General Administration of Customs: In the first 11 months, ASEAN was my largest trading partner. In the first 11 months, ASEAN was my largest trading partner. The total trade value between China and ASEAN was 6.29 trillion yuan, up 8.6%, accounting for 15.8% of China's total foreign trade. Among them, the export to ASEAN was 3.74 trillion yuan, up by 12.7%; Imports from ASEAN reached 2.55 trillion yuan, an increase of 3%. The EU is my second largest trading partner, and my total trade with the EU is 5.09 trillion yuan, up by 1.3%, accounting for 12.8%. Among them, exports to the EU reached 3.34 trillion yuan, up by 3.8%; Imports from the EU reached 1.75 trillion yuan, down 3.3%. The United States is my third largest trading partner, and my total trade with the United States is 4.44 trillion yuan, an increase of 4.2%, accounting for 11.2%. Among them, exports to the United States were 3.38 trillion yuan, an increase of 5.1%; Imports from the United States reached 1.06 trillion yuan, an increase of 1.4%.Morgan Stanley published a research report that China's monetary policy changed from "prudent" to "moderately loose" to support market sentiment in 2025, and the real policy may focus on interest rate reform in 2025. Morgan Stanley said that the increased attention to reactivating the capital market should also help support market sentiment and keep the trading volume high in the short term. The bank also suggested that optimizing existing loans, more rational bank loan growth and interest rate reform may be the real focus in 2025. The bank believes that risk-based loan pricing may continue to recover, which will help to buffer the bank's net interest margin, even if some additional loan market quotations are lowered.Shenghong cooperated with many partners to build the first off-grid electric vehicle charging station in South Africa. Recently, Shenghong shares joined hands with MagicPower Shanghai Maizike Technology Co., Ltd., Zero Carbon Charge and Greencore Energy Solutions to jointly launch the first off-grid electric vehicle charging station in South Africa. The charging station is equipped with a 480kW split machine, including a host and three charging terminals, with a total of six charging guns, four of which are liquid-cooled and users can enjoy a cruising range of 400 kilometers only by charging for 10 minutes.
Zhang Jianchun, former vice minister of the Central Propaganda Department, was expelled from the Party and public office for serious violation of discipline and law, and Zhang Jianchun, former vice minister of the Central Propaganda Department, was expelled from the Party and public office for serious violation of discipline and law. (CCTV News) Liu Xu, head of the expert group of the third national survey of agricultural germplasm resources: The germplasm resources improvement plan has been started. On December 10th, 2024, the Ministry of Agriculture and Rural Affairs held a press conference on introducing the national survey of agricultural germplasm resources. Liu Xu, an academician of China Academy of Engineering and the leader of the expert group of the third national survey of crop germplasm resources, said at the meeting that most of the resources currently preserved are traditional local varieties and wild related species, on the one hand, they are rich in excellent traits and genetic resources, but most of them are heterogeneous groups, with more genetic burdens, and the good traits are prominent, and the bad ones are also in them, so it is difficult to directly use them in breeding, and it needs to be improved and transformed. Because of the long period, high investment and slow effect of resource improvement, breeders are generally reluctant to engage in the improvement and creation of basic materials, which is one of the important factors that lead to the narrow genetic basis of breeding and restrict the improvement of current breeding innovation ability. This year, we have started to implement the germplasm improvement plan. As the first step, we will start with the most urgent improvement and innovation of maize germplasm resources, try first and try hard to solve the dilemma of insufficient germplasm resources. We want to create a number of excellent varieties that are "available, easy to use and want to use" and provide germplasm support for accelerating the cultivation of breakthrough new varieties. In the next step, we will summarize and implement it while gradually extending it to important crops such as soybeans and rapeseed.
Market News: The South Korean Parliament approved the government budget of 673.3 trillion won in 2025 (the government proposal is 677.4 trillion won).Morgan Stanley published a research report that China's monetary policy changed from "prudent" to "moderately loose" to support market sentiment in 2025, and the real policy may focus on interest rate reform in 2025. Morgan Stanley said that the increased attention to reactivating the capital market should also help support market sentiment and keep the trading volume high in the short term. The bank also suggested that optimizing existing loans, more rational bank loan growth and interest rate reform may be the real focus in 2025. The bank believes that risk-based loan pricing may continue to recover, which will help to buffer the bank's net interest margin, even if some additional loan market quotations are lowered.The diet pills sector strengthened locally, with Changshan Pharmaceutical rising by over 13%, followed by Hanyu Pharmaceutical, Shengnuo Bio, Hongyuan Pharmaceutical and Borui Pharmaceutical.