[Focus]
State Council Office: support the integrated operation of foreign trade within the market entities and encourage qualified logistics enterprises to “go global”. Development and Reform Commission and other departments: improve the regulatory rule system in the financial field and strengthen the tax supervision of platform enterprises. Central enterprises will realize a net profit of 1.8 trillion yuan in 2021. SASAC: the output of central coal enterprises will exceed 1 billion tons for the first time in 2021. Ministry of industry and information technology: the preparation of strong safety standards for lithium batteries for energy storage was officially launched. UK CPI in December increased by 5.4% year-on-year, the fastest growth rate in 30 years.
[highlights of China]
· the general office of the State Council issued opinions on promoting the integrated development of domestic and foreign trade, and proposed to support the integrated operation of domestic and foreign trade by market players; Encourage qualified large-scale commercial and logistics enterprises to “go global” and improve the global service network; Support the development of large multinational supply chain service enterprises and enhance the toughness of industrial chain supply chain; We will carry out domestic and foreign trade integration pilot projects in some regions, explore the establishment of an evaluation system for domestic and foreign trade integration, and create a number of domestic and foreign trade integration development platforms.
· the national development and Reform Commission, the State Administration of market supervision and other departments issued several opinions on promoting the healthy and sustainable development of platform economy, revised the anti-monopoly law and improved the supporting rules of data security law and personal information protection law; Formulate and promulgate regulations prohibiting unfair competition on the Internet; Refine the platform enterprise data processing rules; Formulate and issue price behavior rules in the field of platform economy to promote the orderly and healthy development of the industry; We will improve the system of regulatory rules in the financial sector, adhere to the inclusion of all financial activities in financial regulation, and financial businesses must be licensed.
· according to the data released by the state owned assets supervision and Administration Commission of the State Council on the 19th, in 2021, central enterprises achieved an annual operating revenue of 36.3 trillion yuan, a total profit of 2.4 trillion yuan and a net profit of 1.8 trillion yuan, with a year-on-year increase of 19.5%, 30.3% and 29.8% respectively, and the average growth rate in the two years was 8.2%, 14.5% and 15.3% respectively. In that year, the operating revenue profit margin of central enterprises was 6.8%, an increase of 0.6 percentage points year-on-year. The annual R & D investment was 904.59 billion yuan, a year-on-year increase of 16.1%.
Peng Huagang, Secretary General of SASAC and spokesman, said that the coal output of central enterprises exceeded 1 billion tons for the first time in 2021; Central enterprises will accelerate the release of high-quality coal production capacity and actively guide market prices to return to a reasonable range; We will steadily promote the restructuring and integration of iron and steel and other fields, and timely study and establish a new central enterprise group in relevant fields.
· according to the Ministry of industry and information technology on the 19th, the launch meeting of the strong standard for lithium battery safety for energy storage was held in Beijing recently, marking the start of the preparation of the strong standard. Next, the electronic information department of the Ministry of industry and information technology will guide relevant technical institutions to speed up the formulation of strong standards and promote the healthy and orderly development of lithium battery industry.
· according to the data of the national energy administration, the total installed capacity of household photovoltaic projects newly included in the scale of national financial subsidies in December 2021 is 5089800 kW. By the end of December 2021, the installed capacity of household photovoltaic projects included in the scale of national financial subsidies in 2021 was 21.5962 million KW.
· according to the preliminary statistics of China Coal Industry Association, in 2021, there were 20 enterprises with raw coal output exceeding 30 million tons, with a total output of 2.656 billion tons, an increase of 78.699 million tons, an increase of 3.1%, accounting for 65.3% of the national raw coal output.
· Shanghai issued several policies on promoting the high-quality development of Shanghai’s integrated circuit industry and software industry in the new era. For major projects of integrated circuit equipment and materials that have made major breakthroughs in independent research and development and achieved actual sales, as well as major projects of EDA, basic software, industrial software and information security software, the support proportion is 30% of the new investment of the project, In principle, the amount of support shall not be higher than 100 million yuan.
· in 2021, the securities trading volume in Shanghai exceeded 283 trillion yuan, a record high, and ranked first in China for four consecutive years. In terms of financing scale, direct financing maintained a good momentum. Shanghai added 50 listed companies in 2021, with a total of 390 Listed Companies, ranking fifth in China. Throughout the year, the capital market provided financing of 642.7 billion yuan for various enterprises in Shanghai, a year-on-year increase of 6%. There were 22 new listed companies on the science and innovation board in Shanghai, and the IPO raised 41.8 billion yuan, which strongly supported the development of science and innovation enterprises in Shanghai.
[International highlights]
· the UK CPI in December increased by 5.4% year-on-year (the expected value was 5.2%, compared with the previous value of 5.1%), the highest growth rate since 1992, which exacerbated the pressure on the Bank of England to raise interest rates again.
· German 10-year bond yields turned positive for the first time since 2019.
· the Bank of Japan said that in recent years, the role of the weak yen in promoting exports has been declining, but on the whole, the weak yen has brought benefits to the Japanese economy.
· geopolitical tensions and the interruption of Turkey’s oil pipeline exacerbated concerns about tight supply in the oil market. International oil prices continued to reach a new high of more than seven years on the 19th, of which Brent crude oil futures once stood at US $89 / barrel.
· Tonga government issued a disaster report for the first time, saying that the submarine volcanic eruption triggered a tsunami up to 15 meters, causing “unprecedented disaster” to the South The Pacific Securities Co.Ltd(601099) island country.
– stock
· the three major A-share indexes opened slightly lower on Wednesday (January 19). At the beginning of the session, the Shanghai index rose slightly and then moved sideways. The gem index weakened rapidly and fell by more than 1%. In the afternoon, the three major indexes fell collectively, and the gem index fell by 2%. In the afternoon, the three indexes weakened collectively and rebounded slightly in the late afternoon. As of the close, the Shanghai index fell 0.33% to 3558.18 points, the Shenzhen composite index fell 1.28% to 14207.19 points, and the gem index fell 2.17% to 3075.98 points.
– Bonds
· China’s bond market: Treasury bond futures were all red on Wednesday (January 19). Data show that as of the close, the 10-year main contract rose 0.22%, the 5-year main contract rose 0.14% and the 2-year main contract rose 0.05%.
· three convertible bonds will be listed in the next two days of this week, of which Huaxiang convertible bonds (113637) will be listed on Thursday; Taiwan 21 convertible bonds (113638) and Patty convertible bonds (123133) will be listed on Friday. In addition, urban convertible bonds (123136) were purchased online on Friday with the purchase code of “370778”.
– currency
· the central bank launched a 7-day reverse repurchase operation of 100 billion yuan on the 19th; In view of the maturity of RMB 10 billion reverse repurchase on that day, the open market realized a net investment of RMB 90 billion.
· Shibor rose 11.40bp to 2.0350% overnight; Shibor rose 3.90bp to 2.1270% in 7 days; Shibor rose 19.60bp to 2.4050% in 14 days.
– foreign exchange
· on January 19, the onshore RMB closed at 6.3522 against the US dollar at 16:30, down 9 points from the previous trading day; The central parity rate of RMB against the US dollar was 6.3624, down 103 points.
– commodities
· China’s commodity futures market was stronger on Wednesday (January 19), with active varieties rising more and falling less. As of the afternoon closing, thermal coal, iron ore and asphalt closed up 6.63%, 4.26% and 4.04% respectively, ranking among the top three market gains on the same day. In addition, five varieties, including methanol, urea and thread, closed up more than 3%. On the same day, only 9 varieties closed down, of which Shanghai lead, pig and stainless steel (SS) ranked the top three, with declines of 0.77%, 0.68% and 0.62% respectively.
[economic data and dynamics (Beijing time)]
· time to be determined US Treasury Secretary Yellen’s speech
· 21:30 construction permit and new house construction in the United States in December, CPI in Canada in December
· 22:15 a number of Bank of England officials gave testimony on financial stability
· at 05:30 the next day, the American Petroleum Institute (API) released the weekly crude oil inventory report of the industry edition
