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2024-12-14 12:06:17

Hainan: Accelerate the implementation of the core policy of Hainan Free Trade Port. The (enlarged) meeting of the Standing Committee of Hainan Provincial Party Committee was held on the 13th, which conveyed the spirit of studying the Central Economic Work Conference and studied and deployed the implementation work in Hainan Province. The meeting stressed that the core policy of Hainan Free Trade Port should be accelerated, and the policy system of free trade port should be continuously optimized and upgraded, so that enterprises and ordinary people can get a real sense of gain. We should expand domestic demand in an all-round way, make full use of more active macro policies, fully implement the national package of incremental policies, do everything possible to boost consumption and improve investment efficiency, continuously expand effective demand, strengthen project planning, give full play to the role of ultra-long-term special national debt, and plan and build forward-looking investment projects in seed industry, deep sea, aerospace and other fields. It is necessary to cultivate and expand the modern industrial system, focus on "five strong plans", improve the system and mechanism for cultivating and developing new quality productivity, promote the deep integration of scientific and technological innovation and industrial innovation, and build an important practice place for China's new quality productivity according to local conditions.Moody's: It is expected that France's public finances will be greatly weakened in the next few years.Zhongjin's fixed income: the financing demand is weak under the background of debt conversion, and the monetary policy needs to continue to increase. Zhongjin's fixed income commented on the financial data in November, saying that it is expected that the currency will be loose or significantly accelerated next year, while the short-term interest rate may have a large downside. Under the background of slow real estate recovery, the domestic economy has stabilized relatively moderately, and the long-term interest rate has been affected or relatively limited. Next year, monetary and fiscal cooperation will be closer, and the supply factor of government bonds may not have much disturbance to the long end. Recently, the market has fully priced loose expectations, and the long-term interest rate has dropped rapidly. Next year, with the RRR cut, the short-term interest rate will fall or accelerate, and the yield curve will move down sharply.


The second vote of the National Assembly on the impeachment case of Xiyue is obviously shaken and split within the ruling party. At 4 pm local time on the 14th (3 pm Beijing time today), the plenary session of the National Assembly of South Korea will once again vote on the impeachment case of South Korean President Yin Xiyue. If the impeachment case is approved by at least two thirds, that is, at least 200 votes, Yin Xiyue will be suspended immediately and the impeachment case will be handed over to the Korean Constitutional Court for a final ruling. Since the opposition camp in South Korea, which supports the impeachment of Yin Xiyue, has a majority of 192 seats in the National Assembly, Yin Xiyue's impeachment case will be passed in the National Assembly of South Korea as long as 8 of the 108 ruling party members vote in favor. It is reported that the ruling party will hold another emergency meeting of members of parliament before voting this afternoon. According to the news coming out, the ruling party may revise its boycott position in the last voting and will not restrict members from entering the venue to vote. Some analysts even said that the number of members of the ruling party in favor of the impeachment case may far exceed eight. (CCTV News)The offshore RMB (CNH) was quoted at 7.2811 yuan against the US dollar at 05:59 Beijing time, down 52 points from late new york on Thursday, and traded in the range of 7.2746-7.2925 yuan in the whole day.Jiang Xiaojuan argued with European experts that your subsidy for electric vehicles is higher than that of China. Jiang Xiaojuan, a professor at the University of Chinese Academy of Social Sciences, said at the annual financial conference in 2025 that his three visits to Europe last year were all about tariff disputes on electric vehicles. "I calculate the figures particularly carefully. In 2009, the subsidies were fully launched. At that time, we didn't have an electric vehicle to export. The subsidies were not for export, but for electric vehicles and fuel vehicles to compete in the domestic market. In 2016, our exports began to increase, but subsidies also declined rapidly. Therefore, it cannot be said that the competitiveness of electric vehicles in China comes from subsidies, "she said. Even Jiang Xiaojuan calculated the European subsidy data, saying, "Buying a Tesla costs 7,000 to 9,000 euros, which is higher than our subsidy". "My reason is particularly good. I said that we are not exporting. We are competing with domestic fuel vehicles. Your subsidies are more. Why do you say me?" Jiang Xiaojuan said, "Those scholars can't help it, because these are solid data. In the end, they said that regardless of the willy-nilly, our domestic industry was hit too hard and politically unacceptable.". (Rui Jian)


Report: The number of online stores opened by China enterprises in the United States has increased rapidly. According to the report released by SmartScout Insight, among the top 20 cities in terms of Amazon sellers, China city occupies 14 seats, showing the strong strength of China sellers on Amazon platform. The total number of Amazon sellers in China's top 20 cities reached 232,000, compared with 58,000 in the United States. In 2023, the number of sellers in China with sales exceeding $10 million increased by 30% year-on-year, and the number of sellers in China with sales exceeding $1 million also increased significantly.Nasdaq 100 Index announced the annual adjustment results of constituent stocks: Palantir, MicroStrategy and Axon will be added to the index, while Illumina, supercomputer and Moderna will be removed.The head of the South Korean Police Department was formally detained. According to South Korean media reports, Zhao Zhihao, the head of the South Korean Police Department, and Kim Fung-sik, the head of the Seoul Police Department, were formally detained on the evening of December 13th. The Central District Court of Seoul said that Zhao Zhihao and Jin Fengzhi had the possibility of destroying evidence, so they issued detention orders. (CCTV International News)

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