Intensive introduction of ＂hardcore＂ measures China’s economy is stable and far-reaching.

CCTV News:Today (December 22nd), a series of exciting news about economy, finance and engineering construction were announced, involving China’s fiscal policy, RMB deposit interest rate, renovation of old residential areas, food security and many other aspects. A series of "hard core" measures have been introduced intensively, and China’s economy is stable and confident.

Data on China’s economic vitality

Lan Foan, Minister of Finance, said at the National Financial Work Conference that in 2024, it is necessary to strengthen the countercyclical and cross-cyclical adjustment of macro policies, continue to implement a proactive fiscal policy, moderately increase efforts, improve quality and increase efficiency. In terms of "moderate afterburner", we will maintain an appropriate expenditure intensity and release a positive signal next year.

Five major commercial banks cut interest rates on RMB deposits

Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank and Bank of Communications announced that they would lower the listing interest rate of RMB deposits from today. Including call deposit, lump-sum deposit and withdrawal, lump-sum deposit and withdrawal, deposit and withdrawal of interest, etc. Among them, the three-month, six-month and one-year time deposits were lowered by 0.1 percentage point, the two-year time deposits were lowered by 0.2 percentage point, and the three-year and five-year time deposits were lowered by 0.25 percentage point.

Shanghai Customs: Shanghai’s total foreign trade value reached a new high in the first 11 months.

In the first 11 months of this year, Shanghai’s total import and export value reached 3.86 trillion yuan, a year-on-year increase of 1.2%, a record high. Among them, exports were 1.59 trillion yuan, an increase of 1.7%; Imports reached 2.27 trillion yuan, up by 0.8%. Shanghai’s integrated circuit field is showing a booming trend of import and export.

In the first 11 months, China’s foreign non-financial direct investment increased by 18.4% year-on-year

1— In November, China’s foreign non-financial direct investment was 814.54 billion yuan, up 18.4% year-on-year. Among them, the non-financial direct investment of Chinese enterprises in building the "Belt and Road" countries was 201.17 billion yuan, a year-on-year increase of 26.8%.

The overall development plan of two cooperation zones in Hengqin Qianhai was released.

Yesterday, the Overall Development Plan of Hengqin Guangdong-Macao Deep Cooperation Zone and the Overall Development Plan of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone were released. According to the overall plan, Hengqin Cooperation Zone should build a new high-level open system integrated with Macao, and constantly improve the new system of Guangdong-Macao cooperation, joint construction, joint management and sharing. Qianhai plays a greater role in deepening Shenzhen-Hong Kong cooperation, supporting Hong Kong’s economic and social development and participating in international cooperation at a high level.

People’s livelihood and well-being

By November, 53,000 old residential areas had been newly renovated.

This year, all localities promoted urban renewal in an orderly manner, and newly started to renovate 53,000 old urban communities. By the end of November, about 66,000 urban renewal projects had been implemented nationwide. Among them, 53,000 old urban communities were newly renovated, benefiting 8.82 million households; Install 32,000 elevators, add 746,000 parking spaces, and add 14,000 community service facilities such as old-age care and nursery; The transformation of urban gas and other pipelines is about 100,000 kilometers.

Engineering construction

Closure of the World’s Largest Span Steel Truss Arch Bridge for Highway and Railway

Today, the Tianxingzhou Waterway Bridge of Changtai Yangtze River Bridge is closed, and the main span of the Waterway Bridge is 388 meters, which is the largest span steel truss arch bridge in the world. Changtai Yangtze River Bridge, with a total length of 10.03 kilometers, connects Changzhou and Taizhou, Jiangsu Province. It is the world’s first river-crossing passage integrating expressways, intercity railways and ordinary highways, and it is planned to be completed in the first half of 2025.

Reconstruction and expansion project of Beijing-Tianjin-Tangshan Expressway (Tianjin section) started.

Beijing-Tianjin-Tangshan Expressway was opened to traffic in September 1993, which is an important traffic trunk line connecting Beijing, Hebei and Tianjin. At the same time, as the starting point of G2 Beijing-Shanghai Expressway, it is also known as the "golden channel" in Beijing-Tianjin-Hebei region. As an important traffic trunk line between Beijing, Tianjin and Hebei, the reconstruction and expansion project of Beijing-Tianjin-Tangshan Expressway (Tianjin section) was officially launched today, and the reconstruction and expansion period is expected to be three years.

Energy supply guarantee

The total installed capacity of renewable energy in China accounts for more than 50% of the total installed capacity of power generation.

In 2023, China’s energy security and stable supply capacity will be steadily enhanced, and the pace of energy green and low-carbon transformation will be accelerated. The total installed capacity of renewable energy continuously exceeded 1.3 billion and 1.4 billion during the year, reaching 1.45 billion kilowatts, accounting for more than 50% of the total installed capacity of power generation in China; Renewable energy generates 3 trillion kWh of electricity, accounting for about one-third of the electricity consumption of the whole society, and has become a new force to ensure power supply. In 2023, the total installed capacity of electricity reached 2.9 billion kilowatts, a year-on-year increase of 12.9%. Among them, the total installed capacity of scenery has exceeded 1 billion kilowatts, and its main position in the newly installed power has been further consolidated.

Daguo granary

Heilongjiang grain production has achieved "20 consecutive bumper harvests"

According to the data of grain output released by the National Bureau of Statistics in 2023, the grain production in Heilongjiang Province has achieved "20 consecutive harvests" with a total output of 155.764 billion Jin. Now, the grain storage and processing enterprises in all parts of Heilongjiang are working at full speed to speed up the acquisition. Up to now, Heilongjiang has acquired 48.94 billion Jin of new grain.