Group 1: Securities Settlement Risk Fund - The revised "Securities Settlement Risk Fund Management Measures" will take effect on December 8, 2025, aimed at enhancing the management system of the risk fund to adapt to market development and risk prevention needs [2] - The revision includes differentiated contribution ratios based on risk levels, with equity products' contribution rate reduced from 0.0003% to 0.00009% and fixed income products' contribution rate reduced from 0.0001% to 0.00003% [2] - The upper limit for the risk fund size has been adjusted from 3 billion to a net asset total of no less than 3 billion [2] Group 2: Anti-Money Laundering Regulations - The "Notice on Implementing the Supervision and Management Measures for Anti-Money Laundering and Anti-Terrorist Financing by Financial Institutions" will be effective from December 1, 2025, requiring financial institutions to submit annual anti-money laundering reports by the end of March each year [3] - The report must include an overview of the institution, overall anti-money laundering efforts, risk assessments, and major risk incidents [3] Group 3: Resource Tax Policy - The "Announcement on Clarifying the Execution of Resource Tax Policies" will be effective from December 1, 2025, detailing nine aspects of resource tax policy execution, including tax exemptions and tax base definitions [4] - The announcement clarifies definitions for contentious resources such as coal and rare earths, addressing common disputes in tax administration [4] Group 4: Individual Business Credit Financing - The "Credit Evaluation Indicators for Individual Businesses" standard will be implemented on December 1, 2025, aimed at enhancing credit evaluation for individual businesses [5][6] - The standard seeks to support financial institutions in developing tailored financial products for individual businesses, thereby increasing loan accessibility and precision [6] Group 5: Credit Repair System - The "Credit Repair Management Measures" will take effect on December 25, 2025, aimed at improving the credit repair system and encouraging proactive correction of credit violations [7][8] - The measures expand the scope of credit repair, refine the classification of violations, optimize processing times, and enhance data sharing between credit information systems [8]

中经记者 郝亚娟 夏欣 上海、北京报道 再如，中国银行携手各方构建"政府+银行+协会+商户"的四维服务体系，借助"小个专"基层党组织等机 制，持续开展"兴商助业普惠行"个体工商户提升发展质量专场活动，紧扣当地商户发展需求，围绕经营 主体登记注册流程、"名特优新"申报及认定标准、财税扶持政策措施、普惠金融产品支持等内容提供咨 询解答。同时，为上百名个体工商户设置一对一沟通洽谈环节，结合商户经营特点及融资需求，在贷款 额度、用款方式、还款计划等方面为其量身定制专属授信方案，有效提升客群获得感和满意度。 金融科技提升服务可得性 12月1日，我国首个面向个体工商户的全国统一信用评价标准——《个体工商户信用评价指标》国家标 准正式实施。 该标准适用于开展个体工商户信用评价活动，助力金融机构开发和提供适合个体工商户发展特点的金融 产品和服务，扩大个体工商户贷款规模和覆盖面，提高贷款精准性和便利度。 星图金融研究院副院长薛洪言接受《中国经营报》记者采访时指出，基于《个体工商户信用评价指标》 建立的新型评价体系，银行可从产品设计和服务模式两方面进行创新。一方面，可通过整合经营流水、 纳税记录、订单数据等多源信息，构建更精准的 ...

Regulatory Changes in Food Safety and Transportation - The revised Food Safety Law of the People's Republic of China will take effect on December 1, 2025, mandating that road transport operators of key liquid foods must prominently display food-specific labels on transport containers and adhere to national regulations for container use and cleaning [1] - The new regulations for chain catering service enterprises will also be implemented on December 1, requiring headquarters to possess the necessary management capabilities and assume responsibility for food safety across branches and central kitchens [2] Electric Bicycle Regulations - Starting December 1, all electric bicycles that do not meet the new national standards will be banned from sale, emphasizing the importance of CCC certification for consumers [3][4] School Meal Transparency - The Campus Meal Service Management Guidelines will be enforced on December 1, requiring food processing operations to be integrated with an "Internet + Bright Kitchen" system, allowing parents and students to view key food processing steps [5][6] Resource Tax Regulations - New resource tax regulations will clarify that certain mined products used for project backfilling will not be subject to resource tax, effective December 1 [7] Medical Mask Standards - The revised national standard for medical protective masks will prohibit the use of breathing valves in disposable masks, effective December 1, ensuring they are equipped with a nose clip or equivalent design for a secure fit [8] Anti-Money Laundering Regulations - The Anti-Money Laundering and Counter-Terrorism Financing Supervision Management Measures will take effect on December 1, requiring financial institutions to submit annual reports by the end of March each year [11] Individual Business Credit Evaluation - The Individual Business Credit Evaluation Indicators standard will be implemented on December 1, aimed at assisting financial institutions in developing tailored financial products for individual businesses, thereby expanding loan accessibility [13] Environmental Regulations - New regulations in Beijing will ban the use of high-emission non-road mobile machinery starting December 1, promoting environmental sustainability [14] Vocational Education Development - The Liaoning Province Vocational Education Regulations will be enacted on December 1, encouraging the establishment of vocational colleges and expanding enrollment in applied undergraduate programs [16] Weather Modification Management - The Fujian Province Weather Modification Management Regulations will take effect on December 1, emphasizing the use of new technologies in weather modification for disaster prevention and agricultural safety [18] Historical Building Protection - The Shandong Province Historical Building Protection Measures will be implemented on December 1, detailing nine criteria for recognizing historical buildings [19] Food Security in Grain Production - The Henan Province Grain Security Guarantee Regulations will be enforced on December 1, focusing on enhancing the supply of quality and functional grain products [22] Data Flow Regulations - The Hunan Province Data Regulations will take effect on December 1, promoting orderly and efficient data circulation among individuals and organizations [23] Tourism Regulations - The Hainan Free Trade Port Tourism Regulations will allow for the establishment of all-night bars and entertainment venues in key tourist areas starting December 1 [25] Sanitation Worker Rights - The Sichuan Province Urban Sanitation Worker Salary Special Account Implementation Rules will be enacted, aiming to protect the rights of sanitation workers [27]

Core Viewpoint - The National Standard for Individual Business Credit Evaluation Indicators (GB/T 46278—2025) has been established to facilitate the orderly sharing and efficient utilization of credit evaluation information, thereby supporting credit financing for individual businesses [1] Group 1: Purpose and Benefits - The credit evaluation aims to leverage credit value to assist financial institutions in developing and providing financial products and services tailored to the characteristics of individual businesses [1] - The initiative seeks to expand the scale and coverage of loans for individual businesses, enhancing the precision and convenience of loan access [1] - It will also support targeted assistance for individual businesses, encouraging and guiding their sustainable development through standardized support [1] Group 2: Implementation and Impact - The release and implementation of this standard align with the policy requirements for high-quality development of the social credit system and the construction of a unified national market [1] - It addresses the current challenges faced by the individual economy, particularly the difficulties of expensive and inaccessible financing [1] - The standard will aid in flexible regulation, prudent supervision, and targeted assistance for individual businesses [1]

Group 1 - The People's Bank of China conducted a 30.4 billion yuan 7-day reverse repurchase operation, resulting in a net injection of 74.9 billion yuan after 22.91 billion yuan of reverse repos matured on the same day [1] - Current monetary policy is focused on flexible use of various tools to manage liquidity based on market interest rate changes, aiming to stabilize market expectations and meet reasonable liquidity demands [1] Group 2 - Major interbank interest rate bond yields rose sharply, with the 10-year government bond yield increasing by 1.75 basis points to 1.8125% and the 30-year government bond yield rising by 2.25 basis points to 2.0925% [2] - Market sentiment is heavily influenced by policy expectations, liquidity, and marginal changes in macroeconomic data, with a general upward trend in bond yields indicating a weakened appetite for bond assets [2] Group 3 - COMEX gold prices surpassed the 3,700 USD/ounce mark for the first time, reaching a historical high of 3,702.1 USD/ounce, driven by increased demand for risk hedging and safe-haven assets [3] - This price movement is likely influenced by global geopolitical tensions, rising inflation expectations, and uncertainties in monetary policy [3] Group 4 - The release of the national standard for the "Individual Business Credit Evaluation Indicators" aims to enhance credit evaluation mechanisms for individual businesses, facilitating better access to financing [4] - The standard is designed to help financial institutions develop and provide financial products tailored to the characteristics of individual businesses, thereby expanding their loan scale and improving loan precision and convenience [4] Group 5 - A federal judge temporarily blocked President Trump's decision to dismiss Federal Reserve Governor Lisa Cook, indicating ongoing legal and political challenges surrounding Federal Reserve governance [5]

Group 1 - On September 10, the State Council approved the establishment of the Huangyan Island National Nature Reserve [2] - The Ministry of Industry and Information Technology and five other departments announced a three-month special rectification action in the automotive industry to address online chaos [2] - The State Administration for Market Regulation released national standards for individual business credit evaluation to facilitate credit financing for individual businesses [2] Group 2 - The Financial Regulatory Administration held a meeting to reinforce the implementation of the Central Eight Regulations and promote a culture of compliance within the financial system [3] - The Financial Regulatory Administration, the People's Bank of China, and the China Securities Regulatory Commission will jointly conduct a financial education campaign from September 15 to 21, 2025 [3] - On September 10, new futures and options for various commodities were launched on the Shanghai Futures Exchange, increasing the total number of domestic commodity futures options to 136 [3] Group 3 - Prudential Insurance Asset Management Company received approval from the Financial Regulatory Administration to commence operations, marking a significant step in the opening of China's insurance asset management industry to foreign investment [4]