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Financial attentionMacroeconomics1. CCTV News: The 7th CIIE had active transactions, with an intended transaction amount of $80.01 billion per year, an increase of 2.0% compared to the previous edition. 39 government trading groups and 4 industry trading groups have registered over 430000 professional visitors, a year-on-year increase of 4%.2. Economic Daily: Interest rates for specialty deposit products such as large denomination certificates of deposit have fallen, entering the era of "1" prefix. In order to reduce the cost of funds and alleviate the pressure of narrowing interest rates, commercial banks will continue to lower deposit interest rates. Therefore, the interest rate of large denomination certificates of deposit will also decrease with the decrease of deposit intere...
Date: 2024 - 11 - 11
Views:3
Financial attentionMacroeconomics1. Shanghai Mayor Gong Zheng: Shanghai has the conditions and ability to become an important hub of the global innovation network, and will accelerate the construction of a world-class major science and technology infrastructure cluster; Promote the construction of high-level international science and technology cooperation bases; Continuously organize brand activities to promote cooperation and exchange. We will participate in the initiation of international scientific programs and projects, and promote foreign enterprises to carry out research and development...
Date: 2024 - 09 - 23
Views:1
Financial attentionMacroeconomics1. Yu Yongding from the Chinese Academy of Social Sciences: Consumption needs to be stimulated. However, considering the actual situation in China, geopolitical factors, and the fact that China's economic growth rate has not been high in recent years, with income growth declining and asset values shrinking, consumer confidence is insufficient and consumption is relatively difficult to start. At this point, in order to accelerate economic recovery, the first step in policy action is to consider increasing infrastructure investment.2. Bank of China Securities...
Date: 2024 - 09 - 29
Views:1
Financial attentionMacroeconomics1. Pengpai News: As of August 17th, over 20 cities across the country have announced the cancellation of the Gold Exchange. Several local gold exchanges have been cancelled before.2. The National Development and Reform Commission and four other departments will establish a mechanism to promote private investment funding and factor guarantee, further promoting the development of private investment. We will continuously promote projects to private capital and focus on increasing the promotion of key infrastructure projects such as transportation, energy, and wate...
Date: 2024 - 10 - 08
Views:2
Financial attentionMacroeconomics1. CITIC Securities: Fiscal policy is currently the focus of market attention, and the overall policy statement of the Ministry of Finance has exceeded expectations. The change in policy thinking is more important than the magnitude of the intensity; The current market is in a transitional stage from an expected major reversal to a major turning point in the market. After the initial pulse like rise, the long short game in the market has intensified, and the entry rhythm of incremental funds outside the market has slowed down. However, the potential scale of fu...
Date: 2024 - 10 - 14
Views:8
Financial attentionMacroeconomics1. Premier of the State Council: The "Regulations on Export Control of Dual Use Items of the People's Republic of China" have been promulgated, clarifying that this regulation applies to the export control of dual-use items and other items related to safeguarding national security and interests, fulfilling international obligations such as non-proliferation. Cancel the registration system for dual-use item export operators. Enhance the transparency and standardization of export control policies for dual-use items.2. The Ministry of Justice and the...
Date: 2024 - 10 - 21
Views:1
Financial attentionMacroeconomics1. Statistics Bureau: From January to September, industrial enterprises above designated size in China achieved a total profit of 5228.16 billion yuan, a year-on-year decrease of 3.5%; Achieved a revenue of 99.20 trillion yuan, a year-on-year increase of 2.1%. At the end of September, the asset liability ratio of industrial enterprises above designated size was 57.7%, unchanged from the same period last year.2. World Bank's Zhang Wencai: The world economy seems to be in the final stage of a 'soft landing'. It is predicted that global economic growth...
Date: 2024 - 10 - 28
Views:2
Financial attentionMacroeconomics1. CCTV News: The 7th CIIE had active transactions, with an intended transaction amount of $80.01 billion per year, an increase of 2.0% compared to the previous edition. 39 government trading groups and 4 industry trading groups have registered over 430000 professional visitors, a year-on-year increase of 4%.2. Economic Daily: Interest rates for specialty deposit products such as large denomination certificates of deposit have fallen, entering the era of "1" prefix. In order to reduce the cost of funds and alleviate the pressure of narrowing interest ...
Date: 2024 - 11 - 11
Views:3
Financial attentionMacroeconomics1. Minister of Industry and Information Technology Jin Zhuanglong: Vigorously develop the new generation of information technology industry. Establish a mechanism to promote the development and growth of specialized, refined, unique, and innovative small and medium-sized enterprises. Establish a modern industrial system and mechanism with advanced manufacturing as the backbone. We will implement measures to completely eliminate restrictions on foreign investment access in the manufacturing sector, and promote the orderly expansion of opening up in telecommunica...
Date: 2024 - 11 - 18
Views:1
Financial attentionMacroeconomics1. State Administration of Taxation: Announcement on Promoting the Application of Comprehensive Digital Electronic Invoices. Starting from December 1st, the application of digital electronic invoices will be officially promoted nationwide.2. CCTV Finance: As of November 22, the number of countries enjoying China's visa free treatment has expanded to 38, and the popularity of tourism to China has surged from multiple countries. On the European and Japanese sites of a certain travel platform, the search popularity for Chinese destinations increased by 65% and...
Date: 2024 - 11 - 25
Views:1
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 ...
Date: 2024 - 12 - 02
Views:1
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 multi...
Date: 2024 - 12 - 09
Views:1
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 aver...
Date: 2024 - 12 - 16
Views:0
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