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Central Economic Work Conference: Strengthening Expectation Management and Promoting Policy Implementation and Expectation Guidance in Coordination. The Central Economic Work Conference was held in Beijing from December 11th to 12th. The meeting stressed that it is necessary to coordinate development and safety, do a good job in safety production, and effectively prevent and respond to social security incidents in a timely manner. Strengthen synergy, oppose departmentalism, and form a joint force for implementation. Strengthen the expected management, promote policy implementation and expected guidance in coordination, and enhance policy guidance and influence. At the same time, we should accurately grasp the situation of the world, the country, the party and the society, strengthen strategic planning, and formulate suggestions for the 10 th Five-Year Plan of the Central Committee. (Xinhua News Agency)European Central Bank President Lagarde: Economic growth in the euro zone is facing downside risks. European Central Bank President Lagarde said that the latest information shows that the euro zone economy is losing momentum and the risk of economic growth is on the downside. Lagarde said at a news conference in Frankfurt on Thursday that in the face of weak demand and highly uncertain prospects, enterprises are curbing investment spending-labor demand continues to weaken, exports are also weak, and the labor market remains flexible. "Over time, the economy should strengthen, though at a slower pace than previously expected," she said.Zhongyin Fashion: Zhongyin Group, the controlling shareholder, intends to transfer some shares of the company by agreement. Zhongyin Fashion announced that Zhongyin Group, the controlling shareholder of the company, intends to transfer 12,024,000 shares of the company's unrestricted shares to Wenwen Fund and Jinhe Investment by agreement transfer. The transferred shares each account for 5.01% of the company's total share capital, accounting for 5.07% of the company's total share capital after excluding the number of shares in the repurchase account. After this equity change, Zhongyin Group holds 94.284 million shares of the company, accounting for 39.29% of the company's total share capital, accounting for 39.79% of the company's total share capital after excluding the number of shares repurchased by the special account; Wenwen Fund and Jinhe Investment each hold 12.024 million shares of the company, each accounting for 5.01% of the company's total share capital, accounting for 5.07% of the company's total share capital after excluding the number of shares repurchased from the special account.

European Central Bank President Lagarde: The uncertainty brought by the next US administration is not within the forecast benchmark.European Central Bank President Lagarde: Enterprises are curbing investment, exports are weak, and labor demand continues to weaken. The employment opportunities created are decreasing, so economic development should be strengthened, and the economic rebound is slower than expected.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%.

Baidu and Geely have started the internal transfer process to pay social security for employees of Jiyue in November. On the evening of December 12, the employee representative of Jiyue, Xia Yiping, CEO of Jiyue, and two major shareholders of Geely and Baidu held a closed meeting. Interface news learned that after several rounds of communication, Baidu and Geely are taking the transfer process to pay the arrears of social security for employees in November. (Interface)Guo Liyan, Institute of Economics, China Macroeconomic Research Institute: It is a long-term and fundamental policy to continuously promote the construction of ultra-large-scale domestic market. The Central Economic Work Conference was held in Beijing from December 11th to 12th. Guo Liyan, deputy director of the Economic Research Institute of China Macroeconomic Research Institute, said in an interview that expanding domestic demand in an all-round way and continuously promoting the construction of super-large-scale domestic market are not just temporary measures to cope with risks and external shocks, but long-term and fundamental measures to promote Chinese modernization. The key is to boost consumption and improve the efficiency of investment, so that effective investment and potential consumption can form a virtuous cycle promotion mechanism, thereby consolidating and enhancing the main role of domestic demand in supporting the national economic cycle, and giving full play to the powerful supporting role of domestic demand for high-quality economic development and higher-level participation in international competition and cooperation. (The country is a through train)Central Economic Work Conference: Give play to the traction role of economic system reform and promote the landmark reform measures to be effective. The Central Economic Work Conference was held in Beijing from December 11 to 12. The meeting proposed to complete the deepening and upgrading of state-owned enterprise reform with high quality and introduce the private economy promotion law. Carry out special actions to standardize law enforcement involving enterprises. Formulate guidelines for the construction of a unified national market. Strengthen supervision and promote the healthy development of platform economy. Make overall plans to promote the reform of the fiscal and taxation system and increase local independent financial resources. Deepen the comprehensive reform of investment and financing in the capital market, open up the blocking points of medium and long-term funds entering the market, and enhance the inclusiveness and adaptability of the capital market system. (Xinhua News Agency)