Domestic News:
1. The State Administration for Market Regulation responded to the conditional approval of two Chilean companies to establish new joint ventures.
2. The State Post Bureau: my country's postal industry handled 196.75 billion parcels in the first 11 months.
3. A securities analyst: Information regarding the "tax assessment of related high-tech companies" indicates stricter assessment criteria, not a blanket ban.
4. The Ministry of Commerce: Anti-dumping duties will be levied on imported pork and pork by-products originating from the EU starting December 17, 2025.
5. The Party Group of the National Social Security Fund Council: Fully leverage the role of long-term funds and patient capital to better support the deep integration of technological innovation and industrial innovation.
6. The Central Financial and Economic Affairs Commission: Expanding domestic demand is the top priority for next year. Next year, efforts will be made to grasp the structural changes in consumption and boost consumption from both the supply and demand sides; investment and consumption growth are expected to recover next year.
International News:
1. US seasonally adjusted non-farm payrolls increased by 64,000 in November, higher than expected. 1. October non-farm payrolls fell by 105,000 month-on-month, compared to market expectations of a 25,000 decline. The US unemployment rate reached 4.6% in November, a four-year high.
2. ADP Weekly Employment Report: In the four weeks ending November 29, private sector employers added an average of 16,250 jobs per week.
3. US Treasury Secretary Bessett: Both Warsh and Hassett are capable of leading the Federal Reserve; speculation suggests the Fed Chair will be announced in early January.
4. White House National Economic Council Director Hassett: Given the positive shocks on the supply side, there is still much room for interest rate cuts.
5. Morgan Stanley: Gold is expected to continue to receive macroeconomic support and could rise to $4,800 per ounce by the fourth quarter of 2026.
6. According to Kyodo News: Japan's draft budget for fiscal year 2026 is expected to exceed 120 trillion yen in total spending.
7. The draft shows that the EU will impose carbon border taxes on more products.
