January 18th (Tuesday), the main contents of today’s headlines are:
China Securities Journal
In 2021, China’s GDP exceeded 110 trillion yuan
According to the data released by the National Bureau of statistics on the 17th, China’s gross domestic product (GDP) in 2021 was 114367 billion yuan, an increase of 8.1% over the previous year at constant prices and an average increase of 5.1% in the two years. China’s GDP exceeded 110 trillion yuan for the first time, exceeding 100 trillion yuan for two consecutive years.
Keeping the word steady and seeking progress while maintaining stability, the CSRC will focus on seven key points in its work this year
On January 17, the CSRC held a 2022 system work meeting to study and deploy seven key tasks in 2022. The meeting pointed out that we should adhere to the principle of “stability first and seek progress while maintaining stability”. Steadily promote the entry of medium and long-term funds into the market and promote the overall balance and coordinated development of investment and financing. We will improve the expected guidance mechanism of the capital market and create a good environment for the smooth operation of the market.
Funds through ETF bottom reading “smart money” fell and bought more and more
The A-share market performed poorly at the beginning of 2022 and continued to fluctuate and decline, while some funds were looking for the layout direction, and the share of ETF increased against the trend. Data show that as of January 14, the share of stock ETFs in the whole market has increased by 28.663 billion since 2022. Among them, the share of ETF in brokerage, wine, new energy, medical and other industries increased significantly, while ETF in military industry, photovoltaic, chip, semiconductor and other industries with large recent decline also experienced capital inflow.
The performance express is eye-catching, and the future market of “top students” in the banking sector can be expected
At present, a number of banks have released the performance express of 2021. From the performance, the revenue and net profit have generally increased significantly. From the 11 A-share listed banks that have disclosed their performance letters, the annual net profit growth of most banks is more than 20%. In this regard, industry insiders believe that the performance growth of the banking industry has maintained an upward trend, and its robustness is better than market expectations. The current margin of safety of bank stocks is high, and the future market can be expected.
Shanghai Securities Journal
From the perspective of the ten key points, the 2022 system working meeting of the CSRC will promote the overall balance of investment and financing and promote the deep reform of the capital market with the registration system as the main line
The 2022 system work conference of China Securities Regulatory Commission was held yesterday. The meeting summarized the work in 2021, analyzed the current situation, studied and deployed the key work of capital market reform and development in 2022. Yi Huiman, Secretary of the Party committee and chairman of the CSRC, delivered a work report entitled “upholding stability, deepening reform, tackling tough problems and striving to build a modern capital market with Chinese characteristics”.
Fast and steady! Decoding transcript of China’s economic hard core answer sheet: “stability”, “progress” and “new” outline a good start to the 14th five year plan
In the 21st century, the epidemic situation fluctuates repeatedly and changes in the past century accelerate its evolution. How is China’s economy doing in 2021? The “answer sheet” released on the 17th showed that under multiple tests, the “14th five year plan” had a good start. This year, China’s total economic output exceeded 110 trillion yuan, ranking second in the world, with a growth rate of 8.1%, ranking first among the world’s major economies. This year, the contribution rate of domestic demand to economic growth was close to 80%, the proportion of manufacturing industry in GDP increased to 27.4%, and the demand structure and industrial structure were further optimized. This year, Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) new products flourished, the national strategic scientific and technological force accelerated its growth, innovation driven development and reaped new achievements.
Director of the National Bureau of statistics responded to hot issues: there is potential and motivation to expand effective investment
The state information office yesterday held a press conference on the operation of the national economy in 2021. Ning Jizhe, director of the National Bureau of statistics, responded one by one to hot issues such as investment, real estate market and population data.
All branches of the digital economy broke out across the board, and the market is expected to return to the main track of science and technology
A shares rebounded on Monday. After the opening of the three major indexes, they rose unilaterally, all branches of the digital economy broke out, and heavyweights in the high boom track also showed signs of recovery. More than 3300 stocks rose in Shanghai and Shenzhen, and market sentiment rebounded significantly.
securities times
China Securities Regulatory Commission held a 2022 system work conference to comprehensively implement the registration system as the main line and further promote the reform of the capital market
China Securities Regulatory Commission held a 2022 system work meeting yesterday, which summarized the work in 2021, analyzed the current situation, and studied and deployed the key work in 2022. Yi Huiman, Secretary of the Party committee and chairman of the CSRC, delivered a work report entitled “upholding stability, deepening reform, tackling tough problems and striving to build a modern capital market with Chinese characteristics”. The meeting said that we should adhere to the principle of stability, earnestly maintain the steady and healthy development of the capital market, steadily promote the entry of medium and long-term funds into the market, take the full implementation of the stock issuance registration system as the main line, deeply promote the reform of the capital market, deepen the combination of decentralization and regulation, and accelerate the transformation of supervision.
Forward force and actively serve as a tool to stabilize the macro-economic market
After the overall RRR reduction in December last year, only one month later, the central bank lowered the one-year medium-term lending facility (MLF) and the seven-day reverse repo interest rate by 10 basis points each. The last round of policy interest rate reduction was in the early stage of the outbreak in 2020. Shortly after the comprehensive RRR reduction, the policy interest rate was lowered, and the decline was higher than the previous market expectation by 5 basis points, which shows the urgency of counter cyclical policy to make efforts to stabilize growth.
China’s main target of GDP growth of 8.1% last year was fully achieved
On January 17, the National Bureau of statistics released the main economic data on the operation of the national economy in 2021. According to preliminary accounting, China’s gross domestic product (GDP) reached 114367 billion yuan, an increase of 8.1% over the previous year at constant prices. The main expected goals of 2021 will be fully realized.
The central bank cut interest rates by 10 basis points more than expected, and the credit process accelerated
On January 17, the people’s Bank of China announced that in order to maintain the reasonable and abundant liquidity of the banking system, it carried out RMB 700 billion medium-term lending facility (MLF) operation and RMB 100 billion open market reverse repurchase operation on the same day. The bid winning interest rate of MLF operation and open market reverse repurchase operation decreased by 10 basis points.
Securities Daily
GDP in 2021 is higher than the expected target, with a year-on-year growth of 8.1%. Experts predict that the annual GDP growth rate will reach about 5.5% this year
On January 17, at the press conference on the operation of the national economy in 2021 held by the Information Office of the State Council, Ning Jizhe, director of the National Bureau of statistics, said that all regions and departments earnestly implement the decisions and arrangements of the Party Central Committee and the State Council, adhere to the general tone of seeking progress while maintaining stability, scientifically coordinate epidemic prevention and control and economic and social development, and do a solid job in the “six stabilities”, We will fully implement the task of “six guarantees”, strengthen cross cyclical adjustment of macro policies, increase support for the real economy, continue to restore development of the national economy, deepen reform, opening up and innovation, effectively ensure people’s livelihood, take new steps in building a new development pattern, achieve new results in high-quality development, and achieve a good start to the 14th five year plan.
The investment in fixed assets exceeds 50 trillion yuan, and the investment in infrastructure will be moderately advanced
“In the next stage, the investment growth trend is promising.
”On January 17, Ning Jizhe, director of the National Bureau of statistics, said at a press conference held by the state information office that the scale of investment continued to expand in 2021, with fixed asset investment (excluding farmers) exceeding 50 trillion yuan, reaching 54.5 trillion yuan, an increase of 4.9% over the previous year and an average increase of 3.9% over the two years. The average growth rate in the two years was 0.1 percentage points higher than that in the first three quarters.
10 BPS! MLF interest rate will be lowered after 21 months
One month after the people’s Bank of China (hereinafter referred to as the “central bank”) comprehensively lowered the reserve requirement, the interest rates of medium-term lending facility (MLF) and 7-day reverse repo were lowered. On January 17, the central bank announced that in order to maintain the reasonable and abundant liquidity of the banking system, it carried out 700 billion yuan medium-term lending facility (MLF) operation and 100 billion yuan open market reverse repurchase operation on the same day. The bid winning interest rate of MLF operation and 7-day reverse repurchase operation decreased by 10 basis points, from 2.95% and 2.2% to 2.85% and 2.1% respectively.
The influx of the three giants into the 1000 yuan price belt intensifies the “internal roll” of the high-end beer industry
Approaching the Spring Festival of the year of the tiger, the competition for high-end beer industry has been upgraded and accelerated again, and the upward movement of price band has become the most obvious signal. Following the launch of high-end beer “Li” by China Resources beer last year, recently Tsingtao Brewery Company Limited(600600) and Budweiser beer also launched high-end beer with a price of 1000 yuan, which is comparable to Feitian Maotai.
people’s daily
Last year, China’s total economic output exceeded 114 trillion yuan, an increase of 8.1% over 2020
2021 is of great significance. China’s total economic output reached a new level of 114367 billion yuan, an increase of 8.1% over the previous year at constant prices. “Over the past year, through the joint efforts of the whole country, China’s economic development and epidemic prevention and control have maintained a leading position in the world. The overall operation of the national economy is within a reasonable range. The main objectives and tasks of annual development have been completed. New steps have been taken to build a new development pattern, new achievements have been made in high-quality development, and the 14th five year plan has achieved a good start.” On January 17, at the press conference of the state information office, Ning Jizhe, director of the National Bureau of statistics, said.
21st Century Business Herald
At the beginning of the year, the breaking rate of new shares will remain high and the new yield may continue to decline
The data show that since December 2021, a total of 60 new shares have been listed in the A-share market, including 52 new shares under the registration system, 10 of which broke on the first day of listing, and the breaking rate on the first day is close to 20%. At the same time, although there are three new shares that did not break on the first day, the stock price continued to decline, and they have broken as of the closing on the evening of January 17.
In 2021, China is approaching the “zero growth” of natural population. Experts suggest that promoting fertility should start with “one child”
Ning Jizhe, director of the National Bureau of statistics, said at the press conference on the operation of the national economy in 2021 held on January 17 that the population in 2021 will increase by 480000 over the end of the previous year. The annual birth population was 10.62 million, and the birth rate was 7.52 ‰; The dead population is 10.14 million, and the population mortality rate is 7.18 ‰; The natural population growth rate is 0.34 ‰.
first finance
China’s economic report card has been released. There is power and space for steady growth
China’s economic report card was released in 2021, showing a sustained recovery and stable operation. On the 17th, data released by the National Bureau of statistics showed that last year, China’s total GDP exceeded 110 trillion yuan, achieved a growth rate of 8.1%, and the expected development goal was well achieved. The total retail sales of social consumer goods reached 44 trillion yuan, and the contribution rate of domestic demand to economic growth reached 79.1%.
Last year, the growth rate of real estate investment decreased month by month, and the contraction of land acquisition and construction of real estate enterprises continued
The rapid cooling of the real estate market in the second half of 2021 did not drag down last year’s GDP, but the industry is not optimistic about the growth expectation of real estate investment this year.
economic reference daily
The seven key tasks of the capital market are clear
On January 17, China Securities Regulatory Commission held the 2022 system working meeting. Yi Huiman, Secretary of the Party committee and chairman of the CSRC, delivered a work report entitled “upholding stability, deepening reform, tackling tough problems and striving to build a modern capital market with Chinese characteristics”.
The total amount exceeded 110 trillion yuan. In the opening year, China’s economy was full of resilience
China’s GDP has reached 114.4 trillion yuan, breaking through 110 trillion yuan… China’s economic annual report released on January 17 shows that in 2021, China’s main expected goals will be fully realized, its economic growth will take the lead in the world, demonstrating its strong resilience and great potential. Looking forward to 2022, a series of new measures will speed up the implementation around putting steady growth in a prominent position. It is reported that in terms of expanding effective investment, policies such as moderately advanced infrastructure investment are being made, and a series of policies and measures conducive to manufacturing investment, enterprise R & D investment, technological transformation investment and so on will be introduced. The industry said that the trend of China’s sustained economic recovery and development has not changed, new economic growth points will continue to emerge, and the economy is still expected to achieve steady progress throughout the year.