Xi offers Taiwan dialogue, eases US curbs · Nov 12

Xi offers Taiwan dialogue on reunification.

Today's events

Taiwan dialogue offer.
Xi marked the 160th anniversary of Sun Yat-sen's birth in Beijing by offering talks with Taiwanese figures on reunification, while ruling out space for independence.¹Nov 12 · State Council
Central bank report.
The People's Bank held its “moderately loose” stance, cut the pledged-lending rate 0.25 points, and raised sci-tech relending support from 60% to 100%.²Nov 11 · PBOC
US blacklist pause.
Commerce Ministry extended by two months its suspension of countermeasures against eleven American companies, implementing consensus from the eighth round of China-US trade talks.³Nov 9 · MOFCOM
October factory prices.
Producer prices rose 5.7% from a year earlier and 0.7% on the month, with extractive-industry prices up 27.9% and raw materials up 11.6%.⁴Nov 9 · Stats Bureau
Premier's Manila trip.
Li Qiang visits Thailand November 13–15, then attends the China–Southeast Asia leaders' meeting, pressing to bring the upgraded free-trade protocol into force.⁵Nov 11 · MFA
Chairman expelled from the Party.
Liu Qitao, former Party secretary and chairman of China Communications Construction Group, was expelled and his bribery case sent to prosecutors.⁶Nov 10 · CCDI
Artificial intelligence push.
Central planners said the coming five-year plan will aim artificial intelligence first at mining, high-altitude work and disaster relief — the dangerous, dirty, hard jobs.⁷Nov 11 · State Council
Fuel price cut.
Central planners lowered gasoline and diesel by 645 and 625 yuan per tonne from midnight, tracking a retreat in international crude.⁸Nov 12 · NDRC
Caging official power.
A Qiushi commentary, November 12, unpacked the Fifth Plenum decision's call to put public power “in an institutional cage” more scientifically and effectively.⁹Nov 12 · Qiushi

Voices

“We will fully consider Taiwan's realities and fully accommodate the interests and feelings of Taiwan compatriots, but we will never leave any space for ‘Taiwan independence’ separatist activities.”
Xi Jinping, General Secretary of the Communist Party · Nov 12¹

“China's main economic indicators show more positive change, but we still face strong supply and weak demand, structural divergence and external shocks.”
China Monetary Policy Report, Q3 2026, People's Bank of China · Nov 11²

“To implement the consensus of the eighth round of China-US economic and trade consultations, China will keep the relevant measures suspended for two months from November 10.”
Spokesperson, Ministry of Commerce · Nov 9³

“He was eager for quick results and recklessly forced things through, using superficially rapid performance growth to harvest political capital.”
Disciplinary findings on Liu Qitao, Central Commission for Discipline Inspection · Nov 10⁶

“China has always upheld the principle of non-interference in other countries' internal affairs, and has never had any interest in interfering in Canada's internal affairs.”
Guo Jiakun, Foreign Ministry Spokesperson · Nov 11⁵

“Checking and supervising power depends on ideals and ideological education, but also on institution-building — institutions are more fundamental, comprehensive, stable and lasting.”
Qiushi commentary, Party Theoretical Journal · Nov 12⁹

Sources

State Council (gov.cn), “Xi Jinping: Speech at the Meeting Commemorating the 160th Anniversary of the Birth of Mr. Sun Yat-sen” (习近平：在纪念孙中山先生诞辰160周年大会上的讲话), November 12, 2026. gov.cn/yaowen/…/content_7085884
People's Bank of China, “China Monetary Policy Report, Q3 2026” (2026年第三季度中国货币政策执行报告), November 11, 2026. pbc.gov.cn/goutongjiaoliu/…/q3-2026-monetary-policy-report
Ministry of Commerce, “Commerce Ministry Spokesperson Answers Questions on Adjusting Unreliable Entity List Measures” (商务部新闻发言人就调整不可靠实体清单措施答记者问), November 9, 2026. mofcom.gov.cn/xwfb/…/unreliable-entity-list
National Bureau of Statistics, “Producer Prices for Industrial Products Rose 5.7% Year-on-Year and 0.7% Month-on-Month in October 2026” (2026年10月份工业生产者出厂价格同比上涨5.7% 环比上涨0.7%), November 9, 2026. stats.gov.cn/sj/zxfb/…/october-ppi
Ministry of Foreign Affairs, “Regular Press Conference Held by Foreign Ministry Spokesperson Guo Jiakun on November 11, 2026” (2026年11月11日外交部发言人郭嘉昆主持例行记者会), November 11, 2026. mfa.gov.cn/wjdt/fyrbt/…/guo-jiakun-nov-11
Central Commission for Discipline Inspection, “Liu Qitao, Former Party Secretary and Chairman of China Communications Construction Group Co., Ltd., Expelled from the Party” (中国交通建设集团有限公司原党委书记、董事长刘起涛被开除党籍), November 10, 2026. ccdi.gov.cn/yaowenn/…/liu-qitao-expelled
State Council (gov.cn), “China Will Deepen and Expand the ‘Artificial Intelligence Plus’ Initiative During the 15th Five-Year Plan” (“十五五”时期我国将深化拓展“人工智能+”行动), November 11, 2026. gov.cn/yaowen/…/content_7085824
National Development and Reform Commission, “Domestic Refined Oil Price Adjustment, November 12, 2026” (2026年11月12日国内成品油价格调整), November 12, 2026. ndrc.gov.cn/xwdt/xwfb/…/t20261112_1408795
Qiushi (Party Theoretical Journal), “Caging Power in Institutions More Scientifically and Effectively” (更加科学有效地把权力关进制度笼子), November 12, 2026. qstheory.cn/20261112/…/caging-power