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00:00:36Hello, audience friends. This is CCTV News Channel at 2:00 AM. Welcome
00:00:40to this news live broadcast. The Ministry of Commerce
00:00:44held a press conference on the 17th. News spokesman He Yadong
00:00:48responded to questions about the US-China bilateral tariff reduction arrangement
00:00:52of 30 billion US dollars
00:00:53.
00:00:56Currently, the US-China economic and trade teams are discussing related issues.
00:01:06Recently, European Commission President von der Leyen published her 2026 State of the Union address,
00:01:10making statements such as "China Shock 2.0".
00:01:14In response, the Ministry of Commerce spokesperson responded at a regular press conference
00:01:17.
00:01:21China has taken note of the situation. I want to
00:01:25emphasize here that China's position and attitude
00:01:28are consistent. Clear.
00:01:32At the same time, we do not engage in microphone diplomacy, nor
00:01:36do we engage in verbal sparring.
00:01:39At the press conference, spokesman He Yadong also responded to the public procurement
00:01:43law legislative draft recently published by the European Commission
00:01:46.
00:01:49China has taken note of the public procurement law
00:01:53legislative draft published by the European Commission. This draft sets out European
00:01:56preferential clauses. It also requires
00:02:04non-market factors such as safety to be included in industry standards, excluding or restricting non-compliant
00:02:07third-country enterprises. China is highly concerned
00:02:11about this. In recent years, the EU has
00:02:15continuously introduced cybersecurity law revision proposals, industrial acceleration
00:02:18period bills, and public procurement bills. In the name of
00:02:22cybersecurity and industrial development, it has supported
00:02:26protectionism and frequently set up obstacles.
00:02:36China urges the European side to abide by trade
00:02:40rules, keep the market open
00:02:42, revise the discriminatory clauses in
00:02:46the bill, and create a fair
00:02:50, transparent, and non-discriminatory business environment
00:02:54for enterprises investing and operating in Europe. China will
00:02:57closely monitor the European side's legislative process.
00:03:23This is the first document signed by China with international organizations in the Netherlands regarding the implementation of the Global
00:03:27Governance Initiative. It also marks a significant
00:03:31progress in China's efforts to promote the implementation of the initiative
00:03:34internationally, one year after President Xi Jinping
00:03:38proposed the Global Governance Initiative .
00:03:40。
00:03:42Liang Jiebei Wang Lu emphasized the great significance of President Xi Jinping's Global Governance Initiative,
00:03:46stating that both sides will cooperate
00:03:50in a manner consistent with the five core principles of the Global Governance Initiative,
00:03:54promote the implementation of the initiative in the field of international law,
00:03:57strengthen exchanges and cooperation on the formulation and implementation of international
00:04:01conventions, and enhance countries' understanding of global governance. The
00:04:05cooperation between the two sides is the latest measure to further promote the implementation
00:04:09of the Global Governance Initiative, demonstrating that joint consultation, joint construction,
00:04:13and shared benefits are the common aspiration, multilateralism is a common
00:04:17consensus, and building a more just and reasonable global governance
00:04:21system is a common
00:04:21expectation.
00:04:26I once wrote to the Chinese ambassador to express my appreciation for this initiative.
00:04:30Because this initiative has many commonalities with the work of the Hague Conference on Private International Law,
00:04:34such as allowing more countries to participate in global governance
00:04:38on the basis of sovereign equality, and jointly formulate effective
00:04:41and practical rules. We respect the differences between different countries
00:04:45and different legal systems, but at the same time, we also need to connect
00:04:49these legal systems to each other. This is not to impose a unilateral
00:04:53solution on other countries, but to build a bridge that can
00:04:56span different legal systems. China has rich experience, and we can
00:05:24Private international law refers to the general term for legal rules that resolve civil and commercial legal conflicts between different countries. It deals with cross-border
00:05:27civil and commercial cases, such as which country's court
00:05:31has jurisdiction, which country's law applies, and how
00:05:35judgments take effect in other countries, and other such
00:05:37questions.
00:05:52Japanese Prime Minister Kishi Fumio reshuffled his cabinet on the 17th. This is Kishi's first cabinet reshuffle
00:05:56since taking office in October last year. Members of the Japan Innovation Party,
00:06:00the ruling partner of Japan's ruling Liberal Democratic Party, entered the cabinet for the first
00:06:03time in this reshuffle. The announced cabinet list
00:06:07shows that Cabinet Secretary Motoichi and Foreign Minister
00:06:11Motegi.
00:06:32Let's hear the analysis from Meng Mingming, a research fellow at the Institute of Japanese Studies, Chinese Academy of Social Sciences. One is
00:06:35to further consolidate power at the anniversary mark. This time,
00:06:39important positions, such as the Secretary-General of the Liberal Democratic Party, and the Foreign Minister.
00:07:12In 2027,
00:07:13the LDP election will seek re-election for a long term.
00:07:17There is also a key point, that is, this time Kishi's key point is that the Innovation Party has entered the cabinet. Currently, Kishi is under huge pressure from the opposition regarding consumption and various bills to improve the military. The Innovation Party's entry is to ensure that the bill is evaluated based on rigid requirements. We should note that the Innovation Party is a right-wing party with an emphasis on external strength.
00:08:17To complete Japan's remilitarization transformation and further reinforce Japan's long-term wartime system. According to
00:08:19Japan's Kyodo News, regarding the three security documents that the Japanese
00:08:23government will revise by the end of the year, several related sources revealed
00:08:27the contents of the draft defense force development plan on the 16th.
00:08:31In the five years from 2027 to 2031, the Japanese
00:08:35government plans to introduce about 52,000 unmanned equipment
00:08:38for long-range strikes, intelligence gathering, and other missions. In addition,
00:08:42including long-range missiles, the estimated cost
00:08:46to strengthen the standoff defense capability for attacking from outside the enemy's
00:08:50range will exceed 9 trillion Japanese yen,
00:08:53or about 389 billion yuan, nearly double the current
00:08:57plan. Relevant personnel pointed out that in the next five years, Japan's defense
00:09:01spending may increase to 70 trillion to 80 trillion
00:09:05Japanese yen. The total defense spending of the current
00:09:09plan for 2023 to 2027 is about 43 trillion
00:09:12Japanese yen, which will show a significant increase compared to that.
00:09:16So what are the specific contents of this draft defense
00:09:20force development plan? And what ambitions does it reveal about Japan ?
00:09:24。
00:09:27According to the content of the draft defense force development plan revealed
00:09:31by Japan's Kyodo News, Japan's budget for strengthening its artificial
00:09:34intelligence and unmanned equipment defense capabilities will reach approximately
00:09:387 trillion Japanese yen, six times the current plan,
00:10:55Japan also plans to deploy about 200 unmanned underwater
00:10:59vehicles that can perform mine-laying and long-range missile operations. These unmanned
00:11:02underwater vehicles are all large autonomous underwater platforms
00:11:06that can carry mines and deploy mines,
00:11:10and can also launch long-range missiles.
00:11:14They mainly perform two types of missions. The first type of mission
00:11:17is secret office mine-laying
00:11:20. Long-term secret operations underwater, and then
00:11:24,
00:12:15In addition, the draft also proposes building a sustainable response
00:12:19capability for long-term warfare, which is expected to require about
00:12:2310 trillion Japanese yen. Its
00:13:06aim is to further extend its firepower strike range into the enemy's hinterland. Japan's pace of militarization is accelerating. The introduction of a large number of long-range attack weapons is not for defensive
00:13:10needs, but to strengthen its offensive capabilities.
00:13:14This will impact regional peace and stability
00:13:18and affect regional security
00:13:22. It can be said that Japan is now
00:13:55This year's summer grain purchase is mainly market-based, and policy-based
00:13:59purchases are low. Currently, various entities across the country have
00:14:03cumulatively purchased over 100 million tons of wheat.
00:14:07To protect the interests of grain farmers, the state promptly initiated the wheat
00:14:11minimum purchase price implementation plan. China Grain Reserve has successively
00:14:14established 164 wheat minimum purchase price collection points in Henan
00:14:18and Anhui
00:14:19.
00:14:24The main focus of the collection
00:14:40Currently, the main area is rushing
00:14:48This is the Tea Grand Line in the mountains. Please look at the brand new steel beam above my head.
00:16:07It is introduced that as of the end of last year, the scale of online audio-visual users in my country has
00:16:11reached 1.099 billion people, and netizens watch
00:16:14more than 200 minutes per day. The market
00:16:18size of the industry has exceeded 1.2 trillion yuan. The number of
00:16:22national short video users has exceeded 800 million. The market size will exceed
00:16:26100 billion yuan in 2025. During the "15th Five-Year Plan" period, the radio and television
00:16:30and online audio-visual industries will promote the deep integration and coordinated development of the two major businesses
00:16:33of radio and television and online audio-visual. Grasp the three major aspects of ideology, public service, and technology industry.
00:17:08Let the common people watch TV more conveniently and more comfortably
00:17:11. At the press conference, a relevant official
00:17:15from the National Radio and Television Administration also introduced that this
00:17:19year, the National Radio and Television Administration, together with the Ministry of Industry and Information Technology,
00:17:22formulated integrated TV technical standards, and integrated set-top
00:17:26box functions into TV sets in software form, creating
00:17:29an extremely simple terminal form . One TV can enjoy
00:17:33live broadcast, on-demand, and other full types of TV services. Users are
00:17:37equipped with a universal remote control. They can turn it on and off with one button,
00:17:40and watch channel programs with one button. On the 17th, reporters learned
00:17:44from the State Administration for Market Regulation that a risk control list for food safety
00:17:48related to online food sales was released. The risk control list draws
00:17:52risk markers for live e-commerce, online stores, and other online food sales. This marks
00:17:56the deepening of online food safety supervision from bottom-line defense
00:18:00to precise prevention and control.
00:18:03The risk control list released this time disassembles the entire
00:18:06chain of online food sales into the smallest work units, promoting
00:18:10the transformation of online food sales enterprises from passively responding to inspections
00:18:14to actively preventing and controlling risks. For food live e-commerce platforms,
00:18:18online food trading third-party platforms, and online food production
00:18:22and sales enterprises, these three types of entities, separate lists
00:18:25are formulated, requiring them to each perform their duties and focus on
00:18:29their own priorities. For live e-commerce platform operators, the risk control
00:18:33list specifically addresses false advertising and prohibits the use of technical
00:19:01means or equipment. For providers of third-party online food trading platforms, in response to existing issues such
00:19:05as false qualifications, misappropriated qualifications, and inconsistent certifications, the risk
00:19:08control list requires platforms to conduct substantive reviews and
00:19:12update them at least every six months. For online food production
00:19:16and sales enterprises, the risk control list strictly controls the entire
00:19:20process from procurement to distribution . All three lists
00:19:23are based on the risk closed-loop management model, requiring immediate
00:19:27preventive and control measures to be taken for food safety risks found,
00:19:31and sales to be immediately stopped for potential food safety accidents,
00:19:35and reported to market supervision departments. At the same time,
00:19:38platforms are encouraged to share blacklist information among operators,
00:19:42so that those who breach trust are restricted everywhere.
00:19:46On the 17th, the 23rd China -ASEAN Expo opened in Nanning,
00:19:50Guangxi. This year's Expo attracted more than 3,400 enterprises
00:19:54from more than 70 countries and regions. Timor-Leste made its
00:19:58debut as a co-host, which is also the first time that
00:20:0211 countries have gathered in Nanning since ASEAN's expansion. This year's
00:20:06Expo also set up an East
00:20:20At the same time, the 23rd China-ASEAN Business and Investment Summit was also held in Nanning, Guangxi on the 17th. On the 17th, the first Hualong One nuclear power
00:20:24unit in Hainan Free Trade Port, Unit 3 of the second phase
00:20:28of Huaneng Changjiang Nuclear Power, was officially put into commercial operation.
00:20:31The second phase of the Huaneng Changjiang Nuclear Power project is located in Changjiang Li Autonomous County, Hainan
00:20:35Province, and plans to build Unit 3 and Unit 4.
00:20:57put into commercial operation in August. It has completed 86
00:21:00technical modifications, and the comprehensive localization rate is about
00:21:0498.1%. Its three safety systems are
00:21:08equipped with both active and passive systems. In case of an accident
00:21:11, it can complete core heat removal through
00:21:15natural forces such as gravity and natural circulation without external
00:21:18power supply, and is equipped with 240
00:22:12The US Federal Reserve concluded its two-day monetary
00:22:15policy meeting on the 16th, announcing that it would set the federal
00:22:19funds rate target range.
00:24:24The Fed raised interest rates 11 times from March 2022
00:24:28to July 2023 to deal with high inflation.
00:24:32As the economy cooled down, the Fed turned to implementing
00:24:35six interest rate cuts from September 2024 to December 2025.
00:24:39From January to July this year, it chose to keep
00:24:43interest rates unchanged for five consecutive times. However, with the ongoing
00:24:47Middle East war, especially with energy prices remaining high, more and more
00:25:20This time, there is also a policy consideration of constraint,
00:25:24that is, if it faces repeated inflation but remains
00:25:27inactive, it will damage the Fed's credibility in fighting inflation.
00:25:31Therefore, it must take the initiative rather than passively wait for inflation
00:25:35to worsen before taking action. This rate hike also indicates that the possibility
00:25:39of rate hikes has opened up, but it does not mean that
00:25:43a continuous rate hike cycle has been initiated. It is a conditional
00:25:46rate hike or an insurance rate hike. There is indeed still
00:26:34some economies with high foreign debt and weak foreign exchange reserves will see an increase in risk, and some countries will be forced to follow suit, sacrificing
00:26:38their own growth to stabilize their exchange rates. If inflation
00:26:42persists and the Fed continues to raise interest rates,
00:26:45it will significantly increase the risk of a global
00:26:49recession. If inflation falls rapidly, and the expectation of
00:26:53interest rate hikes subsides, the market will be able
00:26:57to recover more quickly. It should be said that the global market
00:27:01will enter a period of high volatility. The Federal Reserve
00:28:32In addition to delivering a speech at the European Parliament, her itinerary
00:28:36also included meeting with British Prime Minister Burnham in the UK
00:28:40to discuss cooperation in defense and security, and meeting with
00:28:44French President Macron in France to discuss cooperation in aerospace,
00:28:48artificial intelligence, and other fields. On the 16th, von der Leyen
00:28:52stated in her 2026 State of the Union address at the European
00:28:55Parliament that she and President Carney will work together
00:28:59to make Canada the first associate member of the EU.
00:29:03Von der Leyen stated that Europe and Canada will move
00:29:06from the existing to building a common prosperous
00:29:10and economically secure space.
00:30:20So, how have European countries reacted to von der Leyen's
00:30:24push for Canada to become an associate member of the EU? What
00:30:28are the voices and statements ? Let's look at CCTV
00:30:31reporter Gu Xin's observation report from the front.
00:30:34We have noticed that European media, in their reports on
00:30:38this matter, generally mentioned the comprehensive economic and trade agreement between the
00:30:41EU and Canada. This agreement began provisional implementation in 2017,
00:30:45but the process of promoting it has been quite challenging over the past
00:30:49decade. Currently, 10 EU member states have not yet completed
00:30:53ratification. Against this background, von der Leyen's proposal in her State
00:30:57of the Union address to make Canada the first associate member of the EU seems
00:31:01quite aggressive. Another phenomenon we have
00:33:32Motor vehicles exploding in the streets or
00:33:35subway noise, up to 1,000 yuan fine for noise pollution.
00:33:41Guangzhou City noise
00:33:45Overall, it is through local legislation to fill the shortcomings in noise
00:33:49control, so that noise pollution control gradually shifts from relying
00:33:52more on ex-post treatment to source prevention. Judicial
00:33:56judgments break the conventional thinking of "meeting standards means exemption from liability".