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Real-time News
On September 17th, the Ministry of Transport held a plenary meeting of its Safety Committee and a video conference on transportation safety during the Mid-Autumn Festival and National Day holidays and the fourth quarter. The meeting emphasized the need to make every effort to ensure safety in the industry during the fourth quarter. It stressed the importance of proactively preventing severe weather events, focusing on heavy rainfall, autumn typhoons, cold waves, strong winds, and low-temperature rain, snow, and freezing disasters, and strictly implementing all proactive prevention measures. The meeting also emphasized strengthening safety supervision in key areas, conducting concentrated crackdowns on illegal road passenger transport operations, and ensuring collision prevention for commercial and fishing vessels. It called for the comprehensive completion of this years special campaign to address outstanding issues and for early planning for next years campaign. The meeting further emphasized the need to effectively ensure safety and service guarantees during the Mid-Autumn Festival and National Day holidays. This includes: 1) Effective consultation and assessment; 2) Effective safety control; and 3) Effective service guarantees. This includes implementing tailored measures for each road segment to ensure smooth traffic flow, strengthening charging services in each area, organizing and guaranteeing large passenger flows, and actively conducting live road network updates to guide the public in making reasonable travel arrangements.Both WTI and Brent crude oil prices fell by $0.70 in the short term.Pakistan announced austerity measures following a rise in fuel prices.The yield on 30-year UK government bonds fell 10 basis points to 5.76% on the day, the biggest drop since May.On September 17, Zheng Shanjie, Director of the National Development and Reform Commission (NDRC), met with Luhut Binsar Pandjaitan, Chairman of the Indonesian National Economic Council, who was visiting China. The two sides held friendly and in-depth exchanges on deepening practical cooperation between China and Indonesia in multiple fields and reached a consensus on the next steps for cooperation. Zheng Shanjie stated that China and Indonesia are geographically close and economically complementary. The NDRC is willing to work with relevant Indonesian government departments to implement the consensus reached by the two heads of state, further deepen the alignment of development strategies, continue to promote practical cooperation in multiple fields, adhere to mutual benefit and win-win results, achieve integrated and coordinated development, and jointly cultivate new drivers for global development and progress. Luhut Binsar Pandjaitan stated that Indonesia attaches great importance to exchanges and cooperation with China in various fields and looks forward to further deepening practical cooperation with China in traditional areas and creating more fruitful cooperation results in emerging fields to contribute to Indonesias economic and social development. The Indonesian National Economic Council will continue to make positive contributions to promoting and deepening mutually beneficial cooperation between the two countries.
