Xinhua Financial Evening News: December 22

[Focus]

National Development and Reform Commission: by 2025, the total scale of rail transit in Chengdu and Chongqing will reach more than 10000 km. Central bank: the payment business license held by 51 Payment institutions has expired. The selected list of national blockchain innovation and application pilot was announced. MIIT: Alibaba cloud failed to report security vulnerabilities in time. According to the monitoring of the Ministry of Commerce, the price of the national food Shenzhen Agricultural Products Group Co.Ltd(000061) market increased by 8.5% month on month in November.

[highlights of China]

·The national development and Reform Commission has issued the multi-level Rail Transit plan for Chengdu Chongqing dual city economic circle, which proposes that by 2025, the Chengdu Chongqing dual city economic circle on the track will be preliminarily built, and the total scale of rail transit will reach more than 10000 kilometers, of which the scale of railway network will reach more than 9000 kilometers, covering all cities with a population of more than 200000, forming a one hour commute circle in Chongqing and Chengdu metropolitan circles, The "double cores" of Chongqing and Chengdu are accessible in one hour, and the "double cores" are accessible in 1.5 hours to the regional center and main node cities of Chengdu Chongqing region, and about 3 hours to the core cities of major adjacent urban agglomerations.

·According to the website of the people's Bank of China, as of December 21, 2021, the payment business licenses held by 51 Payment institutions have expired. Previously, 46 Payment institutions applied to the people's Bank of China for renewal. The people's Bank of China has examined relevant applications in accordance with the law and decided to renew 40 Payment institutions and suspend the examination of 6 Payment institutions. Five Payment institutions have not submitted renewal applications, and will withdraw from the payment market in an orderly manner.

·On the 22nd, the people's Bank of China issued a rumor refuting statement on its official website, pointing out that recently, it was circulated on the Internet that Chen Yaoming, China National banknote printing and Minting Corporation, was suspected of serious violations of law and discipline and voluntarily surrendered to the case, "suspected of printing 'same number banknotes' 2 trillion for private purposes." The person in charge of the money, gold and silver Bureau of the people's Bank of China said that this is a rumor and of a bad nature. There are strict working procedures and technical standards for the printing and issuance of RMB, and the people's Bank of China has been carrying out relevant work in accordance with laws and regulations. Our bank severely condemns rumor making and spreading, and has reported the case to the public security organ.

·According to the news of the central network information office on the 22nd, 17 departments and units including the network information office and the Propaganda Department of the CPC Central Committee released the publicity on the list of selected national blockchain innovation and application pilots. The publicity period is from December 22, 2021 to December 28, 2021. All pilot units (regions) in the list shall follow the principle of good faith, strictly prohibit fraud, and prohibit money speculation, mining, illegal fund-raising, money laundering, MLM and hype in the name of blockchain innovation.

·The network security administration of the Ministry of industry and information technology reported that after Alibaba cloud found serious potential security vulnerabilities in Apache log4j2 components, it did not report to the competent telecommunications department in time, and did not effectively support the Ministry of industry and information technology to carry out network security threat and vulnerability management. The circular pointed out that Alibaba cloud is a partner of the network security threat information sharing platform of the Ministry of industry and information technology. After research, Alibaba cloud is suspended as the above partner for 6 months. After the suspension expires, Alibaba cloud will study and resume the above-mentioned cooperative units according to the rectification of Alibaba cloud.

·According to the monitoring of the Ministry of Commerce, the price of the national food Shenzhen Agricultural Products Group Co.Ltd(000061) market increased by 8.5% month on month in November. From the perspective of main varieties: the average wholesale price of pork in six large and medium-sized cities increased by 26.7% month on month and decreased by 40.5% year-on-year. The average wholesale prices of 30 kinds of vegetables and 6 kinds of fruits increased by 15.2% and 5.8% month on month, 28.8% and 4.7% year-on-year respectively.

·The 14th five year plan for the development of digital transportation issued by the Ministry of transport proposes to improve the architecture of comprehensive transportation information platform at the ministerial and provincial levels, promote the construction of comprehensive transportation big data center system, strengthen the integration, sharing, comprehensive development and intelligent application of data resources, and create a "data brain" of comprehensive transportation. Further promote the application of Beidou industry. Beidou 3 terminal shall be popularized and applied in railway, highway, water transportation, civil aviation, postal and other fields. Deepen the application of high-precision navigation and location service of Beidou System in the field of transportation.

·According to the news on the official website of local taxation bureaus in Shanghai, Zhejiang, Beijing, Jiangsu and Guangdong on December 22, in order to further create a good environment for paying taxes in good faith according to law, star artists and network anchors who have not paid attention to their own tax related problems or failed to carry out self-examination and rectification in accordance with the tax law and relevant notice requirements are required to pay close attention to self-examination, And take the initiative to report and correct tax related problems to the tax department before the end of 2021. The tax department will reduce, mitigate or exempt tax penalties according to the requirements of the notice. For those who still refuse to conduct self-examination and self correction or do not conduct self-examination and self correction thoroughly, the tax department will seriously deal with them in accordance with the law and regulations.

·China's steel market continues to destock. According to the statistics of ganggu.com, as of the week of December 22, the national building materials inventory was 5.1275 million tons, a decrease of 280700 tons or 5.19% compared with last week; The plant and warehouse were 2.4106 million tons, a month on month decrease of 374700 tons, a decrease of 13.45%.

·According to the news of Xi'an epidemic prevention and control press conference, Xi'an further strengthened social control and significantly reduced personnel mobility. In addition to the needs of epidemic prevention and people's livelihood, non essential places shall be temporarily closed. The sealed control area strictly implements the "door-to-door service without leaving home". The city's communities (villages) and units implement closed management. One person in each family goes out to purchase living materials every two days, and other family members need to hold the certificate issued by the unit and community.

·MSCI, the index preparation company, said that Dawning Information Industry Co.Ltd(603019) , Leon Technology Co.Ltd(300603) , Xiamen Meiya Pico Information Co.Ltd(300188) would be excluded from MSCI China all stock index, and three stocks would be excluded from relevant non market capitalization weighted index and customized index. The adjustment would take effect after the closing on February 9, 2022.

[International highlights]

·According to the report on the use of RMB among ASEAN countries in 2021, the cross-border collection and payment of RMB between China and ASEAN rose against the trend in 2020, and the RMB cross-border capital flow of ASEAN countries reached 4.15 trillion yuan, an increase of 72.4% year-on-year.

·The final year-on-year GDP of the UK in the third quarter was 6.8%, the expected value was 6.6%, and the initial value was 6.6%; The final quarter on quarter GDP of the UK in the third quarter was 1.1%, expected to be 1.3%, and the initial value was 1.3%.

·The minutes of the October monetary policy meeting of the Bank of Japan showed that central bank members agreed to further relax the policy without hesitation when necessary. Some members said that the foreign exchange market and asset prices are important channels for the implementation of monetary policy, but these are not the ultimate goals.

·South Korea's Ministry of Finance and other multi sectoral joint statement said that the re intensification of the epidemic has put pressure on the economy. Now it is facing economic uncertainty and will stabilize prices.

·The Bank of Thailand kept the benchmark interest rate unchanged at 0.5%, in line with market expectations. The newly released GDP growth rate in 2021 is expected to be 0.9%, 3.4% in 2022 and 4.7% in 2023.

- stock

·The main stock indexes of Shanghai and Shenzhen opened slightly lower in the morning of the 22nd, the Shanghai index closed narrowly throughout the day, and the Shenzhen Component Index and gem index closed high without covering the gap. At the close of the trading, the Shanghai stock index reported 3622.62 points, down 0.07%, with a turnover of about 432.5 billion yuan; Shenzhen composite index reported 14791.33 points, up 0.70%, with a turnover of about 630 billion yuan; The gem index reported 3368.70 points, up 0.55%, with a turnover of about 244.1 billion yuan. In terms of sectors, medicine, metauniverse, media, oil and other rose, while real estate, electric power and securities companies declined.

- Bonds

·China's bond market: Treasury bond futures rose late on the 22nd, closing up across the board at the end of the day. The main 10-year futures closed up 0.26% to 100.315; The main force in the five-year period rose by 0.18%; The main force in the two-year period rose by 0.08%.

- currency

·On the 22nd, the central bank launched RMB 10 billion 7-day reverse repurchase and RMB 10 billion 14 day reverse repurchase; In view of the maturity of RMB 10 billion reverse repurchase on that day, the open market realized a net investment of RMB 10 billion.

·Shibor fell 17.10bp to 1.6870% overnight; Shibor fell 7.50bp to 2.0120% in seven days; Shibor rose 19.90bp to 2.9070% in 14 days.

- foreign exchange

·On December 22, the central parity rate of RMB against the US dollar was 6.3703, up 26 points. At 16:30 Beijing time, the onshore RMB closed at 6.3721 against the US dollar, down 14 points from the previous trading day.

- commodities

·China's commodity market fluctuated as a whole on Wednesday (December 22), with active varieties rising more and falling less. Among them, most crude oil varieties rebounded strongly, and the main contract of SC crude oil closed up 4.18%, leading the commodity market; PTA, low sulfur fuel oil and fuel oil closed up 3.86%, 3.63% and 2.57% respectively, ranking second to fourth in terms of growth. In terms of decline ranking, ferrosilicon, red jujube and manganese silicon closed down 5.32%, 3.78% and 3.23% respectively, ranking among the top three in the decline list.

[economic data and dynamics (Beijing time)]

·21:30 final value of us real GDP in the third quarter and final value of us personal consumption expenditure (PCE) in the third quarter

·23:00 total sales of existing homes in the United States in November and the consumer confidence index of the US Chamber of Commerce in December

·23:30 EIA crude oil inventory change in the week of December 17

(Xinhua Finance)

 

- Advertisment -