[Focus on].
Relevant responsible comrades of the Ministry of Finance answered reporters' questions on Moody's downgrading the outlook for China's sovereign credit rating.
Domestic refined oil prices ushered in "five consecutive declines".
The number of college graduates in 2024 is expected to reach 11.79 million.
The annual business volume of China's express delivery exceeded 120 billion pieces for the first time.
[Domestic news].
In an interview with reporters on issues related to the downgrade of China's sovereign credit rating outlook by Moody's Ratings, the Ministry of Finance said that since the beginning of this year, in the face of the complex and severe international situation, the momentum of global economic recovery has been unstable. In the context of weakening momentum, China's macro economy has continued to recover and high-quality development has been steadily promoted, especially since the third quarter, positive changes have further increased, endogenous momentum has been continuously enhanced, and new drivers of economic growth have continued to play a positive role. The International Monetary Organization expects China to contribute more than 30% to global economic growth this year.
The National Development and Reform Commission announced on December 5 that according to the recent changes in oil prices in the international market, in accordance with the current formation mechanism of refined oil products, from 24 o'clock on December 5, 2023, domestic gasoline and diesel will be reduced by 55 yuan and 50 yuan per ton respectively. So far, domestic refined oil prices have ushered in "five consecutive declines".
The reporter learned on the 5th from the 2024 National Conference on Employment and Entrepreneurship of Ordinary College Graduates held by the Ministry of Education and the Ministry of Human Resources and Social Security that the scale of college graduates in 2024 is expected to reach 11.79 million, an increase of 210,000 year-on-year.
The State Post Bureau announced on the 5th that as of December 4, China's annual express business volume exceeded 120 billion pieces for the first time.
On December 5, the Office of the Inter-Ministerial Joint Conference on the Coordination and Supervision of New Transportation Formats interviewed Lalala, and reminded Full Truck Group, Didi Freight, Kuaigou Taxi, etc. The interview pointed out the outstanding problems in the operation and management of Lala, and asked all platform companies to draw inferences from one another, reflect deeply, investigate in depth, and resolutely prevent similar problems from occurring.
The Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Commerce, and the State Administration of Market Supervision issued the "Implementation Plan for Improving the Quality and Upgrading of the Textile Industry (2023-2025)", which mentioned that the main goal is that by 2025, the construction of a modern textile industry system has made substantial progress, the operating income of textile enterprises above designated size has increased steadily, the quality and efficiency of development have maintained a good level, and the international dominant position of the textile industry has been further consolidated and improved.
The Office of the National Committee for Disaster Prevention, Mitigation and Relief and the Ministry of Emergency Management released the national natural disaster risk situation in winter and December. It pointed out that a moderate-intensity El Niño event has formed and is expected to last until next spring, and El Niño may lead to higher global temperatures, more and more extreme weather, and an increased risk of disaster compounding.
According to the Ministry of Industry and Information Technology, on December 5, the 2023 Global 6G Development Conference opened in Chongqing. Zhang Yunming, Vice Minister of the Ministry of Industry and Information Technology, said that it is necessary to accelerate the development of 5G integrated applications, consolidate the foundation of 6G applications, promote exchanges and cooperation between information and communication enterprises and enterprises in vertical industries, and work together to build a prosperous 6G application ecosystem. In response to the social concern about the "2G, 3G withdrawal" problem, he said that 2G, 3G withdrawal is an inevitable choice for the upgrading of mobile communication networks, but at the same time, it is also necessary to improve user protection measures, and under the premise of fully protecting the rights and interests of users, the withdrawal of the network can be implemented.
The General Office of the People's Government of Shenzhen Municipality issued a notice on printing and distributing several measures to reduce the cost of manufacturing enterprises in Shenzhen. Among them, it is proposed to encourage manufacturing enterprises to issue bonds for financing. From the date of implementation of this policy, manufacturing enterprises above designated size that have successfully issued bonds at home and abroad.
On December 5, CCXI announced that it would maintain China's sovereign credit rating of AA+G with a stable outlook.
From the settlement on December 6, 2023 (Wednesday), the margin standard for speculative transactions of lithium carbonate**LC2401 contracts will be adjusted to 12%, and the margin standard for hedging transactions will remain unchanged at 9%.
The reporter learned from the Ministry of Emergency Management on the 5th that many parties discussed and judged that there was a risk of low temperature rain and snow disasters in East China and Central China in DecemberSouth China, Southwest China and other parts of the forest fire danger level is high;The situation of the northern rivers being closed and closed will be further developedThere were slightly more catastrophic wave processes than normal;Geological disasters may occur in East China, Central South China, Southwest China and other places.
[International News].
The bitter labor dispute between Tesla and Sweden's union has escalated further after a union in Sweden's neighboring Denmark said it would take compassionate action to prevent Tesla from entering Sweden, with Denmark's largest union, 3F, saying today that its dockers and drivers will no longer transport Tesla cars to Sweden. The Swedish trade union ifmetall has been embroiled in an increasingly bitter dispute with Tesla over Tesla's refusal to sign a collective agreement.
Vale expects to produce 31.5 billion tonnes and an estimated iron ore production of 31-3.2Mt and an estimated 2026 iron ore production of 3400 million to 3600 million tons.
Brazil's GDP grew 2% year-on-year in the third quarter0% and an expected growth of 18%；Brazil's GDP grew by 0.QoQ in the third quarter1% and an expected decrease of 03%。
JPMorgan's U.S. Treasury client survey was the same as the previous week, with the long ratio remaining high at 37%, the highest since Nov. 13. Among active clients, the proportion of longs fell by 11 percentage points from their all-time highs and shifted to neutral.
The US 30-year Treasury yield fell to 4372%, the lowest level since September 15.
[List of domestic and foreign markets].
[Announcement of Listed Companies].
Economic Data and Dynamics (Beijing Time).
Editor: Guo Zhouyang.
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