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2024-12-14 11:56:36

Report: The number of online stores opened by China enterprises in the United States has increased rapidly. According to the report released by SmartScout Insight, among the top 20 cities in terms of Amazon sellers, China city occupies 14 seats, showing the strong strength of China sellers on Amazon platform. The total number of Amazon sellers in China's top 20 cities reached 232,000, compared with 58,000 in the United States. In 2023, the number of sellers in China with sales exceeding $10 million increased by 30% year-on-year, and the number of sellers in China with sales exceeding $1 million also increased significantly.Ministry of Education: Steadily promote the expansion of high-quality undergraduate courses and go all out to do a good job in the employment of college graduates. On December 13th, Huai Jinpeng, Party Secretary and Minister of the Ministry of Education, presided over a party meeting to convey the spirit of the Central Economic Work Conference, and to study, deploy and implement the work. The meeting stressed that it is necessary to strengthen the supporting role of education in science, technology and talents, focus on grasping strategic competition and historical initiative, closely promote educational development, scientific and technological innovation and personnel training, accelerate the construction of "double first-class", dynamically adjust disciplines and majors ahead of schedule, speed up the training of talents urgently needed in national strategy, strengthen the construction of national strategic scientific and technological strength, and strongly support the construction of modern industrial system.A number of A-share companies "lead wars for their children" and state-owned institutions have become important buyers. Recently, subsidiaries of a number of listed companies in the A-share market have increased their capital and shares in the hope of obtaining more financial support. According to the incomplete statistics of the Securities Times reporter, since November alone, more than 10 listed companies have issued relevant announcements on the introduction of strategic investors by subsidiaries, most of which are distributed in power equipment, pharmaceutical biology, basic chemical industry and other industries. It is worth noting that many of the strategic investors introduced by the subsidiaries of the above-mentioned enterprises are state-owned investment institutions. For this wave of "war-inducing" trend, people in the industry interviewed by reporters believe that due to the influence of relevant policies, listed companies have great resistance to spin-off and listing, which is an important reason for their subsidiaries to increase their capital and shares. Most of the targets that state-owned investment institutions choose to buy shares are new businesses or core businesses of hard-tech enterprises, which can not only ensure the safety of state-owned funds, but also obtain high premium returns in future IPO opportunities.


 Moody's: Political division in France is more likely to hinder meaningful fiscal consolidation.Jiang Xiaojuan argued with European experts that your subsidy for electric vehicles is higher than that of China. Jiang Xiaojuan, a professor at the University of Chinese Academy of Social Sciences, said at the annual financial conference in 2025 that his three visits to Europe last year were all about tariff disputes on electric vehicles. "I calculate the figures particularly carefully. In 2009, the subsidies were fully launched. At that time, we didn't have an electric vehicle to export. The subsidies were not for export, but for electric vehicles and fuel vehicles to compete in the domestic market. In 2016, our exports began to increase, but subsidies also declined rapidly. Therefore, it cannot be said that the competitiveness of electric vehicles in China comes from subsidies, "she said. Even Jiang Xiaojuan calculated the European subsidy data, saying, "Buying a Tesla costs 7,000 to 9,000 euros, which is higher than our subsidy". "My reason is particularly good. I said that we are not exporting. We are competing with domestic fuel vehicles. Your subsidies are more. Why do you say me?" Jiang Xiaojuan said, "Those scholars can't help it, because these are solid data. In the end, they said that regardless of the willy-nilly, our domestic industry was hit too hard and politically unacceptable.". (Rui Jian)


The offshore RMB (CNH) was quoted at 7.2811 yuan against the US dollar at 05:59 Beijing time, down 52 points from late new york on Thursday, and traded in the range of 7.2746-7.2925 yuan in the whole day.Minsheng Securities: In 2025, the banking sector grasped three main lines. The Minsheng Securities Research Report pointed out that it is expected that the revenue growth rate of listed banks will remain under pressure and profits will maintain positive growth in 2025. Restricted by factors such as the slowdown of scale expansion, the pressure of narrowing the net interest margin, and the marginal reduction of the contribution of financial investment to revenue, there is still pressure on the year-on-year growth of listed banks' revenue in 2025. However, with the gradual progress of local debt resolution, the real estate package policy has gradually become effective, and the hidden risks of banks in real estate and urban investment assets are expected to be effectively alleviated, and banks can maintain a low level of impairment provision, which supports profit performance. Grasp three main lines: 1) low-valued stock banks: it is recommended to pay attention to China Merchants Bank, Industrial Bank and Shanghai Pudong Development Bank; 2) High-quality rural commercial banks in regional cities: banks benefiting from chemical bonds. It is recommended to pay attention to Chongqing Rural Commercial Bank, Chongqing Bank and regional high-quality banks, and Qilu Bank, Chengdu Bank, Changshu Bank and Hangzhou Bank. 3) High dividend banks: In the process of economic recovery, high dividend strategy has absolute income stability, so it is suggested to pay attention to state-owned big banks, Nanjing Bank and Shanghai Rural Commercial Bank.Shanghai will build a space-time digital twin system. Chen Jining, secretary of the Shanghai Municipal Party Committee, attended the opening day of "Shanghai Quantum City Space-time Innovation Base" in Fuxing Island, Yangpu District yesterday morning to unveil the Shanghai Key Laboratory of Space-time Innovation of Quantum City. According to the construction plan, relevant parties in Shanghai will innovatively integrate and apply all kinds of new digital technologies to build a spatio-temporal digital twin system with virtual reality, online and offline linkage, and all things interconnected. By 2027, the city's spatio-temporal intelligent governance capacity will be comprehensively improved, and thousands of industries will be supported, forming a number of industrial clusters in the spatio-temporal field of artificial intelligence. (Liberation Daily)

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