Financial attentionMacroeconomics1. Xinhua News Agency: Starting from December 2nd, the electronicization of motor vehicle driving licenses will be fully implemented nationwide, and all car owners in the country can apply for electronic driving licenses through the "Traffic Management 12123" APP.2. CCTV News: On December 1st, the public subject written examination for the recruitment of civil servants by central government agencies and their directly affiliated institutions in 2025 was held simultaneously in 248 cities across 31 provinces (autonomous regions, municipalities directly under the central government) in China. A total of 2.982 million candidates confirmed their registration before the exam, and 2.586 million actually participated in the exam, with a reference rate of about 86.7%. The ratio of the number of participants to the planned number of recruits was about 65:1.3. Shanghai Frontier Inspection Station: As of December 1, the number of foreigners entering Shang...
2024
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Financial attentionMacroeconomics1. People's Daily: Looking back at the overall performance of the Chinese economy this year, the gross domestic product (GDP) grew by 5.3%, 4.7%, and 4.6% respectively in the first, second, and third quarters. Since September, with the continuous effectiveness of a package of incremental policies, the economy has maintained a positive trend of recovery. We have sufficient confidence to achieve this year's economic growth target, and the favorable conditions for China's economic development have not changed.2. Securities Times: Banks are taking multiple measures to strengthen their blood supply, supplementing capital through external means such as issuing secondary capital bonds, perpetual bonds, or increasing capital and shares, in order to meet regulatory requirements and their own business operation capabilities. In the first 11 months, the scale of various banks issuing perpetual bonds has exceeded 1.58 trillion yuan, with state-owned lar...
2024
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Financial attentionMacroeconomics1. Hangzhou Customs: From January to November, the total import and export value of Zhejiang Province was 4.81 trillion yuan, a year-on-year increase of 6.9%, which is 2 percentage points higher than the national average; Among them, exports amounted to 3.57 trillion yuan, an increase of 9.0%, while imports amounted to 1.24 trillion yuan, an increase of 1.2%. The export growth rate continues to lead the major provinces and cities along the eastern coast.2. China News Service: In 2022, the average age of the labor force in China was 39.72 years old, and the average length of education was 10.88 years. From 1985 to 2022, China's total human capital increased 14.4 times, with a value of 3166.5 trillion yuan.3. Shenzhen Border Inspection Station Liantang Border Inspection Station: As of December 13th, the number of inbound and outbound personnel at Liantang Port in 2024 has exceeded 25 million, a year-on-year increase of 110%, and the peak daily passeng...
2024
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![Weekly Financial Summary 2024-12-23]( "Weekly Financial Summary 2024-12-23")
Financial attentionMacroeconomics1. Audit Office: As of the end of September, there were 1786 issues identified in the 2023 audit that required immediate rectification, with a rectification rate of 94%, an increase of two percentage points year-on-year. Local governments, departments, and units have rectified over 538 billion yuan worth of problems and held more than 2800 people accountable.2. The Ministry of Human Resources and Social Security has launched a special activity for employment assistance month in 2025, which will carry out investigations, visits, and targeted assistance. Concentrate on assisting workers facing employment difficulties, members of zero employment families, registered unemployed individuals, and other workers in finding employment and starting businesses.3. Ministry of Finance: From 2019 to 2023, the general public budget expenditure for disaster prevention, mitigation, and emergency management in China will be 3053.605 billion yuan, with an average annual g...
2024
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![Weekly Financial Summary 2024-12-30]( "Weekly Financial Summary 2024-12-30")
Financial attentionMacroeconomics1. State Administration of Taxation: In the first 11 months, private enterprises added 1 trillion yuan in tax reductions, fee reductions, and tax refunds, accounting for 71.3%. Private enterprises enjoy two main tax incentives to support scientific and technological innovation, namely the additional deduction of research and development expenses and the additional deduction of value-added tax for advanced manufacturing enterprises, resulting in a tax reduction of 699.1 billion yuan, accounting for 71.2%.2. General Administration of Customs: Introduce a new round of 16 measures to support the integrated development of the Yangtze River Delta region, improve the research mechanism for the integrated development strategy of the Yangtze River Delta region, and stabilize the expected development of foreign trade; Research and promote the pilot implementation of a positive list management system for imported daily consumer goods in Yiwu; Carry out coordinated...
2024
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Financial attentionMacroeconomics1. China Railway: Starting from 00:00 on January 5th, the national railway will implement a new train schedule, with 13028 scheduled passenger trains, an increase of 230 trains compared to before the schedule adjustment; 22859 freight trains were put into operation, an increase of 91 trains compared to before the adjustment, further improving the railway's passenger and freight transportation capacity, service quality, and operational efficiency.2. Chinese Center for Disease Control and Prevention: Currently, the positive rate of influenza virus continues to rise, with over 99% of cases being H1N1 influenza. Urgent reminders from multiple regions across the country for disease control and prevention: personal protective measures should be taken, and attention should be paid to preventing respiratory and intestinal infectious diseases.3. First Financial: In 2023, the expenditure on healthcare, education, elderly care, and housing security will accoun...
2025
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