1. Data from the General Administration of Customs reveals that during the first ten months, the import and export volume through the New Western Land-Sea Corridor reached 1.15 trillion yuan nationwide, posting an 8.8% year-on-year growth and outpacing the overall growth rate by 3.6 percentage points. Over the same period, the total value of agricultural products exported by provinces (autonomous regions and municipalities) along the New Western Land-Sea Corridor was 26.88 billion yuan, registering a 12.3% year-on-year increase.
2. Guangzhou, Guangdong Province has issued the "Notice on the 'Housing Mall' for Housing Voucher Resettlement". To fully broaden the options for those whose properties have been expropriated and demolished and meet more flexible, diverse and individualized housing needs for resettlement, the housing sources that can be purchased with the housing vouchers issued in this city cover all marketable new commercial residential properties within Guangzhou.
3. Bolstered by numerous favorable policies, the recovery trend of the real estate market in Chongqing has become more pronounced. In October, the online signed transaction volume of new commercial residential properties in the entire city increased by 37.8% month-on-month, and the total transaction volume of new commercial residential properties and second-hand houses rose by 14.1% month-on-month. Among them, the transaction volume of commercial residential properties in the central urban area reached 722,000 square meters, marking a 61.7% increase month-on-month.
4. According to Private Placement Ranking Network, as of November 1st, the average position of domestic hundred-billion-level equity private equity funds stood at 79.08%, experiencing a substantial increase compared to the previous week. This not only sets a record for the largest single-week increase in position this year but also reaches a new high for the year.
5. As stated by the Securities Times, by the end of October, the combined scale of existing products of 11 major bank wealth management companies totaled approximately 19.4 trillion yuan, rising by approximately 430 billion yuan month-on-month. However, it still remained 210 billion yuan lower than the level at the end of August. In a year-on-year comparison, the scale growth of these 11 major bank wealth management companies was significantly weaker than that of the same period last year.
6. The Shenzhen Municipal Transportation Bureau has released the "Work Measures for Promoting High-Quality Development of the Modern Logistics Industry (2024 - 2026)". It aims to form a low-altitude economic industrial cluster, achieving a breakthrough of over 420 take-off and landing points for logistics transportation by 2025. It also supports low-altitude economic enterprises to pilot the development of the "air-ground combined" logistics transportation model and create a demonstration application of "low-altitude airplane + rail".
7. As reported by Shanghai Securities News, since October, several papermaking enterprises have implemented one or multiple rounds of price increases. Recently, multiple bases of certain enterprises have announced plans for price hikes, igniting a new round of price surges in the papermaking industry. The further decline in pulp prices may be rather limited. Coupled with the gradual entry of downstream demand into the traditional peak season, the profits of paper enterprises are expected to recover in the fourth quarter.
8. According to Xinhua News Agency, at the opening ceremony of the 15th China International Aviation and Aerospace Exhibition, the AEF1200 engine made its debut. This engine is the first large-bypass-ratio twin-rotor turbofan engine independently developed by China, filling a void in the field of aviation power in China and set to provide power for large aircraft in our country.
9. Robin LI claimed that as of the beginning of November, the daily invocation volume of Baidu's Wenxin large model exceeded 1.5 billion, a 7.5-fold increase compared to the 200 million disclosed in May and approximately a 30-fold increase compared to the 50 million disclosed a year ago.
10. The Minister of Economy, Trade and Industry of Japan indicated that the 10 trillion yen support plan for the semiconductor and artificial intelligence (AI) industries in Japan announced by Ishiba on Monday is a supplement to the existing framework already in place. The details of the plan are currently under study and will be announced once a decision is made.
