Wang Zhonglin, Governor of Hubei Province had a discussion with He Xiaopeng, Chairman of Xpeng Motors. On the morning of December 9, Wang Zhonglin, Deputy Secretary of Hubei Provincial Party Committee and Governor, had a discussion with He Xiaopeng, Chairman and CEO of Xpeng Motors. Wang Zhonglin expressed the hope that Xpeng Motors will continue to deepen its cooperation with Hubei, further increase its investment layout in Hubei, expand cooperation space in new energy and intelligent networked vehicles, low-altitude economy, humanoid robots and other fields, promote more new technologies and new products to land in Hubei, and help Hubei forge ahead in promoting scientific and technological innovation and industrial innovation, and accelerate the cultivation and expansion of new quality productivity. He Xiaopeng said that Xpeng Motors will continue to regard Hubei as the key area of business layout, further increase its investment in Hubei, actively promote the transformation and upgrading of Hubei's automobile industry and the development and growth of emerging industries, and make new and greater contributions to accelerating the establishment of Hubei as an important strategic fulcrum for the rise of central China.Xiaomi Auto Elite Driving Activity started. According to Xiaomi News, Xiaomi Auto Elite Driving Activity is now open for registration, and the registration fee is 9999 yuan. Participants will receive a 9999 yuan deposit gift certificate for Xiaomi SU7 Ultra, enjoy a professional track and drift experience, and get a professional certificate after the event.China's annual export rate in November was 6.7% in US dollars, with an expected 8.7% and a previous value of 12.70%. China's annual import rate in November was -3.9% in US dollars, with an expected 0.9% and a previous value of -2.30%.
China's trade account in November was 97.44 billion yuan in US dollars, with an expected 93.5 billion yuan and a previous value of 95.72 billion yuan.General Administration of Customs: In the first 11 months, automobile exports were 762.97 billion yuan, up by 16.9%. According to the data of General Administration of Customs, in the first 11 months, China exported 13.7 trillion yuan of mechanical and electrical products, up by 8.4%, accounting for 59.5% of China's total export value. Among them, automatic data processing equipment and its parts and components were 1.33 trillion yuan, an increase of 11.4%; 1.03 trillion yuan of integrated circuits, up by 20.3%; Mobile phones reached 874.45 billion yuan, down by 0.9%; Automobile was 762.97 billion yuan, up by 16.9%. In the same period, the export of labor products was 3.84 trillion yuan, an increase of 3.2%, accounting for 16.7%. Among them, clothing and clothing accessories were 1.03 trillion yuan, an increase of 0.9%; Textiles were 915.96 billion yuan, up 6%; Plastic products reached 681.09 billion yuan, up 6.9%. The export of agricultural products was 657.34 billion yuan, up by 4.6%. (General Administration of Customs)South Korea's ruling party is talking about letting Yin Xiyue resign in February or March next year, or will soon disclose the road map. According to several media reports on December 10, the ruling National Power Party of South Korea will announce the road map of South Korea's President Yin Xiyue's "orderly withdrawal", which may announce the time and manner of Yin Xiyue's early resignation, including the different possibilities of "resignation in February and general election in April" or "resignation in March and general election in May". Lee Yang-soo, a member of the ruling party in charge of political stability, said that compared with impeachment, the timetables of the above two schemes have advanced faster, and Yin Xiyue's resignation and holding presidential elections will reduce uncertainty and minimize public opinion differences; "Yin Xiyue should step down in a safer and more dignified way than impeachment", and the party needs to make a decision on Yin Xiyue's "orderly withdrawal" this week. Earlier, Li Zaiming, leader of South Korea's largest opposition party, stressed that Yin Xiyue must be successfully impeached on December 14th. (Interface News)
Low-altitude economic concept stocks strengthened locally, with Guangyang shares and Rice Information up more than 6%, and Tianao Electronics, Wan Feng Aowei and Jindun shares up more than 5%.Liang Zhonghua of Haitong Securities: The general direction of "positive" macro policy in 2025 has been determined, and the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on December 9 to analyze and study the economic work in 2025. Liang Zhonghua, chief macro analyst of Haitong Securities, said that judging from the statement of the meeting, the general direction of "positive" macro policy in 2025 is certain. Among them, "supernormal countercyclical adjustment" was put forward for the first time. Liang Zhonghua analyzed that "supernormal adjustment" may be different from QE (quantitative easing) in western countries, but refers to a traditional tool that has grown steadily in the past few years, making a breakthrough on the margin and playing the role of "keeping innovation" and "enriching and perfecting the policy toolbox". Judging from the policies that have been issued since September, this round of steady growth is a steady growth under the framework of "high quality". The high-quality framework will not change, and there will be no strong stimulation of flood irrigation. The meeting proposed to "implement a more active fiscal policy and a moderately loose monetary policy". Liang Zhonghua believes that next year's finance is expected to make further marginal efforts. It is expected that deficit ratio may improve. At present, 3.5%-4.0% is more likely, and the scale of special bonds may be marginally increased. Special government bonds supporting "duality" and "two innovations" will continue to be issued or increased. In addition, the debt-melting policy launched in November will also be the financial focus next year, and it is expected that special government bonds may be issued to supplement bank capital. In addition, the gradual interest rate cut will continue next year, and the structural monetary policy will continue to exert its strength. The meeting stressed that "it is necessary to vigorously boost consumption, improve investment efficiency, and expand domestic demand in all directions." In this regard, Liang Zhonghua believes that compared with Politburo meeting of the Chinese Communist Party's statement of "expanding domestic demand with the focus on boosting consumption" in July, this meeting pays more attention to expanding domestic demand, and its support is expected to be further increased in the future. Since the beginning of this year, with the extra-long special national debt funds in place, the consumption of consumer goods trade-in policy has gradually emerged. There is still room for further efforts to expand domestic demand policies such as replacing old consumer goods with new ones next year. Liang Zhonghua also mentioned that this meeting clearly put forward "stabilizing the property market and stock market", which shows that the policy pays high attention to the property market and stock market. As an important signal to pay attention to the economy and expectations, the policies of the property market and stock market are also positive.The yield of 10-year treasury bonds fell by 5 basis points.
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
12-13
Strategy guide
12-13