About 90% of China's elderly care at home. In 2024, the size of China's smart pension market may reach 6.8 trillion yuan. According to National Health Commission data, at present, China's old-age care presents a "9073" pattern, with about 90% of the elderly care at home, 7% in the community and 3% in "high-end health care". According to statistics, the smart pension market in China will reach 6.8 trillion yuan in 2024.Fitch: It is expected that the Tax Reduction and Employment Act will be extended in 2017, which may increase tariffs on Canada, restrict immigration and re-promote deregulation. It is expected that the economic growth in the United States and Canada will slow down slightly, inflation will fall, and policy interest rates will continue to be lowered.The pace of interest rate cuts may be inconsistent. The pound rose to the highest level against the euro since 2022, and the pound rose to the highest level against the euro in more than two and a half years. British government bonds fell because the market expected that the Bank of England would cut interest rates less than Europe. On Tuesday, the pound rose 0.3% against the euro to 82.50p, the first time since April 2022. British government bonds fell across the board, and the 10-year yield rose to 4.33%, the highest since November 28. Traders expect the Bank of England to stay put at its last policy meeting this year next week and maintain a cautious stance on subsequent interest rate cuts. The country's growth remains strong, while inflation in some areas remains high. At the same time, it is widely believed that the European Central Bank will cut interest rates by 25 basis points on Thursday to support the economy. "The 0.8200 mark is imminent," said Brad Bechtel, global foreign exchange director of Jefferies. "It is clear that the Bank of England will still lag far behind the European Central Bank in the pace and extent of interest rate cuts.
China Mobile cooperated with Huawei to complete the first commercial deployment of 5G EasyMacro high-precision positioning for subway tunnels in China. On December 10th, according to Huawei's official news in China, in response to the requirements for positioning capability of communication industry in China's 14th Five-Year Plan, China Mobile Design Institute and Shanghai Mobile Company cooperated with Huawei to successfully realize the first commercial deployment of 5G EasyMacro (EM) high-precision positioning solution in Shanghai subway tunnel. As an important network capability in vertical industry, the successful deployment of 5G high-precision positioning in subway tunnel scene marks a major breakthrough in 5G private network positioning technology.China Heihe-Russia Kanikurgan Highway Port passenger transport was officially opened, and China Heihe Highway Port-Russia Kanikurgan Highway Port passenger transport was officially opened. Passengers take buses from Heihe International Highway Passenger Station in China and Amoula Suo International Bus Station in Blagoveshchensk, Russia, respectively, and enter and exit through the Sino-Russian cross-border highway bridge, with four buses each entering and leaving the country every day. After the official opening of passenger transportation at Heihe Highway Port, the functions of Sino-Russian highway ports have been further improved, providing a more convenient channel for cross-border communication.France's nuclear power generation hit its highest level since January 19th.
SOMO, Iraq's national oil marketing organization: Iraq will set the official selling price of Basra Intermediate crude oil sold to North America and South America in January next year at a discount of $1.5 per barrel. Iraq will set the official sales price of Basra Intermediate crude oil sold to Europe in January next year at a discount of $5.5/barrel compared with the spot Brent crude oil price.*ST Reclamation: the project won the bid of 214 million yuan. *ST Reclamation Announcement, the company has been determined as the bid winner of "General Contract of the Second Passage of Yuyao North Pai-Jiangsimen Pumping Station Project of Taojia Road", and the bid amount of the project is 214 million yuan. The winning bid accounted for 6.85% of the company's audited net assets in 2023 and 10.01% of the company's total audited operating income in 2023. If the contract is finally signed, it will have a positive impact on the company's operating income and net profit in the future.US prosecutors have filed murder charges against the suspect in the murder of a joint health executive.