Financial attentionMacroeconomics1. CCTV News: 2024 is the year of Sino Kazakhstan tourism. The Sino Kazakhstan Khorgos International Border Cooperation Center built across the border between China and Kazakhstan has attracted more and more tourists for border tours, cross-border tours and shopping tours. From January to May, the number of people entering and exiting the cooperation center exceeded 2 million, a year-on-year increase of 148%.2. Xinhuanet: As of May 31, 3248 China Europe (Central Asia) trains had been operated at Khorgos railway port, up 1.9% year on year; The Alashankou Railway...
Date:
2024
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06
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03
Views：2
Financial attentionMacroeconomics1. People's Daily: During the Loong Boat Festival holiday in 2024, the national culture and tourism market is generally stable and orderly. The total number of domestic tourism trips in China reached 110 million, a year-on-year increase of 6.3%; The total cost of domestic tourists traveling was 40.35 billion yuan, a year-on-year increase of 8.1%.2. Where to go: The average price of international air tickets during the Dragon Boat Festival has decreased by about 20% year-on-year; The average price of hotels in popular foreign vacation cities is generally mor...
Date:
2024
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06
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11
Views：2
Financial attentionMacroeconomics1. China News Agency: Starting two weeks before the start of the European Championship, the booking popularity of domestic esports hotels has increased by 310%. The booking popularity of domestic flights, hotels, and vacation products to Germany has also skyrocketed, with products with higher growth mainly coming from the host cities of the European Championship.2. China Railway Group: In May, a total of 1724 China Europe freight trains were operated, delivering 186000 TEUs of goods, an increase of 14% and 13% year-on-year, respectively, setting a new historica...
Date:
2024
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06
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17
Views：3
Financial attentionMacroeconomics1. Zhejiang Province: Issuing the Notice on Issuing the First Batch of Central Infrastructure Investment Funds for Actively Responding to Population Aging Projects and Childcare Construction in 2024, the funds will be specifically used for actively responding to population aging projects and childcare construction projects, and corresponding expenditure budget indicators for each city and county (city) in 2024 will be added.2. Meteorology Bureau: It is expected that the middle and lower reaches of the Yangtze River will be in a period of concentrated rainfall i...
Date:
2024
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06
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24
Views：4
Financial attentionMacroeconomics1. Bureau of Statistics: In June, the manufacturing PMI was 49.5%, unchanged from the previous month; The non manufacturing business activity index was 50.5%, a decrease of 0.6 percentage points compared to the previous period; The comprehensive PMI output index was 50.5%, a decrease of 0.5 percentage points compared to the previous month.2. CCTV News: Since mid June, many parts of the country have experienced heavy rainfall, and some areas have experienced severe flooding and geological disasters, causing serious damage to highway infrastructure. The Ministry ...
Date:
2024
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07
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01
Views：1
Financial attentionMacroeconomics1. IoT: In June, the global manufacturing PMI was 49.5%, a decrease of 0.3 percentage points compared to the previous month, marking the third consecutive month of decline. In the second quarter, the average global manufacturing PMI was 49.7%, slightly higher than the first quarter by 0.1 percentage points, indicating that the global economy has maintained a moderate recovery trend.2. China Association of Automobile Manufacturers (CAAM): In June, the European Commission disregarded the facts and insisted that there were high subsidies in China's electric ve...
Date:
2024
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07
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08
Views：2
Financial attentionMacroeconomics1. The Central Committee of the Communist Party of China: To promote coordinated efforts in implementing national development plans, major strategies, fiscal, monetary, industrial, price, employment and other policies, optimize the allocation of various incremental resources and adjust the stock structure. Explore the implementation of national macro balance sheet management. Incorporate both economic and non economic policies into the macro policy orientation consistency assessment. Establish a sound expectation management mechanism. Establish a sound system f...
Date:
2024
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07
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22
Views：3
Financial attentionMacroeconomics1. CITIC Securities: The deposit pricing adjustment this time is estimated to have a positive contribution of about 3bps -4bps to the annualized net interest margin of state-owned large banks (Postal Savings Bank of China has a positive contribution of about 5.5bps to the net interest margin due to the high proportion of fixed deposits), while the previous 1Y/5Y LPR reduction of 10bps is estimated to have a negative impact of about 3bps on the annualized net interest margin of state-owned large banks. It is expected that the deposit listing interest rate reduct...
Date:
2024
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07
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29
Views：3
Financial attentionMacroeconomics1. Xinhua News Agency: In the first seven months, the number of inbound and outbound personnel at Jiangsu ports exceeded 2.7 million, surpassing the entire year of 2023. With the continuous adjustment and optimization of immigration policies and the strong promotion of summer tourism, the number of tourists at major airports and ports in Jiangsu, such as Nanjing, Wuxi, and Nantong, has significantly increased. In July, more than 382900 Chinese citizens left Jiangsu ports, a year-on-year increase of 64.78%.2. Shenzhen Port: On August 3rd, the passenger clearance...
Date:
2024
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08
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05
Views：3
Financial attentionMacroeconomics1. The Central Committee of the Communist Party of China and the State Council: Promote the green and low-carbon transformation and upgrading of traditional industries. Vigorously promote the green and low-carbon transformation of industries such as steel, non-ferrous metals, petrochemicals, chemicals, building materials, papermaking, printing and dyeing. Continuously update binding standards for land, environment, energy efficiency, water efficiency, and carbon emissions, and establish a sound mechanism for capacity exit. Reasonably raise the resource and envi...
Date:
2024
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08
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12
Views：2
Financial attentionMacroeconomics1. Shanghai Customs: In the first seven months, the total import and export value of the Yangtze River Delta region reached a historical high of 9.1 trillion yuan, a year-on-year increase of 5.8%, accounting for 36.7% of the country's total import and export value.2. Xinhua News Agency: The Jiaolong, which arrived at the first operational area in the Western Pacific, carried Xu Xuewei, the chief scientist of the 2024 Western Pacific International Voyage, and completed the first dive of the voyage with divers Qi Haibin and Zhang Yi. This is also the 300th di...
Date:
2024
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08
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19
Views：2
Financial attentionMacroeconomics1. CCTV News: Since the China Thailand visa exemption agreement came into effect on March 1st, as of August 31st, Yunnan Mohan Port has released more than 16000 Thai nationals, with visa free Thai nationals accounting for over 54% of the total. Thai tourists account for more than 74% of the third country personnel who are allowed to enter or leave the country.2. China Railway Group: The railway summer transport in 2024 has come to an end. From July 1st to August 31st, the total number of passengers transported by railways in China reached 887 million, a year-on...
Date:
2024
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09
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02
Views：3