Saturday, October 1st [Sun] Happy Fudajia Festival! May the motherland prosper and thrive

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Saturday, October 1st – Happy Festival to everyone! May our country prosper and thrive. Morning update from Safety Think Tank: 1. Beyond expectations! In September, China’s manufacturing purchasing managers’ index was 50.1%, returning to the expansionary range. 2. First cut in 7 years! The central bank reduced the interest rate on loans for first-time homebuyers using personal housing provident funds by 0.15 percentage points. 3. Two departments: By the end of next year, residents who trade in their current homes for new ones will be eligible for a “tax rebate on the personal income tax they have already paid on the sale of their existing homes”. 4. Han Xu scores 19 points! The Chinese women’s basketball team defeated host Australia to make it to the World Cup finals. 5. The Ministry of Education has announced a list of 44 competitions for primary and secondary schools; the results of these competitions cannot be used as a basis for admission or as extra points in the college entrance examination. 6. The spot exchange rate of the RMB against the USD regained the 7.10 level; in September, it fell by nearly 3% cumulatively. 7. Official announcement! Geely Holding acquired a 7.6% stake in Aston Martin Lagonda. 8. The C919 large airliner has been successfully developed and has obtained its type certificate; the first aircraft is scheduled to be delivered by the end of this year. 9. Freeze on hiring for the first time! Zuckerberg told Meta employees to cut costs and drastically reduce budgets. 10. Putin signed treaties for four regions to join Russia, while Zelenskyy submitted Ukraine’s application to join NATO. 11. U.S. Senate passes short-term funding bill, agreeing to provide another $12.3 billion in aid to Ukraine ； Norway will provide Ukraine with financial assistance amounting to 3 billion kroner. 12. Beyond expectations! In September, year-on-year CPI in the Eurozone rose by 10%, marking the first time it reached double digits. 【Heart’s Words】Forever young, forever in tears. --Jack Kerouac