European Central Bank President Lagarde: The European Central Bank will pay attention to the impact of the exchange rate on the economy. European Central Bank President Lagarde: The European Central Bank will pay attention to the impact of the exchange rate on the economy.The gap between Italian and German government bond yields widened to 111 basis points, the highest level in a week.Pan Yuanyuan, Associate Research Fellow, Institute of World Economics and Politics, China Academy of Social Sciences: China's determination to expand high-level opening-up has not changed. The Central Economic Work Conference proposed to expand high-level opening-up and stabilize foreign trade and foreign investment. We will expand independent opening and unilateral opening in an orderly manner, steadily expand institutional opening, promote the quality improvement and efficiency improvement of the free trade pilot zone and expand the reform mandate, and accelerate the implementation of the core policy of Hainan Free Trade Port. Actively develop service trade, green trade and digital trade. Deepen the reform of foreign investment promotion system and mechanism. We will steadily open up the service industry, expand pilot projects in the fields of telecommunications, medical care and education, and continue to build the brand of "Invest in China". Promote high-quality joint construction of the "Belt and Road", deepen and improve the overseas comprehensive service system. Pan Yuanyuan, an associate researcher at the Institute of World Economics and Politics of China Academy of Social Sciences, said that the current situation of attracting foreign investment is rather grim, and the Central Economic Work Conference put forward the policy of expanding independent opening and unilateral opening, showing great determination to open up. In the face of difficulties and challenges, China is still actively exploring win-win cooperation with other countries and becoming a "stabilizer" in the turbulent international environment. Pan Yuanyuan believes that the current structure of attracting foreign investment in China has changed, and the service industry has great potential to attract foreign investment. Therefore, the next step is to further open the service industry. "Relying on China's large domestic market and industrial advantages, China has sufficient stamina to attract foreign investment and foreign investment." (SSE)
Market News: Trump Group plans to cooperate with DAR GLOBAL to build Trump Tower in Riyadh, Saudi Arabia.US National Security Adviser Sullivan: Sweden is conducting in-depth consultations with Israel on the Syrian issue.South Asia Stock Market | Pakistan Stock Index closed up more than 3%, and Sri Lanka Stock Market continued to hit a record high. On Thursday (December 12), the KSE 100 Index of Karachi Stock Exchange of Pakistan closed up 3.04% to 114,000 points, which was the second consecutive trading day. Karachi's all-share index closed up 2.45% to 72,109.52 points, which also continued to hit a record high. The total share price index of Colombo, Sri Lanka, closed up 1.09% to 14,035.81 points, hitting a record high for several consecutive days. Since the close on November 25th, the cumulative increase has exceeded 9.00%. The Bangladesh DSE Generalized Index closed down 0.37% to 5105.43 points, with a cumulative decline of 1.76% this week (five consecutive natural days).
Wu Yaping, Research Fellow, Investment Research Institute, National Development and Reform Commission: Enhance the consistency of macro-policy orientation and give full play to the combination of different policy tools. The Central Economic Work Conference proposed to integrate economic policies and non-economic policies into the consistency assessment of macro-policy orientation, coordinate the whole process of policy formulation and implementation, and improve the overall effectiveness of policies. In this regard, Wu Yaping, a researcher at the Investment Research Institute of the National Development and Reform Commission, said that to enhance the consistency of macro-policy orientation, it is necessary to strengthen and improve the evaluation of macro-policy consistency, give full play to the combined force of more active fiscal policy and moderately loose monetary policy, and give play to the combined role of different policy tools. It can be understood as "three plus": increasing fiscal and monetary policies, strengthening support for "duality" and "two innovations", and strengthening efforts to prevent and resolve risks in key areas. "The external environment will face greater uncertainty next year. We must adhere to' taking me as the main factor', strengthen the research on reserve policy, and fight for preparation." Wu Yaping said. (SSE)GBP/USD fell more than 0.50% in the day, and now it is reported at 1.2687.US National Security Adviser Sullivan: When I met with Israeli Prime Minister Benjamin Netanyahu, I felt that he was ready to reach an agreement.