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China contributes about 30% to the world economic growth, and China is confident to achieve the annual economic growth target. At the "1+10" dialogue meeting, the heads of ten major international economic organizations were all present to meet and have a dialogue with Chinese high-level officials. Many domestic experts and scholars said that the "1+10" Dialogue was held at the right time. The current world economic situation faces many difficulties and challenges, and unilateralism and protectionism are rampant. China needs to work closely with major international economic organizations, adhere to multilateralism, and safeguard free trade and economic globalization. Statistics show that China, as the second largest economy in the world, keeps its contribution rate to the world economic growth at around 30%, and it also plays a key role in the global supply chain. This year, China is fully confident to achieve the annual economic growth target and will continue to play the role of the biggest engine of world economic growth. (CCTV Finance)Huang Man served as the deputy general manager of Soochow Fund. On December 10th, Soochow Fund Management Co., Ltd. announced the change of senior management: from now on, Huang Man served as the deputy general manager of the company. According to the announcement, Huang Man has served as a financial engineer, deputy general manager and deputy general manager (presiding) of Hongta Securities Innovation Research Department, general manager of Hongzheng Junfang Investment Co., Ltd., a subsidiary of Hongta Securities, deputy general manager of Hongta Securities Fixed Income Department, and deputy general manager (presiding) and deputy general manager of Hongta Securities Shanghai Fixed Income Branch. He is currently the deputy general manager of Soochow Fund Management Co., Ltd..Reuters survey: 56 out of 97 economists said that the Federal Reserve will cut the federal funds rate to 3.50%-3.75% or lower by the end of 2025 (70 out of 99 economists in November).


Reuters survey: 93 out of 103 economists believe that the Federal Reserve will cut the federal funds rate by 25 basis points to 4.25%-4.50% on December 18th.Wang Dong was appointed as Party Secretary and Chairman of Heilongjiang New Industry Investment Group. On December 10th, Heilongjiang New Industry Investment Group Co., Ltd. held a cadre meeting to announce the decision of the provincial party committee on the adjustment of the main leaders of the group: Comrade Wang Dong was appointed as Party Secretary and Chairman of New Industry Investment Group, and Comrade Sun Guangyuan was no longer appointed as Party Secretary and Chairman of New Industry Investment Group.CEO of Petrobras: The previous strategic plan did not perform well by about 30%.


Fitch: It is expected that the financial situation of the United States will improve moderately in 2025, due to the cyclical rebound of personal and corporate taxes, higher capital gains and tariffs. In view of the spread, the Canadian dollar will continue to weaken, which may offset some of the impact of the US tariff increase.Lvkang Biochemical: The transaction price of selling 9.7768% equity of Pucheng Rural Credit Cooperative was 23.27 million yuan. Lvkang Biochemical announced that the company held the board of directors and the board of supervisors on December 9, 2024, and deliberated and passed the proposal of selling 9.7768% equity of Pucheng Rural Credit Cooperative. The equity will be transferred to Fujian Putan Thermal Energy Co., Ltd. at a transfer price of 23.27 million yuan. After the transaction is completed, the company will no longer hold the equity of Pucheng Rural Credit Cooperative. The transaction still needs to be approved by the financial supervision department and submitted to the shareholders' meeting for deliberation.Shangtang Technology issues no more than 1.87 billion shares at a price of HK$ 1.46-1.52 per share.

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