Flash News

TREE NEWS update: Chinese foreign ministry spokesperson Guo Jiakun noted the 54th anniversary of the China-Japan Joint Statement issued on Sept 29, 1972, which normalized bilateral ties. Guo said Japan’s current leaders have abandoned the original intent of normalization, and that the statement and three other political documents remain the political and legal foundation of the relationship and must not be distorted, reversed or undermined.

TREE NEWS update: China’s Ministry of Science and Technology will systematically lay out a batch of national major science and technology tasks under the 15th Five-Year Plan, Minister Yin Hejun said. The plan includes basic research in mathematics and state control, plus tasks in synthetic biology, materials genomics, controlled nuclear fusion and intelligent scientist systems across biology, materials, energy and information.

TREE NEWS update: China’s Ministry of Science and Technology will focus on six areas of work during the 15th Five-Year Plan period to advance the country’s push to become a science and technology power, Minister Yin Hejun said at a State Council Information Office briefing. The ministry will treat original, leading-edge research as its main direction and take faster self-reliance in high-level technology as its central task.

TREE NEWS update: Iranian Foreign Minister Abbas Araghchi confirmed he will leave New York for Tehran after conveying a “seven-day plan” to the United States through Qatari mediators, saying he is awaiting a formal US response. Speaking on September 29, he said Qatar knows how to relay any reply once it comes. Araghchi had traveled to New York for the 81st UN General Assembly, where he set out Iran’s position on the war, particularly the Strait of Hormuz.

TREE NEWS reports: China’s treasury futures closed higher on the day, with the 30-year main contract rising 0.53%. The 10-year main contract gained 0.10%, the 5-year main contract added 0.07%, and the 2-year main contract advanced 0.04%.

TREE NEWS update: The 2026 World Internet Conference Wuzhen Summit will be held in Wuzhen, Zhejiang province, from Nov 2 to 5, the conference announced at a press briefing on Wednesday. This year’s theme is “Open Source, Open Sharing — Jointly Building a Community with a Shared Future in Cyberspace,” with government, international organization, corporate and academic representatives invited to discuss AI open-source development across innovation, security governance, cultural exchange and international cooperation.

TREE NEWS update: The Chinese Academy of Sciences announced the launch of its “Scientific Frontier Extreme Breakthrough Program” and its first batch of projects at a press conference in Beijing. The 10 initial projects target frontier questions in four “extreme” fields, including new element synthesis, the nature of dark matter and dark energy, microscopic measurement of chemical bonds, and artificial synthesis of cells. The program also introduces a series of key reforms to how research projects are managed and evaluated.

TREE NEWS update: China’s Minister of Science and Technology, Yin Hejun, said the country has become one of the nations with the fastest-rising innovation capacity, speaking at a State Council Information Office press conference on the 29th under the “Starting the 15th Five-Year Plan” series. Yin said that over the past five years China’s scientific and technological innovation reached a new level and the building of a science and technology powerhouse took solid steps, supporting high-quality development and improvements in people’s livelihoods.

TREE NEWS reports: China’s three main A-share indexes closed slightly higher on the day, with the Shanghai Composite up 0.18%, the Shenzhen Component up 0.34% and the ChiNext up 0.09%. Roughly 3,500 stocks across the Shanghai, Shenzhen and Beijing exchanges advanced, while combined turnover reached 1.42 trillion yuan. Real estate, battery, PCB and media sectors led gains, with Vanke A and several developers hitting the daily limit up; coal, oil and gas, agriculture and shipping lagged.

TREE NEWS reports: China’s domestic commodity futures closed mostly higher, with pure benzene, styrene, propylene and methanol rising more than 3%. Bitumen, PTA, hogs, soybean No.1, bottle chips, PVC, paraxylene and fuel oil gained over 1%. No. 20 rubber and crude oil fell more than 3%, while eggs, polysilicon, rubber, Shanghai silver, platinum and container shipping Europe line dropped over 2%.

TREE NEWS reports: European equities opened mixed on the latest session, with the Euro Stoxx 50 up 0.27% and the UK’s FTSE 100 adding 0.19%. France’s CAC 40 rose 0.06%, while Germany’s DAX slipped 0.13% at the open.

TREE NEWS reports: China’s benchmark Shanghai Composite Index closed 0.18% higher at 3,830.45, while the Shenzhen Component rose 0.34% to 12,901.95 and the ChiNext Index added 0.09% to 3,142.56. The CSI 300 gained 0.10% to 4,345.21, the STAR 50 climbed 0.86% to 1,569.34, and the CSI 500 and CSI 1000 advanced 0.50% and 0.43% to 7,439.63 and 7,325.35.

TREE NEWS update: China Coast Guard spokesperson Jiang Lue said the Zhujiashan ship formation carried out a routine law-enforcement patrol on Sept. 29 in waters east of China’s Taiwan island. Since September, the formation has stepped up control of the relevant waters to safeguard normal navigation and operations, the Coast Guard said, adding it will keep strengthening patrols in waters under China’s jurisdiction.

TREE NEWS reports: Switzerland’s KOF economic leading indicator came in at 109.1 for September, above the 106 expected and up from a revised 106.7 in the prior month. The reading points to a stronger near-term outlook for the Swiss economy.

TREE NEWS update: Shell Canada Energy has taken a final investment decision on Phase 2 of LNG Canada, lifting the plant’s capacity from 14 million tonnes per year to 28 million tonnes per year. The expansion adds two LNG trains, a storage tank, a loading berth and supporting systems. Shell holds a 40% interest and expects close to 6 million tonnes of additional LNG annually, with double-digit returns and long-term cash flow growth.

TREE NEWS update: Hubei province issued a 5-year general local government bond of 83.1000 billion yuan at a coupon rate of 1.4400%, with a bid-to-cover marginal ratio of 1.51 times against an expected 1.44. The province also issued 7-year and 3-year general bonds of 93.2146 billion yuan and 19.2800 billion yuan at 1.5300% and 1.3200%, respectively, plus 1-year and 5-year special bonds of 82.0600 billion yuan and 11.9200 billion yuan at 1.2600% and 1.4600%.

TREE NEWS update: UN Secretary-General António Guterres’s spokesman Stéphane Dujarric warned on the 28th that escalating hostilities in Yemen have forced about 142,000 people to flee their homes. Rising casualties have pushed some hospitals to suspend emergency obstetric services to prioritize treating the wounded, while medical supplies are running out fast. The World Health Organization has alerted to a potential cholera outbreak amid overcrowded displacement camps, unsafe drinking water and poor sanitation.

TREE NEWS update: China’s Ministry of Natural Resources and the National Forestry and Grassland Administration issued a notice supporting high-quality, efficient development of the services sector, calling for expanded supply of surveying and mapping geospatial data, products, technology and applications to drive digital and intelligent transformation of services. The notice also widens “standard land” supply from industrial land to producer services land and supports combined supply of land, forest and grassland, sea areas, islands and coastlines.

TREE NEWS update: China remains in an active autumn typhoon season, with one to two more typhoons expected to affect the country in October, the China Meteorological Administration said. The administration noted that typhoons forming and making landfall in the sea areas affecting China this year were significantly more numerous and generally stronger than usual, with many long-lived storms that lingered over land and caused major impacts.

TREE NEWS reports: China’s National Climate Center said equatorial eastern Pacific sea temperatures have kept warming since September, with the five-day and 10-day indices exceeding 3°C for the first time since monitoring began. The sea surface temperature index is expected to peak around November at 3.2°C to 3.5°C, forming the strongest super El Niño event on record.