How to do economic work next year? Understand the ten important formulations of the Central Economic Work Conference, which was held in Beijing from December 11th to 12th. The meeting analyzed the current economic situation and deployed economic work in 2025. Formulation 1: "Continuously deepen the understanding of the regularity of economic work". Formulation 2: "Maintain steady economic growth". Formulation 3: "More active fiscal policy". Formulation 4: "Moderately loose monetary policy". Formulation 5: "Expand domestic demand in all directions". Formulation 6: "Comprehensively rectify the' involution' competition". Formulation 7: "Deepen the comprehensive reform of investment and financing in the capital market". Formulation 8: "Continue to push the real estate market to stop falling and stabilize". Formulation 9: "Coordinated promotion of policy implementation and expected guidance". Formulation 10: "Stimulate the endogenous motivation of the entrepreneurs". (Xinhua News Agency)The Trump team intends to abolish the automatic driving accident notification. Tesla's share price once rose by more than 3%, hitting an intraday high. The Trump transition team has suggested that the incoming government abolish the current general order requiring automakers to notify accidents related to autonomous driving systems. Cancelling this requirement will benefit Tesla; According to this order, Tesla has notified the National Highway Traffic Safety Administration of more than 1,500 accidents, ranking first. The proposal to abolish this regulation comes from a transition team responsible for formulating a 100-day strategy for automobile policy. The team called the order a forced "excessive" collection of data. After the news was announced, Tesla's share price once rose by 3.23% to $431.6, hitting an intraday high.Russia's GDP in the third quarter increased by 3.1% year-on-year, in line with expectations.
The Russell 2000 index fell by 1% in the day.Italian Minister of Energy: If the conflict with Russia and Ukraine ends, we will not rule out importing natural gas from Russia in the future.German regulators investigate potential abuse of electricity price increases.
Dennis Shen, an economist at Scope Ratings: The reasons for the Fed to cut interest rates further after December are obviously reduced. Inflation is still sticky, the economic and financial markets are overheated, and the slight increase in unemployment rate earlier this year has been reversed. The Trump administration may bring more inflation risks in the short term.Shanghai Nickel closed down over 2%, Shanghai Tin fell over 1%, alumina rose about 1%, international copper closed down 0.51%, Shanghai Copper closed down 0.51%, Shanghai Aluminum closed down 0.22%, Shanghai Zinc closed up 0.25%, Shanghai Lead closed down 0.69%, Shanghai Nickel closed down 2.40% and Shanghai Tin closed down 1.62%. Alumina closed up 1.09% at night. Stainless steel night plate closed down 0.92%.The European Bank for Reconstruction and Development has provided Ukraine with over 5.4 billion euros in financing. The European Bank for Reconstruction and Development issued a statement saying that it will provide Ukraine with 267 million euros in funds for emergency repair of Ukraine's highways leading to the border between Hungary and Slovakia. It is reported that since the conflict between Russia and Ukraine, the European Bank for Reconstruction and Development has provided Ukraine with more than 5.4 billion euros in financing.
Strategy guide
Strategy guide 12-14