China November trade balance(in yuan term) 494.33 bln yuan; Est. 486.0bln, Prev. 586.8bln; #Imports -1.1 y/y ; Est. +7.1%, Prev.+6.8%; #Exports +0.9% y/y ; Est. +8.2%, Prev.+7.0%. 3/ thread #trade#import#export#economy 🇨🇳 🇺🇸
China November trade balance(in yuan term) $69.84bln; Est. $78.05bln, Prev. $85.15bln; #Imports -10.6% y/y ; Est. -7.1%, Prev.-0.7%; #Exports -8.7% y/y ; Est. -4.2%, Prev.-0.3%. 4/ thread #trade#import#export#economy 🇨🇳 🇺🇸
3/ #China's Jan-November #trade with
ASEAN +15.5% y/y to 5.89 trillion yuan
🇪🇺EU +7% y/y to 5.17 trillion yuan
🇺🇸US +4.8% y/y to 4.62 trillion yuan
🇰🇷Korea +4.7% y/y to 2.22 trillion yuan #trade
5/ 🇨🇳#China November imports (y/y): #Ironore -5.8% to 98.84 million tons #Copper ore +10.1% to 2.41 million tons #Coal -7.8% to 32.31 million tons #Crudeoil +11.8 % to 46.74 million tons #Naturalgas -3.9% to 10.31 million tons #Vehicle -13.7% to 69K units #OOTT
Chinese Premier Li Keqiang Meets with Heads of Major International Economic Organizations: CCTV
Chinese Premier Li Keqiang Says China Has Stabilized Macroeconomy. #China
Chinese Premier Li Keqiang: China's Economy is Operating within a Reasonable Range. China's Economic Growth Will Continue to Pick Up with Implementation of Optimized Epidemic Prevention Policies. #China
PBoC's Shanghai Unit, Shanghai municipal banking and insurance regulator hold meeting on financial support for stable and healthy development of real estate market. #Shanghai#property
#Shanghai: Promoting stable, healthy development of #property market is of great significance to stability of financial development, macroeconomy. Financial institutions must adhere to principle of "houses are for living in, not for speculation."
#Shanghai: Property developers must have a deep understanding of new situations, actively change development models, and cooperate with local governments to do their best to guarantee delivery of buildings. #property
#China's 10 measures
1)Narrowing high-risk areas to buildings or floors, even homes, rather than communities.
2)No more mass PCR tests in administrative districts, to cut the frequency of tests. To scrap test and Health Code rules for crossed-region citizens. 1/ Thread 🇨🇳
2/n #China's 10 measures
3)Allows symptomatic cases and patients with mild symptoms to conduct home quarantine. Allow some close contacts to conduct 5-day home quarantine.
4)To lift lockdowns in high-risk areas without new cases reported in the last five days.
3/n #China's 10 measures
5)To repeal the prohibition against purchases of OTC medicine for fever, cough, and cold.
6)To boost the vaccination rate for the elderly over 80.
7)To assess the physical conditions of key groups
8)Prohibits business suspension in non-high-risk-areas
China's #Zhengzhou City: Residents who take public transportation such as buses, subways, and taxis need to hold 48-hour nucleic acid test negative certificate and green health code. #COVID19
China's #Zhengzhou City: Many citizens were infected in process of shopping and purchasing in this round of epidemic. Personal protection must be done when going shopping. Citizens are recommended to reduce time of staying outside during shopping. #COVID19
#Beijing City: Report 2,126 new local Covid cases during 15 hours to 3pm on Tuesday. Current development of epidemic is still in a relatively rapid period. Epidemiological investigation work needs to be further speeded up and improved in quality and efficiency.
#Guangzhou City: Epidemic in Tianhe District is developing rapidly. Risk of community transmission continues to increase. #Shanghai City: Add 13 high-risk areas for Covid after reporting 12 new local cases.
#Guangzhou City: 9 manufacturing companies in control areas of Haizhu District have applied for resumption of work and production. Overall resumption rate of Pazhou enterprises has reached 51%. #Shanghai City: To lift controls in 21 high-risk areas from Nov 30.