[Focus]
National Standing Committee: determine cross cycle adjustment measures to promote the stable development of foreign trade. Ministry of Commerce: the guidance on high quality implementation of RCEP will be issued in time. Minister of industry and information technology: we will focus on expanding the application of “5g + industrial Internet”. The central network information office deployed and carried out the special action of “Qinglang · cracking down on traffic fraud, black public relations and network water army”. Ministry of ecological environment: it is not true that enterprises were shut down in a large area during the Winter Olympic Games. Central Meteorological Observatory: the cold wave is coming! China rare earth group was established in Ganzhou.
[highlights of China]
·Li Keqiang presided over the executive meeting of the State Council to determine cross cycle adjustment measures to promote the stable development of foreign trade; We will make arrangements for the implementation of the regional comprehensive economic partnership agreement after it enters into force. The meeting pointed out that we should strengthen policy support for import and export. Implement tax reduction and fee reduction measures. We will further encourage the development of new forms of foreign trade such as cross-border e-commerce. Add a comprehensive cross-border e-commerce pilot zone. Cultivate a number of offshore trade center cities (regions). Optimize the import list of cross-border e-commerce retail commodities and expand import categories. Encourage enterprises to make good use of the tax reduction of Member States and the accumulation rules of regional origin to expand the export of advantageous products and the import of competitive products.
·The central network information office held a meeting on the 22nd and decided to carry out a two-month special action of “Qinglang · combating traffic fraud, black public relations and network water army” nationwide. The meeting stressed that first, it is necessary to deal with the flow fraud problems such as brushing sub control and evaluation, brushing orders and frying letters, brushing powder, brushing billboards and canvassing. Second, continue to rectify the chaos of Internet black public relations. Third, resolutely investigate and deal with network Navy information, accounts and related control platforms.
·Gao Feng, spokesman of the Ministry of Commerce, said that RCEP will come into force on January 1 next year. At present, all preparations for China’s implementation are ready. The Ministry of Commerce will, together with the relevant departments involved in the agreement, timely issue the guiding opinions on the high-quality implementation of RCEP to help local governments and enterprises make better and full use of RCEP rules, grasp the opportunities of market opening, effectively promote the stable growth of intra regional trade and investment, promote the deep integration of industrial chains and supply chains among members, and promote the realization of higher quality Deeper regional economic integration.
·Xiao Yaqing, Minister of industry and information technology, said that in 2022, we will focus on expanding the application of “5g + industrial Internet”, activating data potential and improving the application ability of enterprise digital technology. We will steadily and orderly carry out the construction of 5g and gigabit optical networks, accelerate the large-scale construction of virtual private networks in 5g industry, lay a solid network infrastructure for digital transformation, focus on key industries such as manufacturing, mining and electric power, and deeply explore the typical application scenarios of “5g + industrial Internet”.
·The Ministry of ecological environment said that it was untrue to shut down a large number of enterprises during the Winter Olympic Games and would take reasonable environmental protection measures in accordance with the law and regulations.
·According to the website of the Ministry of natural resources, the Ministry of natural resources publicly informed 100 criminal land violations on the 23rd.
·The State Railway Administration issued the “14th five year plan” for Railway Science and technology innovation, which aims to further improve the railway’s innovation ability and scientific and technological strength, make more advanced and applicable technical equipment, continue to take the lead in engineering construction technology, significantly enhance the technical level of transportation services, make a comprehensive breakthrough in intelligent railway technology, significantly improve safety assurance technology, and widely apply green and low-carbon technologies by 2025, The innovation system is more perfect, and the overall technical level is leading in the world. Looking forward to 2035, China’s railway strategic scientific and technological strength will continue to strengthen, and the overall technical level and scientific and technological innovation ability will rise sharply. It will become an innovation highland, leading pioneer and important talent center of global Railway Science and technology, and effectively support the construction of a socialist modern power.
·The science and Technology Bureau of the CSRC recently organized industry institutions to draft the guidelines for network security level protection of the securities and futures industry (Draft for comments), which was printed and distributed by the industry self discipline association to all securities and futures operating institutions for comments. The grading basis shows that the security protection level of the network and information system of the securities and futures industry shall be graded according to the damage degree caused by national financial security, social order and the legitimate rights and interests of investors after network security events such as abnormal service capacity or data damage and leakage of the network and information system, which shall be divided into five levels.
·According to the website of the Central Meteorological Observatory, affected by the cold wave, it is expected that from December 23 to 26, there will be grade 4 ~ 5 winds and gusts of grade 6 ~ 8 from north to south in central and eastern China, and the temperature in most areas will drop by 6 ~ 10.22. From the night of December 22 to the morning of December 23, Southern Hebei, central and southern Shandong, Northern Anhui, Jiangsu, Shanghai, Northern Zhejiang, southern Hubei There is heavy fog in some areas of northern Jiangxi and other places.
·China Rare Earth Group Co., Ltd. was established in Ganzhou, Jiangxi Province on the 23rd. It is understood that China Rare Earth Group Co., Ltd. was established by Aluminum Corporation Of China Limited(601600) Group Co., Ltd., China Minmetals Group Co., Ltd. and Ganzhou rare earth group Co., Ltd. in order to realize the complementary advantages of rare earth resources and the coordinated development of rare earth industry, China Steel Research Technology Group Co., Ltd. and Youyan Technology Group Co., Ltd. After its establishment, China Rare Earth Group Co., Ltd. is a diversified central enterprise under the direct supervision of the SASAC of the State Council.
·Beijing Banking and Insurance Regulatory Bureau issued the implementation opinions on strengthening classified guidance and promoting the high-quality development of insurance professional intermediaries in Beijing. The opinions put forward that for intermediaries that do not have the conditions to operate insurance intermediary business, cannot implement regulatory requirements in accordance with laws and regulations, and cannot operate normally, it is emphasized to follow the disposal idea of market-oriented exit, and explore various ways to guide such institutions or their shareholders to exit the market in accordance with laws and regulations.
·Huawei’s first Hongmeng auto AITO M5 was officially released.
[International highlights]
·Bank of Japan governor Haruhiko Kuroda said the Bank of Japan would continue to implement strong easing policies. Due to the large-scale easing policy implemented by the Bank of Japan, foreign exchange volatility has weakened, and the decline of the yen has boosted the profits of Japanese enterprises overseas.
·The Singapore Monetary Authority said that rising imports, labor costs and the recovery of China’s economic activities will support the steady rise of core inflation in the future. It is estimated that the average core inflation rate will be 0.9% in 2021 and will further rise to 1-2% in 2022; It is estimated that the average CPI in 2022 will be 1.5-2.5%.
·Hungary raised its benchmark interest rate to 3.8%, up from 3.6%.
·According to the data released by the global banking financial Telecommunications Association (Swift) on the 22nd local time, in November 2021, in the global payment currency ranking based on amount statistics, the global payment ranking of RMB remained the fifth in the world.
– stock
·A shares: the three major indexes opened slightly lower on the 23rd, rebounded and turned red at the beginning of the session, and the gem index rose ahead, but then the market fell back and fell into shock. In the afternoon, the index was still in the doldrums and fell slightly in the late afternoon, led by the gem index. As of the close, the stock index fell 0.38% to 3647.63 points; The Shenzhen composite index fell 0.73% to 15026.21; The gem index fell 0.87% to 3464.76 points.
·H shares: Tencent announced that it would issue about 460 million JD shares to shareholders in the form of medium-term dividend. After the dividend distribution, Tencent’s shareholding in JD will be reduced from 17% to 2.3%, and it will no longer be the largest shareholder. Meanwhile, Tencent president Liu Chiping will also step down as a director of JD. Tencent responded that “growth enterprises in the investment and development period” has always been the main strategic direction of Tencent’s investment. When the invested enterprises have the ability to continuously raise funds, they choose to withdraw from the investment under appropriate circumstances and cooperate with Tencent. Tencent’s “long-term investment” strategy has never changed. At present, the company has no plan to further reduce its holdings of JD.
– Bonds
·China’s bond market: Treasury bond futures continued to rebound on the 23rd, and the 10-year main contract rose 0.19% to close at 100.485. The daily line recorded “five consecutive Yang”; The main force in the five-year period rose by 0.14%; The main force in the two-year period rose by 0.06%.
– currency
·On the 23rd, the people’s Bank of China 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 5.60bp to 1.6310% overnight; Shibor rose 1.10bp to 2.0230% in 7 days; Shibor rose 14.60bp to 3.0530% in 14 days.
– foreign exchange
·On December 23, the central parity rate of RMB against the US dollar was 6.3651, up 52 points. At 16:30 Beijing time, the onshore RMB closed at 6.3702 against the US dollar, up 19 points from the previous trading day.
– commodities
·China’s commodity futures market fluctuated strongly on Thursday (December 23), and most active commodities closed up. Among them, the main pulp contract closed up 5.55%, leading the commodity market; Fuel oil and low sulfur fuel oil (Lu) rose by more than 3%; In addition, 10 varieties, including styrene (EB) and stainless steel, closed up more than 2%. In terms of falling varieties, manganese and silicon fell by 2.55%, leading the commodity market; Jujube, ferrosilicon and cotton yarn also decreased by more than 1%.
[economic data and dynamics (Beijing time)]
·21:30 Canada’s monthly GDP rate in October, the number of initial jobless claims from the United States to December 18, the core PCE price index of the United States in November, the monthly durable goods order rate of the United States in November, and the monthly personal expenditure rate of the United States in November
·At 23:00, the final value of the University of Michigan consumer confidence index in December and the annualized total number of new home sales in November
·23:30 EIA natural gas inventory for the week from the United States to December 17
·Total number of oil wells drilled in the week from 02:00 the next day to December 24
(Xinhua Finance)
