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Ning Gaoning: Electric vehicles are an industry that will lead the development of China in the future. The global market is very envious. Ning Gaoning, the 13th member of the Standing Committee of Chinese People's Political Consultative Conference and former party secretary and chairman of China Sinochem Holdings Co., Ltd., mentioned at the annual meeting of Chinese business leaders that China may become a sustainable country after China is a manufacturing power. "There are many volumes of electric vehicles in China and how much competition there is. In fact, in the whole global market, everyone has brought great envy to electric vehicles in China, including a vision for the future, which is the industry that will lead the development of China in the future." (Rui Jian)Wafer factory "bargains for orders"? Insiders: It's not so exaggerated that there is no need for drastic price reduction at present. Recently, some industry media reported that the Chinese mainland wafer foundry has overflowed its capacity and is striving for more IC design factory orders to return at a low price discount. A manager of Chinese mainland Head Wafer Factory told reporters that the actual situation was "not as serious as reported by the media, and not so exaggerated". The source said that since the fourth quarter of this year, the quotation of its wafer factory has been "stable at present". In the fourth quarter, product orders from display drivers, power management and other categories were "not bad", and the market demand was similar to that previously publicly disclosed. The independent control of the mainland market is still the main theme. It is understood that the fourth quarter is usually the "off-season" of the wafer foundry industry, and downstream customers will review the sales plan at the beginning of the year, and they are not willing to stock up and receive goods. A person from a consumer chip company in Chinese mainland said, "Fab factories generally adjust prices according to market supply and demand." Yang Shengxin, a senior analyst of Sigmaintell's semiconductor business unit, said in an interview that according to the observation of Sigma Intell, Chinese mainland's wafer factory decreased by about 5% in the fourth quarter of 2024, and concentrated on 12-inch products; The price of China Taiwan Province Wafer Factory has not changed significantly. (science and technology innovation board Daily)Challenging the monopoly of Europe and America, Chinese and Indian manufacturers have laid out the track of diet pills. For some time, GLP-1 (glucagon-like peptide -1) diet pills have caught fire in the United States and other western countries, and gradually marched into emerging markets. At present, two major pharmaceutical companies, Novo Nordisk in Denmark and Lilly in the United States, occupy most of the market share in the field of GLP-1 diet pills, but other pharmaceutical companies are also actively deploying the track. In 2026, Novo Nordisk's patent on smeagoutide will expire in China and India, while the patent on liraglutide, the main effective ingredient of the previous generation of GLP-1 diet pills, has expired in China and India. The industry believes that China and India, as two emerging markets, have a strong momentum of innovation and development in the pharmaceutical industry of both countries, and have great potential in the GLP-1 diet pills track. The entry of Chinese and Indian pharmaceutical companies will make the international competition in the field of GLP-1 diet pills more intense. (Global Times)

Moody's: Downgrading France's sovereign credit rating to Aa3, the outlook is stable.National Development and Reform Commission (NDRC): We need to further strengthen the effective consumption promotion policies and support them with greater efforts. Wu Sa, deputy director of the Institute of Economics of the Macroeconomic Research Institute of the NDRC, said that it should be said that we have accumulated more and more experience in promoting consumption this year, whether it is the stock policy or the package of incremental policies. For example, the "two new" policy and the trade-in policy of consumer goods have greatly promoted the growth of consumption. This economic work conference also clearly pointed out that the effective consumption promotion policy should be further strengthened, and the scope should be expanded, the quality should be improved, and more efforts should be made to support it, which will inevitably bring better efforts to the consumption growth of household appliances, various household appliances and so on next year. In addition, this economic work conference also put forward many new policies to promote consumption, which will also affect the improvement of our consumer market next year, so it will have a greater supporting role for the consumer market next year. (CCTV News)Former US Speaker of the House of Representatives Pelosi was injured in Luxembourg and was taken to the hospital. On December 13th, local time, former US Speaker of the House of Representatives nancy pelosi was injured while attending an official event in Luxembourg and was taken to the hospital for evaluation. It is reported that Pelosi is currently being treated by doctors and medical professionals and continues to work. (CCTV)

 National Development and Reform Commission (NDRC): We need to further strengthen the effective consumption promotion policies and support them with greater efforts. Wu Sa, deputy director of the Institute of Economics of the Macroeconomic Research Institute of the NDRC, said that it should be said that we have accumulated more and more experience in promoting consumption this year, whether it is the stock policy or the package of incremental policies. For example, the "two new" policy and the trade-in policy of consumer goods have greatly promoted the growth of consumption. This economic work conference also clearly pointed out that the effective consumption promotion policy should be further strengthened, and the scope should be expanded, the quality should be improved, and more efforts should be made to support it, which will inevitably bring better efforts to the consumption growth of household appliances, various household appliances and so on next year. In addition, this economic work conference also put forward many new policies to promote consumption, which will also affect the improvement of our consumer market next year, so it will have a greater supporting role for the consumer market next year. (CCTV News)Yu Baozhong, former member of the Party Committee and inspector of the Guangdong Provincial Department of Justice, accepted the disciplinary review and supervision investigation. According to the news of the Guangdong Provincial Commission for Discipline Inspection, Yu Baozhong, former member of the Party Committee and inspector of the Guangdong Provincial Department of Justice, was suspected of serious violation of the law and is currently under disciplinary review and supervision investigation by the Guangdong Provincial Commission for Discipline Inspection.