1. Li Qiang: It is necessary to vigorously promote technology consumption and release the consumption potential of artificial intelligence end point products. 2. It is reported that OpenAI GPT-4.5 is expected to be released next week at the soonest, and GPT-5 or late May. 3. Musk's xAI announced that Grok 3 is free and open until the server is overwhelmed. 4. US research institutions released Evo 2, the largest AI model in the field of biology. 5. Ali is about to launch a deep reasoning model ba...
Li Qiang chaired an executive meeting of the State Council to study the work related to boosting consumption.
National Bureau of Statistics: In January 2025, national consumer prices rose by 0.5% year-on-year. Among them, urban prices rose by 0.6%, rural prices rose by 0.3%; food prices rose by 0.4%, non-food prices rose by 0.5%; consumer prices rose by 0.1%, and service prices rose by 1.1%.
On January 9, data from the National Bureau of Statistics showed that in December 2024, the national consumer price rose by 0.1% year-on-year. Among them, urban prices rose by 0.1%, while rural prices were flat; food prices fell by 0.5%, non-food prices rose by 0.2%; consumer prices fell by 0.2%, and service prices rose by 0.5%.
On December 12, at the Central Economic Work Conference, General Secretary Xi Jinping summarized the economic work in 2024, analyzed the current economic situation, and deployed the economic work in 2025. In an interview, Minister of Commerce Wang Wentao said: In his speech, the General Secretary mentioned some content related to business work many times. For example, expanding consumption, stabilizing foreign investment, and stabilizing foreign trade. The Ministry of Commerce will combine the s...
On December 12th, according to CCTV news broadcast, the Central Economic Work Conference was held in Beijing from December 11th to 12th. The meeting determined that the following key tasks should be grasped next year. First, we should vigorously boost consumption, improve investment efficiency, and expand domestic demand in an all-round way. Implement special actions to boost consumption projects, strengthen the implementation of the "two new" policy, strengthen support for "two new" projects, s...
On December 10th, the three major indexes collectively opened higher in early trading today and maintained their volatility. As of the noon close, the Shanghai index rose by 1.58%, the Shenzhen Composite Index rose by 2.08%, and the growth enterprises market index rose by 2.21%. On the disk, the plate generally rose, the concept of PEEK materials continued to strengthen, and Xinhan New Materials, China Research Co., Ltd. and other 2-connected boards; the concept of humanoid robots was active, an...
On December 9th, the meeting pointed out that next year, we must vigorously boost consumption, improve investment efficiency, and expand domestic demand in an all-round way. We must lead the development of new quality productive forces with scientific and technological innovation, and build a modern industrial system. We must give play to the traction role of economic system reform and promote the implementation of landmark reform measures. We must expand high-level opening up, stabilize foreign...
The US personal consumption expenditure data released yesterday was in line with expectations. The market is optimistic about the prospect of the Federal Reserve's interest rate cut in December. Gold prices rose slightly in early Asian trade. The overall market performance was sluggish overnight during the US Thanksgiving holiday, with commodities markets now forecasting a 70% chance of a 25 basis point rate cut in December, up from 56% a week ago, ANZ research analysts said in a research note. ...
On November 18th, in order to better meet the rigid and improved housing needs of residents, the city has cancelled the standard of ordinary housing and non-ordinary housing, and the tax matters related to individual housing transactions are as follows: 1. If the original value certificate of the housing is not provided for the transfer of housing by individuals, and the original value of the housing and the tax payable cannot be correctly calculated, the personal income tax shall be assessed an...