Morgan Stanley published a research report that China's monetary policy changed from "prudent" to "moderately loose" to support market sentiment in 2025, and the real policy may focus on interest rate reform in 2025. Morgan Stanley said that the increased attention to reactivating the capital market should also help support market sentiment and keep the trading volume high in the short term. The bank also suggested that optimizing existing loans, more rational bank loan growth and interest rate reform may be the real focus in 2025. The bank believes that risk-based loan pricing may continue to recover, which will help to buffer the bank's net interest margin, even if some additional loan market quotations are lowered.The scale of computing power in Hubei has exceeded 10,000 P. According to Hubei Provincial Bureau of Data, the scale of computing power in Hubei has exceeded 10,000 P, which is expected to drive the scale of computing power and big data industry in Hubei Province to reach 120 billion yuan. Internet access, map navigation, gene sequencing, climate prediction, high-end manufacturing ... Computing power is everywhere. P is the quantitative unit of computing power, and 10,000 P computing power is equivalent to the computing power of 5 million high-performance computers.The Chinese side said that all factions in Syria should put the interests of the people first. On the 9th local time, the Security Council held closed-door consultations on the situation in Syria at the request of Russia. Fu Cong, Permanent Representative of China to the United Nations, said: We are paying close attention to this situation and hope that it will stabilize as soon as possible. We also hope to start an inclusive political process as soon as possible. At the same time, all factions and parties in Syria should put the interests of the people first.
Huang Wentao, China CITIC Construction Investment Co., Ltd.: Policy strength and tools are expected to achieve new breakthroughs. the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on December 9 to analyze and study the economic work in 2025. Huang Wentao, chief economist of CITIC Jiantou, said in the latest interpretation that the meeting first mentioned "strengthening unconventional countercyclical adjustment", and the policy framework is expected to get rid of the mindset and achieve new breakthroughs in strength and tools. Huang Wentao mentioned that the "unconventional" policy will be mainly reflected in the breakthrough of the original conventional policy model, including: First, the breakthrough of monetary policy from "steady" to "moderately loose", and the transformation from the traditional model to the modern central bank system in the transmission system. Second, it is expected that the fiscal deficit constraint of 3% will be greatly exceeded, and the mode of financial development may also be optimized in the past, with more inclination to the residential sector. Third, in stabilizing the capital market, more powerful and effective measures are introduced to prevent excessive market volatility. "The stocks and debts are expected to continue." Huang Wentao pointed out that the unconventional countercyclical adjustment policy not only provides sufficient impetus for the recovery of economic vitality, but also provides strong support for improving expectations and reviving confidence, and provides sufficient source of living water for the capital market. The stock market is expected to continue to strengthen and the risk-free rate of return is expected to continue to decline.Bishuiyuan and others set up a new environmental protection technology company in Taiyuan. The enterprise search APP shows that Taiyuan Bishuiyuan Environmental Protection Technology Co., Ltd. was established recently, with the legal representative of Liu Yanwei and the registered capital of 275 million yuan. Its business scope includes: urban greening management; Water pollution prevention and control services; Sales of new membrane materials; Public utilities management services, etc. Enterprise equity penetration shows that the company is jointly held by Bishuiyuan and others.The diet pills sector strengthened locally, with Changshan Pharmaceutical rising by over 13%, followed by Hanyu Pharmaceutical, Shengnuo Bio, Hongyuan Pharmaceutical and Borui Pharmaceutical.
The yield of 10-year treasury bonds fell by 5 basis points. General Administration of Customs: In the first 11 months, ASEAN was my largest trading partner. In the first 11 months, ASEAN was my largest trading partner. The total trade value between China and ASEAN was 6.29 trillion yuan, up 8.6%, accounting for 15.8% of China's total foreign trade. Among them, the export to ASEAN was 3.74 trillion yuan, up by 12.7%; Imports from ASEAN reached 2.55 trillion yuan, an increase of 3%. The EU is my second largest trading partner, and my total trade with the EU is 5.09 trillion yuan, up by 1.3%, accounting for 12.8%. Among them, exports to the EU reached 3.34 trillion yuan, up by 3.8%; Imports from the EU reached 1.75 trillion yuan, down 3.3%. The United States is my third largest trading partner, and my total trade with the United States is 4.44 trillion yuan, an increase of 4.2%, accounting for 11.2%. Among them, exports to the United States were 3.38 trillion yuan, an increase of 5.1%; Imports from the United States reached 1.06 trillion yuan, an increase of 1.4%.
Strategy guide
12-13
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
Strategy guide