
Vice-Premier He Lifeng delivers keynote speech at the 2026 Global Financial Leaders’ Investment Summit.
Beijing will introduce extra measures to bolster Hong Kong as a financial centre, with Vice-Premier He Lifeng pledging continued support at the 2026 Global Financial Leaders’ Investment Summit.
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Vice-Premier He Lifeng spoke at the opening of the 2026 Global Financial Leaders’ Investment Summit in Hong Kong.
Beijing says it will introduce extra measures, as needed, to bolster Hong Kong as an international financial centre, with Vice-Premier He Lifeng pledging continued support in a speech on Tuesday.
Delivering a keynote speech at the opening of the 2026 Global Financial Leaders’ Investment Summit in Hong Kong via video link, He said finance was the most important leg of the city’s “four centres and one highland” agenda and stressed that using the advantages of the “one country, two systems” constitutional principle was key to their development.
The vice-premier described “one country” as the “seed capital” and “two systems” as “the profit”, and said that, as any investor knew, seed capital needed to be protected before risks were taken to maximise returns.

Zhejiang Province promotes the high-quality development of the cosmetics industry through the lowering of cosmetics registration capabilities, AI-assisted verification, new raw material pre-service and full-chain ecological escort. In 2025, the sales revenue of the entire industry chain will reach 130.2 billion yuan, ranking third in the country, demonstrating the innovative results of positive interaction between supervision and industry.

The Ministry of Finance stated that from January to September this year, national tax revenue increased by 700.4 billion yuan compared with the same period last year, of which the central government only increased by 255.3 billion yuan, and local governments increased significantly by 452.7 billion yuan. The main reason is that the new version of the fiscal planning law has been enacted and the central business tax distribution ratio has been significantly reduced.

The ninth CIIE is about to open. Shanghai Customs has taken measures such as optimizing the concession approval process and providing "one-on-one" guidance and online consultation to accurately solve customs clearance problems and ensure that new overseas products such as South African cherries and Australian specialty coffee can make their debut at the CIIE, helping global goods share opportunities in the Chinese market.

Abnormal transfers occurred in Sino-Fung Bank's new system, and nearly NT$40 million was automatically transferred out of 419 customer accounts. The Banking Bureau of the Financial Supervisory Commission has received notification of major incidents and the accounts involved have been frozen. Sino-Fung Bank is investigating system abnormalities and the possibility of hacker intrusion.

The World Gold Council released the "Global Gold Demand Trends" report for the third quarter of 2026, stating that the total global gold demand in the third quarter was 1,369 tons, a year-on-year decrease of 1%, with an average price of US$4,262 per ounce. The central bank's net increase in reserves reached a new high of 321 tons, gold ETFs returned to net inflows, and China's investment in gold bars and gold coins bucked the trend and grew.

Silicon wafer major Global Semiconductor announced that it will deepen its strategic cooperation with memory major Micron. The board of directors decided to issue 10-year private placement domestic unsecured convertible bonds with an annual coupon rate of 0.5% within a quota of US$500 million, and Micron was agreed to be the only applicant.