Federal Reserve official Hammack said the central bank needs to shift to restrictive monetary policy to reduce inf.

The Hengqin checkpoint under the Zhuhai Border Inspection General Station reported year-to-date through 16:00 on Nov. 12 vehicle crossings exceeded 4.00 million, up 36.2% YoY. This is the first calendar year since the port opened to breach 4 million crossings, placing Hengqin third nationwide by vehicle traffic. Macau-licensed single-plate vehicles accounted for about 2.67 million crossings, or 66.7% of the total. Expansion of Hengqin residents commuting to work in Macau and more frequent trips for family, medical and shopping purposes are cited as the main drivers of the traffic increase.

China’s national industry‑finance cooperation platform has facilitated more than 1.8 trillion yuan of financing and hosted 460,000 companies as of October 2026, with manufacturing firms representing 60% of participants. The non‑profit public service, built on Ministry of Industry and Information Technology and partnering financial institutions’ data resources, shares multi‑agency data and uses enterprise tagging and data‑model algorithms to better match firms’ financing needs with financial products.