NO.1 Wang Yi Talks with Iranian Foreign Minister: The Middle East is not a battleground for major power games
On December 28, 2024, Wang Yi, member of the Political Bureau of the Communist Party of China Central Committee and Minister of Foreign Affairs, held talks with Iranian Foreign Minister Aragorzi in Beijing. Both sides exchanged in-depth views on the current situation in the Middle East. Both sides agree that the Middle East is the Middle East for the people of the Middle East, not a battleground for great power games, nor should it become a victim of geopolitical disputes and conflicts among countries outside the region. Both sides also exchanged views on the Iranian nuclear issue. Wang Yi emphasized that China has always advocated resolving the Iranian nuclear issue through political and diplomatic channels, upholding the comprehensive agreement, and all relevant parties should play a constructive role in resuming dialogue and negotiations. (CCTV News)
Starting from January 1, 2025, China will adjust the tariff rates and tax items of some goods
On December 28th, according to the website of the Office of the State Council Tariff Commission, in accordance with the Customs Law of the People's Republic of China and relevant regulations, starting from January 1st, 2025, the State Council Tariff Commission will adjust the import tariff rates and tax items for some goods. In order to enhance the linkage effect between domestic and international markets and resources, a temporary import tax rate lower than the most favored nation tax rate will be implemented for 935 goods by 2025. One is to support the development of new quality productivity led by technological innovation, and reduce import tariffs on special purpose vehicles such as cyclic olefin polymers, ethylene vinyl alcohol copolymers, automatic transmissions for fire trucks and emergency repair vehicles. The second is to ensure and improve people's livelihoods in development, reduce import tariffs on sodium zirconium silicate, virus carriers for CAR-T tumor therapy, nickel titanium alloy wires for surgical implantation, etc. Thirdly, we will promote green and low-carbon development by reducing import tariffs on ethane and some recycled copper and aluminum raw materials.
NO.3 In 2024, the box office of Chinese New Year movies exceeded 2.5 billion yuan
According to online platform data, as of 19:09 on December 28th, the box office (including pre-sales) of the 2024 New Year holiday (November 22nd to December 31st) has exceeded 2.5 billion yuan. In addition, as of 23:46 on December 28, 2024, the total number of moviegoers in 2024 has exceeded 1 billion! The total box office was 42.126 billion yuan, with a total of 143 million screenings and an average ticket price of 42.1 yuan. "Catch the Doll" leads the 2024 movie attendance chart.
NO.4 New generation AI big model launched! Predictable global ocean state variables within 7 days
On December 28th, the global high-resolution ocean model "Langya" 1.0 was released. It is reported that "Langya", independently developed by the Institute of Oceanography, Chinese Academy of Sciences, is a new generation of large artificial intelligence model for forecasting ocean state variables. This model integrates advanced artificial intelligence algorithms with professional marine science knowledge. Version 1.0 has achieved high-precision forecasting of global ocean state variables in the short to medium term, and can predict global ocean state variables such as temperature, salinity, and ocean currents for the next 1 to 7 days at once, with a spatial resolution of 1/12; deg;， The time resolution is 24 hours, significantly improving the accuracy and reliability of global ocean forecasting. (CCTV News)
Official Announcement No. 5: Tourists are required to pay extra when booking a room for 3000 yuan: The situation is true, and the business will be closed for rectification
According to New Yellow River, a netizen recently posted a video claiming that they had booked a 3000 yuan accommodation at the Linhai Snow Plain Scenic Area in Hailin City, but were asked to pay an additional fee the next day. On December 28, according to the "Hailin Release" WeChat official account, the Hailin Linhai Snow Garden Tourism Scenic Spot Management Committee issued a notice that, after investigation, the hotel in question was located in Yong'an Forest Farm, 13 kilometers away from the Xuexiang Scenic Spot. Internet users reported that the situation was true, and the hotel had committed an illegal act of failing to provide accommodation services as agreed. According to the relevant provisions of the Implementation Regulations of the Consumer Rights and Interests Protection Law of the People's Republic of China, the business entities involved have been lawfully suspended for rectification. After completing the relevant legal procedures, the business entities involved shall be strictly punished in accordance with the law. (Each synthesis)
NO.6 Guilin Municipal Party Secretary Zhou Jiabin under investigation
On December 28th, the website of the Central Commission for Discipline Inspection and the National Supervisory Commission announced that Zhou Jiabin, a member of the Party Group and Deputy Director of the Standing Committee of the Guangxi Zhuang Autonomous Region People's Congress, and Secretary of the Guilin Municipal Party Committee, is suspected of serious violations of discipline and law and is currently undergoing disciplinary review and supervision investigation by the Central Commission for Discipline Inspection and the National Supervisory Commission.
NO.7 International News
Russian and Azerbaijani presidents speak on phone, Putin apologizes for plane crash
On the 28th local time, Russian President Putin and Azerbaijani President Aliyev had a phone call regarding the AirAsia crash. The Kremlin announced that on the same day, at the initiative of the Russian side, Putin had a phone call with Aliyev. Both sides discussed in detail the issues related to the crash of an Azerbaijan Airlines plane on December 25th. Putin apologizes for the physical and technological interference that caused the crash of the passenger plane operated by AirAsia on the Baku Grozny route into Russian airspace, and once again expresses deep and sincere condolences to the families of the victims, wishing the injured a speedy recovery. (CCTV News)
Japan's defense budget reaches a new high of over 8 trillion yen
On December 27th, the Japanese government approved the budget for the fiscal year 2025 (April 2025 to March 2026) at a cabinet meeting, with a defense budget of 8.7005 trillion yen (1 yen is about 0.0463 yuan), a significant increase for the third consecutive year and reaching a new high. Compared to the 2024 fiscal year, the defense budget for the 2025 fiscal year has increased by approximately 9.4%. (CCTV News)
Sports News
The overall schedule of the 9th Asian Winter Games in 2025 (version 3.0) has been officially released
On December 28th, the organizing committee of the 9th Asian Winter Games in 2025 released the overall schedule of the Asian Winter Games competitions (version 3.0). The opening date of the Asian Winter Games is February 7th, 2025, and the closing date is February 14th. Due to the large number of countries/regions participating in ice hockey and curling, the ice hockey competition of the Asian Winter Games will begin on February 3rd, and the curling competition will begin on February 4th. (CCTV News)
WTT issues statement on Fan Zhendong and Chen Meng's withdrawal from the International Table Tennis Federation world rankings
On the evening of December 28th, in response to the withdrawal of Fan Zhendong and Chen Meng from the International Table Tennis Federation world rankings, WTT issued a statement expressing deep respect for their contributions, which have inspired countless fans and athletes around the world. Regarding the concerns raised about the WTT manual, it was clarified that the rules mentioned by Fan Zhendong and Chen Meng are not the latest ones. The punishment for non participating players aims to support the WTT calendar structure and ensure that fans, organizers, event partners, and broadcasting partners can see the world's top players participating. The main changes to the WTT manual in 2025 are: the total bonus pool of WTT will increase by 20%, and adjustments have been made to the distribution of total bonuses to increase the proportion of the final rounds of bonuses. Completely lift restrictions and corresponding fines on players who withdraw from WTT tournaments and participate in non WTT table tennis tournaments in the next tournament week. (CCTV News)
NO.1 Lei Jun: Xiaomi SU7 has delivered over 130000 units, and we will expand our production capacity to ensure delivery
Xiaomi Auto: On December 28th, Lei Jun stated on Weibo that today is December 28th, and on this day last year, Xiaomi Auto officially met with everyone. This year, Xiaomi Auto successfully achieved all its annual goals and also gained unexpected results and reputation: as of now, the delivery volume of Xiaomi SU7 has exceeded 130000 units, and we will expand production capacity to ensure delivery; This year, we have continued to expand our sales network and have opened 200 stores, covering 58 cities across the country; We always insist on investing in underlying core technologies, with a current R&D investment of over 13 billion and over 1000 patent authorizations. We will continue to deepen our cultivation in fields such as intelligent driving, three electric systems, intelligent chassis, and intelligent cockpit.
Comment: Xiaomi's SU7 delivery volume exceeded expectations, sales network continued to expand, research and development investment increased, demonstrating the company's strong development momentum.
NO.2 Honor has completed its share reform and changed its company name to "Honor Terminal Co., Ltd."
Honor: According to informed sources, Honor has made smooth progress since launching its shareholding reform in the fourth quarter of 2024. The reform was completed today (December 28, 2024), and the name of Honor Terminal Company has been changed to "Honor Terminal Co., Ltd. The person stated that this shareholding reform involves changes in the company's form and name, which will not affect the company's daily operations. After the completion of the shareholding reform, Honor will timely initiate the IPO process, and further information will be disclosed to the public in the corresponding process. In order to achieve the company's strategic development in the next stage, Honor will promote the company's entry into the capital market through initial public offering. (Securities Times)
Comment: Honor has completed its shareholding reform and changed its company name, paving the way for an IPO. It is expected to achieve further development through the capital market.
NO.3 NIO sues a batch of accounts
NIO (stock price $4.48, market value $9.365 billion): On December 28th, according to NIO's legal department Weibo, the company's recent measures to protect its own rights and interests in accordance with the law: “Super Wade”、 Some online accounts such as "Baolijie New Energy", "Electric Vehicle Urging", "Dengshu has a Car Talk", "Jinjiao Finance", "Tech Dafeng Car" fabricate false information, maliciously distort the company's operating conditions, and spread rumors about NIO's accounting period; Accounts such as "2018 Armor Dragon" and "Accidentally Lost" continue to post highly misleading content and images under NIO related content, continuously attacking NIO, denigrating and insulting the NIO brand and NIO users. NIO has established evidence regarding the aforementioned actions and has filed lawsuits against a group of accounts, including the aforementioned ones, in multiple courts.
Comment: NIO protects its rights in accordance with the law, sues online accounts that fabricate false information, and safeguards the company's brand image and user rights.
NO.4 Liu Qiangdong: Increase holdings! Up to 100 million yuan!
JiaShi Fund: On December 28th, JiaShi Fund released an announcement regarding JiaShi JD Warehousing Infrastructure REIT's plan for concerted action by original equity holders to increase their holdings of fund shares. According to the announcement, Liu Qiangdong, founder and chairman of JD Group, as a concerted action person of the original equity holders of the fund, plans to increase his holdings of the fund shares through secondary market purchases or other methods recognized by the exchange within 24 months from the date of the announcement, based on his confidence in the future development prospects of the fund and logistics infrastructure projects and recognition of their long-term investment value, with an increase amount not exceeding 100 million yuan.
Comment: Liu Qiangdong's increase in holdings of Jiashi JD Warehousing Infrastructure REIT demonstrates confidence in the future development prospects of logistics infrastructure projects.
Singapore oil tycoon Lim Eng Kiong announces bankruptcy
Xinglong Trading Company: On December 27th local time, according to the Singapore government's electronic gazette, the bankruptcy order made by the Supreme Court of Singapore against the founder of Xinglong Trading Company, Lim Oon Kuin, and his children Lim Huey Ching and Lim Chee Meng has come into effect on December 19th, 2024. Both of Lynn Qiang's children are directors of the company. In November of this year, Singaporean oil tycoon and founder of Xinglong Group, Lynn Qiang, was sentenced to 17 and a half years in prison by the court for deceiving HSBC Holdings and instigating the forgery of documents in a case. It is reported that Lynn Qiang and his children agreed in September this year to pay $3.6 billion to their company's liquidator and creditor HSBC in another civil case, and stated that they will file for bankruptcy. (Interface)
Comment: The future of Xinglong Trading Company may also be seriously affected, including company operations, asset disposal, and creditor relationships.
NO.6 Korean founder's mansion auctioned off again: starting price exceeds 87 million yuan
Han Hou: On December 28, 2024, according to Alibaba's auction platform, on February 7, 2025, the luxury home of Wang Guoan, founder of the domestic beauty brand Han Hou, and his ex-wife Ni Suting located in Huiyuetai, Tianhe District, Guangzhou, will be publicly auctioned again. The property has an area of 365 square meters and a starting price of approximately 87.41 million yuan, an increase of 17.41 million yuan from the last auction. This auction is due to Wang Guoan's involvement in economic disputes and the need to repay personal debts. In December 2023, the property was put up for auction and later withdrawn. At that time, Wang Guoan responded that the auction of the property was mainly to repay personal debts and did not feel embarrassed! And he mentioned in an interview that he sold over 300 properties to pay off his 1.5 billion yuan debt. (Each synthesis)
Comment: Although the founder faces debt issues calmly, frequent asset disposals reflect brand difficulties, and future development is worrying.
NO.7, with a total amount of approximately 1.7 billion yen, Kawasaki Heavy Industries in Japan has been exposed for suspected false transactions
Kawasaki Heavy Industries: On December 26, Kyodo News reported that according to the summary of the mid-term report of the Special Defense Supervision of the Japanese Ministry of Defense, Kawasaki Heavy Industries was suspected of false transactions totaling approximately 1.7 billion yen (about 78.82 million yuan) in the six years starting from 2018. The summary of the mid-term report of the Special Defense Supervision of the Japanese Ministry of Defense involves the submarine repair contract of the Japan Maritime Self Defense Force, as well as Kawasaki Heavy Industries' alleged use of false transactions to create a "small treasury" and provide property to the Maritime Self Defense Force. The report states that the Ministry of Defense will issue a serious warning to Kawasaki Heavy Industries and demand a refund of the excess amount. (CCTV News)
Comment: Kawasaki Heavy Industries is suspected of false transactions with a huge total amount, seriously damaging the company's reputation.