1. HAN Wenxiu, the deputy director of the Office for the Central Committee for Financial and Economic Affairs, stated that the implementation of a more proactive and vigorous macroeconomic policy, namely a more proactive fiscal policy and a moderately accommodative monetary policy, represents a significant change in formulation compared to previous years. Behind these new policy expressions lies substantial value. The specific plans will be presented at the sessions of the National People's Congress and the Chinese People's Political Consultative Conference.
2. WANG Xin, the director of the Research Bureau of the People's Bank of China, claimed that moderately enhancing the support provided by both quantitative and structural monetary policies, lowering the reserve requirement ratio and interest rates at appropriate times, increasing the supply of monetary and credit, and intensifying support for key strategic areas, crucial fields, and vulnerable links will render the financing conditions for the real economy more lenient and more effective in meeting the development requirements, thereby facilitating the achievement of an optimal combination of stable growth, stable employment, and reasonable rebound in prices.
3. ZHAO Chenxin, the deputy director of the National Development and Reform Commission, pointed out that in-depth comprehensive reform of investment and financing in the capital market should be carried out to eliminate the obstacles and hindrances for the entry of medium- and long-term funds into the market and enhance the inclusiveness and adaptability of the capital market system. The stability of the real estate and stock markets should be maintained. Continuous efforts should be made to promote the stabilization and recovery of the real estate market, fully releasing the potential of rigid and improved housing demands and rationally controlling the supply of new real estate land.
4. SHENG Qiuping, the vice minister of the Ministry of Commerce, indicated that a vigorous implementation of the special action for boosting consumption will be conducted, with more practical measures introduced to continuously unleash the consumption potential. The scope of the policy for exchanging consumer goods for new ones will be expanded to stabilize the basic consumption. Innovative consumption promotion activities will be held. The service consumption will be expanded. New forms of consumption will be cultivated and strengthened to stimulate consumption vitality. Multiple measures will be adopted to improve consumption conditions and optimize the consumption environment.
5. DONG Jianguo, the deputy minister of the Ministry of Housing and Urban-Rural Development, declared that as of the end of November, 3.24 million housing units had been delivered nationwide as part of the battle to ensure housing delivery. The approved loan amount for white list projects had reached 3.6 trillion yuan. Efforts will be made to accelerate the establishment of a new model for real estate development and construct safe, comfortable, green, and intelligent houses with great efforts. The sales system for commercial housing will be reformed and improved to promote the orderly sale of existing houses.
6.According to Securities Daily, funds have continuously entered the stock market through equity ETFs. As of December 13th, the net subscription shares of equity ETFs reached 36.543 billion units this month. In terms of the specific flow of funds, broad-based ETFs have strongly attracted funds. Multiple CSI 500 ETFs and Shanghai-Shenzhen 300 ETFs have received active subscriptions from investors. Additionally, dividend ETFs have also received net subscriptions from investors.
7. The International Platinum Association indicated that China's platinum jewelry production declined by 12% year-on-year in the third quarter, with the rate of decline intensifying compared to the 7% drop in the second quarter. Among them, the production of plain platinum jewelry, which accounts for over 98% of the total platinum jewelry production, dropped by 9% year-on-year in the third quarter, while the production of platinum-set jewelry continued to decline significantly.
8. ZHAO Deli, the president of Xiaopeng Huitian, projected that the volume production plant for flying cars will be completed in the third quarter of 2025. The flying car is expected to obtain the type certificate from the Civil Aviation Administration of China by the end of October 2025, and it is anticipated that "Xianfeima" users will be able to take to the air in 2026.
9. According to CCTV News: The South Korean National Assembly held a plenary session at 4 p.m. local time on December 14th to vote on the second impeachment case against President Yoon Suk-yeol proposed by the opposition party. According to the voting results, the impeachment case was ultimately passed, and Yoon Suk-yeol's presidential position was immediately suspended.
10.The Ministry of Commerce of the People’s Republic of China released data showing that in the first 11 months of this year, 52,379 new foreign-invested enterprises were established in China, increasing by 8.9% year-on-year, reaching the highest level for the same period in history. The actual utilized foreign capital amounted to 749.7 billion yuan, decreasing by 27.9% year-on-year. The decline narrowed by 1.9 percentage points compared to the period from January to October, marking the third consecutive month of a narrowed decline.
