cash to digital Top

CF40 Research: Three Channels to Expand Domestic Demand. An article published by Guan Wei of China Financial Forty Forum (CF40) pointed out that the expansion of total demand, whether it is to expand consumption or investment demand, should be implemented on credit growth. When credit goes up, residents, enterprises and governments have more money in their pockets, so do expenditures and incomes, as well as profits and investments. At present, there are three main ways to expand credit: first, fiscal policy is exerted and the government borrows money; Second, the monetary policy will exert its strength and reduce the policy interest rate; The third is to stabilize the real estate market, and there can be no further sharp decline. In terms of finance, maintain the intensity of fiscal expenditure in a broad sense, and moderately increase the fiscal deficit to 4% in 2025. In terms of monetary policy, we should take reducing the real interest rate as an important goal, continue to implement "strong interest rate reduction", and timely reduce the interest rate of structural monetary policy tools below the policy interest rate level. In terms of the property market, it will ease the current cash flow pressure faced by real estate enterprises and promote the real estate to stop falling and stabilize from both ends of supply and demand.Sarah Friar, CFO of OpenAI: Corporate customers will pay (at least) thousands of dollars for using artificial intelligence (AI) tools. In the end, it will be reasonable.China Automotive Power Battery Industry Innovation Alliance: In November, the sales volume of power batteries in China increased by 29.7% year-on-year. According to the monthly information of power batteries in November 2024 released by China Automotive Power Battery Industry Innovation Alliance, the sales volume of power batteries and other batteries in China was 118.3GWh in November, up by 7.2% month-on-month and 40.1% year-on-year. Among them, the sales volume of power batteries was 87.8GWh, accounting for 74.2% of the total sales volume, up 10.9% from the previous month and 29.7% from the same period last year. The sales volume of other batteries was 30.5GWh, accounting for 25.8% of the total sales volume, down 2.2% from the previous month and up 82.3% year-on-year. From January to November, the cumulative sales volume of power and other batteries in China was 914.3GWh, a cumulative year-on-year increase of 42.8%. Among them, the cumulative sales of power batteries was 692.3GWh, accounting for 75.7% of the total sales, with a cumulative year-on-year increase of 27.1%; The cumulative sales volume of other batteries was 222.0GWh, accounting for 24.3% of the total sales volume, with a cumulative year-on-year increase of 132.5%.

Kazakhstan said that Russia's Druzhba oil pipeline was not damaged by Ukraine's overnight strike.Wells Fargo: Reduce the target price of Dow Chemical from $60 to $55, and maintain the "overweight" rating.Zhongzhou Special Materials: Shareholders have transferred and reduced their shares by more than 1%. Zhongzhou Special Materials announced that shareholders holding more than 5% have transferred their shares internally and reduced their shares by more than 1%. After the shareholder completed the internal transfer among the concerted parties, its shareholding ratio changed accordingly. At the same time, the shareholder reduced his shares through the secondary market, and the reduction ratio exceeded 1%. This share change is mainly for the adjustment of shareholding within the company's shareholders, and will not have a significant impact on the company's governance structure and daily operations.

South Korea's unemployment rate in November was 2.7%, expected to be 2.7%, and the previous value was 2.70%.Meituan Enterprise Edition released the SIMPLE model: to meet the demands of enterprise consumption compliance, cost reduction and efficiency improvement, and experience improvement. Meituan Enterprise Edition held the second enterprise consumption management conference of "SIMPLE Activating Enterprise Endogenous Force" in Shanghai. At the meeting, Renmin University Business School, Meituan Enterprise Edition, Meituan Research Institute and Ipsos jointly released the SIMPLE model, focusing on serving enterprise consumption management and digital transformation. At present, the scale of consumption expenditure of enterprises in China has reached trillion level, and "integration of supply chain, scene management and control, and service performance" will become the key to competition in the future. (Sina Technology)The detailed rules for the examination of egg products production license clearly require the transportation temperature of liquid eggs and frozen egg products, and the General Administration of Market Supervision publicly solicited opinions on the detailed rules for the examination of egg products production license (draft for comments). The deadline for feedback is January 11, 2025. The "Draft for Comment" clarifies that egg product manufacturers should formulate salmonella monitoring plans and implement effective monitoring in combination with production technology and product characteristics; Self-inspection enterprises should have inspection rooms and inspection capabilities suitable for the inspected items, and verify the inspection capabilities of the inspected items at least once a year. The use of rapid detection methods and equipment should be compared or verified with the inspection methods specified by national standards on a regular basis to ensure the accuracy of the test results. At the same time, the transportation temperature of liquid egg products should be controlled at 0-4℃, and the transportation temperature of frozen egg products should be controlled below -13℃.