Yesterday, Saturday afternoon's A** scene, it was like a climactic movie, with a twisty and jaw-dropping plot.
On this calm afternoon, the sudden three major news shook the entire market and sparked extensive discussions and heated discussions. Want to know what news is so shocking?Let's explore it together.
Let's talk about the share of the renminbi in international payments. Did you know that in November 2023, this number turned out to be 36% jumped to 46%, surpassing the Japanese yen to become the world's fourth largest payment currency!
This is not only a great achievement since China launched cross-border RMB settlement in 2009, but also a powerful challenge to the hegemony of the US dollar.
As many countries around the world begin to gradually shift to RMB settlement, our cross-border** and RMB settlement systems have ushered in new development opportunities.
Then, the latest news from the Ministry of Industry and Information Technology shows that China's industrial added value is expected to increase by 4% year-on-year in 2023More than 3%, the added value of the manufacturing industry as a proportion of GDP remained stable.
Although our performance seems to be unsatisfactory, the vigorous development of the real economy is a fact that cannot be ignored.
Finally, a review of the Shanghai Composite Index attracted a lot of attention. By comparing the historical data of the Shanghai Composite Index and the Dow Jones Index, we find that although the performance of A-shares seems to be good on the surface, after in-depth analysis, some questions worth pondering are revealed.
The three exciting news make people think: what kind of impact will these developments and changes have on our economy, and even everyone's lives?
We have to mention the important position of the renminbi in international payments. Have you ever thought that the renminbi, which was once unknown in the world, can now occupy such an important position in the global payment system?
Behind this, it is not only a change in numbers, but also a direct reflection of China's economic strength and international influence.
Since 2009, after 14 years of hard work, we have finally seen fruitful results. But at the same time, we are also well aware that compared with the euro, the international status of the renminbi still has a lot of room for improvement.
Our settlement volume is large, which not only supports the development of the domestic economy, but also lays a solid foundation for breaking the dominance of the US dollar in the world.
Next, let's talk about the growth of industrial value-added. This growth expectation in 2023 is the latest evidence of the steady development of China's manufacturing industry.
Although the performance of A-shares is not satisfactory, we cannot ignore the strong momentum of the real economy behind it.
The steady growth of the manufacturing industry not only maintains our leading position in the world, but also provides solid support for the domestic market.
As for the huge scale of A** value and the world's leading number of IPOs, we should think deeply about the real meaning behind it - the close connection between the real economy and the capital market.
Finally, let's take a look at that compelling Shanghai Composite Index commentary. Comparing the data from the Shanghai Composite Index and the Dow Jones Indices, we find a striking fact: while on the surface the Shanghai Composite Index appears to outperform the Dow, in reality, the comparison between the two is not entirely fair.
We need to consider not only the numerical differences, but also the historical, economic and technological developments behind them. Such a comparison makes us reflect on the fact that the rise and fall of ** does not fully reflect a country's economic strength and development potential.
Each of these three pieces of news is like a bombshell, which has triggered people's in-depth thinking about China's economic development, international status and performance.
In this era of rapid development, how do we understand these complex economic phenomena and how to keep a clear head in the waves, which is undoubtedly a question that everyone who pays attention to the economy needs to think about.
After analyzing these three major news, it is not difficult for us to find that they are not just independent events, but an important link in the overall situation of China's economic development.
From the renminbi's elevated international status, to the steady growth of industrial value-added, to the in-depth analysis of the Shanghai Composite Index, every link shows us the resilience and potential of China's economy.
Behind these changes is the crystallization of countless efforts and sweat. They symbolize our country's rising position in the global economy and bode well for broader development prospects.
At the same time, these news also remind us that in the face of complex and volatile financial markets, we need to keep a clear head and deeply understand the nature of the economy and the market.
In this era full of uncertainties, we should learn to examine problems from a macro perspective and understand the deep-seated operating mechanism of the economy.
In this way, we can find a stable footprint in the volatile market and grasp the opportunities that belong to us.
These messages are not just a simple demonstration of an economic phenomenon, but a profound revelation about our understanding and participation in this rapidly changing world. Let us take these insights and understandings with us to meet the challenges and opportunities of the future.