Qin Xinghua, Anneng Logistics: Under the general tone of "Striving for Progress in Stability", the logistics industry is welcoming new opportunities for development. The Central Economic Work Conference was held in Beijing from December 11 to 12. The conference analyzed the current economic situation and deployed economic work in 2025. Qin Xinghua, founder, CEO and president of Anneng Logistics, said that this meeting has made various plans for economic work next year, and a comprehensive and systematic layout is of great significance to the overall improvement and sustainable development of the economy. The meeting put forward key measures such as "solidly promoting high-quality development", "expanding domestic demand in all directions" and establishing the implementation of "more active fiscal policy" and "moderately loose monetary policy", and finalized the general tone of "striving for progress while maintaining stability" for economic development in 2025. It is foreseeable that the economic and social development situation will be stable and good next year, and the high-quality development trend will become more prominent. "As an important link in the economic development chain, the logistics industry will usher in new development opportunities under this economic background." Qin Xinghua was encouraged by the development of the enterprise.Exclusive Baidu Geely Joint Voice: The transfer process has been completed, and the social security for employees of Jiyue was paid in November. On the afternoon of December 13th, Sina Technology learned exclusively that Baidu and Geely Automobile, the two major shareholders of Jiyue Automobile, have reached a consensus today and jointly stated that as shareholders, they will actively assist the management of Jiyue to properly handle related matters: the social security payment for employees and the compensation for employees who leave their posts will be solved as soon as possible; Maintain the normal use, after-sales and maintenance of users' vehicles; Promote the reasonable and legal settlement of other matters. According to reports, Geely and Baidu have completed the transfer process on the evening of the 12th, and paid social security for the employees in November. It is reported that Jidu Automobile Co., Ltd. is a new start-up company established by Geely Holding and Baidu Holding, and it is an innovative product to explore the intelligent transformation of automobiles. Jiyue automobile products are manufactured by Geely factory and authorized to operate exclusively by Jidu. Due to the great changes in the industry competition pattern, the established business plan cannot be implemented and the operation has encountered challenges. (Sina Technology)Institutions: The prospect of sanctions has caused supply concerns, and oil prices are bound to record an increase in Zhou Du and an increase in Zhou Du. The prospect of more severe sanctions on Russian and Iranian countries has caused market concerns about supply disruption. US Treasury Secretary Yellen said that the United States is looking for ways to curb Russia's income, and Trump's national security candidate vowed to put the greatest pressure on Iran. These two factors boosted the benchmark oil price by 3% to 4% this week. In addition, political turmoil in the Middle East and other factors have also provided support for oil prices. However, the International Energy Agency (IEA) said yesterday that the global market will still face oversupply next year.
The financial technology companies supported by Wal-Mart are valued at $2.5 billion. The traditional banking industry is under threat. Wal-Mart is injecting more funds into its newly-started financial start-ups, obtaining a valuation of $2.5 billion for this company, and indicating its ambition to further set foot in the financial services industry. According to informed sources, the world's largest retailer is jointly leading the financing of more than 300 million US dollars with investment company Ribbit Capital. This marks a new valuation for the company named One, in which Wal-Mart holds a majority stake. Wal-Mart has been providing products to many customers and employees in order to gain a greater foothold in the field of financial services. For the financial industry, the threat of Wal-Mart and other companies encroaching on its territory is getting closer and closer. Just last year, JPMorgan Chase CEO Jamie Dimon mentioned the competitive threat of Wal-Mart and other enterprises, pointing out that its hundreds of millions of customers and huge resources at its disposal were "extraordinary competitive advantages".China Securities Association: Let the margin financing and securities lending business truly become a powerful tool to serve the people's wealth growth and promote the healthy development of the capital market. On December 6, 2024, China Securities Association held a plenary meeting of the professional committee on margin financing and securities lending business in Chongqing. The meeting emphasized that industry organizations should give full play to the functional role of margin financing and securities lending business, strictly implement relevant regulatory requirements, optimize business processes, improve institutional systems, provide quality services to customers, always bear in mind the people-oriented principle, and put the protection of investors' legitimate rights and interests at the core, so that margin financing and securities lending business can truly become a powerful tool to serve the wealth growth of the people and promote the healthy development of the capital market. The meeting summarized the key work of the Committee in 2024 and discussed the work plan for the next stage. In the next step, the Committee will further play a professional and "handle affairs, discuss and communicate" platform role to jointly promote the high-quality development of margin trading and securities lending business.Gao Ruidong, chief economist of Everbright Securities: The capital market is working harder to serve the new quality productivity. The Central Economic Work Conference was held in Beijing from December 11th to 12th. Gao Ruidong, chief economist and director of the research institute of Everbright Securities, said in an interview that the Central Economic Work Conference set the general tone of macro-control in 2025 and in the future, emphasizing that fiscal and monetary policies are more powerful, real estate policies are further strengthened, and capital markets are more energetic in serving new quality productivity. "The capital market will be more powerful in serving new quality productivity." Gao Ruidong said that on the one hand, improve the multi-level financial service system, expand patient capital, attract social capital to participate in venture capital, and cultivate innovative enterprises in a gradient; On the other hand, deepen the comprehensive reform of investment and financing in the capital market, explore and expand the macro-prudential and financial stability functions of the central bank, innovate financial instruments, stabilize the financial market, and better serve the development of new quality productive forces. (SSE)
Four departments: Strengthen the application and promotion of artificial intelligence in small and medium-sized enterprises and build a number of vertical industry models suitable for small and medium-sized enterprises. The Ministry of Industry and Information Technology, the Ministry of Finance, the People's Bank of China and the General Administration of Financial Supervision issued the Special Action Plan for Digital Empowerment of Small and Medium-sized Enterprises (2025-2027) to strengthen the application and promotion of artificial intelligence in small and medium-sized enterprises. Give play to the platform role of on-site exchange activities in pilot cities of digital transformation of small and medium-sized enterprises, publicize and promote typical application scenarios and solutions of artificial intelligence to empower small and medium-sized enterprises, and accelerate the replication and promotion of artificial intelligence applications in small and medium-sized enterprises. Encourage all localities to refer to the typical application cases and application maps of artificial intelligence in small and medium-sized enterprises, and promote the popularization of artificial intelligence technology in key business scenarios of small and medium-sized enterprises such as R&D design, manufacturing, quality inspection, operation and maintenance, and management. Strengthen the application foundation of artificial intelligence in small and medium-sized enterprises. Support open source communities such as the Open Atomic Open Source Foundation to take the lead in establishing an artificial intelligence open source community, set up special artificial intelligence open source projects focusing on the characteristic needs of small and medium-sized enterprises, and provide training frameworks, development examples, testing tools and open source codes that can be replicated and easily promoted. Guide small and medium-sized enterprises to actively participate in open source projects and lower the threshold for the deployment and development of artificial intelligence. Encourage leading enterprises, trading institutions, platform enterprises, data service enterprises and other business entities to build public data sets and industry data sets, and provide high-quality data for small and medium-sized enterprises for artificial intelligence model training. Build a number of vertical industry models suitable for small and medium-sized enterprises, and strengthen the supply of large model technology products for small and medium-sized enterprises.Indian market regulator: issue a draft notice to solicit opinions from retail investors on algorithmic trading. Algorithm trading should be provided by securities brokers and approved by the stock exchange.Yiling Pharmaceutical Co., Ltd.: The application for clinical trial of Lianhua Yuping Granule was approved, and Yiling Pharmaceutical announced that Beijing Yiling, a wholly-owned subsidiary, received the Notice of Approval for Clinical Trial of Drugs approved and issued by National Medical Products Administration on December 12, 2024, and agreed to carry out clinical trial of Lianhua Yuping Granule for qi deficiency syndrome of common cold.