCredit for services.
Central bank and seven agencies issued nineteen measures pressing banks to lend against intangible assets instead of collateral, to fund service industries.2Sep 28 · PBOCEuropean chemical probe.
Commerce ministry opened an anti-dumping investigation into European nitrotoluene after import prices fell nearly 60% since 2022.3Oct 3 · MOFCOMCarmakers abroad.
Commerce and industry ministries plus the market regulator issued twenty articles of guidance on how Chinese carmakers should compete and comply overseas.4Sep 30 · MOFCOMClimate disclosure rules.
Finance ministry circulated draft climate-reporting guidance plus industry rules for power, steel, coal, oil and five other heavy sectors.5Sep 29 · MOFIndustrial profits.
Profits at large industrial firms rose 15.7% in the first eight months; electronics profits doubled while carmakers fell 16% and steel 62%.6Sep 28 · Stats BureauWinter gas supply.
Energy administration ordered producers to fill underground storage and keep coastal liquefied-gas tanks high, citing continuing Middle East turbulence.7Sep 28 · NEAGrassroots market police.
A State Council regulation effective November 1 gives county-level market-supervision stations legal standing to register businesses and police food, drugs and advertising.8Sep 26 · State CouncilIran talks.
Foreign ministry said it supports a political and diplomatic settlement and urged Iran and the United States to return to the Islamabad memorandum.9Sep 30 · MFA
Voices
“Government cannot cover everything; the focus is strengthening basic, inclusive and bottom-line livelihood protection … resolutely prevent falling into the ‘welfarism’ trap of breeding idlers.”
Xi Jinping, article in Qiushi · Sep 301
“Financial institutions must shift away from the traditional asset-heavy, collateral-heavy financing mindset and work to solve the funding difficulties of asset-light firms.”
People's Bank of China and seven departments, guiding opinion · Sep 282
“China has consistently taken a prudent and restrained position on trade remedies … the European Union needs to face its own trade problems and resolve concerns through consultation.”
Commerce Ministry spokesperson · Oct 33
“China supports resolving the dispute by political and diplomatic means; we hope Iran and the United States hold to the peaceful choice and return to the Islamabad memorandum.”
MFA Spokesperson Guo Jiakun · Sep 309
“We must soberly recognise that heating-season gas supply still faces challenges from continuing turbulence in the Middle East, natural disasters and extreme weather.”
National Energy Administration, supply-season meeting · Sep 287
“The work of market-supervision stations upholds the leadership of the Communist Party, puts the people at the centre, administers by law, safeguards safety and serves development.”
Regulations on Market Supervision Stations, Article 2 · Sep 268
Sources
- Qiushi (via Cyberspace Administration of China), “Xi Jinping: Strengthen Inclusive, Basic and Bottom-Line Livelihood Construction,” September 30, 2026. cac.gov.cn/2026-09/30/…/xi-livelihood-construction
- People's Bank of China, “The People's Bank of China and Seven Other Departments Jointly Issue the Guiding Opinions on Financial Support for Expanding Capacity and Improving Quality in the Service Sector,” September 28, 2026. pbc.gov.cn/goutongjiaoliu/…/financial-support-services
- Ministry of Commerce, “Spokesperson Answers Questions on the Anti-Dumping Investigation into Imports of p-Nitrotoluene Originating in the European Union,” October 3, 2026. mofcom.gov.cn/xwfb/…/eu-nitrotoluene-antidumping
- Ministry of Commerce, “Head of the Department of Outward Investment and Economic Cooperation Explains the Guidelines on Overseas Competitive Conduct and Compliance Building in the Automotive Industry,” September 30, 2026. mofcom.gov.cn/xwfb/…/auto-overseas-compliance-guidelines
- Ministry of Finance, “Letter Seeking Comments on the Draft Application Guidance for Corporate Sustainability Disclosure Standard No. 1 — Climate (Trial) and Nine Industry Guides Including Power,” September 29, 2026. kjs.mof.gov.cn/gongzuotongzhi/…/climate-disclosure-guidance
- National Bureau of Statistics, “Profits of Industrial Enterprises Above Designated Size Grew 15.7 Percent in January–August 2026,” September 28, 2026. stats.gov.cn/sj/zxfb/…/industrial-profits-jan-aug
- National Energy Administration, “National Energy Administration Convenes Meeting to Assess Natural-Gas Supply for the 2026–2027 Heating Season,” September 28, 2026. nea.gov.cn/20260928/…/heating-season-gas-supply
- State Council, “Regulations on Market Supervision and Administration Stations” (State Council Order No. 846, effective November 1, 2026), September 26, 2026. gov.cn/zhengce/content/…/market-supervision-stations
- Ministry of Foreign Affairs, “Foreign Ministry Spokesperson Guo Jiakun's Regular Press Conference on September 30, 2026,” September 30, 2026. mfa.gov.cn/wjdt/fyrbt/…/presser-2026-09-30