Quick overview of the main points
Greater Bay Area Information
1. Attack overnight! Guangdong quickly carried out law enforcement inspections of cables that did not meet the standards
2. Shenzhen: whole process monitoring, multi-system connectivity, and full-process closed-loop Shenzhen implements a smooth and orderly full connection of cross-border freight ports
3. Shenzhen: Shenzhen and Hong Kong signed a framework agreement on pilotage cooperation in the waters of Dapeng Bay
4. Hong Kong: The first batch of ORAL COVID-19 drugs in Hong Kong have been handed over to the HA
5. Hong Kong: Chan: The HKSAR government has quickly followed up on the suggestions of mainland experts
6. Macau: Macau's total foreign exchange reserve assets in February were MOP213.7 billion
7, Guangzhou: "Guangzhou Science and Technology Brain" debuted, researchers have "AI assistants"
8. Zhuhai: Hengqin Guangdong-Macao In-depth Cooperation Zone launched the declaration of office space rent subsidies for science and technology enterprises
Domestic financial hotspots
1. Liu He presided over the meeting of the Financial Commission of the State Council to study the current situation
2, the open market to achieve 100 billion net investment the central bank equivalent to continue to do MLF 200 billion yuan
3. In 2021, the transaction scale of China's sharing economy market will exceed 3.6 trillion yuan The sharing economy is promising
4, 70 cities the latest house prices are out! The downside has slowed
5. In the first two months, the electricity consumption of the whole society increased by 5.8% year-on-year
International financial hotspots
1. The situation in Russia and Ukraine
1.1 IMF: The Ukraine crisis may fundamentally change the global economic order
1.2 Zelenskiy: Ukrainian and Russian positions are more realistic Negotiations will continue
1.3. US President Joe Biden will announce $1 billion in military aid to Ukraine
2. For the first time in Brazil, two cases of infection with the combined variant of Delta and Omikejong were found
3. New Zealand tentatively opens its borders to visa-free countries from May 2
01 Strike overnight!
Guangdong quickly carried out law enforcement inspections of cables that did not meet the standards
On March 15, 2022, CCTV "3·15 Evening Party" exposed the live broadcast suspected of false propaganda, suspected sales of problematic toys around the campus, the production and sale of "non-standard" cables in individual areas and other related problems, the Guangdong Provincial Government attaches great importance to it, the Provincial Market Supervision Bureau first required the relevant municipal market supervision departments to carry out law enforcement inspections, and sent law enforcement teams to Jieyang City overnight to carry out law enforcement supervision. The relevant prefectural and municipal market supervision departments quickly organized capable law enforcement forces and joined forces with public security and other relevant departments to carry out surprise law enforcement inspections in their jurisdictional areas overnight.
Based on the results of big data analysis and judgment, the Guangdong Provincial Market Supervision Bureau organized law enforcement forces to carry out special supervision and inspection of the professional market and production concentration of wire and cable centralized sales on March 15. 20 law enforcement personnel were dispatched, 15 wire and cable sales enterprises were inspected, and 3 batches of samples were sampled for inspection. The identification marks of 3 varieties and 6 batches of 88 wire and cable products were found to be suspected of having problems (false labels of 3C certification marks, products marked by product conformity certificates do not match the actual product labels, and product labels obviously do not meet the requirements of the standards). At present, the sampling products have been sent to the testing agency for inspection, and all the products suspected of having labeling problems have been seized and compulsory measures have been taken, and the case is handed over to the local market supervision bureau for further investigation and verification.
It is reported that the Guangdong Provincial Market Supervision Bureau has been supporting and guiding the Provincial Wire and Cable Industry Association to carry out industry self-discipline, organizing the relevant municipal market supervision bureaus to conduct special verification of the 48 problem wire and cable product clues provided by the industry association in early March, and organizing the thorough removal of the quality problems of the enterprise while implementing administrative penalties for the verified problems.
The Guangdong Provincial Market Supervision Bureau said that the relevant law enforcement investigation is still ongoing. If the public has relevant clues, they can promptly call the 12345 or 12315 hotline to report and complain.
02 Whole process monitoring, multi-system connectivity, full process closed loop
Shenzhen implements a smooth and orderly connection of cross-border freight ports
The financial reporter of the Bay Area learned from the Office of the Special Working Group for epidemic prevention and control of cross-border cargo transportation in Shenzhen and Hong Kong that at 00:00 on March 14, the full connection mode of the Shenzhen-Hong Kong cross-border freight port was implemented on time, and in accordance with the principle of "full connection, total control, reservation required, and freshness", cross-border truck drivers can only concentrate on driver connection at the connection points of Wenjindu, Huanggang and Shenzhen Bay ports, and the mainland transportation is completed by the mainland connection drivers, effectively cutting off the risk of epidemic import.
According to statistics, on the first day of operation on March 14 (0-24 o'clock), a total of 369 fresh reservations and 361 operations were received, an increase of 3.14% month-on-month, and the overall operation was stable and orderly; as of 19:00 on March 15, 395 fresh operations for Hong Kong had been completed on the 15th, which was a steady increase compared with the first day of fresh materials for Hong Kong. Under the premise of ensuring the supply of fresh food to Hong Kong, the established goals of cross-border truck entry optimization and control control and prevention and control security have been achieved.
It is reported that cross-border freight drivers must enter the country with a 24-hour nucleic acid test negative result certificate, and at the same time, they must take nucleic acid sampling in the port area at each entry. After entering the port, the cross-border driver enters the special lane to the port connection point, rests through the special passage, drives out of the connection point, and then enters the port to return to Hong Kong, realizing cross-border transportation "seeing the goods and not seeing people", effectively cutting off the risk of epidemic import. At the same time, through the empowerment of science and technology, the customs clearance process of trucks and cross-border drivers is optimized, and the whole process monitoring, multi-system connectivity, and full-process closed loop are realized.
According to the latest control measures, from March 15, the port connection point will only open shenzhen huanggang port, Wenjindu port, Shenzhen bay port and other three connection points, liantang port connection point from 00:00 on March 15. Through communication and consultation between Shenzhen and Hong Kong, Shenzhen adjusted the cargo inspection function of the land port, Wenjindu Port is only used for cross-border vehicles entering and leaving the port for fresh goods, and cross-border vehicles transporting other goods are diverted to Huanggang Port and Shenzhen Bay Port, and at the same time, since March 14, the customs clearance time of Wenjindu Port has been extended from 07:00 to 22:00 to 3:00 the next day. After the implementation of the "full connection of ports", all suppliers no longer have this concern, and can be supplied 24 hours a day, on call, which greatly enhances the stability of the supply of goods.
03 Shenzhen and Hong Kong signed a framework agreement on pilotage cooperation in the waters of Dapeng Bay
Authorized by the Shenzhen Municipal Government, on 15 March 2022, the Shenzhen Municipal Transport Bureau and the Maritime Affairs Department of the Hong Kong Special Administrative Region signed the Framework Agreement on Pilotage Cooperation in the Waters of Dapeng Bay, and the two sides reached a consensus on the scope of pilotage cooperation vessels, pilotage cooperation scheduling, pilotage fees, etc., which is the first in-depth cooperation reached in the field of pilotage between the government departments of Shenzhen and Hong Kong to promote the development of ports in the Guangdong-Hong Kong-Macao Greater Bay Area. The agreement will enter into force on June 1 this year for a period of three years.
Adhering to the principle of mutual benefit and win-win results, Shenzhen and Hong Kong have innovated the port service cooperation model while complying with the laws of the two places. According to the framework agreement, ships sailing through the waters of Dapeng Bay to or from Shenzhen Port, which are subject to mandatory pilotage in accordance with the laws of Shenzhen and Hong Kong, will be provided with full pilotage services by a qualified pilot from Shenzhen or Hong Kong, and a one-time charge will be charged to the pilot vessel.
The pilotage cooperation between Shenzhen and Hong Kong is conducive to improving the navigation safety of ships in the waters of Dapeng Bay, increasing the efficiency of navigation in and out of the eastern port area of Shenzhen, and reducing the operating costs of shipping and port enterprises, thereby optimizing the business environment of the Guangdong-Hong Kong-Macao Greater Bay Area and further promoting the integrated development of the port and shipping sector in the Greater Bay Area.
04 The first batch of ORAL COVID-19 drugs in Hong Kong have been handed over to the HA for use
The first batch of ORAL antiviral drug PF-07321332/ritonavir tablets (Paxlovid) arrived in Hong Kong on the 14th and was sent to the Hong Kong Hospital Authority (HA) for use on the 15th. Other batches of Paxlovid will arrive in Hong Kong in the coming months to meet the needs of Hong Kong citizens.
It is reported that the new crown oral antiviral drugs are the main force of the SAR government in the treatment of patients diagnosed with new crown pneumonia. In addition to Paxlovid, which arrived in Hong Kong on the 14th, the HA has earlier introduced another oral antiviral drug for the treatment of COVID-19 patients, Molnupiravir.
A spokesman for the Food and Health Bureau of the HKSAR Government said that the HA would prescribe these two oral ANTIVIRal drugs for inpatients in public hospitals and appropriate COVID-19 patients in designated clinics in accordance with clinical guidelines and patient conditions. The HA Community Assessment Team for the Elderly will also support confirmed patients in nursing homes through outreach and remote diagnosis of medical and nursing services, and doctors will prescribe oral antiviral drugs for COVID-19 according to clinical guidelines and patient conditions. At the same time, as private hospitals are providing medical support to COVID-19 patients through different forms, the HA will lend oral medicines to private hospitals to treat COVID-19 patients in accordance with the established mechanism to further strengthen the relevant treatment.
The spokesman also said that the HKSAR Government has procured appropriate quantities of oral antiviral drugs for COVID-19 through the HA in accordance with expert opinions and will continue to purchase and stockpile related drugs.
05 Chan: The Hong Kong SAR government has made every effort quickly
Follow up on the advice of mainland experts
The Secretary for Food and Health (FOOD and Health Bureau) of the HKSAR Government, Mr Chan Siu-chiu, held a meeting with mainland health experts visiting Hong Kong at the Government Headquarters on 15 July to exchange views on the discussions and suggestions made in the past few weeks, as well as the KEY follow-up work of the HKSAR Government. Chan said that the SAR Government has quickly followed up on the suggestions of mainland experts.
Chen Zhaoshi expressed his sincere thanks to the expert group led by Liang Wannian, head of the Expert Group of the National Health Commission's Leading Group for COVID-19 Response and Handling, as well as the Mainland Epidemiology Expert Working Group and the Guangdong Provincial COVID-19 Medical Treatment Expert Group for their valuable opinions and guidance during their visits to Hong Kong, which helped the SAR cope with the unprecedented severe epidemic situation. Experts put forward many constructive suggestions on Hong Kong's anti-epidemic measures, including triage and stratification of COVID-19 patients, especially for the elderly. In addition, through the analysis of data, experts also further understood the actual situation of Hong Kong's anti-epidemic work and made more in-depth research and guidance on the epidemic.
Chan said that the HKSAR Government has quickly followed up on the recommendations of mainland experts and is now carrying out a series of specific measures and follow-up work, including setting up more community facilities for elderly isolation and temporary care as soon as possible, strengthening support for residential care homes for the elderly and disabled people, and strengthening support for the elderly with no symptoms or only mild symptoms of illness. In addition, the HKSAR Government has also set up designated treatment hospitals and mobilized private hospitals to fight the epidemic.
Chan said that the SAR government will race against the clock to "reduce deaths, reduce severe illness and reduce infections" as the epidemic prevention strategy, and do its best to stop this wave of the epidemic as soon as possible and protect the safety of citizens' lives.
During its visit to Hong Kong, the expert group met with the Department of Health, the Hospital Authority, the HKSAR Government Expert Advisory Panel and a number of public health experts for in-depth exchanges. They also visited homes for the elderly, public hospitals, community isolation facilities and community testing centres, as well as inspected the site of "enclosure and compulsory inspection", etc., to understand Hong Kong's anti-epidemic work in various aspects such as treatment of patients, isolation of patients, testing, data analysis, and arrangements for epidemic prevention in hospitals, and to provide advice and guidance on Hong Kong's anti-epidemic strategies and measures.
06 Macau's total foreign exchange reserve assets in February were MOP213.7 billion
The Monetary Authority of Macau (MONETARY) announced on the 15th that at the end of February 2022, the total foreign exchange reserve assets of the Macao SAR were preliminarily calculated at 213.7 billion patacas (US$26.56 billion), down 1.3% from the revised total of 216.6 billion patacas (US$26.97 billion) in January 2022.
According to the Monetary Authority, Macau's total foreign exchange assets at the end of February 2022 are about 10 times that of Macau's circulating currency at the end of January 2022 or 85.6% of the broad money supply (M2) that belongs to the MOP.
The Monetary Authority also announced that Macau's trade-weighted AUex index for February 2022 was 103.6, down 0.16 points from the previous month and up 1.47 points from the same period last year, showing that overall, the exchange rate of the pataca against the currencies of Macau's major trading partners has risen month-on-month and year-on-year.
07 "Guangzhou Science and Technology Brain" debuted
Researchers have "AI assistants"
Bay Area Finance and Economics learned from the Guangzhou Municipal Science and Technology Bureau that on March 15, the "Guangzhou Science and Technology Brain" built by the Bureau first served the application and acceptance of the science and technology plan project.
According to reports, compared with the traditional science and technology project management system, the "Guangzhou Science and Technology Brain" mainly has three major innovations.
First of all, the design concept innovation - from technology project management to scientific and technological innovation services. The traditional science and technology project management system focuses on the process management of science and technology projects from selection to project establishment to final acceptance. In addition to the process management function of science and technology projects, "Guangzhou Science and Technology Brain" is more like an "AI assistant" of scientific and technological services, and its service functions respond to the needs of scientific and technological enterprises and scientific researchers at any time, including accurate push of scientific and technological policies, enterprise investment and financing docking, office space search, and preferential selection of scientific and technological intermediary services. The above functions will be completed and launched within the year. In addition, the "policy precision push module" to be launched in the near future, the system can automatically push the corresponding scientific and technological policies according to the information such as the place of registration of the unit, the nature type of the unit, etc., and improve the efficiency and accuracy of policy retrieval. If it is a high-tech enterprise in Huangpu, after completing the registration and login of "Guangzhou Science and Technology Brain", the system will accurately push the relevant science and technology policies of the state, provinces, municipalities and Huangpu District. If you also pay attention to the technology policies of other districts, you can achieve synchronous browsing through the policy personalized subscription.
Second, the system architecture innovation - strong data interconnection and shared service capabilities. "Guangzhou Science and Technology Brain" has specially built a "data warehouse" to greatly enhance the interactivity and reuse of data and information, thereby greatly reducing the burden of scientific researchers to declare and fill in forms. "Interactivity" means that the system has a strong interconnection ability, can realize cross-departmental, cross-level data automatic call, for example, researchers can read the data of the historical provincial and municipal science and technology plan projects through "data synchronization", without repeated entry; for example, enterprises do not need to fill in the financial operation status, through the entry of the annual audit report recorded by the Guangzhou Institute of Certified Public Accountants, you can retrieve the core financial data of the annual audit report with one click. "Reuse" is popularly speaking, it means that multiple times at a time are filled in, for example, scientific researchers only need to enter their academic qualifications, degrees and titles and other certification materials once in the personal registration link, and they can be retrieved with one click at different project declaration stages without repeated uploading.
In addition, business process innovation - digital reengineering technology business processing process. "Guangzhou Science and Technology Brain" makes full use of the Internet, blockchain and big data technology to innovate the business handling process. The use of Internet blockchain technology to achieve the online signing of scientific and technological plan project contracts, completely eliminating the trouble of scientific researchers running errands and stamping, and strengthening the anti-tampering ability of project contracts. Using big data technology, the automatic approval of some subsidy projects has been realized, eliminating the declaration link of enterprises and individual projects, and realizing the "free application and enjoyment" of policy implementation. The use of data encryption technology to achieve "double-blind" review of scientific and technological projects, to isolate experts and evaluation institutions and stakeholders of the reviewed projects to the greatest extent, through sharing the database of scientific and technological experts with the Guangdong Provincial Department of Science and Technology, to achieve the quality and quantity of scientific and technological experts, and effectively ensure the quality of project review.
08 Hengqin Guangdong-Macao In-depth Cooperation Zone launched a science and technology enterprise
Office space rental subsidy declaration work
Recently, the Economic Development Bureau of Hengqin Guangdong-Macao Deep Cooperation Zone issued a notice that in order to accelerate the implementation of the innovation-driven development strategy and further reduce the operating costs of science and technology enterprises in the cooperation zone, the declaration of office space rent subsidies for science and technology enterprises in the fourth quarter of 2021 is now organized.
The financial reporter of the Bay Area learned that the scope of the subsidy park includes Hengqin Macao Youth Entrepreneurship Valley, China-Latin America Economic and Trade Cooperation Park (Hengqin International Science and Technology Innovation Center), Hengqin International Business Center (ICC), and professional parks that provide carriers and services for science and technology enterprises with the consent of the former Hengqin New Area Management Committee; and supporting factories that meet the requirements of the "Interim Measures for Office Rent Subsidies for Office Space of Science and Technology Enterprises in Hengqin New Area (Revised)".
In accordance with the requirements of the "Interim Measures for Office Space Rental Subsidies for Science and Technology Enterprises in Hengqin New Area (Revised)", the policy-based enterprises or institutions are accepted to declare the rent subsidies for the fourth quarter of 2021, the agreement-based enterprises in the cooperation zone declare the rent subsidies in the second half of 2021, and the former Hengqin, bonded and Hongwan integrated areas supporting plant policy and agreement enterprises accept and declare the annual rental subsidies for 2021.
What is the office subsidy standard that can be enjoyed by technology-based enterprises or institutions settled in Hengqin Park? According to the above measures, enterprises that have obtained the "identification of science and technology-based small and medium-sized enterprises"; or enterprises or institutions that have independent intellectual property rights (more than 1 invention patent, or more than 2 utility model patents, software copyrights, and integrated circuit layout designs), and the proportion of scientific and technological personnel engaged in R&D and related technological innovation activities of the enterprise is not less than 20% of the total number of employees in the year; or enterprises or institutions engaged in a new generation of information technology (software and integrated circuit design, artificial intelligence, Internet, big data, etc.), big health (traditional Chinese medicine, biomedicine, Enterprises that conform to the development direction of the Hengqin industry, such as medical devices and new materials, can enjoy rent subsidies of up to 60 yuan / square meter / month.
If it is a recognized national high-tech enterprise, or an enterprise that meets the requirements of the "Measures for Accelerating the Introduction and Cultivation of Innovation-driven Enterprises and Teams in Hengqin New Area" and has been approved for projects, or a major new R&D institution or a public platform for scientific and technological innovation approved by the former Administrative Committee of Hengqin New District, or a science and technology enterprise selected as "Zhuhai Unicorn Enterprise Cultivation Library", or a science and technology enterprise that has accumulated more than 10 million yuan of investment from well-known venture capital institutions or science and technology enterprises that meet the standards above the scale and enter the statistical network direct registration database; Or science and technology enterprises that have won national, provincial, municipal and district competition awards or advanced to the final of the "China Hengqin Science and Technology Entrepreneurship Competition"; or high-end talent science and technology projects with exemplary and leading characteristics, Hong Kong, Macao and Taiwan science and technology enterprises or science and technology institutions approved by the former Hengqin New District Bureau of Commerce, the subsidy standard can be raised to a maximum of 100 yuan / square meter / month.
In terms of plant subsidies, science and technology enterprises that are stationed in the bonded zone and the supporting plants in the Hongwan area and have a main business income of more than 10 million yuan (inclusive) in the current year and an average annual output value of not less than 20,000 yuan / square meter (inclusive) can enjoy a maximum of 20 yuan / square meter / month rent subsidies.
Enterprises participating in this declaration can file and declare online on the exclusive website of Hengqin Enterprise. After the operation unit of the park conducts a preliminary review of the online application materials of the enterprise, the Economic Development Bureau of the Hengqin Guangdong-Macao In-depth Cooperation Zone will review the enterprise. Enterprises that have passed the online declaration review shall submit relevant paper materials to the park operating unit where they are located; each park operating unit shall accept the application materials of the enterprise and conduct daily on-site office verification, and issue a letter of preliminary review opinion. If necessary, the Economic Development Bureau of the cooperative zone may conduct on-site verification of the relevant situation of the enterprise.
It should be noted that the filing period is from March 14 to March 18, and the filing enterprises do not need to repeat the filing; the filing time is from March 23 to April 5.
The Economic Development Bureau of the Cooperation Zone will publicize the list of enterprises to be supported through review on the official website of the Executive Committee of the Hengqin Guangdong-Macao In-depth Cooperation Zone, and the publicity period is 5 days. Enterprises that have no objections or do not establish objections after public announcement shall be issued by the Economic Development Bureau of the cooperative zone to them with a notice of rent subsidy and allocate funds.
01 Liu He presided over the meeting of the Financial Commission of the State Council to study the current situation
On March 16, the Financial Stability and Development Committee of the State Council held a special meeting to study the current economic situation and capital market issues. The meeting was presided over by Liu He, member of the Political Bureau of the CPC Central Committee, vice premier of the State Council, and director of the Financial Commission, and attended by responsible comrades of relevant departments.
The meeting pointed out that under the current complex situation, the most crucial thing is to adhere to development as the first priority of the party's ruling and rejuvenating the country, adhere to economic construction as the center, adhere to deepening reform and expanding opening up, adhere to the principle of marketization and rule of law, adhere to the "two unwavering", effectively protect property rights, fully implement the spirit of the Central Economic Work Conference and the deployment of the national "two sessions", coordinate epidemic prevention and control and economic and social development, keep the economic operation within a reasonable range, and maintain the smooth operation of the capital market.
The meeting looked at related issues. With regard to macroeconomic operation, we must implement the decision-making and deployment of the Party Central Committee, earnestly revitalize the economy in the first quarter, take the initiative to deal with monetary policy, and maintain moderate growth in new loans. Regarding real estate enterprises, it is necessary to study and propose effective prevention and mitigation of risk response plans in a timely manner, and propose supporting measures for the transformation to a new development model. Regarding the China Stock Exchange, the regulators of China and the United States have maintained good communication, made positive progress, and are working to form a specific cooperation plan. The Chinese government continues to support all kinds of enterprises to list overseas. Regarding the governance of the platform economy, the relevant departments should improve the established plan in accordance with the principle of marketization, rule of law and internationalization, adhere to the principle of seeking progress in stability, and steadily promote and complete the rectification work of large platform companies as soon as possible through standardized, transparent and predictable supervision, and set up red and green lights to promote the stable and healthy development of the platform economy and improve international competitiveness. On the issue of the stability of Hong Kong's financial market, the regulators of the mainland and Hong Kong should strengthen communication and coordination.
The meeting stressed that relevant departments should earnestly assume their responsibilities, actively introduce policies that are beneficial to the market, and prudently introduce contractionary policies. Respond to hot issues of market concern in a timely manner. Policies that have a significant impact on the capital market should be coordinated with the financial management authorities in advance to maintain the stability and consistency of policy expectations. The Financial Commission of the State Council will, in accordance with the requirements of the Party Central Committee and the State Council, increase coordination and communication, and hold it accountable when necessary. Financial institutions must proceed from the overall situation and firmly support the development of the real economy. Long-term institutional investors are welcome to increase their shareholding ratios. All quarters must profoundly understand the great significance of the "two establishments," resolutely achieve the "two safeguards," maintain the long-term trend of China's healthy economic development, and jointly safeguard the stable development of the capital market.
02 The open market achieves a net launch of 100 billion yuan
The central bank's equivalent excess of MLF 200 billion yuan
In order to maintain the reasonable and sufficient liquidity of the banking system, the central bank launched a 200 billion yuan one-year MLF (medium-term lending facility) operation and a 10 billion yuan 7-day open market reverse repurchase operation on March 15, with the winning interest rates of 2.85% and 2.10%, respectively, unchanged from before. The data shows that there are 10 billion yuan of reverse repurchase and 100 billion yuan of MLF expiring on the same day. Since then, according to the full caliber calculation, the open market has achieved a net investment of 100 billion yuan.
In terms of market liquidity, most of the short-end varieties of Shibor on the 15th are on the rise. Overnight varieties were flat at 2.063%, 7-day upward at 1.8BP at 2.122%, 14-day upward at 6.6BP at 2.167%, and 1-month upside at 0.1BP at 2.301%.
This MLF operation is an incremental continuation. Wang Qing, chief macro analyst of Oriental Jincheng, said that this move can supplement the bank's medium- and long-term liquidity, enhance its lending capacity, guide financial institutions to expand loan delivery, and also help stabilize market expectations and curb the upward momentum of market interest rates.
The latest financial data released by the central bank shows that China's M2 in February increased by 9.2% year-on-year, expected 9.5%, the previous value of 9.8%; M1 increased by 4.7% year-on-year; China's new RMB loans in February were 1,230 billion yuan, expected to be 1,454.44 billion yuan, the previous value was 3,980 billion yuan; China's social financing scale increased by 1,190 billion yuan in February, expected to be 2,215.7 billion yuan, the previous value was 6,170 billion yuan.
03 In 2021, the transaction scale of China's sharing economy market will exceed 3.6 trillion yuan
The sharing economy holds promise
Recently, the "China Sharing Economy Development Report (2022)" released by the State Information Center shows that shared services and consumption continue to play an important role in stable growth.
From the perspective of the development trend of shared services, online takeaway revenue will account for about 21.4% of the national catering industry revenue in 2021, an increase of 4.5 percentage points year-on-year; from the perspective of resident consumption, the per capita expenditure of online takeaway in 2021 will account for 21.4% of catering consumption expenditure, an increase of 4.4 percentage points year-on-year. In addition, the proportion of online ride-hailing passenger traffic in the total taxi passenger traffic is about 31.9%, and the proportion of shared accommodation revenue in the national accommodation industry room revenue is about 5.9%.
Liu Yi, director of the Service Economy and Internet Research Office of the Chinese Academy of Social Sciences' Institute of Financial and Economic Strategy, said in an interview that in the early stage of the development of the sharing economy, it was mainly the sharing of durable goods such as real estate and car use rights, so the fields of life services, shared travel, and shared accommodation grew rapidly. After years of rapid growth, the penetration rate of the sharing economy in the life service industry has been very high.
Industry insiders pointed out that the rapid development of the sharing economy has made positive contributions to ensuring market players, promoting flexible employment, and helping small and medium-sized enterprises to transform.
04 70 cities the latest price is out!
The downside has slowed
On March 16, the National Bureau of Statistics released the changes in the sales prices of commercial residential buildings in 70 large and medium-sized cities in February 2022. The data shows that among the 70 large and medium-sized cities, the sales prices of newly built commercial residential buildings and second-hand residential buildings in first-tier cities rose month-on-month, and the second- and third-tier cities were flat or declined; the year-on-year increase in commodity residential sales prices in first- and second-tier cities fell or flat, and the third-tier cities fell year-on-year.
According to the National Bureau of Statistics, in February, the number of cities where the price of new houses rose month-on-month fell slightly to 27 from the previous month. The number of cities where second-hand housing prices rose month-on-month remained stable. Among the 70 large and medium-sized cities, there were 40 and 57 cities where the sales prices of newly built commercial housing and second-hand residential buildings fell month-on-month, respectively, all of which increased slightly from the previous month.
Source: National Statistical Office
Specifically, statistics bureau data show that in February, the sales price of newly built commodity residential buildings in first-tier cities rose by 0.5% month-on-month, an increase of 0.1 percentage points from the previous month, of which Beijing, Shanghai, Guangzhou and Shenzhen rose by 0.6%, 0.5%, 0.6% and 0.4% respectively; second-hand residential buildings in first-tier cities rose by 0.5% month-on-month, an increase of 0.4 percentage points over the previous month, of which Beijing, Shanghai and Guangzhou rose by 0.7%, 0.9% and 0.6% respectively, and Shenzhen fell by 0.2%.
The sales price of newly built commodity residential buildings in second-tier cities turned flat from 0.1% last month; second-hand residential buildings fell by 0.3% month-on-month, a decline of 0.1 percentage points over the previous month. The sales price of newly built commodity residential buildings in third-tier cities fell by 0.3% month-on-month, a decline of 0.1 percentage points from the previous month; second-hand residential buildings fell by 0.4% month-on-month, the same decline as the previous month.
05 Electricity consumption in the first two months of the whole society increased by 5.8% year-on-year
On March 15, the National Energy Administration released data showing that from January to February, the total electricity consumption of the whole society was 1,346.7 billion kWh, an increase of 5.8% year-on-year. Among them, in February, the mainland's economy continued to recover steadily, and the electricity consumption of the whole society continued to grow, reaching 623.5 billion kWh, an increase of 16.9% year-on-year.
The "Electricity Consumption in January-February 2022" released by the China Electricity Council on the same day pointed out that from January to February, the primary industry and urban and rural residents maintained double-digit growth in domestic electricity consumption; the growth rate of electricity consumption in 17 provinces in the country exceeded the national average; the growth rate of electricity consumption in industry and manufacturing was lower than the average level of the whole society; the electricity consumption in the chemical industry was positive, and the electricity consumption in building materials, black and non-ferrous industries was negative.
The data shows that from January to February, the primary industry electricity consumption was 16.3 billion kWh, an increase of 12.8% year-on-year; the secondary industry electricity consumption was 841.3 billion kWh, an increase of 3.4%; the tertiary industry electricity consumption was 248.8 billion kWh, an increase of 7.2%; and the domestic electricity consumption of urban and rural residents was 240.3 billion kWh, an increase of 13.1% year-on-year.
Judging from the situation in various places, from January to February, except for Yunnan, Tianjin and Inner Mongolia, the electricity consumption of other provinces in the whole society achieved positive growth. Among the top 5 provinces in terms of electricity consumption growth rate in the whole society, Tibet grew by 25.1%; Jiangxi by 16.9%; Hubei by 14.8%; Anhui by 14.5%; and Zhejiang by 11.8%.
It is worth noting that the electricity consumption situation in industry and manufacturing is not optimistic. From January to February, the national industrial electricity consumption was 825.7 billion kWh, an increase of 3.6% year-on-year, and the growth rate was 22.1 percentage points lower than the same period last year, accounting for 61.3% of the total social electricity consumption.
From January to February, the national manufacturing industry electricity consumption was 611.6 billion kWh, an increase of 0.5% year-on-year, and the growth rate was 26.3 percentage points lower than the same period last year. Among them, the growth rate of high-tech and equipment manufacturing industry fell the most from the same period last year, reaching 42.9 percentage points, followed by consumer goods manufacturing, with a growth rate of 37.2 percentage points lower than that of the previous year.
The growth rate of the four high-energy industries fell the least, reaching 19.7 percentage points. Among them, the electricity consumption of the chemical industry increased by 4.9% year-on-year, and the growth rate fell by 9.4 percentage points over the same period of the previous year; while the electricity consumption of the building materials industry, the ferrous metal smelting industry and the non-ferrous metal smelting industry showed negative growth, down 7.0%, 5.0% and 0.1% year-on-year, respectively.
The China Electricity Council expects that the electricity consumption of the whole society in 2022 will be 8.7 trillion kWh - 8.8 trillion kWh, an increase of 5% -6% year-on-year, and the overall growth rate of the whole society in each quarter will show a quarterly upward trend. The overall balance of electricity supply and demand in the country is tight in some areas during the peak summer and peak winter。
1.1
IMF: The Ukraine crisis may fundamentally change the global economic order
The International Monetary Fund (IMF) said on the 15th that in the long run, the Ukrainian crisis may fundamentally change the global economic and geopolitical order.
A number of IMF officials, including Lee Chang-yong, director of the Asia-Pacific Department, jointly wrote on the same day that the impact of the Ukrainian crisis on the economies of various regions of the world is mainly transmitted through three channels: one is that the rise in commodity prices such as food and energy further pushes inflation, which in turn erodes income and hits demand; second, economies adjacent to Russia and Ukraine face problems such as trade, supply chain and remittance disruptions; third, the decline in business confidence and rising uncertainty put pressure on asset prices. This could lead to tighter financial conditions and international capital outflows from emerging markets.
In the longer term, the Crisis in Ukraine could lead to a shift in energy trade, supply chain reallocation and fragmentation of payment networks, and prompt countries to reconsider their foreign exchange reserves, which would fundamentally alter the global economic and geopolitical order and further increase the risk of global economic fragmentation, particularly in trade and technology, IMF officials said.
IMF officials stressed that the economic consequences of the crisis in Ukraine underscored the importance of establishing a global safety net and regional arrangements to provide an economic buffer.
1.2
Zelenskiy: The positions of Ukraine and Russia are more realistic
Negotiations will continue
In the early morning of the 16th local time, Ukrainian President Zelenskiy said through a video speech that in the process of Ukrainian-Russian negotiations, the positions of the two sides are more realistic. Zelenskiy said negotiations between the two sides will continue, but it will take time to reach concrete results.
1.3
U.S. President Joe Biden will announce the offer to Ukraine
$1 billion in military aid
According to the Wall Street Journal reported on March 15 local time, a US official revealed that US President Biden will announce new military assistance worth more than $1 billion to the Ukrainian government as early as Wednesday. The $1 billion aid program will reportedly be used more for anti-armor and air defense systems. The aid will come from the approximately $13.6 billion in humanitarian and security assistance to Ukraine that was previously signed.
Earlier, according to Reuters and the American Broadcasting Corporation quoted white house officials, US President Biden is expected to announce an additional $800 million in military assistance to Ukraine on the 16th.
02 Brazil found 2 cases of Delta and Omiqueron for the first time
Conjugated cases of mutant strain infection
On March 15, local time, the Brazilian Ministry of Health confirmed that there were 2 cases of infection of the variant strain of Delta and Omiqueron combined in Brazil, which was the first case of infection of this strain in Brazil.
The two cases were found in the northern Brazilian states of Pará and Amapá, respectively. Pakistan's health minister, Marcelo Kairoga, said the discovery of this new strain was related to Brazil's improved genomic detection capabilities. He said that in order to deal with the new strain, it is necessary to carry out the vaccination of the booster needle, and the Brazilian people should not panic.
In January 2022, France detected the first cases of infection with variant strains of the Delta and Omiljung genes. Since then, belgium, Germany, Denmark and the Netherlands have also been found to have cases of infection with this strain. Currently, the variant is known as "Delta Croon" in social media and AY.4/BA.1 in medical research publications.
03 New Zealand tentatively opens its borders to visa-free countries from 2 May
On March 16, local time, New Zealand Prime Minister Ardern announced a new border opening plan.
The plan includes opening the border to visitors to Australia from 12 April and tentatively opening the border to new Zealand visa-free countries and other countries already holding New Zealand visas from 2 May.
Inbound visitors are required to receive two doses of covid-19 vaccination and provide a negative COVID-19 test report before boarding. Eligible tourists can enter the country without quarantine.
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Source: Bay Area Financial Comprehensive Report