Xu Hongcai, Vice Minister of finance, said yesterday that as of December 15, 3.42 trillion yuan of new special bonds had been issued, accounting for 97% of the issued amount, and the issuance work of the whole year had been basically completed. From the perspective of capital investment, all funds are used in key areas determined by the Party Central Committee and the State Council, of which about 50% are invested in transportation infrastructure, municipal and industrial park infrastructure.
The CBRC yesterday issued the notice on further promoting the standardized and healthy development of credit card business (Draft for comments) 。 It is emphasized that banking financial institutions should take effective measures to timely and accurately monitor and control the actual use of credit card funds. Credit card funds shall not be used to repay loans, investments and other fields, and shall not flow into policy restricted or prohibited fields.
The Ministry of Commerce said yesterday that at present, the development of foreign trade still faces many uncertain, unstable and unbalanced factors. The global epidemic fluctuates repeatedly, the international situation is complex, the shipping is not smooth, the chip supply shortage and other problems are difficult to be fundamentally alleviated in the short term, the comprehensive cost of enterprises remains high, and the operation of foreign trade is facing great pressure.
According to the data of the national development and Reform Commission yesterday, the power generation of industries above Designated Size in China was 7382.7 billion kwh from January to November 2021, a year-on-year increase of 9.2%. In November, the national power generation was 654 billion kwh, a year-on-year increase of 0.2%. Among them, nuclear power, wind power and solar power increased by 4.1%, 27.7% and 22.7% respectively year-on-year, and thermal power and hydropower decreased by 2.5% and 1.9% respectively year-on-year.
In December, the tire industry ushered in another round of price rise. Many tire enterprises frequently sent price rise letters, and the price rise trend has continued until January next year. It is understood that in the second half of this year, especially since the fourth quarter, tire enterprises have frequently raised product prices. At present, tire prices have increased by nearly 10% compared with the first half of this year.