According to the Financial Times, Wall Street expects the U.S. to issue approximately $1 trillion in short-term debt as borrowing costs rise.

Domestic News:1. China-US trade consultations begin in New York.2. The Ministry of Culture and Tourism issues the "15th Five-Year Plan for the Construction of the Public Cultural Service System".3. The General Office of the CPC Central Committee and the General Office of the State Council issue the "Opinions on Promoting the Reform of Higher Education Institutions by Category".4. The one-year and five-year LPRs remain unchanged.5. Total electricity consumption in August exceeded one trillion kilowatt-hours again, with the load reaching a record high.6. Changxin Technology announces the official mass production of its fifth-generation technology platform.7. The State Administration for Market Regulation: will deploy special actions to regulate the live-streaming e-commerce industry. 8. National Medical Products Administration: Strengthen research and formulation of standards in cutting-edge fields such as brain-computer interfaces. 9. State Administration for Market Regulation: Use a combination of measures to rectify "involutionary" competition; crack down on malicious low-price competition. International News: 1. Federal Reserve's Kashkari: The Fed's mission is to bring inflation back to its 2% target. Inflation is still too high, and it's not just due to oil prices. 2. US Treasury Secretary Bessant: The purpose of the Treasury's repurchase operations is to increase liquidity and manage the debt maturity structure, not to control a market exceeding $30 trillion in some way. 3. Middle East Situation—① Iranian Parliament Speaker: The Strait of Hormuz will remain closed until Iran's conditions are met. ② US media: Trump says he is "making a decision" on Iran; may be willing to meet with the Iranian president. ③ Turkey says it may provide assistance to Saudi Arabia under the Mecca Mutual Defense Agreement. ④ Israeli media: Netanyahu's visit to the US is expected to be "exceptionally short," with him returning to Israel immediately after his speech at the UN General Assembly. ⑤ Iranian military: Any US attack will lead to Iranian retaliation. ⑥ Explosion occurs near Erbil airport in Iraq, where US troops are stationed. ⑦ US media: The US military will not launch an offensive strike against the Houthis.

On the morning of September 20 local time, the economic and trade teams of China and the United States began trade consultations in New York, USA.

Federal Reserve's Kashkari: The labor market is quite strong.

Federal Reserve's Kashkari: There are some signs of improvement in productivity.

Federal Reserve Bank of New York Governor Neel Kashkari: Despite the war, the U.S. economy continues to demonstrate strong resilience.