Quick overview of important news December 27, 2021 01
highlights of China
1。 The national development and Reform Commission issued the Special Administrative Measures for foreign investment access (negative list) (2021 version)
According to the news on the website of the national development and Reform Commission on the 27th, the national development and Reform Commission issued the Special Administrative Measures for foreign investment access (negative list) (2021 version), which will take effect from January 1, 2022.
It is mentioned that foreign investors shall not engage in investment and business activities as individual industrial and commercial households, sole proprietorship investors and members of farmers’ professional cooperatives. Foreign invested enterprises investing in China shall comply with the relevant provisions of the negative list of foreign investment access. Where a domestic enterprise engaged in the business prohibited by the negative list of foreign investment access issues shares abroad and is listed for trading, it shall be examined and approved by the relevant competent departments of the state. Foreign investors shall not participate in the operation and management of the enterprise, and its shareholding proportion shall be implemented with reference to the relevant provisions on the administration of domestic securities investment by foreign investors. (National Development and Reform Commission)
Details: Special Administrative Measures for foreign investment access (negative list) (2021 Edition)
2。 National Bureau of Statistics: from January to November, the profits of Industrial Enterprises above designated size increased by 38.0% year-on-year
According to the website of the National Bureau of statistics, from January to November, industrial enterprises above Designated Size achieved a total profit of 7975.01 billion yuan, a year-on-year increase of 38.0%, an increase of 41.3% over January to November 2019, and an average increase of 18.9% over the two years.
From January to November, among industrial enterprises above Designated Size, state-owned holding enterprises realized a total profit of 2363.81 billion yuan, a year-on-year increase of 65.8%; Joint stock enterprises realized a total profit of 5761.89 billion yuan, an increase of 44.0%; The total profits of foreign-invested enterprises and enterprises invested by Hong Kong, Macao and Taiwan reached 2064.5 billion yuan, an increase of 24.3%; The total profit of private enterprises was 2498.43 billion yuan, an increase of 27.9%. (National Bureau of Statistics)
Details: from January to November 2021, the profits of national industrial enterprises above designated size increased by 38.0% year-on-year
Two year average growth of 18.9%
3。 “1000 yuan subsidy per person”, and many places have issued local new year security policies
According to the client of the people’s daily, Shangyu, Zhejiang, Ningbo, Beijing and Zhongshan, Guangdong have successively issued safeguard policies, “1000 yuan subsidy per person” and “special subsidy with a subsidy standard of 100 yuan per person per day”, encouraging the staff of local industrial enterprises to spend the new year in situ. According to the joint prevention and control mechanism of the State Council, the spring transportation in 2022 will begin on January 17 and end on February 25. (people’s daily)
4。 The US side applied for visas for 18 officials to participate in the Beijing Winter Olympics? Ministry of Foreign Affairs: application received
On December 27, foreign ministry spokesman Zhao Lijian chaired a regular press conference. A reporter asked. The source said that the U.S. government recently proposed to send 18 officials mainly from the U.S. State Department and the Department of defense to China to provide safety and medical support for American athletes during the Beijing Winter Olympics. Next, it may submit visa applications for nearly 40 other officials. Can China confirm? Will the visa application of the relevant person be approved?
“What I can confirm is that China has received visa applications from relevant US personnel.” Zhao Lijian said that previously, for the purpose of political manipulation, the United States directed and performed the farce of “not sending diplomatic or official representatives to the Beijing Winter Olympics” without being invited.
Zhao Lijian said that for the US side to send a team composed of government officials to China and apply for a visa, China will handle it in accordance with international practices, relevant regulations and the principle of reciprocity. We once again urge the United States to practice the Olympic spirit, stop politicizing sports and stop any words and deeds that interfere with and undermine the Beijing Winter Olympic Games. (surging News)
5。 Kwai Kwai group reached an interconnection and cooperation: the US group will soon launch a small program
In December 27th, the Kwai Tong and the US mission reached strategic cooperation. Customer service Kwai Kwai will open the platform to launch the US group small program on the fast opening platform, providing package, voucher, booking and other commodity display, online transaction and after sale services to us business groups. At present, meituan applet has completed the pilot launch of catering categories. In the future, it will launch a number of life service categories such as hotels, B & B, scenic spots, leisure and entertainment, beauty salons and screenplays. (Beijing business daily) 02
international highlights
1 。 Israel approves emergency use of Pfizer anti covid-19 oral drug
According to Xinhua News Agency on the 27th, the Israeli Ministry of Health issued a statement on the 26th that it has approved the emergency use of paxlovid, an oral drug produced by Pfizer to treat covid-19. This is the first oral anti covid-19 drug approved by Israel for emergency use.
The statement pointed out that this oral drug will be used to treat mild to moderate covid-19 patients. The Israeli Ministry of health has signed a drug purchase agreement with Pfizer, and the drug is expected to arrive in Israel in the next few days. (Xinhua News Agency)
2 。 IMF: South Korea’s economy is expected to remain the tenth in the world for three consecutive years
Beijing, Dec. 27 (Xinhua) according to the report of Korea Radio International, the global ranking of South Korea’s economic scale is expected to remain at No. 10 in 2021 and 2022.
According to the “world economic outlook” released by the International Monetary Fund (IMF) on the 26th, South Korea’s nominal gross domestic product (GDP) of China is expected to be $1.8239 trillion this year, ranking 10th among 191 countries in the world. Next year is expected to be $1.9077 trillion, also the tenth.
According to this forecast, South Korea and China’s GDP will remain the 10th in the world for three consecutive years from last year to next year. South Korea once ranked 10th in the world in 2005, and then fell out of the top 10. It returned to 10th again in 2018, but fell to 12th again in 2019 and regained that position in 2020.
The analysis pointed out that South Korea can maintain its 10th place this year and next, mainly because it still maintains good economic growth under the impact of the epidemic. The International Monetary Fund predicts that the economic growth of South Korea this year and next will be 4.3% and 3.3% respectively, which is not far from the world economic growth of 5.9% and 4.9%, and the expected economic growth of Brazil (1.5%) and Russia (2.9%) next year is lower than that of South Korea.
On the same day, the “world economic ranking 2022” report released by the British think tank British Center for economic and business research (CEBR) also pointed out that South Korea’s economic scale will remain the tenth in the world in the next few years. (China News Network)
3 。 From next year, all enterprises in South Korea will implement the system of shortening working hours, with a maximum reduction of 30 hours per week
Korea International Radio reported on December 27 that from January 1 next year, the “system of shortening working hours” will be extended to all Korean enterprises.
“System of shortening working hours” means that employees shorten working hours due to taking care of family members, restoring health, preparing for retirement, learning and other reasons. If an employee applies for shortening working hours, the company shall approve it unless there are special reasons. Employees can shorten their working hours to 15-30 hours per week according to their own needs. After applying for one year, you can apply again within two years.
The reasons why the company can refuse employees to shorten working hours are limited to the inability to recruit substitute personnel, significant impact on the normal operation of the company, etc. South Korea will first apply the system to enterprises with more than 300 people in 2020. This year, the scope of application will be extended to companies with more than 30 people, and then to all companies next year. (interface News)
(voice of Securities Daily)
