Xi offered Taiwan talks on reunification; China ratified a new global artificial-intelligence treaty.
Xi used the 160th anniversary of Sun Yat-sen's birth to offer talks with Taiwanese figures on reunification, while ruling out any space for independence. The national legislature closed its session with three acts: China's first law on prosecutor-brought public-interest lawsuits, a law against cross-border corruption, and the first ratification anywhere of the treaty creating a China-hosted world artificial-intelligence body. On the economy, Beijing extended its suspension of countermeasures against eleven American companies for two months, the central bank kept a loose stance and doubled its support for sci-tech relending, and October factory prices rose 5.7% on coal and oil.
Threads at week's end
Taiwan ran through the week. Xi's offer of talks closed it. The Foreign Ministry pressed France to honor the one-China principle, and marked a year since a Japanese leader's remarks on a Taiwan contingency froze relations with Tokyo, saying the fault is entirely Japan's.
The trade truce with Washington held and now runs into January, carrying the consensus from the eighth round of talks. Beijing objected separately to a draft U.S. investment-screening rule and to the Pentagon's research-security list, and said only that contacts continue on the China-Russia-United States leaders' meeting Trump has said he expects. The Party's 2027 congress now has a calendar: 2,360 delegates from 38 units, under vetting rules that allow a single veto for anyone politically unqualified.
The week's bullets
- Xi offers Taiwan talks. Xi marked the 160th anniversary of Sun Yat-sen's birth in Beijing on November 12 by offering talks with Taiwanese figures on reunification, saying Beijing would accommodate the interests and feelings of people in Taiwan while leaving no space for independence. The same week the Foreign Ministry pressed France to honor the one-China principle and blamed Tokyo entirely for a year of frozen relations, after a Japanese leader's remarks on a Taiwan contingency.1Nov 12 · State Council
- First to ratify the AI treaty. The legislature's standing committee ratified the agreement establishing the World Artificial Intelligence Cooperation Organization on November 6, making China the first of its 38 founding states to ratify; Beijing is also the host. At home, the State Council ordered employment-risk reviews for artificial-intelligence projects that could cost significant jobs, and planners said the coming five-year plan will aim the technology first at mining, high-altitude work and disaster relief.2Nov 6 · People's Congress
- Truce extended two months. The Commerce Ministry said on November 9 that it would keep its countermeasures against eleven blacklisted American companies suspended for two more months from November 10, implementing the consensus of the eighth round of China-U.S. trade talks. The same ministry opposed a draft U.S. Treasury rule widening outbound-investment restrictions on November 8, reserving the right to respond in kind, and called the Pentagon's research-security review coercion of American universities.3Nov 9 · Commerce Ministry
- Coal and oil lift factory prices. Producer prices rose 5.7% from a year earlier in October and 0.7% on the month, the statistics bureau reported November 9. Coal mining was up 36.6% and oil and gas extraction 35%, with extractive industries up 27.9% and raw materials 11.6%. Pump prices moved the other way, with central planners cutting gasoline and diesel by 645 and 625 yuan per tonne from midnight on November 12, tracking a retreat in international crude.4Nov 9 · Stats Bureau
- Central bank holds loose. The People's Bank kept its “moderately loose” stance in the quarterly monetary-policy report published November 11, cut the pledged-lending rate by 0.25 points, and raised its support for sci-tech relending from 60% to 100%. The report named strong supply and weak demand, structural divergence and external shocks as the economy's problems. Banks had separately requested over 200 billion yuan under the 1% relending line for share buybacks.5Nov 11 · PBOC
- Prosecutors can sue polluters. The national legislature passed China's first standalone law on prosecutor-brought public-interest lawsuits on November 6, reaching pollution, monopolies, personal-data abuse and mass labor claims, and effective January 1. Xi promulgated it as Presidential Order No. 86. The same session passed a 47-article law against cross-border corruption, effective immediately, which puts the state supervisory commission at the head of a new cross-ministry enforcement mechanism.6Nov 6 · People's Congress
- 2027 congress machinery. The Central Committee set rules on November 7 for electing 2,360 delegates from 38 units to the 21st party congress, due in late 2027, with political, integrity and conduct vetting and a single veto for anyone politically unqualified. Discipline ran alongside: the Party expelled Liu Qitao, former chairman of the state construction group China Communications Construction, on November 10 and sent his bribery case to prosecutors.7Nov 7 · State Council
Voices of the week
“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
“As the initiator and host country, China is the first to ratify the agreement establishing the World Artificial Intelligence Cooperation Organization.”
Guo Jiakun, Foreign Ministry Spokesperson · Nov 92
“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 113
Strategic backdrop
New Quality Productive Forces
Active · top economic doctrine
Carried the week's technology items: the coming five-year plan's push of artificial intelligence into mining and disaster relief, and the central bank raising its support for sci-tech relending from 60% to 100%.
Energy Security via Internal Transition
Active · 2014–present
The week's energy record was domestic: coal mining prices up 36.6% and oil and gas extraction up 35% in October, and planners cutting pump prices as international crude fell.
Global Development / Security Initiatives
Active · 2021–present
China ratified the treaty for the World Artificial Intelligence Cooperation Organization first among its 38 founders and hosts the body; the new cross-border corruption law claims a global anti-corruption governance role.