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00:00:41Hello audience friends, this is CCTV News Channel. Welcome
00:00:45to this news live broadcast at 1 am. Reporters learned from
00:00:48the National Grain Market and Material Reserve Bureau that the national summer grain
00:00:52purchase is nearing completion, and all preparations for autumn grain purchase are in
00:00:56place. This year's summer grain purchase focuses on
00:01:42the main producing areas.
00:01:51This is the Wucheng line of Dashan, everyone, look at the top of my head, it is a brand new steel beam with a height of more than 20 meters.
00:02:35so that autumn grain can be collected, stored, and transported. At present, grain storage capacity, purchase funds, personnel, equipment, etc. are ready.
00:02:39It is estimated that this year's autumn grain will forget to implement a trench volume of about 350 million
00:02:42tons. We will strengthen market monitoring and information dissemination, effectively
00:02:46playing the role of grain market production and service center drying, etc., to help
00:02:50farmers reduce losses and increase income. The State Council's new
00:02:53press office held a series of themed press conferences
00:02:57on the 17th. National Radio and Television.
00:03:30The audio-visual industry will promote the deep integration and synergistic development of broadcast television
00:03:33and online audio-visual services, grasp the three major attributes
00:03:37of ideology, public service, and technology industry, and coordinate
00:03:41the four business layers of broadcast television network,
00:03:44IPTV Internet TV and public Internet to accelerate high-quality development
00:03:48. We will actively promote the innovative integration and application
00:03:52of artificial intelligence . While giving full play to its strengths,
00:03:55we will regulate its shortcomings and manage and utilize artificial intelligence
00:03:59well. In the application of the radio and television
00:04:03industry, we will also build a new generation of radio and television networks, accelerating the development
00:04:07of ultra-high definition, promoting integrated TVs, so that
00:04:11ordinary people can watch TV more conveniently and comfortably
00:04:14. At the press conference, relevant officials from the National Radio and Television
00:04:18Administration also introduced that this year, the Radio and Television Administration, in conjunction with the Ministry of Industry
00:04:21and Information Technology, formulated a unified television technical standard, integrating
00:04:25the set-top box function into the TV in the form of software
00:04:29.
00:04:43Reporters learned from the State Administration for Market Regulation on the 17th that a list of food safety risk
00:04:47control related to online food sales has been released.
00:04:50The control list draws risk lines for live e-commerce, online stores and other online food
00:04:54sales, marking the transition of online food safety
00:04:58supervision from the bottom line
00:05:26online food production and sales enterprises. These three types of entities have separate lists, requiring them to perform their respective duties and have their own testing methods
00:05:29. For live e-commerce platforms operators, the control list
00:05:33specifically addresses false advertising issues and explicitly states that
00:05:36technical means or equipment facilities shall not be used to significantly change
00:05:40the true color of food
00:06:12at least once every six months. For online food production and sales
00:06:16enterprises, the control list strictly monitors the entire process from
00:06:20procurement to distribution. The three lists are all based on
00:06:24the risk management model, requiring immediate control measures
00:06:28to be taken for identified food safety risks, and for sales to be immediately
00:06:32stopped for potential food safety incidents or risks, and to report to the market
00:06:35supervision department. At the same time, platforms are encouraged to share
00:06:39blacklists among operators .
00:06:55so that those who act in bad faith are restricted everywhere once they violate the law. Reporters learned from China Railway Group that starting from the 17th, the Suifenhe Port will pilot the application of international intermodal electronic waybills to replace traditional paper waybills for cross-border transport
00:06:57. The first national railway international
00:07:01intermodal electronic waybill was issued by China Railway Harbin. The waybill
00:07:05carries 276 tons of industrial raw materials, which will pass through China's Suifenhe
00:07:09River Port and Russia's Grodekovo Port, arriving at Russia's Chelyabinsk
00:07:13region. The railway international intermodal waybill
00:07:16is a legal document for handling cross-country railway transportation. It details
00:07:20information such as commodity categories, weight, shipping routes, consignors, consignees, and carriers
00:07:24. In the past, international intermodal transport required multiple paper waybills
00:07:28to be transmitted with the vehicle. After piloting the international
00:07:32intermodal electronic waybill, customers do not need to handle paper waybills.
00:07:36From station acceptance to port handover, to destination delivery,
00:07:39the entire transportation process will be based on all parties.
00:07:48This will effectively solve the pain points of low efficiency in manual transmission of paper waybills, numerous paper documents, and complex cross-border procedures, standardize international intermodal data collection, reduce logistics
00:07:52document management and transmission costs, and improve the overall efficiency
00:07:56of cross-border transportation. The 13th Beijing Xiangshan
00:08:00Forum will be held on the 17th. Over the past two days,
00:08:03official representatives from nearly 100 countries, regions, and international
00:08:07organizations, as well as domestic and foreign experts and scholars,
00:08:11have gathered to discuss important issues such as Asian security, regional cooperation, and governance. Representatives from various countries and regions have engaged in exchanges.
00:08:34.
00:08:34In recent years, Asian security issues have continued to receive attention, and promoting political trust and dialogue has become
00:08:49Asia's path through cooperation rather than
00:08:54confrontation. To maintain stability in Asia, we need to continuously engage in multilateral and multi-level dialogue,
00:09:00including government dialogue, as well as control and civilian exchanges.
00:09:08I believe in dialogue, not confrontation, and cooperation, not division.
00:09:12This is the path that Asia should take. This call
00:09:16for dialogue to promote cooperation resonated widely among the guests
00:09:20. Faced with the different security concepts of Asian countries,
00:09:24how to enhance understanding and find common interests is also an important
00:09:28issue that needs to be addressed to achieve common regional security
00:09:30.
00:09:33To achieve common security, we also need peaceful negotiations
00:09:37and peaceful consultations, putting everything on the table,
00:09:41just like me.
00:09:49There is a kind of direct contact between people, and I am willing to compare it to having a good friend with whom one can communicate
00:09:52well and interact smoothly, in order to enhance mutual
00:09:56understanding. We certainly need sufficient mutual
00:10:00understanding, and at the same time to address those issues involving common
00:10:03interests. Only in this way can we live in harmony
00:10:07and peace in this region .
00:10:10。
00:10:13We believe that the security of one country should not be built upon the insecurity
00:10:17of another. Sustainable security must be constructed through dialogue, respecting
00:10:20each other's interests and international law.
00:10:24From
00:10:55the first cabinet reshuffle
00:10:56.
00:11:03The legislators were first included in the cabinet in this reshuffle. The announced list of cabinet members shows that Chief Cabinet Secretary
00:11:07Matsuno Haku, Foreign Minister Motegi Toshimitsu, Defense
00:11:10Minister Kishi Nobuo, Finance Minister Suzuki Shunichi, and others
00:11:14remain in their posts. The former Secretary General of the Japan Innovation Party , Baba Nobuyuki,
00:11:18serves as the Minister for Regulatory Reform.
00:11:22This time, Japanese Prime Minister Kishida Fumio reshuffled his cabinet.
00:11:55Kishida also excluded his main rival, Hayashi Yoshimasa, from this reshuffle to prevent him from
00:11:58creating problems for Kishida within the government . So, in general,
00:12:02one of Kishida's main goals in this reshuffle is to consolidate his power base
00:12:06within the party through various exchanges of interests . He is comprehensively preparing
00:12:09for the LDP presidential election in the autumn of 2027, seeking
00:12:13re-election to achieve long-term governance. Another key point is that this time Kishida reshuffled the cabinet with a focus
00:12:17on the Japan Innovation Party entering the cabinet . Currently, Kishida is working on
00:12:21various bills related to consumption tax reduction and military buildup.
00:12:45After this cabinet reshuffle by Kishida, the government's right-wing tendencies will become
00:12:49more solidified and distinct. With a lower stance on foreign policy,
00:12:52the Japan Innovation Party, which has long advocated for amending the constitution and expanding the military, has joined the government, and Kishida has further marginalized
00:12:56the traditional moderate factions within the Liberal Democratic Party . Kishida can be said
00:13:00to have further cleared internal obstacles within the current Japanese political system,
00:13:04which will help him forcefully finalize the new three security documents
00:13:07by the end of the year, completing Japan's militarization
00:13:11transition in terms of system, military force, and strategy, and further strengthen Japan's
00:13:15long-term readiness for war. The US Federal Reserve
00:13:18Committee concluded its two-day monetary policy meeting on the 16th, announcing
00:13:22an increase in the target range for the federal funds rate.
00:13:39This is the first interest rate hike by the Federal Reserve since July 2023, after more than three years. The White House expressed regret about this on the same day. The Federal Open Market Committee of the Federal Reserve unanimously agreed on the same day that the decision to raise interest rates was in line with market
00:13:43expectations. The Federal Reserve stated in its statement that
00:13:46inflation remains high, and that the monetary policy decision of the day will be for inflation
00:13:50to fall faster to the Federal Open Market Committee.
00:13:54场 委 员 。
00:14:18The median forecasts for the federal funds rate in 2027 and 2028
00:14:22both increased by 50 basis points. The three major US stock indexes
00:14:26closed down on the same day . White House spokesman
00:14:30Karsick said on the 16th that from the government's perspective, the Federal
00:14:33Reserve's decision to raise interest rates was quite regrettable. Subsequently,
00:14:37US President Trump posted a message again urging the Federal Reserve
00:14:41to quickly lower interest rates, and stating that interest rates should be at 1%
00:14:44or lower. The American public's reaction to the Federal Reserve's interest
00:14:48rate hike decision was not uniform
00:14:50.
00:15:28The Federal Reserve raised interest rates 11 times from March 2022 to July
00:15:322023 to combat high inflation. As the economy
00:15:36cools, the Federal Reserve
00:15:47from January to July this year, it chose to keep interest rates unchanged five times in a row. But as the Middle East war continues, especially with energy prices remaining
00:15:51high, more and more Federal Reserve officials believe that further
00:15:55interest rate hikes are needed to curb inflation. This interest rate hike is essentially a
00:15:59preventive tightening, with the focus being to re-emphasize the fight against
00:16:02inflation. We see that the core inflation in the US is falling slower
00:16:06than expected.
00:16:19So, this time, tightening policies are needed to prevent inflation expectations from decoupling and avoid
00:16:22the entrenchment of high inflation. This time, there is also a consideration of policy credibility,
00:16:26which is that if faced with repeated inflation but remaining inactive,
00:16:30it will undermine the Federal Reserve's credibility in fighting inflation. Therefore,
00:16:34it must proactively act, rather than passively waiting for inflation to further deteriorate
00:16:38before taking action. This interest rate hike also indicates that the possibility of interest rate hikes
00:16:42has opened up, but it does not mean that a definitive continuous interest rate hike
00:16:45cycle has begun. It belongs to a conditional interest rate hike or an insurance-type interest rate hike.
00:16:49There is indeed a possibility of further interest rate hikes within the year, which is if inflation
00:16:53continues to persist, it may continue to raise interest rates. But this is not a foregone
00:16:57conclusion . For example,
00:17:00if inflation significantly falls or oil prices fall, or if employment cools down,
00:17:04it may stop raising interest rates, and the policy will be highly dependent
00:17:07on the upcoming data, and will not commit to continuous interest rate hikes
00:17:11. Interest rate hikes, coupled with the hawkish expectations, will be transmitted externally through the US dollar, US bond yields,
00:17:15capital flows, commodity prices, and other channels.
00:17:19In the future, the US dollar index may continue to strengthen, and US bond yields
00:17:22will rise. The impact on emerging markets is actually the greatest
00:17:26. After the US dollar strengthens, the pressure of local currency depreciation in emerging markets
00:17:30will increase, and imported inflation will also rise. The cost of refinancing
00:17:34US dollar debt will also cause some foreign debt. High foreign exchange
00:17:38reserves are weak in economies, and risks increase. Some countries
00:17:41will also be forced to follow suit, sacrificing their own growth to stabilize the exchange rate. If
00:17:45inflation persists and the Federal Reserve continues to raise interest rates,
00:17:49then it will significantly raise the risk of a global recession.
00:17:52If inflation falls rapidly and expectations of interest rate hikes fade,
00:17:56the market will be able to recover more quickly. It should
00:18:00be said that the global market will enter a period of high volatility
00:18:03. Canadian Prime Minister Trudeau on the 17th
00:18:07in France.
00:18:21He said Canada and the EU are allies not only in times of peace. Trudeau's three-day visit to Europe started on the 15th,
00:18:25in addition to giving a speech at the European Parliament. His itinerary also included meeting
00:18:29with British Prime Minister Johnson in the UK to discuss defense
00:18:33and security, and energy .
00:18:36全 、 能 源 。
00:18:40Meeting with French President Macron in France to discuss cooperation in aerospace,
00:18:44energy, critical minerals, satellites, artificial intelligence and other fields
00:18:48. Trudeau also became the first non-European head of state
00:18:52to be invited to attend European Commission President von der Leyen's
00:18:55State of the Union address. Von der Leyen
00:18:59stated in her 2026 State of the Union address at the European Parliament
00:19:03on the 16th that President Trudeau would lead Canada to become
00:19:07.
00:20:39in response to Sweden's move to prevent an Iranian diplomat from continuing his duties in Sweden
00:20:43. The statement said that Sweden's previous accusation of Iran interfering in Swedish
00:20:47security affairs was baseless . The Swedish government announced on the 16th
00:20:51that due to the activities of a diplomat at the Iranian embassy in Sweden
00:20:55not conforming to the Vienna Convention on Diplomatic Relations, Sweden requested
00:20:58his departure. That's all for this news segment. For more news information,
00:21:02please follow the CCTV News client, and for more mobile videos, please download
00:21:06CCTV Video.
00:21:21The power load this summer set a new high.