China cut tariffs with Washington and opened a rare-earth export channel to Europe.
China’s commerce ministry published a tariff framework with Washington that strips the added duties both sides imposed on more than 90 percent of covered goods, covering $30 billion of imports each way. A joint statement with the European Commission landed the same week, opening a licensing green channel for rare earths and magnets and setting hybrid-car shipments above last year’s 302,000 vehicles. At home the Party and the cabinet issued their 19-task technology-growth blueprint for the new five-year plan, Xi convened the first national health conference in a decade, and the central bank reported new financing down 2.6 trillion yuan from a year earlier.
Threads at week’s end
Taiwan stayed the most active front. The defense ministry rejected the Taiwan leader’s National Day address as an attempt to seek independence by force. The foreign ministry then froze the assets of Paraguay’s technology minister and Belize’s foreign minister over visits to Taipei, and set conditions on Taiwan’s reported $4.4 billion stake in an Alaskan pipeline. With Europe, only the vehicle dispute is closed; Beijing said it will respond if member states adopt the retaliatory trade tool some are pushing.
The five-year plan is arriving in pieces, with energy, employment, health and space documents all published inside seven days. The anti-corruption campaign produced five senior cases in seven days, reaching Xinjiang’s former vice-chairman, Tibet’s legislature, Guangdong’s education department, Chengdu’s city congress and the national arts academy. Japan drew two rebukes: one from the defense ministry over Tokyo’s nuclear-submarine study, one from China’s arms-control envoy at the United Nations.
The week’s bullets
- Tariff rollback with Washington. The commerce ministry published the China–United States framework on October 12: cuts on roughly $30 billion of imports in each direction, with the added duties both sides imposed on more than 90 percent of covered goods removed and normal tariff rates restored. The framework came through the new China–U.S. trade council named in the same release, and it landed in the same week as the Europe settlements. First carried in the October 13 brief.1Oct 12 · Commerce Ministry
- Europe’s rare-earth channel. The second regular meeting of the China–EU trade and investment consultation mechanism produced a joint statement with 16 outcomes, published October 9, including a ‘green channel’ that speeds export licenses for rare earths and magnets bound for Europe.2 Three days later the commerce ministry settled the hybrid and electric-vehicle dispute, putting shipments above 2025’s 302,000 units and promising China no worse quota treatment than any other supplier. Both ran in the October 10 and 12 briefs.3Oct 9 · State Council
- Technology-growth rulebook. The Party Central Committee and the State Council issued Opinions on developing new quality productive forces, published October 9, setting 19 tasks and an economy-wide ‘AI-plus’ push.4 The planning agency’s explainer warned officials against poaching investment, chasing project fads and burning cash.5 Two days later the State Council named the designated future industries: quantum technology, biomanufacturing, hydrogen and fusion power, brain-computer interfaces and embodied robotics. Carried in the October 10, 13 and 14 briefs.6Oct 9 · Qiushi
- Energy security reframed. The energy administration said the newly issued five-year plan for the energy system lifts the task from resisting risk to systemic resilience, in an October 9 commentary.7 It reported the same day that 5.18 trillion kilowatt-hours moved through market trading platforms in the first eight months, up 19.2 percent, with green-power volumes up 7.7 percent.8 Factory-gate prices, out October 14, rose 5.0 percent year-on-year, with coal up 35.3 percent. From the October 9 and 14 briefs.9Oct 9 · Energy Administration
- First health conference in a decade. Xi told the national health conference on October 13 that the new five-year plan is the decisive period for the 2035 Healthy China goal, and placed prevention ahead of treatment. It was the first such conference in ten years.10 The October 12 brief carried the government review behind it, which put life expectancy at 79.25 years in 2025, up from 76.34 in 2015.11Oct 13 · People’s Daily
- Credit slowdown. The central bank reported on October 14 that outstanding credit to the economy grew 7.1 percent, while new financing over the first nine months came in 2.6 trillion yuan below the same period last year.12 Five days earlier the finance ministry released 550 billion yuan of unused local-government borrowing headroom — 300 billion to county budgets, 250 billion to provinces with fourth-quarter projects. From the October 13 and 15 briefs.13Oct 14 · People’s Bank
- Platform work under labor law. The labor ministry opened comment on draft measures extending labor-law protection to China’s 84 million platform workers for the first time, with limits on algorithmic management and a bar on automated decisions in major matters.14 The same week the market regulator blacklisted firms whose corner-cutting fed price wars, including a testing lab that issued 1,451 fake emissions reports. From the October 12 and 15 briefs.15Oct 11 · People’s Daily
Voices of the week
“Prevention is the most economical and most effective health strategy; we must attend to the foundational, upstream work carefully and solidify the basis of health for all.”
Xi Jinping, General Secretary, National Health Conference · Oct 1310
“For more than 90 percent of the products covered, all the additional tariffs the two sides imposed on each other will be removed and most-favored-nation rates will apply.”
Ministry of Commerce, on the China–U.S. trade council · Oct 121
“China will accelerate the building of a modern industrial system and press ahead with planning and construction of new-type power grids, computing-power networks and next-generation communications networks.”
Premier Li Qiang, Canton Fair 70th-anniversary symposium · Oct 1416
Strategic backdrop
New Quality Productive Forces
Active · operative growth doctrine
Named directly in the October 9 Opinions — 19 tasks and an economy-wide AI-plus push — and in the future-industries list: quantum, biomanufacturing, hydrogen, fusion, brain-computer interfaces, robotics. The planning agency’s anti-bubble warning came with it.
15th Five-Year Plan
2026–2030 · sector plans landing
Invoked in three of the week’s bullets: the energy-system plan’s shift to systemic resilience, Xi’s 2035 health target at the national health conference, and the growth blueprint written for the plan period.
Dual Circulation
Active since 2020 · selective opening
The week’s trade files sit on the international-circulation side: added duties lifted on more than 90 percent of covered goods with Washington, a rare-earth green channel for Europe, and a vehicle quota set above last year’s volume.