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Two China scholars were selected as the top ten figures in Nature, and on December 10th, Nature published the top ten figures in 2024. Two scholars from China were selected, namely Professor Xu Huji, a rheumatologist from the PLA Naval Medical University, and Li Chunlai, a researcher at the National Astronomical Observatory of the Chinese Academy of Sciences and deputy chief designer of the Chang 'e-6 mission project. (CBN)Aerospace Electromechanical: It is planned to reduce the capital of its wholly-owned subsidiary, Hong Kong Holdings, by 52.5 million US dollars. Aerospace Electromechanical announced on the evening of December 10 that in order to improve the efficiency of capital use and reduce the risk of overseas operation, while ensuring the normal operation of Shanghai Aerospace Holdings (Hong Kong Holdings) Co., Ltd. (hereinafter referred to as "Hong Kong Holdings"), the company plans to reduce the capital of its wholly-owned subsidiary, Shanghai Aerospace Holdings (Hong Kong) Co., Ltd. by 52.5 million US dollars. After the company recovers the capital reduction, it will all be used to repay the M&A loan.In the first 11 months, China's foreign trade in goods reached a steady growth of 39.79 trillion yuan. The General Administration of Customs announced on the 10th that in the first 11 months of this year, the total import and export value of China's goods trade reached 39.79 trillion yuan, up 4.9% year-on-year, achieving steady growth. Among them, the export was 23.04 trillion yuan, a year-on-year increase of 6.7%; Imports reached 16.75 trillion yuan, a year-on-year increase of 2.4%.

Today, 8 new fund managers were hired and 3 left. According to the statistics of Eastern Fortune Choice, 8 new fund managers were hired today, involving 10 funds (A/C categories are calculated separately), mainly from companies such as Bosera Fund and Wanjia Fund. In addition, three fund managers left today.Liu Xu, head of the expert group of the third national survey of agricultural germplasm resources: The germplasm resources improvement plan has been started. On December 10th, 2024, the Ministry of Agriculture and Rural Affairs held a press conference on introducing the national survey of agricultural germplasm resources. Liu Xu, an academician of China Academy of Engineering and the leader of the expert group of the third national survey of crop germplasm resources, said at the meeting that most of the resources currently preserved are traditional local varieties and wild related species, on the one hand, they are rich in excellent traits and genetic resources, but most of them are heterogeneous groups, with more genetic burdens, and the good traits are prominent, and the bad ones are also in them, so it is difficult to directly use them in breeding, and it needs to be improved and transformed. Because of the long period, high investment and slow effect of resource improvement, breeders are generally reluctant to engage in the improvement and creation of basic materials, which is one of the important factors that lead to the narrow genetic basis of breeding and restrict the improvement of current breeding innovation ability. This year, we have started to implement the germplasm improvement plan. As the first step, we will start with the most urgent improvement and innovation of maize germplasm resources, try first and try hard to solve the dilemma of insufficient germplasm resources. We want to create a number of excellent varieties that are "available, easy to use and want to use" and provide germplasm support for accelerating the cultivation of breakthrough new varieties. In the next step, we will summarize and implement it while gradually extending it to important crops such as soybeans and rapeseed.FTSE China A50 index futures fell to 3%.

Liang Zhonghua of Haitong Securities: The general direction of "positive" macro policy in 2025 has been determined, and the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on December 9 to analyze and study the economic work in 2025. Liang Zhonghua, chief macro analyst of Haitong Securities, said that judging from the statement of the meeting, the general direction of "positive" macro policy in 2025 is certain. Among them, "supernormal countercyclical adjustment" was put forward for the first time. Liang Zhonghua analyzed that "supernormal adjustment" may be different from QE (quantitative easing) in western countries, but refers to a traditional tool that has grown steadily in the past few years, making a breakthrough on the margin and playing the role of "keeping innovation" and "enriching and perfecting the policy toolbox". Judging from the policies that have been issued since September, this round of steady growth is a steady growth under the framework of "high quality". The high-quality framework will not change, and there will be no strong stimulation of flood irrigation. The meeting proposed to "implement a more active fiscal policy and a moderately loose monetary policy". Liang Zhonghua believes that next year's finance is expected to make further marginal efforts. It is expected that deficit ratio may improve. At present, 3.5%-4.0% is more likely, and the scale of special bonds may be marginally increased. Special government bonds supporting "duality" and "two innovations" will continue to be issued or increased. In addition, the debt-melting policy launched in November will also be the financial focus next year, and it is expected that special government bonds may be issued to supplement bank capital. In addition, the gradual interest rate cut will continue next year, and the structural monetary policy will continue to exert its strength. The meeting stressed that "it is necessary to vigorously boost consumption, improve investment efficiency, and expand domestic demand in all directions." In this regard, Liang Zhonghua believes that compared with Politburo meeting of the Chinese Communist Party's statement of "expanding domestic demand with the focus on boosting consumption" in July, this meeting pays more attention to expanding domestic demand, and its support is expected to be further increased in the future. Since the beginning of this year, with the extra-long special national debt funds in place, the consumption of consumer goods trade-in policy has gradually emerged. There is still room for further efforts to expand domestic demand policies such as replacing old consumer goods with new ones next year. Liang Zhonghua also mentioned that this meeting clearly put forward "stabilizing the property market and stock market", which shows that the policy pays high attention to the property market and stock market. As an important signal to pay attention to the economy and expectations, the policies of the property market and stock market are also positive.General Administration of Customs: In the first 11 months, the import and export of private enterprises was 21.99 trillion yuan, accounting for 55.3% of China's total foreign trade. According to the data of the General Administration of Customs, in the first 11 months, the import and export of private enterprises was 21.99 trillion yuan, up 8.7%, accounting for 55.3% of China's total foreign trade, up 2 percentage points over the same period last year. Among them, the export was 14.86 trillion yuan, up 9.2%, accounting for 64.5% of China's total export value; Imports amounted to 7.13 trillion yuan, up 7.9%, accounting for 42.6% of China's total import value. In the same period, the import and export of foreign-invested enterprises reached 11.67 trillion yuan, up by 1.1%, accounting for 29.3% of China's total foreign trade. Among them, exports were 6.36 trillion yuan, an increase of 2.1%; Imports reached 5.31 trillion yuan, down 0.1%. The import and export of state-owned enterprises was 6.04 trillion yuan, down 0.7%, accounting for 15.2% of China's total foreign trade. Among them, the export was 1.79 trillion yuan, an increase of 3.9%; Imports were 4.25 trillion yuan, down 2.5%. (General Administration of Customs)Electric wind power set up a new company, including offshore wind turbine business. The enterprise search APP shows that recently, Shangdian Ruoqiang New Energy Co., Ltd. was established with Gao Xiang as its legal representative and registered capital of 1 million yuan. Its business scope includes: sales of new energy prime mover equipment; Sales of onshore wind turbines; Offshore wind turbine sales, etc. Enterprise equity penetration shows that the company is wholly owned by Electric Wind Power.