China and the Philippines agree to stabilise relations.
Today's events
Call with the Philippines.
Foreign minister Wang Yi and his Philippine counterpart reached a three-point consensus: keep diplomatic dialogue, manage differences responsibly, oppose malicious provocations.1Nov 3 · State CouncilFinancial law.
Second-reading draft would bar institutions outside China from offering financial products inside the country without approval from financial regulators.2Nov 2 · LegislatureTransparent conscription.
Cabinet and the commission that runs the armed forces ordered recruitment put wholly online and open at every step, to clean up conduct.3Nov 4 · Military OnlineRules for AI agents.
Internet regulator proposed an eight-point international initiative at the Wuzhen summit, seeking open standards so AI agents across platforms can work together.4Nov 4 · Internet RegulatorHong Kong's first five-year plan.
Vice premier He Lifeng told a Hong Kong finance summit the city has written its own five-year plan to match the national one.5Nov 4 · State CouncilState assets law.
Second-reading draft has the cabinet act as owner for large state firms tied to national economic lifelines and national security.6Nov 2 · LegislaturePenalty rulebook.
Market regulator turned its penalty-discretion guidance into a binding rule that sorts penalties into five tiers, from none at all to aggravated.7Nov 4 · Market RegulatorImport expo opens.
The ninth import fair runs November 5–10 in Shanghai, with Gabon's president and Austria's chancellor among the foreign leaders at the opening.8Nov 3 · Foreign MinistryA former vice premier's funeral.
Xinhua reported Xi and other leaders bidding farewell to Liu Yandong, a former vice premier and Politburo member, cremated in Beijing.9Nov 3 · Qiushi
Voices
“A few Philippine politicians, out of political prejudice and private interest, repeatedly attack and smear China and trample on China's red lines. This is irrational and intolerable.”
Foreign Minister Wang Yi, call with the Philippines · Nov 31
“China has always held that military means cannot solve the problem; they will only heighten tensions and escalate the situation, which serves no party's interest.”
Foreign Ministry Spokesperson Mao Ning · Nov 38
“Institutions or individuals outside the People's Republic of China may not provide financial products or services within China without approval from the State Council's financial regulators.”
Financial Law, second-reading draft · Nov 22
“We propose jointly setting open, non-discriminatory and transparent international standards for agent interoperability, moving multiple agents from tool-like interaction towards trusted collaboration.”
Intelligent Internet cooperation initiative, internet regulator · Nov 44
“Advancing full-chain sunshine operation is the fundamental measure: standardise working order, purify conduct and raise recruitment quality — the whole process online, all data shown, every link transparent.”
Implementation Opinions on Full-Chain Sunshine Conscription · Nov 43
“An outstanding member of the Communist Party, a time-tested and loyal communist fighter, an eminent leader in united-front work, education, science, health and women's and children's affairs.”
Xinhua obituary for Liu Yandong · Nov 39
Sources
- State Council, “Wang Yi Holds Phone Talks with Philippine Foreign Secretary Lazaro,” November 3, 2026. gov.cn/yaowen/…/wang-yi-philippines-call
- National People's Congress, “Strengthening the Regulation of Internet Financial Activities” (Financial Law, second-reading draft, reviewed November 2), November 4, 2026. npc.gov.cn/c2/…/financial-law-second-reading
- China Military Online, “General Offices of the State Council and the Central Military Commission Issue the Implementation Opinions on Advancing Full-Chain Sunshine Conscription,” November 4, 2026. 81.cn/jwtt/…/sunshine-conscription
- Cyberspace Administration of China, “Initiative for Cooperation on the Innovative Development of the Intelligent Internet,” November 4, 2026. cac.gov.cn/2026-11/04/…/intelligent-internet-initiative
- State Council, “He Lifeng Delivers a Video Address at the Global Financial Leaders' Investment Summit in Hong Kong,” November 4, 2026. gov.cn/yaowen/…/he-lifeng-hong-kong-summit
- National People's Congress, “Safeguarding the Consolidation and Development of the State-Owned Economy” (State-Owned Assets Law, second-reading draft, reviewed November 2), November 4, 2026. npc.gov.cn/c2/…/state-owned-assets-law
- State Administration for Market Regulation, “The Market Regulator Issues the Provisions on Discretion in Administrative Penalties for Market Supervision,” November 4, 2026. samr.gov.cn/xw/zj/…/penalty-discretion-provisions
- Ministry of Foreign Affairs, “Foreign Ministry Spokesperson Mao Ning's Regular Press Conference,” November 3, 2026. mfa.gov.cn/wjdt/fyrbt/…/mao-ning-nov-3
- Qiushi, “Comrade Liu Yandong's Remains Cremated in Beijing; Xi Jinping and Others Bid Farewell at Babaoshan Revolutionary Cemetery,” November 3, 2026. qstheory.cn/20261103/…/liu-yandong-farewell