1.According to Xinhua News Agency, the draft of the Private Economy Promotion Law was submitted for review by the Standing Committee of the National People's Congress on December 21. It mainly includes eight aspects, including general requirements, fair competition, investment and financing environment, scientific and technological innovation, standardization and guidance, etc. It will elevate important measures to promote the development of private economy into legal norms.
2. The Ministry of Agriculture and Rural Affairs said that pig farming will turn profitable in 2024, with an expected annual head profit of around 200 yuan per pig. The national rate of scaled pig farming is expected to exceed 70%, up about 2 percentage points from the previous year.
3、Recently, the housing provident fund management centers of Shenzhen, Meizhou, Huizhou, Shanwei, and Dongguan have officially signed the "Cooperation Agreement on Promoting Integrated Development of Housing Provident Fund". The agreement aims to provide equal services for housing provident fund transactions across different cities, recognize and mutually support each other's housing provident fund loans, and conduct information cross-checks.
4. According to the Shanghai Securities News, this year, small and medium-sized banks have accelerated their efforts to reduce their scale and improve their quality. So far, 171 banks have been absorbed, merged, or dissolved, surpassing the total of the past two years. How the "reborn" banks will reform their mechanisms to enhance their competitiveness remains a long way to go.
5.According to Zhongjing.com, the ZC500 index, launched since its inception, has shown a strong growth momentum in terms of scale. By December 20th, the scale of the 46 ZC500 funds had reached 32.3628 billion yuan, setting a new high. If we include various share classes, the number of fund products based on this index has reached 94.
6.According to Xinhua News Agency, on December 21, the revised draft of the Fisheries Law was submitted for review at the 13th meeting of the 13th Standing Committee of the National People's Congress, which made modifications to the current Fisheries Law in order to promote and regulate aquaculture, strictly manage fishing, and strengthen fishery resource enhancement and protection.
7. CUI Dongshu, a researcher at the China Passenger Car Association, said that the total number of public charging piles reached 3.46 million in November, and the year-on-year growth rate decreased 31%. The number of private charging piles installed in vehicles was 8.89 million, up 91% from the previous month. The annual cumulative increase in public charging piles in 2024 will be 73.4 thousand, and the year-on-year growth rate decreased 11%.
8. According to Caixin News, at present, many white-feather chicken farms in Shandong, Henan, Jiangsu and other places have been infected with duck plague, leading to a decline in survival rate and weight loss of white-feather chickens, which has had a certain impact on the supply of white-feather chickens. However, due to stricter control measures, related listed companies have not yet been affected by the duck plague.
9.According to China Securities Journal, at present, the application of new display technologies such as OLED is accelerating. In 2023, the global revenue of China's entire new display industry accounted for half of the world's total, and the shipment area of display panels reached 70% of the global total. It is expected that the market size of China's new display industry will reach 69 billion yuan in 2024.
10.CCTV News reports that the US Senate passed an emergency funding bill to prevent a government "shutdown" on December 20th. The new bill will continue to provide funding for the US government until March next year, thus avoiding the partial shutdown of federal government agencies at midnight on December 21st, Eastern Standard Time.
