Xi's Message of Looking Beyond GDP in Development - Li Wants Stronger Cost Investigation & Price Monitoring in NEV Sector - Wang Yi Meets Iran & Pak FMs
Here are the key reports and articles that I found noteworthy from the People’s Daily’s edition on Thursday, July 17, 2025.
Page 1: At the top of the page is a report on Xi Jinping sending a message of condolence to Nigerian President Bola Tinubu over the death of former Nigerian President Muhammadu Buhari.
Below this is a report informing about the publication of new books of Xi’s discourses. These are “On Education”, “Outline for Studying Xi Jinping Thought on Culture,” and “Xi Jinping among the People: Moments in Focus.” These were released at the opening of the Hong Kong Book Fair. The report says that:
“HKSAR Chief Executive John Lee Ka-chiu, responsible comrades from the Liaison Office of the Central People’s Government in Hong Kong, representatives from patriotic Hong Kong institutions and associations, representatives from Hong Kong’s political, economic, education, cultural, and publishing circles, as well as youth representatives from Hong Kong, attended the new book launch event.” 香港特别行政区行政长官李家超，中央政府驻港联络办负责同志，香港爱国爱港机构、社团协会代表，香港政经、教育、文化、出版界代表，香港青年代表出席新书发布会.
Below this is the report on the State Council Executive Meeting. The report says that the meeting was held “to study the implementation of key policies and measures to strengthen the domestic circulation, listen to reports on the preliminary rectification situation of problems discovered in the 2024 central budget execution and other fiscal revenue and expenditure audits, listen to reports on the standardisation of the competitive order of the new energy vehicle industry, and review and approve the ‘Decision of the State Council on Amending the Regulations of the PRC on the Entry and Exit Administration of Foreigners (Draft)’.” 国务院总理李强7月16日主持召开国务院常务会议，研究做强国内大循环重点政策举措落实工作，听取关于2024年度中央预算执行和其他财政收支审计查出问题初步整改情况的汇报，听取规范新能源汽车产业竞争秩序情况的汇报，审议通过《国务院关于修改〈中华人民共和国外国人入境出境管理条例〉的决定（草案）》.
“The meeting pointed out that strengthening domestic circulation is a strategic move to promote the steady and long-term development of the economy. It is necessary to identify key focus points, thoroughly implement special actions to boost consumption, systematically eliminate unreasonable restrictions that hinder residents’ consumption, optimize the policy of replacing old products with new ones for consumer goods, increase diversified supply in line with residents’ consumption needs, expand investment in new quality productive forces, emerging service industries and other fields, fully release the potential of domestic demand, and continuously enhance the endogenous driving force of the domestic circulation. It is necessary to focus on prominent issues, improve the precision and operability of policies, strengthen coordination and cooperation among departments, gather the joint efforts for policy implementation, and accelerate the solution of bottlenecks that restrict the domestic circulation. Relevant departments should further optimise policy design, listen carefully to opinions and suggestions from all sides, actively help local governments and enterprises solve difficulties and promote development, and work together to promote the continuous improvement of the economy.” 会议指出，做强国内大循环是推动经济行稳致远的战略之举。要找准关键着力点，深入实施提振消费专项行动，系统清理制约居民消费的不合理限制，优化消费品以旧换新政策，顺应居民消费需求增加多元化供给，扩大新质生产力、新兴服务业等领域投资，把内需潜力充分释放出来，不断增强国内大循环内生动力。要聚焦突出问题，提高政策精准度和可操作性，加强部门间协同配合，汇聚政策落实的合力，加快破解制约国内大循环的堵点卡点。有关部门要进一步优化政策设计，认真听取各方面意见建议，积极帮助地方和企业解决困难、促进发展，齐心协力推动经济持续向好.
The meeting pointed out that audit rectification is an important link in exerting the role of audit supervision, and is related to government's credibility and execution. For problems discovered by audits, it is necessary to consolidate the main responsibility of audited units for rectification, strengthen the supervisory management responsibility of competent departments, and ensure rectification is completed within time limits without any compromise. It is necessary to draw inferences from one instance, treat both symptoms and root causes, promptly improve systems and plug loopholes, and eradicate the breeding ground for problems. Audit rectification should be used as a powerful tool for advancing work, promoting implementation and improving efficiency through rectification, and pushing various policy measures to be implemented and achieve results. 会议指出，审计整改是发挥审计监督作用的重要一环，事关政府公信力和执行力。对审计查出问题，要压实被审计单位整改主体责任，强化主管部门监督管理责任，确保不折不扣限时整改到位。要举一反三、标本兼治，及时完善制度、堵塞漏洞，铲除问题滋生土壤。要把审计整改作为推进工作的有力抓手，以整改促落实、提效能，推动各项政策措施落地见效.
“The meeting pointed out that it is necessary to focus on promoting the high-quality development of the new energy vehicle industry, and adhere to the combination of long-term and short-term, comprehensive measures to effectively regulate the competition order of the new energy vehicle industry in response to various irrational competition phenomena in this industry. It is necessary to strengthen cost investigation and price monitoring, strengthen product production consistency supervision and inspection, and urge key automakers to implement payment period commitments. We should focus on improving the long-term mechanism for standardised competition, strengthen industry self-discipline, better leverage the role of standards in leading industrial upgrading, and guide enterprises to enhance their competitiveness through scientific and technological innovation and quality improvement.” 会议指出，要着眼于推动新能源汽车产业高质量发展，针对该产业领域出现的各种非理性竞争现象，坚持远近结合、综合施策，切实规范新能源汽车产业竞争秩序。要加强成本调查和价格监测，强化产品生产一致性监督检查，督促重点车企落实好支付账期承诺。要着力健全规范竞争的长效机制，加强行业自律，更好发挥标准引领产业升级作用，引导企业通过科技创新、提升质量等增强竞争力.
Next, there’s a report on Wang Huning attending a symposium on comprehensive expansion of domestic demand in Beijing. The symposium focused on research findings from the central committees of non-CPC political parties, the All-China Federation of Industry and Commerce (ACFIC), and personages without party affiliation.
Wang said that “since the 18th Party Congress, the CPC Central Committee with Comrade Xi Jinping as the core has firmly implemented the strategy of expanding domestic demand, accelerated the cultivation of a complete domestic demand system, and provided strong support for high-quality economic development. We must thoroughly study and understand General Secretary Xi Jinping’s important expositions on expanding domestic demand in all directions, unify our thoughts and understandings with the CPC Central Committee’s analysis and assessment of the economic situation and the decision-making and deployment of expanding domestic demand, take expanding consumption as the foundation, leverage the key role of investment, attach importance to supply system enhancement, and contribute wisdom and strength to creating a new development pattern and promoting high-quality development.” 他表示，中共十八大以来，以习近平同志为核心的中共中央坚定实施扩大内需战略，加快培育完整内需体系，为经济高质量发展提供有力支撑。我们要深入学习领会习近平总书记关于全方位扩大国内需求的重要论述，把思想认识统一到中共中央对经济形势的分析判断和扩大内需的决策部署上来，以扩大消费为基础，发挥投资的关键作用，重视供给体系的提升，为构建新发展格局、推动高质量发展贡献智慧和力量.
The report adds:
Wang said that “comprehensively expanding domestic demand is a necessity for maintaining the long-term, sustained, and healthy development of China’s economy, a necessity for meeting the people’s growing needs for a better life, and is a strategic move. It is necessary to firmly grasp the political positioning of serving the central tasks of the Party and the country, focus on key issues in comprehensively expanding domestic demand, form more in-depth, detailed and specific research results, do a good job in the application and transformation of results, and improve the quality of key investigations and research as well as the level of political consultation and suggestions. It is necessary to firmly grasp the fundamental requirement of the ‘four gatherings/concentrations’, and solidly carry out work to strengthen ideological and political guidance, so as to extensively unite hearts and efforts for the development of the cause of the Party and country.” 他表示，全方位扩大国内需求是保持我国经济长期持续健康发展的需要，是满足人民日益增长的美好生活的需要，是战略之举。要牢牢把握服务党和国家中心工作的政治站位，围绕全方位扩大国内需求的重点问题，形成更多深化、细化、具体化的研究成果，做好成果应用转化工作，提升重点考察调研质量和议政建言水平。要牢牢把握“四个凝聚”的根本要求，扎实做好加强思想政治引领工作，为党和国家事业发展广泛凝心聚力.
Next, let’s look at the feature piece on Xi’s observations during the Central Urban Work Conference. This is genuinely interesting.
“To build a modern people’s city, ‘we should adhere to the connotative development of the city as the main line’. General Secretary Xi Jinping has both laid out the blueprint and applied dialectical strategies. ‘The industrialisation process took hundreds of years in the West, but it took us only a few decades. Looking deeper, our industrialisation still has many shortcomings, and we need to spend time to make up for them. The same is true for urbanization. We can't just look good on the surface but not on the inside. We should not rush for quick success and instant gains. Some things require a tough battle, and some things require long-term efforts’.” 建设现代化人民城市，“以坚持城市内涵式发展为主线”。习近平总书记既擘画指引，又辩证施策：“工业化进程，西方走了几百年，而我们只用了几十年。深层次看，我们工业化的短板还很多，要花时间去补。城镇化也是这样，不能面子可以、里子不行，不要搞急于求成、急功近利的事情。有些事要打攻坚战，有些事要久久为功.”
The article says that the meeting charted “a new path for urban modernisation with Chinese characteristics”. The new path stands in contrast to the old path of ‘extensive expansion, imbalance between people and land, and environmental destruction.’ In promoting high-quality urban development, which things require persistent long-term effort, and which things brook no delay? ‘I really like studying history. As someone engaged in politics, if one is not familiar with history, especially Chinese history, and lacks a sense of historical depth to grasp the things we are doing now and formulate our goals, then one cannot do today’s work well’. General Secretary Xi Jinping pointed out with deep sincerity that being eager for quick success is also related to lacking a sense of history. Historical sense is a perspective that cannot be ignored in the connotative development of cities. In the process of modernisation, the proportion of cities rises, and the proportion of countryside declines. But regardless of the advancement of industrialisation and urbanisation, the countryside will not disappear. The General Secretary has long analysed that: ‘On one side are prosperous cities, on the other side is the declining countryside’, ‘such modernisation is impossible to succeed!’ At this meeting, the General Secretary once again viewed it dialectically: ‘let rural revitalization and urban development be organically integrated together.’ ‘Currently, the flow of population between urban and rural areas is still like migratory birds. The balanced transformation between urban residents and rural residents must be reflected in policy’. It is precisely based on this judgment that the central government has a ‘bottom-line’ policy: for the people who have moved to cities, their contracted farmland and homesteads may be relinquished voluntarily, but the government cannot forcibly reclaim them. ‘This process must be carried out with sufficient historical patience’.” 新路，对应“粗放扩张、人地失衡、破坏环境”的老路。推动城市高质量发展，哪些事久久为功，哪些事时不我待？“我是很喜欢研究历史的。作为从政者，不熟悉历史，特别是中国史，没有一种历史的纵深感来把握现在做的事情和制定我们的目标，就做不好今天的工作。”习近平总书记语重心长地指出，急于求成也和缺乏历史感相关联。历史感，是城市内涵式发展不能忽略的一个视角。现代化进程中，城的比重上升，乡的比重下降。但不管工业化、城镇化进展到哪一步，乡村都不会消亡。总书记早有分析，“一边是繁荣的城市、一边是凋敝的农村”，“这样的现代化是不可能取得成功的！”会上，总书记再次辩证视之，“让乡村振兴和城市发展能有机结合在一起”“现在的城乡人口流动还是候鸟型的。市民和农民之间的平衡转化，要体现在政策上”。正是基于这一判断，中央有一条“托底”的政策：进城老百姓的农村责任田和宅基地，自愿原则下可以退出，政府不能强行收回。“这个过程要保持足够的历史耐心。”
The other aspect of connotative-development that has been highlighted in the first section of the article is one of cultural preservation. It says:
“Culture is the soul of a city. What to support and what to oppose, the attitude is clear: ‘Things like large-scale migration and cutting down of trees, rampant construction of cultural landmarks, and arbitrary changing of old place names, absolutely cannot be done anymore’. 文化是城市的灵魂。支持什么、反对什么，态度鲜明：“像大规模迁移砍伐树木、滥建文化地标、随意更改老地名那样的事，决不能再干了.”
“At the meeting, starting from the main thread of connotative development, the ‘Five Transformations’ were discussed, i.e., the transformation of urban development concepts, approaches, drivers, focus of work, and methods. Profound changes guide the choice between wanting ‘hidden achievements’ and ‘visible achievements’. ‘Urge leading cadres to establish a correct view of political achievements, overcome impetuous attitudes, and abandon selfish distractions,’ General Secretary Xi Jinping earnestly stated. ‘Annual assessments cannot focus only on how much GDP has grown or how many big projects have been built; they must also look at how much debt has been incurred. We must not allow some people to play a game of passing the parcel, leaving problems to future generations’.” 会上，由内涵式发展的主线，讲到“五个转变”：转变城市发展理念、方式、动力和工作重心、方法。深刻的变革，牵引着要“潜绩”还是要“显绩”的取舍。“督促领导干部树立正确政绩观，克服浮躁情绪，抛弃私心杂念。”习近平总书记言之谆谆，“平常的考核不能光盯着GDP增长了多少、建了几个大项目，还要看欠了多少债。不能让一些人击鼓传花，把问题留给后人.” (Note: These five transformations are explained below.)
The second section focuses on the key concepts that emerged from the meeting. So, “innovation, liveability, beauty, resilience, civility, and wisdom” are the “construction goals of a modern people’s city.”
The key tasks are the “one optimisation, six constructions”. I covered these in detail in yesterday’s edition. This section ends with this:
“To judge whether ‘urban work is being done well or not’, gold and silver trophies are not as good as the reputation among the masses. ‘In the past, GDP was used to judge heroes, and everything else was disregarded; one beautiful thing covered a hundred ugly things. Nowadays, many issues are one ugliness covering a hundred beauties; if one thing is done badly, credibility, image, and reputation immediately suffer. In which areas where the common people’s feelings are strongest, one must not ignore these. ‘We minor officials of prefectures and counties, even a single twig or leaf is a matter of our concern’.” 评判“城市工作做得好不好”，金杯银杯不如群众口碑。 "过去搞GDP论英雄，别的都忽略不计，一俊遮百丑. 现在很多事一丑掩百俊，一件事搞坏了，信誉、形象、声誉马上就下去. 老百姓的感受在哪方面最强烈，大家一定不要忽视了. ‘些小吾曹州县吏，一枝一叶总关情’."
The final section talks about implementation, focusing on innovation, economic and social development and environmental protection.
Finally, there’s a commentary on the Central Urban Work Conference.
“‘Connotative development’ is an important concept advocated by General Secretary Xi Jinping. From emphasising ‘shifting economic development from extensional expansion to connotative development,’ to pointing out the need to ‘adhere to the path of connotative development, innovate urban governance, and strengthen the construction of resilient and safe cities’; from proposing that ‘taking the path of connotative development is the only way for the development of higher education in our country’ to requiring high-tech industrial parks to ‘take an intensive and connotative development path,’ the connotations of ‘connotative development’ are extremely rich. To do urban work well, one must accurately grasp the strategic orientation of connotative urban development, and more precisely improve the quality of urban development.” “内涵式发展”是习近平总书记倡导的一个重要理念。从强调“经济发展从外延式扩张转向内涵式发展”，到指出“坚持走内涵式发展路子，创新城市治理，加强韧性安全城市建设”，从提出“走内涵式发展道路是我国高等教育发展的必由之路”，到要求高新科技园区“走集约化、内涵式发展道路”，“内涵式发展”的意蕴十分丰富。做好城市工作，必须把准城市内涵式发展的战略取向，更有针对性地提升城市发展质量.
“To adhere to the connotative development of cities, it is necessary to adhere to the important principles of ‘five transformations, five greater emphases’. We must deeply grasp that:
transforming urban development concept and paying greater emphasis on being people-oriented is the inherent requirement for building a modern people’s city;
transforming urban development approaches/modes and paying greater emphasis on intensive and efficient development is the key to improving the quality and level of urban development
transforming the drivers of urban development and paying greater emphasis on characteristic development is an inevitable move to enhance the core competitiveness of cities;
transforming the focus of urban work and paying greater emphasis on governance investment is an important foundation for promoting high-standard urban renewal, high-level operation, and high-efficiency governance;
transforming the urban work methods and paying greater emphasis on overall planning and coordination is a strong guarantee for improving the urban work pattern and forming a better synergy.
Only by adhering to the five important principles can we continuously improve the scientific nature of urban work and win the advantages and future of urban development.” 坚持城市内涵式发展，就要坚持好“五个转变、五个更加”的重要原则。要深刻认识到，转变城市发展理念，更加注重以人为本，这是建设现代化人民城市的内在要求；转变城市发展方式，更加注重集约高效，这是提高城市发展质量和水平的关键所在；转变城市发展动力，更加注重特色发展，这是提升城市核心竞争力的必然之举；转变城市工作重心，更加注重治理投入，这是推动城市高标准更新、高水平运营、高效能治理的重要基础；转变城市工作方法，更加注重统筹协调，这是健全城市工作格局、更好形成合力的有力保障。坚持好五个重要原则，才能不断提升城市工作的科学性，赢得城市发展的优势和未来。
Further, the piece says: “China has experienced the largest scale and fastest speed urbanisation process in world history, with the urbanisation rate of the permanent population rising from 10.6% in 1949 to 67% in 2024. Along with the continuous improvement in the level of urbanisation, the scale of Chinese cities has gradually expanded, and the land area of cities has continually increased. At the same time, problems have emerged, such as the aging of certain urban housing and infrastructure, and imbalances between above-ground and underground construction. Transitioning from the stage of large-scale incremental expansion to a stage mainly focused on stock quality improvement and efficiency enhancement, there is an urgent need to change the extensive and expansive urban development model, break through problems such as blind expansion and ‘spreading the cake’, and to take a path of high-quality development that is connotative, intensive, and green.” 我国经历了世界历史上规模最大、速度最快的城镇化进程，常住人口城镇化率从1949年的10.6%提高到2024年的67%。伴随着城镇化水平不断提高，我国城市规模逐步扩大、城市地域面积不断增加，也产生了城市部分房屋和基础设施老化、地上和地下建设失衡等问题。从大规模增量扩张阶段转向存量提质增效为主的阶段，迫切需要改变粗放外延式的城市发展模式，破除盲目扩张“摊大饼”等问题，走内涵式、集约型、绿色化的高质量发展路子.
Page 2: There’s a report on stricter rules governing local asset management companies. The National Financial Regulatory Administration issued the Interim Measures for the Supervision of Local Asset Management Companies. This is the first comprehensive update since a 2019 directive. The report says:
The Measures clarify concentration risk supervision requirements, stipulating that local asset management companies’ equity, debt and other investment and financing balances to single clients and single group clients must not exceed 10% and 15% of their own net assets, respectively. 《办法》明确集中度风险监管要求，规定地方资产管理公司对单一客户和单一集团客户的股权、债权等投融资余额不得超过自身净资产的10%、15%.
In strengthening risk management, the Measures also clarify liquidity risk supervision requirements, stipulating that high-quality liquid assets held by local asset management companies that comply with relevant regulations should not be less than net cash outflows within the next 30 days. They clarify related-party transaction supervision requirements, stipulating that local asset management companies’ debt balances to all related parties must not exceed 50% of their own net assets at the end of the previous quarter.They standardise external financing, stipulating that local asset management companies’ borrowed fund balances must not exceed three times their net assets, preventing risk spillover. 在强化风险管理方面，《办法》还明确了流动性风险监管要求，规定地方资产管理公司持有的符合有关规定的优质流动资产应当不低于未来30天内的净资金流出。明确关联交易监管要求，规定地方资产管理公司对全部关联方的债权余额不得超过自身上季末净资产的50%。规范外部融资，规定地方资产管理公司融入资金余额不得超过其净资产的3倍，防范风险外溢.
The Measures clarify matters such as local asset management companies’ business scope, business proportions, operating regions, and scope of acquirable assets, promoting focus on main responsibilities and main business, and effectively serving localities. They standardise local asset management companies’ debt recovery, external transfer and other non-performing asset disposal behaviours. They delineate operational red lines, clarifying that local asset management companies must not engage in operational behaviours such as guaranteed principal and fixed return commitments or requiring transferors to undertake repurchase obligations, helping financial institutions falsely remove assets from balance sheets to conceal non-performing assets, or providing financing channels for financing platforms to create new local government implicit debt. 《办法》明确了地方资产管理公司业务范围、业务比例、经营区域、可收购资产范围等事项，推动聚焦主责主业、有效服务地方。规范地方资产管理公司债权追偿、对外转让等不良资产处置行为。划定经营红线，明确地方资产管理公司不得从事约定本金保障和固定收益承诺或者要求转让方承担回购义务、帮助金融机构等虚假出表掩盖不良资产、为融资平台提供融资通道新增地方政府隐性债务等经营行为.
Page 3: Three meetings of Wang Yi with foreign ministers of Uzbekistan, Pakistan, Iran and Tajikistan in Tianjin.
Xinhua’s report on Wang’s meeting with Tajik FM Sirojiddin Muhriddin says:
Wang said that “the leaders of the two countries have clarified the direction and made arrangements for developing the comprehensive strategic cooperative partnership in the new era between two countries. China is willing to work with Tajikistan to implement the consensus reached between the two heads of state, prepare for the next stage of high-level exchanges, and jointly promote a successful Tianjin summit of the Shanghai Cooperation Organization (SCO), he said. China firmly supports Tajikistan in following a development path that is suited to its national conditions, supports Tajik President Emomali Rahmon's plans for the country's long-term development, and opposes any interference in Tajikistan's internal affairs by any force, said the minister. Wang said China and Tajikistan should effectively implement the inter-governmental economic and trade cooperation plan, enhance connectivity between the two countries, strengthen practical cooperation in various fields such as investment, energy, counter-terrorism and security, and promote the continuous development of bilateral relations.”
“For his part, Muhriddin said that Tajikistan will fully support and cooperate with China to ensure the success of a historic SCO Tianjin summit. Under the guidance of the two heads of state, bilateral relations have opened a new chapter and maintained a positive momentum of development, Muhriddin said. He added that Tajikistan is willing to work with China to make full use of bilateral cooperation mechanisms, expand inter-party and inter-parliamentary exchanges, deepen cooperation in various fields including economy and trade investment, connectivity, medicine, informatization and education to promote the China-Tajikistan comprehensive strategic cooperative partnership in the new era to a higher level.”
Xinhua’s report on Wang’s meeting with Uzbek FM Bakhtiyor Saidov says:
“China is willing to work with Uzbekistan to fully implement the consensus reached between their leaders, make good preparations for the next stage of high-level exchange, and promote the development of bilateral relations to a higher quality and higher level, Wang said. China is a trustworthy and reliable partner for Uzbekistan, and has always regarded Uzbekistan as one of the priorities in its neighborhood diplomacy, Wang said, adding that China supports Uzbekistan in safeguarding its national independence, sovereignty, security and development interests. Wang said the two sides should accelerate cooperation in key areas, promote the early operation of the China-Kyrgyzstan-Uzbekistan Railway, and make more achievements in bilateral cooperation. China looks forward to working with Uzbekistan and other member states of the Shanghai Cooperation Organization (SCO) to ensure the complete success of the SCO Tianjin summit and inject stronger impetus into the development of the organization, he said.”
“Saidov expressed his deep admiration for the historic accomplishments of China's development, as well as his willingness to learn from China's development experience. He said that the two heads of state have elevated bilateral relations to an all-weather comprehensive strategic partnership for a new era, with fruitful practical cooperation seen in various fields. Uzbekistan is willing to expand cooperation with China in such areas as logistics, minerals, artificial intelligence, the green transformation and desertification control, Saidov said, adding that it is also ready to communicate and coordinate closely with China on regional and international affairs, safeguard the common interests of both sides, and push bilateral relations to a new level. The recent Meeting of the Council of the Ministers of Foreign Affairs of the SCO Member States achieved positive results, Saidov said, noting that Uzbekistan will, as always, fully support and assist China in its successful hosting of the Tianjin summit.”
The readout from Wang meeting with Pakistan FM Ishaq Dar says:
Wang Yi said that the friendship between China and Pakistan is unique and time-tested. The frequent communication between the two foreign ministers reflects the high level of the all-weather strategic cooperative partnership between China and Pakistan, which is conducive to deepening mutual trust and friendship, and promoting cooperation in various fields. China is willing to work together with Pakistan to implement the important consensus reached by the leaders of the two countries, to continue firmly supporting each other on issues concerning their respective core interests, and to advance the building of a China-Pakistan community with a shared future in a deeper and more substantive way. 王毅表示，中巴友谊独一无二、历久弥坚。两国外长保持频密沟通，体现了中巴全天候战略合作伙伴关系的高水平，有利于深化互信友谊，推进各领域合作。中方愿同巴方一道努力，落实好两国领导人达成的重要共识，在涉及彼此核心利益问题上继续相互坚定支持，推动中巴命运共同体建设走深走实.
Wang Yi said that China supports Pakistan in concentrating efforts on managing its own affairs well, achieving independent and sustainable development, and continuously enhancing its comprehensive national strength. China is willing to strengthen strategic dialogue with Pakistan, jointly build CPEC with high quality, and deepen cooperation in agriculture, industry, mining, and other fields, and jointly plan the celebration of the 75th anniversary of the establishment of diplomatic ties between the two countries next year. China supports Pakistan in carrying out its counterterrorism operations to the end. The Chinese government always cares about the safety of Chinese nationals in Pakistan and believes that the Pakistani side will continue to do its utmost to ensure the safety of Chinese personnel, projects, and institutions in Pakistan. Pakistan’s active support for China’s rotating chairmanship of the Shanghai Cooperation Organization is deeply appreciated by China, and China looks forward to working with Pakistan to ensure the complete success of the SCO summit in Tianjin.” 王毅说，中方支持巴方集中力量办好自己的事情，实现自主可持续发展，不断提升综合国力。中方愿同巴方加强战略对话，高质量共建中巴经济走廊，深化农业、产业、矿业等领域合作，共同筹划好明年两国建交75周年庆祝活动。中方支持巴方将反恐行动进行到底。中国政府始终关心在巴中国人安全，相信巴方会继续全力做好在巴中方人员、项目和机构的安全保障。巴方积极支持中方担任上合组织轮值主席国工作，中方对此深表赞赏，期待同巴方共同努力，确保上合组织天津峰会取得圆满成功.
The readout on Wang’s meeting with Iranian Foreign Minister Seyed Abbas Araghchi says:
“Wang Yi noted that China and Iran have established diplomatic relations for more than half a century, and bilateral relations have withstood the test of the volatile international landscape, and have always maintained stable and sound development. As a comprehensive strategic partner, China will continue to support Iran in safeguarding its state sovereignty and national dignity, resisting power politics and bullying acts, defending its legitimate rights and interests through political negotiations, and adhering to the principle of good-neighborliness and friendship to continuously improve and develop relations with its neighboring countries. China is ready to work with Iran to deepen mutual trust, strengthen cooperation, expand exchanges, and promote the steady and long-term growth of China-Iran relations.”
Seyed Abbas Araghchi expressed gratitude for China's valuable support to Iran and said that Iran is more steadfast than ever in its resolve to develop relations with China. The Iran-China comprehensive strategic partnership enjoys tremendous potential and broad prospects. Iran supports China's role as the rotating presidency of the Shanghai Cooperation Organization (SCO) and its preparation for the Tianjin Summit. Iran is willing to strengthen high-level exchanges, deepen mutually beneficial cooperation, and continue to firmly support each other with China.
The two sides exchanged views on the Iranian nuclear issue. Seyed Abbas Araghchi reiterated that Iran has explicitly stated that it will not develop nuclear weapons but will not give up its legitimate right to the peaceful use of nuclear energy. Iran is willing to engage in negotiations and consultations as soon as possible with all parties on the premise of equality and respect, to seek a political solution to the Iranian nuclear issue. Wang Yi said that China consistently opposes the use or threat of force and advocates for resolving differences through dialogue and consultation. China values Iran's commitment to not developing nuclear weapons, respects Iran's right to the peaceful use of nuclear energy, and appreciates Iran's efforts to strive for peace through diplomatic means. China supports Iran in maintaining the momentum of dialogue with all parties and stands ready to continue to play a constructive role in facilitating the settlement of the Iranian nuclear issue and promoting stability in the Middle East region.”
Page 11: There’s an article by the NDRC Party Committee on expanding domestic demand as part of building a new development pattern. I am not breaking it down due to time constraints. But the article underscores key points: i.e, the need to ensure foreign trade, expand domestic demand, expand opening up, pursue independent innovation capabilities, rectify involution-style competition, coordinate development and security, and ensure safe development.