White House AI and cryptocurrency advisor Sachs: Regulatory confusion has created compliance issues.

Market news: Belgium, Bulgaria, Italy and Malta stated that they voted in favor of a long-term freeze on Russian assets during the EU's procedures on Friday.

Domestic News 1. He Lifeng: Continue to implement a moderately loose monetary policy and manage expectations effectively. 2. Optimized regulatory measures for the import and export of lithium thionyl chloride batteries have been introduced. 3. Foreign media: India simplifies procedures to expedite the issuance of business visas to Chinese professionals. 4. The US, Japan, South Korea, Australia, and eight other countries sign an agreement to strengthen the rare earth supply chain; the Ministry of Foreign Affairs responds. 5. Sources: Shareholders of Guanghe Qiancheng Company will subsequently push for capital increases; the planned silicon material production capacity will not exceed 1.5 million tons. 6. Ministry of Commerce: Vigorously boost consumption and optimize the implementation of the consumer goods trade-in policy. 7. Ministry of Industry and Information Technology: Make every effort to stabilize the industrial base and leverage the integrated effect of existing and new policies. 8. People's Bank of China: Flexibly and efficiently utilize various monetary policy tools such as reserve requirement ratio cuts and interest rate cuts. 9. State Financial Supervision and Administration Bureau: Support the stabilization of the real estate market and help build a new model for real estate development. 10. National Energy Administration: Increase investment in shale oil exploration, development, and scientific research to achieve large-scale and efficient shale oil development. 11. Ministry of Transport: Accelerate the completion of the main framework of the national comprehensive three-dimensional transportation network and expand effective investment in transportation. 12. State-owned Assets Supervision and Administration Commission (SASAC): Central enterprises should consciously resist "involutionary" competition. 13. my country's total social financing in the first 11 months exceeded the total for the entire previous year. 14. State Administration for Market Regulation publicly solicited opinions on the "Guidelines for Compliance of Pricing Behavior in the Automobile Industry (Draft for Comment)". 15. The People's Bank of China will conduct 600 billion yuan of outright reverse repurchase operations next Monday. 16. Ministry of Commerce and General Administration of Customs: Implement export license management for some steel products. 17. Zhejiang Securities Regulatory Bureau seriously investigated and dealt with the illegal and irregular cases of Youce Investment. 18. In response to issues such as "eye-catching large print, exemption from liability for small print", the State Administration for Market Regulation drafted enforcement guidelines. International News 1. A 6.8-magnitude earthquake struck off the coast of eastern Honshu, Japan. 2. The Bank of Japan is reportedly set to pledge further interest rate hikes at its meeting next week. 3. A nationwide strike in Portugal resulted in the cancellation of approximately 400 flights. 4. The Central Bank of Russia sued the European Clearing Bank, warning the EU against freezing assets. 5. A US version of the Russia-Ukraine plan has been revealed: Ukraine will be designated to join the EU in 2027. 6. International gold and silver prices surged, with spot gold briefly returning above $4,350 per ounce, and silver prices continuing to reach new highs. 7. Federal Reserve – ① Goolsby: More data should be waited for before cutting rates; more than the median number of rate cuts is expected in 2026. ② Schmid: Inflation remains too high; a moderately restrictive monetary policy should be maintained. ③ Paulson: More focused on employment risks; monetary policy is restrictive. Tariffs may push up costs but have not triggered widespread inflation. ④ Hamak: Prefers a slightly more restrictive policy stance.