Daily Macro Economy News on 25th,April

1、China will speed up digital technology innovation  applications and give a full play to the advantages of massive data scale and rich application scenarios

2、Securities Times: This year's centralized land supply policy has been optimized, after the pilot 22 cities generally released a list of land to be sold in 2023, and take a "multiple small amount" mode of land supply 

3、Xin Guobin, the Vice Minister of MIIT, said that they will seriously study the development and timely launch of effective policies to stabilize and expand vehicle consumption

4、Eleven departments jointly issued the Carbon Emissions Peak and Carbon Neutral Standard System Construction Guidelines

5、Domestic futures night market situation in closing price mostly increased overnight

International News

1、Thailand's Central Bank governor said he will support greater use of the yuan in trade and plans to meet with Chinese central bank officials next month

2、ECB Executive Committee member Schnabel said it is clear that further rate hikes are needed, but the magnitude of the hike will depend on the upcoming data and the possibility of a 50 basis point hike cannot be ruled out

3、BOJ: CPI excluding energy factors is expected to slow down soon and will continue to conduct a accommodative monetary policy in line with the inflation outlook,and it is not yet the stage to discuss how to normalize the YCC

4、ECB Executive Director Panetta said that global political frictions could throw the economy and inflation into turmoil. The so-called fragmentation could affect the ECB's monetary policy

1、China will speed up digital technology innovation applications and give a full play to the advantages of massive data scale and rich application scenarios

Ding Xuexiang, the Vice Premier of the State Council, points out that China will accelerate the digital technology innovation application, give a full play to the advantages of massive data scale and rich application scenarios, promote the compliance and efficient circulation of data, strengthen and expand the digital economy, enhance the new momentum of economic development, and provide strong support for promoting high-quality development.

2、Securities Times: This year's centralized land supply policy has been optimized, after the pilot 22 cities generally released a list of land to be sold in 2023, and take a "multiple small amount" mode of land supply

As of April 21^st, 18 of the 22 cities have completed the first round of centralized land auction in 2023, of which 48% are "topping out", with Hefei, Chengdu, Hangzhou, and Shanghai topping out exceeding 60% of the lots.

3、Xin Guobin, the Vice Minister of MIIT, said that they will seriously study the development and timely launch of effective policies to stabilize and expand vehicle consumption

Xin Guobin, the Vice Minister of the Ministry of Industry and Information Technology (MIIT) said that they will seriously study the development and timely launch of effective policies to stabilize and expand vehicle consumption and establish the inter-ministerial coordination system for the development of the new energy vehicle industry. Promote research and as soon as possible to clarify the policy of car purchase tax reduction after 2023, develop accelerated charging and replacement construction, launch the promotion and application of new energy vehicles in the public sector and other support policies.

4、Eleven departments jointly issued the Carbon Emissions Peak and Carbon Neutral Standard System Construction Guidelines

Eleven departments jointly issued the Carbon Emissions Peak and Carbon Neutral Standard System Construction Guidelines, it pointed out that based on the basic general standards, as well as carbon emission reduction, carbon removal, carbon markets and other development demands, the carbon emission peak and carbon neutral standard system has basically established. By 2025, no less than 1000 national standards and industry standards will be revised.

5、Domestic futures night market situation in closing price mostly increased overnight

No. 20 rubber rose more than 4%, rubber rose nearly 4%, cotton and fuel oil rose nearly 3%; soda ash fell nearly 3%. Base metals were in a mixed situation, which Shanghai nickel rose 0.52%, stainless steel rose 0.3%, Shanghai lead fell 0.07%, Shanghai aluminum fell 0.37%, Shanghai copper fell 0.45%, Shanghai zinc fell 1.29%.

International News

1、Thailand's Central Bank governor said he will support greater use of the yuan in trade and plans to meet with Chinese central bank officials next month

Thailand's central bank governor says he will support greater use of the yuan in trade and plans to meet with Chinese central bank officials next month.

2、 ECB Executive Committee member Schnabel said it is clear that further rate hikes are needed, but the magnitude of the hike will depend on the upcoming data and the possibility of a 50 basis point hike cannot be ruled out

ECB Executive Committee member Schnabel said it is clear that further rate hikes are needed, but the magnitude of the hike will depend on the upcoming data and the possibility of a 50 basis point hike cannot be ruled out.

3、BOJ: CPI excluding energy factors is expected to slow down soon and will continue to conduct a accommodative monetary policy in line with the inflation outlook,and it is not yet the stage to discuss how to normalize the YCC

Bank of Japan (BOJ) Governor Kazuo Ueda indicates that the CPI excluding energy factors is expected to slow down soon and will continue to conduct accommodative monetary policy in line with the inflation outlook. It is not yet the stage to discuss how to normalize the yield curve control (YCC).

4、ECB Executive Director Panetta said that global political frictions could throw the economy and inflation into turmoil. The so-called fragmentation could affect the ECB's monetary policy

ECB Executive Director Panetta said that global political frictions could throw the economy and inflation into turmoil. So-called fragmentation could affect the ECB's monetary policy

Domestic Macro Economy Index