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Wang Jing, National Endowment Insurance: Opening the market for individual pensions nationwide will usher in a period of historic policy opportunities, and the five departments jointly issued the Notice on the Full Implementation of the Individual Pension System. Wang Jing, head of the market channel department of the national pension insurance, said that after the individual pension is pushed nationwide, it is expected that the market will usher in a historic period of policy opportunities. All kinds of financial institutions will build differentiated and diversified product systems around people's diversified life-cycle pension financial needs, and provide comprehensive services with characteristics and quality, especially for flexible employees and new employment forms, which will further stimulate the whole society's active awareness of pension, accumulate pension financial funds and effectively promote the development of the real economy. (Securities Society)Australia plans to force technology giants to pay for news content. The Australian government announced a new tax plan on the 12th, which will force technology giants to pay for news content to Australian media companies, otherwise they will face the risk of being charged higher taxes. According to the Australian government's plan, all digital platforms with an annual income of more than A $250 million (about US$ 160 million) in Australia must reach a commercial agreement with Australian media organizations on the use of news content, otherwise they will face the risk of being charged higher taxes. (Xinhua News Agency)Central Economic Work Conference: In view of the bottleneck of industrial transformation and upgrading, the Central Economic Work Conference was held in Beijing from December 11th to 12th. The meeting proposed that we should unswervingly deepen reform and open wider to the outside world in view of the deep-seated obstacles and external challenges that restrict development; In view of the bottleneck restriction of industrial transformation and upgrading, promote the smooth continuous transformation of old and new kinetic energy; Strengthen policy support and optimize supervision services in response to concerns and demands in business operations; In view of the hidden risks in key areas, we will continue to vigorously promote risk disposal. We must vigorously improve the efficiency of implementation, fully mobilize the enthusiasm, initiative and creativity of grassroots units, continuously optimize the business environment, and better unite the joint efforts to promote high-quality development. (Xinhua News Agency)

Dutch International Bank: The European Central Bank will continue to cut interest rates in the new year, Carsten Brzeski, macro director of Dutch International Bank, wrote in a report to customers that the European Central Bank will take action again to reduce borrowing costs. The euro zone central bank cut interest rates by 25 basis points on Thursday, in line with expectations. Inflation is still a worrying problem, but the resistance to growth is even greater, especially the financial crisis in France and the threat posed by the US tariff on European goods. He said that with the change in the tone of the European Central Bank, the bank may cut interest rates again in the new year.European Central Bank President Lagarde: Reiterating the European Central Bank policy statement.Trump: If Kennedy Jr. takes action, he will have a "big discussion" on ending the children's vaccination program.

Central Economic Work Conference: In view of the bottleneck of industrial transformation and upgrading, the Central Economic Work Conference was held in Beijing from December 11th to 12th. The meeting proposed that we should unswervingly deepen reform and open wider to the outside world in view of the deep-seated obstacles and external challenges that restrict development; In view of the bottleneck restriction of industrial transformation and upgrading, promote the smooth continuous transformation of old and new kinetic energy; Strengthen policy support and optimize supervision services in response to concerns and demands in business operations; In view of the hidden risks in key areas, we will continue to vigorously promote risk disposal. We must vigorously improve the efficiency of implementation, fully mobilize the enthusiasm, initiative and creativity of grassroots units, continuously optimize the business environment, and better unite the joint efforts to promote high-quality development. (Xinhua News Agency)European Central Bank President Lagarde: The proposal to cut interest rates by 25 basis points has been agreed by everyone. European Central Bank President Lagarde said that the proposal to cut interest rates by 25 basis points has been agreed by everyone, and inflation is expected to reach 2% in the medium term. There are some discussions about cutting interest rates by 50 basis points, but it is generally believed that a 25 basis point cut is the right move. The wage level will reach a level consistent with the inflation target of 2%.Central Economic Work Conference: Appropriately raise the basic pension for retirees and raise the basic pension for urban and rural residents. The Central Economic Work Conference was held in Beijing from December 11th to 12th. The meeting decided to do a good job in the following key tasks next year. It is mentioned that we should vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions. We will implement special actions to boost consumption, promote low-and middle-income groups to increase income and reduce burdens, and enhance their spending power, willingness and level. Appropriately raise the basic pension for retirees, raise the basic pension for urban and rural residents, and raise the financial subsidy standard for medical insurance for urban and rural residents. Strengthen the expansion and implement the "two new" policies, innovate diversified consumption scenarios, expand service consumption, and promote the development of cultural tourism. Actively develop the starting economy, the ice and snow economy and the silver-haired economy. Strengthen top-down organization and coordination, and give greater support to the "two-fold" project. Appropriately increase investment in the central budget. Strengthen the coordination between finance and finance, and effectively promote social investment with government investment. Plan major projects in the Tenth Five-Year Plan as soon as possible. Vigorously implement urban renewal. Implement special actions to reduce the logistics cost of the whole society. (Xinhua News Agency)