The 11th China-Russia Financial Dialogue took place in Beijing.

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, November 5 (Xinhua) — Chinese and Russian Finance Ministers Lan Fo'an and Anton Siluanov co-chaired the 11th China-Russia Financial Dialogue in Beijing on Tuesday, the Chinese Ministry of Finance said on Wednesday.

The two sides held in-depth discussions and reached a wide range of agreements on a range of topics, including macroeconomic conditions and policies, subnational financial management, think tank exchanges, as well as bilateral cooperation within the G20, BRICS and multilateral financial institutions.

The dialogue was attended by officials from the financial departments of both countries. -0-

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A new Chinese-Russian joint institute will focus on information technology and computational mathematics.

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, Nov. 5 (Xinhua) — A new institute jointly established by Chongqing University of Posts and Telecommunications and Russia's Far Eastern Federal University was officially opened in Chongqing, southwest China, on Tuesday, chinanews.com.cn reported.

This is the first joint educational institution specializing in engineering disciplines established by relevant organizations from Southwest China and the Russian Far East, the statement noted.

The joint institute aims to deeply integrate the advantages of the Chinese and Russian education systems, closely align with global development trends in big data, artificial intelligence, cybersecurity, communications systems, and the Internet of Things, and promote the training of talented specialists in information technology and computational mathematics.

According to the curriculum, the joint institute will offer three undergraduate programs—computer science and technology, digital media technology, and Internet of Things engineering—as well as three graduate programs—information and communications engineering, computer science and technology, and management science and engineering.

Specifically, the undergraduate and graduate programs will last four and three years, respectively. They will be included in China's national university admissions programs as part of its general higher education system. Graduates will receive diplomas from both institutions.

According to Wang Yang, director of the joint institute, students will primarily study at the Chongqing University of Posts and Telecommunications, while Russian faculty will regularly travel to China to teach classes. The institute will accommodate both Chinese and Russian students, and Chinese students will also have the opportunity to study in Russia.

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China to extend tariff suspension on US imports

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Source: People's Republic of China – State Council News

BEIJING, November 5 (Xinhua) — China will continue to suspend the 24 percent additional tariff on imports from the United States for one year, while maintaining the current rate at 10 percent, according to a statement released Wednesday by the Customs Tariff Commission of the State Council.

This adjustment will come into effect at 13:01 on November 10, 2025, the aforementioned committee reported.

This step is aimed at implementing the results and consensus reached during the Chinese-American trade and economic negotiations, the committee noted. -0-

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The US government shutdown has become the longest in the country's history.

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Source: People's Republic of China – State Council News

WASHINGTON, November 5 (Xinhua) — The U.S. Senate on Tuesday rejected a temporary government funding bill for the 14th time.

This means the ongoing federal government shutdown will be the longest in the country's history, breaking the previous record of 35 days set in 2018-2019.

The Republican-controlled Senate voted 54-44 to approve a stopgap bill approved by the House of Representatives that would have kept the government funded at current levels until November 21. A 60-vote majority was needed to overcome a filibuster and advance the bill in the upper chamber.

The ongoing shutdown is causing increasing disruptions and has impacted sectors such as aviation, food aid, and healthcare. Its impact continues to widen, putting increasing pressure on both livelihoods and the economy.

If the current shutdown lasts eight weeks, it could cost the US economy $14 billion, according to a recent report from the Congressional Budget Office.

Republicans and Democrats continue to blame each other for creating the impasse.

The Centers for Medicare and Medicaid Services warned that after expanded subsidies expire at the end of the year, average premiums could rise by about 30 percent next year.

The shutdown also affected the widely known food assistance program. Following the intervention of two federal judges, the Donald Trump administration announced on Monday that it would use funds from the emergency fund to partially fund the Supplemental Nutrition Assistance Program (SNAP) in November. Some states may need several weeks or even months to resume full benefit distribution.

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Breaking: The 36-day US government shutdown has become the longest in the country's history.

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Source: People's Republic of China – State Council News

WASHINGTON, Nov. 5 (Xinhua) — The U.S. federal government shutdown entered its 36th day at 00:01 local time (05:01 GMT) on Wednesday. It is becoming the longest in the country's history, surpassing the previous record of 35 days set during the 2018-2019 government shutdown.

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Sudan's army said it would continue fighting despite a US ceasefire offer.

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Source: People's Republic of China – State Council News

Khartoum, Nov. 5 (Xinhua) — Sudan's army announced on Tuesday that it would continue fighting the paramilitary Rapid Intervention Force (RIF), following a Security and Defense Council meeting to discuss a U.S. proposal for a humanitarian truce.

In a statement following the meeting, Defence Minister Hassan Kabrun said the council called for continued mobilisation and readiness "to destroy the rebel militias," adding that preparations were ongoing for what he called "the battle of the Sudanese people."

He said the meeting also discussed plans to facilitate the delivery of humanitarian aid and relief operations, noting that a special committee had been formed to monitor the implementation of these measures and restore stability throughout the country.

A government source told Xinhua that the US-proposed ceasefire was the top item on the agenda. "The proposal was considered, but the council did not take a final position," the anonymous source said.

The conflict between the Sudanese army and the RSF has been ongoing since April 2023. Tens of thousands of people have been killed as a result of the fighting, and millions have been forced to flee their homes, fleeing to other parts of the country or abroad.

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A cargo plane crashed in the US state of Kentucky.

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Source: People's Republic of China – State Council News

New York, November 5 (Xinhua) — A cargo plane crashed on Tuesday near Muhammad Ali International Airport in Louisville, Kentucky, local media reported, citing the Federal Aviation Administration (FAA).

According to the FAA, the cargo plane, operated by the American logistics company UPS, which was heading to Honolulu, crashed at approximately 5:15 p.m. local time shortly after takeoff from the airport.

Louisville police reported injuries and urged anyone within a 5-mile radius of the airport to take shelter.

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The 8th CIIE raises expectations for China's further opening up.

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Source: People's Republic of China – State Council News

The eighth China International Import Expo (CIIE) opened in Shanghai on November 5th.

According to available information, 4,108 companies from 138 countries and regions will participate in the exhibition, with the total exhibition space exceeding 430,000 square meters, setting a new record for size. This not only demonstrates the international community's firm trust in the Chinese economy but also once again demonstrates China's unwavering commitment to maintaining its openness.

Judging by the opening time, this year's Expo is quite significant. As Vice Minister of Commerce Sheng Qiuping stated at a press conference held several days ago by the State Council Information Office, the 8th CIIE will be the first major economic and diplomatic event following the successful Fourth Plenary Session of the 20th CPC Central Committee. The successful holding of the exhibition will be a significant step in further expanding the "circle of friends" in trade and economic cooperation.

The Proposals for the 15th Five-Year Plan devoted a separate chapter to this area, sending a clear signal to the world about China's determination to pursue a course of openness and mutually beneficial cooperation.

The CIIE is a window into China: it's easy to see how China's opening up is bringing ever-increasing opportunities to the world. According to statistics, China has been the world's second-largest import market for 16 consecutive years, and the future potential of this super-sized market remains enormous. Leveraging China's vast market, the combined trade turnover for the first seven CIIEs exceeded USD 500 billion. This not only helped companies from various countries cope with the challenges but also brought greater certainty to the global economy.

Clearly, the benefits of openness are not one-sided. The CIIE showcases not only products but also cutting-edge technologies, management concepts, business models, and more. Through this platform, which connects domestic and international markets, Chinese and foreign companies achieve closer cooperation.

China is pursuing a policy of opening up to the world, and the world, in turn, is expanding cooperation with China. This mutual movement toward cooperation is a key impetus for sustainable global economic growth. This is especially valuable given the profound changes in the global economic structure and the rise of protectionist tendencies.

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The results of the 35th China Journalism Awards have been announced in China.

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Source: People's Republic of China – State Council News

BEIJING, Nov. 5 (Xinhua) — The All-China Journalists Association (ACJ) on Wednesday released the list of winners of the 35th China Journalism Award, one of the country's most prestigious journalism awards.

A total of 377 news media works in various categories across the country were awarded the prize this year.

The lists of winning works and laureates were released ahead of China's Journalist's Day, which is celebrated annually on November 8. -0-

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Violence intensifies in Sudan's North Darfur region, UN says

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Source: People's Republic of China – State Council News

UN, November 4 (Xinhua) — Violence has intensified in Sudan's North Darfur state after the Rapid Reaction Force (RRF) captured its capital, El Fasher, according to UN humanitarian officials.

According to the UN Office for the Coordination of Humanitarian Affairs (OCHA), several airstrikes and drone strikes were recorded in the El Fasher, Tina and Mount Wana areas on Sunday.

Local sources reported civilian casualties, but OCHA said it could not confirm these reports due to limited access and difficulties in communicating with people in the affected areas.

On Monday, World Health Organization Director-General Tedros Adhanom Ghebreyesus condemned ongoing attacks on healthcare facilities in Sudan following the attack on the Kernoi Paediatric and Maternity Hospital in North Darfur, which left at least four people dead and three injured. He said such attacks on healthcare facilities must stop everywhere.

Despite dangerous working conditions, the UN and its partners continue to provide vital assistance wherever possible, OCHA said.

The agency added that the international organization and its partners are expanding therapeutic nutrition and vitamin supplementation programs. At the same time, efforts to ensure safe childbirth and emergency care for pregnant women through mobile clinics are continuing.

The security situation in Sudan's Kordofan region is also deteriorating, OCHA reported. Local sources reported that at least 40 civilians were killed and dozens wounded on Monday in an attack on a funeral ceremony in El Obeid, the capital of North Kordofan.

“OCHA reiterates its call for an immediate cessation of hostilities and calls on all parties to protect civilians and respect international humanitarian law,” the agency said. –0–

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