China’s capital market ushers in great development

The development of the capital market has received unprecedented attention. The thirteenth collective study of the Political Bureau of the CPC Central Committee has strengthened this point. "We must build a standardized, transparent, open, dynamic, and resilient capital market, improve the basic system of the capital market, and improve the market entrance and market export, and strengthen the supervision of the whole process of the transaction." Political Bureau of the CPC Central Committee 2 On the afternoon of the 22nd, the 13th collective study was held to improve financial services and prevent financial risks. General Secretary Xi Jinping put forward higher requirements for the capital market when he was studying. This is the latest requirement of the decision-making layer for the capital market. This collective study clearly requires that we should provide accurate financial services around the construction of a modern economic industrial system, market system, regional development system, and…

People’s Daily: China and the United States agree not to impose new tariffs

On December 1, there is no doubt that history will remember this day. On this day, in Buenos Aires, Argentina, the heads of state of China and the United States held a historic dinner meeting. According to Wang Yi, State Councilor and Minister of Foreign Affairs, the meeting was friendly and frank, and lasted for two and a half hours, far exceeding the scheduled time. The two sides reached a consensus and stopped adding new tariffs. The White House press spokesperson later commented that the dinner was a "very successful meeting." The most critical one is the following two paragraphs in the Xinhua News Agency: The two sides decided to stop the trade restrictions such as upgrading tariffs, including not raising the existing tariff rate for each other, and not introducing new tariff-adding measures for other commodities. The two heads of state instructed the economic and trade teams of the…

The fifth social security rate adjustment came. The overall social security rate dropped by nearly 10%.

The State Council executive meeting held on November 2 announced the latest policy on the social security rate reduction rate: the existing policy that was originally implemented until next year - the total ratio of employer and employee unemployment insurance contributions decreased from 3% to 1%, Continue to implement after the expiration of the end of April next year. This is the fifth time since 2015 that the State Council has announced the policy of social security reduction rate for the third time in a row. In April this year, the deputy director of the Ministry of Human Resources and Social Security, Yu Wei, revealed that the first four reduction rates have accumulated a total of 315 billion yuan for enterprises. In August this year, the State Administration of Taxation, the Ministry of Finance, and the Ministry of Human Resources and Social Security jointly held a meeting to clarify that…

The door to China’s opening is getting bigger and bigger! Xi Jinping talks about opening to the outside world

The door to China's opening is getting bigger and bigger! Xi Jinping's Top Ten Golden Sentences Talk to the Outside World On November 5th, the first China International Import Expo will open in Shanghai. More than 3,000 companies in more than 130 countries and regions, and more than 150,000 buyers at home and abroad will go to this trade feast. "This is not a general exhibition, but a major policy announcement and action that we actively open up the market." China has shown to the world through practical actions: China's open door will not be closed, it will only grow bigger and bigger! Today, the People’s Daily client combs Xi Jinping’s ten golden sentences for openness and learns together! 1. In today's world, the trend of openness and integration is rolling forward. The history of the development of human society tells us that openness brings progress and closure is bound…

Xi Jinping should make an ordinary call with Trang

On the 1st, President Xi Jinping should have an ordinary telephone call with US President Trang. Trump said that I value the good relations with President Xi Jinping and would like to extend good wishes to the Chinese people through President Xi Jinping. It is very important that the heads of state of the two countries communicate directly. We must keep in constant contact. I look forward to the resumption of the meeting with the President of the Sovereign Group during the summit of the G20 leaders in Argentina. We can conduct in-depth discussions on some major issues. I hope that both sides will work together to fully prepare for our meeting. The US side attaches importance to US-China economic and trade cooperation and is willing to continue to expand exports to China. It is necessary for the economic teams of the two countries to strengthen communication and consultation. I…

“Double 11” ten years inciting a new pattern Whose carnival, who’s rivers and lakes

■ This year is the tenth year of “Double 11”. From the transaction volume of 52 million yuan in 2009 to the transaction volume of 168.2 billion yuan in 2017, the explosive growth of sales is behind the outbreak of the commercial potential of the entire Chinese society. ■ In the face of the upcoming “Double 11”, the giants are gearing up. For merchants and buyers, the benefits of “Double 11” are real. In the face of this carnival shopping festival, how the veteran giants are seeking new changes. What are the new flavors of this year’s “Double 11” feast, we have conducted some explorations. ■ From the “Double 11” gameplay of e-commerce giants this year, this festival is no longer a simple price-cutting promotion. It has become a platform-wide battle for major companies, testing the comprehensive capabilities of a company to build a business ecosystem. ■ With the volume…

The property market in the fourth quarter may continue to deepen consolidation.

In 2018, the real estate market regulation and control policies were overweighted. The central government continued to adhere to the general tone of “staying and not speculating” and expanding the “four limits” at the local level. In the third quarter, the urban market has further diversified, and the phenomenon of land flow has also increased. The intention of companies to push back the funds and prudently invest has become more apparent. According to industry analysts, the probability of deep consolidation in the real estate market in the fourth quarter has further increased. Residential sales market continues to fatigue In the first three quarters of this year, the real estate market in key cities was generally sluggish, and the “Golden September and Silver 10” overall was eclipsed. Recently, the data released by the Yiju Real Estate Research Institute showed that in September 2018, the volume of newly built commercial housing in…

The renminbi “friend circle” is steadily expanding. Shorting the renminbi will definitely fail.

The RMB exchange rate has once again become the focus of the market. The central bank showed the attitude of stabilizing the RMB exchange rate with two practical actions. First, it signed a huge amount of Sino-Japanese bilateral currency swap agreement with the Bank of Japan. Second, the Vice President of the Central Bank and the Director of the State Administration of Foreign Exchange Pan Gongsheng solemnly warned against the short-selling of the RMB. As of 16:30 on October 29, the closing price of the RMB against the US dollar was reported at 6.9560 yuan, a rebound from the previous trading day. On the same day, the central parity of the RMB against the US dollar was 6.9377 yuan, up 133 basis points. In the second quarter of this year's monetary policy report, the central bank disclosed that as of the end of June, under the bilateral local currency swap…

“Real estate purchases are completely canceled” is not true

People's Network News "Real estate purchases are completely canceled" is not true People's Daily Online Beijing, October 26 (Reporter Qiao Xuefeng, Wu Zhenguo) The reporter noted that in the past two days, there have been multiple registration entities for real estate marketing companies and cultural media companies to publish their own media accounts. "Pound News" said: The State Council has stipulated that all property purchases must be released within half a year. In addition, the analysis of the "real estate market to unlock the limit has been on the string" analysis is also quite eye-catching. The reporter was informed that the news from the Internet was not true. This type of news was quickly spread as soon as it came out, and it immediately attracted a lot of attention inside and outside the industry. For example, a public article with the title of the event has read more than 100,000,…