China Weekly (Oct. 19-25)

The 16th BRICS Summit was held from Tuesday to Thursday in Russia's Kazan. The People's Bank of China has conducted its first operation of the Securities, Funds and Insurance Companies Swap Facility (SFISF), with a scale of 50 billion yuan ($7.04 billion). China's Agriculture and Rural Affairs Ministry said the country's grain output is projected to hit a record high of 700 million tonnes this year…

Here are key takeaways of China News from Oct. 19-25.