![Weekly Financial Summary 2024-03-20]( "Weekly Financial Summary 2024-03-20")
Financial attentionMacroeconomics1. Premier Li Qiang of the State Council: It is of great significance to do a good job in agriculture, rural areas, and farmers, and to achieve a bountiful harvest of grain and agriculture throughout the year. Currently, spring agricultural production has entered a busy season. Each region and department should accurately and meticulously carry out spring field management and spring plowing preparation, increase policy support, strengthen technical guidance services, stabilize the planting area of grain, ensure the supply of agricultural inputs, focus on agricultural disaster prevention and reduction, strive to win the initiative of annual harvest, and provide strong support for high-quality economic and social development.2. The General Office of the State Council: issued a notice on the Action Plan for Solidly Promoting High Level Opening up to the Outside World and Strengthening Attraction and Utilization of Foreign Investment. We will solidly promot...
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Financial attentionMacroeconomics1. China Weather Network: Starting from March 23rd, a new wave of cold air will gradually have an impact on China. Over the weekend, temperatures in the north will be the first to drop, with many places experiencing a drop of over 10 ° C. The time for cooling in the south is relatively delayed, and the warm weather on weekends will continue. Some areas may even warm up to challenge the record for the same period throughout the year. 2. CCTV: Currently, it is the national autumn grain procurement season. As of now, more than 80% of autumn grain purchases in China have exceeded 170 million tons. Through advanced technology, various regions continue to strengthen the supervision of grain purchase and sales. Starting from 2024, the National Grain and Material Reserve Bureau will carry out the "Iron Fist Action" to maintain a high-pressure situation of punishing illegal and irregular behaviors related to grain.3. Shanghai Stock Exchange N...
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Financial attentionMacroeconomics1. State owned Assets Supervision and Administration Commission (SASAC): This year is a crucial year for deepening and upgrading the reform of state-owned enterprises. We must focus on key and difficult tasks, and make every effort to ensure the implementation of all tasks. Developing strategic emerging industries tailored to the needs of enterprises; Deeply promote the assessment of "one industry, one policy, one enterprise, one policy", and carry out medium - and long-term assessment incentives for research on original and basic technologies; Promote the research and development of key core technologies in key areas.2. Pengpai News: Recently, the Standing Committees of the People's Congress of Shanghai, Jiangsu, and Zhejiang provinces respectively voted to pass the "Regulations on Promoting High quality Development of the Yangtze River Delta Ecological Green Integration Development Demonstration Zone", which will be implemented...
2024
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![Weekly Financial Summary 2024-04-08]( "Weekly Financial Summary 2024-04-08")
Financial attentionMacroeconomics1. Central Bank: Establish technology innovation and technology transformation refinancing to provide credit support to technology-based small and medium-sized enterprises in their start-up and growth stages, as well as key areas such as digitalization and intelligence projects. The credit limit is 500 billion yuan, with an interest rate of 1.75%. The term is 1 year and can be extended twice, with each extension lasting for 1 year. Financial institutions make independent decisions on whether to grant loans and the conditions for granting loans based on enterprise applications.2. Six departments including the Zhejiang Regulatory Bureau of the State Administration for Financial Supervision and Administration have issued the Work Plan on Promoting the High Quality Development of Inclusive Finance. Strive to achieve a loan coverage rate of 50% for active operating entities by the end of 2027, with inclusive small and micro enterprise credit loans accounting...
2024
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Financial attentionMacroeconomics1. Central Bank: Guide and supervise financial institutions in Zhejiang to increase their work efforts and jointly promote the optimization of payment services. Continuously building a payment system with multiple payment methods developing in parallel and complementing each other, effectively enhancing the compatibility and inclusiveness of various payment services, and providing higher quality, efficient, and convenient payment services for the elderly, foreign visitors to China, and other groups.2. Xinhua News Agency: Goldman Sachs and Citigroup recently released reports stating that the Chinese economy has started well in 2024, and it is expected that the Chinese government's GDP growth target of around 5% can be achieved. They have also raised their forecast for the full year 2024 GDP growth rate in China. Among them, Goldman Sachs increased from 4.8% to 5.0%, and Citigroup increased from 4.6% to 5.0%.3. Ministry of Agriculture and Rural Affair...
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Financial attentionMacroeconomics1. Central Meteorological Observatory: Since April, the subtropical high pressure has been stronger than the same period throughout the year, which is conducive to the transport of water vapor from the South China Sea and Bay of Bengal to the southern region. At the same time, the plateau trough and southern branch system are active, leading to frequent and prolonged heavy rainfall processes in the southern region. In addition, the temperature of the atmosphere in Jiangnan, South China, and other regions is significantly higher than the same period throughout the year. The atmosphere has abundant water content and unstable energy, leading to vigorous convective development and high rainfall intensity. The cumulative precipitation in many areas has exceeded the historical record in April.2. CCTV News: As of April 21st, a total of 1001 trains and 113000 TEUs of goods were transported at the Erenhot Railway Port on the China Europe freight train's cent...
2024
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