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Official of the National Development and Reform Commission: More active and promising, and the Central Economic Work Conference highlights the large space for follow-up policies. Liu Jianxing, deputy director of the Institute of Market and Price of the National Development and Reform Commission, believes that expanding domestic demand in an all-round way is an effective way to cope with external shocks and stabilize economic operation, and it is also a long-term strategy to enhance development initiative. In the current situation of increasing export uncertainty, expanding domestic demand in an all-round way plays a vital role in stabilizing economic growth, promoting economic restructuring and transformation and upgrading. (Xinhua Finance)Sources: Leaders of Germany, France, Poland, NATO and other countries will meet in Brussels on Wednesday to discuss Ukraine. Zelensky will also attend the Ukrainian meeting.The yield of German 10-year government bonds is the biggest weekly increase since mid-April. The yield of German 10-year government bonds hit the highest level since November 25th, at 2.233%.

In November, personal housing loans stabilized and rebounded. On December 13, the central bank released financial statistics for November 2024. The financial data was generally stable and maintained strong support for the real economy. It is noteworthy that the growth rate of household loans has been rising recently, mainly because personal loans have stabilized and rebounded. From the perspective of residents' departments, the short-term and medium-and long-term loans in the first 11 months increased by 1.29 trillion yuan and 453.8 billion yuan respectively, of which the medium-and long-term loans of residents increased by 66.9 billion yuan in November, increasing for two consecutive months. With the intensive introduction and effective implementation of a package of incremental policies, social expectations and market confidence are gradually picking up. Market experts generally predict that the effective financing demand in the market will be further improved, financial resources will flow more to major strategies, key areas and weak links, and financial support for the high-quality development of the real economy will be more powerful and effective. (21 Finance)Ministry of Commerce: Innovate diversified consumption scenarios, expand service consumption, and actively develop the starting economy. On December 13, Wang Wentao, Party Secretary and Minister of the Ministry of Commerce, presided over a special meeting of the party group to convey the spirit of studying the Central Economic Work Conference, and study and deploy the implementation work. The meeting stressed that it is necessary to vigorously boost consumption. We will intensify efforts to expand the scope, implement the trade-in policy for consumer goods, innovate diversified consumption scenarios, expand service consumption, and actively develop the first-round economy. It is necessary to expand high-level opening to the outside world and stabilize foreign trade and foreign investment. We will expand independent opening and unilateral opening in an orderly manner, steadily expand institutional opening, and promote the free trade pilot zone to improve quality and efficiency and expand the reform mandate. Efforts should be made to stabilize trade in goods and actively develop service trade, green trade and digital trade. We will deepen the reform of foreign investment promotion system and mechanism, steadily push forward the opening of service industry, expand the pilot projects in the fields of telecommunications, medical care and education, and continue to build the brand of "Investing in China". Promote high-quality joint construction of the "Belt and Road", deepen and implement, and improve the overseas comprehensive service system.The yield of German 10-year government bonds is the biggest weekly increase since mid-April. The yield of German 10-year government bonds hit the highest level since November 25th, at 2.233%.

Minister of Labor of Canada: I asked the Canadian Industrial Relations Committee whether it was determined that the Canadian labor dispute case was deadlocked.Institution: The European Central Bank is paying attention to the weakness of the euro. The European Central Bank said yesterday that inflation is slowing down and hinted that it will cut interest rates again. However, Joost Van Leenders, an analyst at Van Lanschot kemen, said in a report that the European Central Bank will pay close attention to the recent weakness of the euro. As the import price rises, a weak currency may push up inflation. The senior investment strategist said that since the current deposit interest rate in the euro zone is 3% and the neutral interest rate is around 2%, the European Central Bank will cut interest rates at least four times. However, European Central Bank President Lagarde stressed that the inflation risk is two-sided.Tesla rose 2.5% and will launch the advanced intelligent summoning ASS function. Tesla (TSLA.US) rose 2.5% in intraday trading to $428.8. Tesla China official website launched a brand-new car function today-Actually Smart Summon. This function is suitable for Tesla vehicles with EAP (enhanced automatic driving assistance function) or FSD (full automatic driving capability). Tesla owners can automatically park the vehicle from the parking space and drive to the owner's side or the location designated by the owner on the mobile phone by operating on the Tesla application of the mobile phone, and the vehicle needs to be kept within the owner's sight during the moving process. It is reported that this function will be pushed to the owner through OTA remote software update function.