central bank digital currency and monetary policy- Top Block

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)Chuanrun helps Goldwind Technology roll off the production line of a new generation of deep-sea 22MW offshore wind turbines. According to Sichuan Chuanrun Co., Ltd., recently, Goldwind Technology successfully rolled off the production line of a new generation of deep-sea 22MW offshore wind turbines in Shantou manufacturing base, setting a new record for Guangdong's largest single-unit capacity offshore wind turbines. As a key technical partner, Chuanrun provided a complete set of cooling system and lubrication system for the unit, which demonstrated the company's technical strength and innovation ability in the field of wind power.The Ministry of Water Resources started the emergency water quantity dispatching of the Pearl River during the dry season from 2024 to 2025. It was learned from the Ministry of Water Resources that the first emergency water quantity dispatching of the Pearl River during the dry season from 2024 to 2025 was started at 8: 00 on December 12. According to the Ministry of Water Resources, through the implementation of this emergency water regulation, the runoff of the lower reaches of Xijiang River and Beijiang River will continue to increase, which can effectively suppress the salty tide in the Pearl River estuary and increase the water storage capacity of local reservoirs in Zhuhai and other places. The Ministry of Water Resources will guide the Pearl River Water Conservancy Commission and the water conservancy departments of the relevant provinces (autonomous regions) to closely monitor the rain, water and salt conditions in the Pearl River Basin, forecast the scope and extent of the upstream influence of salt tide, issue early warning in time, implement unified dispatching of river basin water projects, and make every effort to ensure the water supply safety of important cities in Guangdong-Hong Kong-Macao Greater Bay Area.

The liquor sector moved up, Tianyoude Liquor rose daily, Gujing Distillery rose by more than 4%, and Huangtai Liquor, Shunxin Agriculture, Laobaigan Liquor and Yilite followed suit.Market news: South Korea's ruling party has elected a new party leader, and the new leader said that a presidential election may be held soon.The negative spread of 10-year national debt between China and the United States has expanded to nearly 250BP, which is the largest in more than 22 years.

The National Green Development Fund and other companies have established ecological restoration production and investment partnerships. According to the enterprise survey APP, recently, Jiangxi Green Gold Ecological Restoration Industry Investment Partnership (Limited Partnership) was established with a capital contribution of 1 billion yuan, and its business scope includes: engaging in equity investment, investment management, asset management and other activities with private equity funds. Enterprise investigation shows that the company is jointly owned by National Green Development Fund Co., Ltd. and Jiangxi Jinkong Investment Group Co., Ltd.New Oriental acquired Taimei International Travel Service. Tianyancha App shows that recently, Taimei (Beijing) International Travel Service Co., Ltd. has undergone industrial and commercial changes, and Tianjin Vision Contemporary Technology Co., Ltd., the original wholly-owned shareholder, has withdrawn, and Beijing New Oriental Wokaide International Education Travel Co., Ltd. has been added as a shareholder and wholly owned. At the same time, the legal representative and several key personnel have changed. Taimei (Beijing) International Travel Service Co., Ltd. was established in May 2016. Its legal representative is Longhua with a registered capital of RMB 5 million. Its business scope covers domestic tourism business, inbound tourism business, outbound tourism business, exhibition activities, conference services, ticketing agents and air ticket sales agents.PETER LAMELAS was nominated by Trump as the US ambassador to Argentina.