Core Points - The Ministry of Transport announced the suspension of special port fees for U.S. vessels and related investigations into the shipping and shipbuilding industries [1][2] - This suspension is part of the consensus reached during the 2025 China-U.S. Kuala Lumpur economic and trade consultations, effective from November 10, 2025 [2] Group 1 - The suspension of special port fees for U.S. vessels will last for one year [2] - The Ministry of Transport's previous announcements regarding the implementation of special port fees and investigations into the shipping and shipbuilding industries are also suspended [2] - The decision aims to align with the final measures of the 301 investigation against China [2]

Core Points - The Chinese Ministry of Finance has officially announced the implementation of a "truce" window in accordance with the agreements between China and the U.S. This includes adjustments to tariffs on certain goods starting from November 10 at 13:01 [1][3] - The adjustments consist of two main components: the complete cessation of additional tariffs on certain goods as per the tax committee's announcement, and the continuation of a 24% additional tariff suspension on another category of goods while retaining a 10% base tariff for one year [3][5] - The timing of the announcement aligns precisely with previous commitments made by the U.S., showcasing China's meticulous execution of the agreement [3][4] Tariff Adjustments - The adjustment includes stopping additional tariffs on specific goods and maintaining a 10% base tariff, indicating that the overall tariff pressure has not been fully lifted [5] - The one-year suspension period for the additional tariffs corresponds with the U.S. policy cycle, allowing for future negotiations [5] Agricultural Cooperation - During the meeting with the U.S. agricultural trade delegation, Chinese Vice Minister Li Chenggang emphasized that fluctuations in agricultural trade stem from unilateral U.S. tariff measures, urging the U.S. to create a favorable atmosphere for practical cooperation [4][7] - The choice of agriculture as a discussion topic is significant, as U.S. agricultural states have a high dependency on exports to China, making them sensitive to tariff countermeasures [4][7] Future Negotiations - The current adjustments and agricultural discussions reflect a willingness to cooperate while also maintaining pressure on the U.S. to reduce unilateral measures [4][7] - The ongoing structural contradictions between the two countries remain unresolved, and future relations will depend on the U.S. reducing pressure and reaching compromises in sensitive areas like technology regulations [7]

Group 1: ASML Semiconductor Issue - The Chinese Ministry of Commerce criticized the Dutch government's interference in ASML Semiconductor's internal affairs, claiming it has caused turmoil in the global semiconductor supply chain [2] - China has approved export license applications from Chinese exporters related to ASML, aiming to stabilize supply and promote the resumption of ASML Semiconductor (China) operations [2] - China urges the Netherlands to adopt a responsible attitude and cease interference in corporate matters to find constructive solutions to the ASML issue [2] Group 2: Rare Earth Export Control - The Ministry of Commerce stated that rare earths have dual-use properties, and China conducts licensing reviews in accordance with laws and regulations [3] - China emphasizes its willingness to enhance communication and cooperation with all parties to optimize the licensing process and ensure compliance in trade of controlled items [3] Group 3: China-US Economic Cooperation - The Ministry of Commerce announced recent outcomes from China-US economic consultations, covering topics such as fentanyl tariffs, agricultural trade, and maritime logistics [4] - China expresses its willingness to work with the US to implement the agreements reached during the consultations and the meeting between the two countries' leaders [4] Group 4: China-EU Cooperation - The Ministry of Commerce noted the EU's efforts to diversify export markets through free trade agreements and highlighted China's commitment to high-level opening-up [5] - China is open to deepening mutually beneficial cooperation with the EU and exploring various economic agreements, including investment agreements, to enhance trade and investment facilitation [5]

Core Points - The Ministry of Commerce held a regular press conference on November 6, announcing the outcomes of the recent China-U.S. economic and trade consultations in Kuala Lumpur [2] - Key areas of consensus include fentanyl tariffs and law enforcement cooperation, agricultural trade, and U.S. maritime logistics and shipbuilding industry 301 measures [2] - Both sides have released official documents regarding tariff adjustments, indicating a willingness to work together to implement the agreements reached during the leaders' meeting and the Kuala Lumpur consultations [2]

中方愿与美方相向而行，共同做好两国元首会晤共识和吉隆坡经贸磋商成果的落实工作。 经济观察网据央视新闻客户端消息，11月6日，商务部召开例行新闻发布会。 商务部新闻发言人何亚东表示，近日，商务部已就中美吉隆坡经贸磋商联合安排发布相关消息，介绍了 磋商达成的主要成果共识，涉及芬太尼关税和执法合作、农产品贸易、美对华海事物流和造船业301措 施等方面。中美双方已就关税调整发布了官方文件。 ...

Group 1 - Wall Street analysts indicate that the tightness in the money market may persist until November due to high financing costs, pressuring the Federal Reserve to act before halting balance sheet reduction next month [2] - The overnight secured financing rate surged by 18 basis points last Friday, marking the largest single-day fluctuation since the Fed's rate hike cycle began in March 2020 [2] - Despite a decrease in SOFR on Monday after month-end pressures eased, it remains above the Fed's key policy benchmark rates, including the federal funds rate [2] Group 2 - Bank of America previously anticipated that the Fed would end quantitative tightening (QT) at the end of October and immediately begin asset purchases to expand its balance sheet [2] - Fed Chair Jerome Powell stated that the Fed would eventually start to gradually increase reserve levels to keep pace with the banking system and economic developments, but did not specify a timeline [2] - Other Fed officials, including Vice Chair for Supervision Michael Barr, believe the central bank should maintain the smallest possible balance sheet [2] Group 3 - The Chinese Ministry of Finance plans to issue up to $4 billion in senior bonds, with three companies participating in the issuance [4] - The current yield for China's two-year government bonds is 1.42%, while the ten-year yield is 1.80% [8] - The U.S. two-year government bond yield has decreased by 2 basis points to 3.58%, and the ten-year yield has decreased by 3 basis points to 4.10% [8]

新华社北京11月5日电 国务院关税税则委员会11月5日公布公告称，为落实中美经贸磋商达成的成果共 识，根据《中华人民共和国关税法》《中华人民共和国海关法》《中华人民共和国对外贸易法》等法律 法规和国际法基本原则，经国务院批准，自2025年11月10日13时01分起，停止实施《国务院关税税则委 员会关于对原产于美国的部分进口商品加征关税的公告》（税委会公告2025年第2号）规定的加征关税 措施。 (责编：岳弘彬、牛镛) 《 人民日报 》（ 2025年11月06日 03 版） ...

（文章来源：人民日报） 新华社北京11月5日电国务院关税税则委员会11月5日公布公告称，为落实中美经贸磋商达成的成果共 识，根据《中华人民共和国关税法》《中华人民共和国海关法》《中华人民共和国对外贸易法》等法律 法规和国际法基本原则，经国务院批准，自2025年11月10日13时01分起，停止实施《国务院关税税则委 员会关于对原产于美国的部分进口商品加征关税的公告》（税委会公告2025年第2号）规定的加征关税 措施。 ...

Core Points - The Ministry of Commerce announced adjustments to non-tariff measures against the U.S. based on the consensus from the China-U.S. Kuala Lumpur economic and trade consultations [1] - The unreliable entity list mechanism will include a number of U.S. entities, with specific measures to be implemented starting from November 10, 2025 [1] - Export control measures will also be adjusted, with certain U.S. entities being removed from the export control list while others will continue to face restrictions [1] Group 1: Unreliable Entity List - The Ministry of Commerce will publish announcements on March 4 and April 4, 2025, listing U.S. entities as unreliable, with measures effective from November 10, 2025 [1] - Domestic companies can apply to trade with listed entities, and the Ministry will review applications according to the regulations [1] Group 2: Export Control Measures - A total of 31 U.S. entities were listed under export control regulations, prohibiting the export of dual-use items [1] - From November 10, 2025, measures against 15 of these entities will be lifted, while restrictions on 16 others will remain in place for an additional year [1] - Exporters must apply to the Ministry of Commerce for permission to export dual-use items to these entities, which will be reviewed according to relevant laws [1]

商务部新闻发言人就调整出口管制管控名单措施答记者问 问：有消息称，根据中美吉隆坡经贸磋商共识，中方将调整一批针对美国的非关税措施。请问在出口管 制管控名单方面有什么考虑？ 答：根据出口管制相关法律法规规定，商务部于2025年3月4日和4月4日分别发布了2025年第13号和21号 公告，合计将31家美国实体列入出口管制管控名单，禁止向其出口两用物项。为落实中美吉隆坡经贸磋 商共识，中方决定自2025年11月10日起，对第13号公告的15家美国实体停止上述相关措施；对第21号公 告的16家美国实体继续暂停上述相关措施1年。出口经营者如需向上述实体出口两用物项，应当根据 《中华人民共和国两用物项出口管制条例》相关规定向商务部提出申请，商务部将依法依规进行审查， 符合规定的将准予许可。 商务部新闻发言人就调整不可靠实体清单措施答记者问 问：有消息称，根据中美吉隆坡经贸磋商共识，中方将调整一批针对美国的非关税措施。请问在不可靠 实体清单方面有什么考虑？ 答：根据《中华人民共和国反外国制裁法》《不可靠实体清单规定》及有关规定，不可靠实体清单工作 机制于2025年3月4日和4月4日发布公告，将一批美国实体列入不可靠实体清单 ...