新华财经周报：10月27日-11月2日

Key Points - The "14th Five-Year Plan" suggests promoting quantum technology, biomanufacturing, hydrogen energy, nuclear fusion, brain-computer interfaces, embodied intelligence, and 6G mobile communication as new economic growth points [1] - The People's Bank of China will resume open market operations for government bonds [4] - The China Securities Regulatory Commission will initiate reforms to deepen the Growth Enterprise Market [4] - In October, China's manufacturing PMI was reported at 49.0%, a decrease of 0.8 percentage points from the previous month [6] - The U.S. will cancel the 10% "fentanyl tariff" on Chinese goods, while the 24% reciprocal tariff will remain suspended for another year [2] - China will host the 33rd APEC Leaders' Informal Meeting in Shenzhen in 2026 [1] Domestic News - The 33rd APEC Leaders' Informal Meeting will take place in Shenzhen, Guangdong Province, in November 2026 [1] - The full text of the "14th Five-Year Plan" was released on October 28, outlining future industry layouts and promoting various technologies as new economic growth points [1] - The National Development and Reform Commission has allocated 500 billion yuan for local government debt limits to enhance financial capacity and effective investment [3] - The State Administration of Foreign Exchange announced nine policy measures to facilitate cross-border trade and support foreign trade development [3] - The revised Cybersecurity Law will take effect on January 1, 2026, supporting AI research and development [3] International News - The U.S. Federal Reserve announced a 25 basis point reduction in the federal funds rate target range to 3.75% to 4.00% [8] - The European Central Bank maintained its key interest rates, aligning with market expectations [9] - The Bank of Japan kept its benchmark interest rate unchanged at 0.5%, reflecting market expectations [9] - The UK government announced an investment of £55 billion (approximately 517 billion yuan) for technology research and development [10] - The World Gold Council reported a record high global gold demand of 1,313 tons in Q3 2025, with central banks increasing their gold purchases [10]