The personal pension system has been implemented nationwide since 15th, and national debt and index funds have been included in the product range. Recently, the Ministry of Human Resources and Social Security, the Ministry of Finance, State Taxation Administration of The People's Republic of China, the General Administration of Financial Supervision and the China Securities Regulatory Commission issued the Notice on the Full Implementation of the Personal Pension System. The Notice makes it clear that from December 15th, 2024, all workers who participate in the basic old-age insurance for urban workers or urban and rural residents in China can participate in the personal pension system. The scope of implementation of preferential tax policies has been expanded from 36 leading cities (regions) to the whole country. The Circular stipulates that on the basis of existing wealth management products, savings deposits, commercial old-age insurance and Public Offering of Fund products, national debt, specific old-age savings and index funds will be included in the scope of personal pension products. Financial institutions should do a good job in publicizing the asset allocation of personal pension products, carry out investment consulting services according to laws and regulations, and explore the default investment services. Strengthen the protection of financial consumers and investors, and guarantee the participants' right to know and choose independently. The "Notice" pointed out that the scope of commercial banks offering personal pension services should be carefully determined, and commercial banks should be encouraged to sell all types of personal pension products. Commercial banks should improve online and offline service channels, provide more personalized services for participants to change their bank accounts and receive personal pensions, and provide convenience for wealth management companies, insurance companies and other institutions to carry out personal pension business. The "Notice" clarifies that on the basis of receiving the basic pension age, completely losing the ability to work, going abroad to settle down, etc., participants who suffer from major diseases, receive unemployment insurance benefits to meet certain conditions, or are receiving the minimum living guarantee can apply for receiving personal pensions in advance, and the specific measures will be formulated separately. Participants can apply through social insurance agencies at all levels, the national unified online service portal and commercial banks, and after verification, the commercial banks will issue personal pensions to their social security card bank accounts. The "Notice" requires relevant departments to strengthen supervision according to the division of responsibilities, strengthen information sharing, and promote the standardized operation of the system. At the same time, fully mobilize the enthusiasm of financial institutions and business entities to jointly promote the healthy development of the individual pension system. (CCTV News)Ma Huateng: Contributing to the economic recovery, Ma Huateng said in People's Daily that Tencent, as a digital technology enterprise, actively responded to the deployment of the country to expand domestic demand and actively explored the development of digital consumption. By optimizing consumer tools such as WeChat payment, the company tries to create and serve effective demand and promote economic cycle by testing the e-commerce business such as live delivery of water video numbers. At the same time, Tencent relies on the WeChat ecosystem to enhance the absorption and friendliness of employment and entrepreneurship. Last year, it provided employment income opportunities for more than 50 million people. In the future, Tencent will also increase investment, devote itself to technological innovation and industrial upgrading, and jointly contribute to the stable and healthy development of China's economy with the vast number of private enterprises. (People's Network)The 10th anniversary of the middle route of South-to-North Water Transfer Project, today (12th) is the 10th anniversary of the middle route of South-to-North Water Transfer Project. Up to now, the project has transferred more than 10.6 billion cubic meters of water to Beijing. In the past decade, Beijing has greatly reduced the amount of groundwater exploitation and shut down more than 1,300 self-prepared wells. The groundwater level in the plain area of Beijing has risen for nine consecutive years. The groundwater depth has risen from 25.75 meters in 2015 to 12.61 meters today, and the groundwater reserves have increased by 7 billion cubic meters compared with 2015. There are 81 springs in Beijing that have re-flooded. Since 2019, the five major rivers in Beijing, Yongding River, Chaobai River, North Canal, Juma River and Chanhe River, have all been "flowing rivers" after a lapse of 26 years, and have been flowing into the sea for four consecutive years. (CCTV News)
Ping An Securities: The gold price center is expected to increase in 2025. Ping An Securities released the 2025 annual strategy report of nonferrous metals and new materials industry, saying that nonferrous metals have entered a stage of high fluctuation in 2024, and the main pricing lines and core variables have changed to varying degrees. 2025 is still a year in which the core contradictions of various varieties continue to ferment, and the monetary attributes of precious metals represented by gold are expected to continue to be prominent. It is expected that the gold price center will still improve throughout the year, and it is recommended to pay attention to Shandong gold and Zhongjin gold; The long-term resource bottleneck of industrial metal copper has bottomed out, and the demand elasticity driven by internal and external policies is expected to be gradually released. It is suggested to pay attention to Zijin Mining and Luoyang Molybdenum Industry; The supply and demand pattern of electrolytic aluminum continues to improve, and the demand side maintains a high growth rate under the shrinking supply elasticity, and the long-term center of aluminum price is expected to further rise. It is recommended to pay attention to Tianshan Aluminum, China Aluminum, Shenhuo and Yunnan Aluminum. Tin resources are in short supply or accelerated transmission, and the gap between supply and demand is further enlarged. It is suggested to pay attention to tin industry shares; At the bottom of the energy metal industry, it is confirmed that enterprises with lower valuation level may enjoy greater flexibility under the marginal improvement of fundamentals. It is recommended to pay attention to enterprises with significant integration advantages, and it is recommended to pay attention to China Mining Resources, Tianqi Lithium Industry and Huayou Cobalt Industry.Evergrande Group and others were resumed execution by 320 million yuan. According to the information of legal proceedings, on December 11th, Evergrande Group Co., Ltd. added two pieces of resumption execution information, with a total execution amount of more than 322 million yuan, involving construction project contract disputes. The executors also included Hefei Yuetai Commercial Operation Management Co., Ltd. and Evergrande Real Estate Group Co., Ltd., and the enforcement court was the Baohe District People's Court in Hefei.The personal pension system has been implemented nationwide since 15th, and national debt and index funds have been included in the product range. Recently, the Ministry of Human Resources and Social Security, the Ministry of Finance, State Taxation Administration of The People's Republic of China, the General Administration of Financial Supervision and the China Securities Regulatory Commission issued the Notice on the Full Implementation of the Personal Pension System. The Notice makes it clear that from December 15th, 2024, all workers who participate in the basic old-age insurance for urban workers or urban and rural residents in China can participate in the personal pension system. The scope of implementation of preferential tax policies has been expanded from 36 leading cities (regions) to the whole country. The Circular stipulates that on the basis of existing wealth management products, savings deposits, commercial old-age insurance and Public Offering of Fund products, national debt, specific old-age savings and index funds will be included in the scope of personal pension products. Financial institutions should do a good job in publicizing the asset allocation of personal pension products, carry out investment consulting services according to laws and regulations, and explore the default investment services. Strengthen the protection of financial consumers and investors, and guarantee the participants' right to know and choose independently. The "Notice" pointed out that the scope of commercial banks offering personal pension services should be carefully determined, and commercial banks should be encouraged to sell all types of personal pension products. Commercial banks should improve online and offline service channels, provide more personalized services for participants to change their bank accounts and receive personal pensions, and provide convenience for wealth management companies, insurance companies and other institutions to carry out personal pension business. The "Notice" clarifies that on the basis of receiving the basic pension age, completely losing the ability to work, going abroad to settle down, etc., participants who suffer from major diseases, receive unemployment insurance benefits to meet certain conditions, or are receiving the minimum living guarantee can apply for receiving personal pensions in advance, and the specific measures will be formulated separately. Participants can apply through social insurance agencies at all levels, the national unified online service portal and commercial banks, and after verification, the commercial banks will issue personal pensions to their social security card bank accounts. The "Notice" requires relevant departments to strengthen supervision according to the division of responsibilities, strengthen information sharing, and promote the standardized operation of the system. At the same time, fully mobilize the enthusiasm of financial institutions and business entities to jointly promote the healthy development of the individual pension system. (CCTV News)
Treasury futures rose by 0.30%, the 30-year main contract rose by 0.30%, and the 30-year main contract rose by 0.30%, a record high. The 10-year main contract rose by 0.12%, the 5-year main contract rose by 0.05% and the 2-year main contract rose by 0.02%.Wuhan Linkong Airport Capital Real Estate Co., Ltd. has set up a house demolition service business. The enterprise search APP shows that recently, Wuhan Linkong Airport Capital Real Estate Co., Ltd. was established with Zhou Cen as its legal representative and a registered capital of 500 million yuan. Its business scope includes: real estate development and operation; Construction project construction; Real estate consulting; Property management; Non-residential real estate lease; Housing lease; Hotel management; Land remediation services; Housing demolition services, etc. Enterprise investigation shows that the company is indirectly wholly-owned by Wuhan Linkong Airport State-owned Capital Holding Group Co., Ltd.The personal pension system has been implemented nationwide since 15th, and national debt and index funds have been included in the product range. Recently, the Ministry of Human Resources and Social Security, the Ministry of Finance, State Taxation Administration of The People's Republic of China, the General Administration of Financial Supervision and the China Securities Regulatory Commission issued the Notice on the Full Implementation of the Personal Pension System. The Notice makes it clear that from December 15th, 2024, all workers who participate in the basic old-age insurance for urban workers or urban and rural residents in China can participate in the personal pension system. The scope of implementation of preferential tax policies has been expanded from 36 leading cities (regions) to the whole country. The Circular stipulates that on the basis of existing wealth management products, savings deposits, commercial old-age insurance and Public Offering of Fund products, national debt, specific old-age savings and index funds will be included in the scope of personal pension products. Financial institutions should do a good job in publicizing the asset allocation of personal pension products, carry out investment consulting services according to laws and regulations, and explore the default investment services. Strengthen the protection of financial consumers and investors, and guarantee the participants' right to know and choose independently. The "Notice" pointed out that the scope of commercial banks offering personal pension services should be carefully determined, and commercial banks should be encouraged to sell all types of personal pension products. Commercial banks should improve online and offline service channels, provide more personalized services for participants to change their bank accounts and receive personal pensions, and provide convenience for wealth management companies, insurance companies and other institutions to carry out personal pension business. The "Notice" clarifies that on the basis of receiving the basic pension age, completely losing the ability to work, going abroad to settle down, etc., participants who suffer from major diseases, receive unemployment insurance benefits to meet certain conditions, or are receiving the minimum living guarantee can apply for receiving personal pensions in advance, and the specific measures will be formulated separately. Participants can apply through social insurance agencies at all levels, the national unified online service portal and commercial banks, and after verification, the commercial banks will issue personal pensions to their social security card bank accounts. The "Notice" requires relevant departments to strengthen supervision according to the division of responsibilities, strengthen information sharing, and promote the standardized operation of the system. At the same time, fully mobilize the enthusiasm of financial institutions and business entities to jointly promote the healthy development of the individual pension system. (CCTV News)
Strategy guide
12-13
Strategy guide 12-13
Strategy guide
12-13
Strategy guide 12-13
Strategy guide 12-13
Strategy guide 12-13