Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking. Treat it as a searchable index of what was broadcast, not a quotation record.
00:00:01Hangzhou is cloudy with a temperature of 15 to 22
00:00:04degrees. The whole continent is cloudy with a temperature of 21 to
00:00:0828 degrees . Zhangzhou is cloudy with a temperature of
00:00:1121 to 32
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00:00:38Hello, audience friends, this is CCTV News Channel. At 9 am
00:00:41, welcome to this news live broadcast . From today until the 5th,
00:00:45the 2026 World Internet Conference Wuzhen Summit series of activities will be held in Zhejiang
00:00:49Jiang Wuzhen. This summit , in addition to the main forum, has
00:00:5327 sub-forums, a record high in recent years. The topics
00:00:57cover robots and giant body intelligence.
00:01:13As an important part of the World Internet Conference Wuzhen Summit, the 2026 Internet Light Expo officially opened today. 671 companies from 54 countries and regions displayed more than 1,000 new products and new technologies
00:01:17. This
00:01:20expo focuses on intelligent interconnection and intelligent construction of the future
00:01:24, setting up new connections in space, sky, land and sea , new intelligent emerging spaces
00:01:28, and new human-machine symbiosis.
00:01:36Among them, satellite Internet and 6G and other new Internet technologies
00:01:39and new products were unveiled for the first time at the expo
00:01:43. This expo also adopted a scenario-based approach, focusing on
00:01:47displaying hundreds of embodied intelligent robots for industrial manufacturing, health care,
00:01:51and cultural education , demonstrating the deep integration of scientific and technological innovation
00:01:55and industrial innovation , jointly empowering production
00:01:58and life.
00:02:38It is understood that the 2026 Internet Light Expo will last until November 5th, during which
00:02:42115 digital innovation releases and ten
00:02:45industrial cooperation matchmaking activities will be held.
00:02:49What innovative products does the Internet Light Expo have ? How will intelligence
00:02:53create the future and affect our lives ? News live broadcast at 10 o'clock. Reporters
00:02:57will go into the expo to bring live broadcasts.
00:03:19The 9th China International Import Expo will be held in Shanghai from October 5th to 10th
00:03:23. At present, the Shanghai Pavilion in the National Exhibition and Convention Center
00:03:27has been basically completed , and a large number of
00:03:32Shanghai-style time-honored brands, intangible cultural heritage, and local innovative good products are about to be unveiled to global exporters
00:03:36who come to the CIIE to showcase traditional Chinese culture
00:03:39. Recently, the central bank announced that the loan interest rate will be changed from a relatively single
00:03:43LPR-based pricing to a more diversified pricing mechanism
00:03:47. Next, we will explain loans clearly in the form of Q&A
00:03:56? When we buy houses or businesses expand, we all need loans. When the bank
00:04:00sets the loan interest rate for you, it's not just decided on a whim
00:04:04. It has to have a benchmark, and this benchmark is called the pricing benchmark.
00:04:08As a reference for loan pricing . In the past, everyone only used one
00:04:11benchmark, which was LPR. So what is LPR
00:04:15again? I'm quoting 2.95%, and I'm quoting
00:04:183.05%. You see, that's how LPR comes about
00:04:22. There are a total of 20 representative banks, and each month they submit
00:04:26their own quotes, then remove the highest and lowest prices, and the rest
00:04:32is averaged to get the LPR for that month. Simply put , LPR is the interest rate quoted
00:04:36by various banks. It is updated monthly. Whether it is a mortgage,
00:04:40personal consumer loan, or small and micro enterprise loan , in previous years, most of them
00:04:44used LPR as the pricing benchmark . On its basis, points are added
00:04:47or subtracted to determine the final interest rate. Now the dual-benchmark era
00:04:51has come. The central bank governor said that a new benchmark will be added
00:04:55to the loan interest rate in the future . What
00:04:58is this second interest rate
00:05:00? Bank, recently we've been tight on cash, so we need to borrow
00:05:04some money from you. That's right, you see, banks may seem to have a lot of money, but they also have
00:05:07times when they're tight on cash. So what do banks do when they're short of money
00:05:11? They go to the interbank market.
00:06:12changes. To carry out its investment and financing decisions in a more market-oriented way
00:06:16. For banks, using it can make it easier
00:06:20to price reasonably according to funding costs . And LPR has good
00:06:24stability, so for mortgages, personal loans, and small and micro enterprise loans, continuing
00:06:28to use LPR may be more suitable. In short, the dual-benchmark
00:06:32reform is to make interest rate transmission smoother. The central bank's
00:06:35policy signals can be transmitted to the real economy more quickly. The marketization
00:06:39degree is higher, and it can also meet the needs of different people.
00:06:44According to information from market supervision departments in Qingdao, Shandong and Chengdu, Sichuan
00:06:48, after CCTV reported yesterday that some merchants were selling fake
00:06:52white paper, the two places immediately launched a joint investigation. A
00:06:56merchant in Qingdao admitted to having sold fake white paper. Law enforcement officers
00:07:00seized and detained the goods , took samples for testing
00:07:03, and filed a case for investigation according to law . At the same time, law enforcement officers were organized
00:07:07to conduct investigations on 23 sanitary product business entities
00:07:11in the Shunlu Wholesale Market.
00:07:26At the same time, law enforcement officers were organized to conduct a comprehensive inspection of relevant materials and Chinese herbal medicines in the market
00:07:30, and organize special sampling . All sectors of society are welcome to jointly
00:07:34supervise and call 12315 to provide clues
00:07:53said in an interview with the media on November 1st that the Iranian delegation's
00:07:57visit to Qatar was a continuation of Iran's continuous communication
00:08:01with Qatar, Pakistan and other mediators . Regarding the conditions for opening the Strait of Hormuz
00:08:05, Araghchi said that Iran could change
00:08:08its previous 7-day plan to a 2-day plan.
00:08:14Araghchi said that the current plan on the table is basically
00:08:17the same as Iran's previously proposed 7-day plan . The 7-day plan
00:08:21proposed Iran's conditions for opening the Strait of Hormuz
00:08:25, and if Iran's conditions were met, the Strait of Hormuz
00:08:28would be opened on the sixth day , and US-Iran negotiations would resume
00:08:32on the seventh day. Mediators such as Qatar and Pakistan have also held multiple consultations
00:08:36and discussions on this , and have proposed
00:08:40a plan that is more feasible than Iran's 7-day plan
00:09:16It is understood that the conditions proposed by Iran for the United States to fulfill its commitments include: determining a new navigation route
00:09:20for the Strait of Hormuz , unfreezing Iranian funds
00:09:24, ending regional wars including Lebanon , lifting the maritime blockade
00:09:28, Iran's oil export or waiver, lifting new sanctions
00:09:31imposed by the United States after the Iranian nuclear deal was abandoned
00:09:35, etc. Araghchi emphasized that Iran also mentioned other conditions in the letter
00:09:39it submitted. These conditions are not inappropriate.
00:09:53Araghchi pointed out that all these issues are now on the table. As long as the US side abides by Iran's two-day plan , it will pave the way for peace
00:09:57and enable the Strait of Hormuz to return to normal. After the United States
00:10:01fulfills its relevant commitments and the Strait of Hormuz is opened, the path
00:10:05for Iran and the United States to resume negotiations will
00:10:08open. Iranian military spokesman
00:10:12Kaminia said on November 1st that if the United States launches another war
00:10:16, it will immediately face a devastating counterattack , and the scale will far exceed
00:10:20previous ones. Akraminia said that if a conflict breaks out in the future
00:10:24, when it ends will be decided by Iran. If the United States takes new
00:10:27adventurous actions, US facilities , equipment, troops
00:10:31and related interests within Iran's strike range may all become targets of retaliation
00:10:35. On the evening of the 1st local time , the Israeli Presidential Office sent letters
00:10:39to the elected parliamentary parties , inviting their representatives to participate in consultations
00:10:43to prepare for the President's decision on who will form the next government
00:10:46. Consultations will begin on November 4th . The Presidential Office urged
00:10:50all parties to participate with an open attitude to avoid holding another election
00:10:54. As the US midterm elections approach on November 3rd , the Republican and Democratic
00:10:58parties continue to dispute the legitimacy of ballots
00:11:02. Disputes over the identity verification of California absentee ballots
00:11:05and the same-name incident in the Alaska Senate election
00:11:09have all led to lawsuits .
00:11:13In California, the US Department of Justice requested the state's election department
00:11:17to verify the identity of about 20,000 absentee voters
00:11:21, and not to count their ballots before confirming their US citizenship
00:11:25. It sued California election officials in mid-October
00:11:29for failing to comply on time . Democratic Governor Newsom accused
00:11:32the Department of Justice of being weaponized and politicized , saying that the relevant list lacked
00:11:36basis and could lead to eligible voters losing their right
00:11:40to vote. On October 30th , the US Ninth Circuit Court of Appeals
00:11:43rejected the Department of Justice's lawsuit . Acting Deputy Attorney General
00:11:47Michael Terrell said that an appeal to the Supreme Court before election day
00:11:51is possible. In Alaska , the incumbent Republican
00:12:43hopes that Turkish President Erdogan will use his communication channel with Putin to facilitate
00:12:47this direct negotiation between leaders
00:12:49.
00:12:53He hopes to talk directly with Putin himself, because Putin has
00:12:57the final decision-making power on relevant matters. Russian presidential aide Ushakov on November 1st .