[Focus]
Minister of Finance Liu Kun: further deepen the reform of the budget management system and improve the fiscal and tax policy system. Yi Gang, governor of the central bank: the special tool to support carbon peak and carbon neutralization will be implemented before the end of the year. Ministry of industry and information technology: by 2025, the market satisfaction rate of intelligent manufacturing equipment and industrial software will exceed 70% and 50% respectively.
[highlights of China]
·Liu Kun, Minister of finance, wrote that he worked hard to continue to promote reform and accelerate the establishment of a modern fiscal and taxation system. Further deepen the reform of the budget management system and improve the fiscal and tax policy system; Effectively enhance the function of Taxation in promoting high-quality development, promoting social equity and maintaining market unity, further improve the modern tax system, and promote reform to open up a new situation in the new development stage; Be an “Iron Rooster” and an “iron abacus”, make careful calculations, constantly improve the efficiency of financial resource allocation and the use efficiency of financial funds, really spend money on the blade, and earnestly implement the requirements of tight living.
·Yi Gang, governor of the central bank, said that the supporting tools for carbon emission reduction and the special refinancing tools for supporting the clean and efficient utilization of coal are made by financial institutions independently and at their own risk. The people’s Bank of China will give a certain proportion of qualified loans low-cost funds. It is expected that the first batch of funds will be released to financial institutions before the end of this year.
·The results of the regulatory assessment of solvency risk management capability of insurance companies by the CBRC in 2021 show that the average score of 43 insurance companies is 74.03, an increase of 2.11 points over the previous assessment. Among them, five companies with more than 80 points can withdraw less minimum capital of 1.85 billion yuan, which will improve the solvency adequacy ratio; 38 companies with less than 80 branches need to increase the minimum capital by 3.82 billion yuan, which will reduce the solvency adequacy ratio.
·Eight departments including the Ministry of industry and information technology jointly issued the intelligent manufacturing development plan for the 14th five year plan. It is proposed that by 2025, 70% of manufacturing enterprises above Designated Size will basically realize digitization and networking, build more than 500 intelligent manufacturing demonstration plants leading the development of the industry, the market satisfaction rate of intelligent manufacturing equipment and industrial software will exceed 70% and 50% respectively, and cultivate more than 150 high professional level System solution providers with strong service capabilities have completed the formulation and revision of more than 200 national and industrial standards, and built more than 120 industrial Internet platforms with industrial and regional influence.
·The “14th five year plan” Siasun Robot&Automation Co.Ltd(300024) Industrial Development Plan “jointly issued by the Ministry of industry and information technology and other 15 departments puts forward that during the” 14th five year plan “period, a number of Siasun Robot&Automation Co.Ltd(300024) core technologies and high-end products will be promoted to make breakthroughs, the comprehensive indicators of the whole machine will reach the international advanced level, and the performance and reliability of key parts will reach the international level of similar products; The average annual growth rate of Siasun Robot&Automation Co.Ltd(300024) industrial operating revenue exceeds 20%; Form a number of leading enterprises with international competitiveness and a large number of specialized and new “little giant” enterprises with strong innovation ability and good growth; Manufacturing Siasun Robot&Automation Co.Ltd(300024) density doubled.
·Ten departments including the Ministry of industry and information technology jointly issued the “14th five year plan” for the development of medical equipment industry. It is proposed that by 2025, the level of advanced foundation and industrial chain modernization of medical equipment industry will be significantly improved, the effective supply of mainstream medical equipment will be basically realized, and the performance and quality level of high-end medical equipment products will be significantly improved, Initially form a comprehensive support capacity for public health and medical health needs.
·On the 28th, the National Bureau of statistics held a national statistical work conference, which emphasized eight key tasks for 2022. These include accelerating the reform of key statistical fields, accelerating the establishment of a statistical monitoring system for common prosperity, and focusing on promoting green development statistical reforms such as “double control” and “double carbon”; We will deepen statistical monitoring and analysis services, strengthen statistical monitoring of the consumer market, strengthen real estate price statistics, and improve statistical surveys of scientific and technological innovation.
·In order to ensure energy security in 2022, promote green and low-carbon development and build an energy power, the national energy administration has made six specific arrangements. Among them, we should make every effort to ensure energy security, continue to play the role of coal as a “ballast stone” and effectively play the basic regulatory role of coal power; We will accelerate the construction of a unified national power market system and actively promote market-oriented power trading.
·The Ministry of culture, tourism and tourism issued the opinions on promoting the high-quality development of national cultural industry parks, which puts forward that by 2025, there will be about 50 national cultural industry demonstration parks, with more obvious scale advantages and agglomeration effects, cultivate a number of founding units of national cultural industry demonstration parks with development potential, continuously improve the creation level and form a high-quality creation echelon.
[International highlights]
·Due to Blizzard weather in some parts of the United States, the settlement price of us natural gas futures on the 27th was US $4.06/million British heat, up 8.8%, the largest one-day increase since October 25.
·The United States added more than 500000 confirmed cases of covid-19 pneumonia on the 27th. In the week ending on the 26th, the average number of newly confirmed cases in the United States in a single day was close to 200000, a new high since January this year, a 47% surge over the previous week.
·As of December 27, the Bank of Japan had purchased a total of 873.4 billion yen ($7.6 billion) of ETFs (7.1 trillion yen last year), the lowest purchase scale since 2012.
·Japan’s unemployment rate in November was 2.8%, the first increase since May, with the previous value of 2.70% and an expected 2.70%.
·Driven by the rebound in the output of the automobile industry, Japan’s industrial output value rose 7.2% month on month in November, much higher than economists’ expectations.
·A survey of five economists conducted by foreign media shows that the expected median annual rate of CPI in South Korea in December is 3.7%, the same as that in November, far higher than the 2% target of the Central Bank of Korea. The median monthly rate of CPI is expected to be 0.2%, lower than the 0.4% increase in November.
– stock
·A shares: on December 28, the two cities consolidated after the collective high opening in the morning and rebounded in the afternoon. As of the closing, the Shanghai index rose 0.39%, the Shenzhen Composite Index rose 0.83% and the gem index rose 1.06%. In terms of sectors, lithium extraction from Salt Lake rose sharply throughout the day, with a sector increase of more than 5%, Tibet Summit Resources Co.Ltd(600338) , Tibet Urban Development And Investment Co.Ltd(600773) limit; Rubber, wind power equipment, digital currency and other sectors led the increase; Electricity, coal, diamond and other sectors led the decline.
·A-share announcement: Beijing E-Hualu Information Technology Co.Ltd(300212) signed cooperation agreements with Huawei cloud and Xinhua three groups; Guangzhou Haozhi Industrial Co.Ltd(300503) it was announced that the controlling shareholders of the company were under residential surveillance at the designated residence of Jinhua Public Security Bureau on suspicion of manipulating the securities and futures market; San Yang Ma (Chongqing) Logistics Co.Ltd(001317) announcement, the suspension of trading and self inspection are completed, and the trading of stocks is resumed; Cnnc Hua Yuan Titanium Dioxide Co.Ltd(002145) it is announced that the net profit in 2021 will increase by 150% – 200% year-on-year.
– Bonds
·China’s bond market: bond futures fluctuated and sorted out on the 28th. T2203, the main force of 10-year bonds, closed up 0.04% to 100.530, and the daily line recorded “three consecutive negative”.
– currency
·The central bank launched a 7-day reverse repurchase operation of 200 billion yuan on the 28th; In view of the maturity of RMB 10 billion reverse repurchase on that day, the open market realized a net investment of RMB 190 billion.
·Shibor fell 16.20bp to 1.6160% overnight; Shibor fell 6.70bp to 2.2450% in seven days; Shibor rose 2.90bp to 3.0990% in 14 days.
– foreign exchange
·On December 28, the central parity rate of RMB against the US dollar was reported at 6.3728, down 42 points. At 16:30 Beijing time, the onshore RMB closed at 6.3713 against the US dollar, up 12 points from the previous trading day.
– commodities
·China’s commodity futures market stabilized on Tuesday (December 28), with active varieties rising more and falling less. Among them, higher oil prices led to the increase of related varieties. As of the afternoon closing, SC crude oil, No. 20 rubber, low sulfur fuel oil (Lu) and fuel oil closed up 3.87%, 3.5%, 3.32% and 3.01% respectively, ranking among the top four in terms of growth, and Shanghai rubber, liquefied petroleum and asphalt also rose by about 2% or more. In contrast, black commodities were weak, with coke, thermal coal, iron ore and coking coal all falling by more than 3% and ranking among the top four in terms of decline.
[economic data and dynamics (Beijing time)]
·22:00 US October FHFA house price index
·23:00 US December Richmond fed manufacturing index
·API crude oil inventory for the week from 05:30 the next day to December 24
(Xinhua Finance)
