1.The China Securities Regulatory Commission (CSRC) stated that it will earnestly implement the central government's deployment and promote comprehensive and institutional-level opening up of markets, institutions, and products. It will further optimize and improve the interconnection and interworking mechanism, expand the scope of targets for the Shanghai-Shenzhen-Hong Kong Stock Connect, and expand overseas listing channels for mainland enterprises. It will support more foreign institutions to invest and expand their businesses in China, and support more qualified mainland institutions to "go global" and carry out cross-border business.
1.证监会表示,将认真落实中央部署,推动市场、机构、产品全方位、制度型开放。进一步优化完善互联互通机制,扩大沪深港通的标的范围,拓展内地企业境外上市渠道。支持更多外资机构来华投资展业,支持更多符合条件的内地机构“走出去”开展跨境业务。
2.According to Economic Information Daily, by mid-November, the competition in the automotive market has become more intense. Statistics from 24 mainstream automakers show that the completion rate of sales targets and market performance are not optimistic. As of the end of October, only five automakers, including Xiaomi, BYD, and Geely, have achieved a target completion rate of over 80%, and are expected to meet their annual sales targets.
2. 经济参考报消息,行至11月中旬,汽车市场竞争更加激烈,对24家主流车企的统计显示,销售目标完成率和市场表现不容乐观。截至10月底,仅有小米、比亚迪、吉利等5家车企目标完成率超过80%,有望完成年度目标销量。
3.Macao's GDP for the first three quarters reached MOP 301 billion, representing an annual real growth of 11.5%. The overall economic scale has recovered to 86.3% of the same period in 2019.
4. Shanghai has abolished the distinction between ordinary and non-ordinary housing. If an individual transfers a property without providing complete and accurate documentation of the original value of the property, and cannot accurately calculate the original value and taxable amount, the individual income tax will be levied based on the provisions, with the taxable amount determined at 1% of the transfer income.
5. WU Qing, Chairman of the China Securities Regulatory Commission, stated that they aim to accelerate the promotion of a new round of comprehensive deepening of capital market reform and opening up, and more pragmatic measures will be introduced; and that the direction of marketization, legalization, and internationalization will be adhered to, creating a better environment for international investors to invest in the Chinese market.
5. 证监会主席吴清表示,加快推动新一轮全面深化资本市场改革开放,将推出更多务实的举措;将始终坚持市场化、法治化、国际化的方向,为国际投资者投资中国市场创造更好的环境。
6. According to a report from the Shanghai Securities Journal, during the uptrend since September 24th, some funds have made swift and successful investments. Judging from their performance this year, nearly 90% of funds have achieved positive returns. Looking at the performance of newly established funds, many have seen their net asset value increase by over 90% just two months after their establishment.
7. According to Xinhua Finance, it is reported that the Central Air Traffic Control Commission will soon carry out eVTOL pilot projects in six cities. The preliminary list includes Hefei, Hangzhou, Shenzhen, Suzhou, Chengdu, and Chongqing. The pilot project documents have relevant plans for flight routes and regions, and the authorization of airspace below 600 meters to some local governments means that the relevant local governments will bear more management responsibilities.
7. 据新华财经报道,据悉,中央空管委即将在六个城市开展eVTOL试点。初步确定为合肥、杭州、深圳、苏州、成都、重庆。试点文件对航线和区域都有相关规划,对600米以下空域授权部分地方政府,意味着相关地方政府要承担更多管理责任。
8.According to China Securities Journal Online, with the advent of winter, the ice and snow economy is gradually heating up. Recently, the reservation volume of "ice and snow tourism" related products on multiple online travel platforms has increased significantly. Developing the ice and snow economy can activate the winter tourism market and play an important role in promoting economic transformation and upgrading.
9.According to CCTV News, since the beginning of this year, China's annual per capita parcel delivery has exceeded 100 parcels, with an average of over 5,400 parcels being delivered every second, and the highest daily volume exceeding 729 million parcels. As of November 17th, the annual parcel delivery volume has exceeded 150 billion parcels for the first time.
10. CATL stated that the second generation of sodium-ion batteries has been developed, capable of discharging normally in a severe cold environment at -40 degrees Celsius. This means that the batteries can be applied on a large scale in extremely cold regions and are expected to be launched on the market in 2025.