欧元/人民币 (EURCNY) 加自选

周四，离岸人民币兑美元汇率跌至7.10左右，结束了三天的连胜，并在前一交易日触及十多个月高点。这一下跌是在美元反弹之后出现的，因为投资者重新评估了美联储对未来降息的谨慎立场。尽管美联储周三公布了普遍预期的25个基点的降息，但美联储主席杰罗姆·鲍威尔的言论——将其描述为应对劳动力市场疲软的“风险管理”措施——抑制了对激进宽松政策的预期，从而提振了美元。在中国，韩正副总统宣布了在中美贸易紧张局势持续的情况下升级与东盟自由贸易协定的计划。他在南宁举行的中国-东盟博览会上发表讲话，强调了与10个成员国集团的更深入合作。财政部数据显示，在经济方面，2025年前八个月财政收入同比增长0.3%，略高于1月至7月期间的0.1%。

The offshore yuan weakened to around 7.10 per dollar on Thursday, snapping a three-day winning streak and after touching a more than ten-month high in the previous session. The decline followed a rebound in the US dollar, as investors reassessed the Fed’s cautious stance on future rate cuts. While the Fed delivered a widely expected 25 basis point cut on Wednesday, Fed Chair Jerome Powell’s comments—describing it as a “risk-management” measure in response to a softening labor market—dampened expectations for aggressive easing, lifting the dollar. In China, Vice President Han Zheng announced plans to upgrade the free trade agreement with ASEAN amid ongoing trade tensions with the US. Speaking at the China-ASEAN Expo in Nanning, he emphasized deeper cooperation with the 10-member bloc. On the economic front, fiscal revenue increased by 0.3% year-on-year in the first eight months of 2025, slightly up from a 0.1% rise in the January–July period, according to the Finance Ministry.

上海指数升至3893.00点，为2015年8月以来的最高点。在过去的4周里，上海证券交易所综合指数上涨了4.39%，在过去的12个月里，它上涨了42.21%。

SHANGHAI increased to 3893.00 Index Points, the highest since August 2015. Over the past 4 weeks, Shanghai Stock Exchange Composite Index gained 4.39%, and in the last 12 months, it increased 42.21%.

据彭博社报道，中国网络监管机构已下令包括阿里巴巴在内的公司停止订购Nvidia的RTX Pro 6000D，这是一种可以适应人工智能的工作站芯片。消息人士称，中国国家互联网信息办公室要求企业停止测试芯片并取消采购。据英国《金融时报》报道，一些公司早些时候计划购买数万套。Nvidia开发了6000D，以避开美国对中国先进人工智能芯片的出口管制。该指令强调了北京方面努力减少对英伟达硬件的依赖，促进国内替代品的发展，同时也抗议美国对高端外国芯片和制造设备的限制，这些措施仍然是美中贸易谈判的症结所在。

China’s cyberspace regulator has ordered companies, including Alibaba, to halt orders for Nvidia’s RTX Pro 6000D, a workstation chip that can be adapted for AI, Bloomberg reported. The Cyberspace Administration of China told firms to stop testing the chip and cancel purchases, sources said. Some companies had earlier planned to buy tens of thousands of units, according to the Financial Times. Nvidia developed the 6000D to sidestep US export controls on advanced AI chips to China. The directive underscores Beijing’s push to reduce reliance on Nvidia hardware and foster domestic alternatives, while also protesting US restrictions that block access to high-end foreign chips and manufacturing gear, measures that remain a sticking point in US-China trade talks.

财政部周三公布的数据显示，继1月至7月期间增长0.1%之后，中国财政收入在2025年前8个月同比增长0.3%。在此期间，财政收入增至14.82万亿元人民币（2.09万亿美元）。中央财政收入6.43万亿元，同比下降1.7%，地方财政收入8.39万亿元，增长1.8%。税收收入仅同比增长0.02%，达到12.11万亿元，而非税收收入增长1.5%，达到2.71万亿元。财政支出17.93万亿元，增长3.1%。同期，中央政府支出增长8%，地方政府支出增长2.3%。教育支出2.71万亿元，增长5.6%。科技支出5874亿元，增长3.1%；社会保障和就业支出3.07万亿元，增长10%。

China’s fiscal revenue increased by 0.3% in the first eight months of 2025 compared to a year earlier, following a 0.1% gain in the January–July period, according to data from the Ministry of Finance released on Wednesday. During the period, fiscal revenue rose to CNY 14.82 trillion (USD 2.09 trillion). The central government collected about CNY 6.43 trillion, down 1.7% yoy, while local governments collected CNY 8.39 trillion, up 1.8%. Tax revenue edged up just 0.02% yoy to CNY 12.11 trillion, while non-tax revenue rose 1.5% to CNY 2.71 trillion. Meanwhile, fiscal expenditure expanded 3.1% to CNY 17.93 trillion. Central government spending climbed 8%, while local government expenditure increased by 2.3% during the same period. Spending on education totaled approximately CNY 2.71 trillion, up 5.6%. Expenditure on science and technology reached CNY 587.4 billion, marking a 3.1% increase, while spending on social security and employment grew 10% to CNY 3.07 trillion.