China's Communist Party meets in Beijing on discipline.
Today's events
Party plenum.
The Central Committee's fifth plenary session runs in Beijing October 26–29 to adopt strategy on comprehensive strict Party governance, a Xinhua editorial in Qiushi said.1Oct 27 · QiushiTariff rollback.
Commerce Ministry published a framework cutting duties on about $30 billion of imports each way; over 90% of listed goods lose all retaliatory tariffs.2Oct 27 · MOFCOMOil and gas plan.
The Energy Administration deployed a ten-year oil-and-gas exploration plan, ordering state producers to build national strategic reserve bases and lift crude output steadily.3Oct 23 · NEADiscipline tally.
Qiushi commentary, October 28: 538,000 cases opened and 412,000 people punished in the first half of 2026, including 74 at provincial rank or above.4Oct 28 · QiushiBond market backstop.
The central bank created a swap facility letting big wealth-management and fund managers borrow central-bank bills to repurchase bonds during mass redemptions.5Oct 26 · PBOCArtificial intelligence and jobs.
The State Council ordered an “employment-friendly” growth model as automation spreads, widening subsidized loans for firms that keep or add staff.6Oct 23 · State CouncilIndustrial profits.
Profits at large industrial firms rose 15.5% over nine months to 6.03 trillion yuan; electronics doubled while carmakers fell 22.8% and steel 73.3%.7Oct 27 · Stats BureauProtest to London.
The Foreign Ministry filed a formal protest after British border officers detained Chinese travelers for long periods and seized their phones.8Oct 27 · MFAShipping documents treaty.
China signed the United Nations transferable goods documents convention in Accra as one of 26 first signatories, ending the bill of lading's monopoly on title.9Oct 27 · MOFCOM
Voices
“Persevere in comprehensive strict Party governance, continually achieving the Party's self-purification, self-improvement, self-renewal and self-elevation, so the Party always remains the strong leadership core of socialism with Chinese characteristics.”
Xi Jinping, Long March 90th anniversary address, Beijing · Oct 224
“China expresses strong dissatisfaction and grave concern at the British police's arbitrary and excessive enforcement, and has filed a formal protest with the British side.”
MFA Spokesperson Guo Jiakun · Oct 278
“The trade council will provide an important platform for steadily lengthening the list of cooperation and shortening the list of problems between China and the United States.”
Ministry of Commerce, statement on the China–U.S. Trade Council · Oct 272
“To uphold stability in the bond market, the People's Bank of China has decided to establish a Bond Market Non-Bank Large Redemption Swap Facility.”
People's Bank of China, Open Market Operations Office · Oct 265
“Oil and gas firms must shoulder the core duty of safeguarding national energy security and keep the energy bowl firmly in our own hands.”
National Energy Administration work conference · Oct 213
“Employment is the most basic of livelihoods. [We must] actively adapt to the development of artificial-intelligence technology and help build an employment-friendly development pattern.”
State Council General Office, Opinion No. 29 of 2026 · Oct 236
Sources
- Qiushi (求是网), “Advancing Comprehensive Strict Party Governance with the Perseverance of a Journey Never Finished” (以永远在路上的坚韧和执着推进全面从严治党), Xinhua editorial, October 27, 2026. qstheory.cn/20261027/…/strict-party-governance
- Ministry of Commerce (商务部), “MOFCOM Releases Details of the China–U.S. Trade Council and the ‘$30bn-for-$30bn’ Reciprocal Tariff-Reduction Framework” (商务部公布中美贸易理事会和“300亿对300亿”对等降税框架有关情况), October 27, 2026. mofcom.gov.cn/xwfb/…/trade-council-tariff-framework
- National Energy Administration (国家能源局), “Energy Administration Convenes Work Conference on Medium- and Long-Term Oil and Gas Reserve and Production Growth” (国家能源局召开中长期油气增储上产工作推进会), October 23, 2026. nea.gov.cn/20261023/…/oil-gas-ten-year-plan
- Qiushi (求是网), “Continually Achieving the Party's Self-Purification, Self-Improvement, Self-Renewal and Self-Elevation” (不断实现党的自我净化、自我完善、自我革新、自我提高), October 28, 2026. qstheory.cn/20261028/…/party-self-purification
- People's Bank of China (中国人民银行), “PBOC Establishes the Bond Market Non-Bank Large Redemption Swap Facility” (中国人民银行设立债市非银大额赎回互换便利), Open Market Operations Announcement No. 12 of 2026, October 26, 2026. pbc.gov.cn/goutongjiaoliu/…/bond-market-swap-facility
- State Council (中国政府网), “State Council General Office Opinion on Adapting to the Development of Artificial-Intelligence Technology and Helping Build an Employment-Friendly Development Pattern” (国办发〔2026〕29号), October 23, 2026. gov.cn/zhengce/…/ai-employment-friendly-opinion
- National Bureau of Statistics (国家统计局), “Profits of Large Industrial Enterprises Rose 15.5% in January–September 2026” (2026年1—9月份全国规模以上工业企业利润增长15.5%), October 27, 2026. stats.gov.cn/sj/zxfb/…/industrial-profits-jan-sep
- Ministry of Foreign Affairs (外交部), “Regular Press Conference Held by Spokesperson Guo Jiakun” (2026年10月27日外交部发言人郭嘉昆主持例行记者会), October 27, 2026. mfa.gov.cn/wjdt/fyrbt/…/guo-jiakun-oct-27
- Ministry of Commerce (商务部), “China Signs the United Nations Convention on Transferable Goods Documents as a First Signatory” (中国作为首批签约国签署《联合国可转让货物单证公约》), October 27, 2026. mofcom.gov.cn/xwfb/…/un-transferable-goods-documents