Payment licenses have been cancelled for a total of 94 times, and 9 payment institutions "left the site" during the year. Recently, Kaidianbao Payment Service Co., Ltd. issued the Notice on Suspension of Payment Business, saying that it would withdraw and clean up the existing stock business in an orderly manner. According to the list of cancelled payment institutions updated by official website, People's Bank of China, as of December 13 this year, 94 payment licenses have been confirmed to be cancelled, and the number of payment licenses cancelled this year is 9. (Securities Daily)Moody's: Downgrading France's sovereign credit rating to Aa3, the outlook is stable.Ning Gaoning: Electric vehicles are an industry that will lead the development of China in the future. The global market is very envious. Ning Gaoning, the 13th member of the Standing Committee of Chinese People's Political Consultative Conference and former party secretary and chairman of China Sinochem Holdings Co., Ltd., mentioned at the annual meeting of Chinese business leaders that China may become a sustainable country after China is a manufacturing power. "There are many volumes of electric vehicles in China and how much competition there is. In fact, in the whole global market, everyone has brought great envy to electric vehicles in China, including a vision for the future, which is the industry that will lead the development of China in the future." (Rui Jian)
The grain output of "Beidacang" topped 160 billion Jin for the first time in the country for 15 consecutive years. According to the latest data released by the National Bureau of Statistics, in 2024, the total grain output of Heilongjiang Province reached 160.034 billion Jin. Wang Yong, deputy director of the Department of Agriculture and Rural Affairs of Heilongjiang Province, said that this year, the grain production in Heilongjiang Province achieved "21 consecutive harvests", and the total grain output exceeded 160 billion Jin for the first time. The total grain output has been stable at more than 150 billion Jin for seven consecutive years, ranking first in the country for 15 consecutive years. (Xinhua News Agency)China's economic restructuring and upgrading loan interest rates have remained at a historically low level, the financial sector has continued to exert its efforts to support the real economy, and credit resources have more flowed to key areas and weak links of the national economy. At the end of November, medium and long-term loans for manufacturing industry, loans for "specialized and innovative" enterprises, and small and micro loans for general benefit increased by 12.8%, 13.2% and 14.3% respectively, which were higher than the growth rates of various loans in the same period. China's economic structure has been transformed and upgraded, and the credit structure has been continuously optimized. (CCTV News)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.
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.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.Yin Xiyue's impeachment case will be voted again today. Korean media analysis: As long as one more ruling party votes in favor, the motion can be passed. The South Korean National Assembly will hold a plenary meeting at 4 pm local time on the 14th to vote on the motion on impeaching President Yin Xiyue. Korean media analysis believes that according to the relevant procedures, the impeachment case needs at least eight ruling party members to "defect" in order to be passed in Congress. At present, seven people have publicly expressed their support, so as long as one more person votes in favor, the motion can be passed. At the same time, the commentary of "Korea Economy" believes that with the impeachment of Yin Xiyue, the concern about the long-term blank in the fields of administration, national defense and public security in South Korea is intensifying. Moreover, with the deepening of various investigations, the scope of the respondents involved may be further expanded. If the relevant impeachment and recall cases are passed, about one-third of the positions of State Councillors will be vacant. The article believes that it is not groundless to worry that this situation may eventually lead to anarchy. In addition, the US and Japanese media are also "worried" about their relations with South Korea. Washington post said that a month ago, Yin Xiyue was still trying to improve his golf skills, hoping to play golf with the incoming US President-elect Trump, which would make a good start for the relationship between the two sides. Now, he is fighting for his political life. (World Wide Web)
Strategy guide 12-14
Strategy guide 12-14
Strategy guide