The guideline sets a target that by 2025 the institutional mechanisms and policy systems for green development in urban and rural areas will be basically established. The country will also make substantial progress on the green transformation of construction and solidly advance carbon reduction during the period.

The move aims to offset the impacts of tax period and government bond issuance, and to keep liquidity in the banking system at a reasonably sufficient level, the central bank said. The interest rate for the seven-day reverse repos was set at 2.2 percent.

The China Securities Regulatory Commission will adopt zero tolerance towards irregularities, step up crackdown on manipulation and other behaviors against laws and regulations, so as to maintain a good market order. The commission will continue to cooperate with other departments to monitor the futures and spot markets, stabilize market expectations, and maintain the smooth operation of the two markets.

According to documents posted on the U.S. department of energy website, the agreements with China's state oil giant Sinopec include two 20-year deals for a combined 4 million tonnes of LNG per year. Those deals bring Venture Global's plant in Plaquemines, Louisiana, with an export capacity of up to 20 million tonnes per annum (mtpa), one step closer to a final investment decision which is expected by the end of this year.

The U.S. has pressed China to give up its claim to special and differential treatment, given its huge role in the international trade system. EU said China has benefited greatly from its decision to join the WTO, but has not lived up to expectations in terms of liberalizing its economy. UK government is among those "concerned about the centrality of state-owned enterprises to China's industrial strategies, and the opacity of their operations". Canada also complained about China's preferential treatment for its state-owned enterprises and its extensive use of industrial subsidies that lead to trade distortions and overcapacity. Japan urged China to take further action to maintain and strengthen the multilateral trading system, starting by addressing issues that impact markets, such as trade-distorting measures, state-owned enterprises, and the lack of clarity in laws and regulations in this respect

The recent coal price hike has completely deviated from the fundamentals of supply and demand, and prices are still showing further irrational rises, said the National Development and Reform Commission (NDRC). China will use all necessary means provided by the price law to bring coal prices back to an appropriate range and ensure a secure and stable energy supply.

The plan, made public Wednesday, aims to turn the Chengdu-Chongqing area into an economic circle with its own strengths and distinctive features, as well as a new driver and an important growth engine of the country's high-quality development, according to the document. The Chengdu-Chongqing economic circle is expected to become an important economic center, a center for scientific and technological innovation, a new highland for reform and opening-up and a livable place with a high quality of life.

New home prices in four first-tier cities stood unchanged in September from a month earlier, compared with month-on-month growth of 0.3 percent in August, data from the National Bureau of Statistics (NBS) showed. Prices of second-hand homes in the four cities edged down 0.4 percent last month from that in August, reversing the mild month-on-month increase seen in August. A total of 31 second-tier cities also saw no month-on-month change in new home prices, while 35 third-tier cities saw a month-on-month decline of 0.2 percent in new home prices.

Efforts should be made to beef up support for mass entrepreneurship and innovation, and favorable policies including preferential taxes and inclusive finance should be well implemented. The premier also underscored the importance of consolidating basic research and advancing the breakthroughs of key and core technologies to improve the quality of mass entrepreneurship and innovation.

A draft amendment to the Anti-monopoly Law was submitted on Oct.19 to the ongoing session of the Standing Committee of the National People's Congress, China's top legislature, for the first reading. The draft amendment clarifies the basic position of competition policy and the legal status of the fair-competition review system. Fair-competition review shall be conducted when rules involving the economic activities of market entities are made.

The State Council, China's Cabinet, has greenlighted Beijing's plan to allow foreign companies to invest in virtual private networks with ownership capped at 50 percent, a move that shows the country's determination and confidence to further open up the telecommunications services sector. In addition, foreign companies integrated in Haidian Science Park of Beijing's Zhongguancun, the nation's first demonstration zone for independent innovation, will have shareholding limits scrapped on information services exclusively for app stores.

Xi made the remarks on Oct. 18 when presiding over a study session of the Political Bureau of the CPC Central Committee. He called for taking into account domestic and international dynamics and the two major tasks of development and security, to strengthen and expand China's digital economy. Efforts should be made to push forward integrated development of the digital economy and the real economy. Calling for building a multi-tiered and three-dimensional supervision system that covers all directions. The efforts will correct and standardize behaviors and practices that harm people's interests and impede fair competition in the course of development, and prevent platform monopolies and disorderly expansion of capital.

The financial system needs to be more proactive in serving the real economy, supporting green and low-carbon development, and promoting high-level opening-up, Vice-Premier Liu He said. The financial system should properly handle monetary policy adjustments and redouble efforts to financially support the private sector and small and micro businesses. He also highlighted the financial system's role in creating a fair market environment and protecting the legitimate rights and interests of foreign-funded institutions in China.

China's yuan briefly rose to its highest point against the US dollar in more than four-and-a-half months on 20 Oct. after the central bank set a much stronger daily fixing for the currency. After touching a top of 6.3794 per dollar, its firmest since June 2, the yuan pulled back by midday on what traders said was corporate dollar demand following recent strong gains by the Chinese unit, while the dollar itself remained broadly steady. The yuan breached the key 6.4 per-dollar level on 19 Oct. to end its domestic trading session at a four-month high, lifted by market expectations that fallout from debt-laden developer China Evergrande Group can be contained and hopes that Sino-US tensions were easing.

The 19th Communist Party of China (CPC) Central Committee will hold its sixth plenary session in Beijing from Nov. 8 to 11, during which a key resolution on the major achievements and historical experience of the Party's 100 years of endeavors will be reviewed. The views and suggestions from all sides -- both within and outside the Party -- were collected. Xi also chaired a symposium to hear from the central committees of the non-CPC political parties, the head of the All-China Federation of Industry and Commerce, and individuals with no party affiliation.

Against the backdrop of climate-change crisis, energy in the Belt and Road countries should become more green and inclusive through efficient, clean and diversified supply, Chinese Vice Premier Han Zheng stressed. Joint efforts should be made to promote green and low-carbon energy transformation and deepen cooperation on nuclear electricity, new-energy generation and smart energy.

The working teams were sent by the National Health Commission and the national administration of disease prevention and control. Task forces have been dispatched to four of China's provincial-level regions, including Inner Mongolia, Gansu, Shaanxi and Ningxia, to guide local COVID-19 response efforts.

According to the US Treasury Department, China's holdings of US Treasuries dropped to $1.047 trillion in August, down $21.3 billion from the previous month. China remains the second-largest non-US holder of the Treasuries after Japan, which had $1.319 trillion at the end of August.

Chinese property developers are suffering credit rating downgrades at the fastest pace in five years as a recent slump in new-home sales adds to concerns about the sector's debt woes. Moody's Investors Service, Fitch Ratings and S&P Global Ratings have cut Chinese builders' ratings a combined 91 times through Sept. 30, triple the number of this year's upgrades. That's already a record full-year count of downgrades.

Administrative rules on Chinese-foreign cooperation in running schools, foreign-funded telecommunication enterprises, commercial performances, quality management of construction projects, survey and design of construction projects, travel agencies, and interim regulations on registration of private non-enterprise units, plus the 2020 special management measures for foreign investment access (negative list), will be adjusted.

The country's gross domestic product (GDP) expanded 9.8 percent year on year in the first three quarters, data from the National Bureau of Statistics (NBS) showed. In the third quarter (Q3), the country's GDP grew 4.9 percent year on year, slower than the growth of 18.3 percent in Q1 and 7.9 percent in Q2. The country's economic recovery remains uneven and unstable.

Overseas institutional investors increased their holdings of Chinese government bonds in September as the yield remained attractive. By the end of September, the country's central government bonds held by foreign investors reached nearly 2.28 trillion yuan (about 354.11 billion U.S. dollars), up by 77.12 billion yuan from the previous month, data released by the China Central Depository & Clearing Co., Ltd. (CCDC) showed.

It is the world's first "smart" and "zero-carbon" terminal -- an example for the intelligent upgrade and low-carbon development of ports all over the world. The terminal has an "intelligent brain." Based on AI technology, the brain can automatically give the best loading and unloading plans and control each equipment, leading to 20 percent higher efficiency compared to traditional terminals.

Investors under the Qualified Foreign Institutional Investor (QFII) scheme will be allowed to trade commodity futures, commodity options and stock index options, which will start from November 1, the CSRC said on its website. Expanding QFII's investment scope would provide foreign investors with more hedging tools, help attract overseas capital and improve the international influence of the domestic capital market.

Instead of operating prudently in response to market changes, Evergrande stuck to reckless expansion into multiple sectors in recent years. The poor management has worsened the developer's financial conditions, leading to the final outbreak of risks. Land and housing prices in the domestic property market remain stable thanks to years of regulation and a long-term housing mechanism, said the People's Bank of China.