Express delivery of important policy messages affecting the market on November 11

communiqu é of the Sixth Plenary Session of the 19th Central Committee of the Communist Party of China

The Sixth Plenary Session of the 19th CPC Central Committee was held in Beijing from November 8 to 11, 2021. The plenary session was presided over by the Political Bureau of the CPC Central Committee. The general secretary of the Central Committee Xi Jinping made an important speech. The plenary session listened to and discussed Xi Jinping the work report entrusted by the Political Bureau of the Central Committee, deliberated and adopted the resolution of the CPC Central Committee on the major achievements and historical experience of the party’s Centennial struggle, and deliberated and adopted the resolution on convening the 20th National Congress of the party.

the Sixth Plenary Session of the 19th CPC Central Committee decided that the 20th CPC National Congress will be held in the second half of 2022

The plenary session decided that the 20th National Congress of the Communist Party of China would be held in Beijing in the second half of 2022. The plenary session held that the 20th CPC National Congress is an important moment for our party to enter the new journey of building a modern socialist country in an all-round way and marching towards the second Centennial goal. It is a very important congress and a major event in the political life of the party and the state.

the Ministry of industry and information technology and the CSRC held a discussion and exchange on giving play to the role of capital market and supporting the development of small and medium-sized enterprises

On November 9, 2021, the Ministry of industry and information technology and the CSRC held a discussion and exchange on deepening cooperation, giving full play to the role of capital market and supporting the innovative development of small and medium-sized enterprises. Xu Xiaolan, Vice Minister of the Ministry of industry and information technology, and Zhao Zhengping, member of the Party committee and vice chairman of the CSRC, attended the meeting. Zhao Zhengping pointed out that deepening the reform of the new third board and establishing the Beijing stock exchange are not only an important measure for the capital market to better support the development and growth of small and medium-sized enterprises, but also an inevitable requirement for the implementation of the national innovation driven development strategy.

Ministry of Commerce: China US economic and trade cooperation is in the fundamental interests of the two countries and their peoples

Shu jueteng, spokesman of the Ministry of Commerce, introduced that on the basis of maintaining the growth of China US trade in 2020, the bilateral trade volume grew rapidly from January to October this year, with a year-on-year increase of 23.4%, of which imports from the United States increased by 28.9% and exports to the United States increased by 21.8%. Shu jueteng said that this fully shows that the economies of the two countries are highly complementary. Bilateral economic and trade cooperation is in the fundamental interests of the two countries and the two peoples and is also conducive to the recovery of the world economy.

the Ministry of agriculture and rural areas held departmental coordination meetings and enterprise forums to promote the implementation of measures to stabilize pig production

Recently, the agricultural and rural sectors held a coordination meeting of pig production departments and a symposium of pig breeding enterprises to implement the decisions and arrangements of the CPC Central Committee and the State Council on stabilizing pig production, analyze the current situation and trend, listen to opinions and suggestions, and promote the implementation of working measures to stabilize pig production in the next stage. Ma Youxiang, Vice Minister of agriculture and rural areas, attended the meeting and delivered a speech.

the central bank and the safe solicited public opinions on issues related to supporting the development of new offshore international trade

In order to implement the opinions of the general office of the State Council on accelerating the development of new forms and models of foreign trade (GBF [2021] No. 24), serve the new development pattern of “double cycle”, further improve the level of trade liberalization and facilitation, and promote the healthy and sustainable innovation and development of new forms and models of foreign trade, the people’s Bank of China The State Administration of foreign exchange has jointly drafted the notice on issues related to supporting the development of new offshore international trade (Draft for comments), which is now open to the public for comments.

China’s first approved yuan universe Industry Association unveiled

On November 11, the yuan universe Industry Committee of China Mobile Communications Federation held the unveiling ceremony and officially released the new book yuan universe co authored by Yu Jianing and he Chao. China Mobile Communication Federation is the only national social organization in the field of China mobile communication, and its members include China Mobile, China United Network Communications Limited(600050) and so on. The yuan universe industry committee was approved to be established on October 15. It is the first approved yuan universe Industry Association in China and is committed to promoting the healthy and sustainable development of Yuan universe industry.

National Development and Reform Commission: the national coal output reached a record 12.05 million tons

With the continuous implementation of measures to increase coal production and supply, the high-quality production capacity of coal mines was further released, and the national coal output recovered and increased rapidly after the cold wave. On November 10, the daily output of coal dispatching reached 12.05 million tons, a record high, an increase of 120000 tons compared with the previous peak. Among them, the coal output of Shanxi, Shaanxi, Xinjiang and other provinces and regions reached a new high in recent years, laying a more solid foundation for the national energy supply and price stabilization work.

during the 14th five year plan, the southern power grid will invest 670 billion to build the power grid

The interface news learned from China Southern Power Grid that the company has issued the power grid development plan of China Southern Power Grid during the 14th five year plan to clarify the overall structure of power grid development during the 14th Five Year Plan period. China Southern Power Grid said that by 2025, the maximum load of the whole society in the five southern provinces and regions will reach 295 million KW, an increase of 79.6 million KW compared with 2020.

traded at the alarm price in three minutes, and the price of light rare earths hit a new high in recent ten years

On November 11, according to Baotou rare earth products exchange, the 85th special auction of China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) (600111. SH) was completed that morning. Within 3 minutes of opening, the total of 20 tons of metal praseodymium and neodymium of the four targets reached the alarm price, with a transaction price of 930000 yuan / ton. The alarm price refers to the highest price that can be auctioned on that day.

November 11 China Central Television News broadcast financial content collection

Xi Jinping attended the APEC Business Leaders Summit and delivered a keynote speech

CCTV news (news broadcast): on November 11, President Xi Jinping was invited to deliver a keynote speech entitled “adhering to sustainable development and building an Asia Pacific Community of common destiny” to the apec business leaders summit by video in Beijing.

Xi Jinping pointed out that at present, the epidemic of covid-19 pneumonia is still spreading all over the world, and the world economic recovery is difficult and tortuous. The Asia Pacific region should shoulder the responsibility of the times, play a leading role and firmly move forward towards the goal of building an Asia Pacific Community of common destiny.

First, make every effort to combat the epidemic. The more difficult the time is, the more we should strengthen our confidence and be calm and courageous. In the face of this century’s test affecting the future and destiny of mankind, the economies and all sectors of society in the Asia Pacific region should adhere to the people first and life first, carry forward the scientific spirit, unite as one, and strive to win a complete victory in the fight against the epidemic.

Second, adhere to openness and cooperation. All parties should grasp the general trend, actively expand opening-up, promote trade and investment liberalization and facilitation, maintain the stability and smoothness of the industrial chain and supply chain, promote economic recovery and realize linkage development. We should keep looking forward and moving forward. The Asia Pacific region cannot and should not return to the state of confrontation and separation during the cold war.

Third, promote green transformation. We should adhere to the principle of common but differentiated responsibilities, implement the outcomes of the Paris Agreement on climate change and the fifteenth conference of the parties to the Convention on biological diversity, and jointly follow the path of green, low-carbon and sustainable development. We will focus on the people, coordinate economic growth, people’s livelihood Protection, energy conservation and emission reduction, promote green transformation in economic development and achieve greater development in green transformation.

Fourth, actively promote innovation. We should accelerate scientific, technological and institutional innovation, promote the transformation of scientific and technological achievements, and cultivate new drivers of economic development. Strengthen scientific and technological innovation cooperation among Asia Pacific members to create an open, fair, just and non discriminatory environment for scientific and technological development. The business community should strive to become the main force of R & D investment and achievement transformation.

Xi Jinping stressed that China’s economic development has always been integrated with the process of Asia Pacific regional cooperation. China has completed the building of a moderately prosperous society in all respects on schedule, opening a new journey of building a modern socialist country in all respects, which will bring greater opportunities to the Asia Pacific region.

China will unswervingly promote reform and opening up and provide assistance for Asia Pacific economic development. China is committed to promoting the construction of a high-standard market system, promoting new progress in the reform of important fields and key links, creating a high-level and institutional opening-up pattern, continuously optimizing the business environment, creating a unified, open and orderly competitive market system, constantly consolidating the foundation of China’s long-term economic development, and providing better guarantee for Asia Pacific and global business circles to invest and start business in China.

China will promote comprehensive green transformation and contribute to the construction of ecological civilization in the Asia Pacific and the world. China will actively promote the construction of ecological civilization, firmly implement the national strategy to deal with climate change, coordinate low-carbon transformation and the needs of people’s livelihood, and achieve the goals of carbon peak and carbon neutralization on schedule. Welcome the active participation of the Asia Pacific business community to create a green development future.

China is committed to promoting win-win cooperation and contributing to Asia Pacific economic development. Adhere to genuine multilateralism, actively participate in global economic governance and promote the construction of an open world economy. We must firmly promote one of the “one belt, one road” building of high-quality, strengthen cooperation in global poverty reduction, food security and development financing, and provide impetus for the economic recovery and sustainable development of the Asia Pacific region and build a community of global development destiny.

90% of the sown area of Winter Wheat in China is expected to remain stable

China Central Television Network News (news broadcast): according to the latest agricultural scheduling, the autumn grain harvest in China’s main grain producing areas is coming to an end. At the same time, 90% of the seeds have been planted in autumn and winter, and the sowing progress is better than expected.

In the main autumn grain producing areas in China, at present, in addition to the mid and late rice harvest in the south, the autumn harvest in the northeast, Huanghuaihai, southwest and northwest regions has basically ended. Although autumn grain production was reduced in some provinces due to severe drought and flood disasters, most of other regions increased production, especially in Heilongjiang, Jilin, Liaoning and Inner Mongolia. The recent strong cooling and snowfall in northern China has little impact on the autumn harvest, and the annual grain output will reach a record high.

Autumn and winter planting is the first battle of grain production in the coming year. Affected by the abnormal rainfall in the north, it is difficult to plant in autumn and winter this year. All localities have implemented the same responsibilities of the party and government for food security at all levels, and taken a series of more effective measures to rush to harvest autumn crops and plant winter wheat. The central government issued in advance the land conservation subsidy, agricultural machinery purchase subsidy, farmland construction subsidy and other funds for 2022, which further mobilized farmers’ enthusiasm for growing grain.

Since mid October, the progress of autumn and winter planting has accelerated significantly. Among them, the daily sowing area of weather affected provinces has been more than 10 million mu for 12 consecutive days, and 98.2% has been sown so far, entering the final stage.

the intensity of industrial energy consumption further decreased in the first three quarters

China Central Television Network News (news broadcast): since this year, a number of new green manufacturing technologies and new green products have been launched in China’s industrial field, and the green and low-carbon transformation of industry has been further promoted.

Data show that in the first three quarters of this year, China’s energy consumption per unit of added value of industries above designated size decreased by 5.2%, and the energy consumption intensity further decreased. Since this year, industrial enterprises have pursued a green path of low consumption and high yield in transformation and upgrading. The state has also carried out energy-saving diagnosis services for more than 10000 enterprises, focusing on the green transformation of traditional industries and building a green manufacturing system. As of September this year, China has selected and cultivated 2121 green factories and 171 green industrial parks.

In Jiangsu Jiangsu Lianyungang Port Co.Ltd(601008) national petrochemical industry base, the largest petrochemical enterprises use regeneration equipment to “transform” the waste acid and waste ammonium sulfate produced in the production process into new chemical materials that can be recycled and reproduced. This year, the enterprise invested more than 600 million yuan to carry out the technical R & D and transformation of waste recycling, which not only reduced the production cost by more than 30%, but also brought more than 2 billion yuan of new sales revenue to the enterprise.

Not only enterprises, but also the green of industry extends in depth from the industrial chain. An iron and steel manufacturing enterprise located in Tangshan, Hebei Province upgraded and developed an electrical steel material this year. This material has a direct effect on energy conservation and carbon reduction, especially electric energy conversion, and can reduce the power consumption of products to varying degrees. In less than October this year, the orders for electrical steel materials of enterprises exceeded 2.3 times that of the whole year last year, and the number of new downstream customers also increased.

As of September this year, the state has selected and cultivated 189 green supply chain enterprises, promoted tens of thousands of green products, promoted the optimization and adjustment of energy consumption structure, and helped the whole society save energy and reduce carbon.

China and the United States reached a joint declaration on strengthening climate action

CCTV news (news broadcast): on the 10th, China and the United States released the Glasgow Joint Declaration on strengthening climate action in the 1920s during the United Nations climate change Glasgow conference. The two sides appreciated the work carried out so far and pledged to continue to work together and work with the parties to strengthen the implementation of the Paris Agreement. On the basis of the principle of common but differentiated responsibilities and respective capabilities and taking into account the national conditions of each country, we should take intensified climate action to effectively respond to the climate crisis. The two sides agreed to establish the “enhanced Climate Action Working Group in the 1920s” to promote bilateral climate change cooperation and multilateral process.

U.N. Secretary General Guterres welcomed the conclusion of the Joint Declaration on strengthening climate action between China and the United States. Guterres said that addressing climate change requires international cooperation and unity. The conclusion of the Sino-U.S. declaration is “an important step in the right direction”.

China LianBo express

CCTV news (news broadcast):

all agricultural insurance premium subsidies exceeding 30 billion yuan from the central government

This year, the central government allocated 33.345 billion yuan in subsidies for agricultural insurance premiums, an increase of 16.8% over the previous year. It is expected to provide 5 trillion yuan in risk protection for more than 200 million secondary farmers. Up to now, all relevant funds have been released.

China Development Bank 1.66 trillion yuan loan to support ecological and environmental protection

By the end of October, the State Development Bank had issued 230.4 billion yuan of new loans in the field of ecological and environmental protection this year, with a loan balance of 1.66 trillion yuan. We have focused on supporting major projects in the fields of river basin treatment and agricultural and rural pollution control. In addition, it has also supported garbage and sewage treatment projects in more than 200 districts and counties.

the Ministry of Finance issued 4 billion euros of sovereign bonds

Yesterday (November 10), the Ministry of Finance issued 4 billion euros of sovereign bonds in Hong Kong, which was oversubscribed 4.3 times. Investors from Europe, Africa and the Middle East accounted for nearly 70%.

CAAC fully guarantees the Beijing Winter Olympic Games

The reporter learned from the civil aviation administration that Beijing Capital International Airport, as the only official port of entry for the Beijing Winter Olympic Games and the winter Paralympic Games, implements the whole process closed-loop management of entry and departure channels and makes every effort to provide service guarantee. As of November 9, civil aviation has guaranteed 85 relevant flights in total.

the “East Passage” of China EU trains has exceeded 4000 this year

As of yesterday (November 10), a total of 4062 China Europe trains had been operated this year through Manzhouli and Suifenhe ports, the “east channel” of China Europe trains, a year-on-year increase of 28.1%.

 

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