🌹News Highlights on September 30
1. The Political Bureau of the Central Committee of the Communist Party of China held a meeting on September 29 to study and formulate significant issues for the 15th Five-Year Plan for national economic and social development. The General Secretary of the Central Committee, Xi Jinping, presided over the meeting. The meeting decided that the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China will be held in Beijing from October 20 to 23.
2. Li Chao, Deputy Director of the Policy Research Office of the National Development and Reform Commission and Spokesperson, stated on September 29 that the economic operation still faces challenges and that macro policies will be implemented in a timely manner; efforts will be made from both supply and demand sides to expand the market for smart terminals and intelligent entities; a new generation of policy guidelines related to smart terminals and intelligent entities will be formulated; actively promoting a new type of policy-based financial instrument with a scale of 500 billion yuan, and promptly investing funds into specific projects.
3. On September 29, Japan's Ministry of Economy, Trade and Industry updated the export control 'final user list', adding several Chinese enterprises and removing two Chinese enterprises from the list. A spokesperson for the Ministry of Commerce stated that China urges Japan to immediately stop the erroneous practice of listing Chinese enterprises. The actions of Japan in removing two Chinese enterprises from the list align with the common interests of both parties, and China welcomes this.
4. Foreign Ministry spokesperson Guo Jiajun hosted a routine press conference on September 29. A reporter asked about China's introduction of the 'K Visa'. In response, Guo Jiajun stated that China has decided to add a youth science and technology talent visa, known as the 'K Visa', under the category of regular visas.
5. U.S. President Trump posted on social media on September 29 that he would impose a 100% tariff on all films produced outside the United States.
6. On September 29, 2025, Eastern Time, the U.S. Department of Commerce issued export control penetration rules, adding equivalent export control sanctions on subsidiaries with more than 50% holdings of companies listed on the U.S. 'Entity List'. A spokesperson for the Department of Commerce stated that the relevant rules are another typical example of the U.S. generalizing national security and abusing export controls. China will take necessary measures to firmly safeguard the legitimate rights and interests of Chinese enterprises.
7. A relevant person in charge of the State Taxation Administration's collection and technology development department stated that internet platform enterprises should perform their tax withholding and payment obligations in accordance with the law, guiding operators and employees within the platform to lawfully and compliantly enjoy tax benefits and fulfill their tax obligations, and shall not transfer tax obligations of platform enterprises to employees within the platform in any form, nor charge employees extra fees under the pretext of withholding and payment.
8. U.S. President Trump stated that Netanyahu has accepted his proposed Gaza peace plan and is very close to reaching an agreement to end the conflict in the Gaza Strip.
9. U.S. President Trump met with leaders of both houses at the White House on September 29 to discuss avoiding a government shutdown.
10. The three major U.S. stock indices collectively rose, with the Dow up 0.15%, the Nasdaq up 0.48%, and the S&P 500 index up 0.26%. The Nasdaq Golden Dragon China Index closed up 2.03%, with popular Chinese concept stocks generally rising.
