China's Ministry of Finance has allocated over 10.7 billion yuan for inclusive financial development in 2023. Imports of bulk commodities and consumer goods expanded in the first three quarters, with energy products increasing by 31.8% year-on-year. The digital RMB has also helped boost festive consumption, with a consumption amplification effect exceeding 15 times in some pilot areas.

China's economy shows strong endogenous growth, with GDP expected to exceed 4% in Q3. The central bank maintains liquidity stability, and local financing platforms are being transformed to improve credit ratings and asset quality. Meanwhile, the US economy remains optimistic but faces risks, Russia implements capital controls, and the Fed plans to keep interest rates high.

In the first eight months, China's new tax cuts and fee reductions exceeded 1.15 trillion yuan, significantly benefiting private enterprises. Meanwhile, auto exports surpassed 400,000 units for two consecutive months, with new energy vehicle exports reaching 825,000 units from January to September.

China's SME Development Index saw a rebound in the third quarter, rising by 0.2 points to 89.2. The Ministry of Commerce plans to enhance digital trade cooperation with partner countries and accelerate negotiations on the China-ASEAN Free Trade Area Version 3.0. Additionally, logistics enterprises will benefit from a 50% reduction in urban land use tax for warehousing land.

China's commodity index rose to 103.6% in September, marking its highest level since August 2020. Meanwhile, OPEC revised its forecast for global crude oil demand, expecting it to reach 109 million barrels per day by 2027.

The US Department of Commerce added 42 Chinese companies to the export control list, citing support for the Russian defense industry. Meanwhile, Anhui Province launched 1089 major projects with a total investment of 707.46 billion yuan, focusing on manufacturing and infrastructure. Additionally, the IPO market tightened in the third quarter, with 12 'food, clothing, and housing' companies terminating their IPOs.

During the 2023 Mid-Autumn Festival and National Day holidays, China saw a significant boost in domestic tourism with 826 million trips and 753.43 billion yuan in revenue. Meanwhile, the US non-farm payrolls increased by 336,000 in September, far exceeding expectations, indicating a resilient labor market.

In the first 8 months of 2023, Shanghai Port's container throughput increased by 3.6% year-on-year to 32.14 million TEUs. Meanwhile, Japan's short-term bond market pricing suggests the Bank of Japan may end its negative interest rate policy in January 2024.

The offshore RMB recovered the 7.30 mark against the US dollar, rising over 600 points. The People's Bank of China (PBOC) reported a 10.9% year-on-year increase in RMB loans to the real estate sector. Additionally, Guangzhou became the first first-tier city to break the lower limit of LPR for first-home loans, optimizing real estate policies.

China's foreign exchange reserves decreased by $44.2 billion to $3,160.1 billion in August. Guangzhou became the first first-tier city to break the lower limit of LPR for first home loans, with rates as low as 4.1%. Barclays forecasts global economic growth to slow down, and Russia's LNG exports have increased since the start of the year.

As of the end of August 2023, China's foreign exchange reserves decreased by 1.38% to $3.1601 trillion. Domestically, Shanghai introduced a housing provident fund support policy for urban renewal, and the Bank of Communications reduced interest rates on existing housing loans. Internationally, the US dollar reached a six-month high, and the Eurozone's GDP growth slowed due to declining exports.

The Global Manufacturing Purchasing Managers Index rebounded slightly in August, indicating a weak recovery trend. Meanwhile, German factory orders fell sharply by 11.7% in the third quarter, reflecting ongoing economic challenges in Europe. The Philippine Central Bank is prepared to tighten monetary policy if necessary, and OPEC+ production cuts may ease core inflation.

China tightens IPO pace, with a 31% decrease in August. Jiangsu reduces first home down payments and loan interest rates. ECB faces a dilemma as eurozone inflation remains unchanged, while the Bank of Japan maintains its bond purchase plan.

The RMB has become the world's fifth largest reserve and payment currency, marking significant progress in its internationalization. Meanwhile, Wuxi has implemented a new housing loan policy, recognizing housing but not loans, to optimize the housing credit system.

China's manufacturing outlook improved in August, while the service industry's growth momentum slowed down. The Ministry of Industry and Information Technology plans further policy measures to support industrial recovery. The National Healthcare Security Administration clarified the scope of medical consumables covered by medical insurance. China also achieved new breakthroughs in deep-sea high-power artificial source electromagnetic detection technology.