1. The People's Bank of China issued a notice that, in view of the continuous oversupply of government bond market in the near future, it decided to suspend the purchase of treasury bond in the open market from January 2025, and will subsequently resume depending on the supply and demand of treasury bond market.
2.The Ministry of Finance stated that it will continue to strengthen investment guarantees in stabilizing employment and ensuring people's livelihoods. We shall ensure that the policy of stabilizing employment and promoting employment does not regress. We will focus on supporting the development of key areas, including the cultural and tourism industry, other modern service industries, and foreign trade. Better promote the employment of small and micro enterprises.
3.According to data from the Copernicus Climate Change Service, 2024 has become the hottest year on record since 1850, with multiple key climate indicators breaking records.
4.According to Securities Daily, multiple banks have released their asset allocation strategies for 2025. In a low interest rate environment, "fixed income+" products have become a key focus for bank wealth management subsidiaries. Convertible bond assets, as assets that enhance performance, are highly regarded by multiple parties, and the prospects of the A-share market are highly anticipated.
5. The Ministry of Finance and three other departments have issued a notice on further expanding the scope of government procurement to support green building materials and promote the improvement of building quality policies. Starting from January 1, 2025, a policy of government procurement to support green building materials and promote the improvement of building quality will be implemented in 101 cities (districts) including Chaoyang District in Beijing.
6. The State Administration for Market Regulation will focus on regulating market competition order by promoting fair and transparent platform rules, reducing the cost burden on merchants within the platform, and other aspects. Rectify the phenomenon of using platform rules to disrupt fair competition and infringe upon the legitimate rights and interests of merchants and consumers within the platform, and crack down on false marketing and other behaviors in the field of live streaming e-commerce.
7. The Ministry of Natural Resources stated that China has discovered a super large uranium deposit in the Jingchuan area of the Ordos Basin, which will significantly increase China's uranium resources and effectively enhance the security of China's uranium resources. This is also the world's first discovery of a super large uranium deposit in a wind blown sandstone distribution area.
8.According to the Counterpoint report, the year-on-year shipment volume of foldable smartphone displays showed a decline for the first time in the third quarter of 2024, and it is expected that the shipment volume will continue to decline in 2025. China is the world's largest and most important foldable smartphone market, expected to account for over 50% of global foldable smartphone shipments by 2024.
9.TSMC released revenue data, with sales of NT $278.16 billion in December 2024, a year-on-year increase of 57.8% and a month on month increase of 0.8%; The cumulative sales revenue from January to December was NT $2.89 trillion, a year-on-year increase of 33.9%.
10.Tesla China launches a refreshed version of Model Y with a starting price of 263500 yuan. The long-range all wheel drive version starts at 303500 yuan. This model is the Model Y with the longest range in history, with a maximum range of 719 kilometers.
10.特斯拉中国推出焕新版Model Y，起售价为26.35万元。长续航全轮驱动版30.35万元起售。该款车型为史上续航最长的Model Y，续航最高719公里。
