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In 2024, the qualification examination and approval of the first batch of new materials insurance compensation was started, and the Ministry of Industry and Information Technology recently issued a notice to organize the qualification examination and approval of the first batch of new materials insurance compensation in 2024. It is clear that the enterprise applying for qualification should be an enterprise that produces and manufactures the products listed in the Catalogue for the Demonstration and Guidance of the First Application of Key New Materials (2024 Edition). It belongs to an independent legal person registered in People's Republic of China (PRC), has strong design and development, manufacturing and industrialization capabilities, has a relatively complete team of professional technicians, and has mastered the core technology and intellectual property rights of this product development. The qualification examination and approval procedures need to go through three steps: enterprise declaration, review by local industrial and information authorities or recommended units such as the central enterprise group, and expert review organized by the Ministry of Industry and Information Technology. After review, the product compensation qualification is determined, and the amount of subsidy funds is approved according to a certain proportion of the product value, and the effective period is no more than 3 years.Consumer stocks in Hong Kong stocks fluctuated higher, with the same journey rising by more than 6%, Mengniu Dairy rising by more than 4%, and China Resources Beer, Master Kong Holdings and Haidilao rising.Shibor reported 1.4820% overnight, down 4.6 basis points; In 7 days, shibor reported 1.6350%, down 8.7 basis points; In three months, shibor reported 1.7400%, down 0.4 basis points.

Lu Kang led a delegation to visit the United States and had an in-depth exchange of views with people from all walks of life on Sino-US relations. From December 1 to 7, Lu Kang, Vice Minister of the International Liaison Department of the CPC Central Committee, led a delegation to visit the United States. In Washington, new york, and San Francisco, Lu Kang met with officials from the White House and the State Council, members of Congress, and relevant people from business circles, think tanks, media, universities, societies, enterprises, etc., and exchanged in-depth views on Sino-US relations. (official website of the International Liaison Department)In response to Trump's tariff threat, some Canadian governors supported the "cut-off" of energy products to the United States. Canadian Prime Minister Trudeau and provincial governors held another meeting on December 11 local time to discuss the tariff threat of US President-elect Trump. After the meeting, Canadian Deputy Prime Minister and Minister of Finance Christia freeland told the media that "many governors strongly supported Canada to take strong countermeasures, and some of them took the initiative to list the key minerals and metals produced in their provinces and exported to the United States." Doug Ford, Governor of Ontario, Canada, said after the meeting that if the United States insists on imposing tariffs on Canada, Ontario will "cut off" the energy supply to the United States. He said, "We will cut off the energy supply to Michigan, New York and Wisconsin." Ford also believes that Canada needs to "prepare for the battle" and Trump's tariff will be "100%". (CCTV News)The Chinese representative called for promoting the political process in Yemen and stressed respect for sovereignty and peace. On the 11th local time, the UN Security Council held a meeting on the situation in Yemen. In his speech, the Chinese representative called on all parties to the Yemen conflict to take practical actions and jointly promote the political process of resolving the Yemen issue. Geng Shuang, China's deputy permanent representative to the United Nations, said that Israel and Houthi forces have been attacking each other, and Israel recently said it would consider launching a new large-scale attack on Yemen, which is deeply worrying. At the same time, the recent dramatic changes in the situation in Syria have brought new unstable factors to the whole Middle East, and the situation in Yemen and the Red Sea may also suffer new shocks. China once again calls on Houthi armed forces to stop harassing merchant ships of various countries in the Red Sea waters and maintain the safety of the navigation channels in the Red Sea waters. At the same time, it calls on all parties concerned to maintain calm and restraint and stop actions that aggravate tensions. (CCTV News)

The South-to-North Water Transfer Project has transferred 76.7 billion cubic meters of water to support the GDP growth of more than 16 trillion yuan in the northern region. The State Council held a press conference to introduce the tenth anniversary of the first phase of the South-to-North Water Transfer Project. Wang Daoxi, Vice Minister of the Ministry of Water Resources, said that the project has transformed the water resources advantage in the southern region into the development advantage in the northern region. Up to today, the South-to-North Water Transfer Project has transferred 76.7 billion cubic meters of water, supporting the GDP growth of more than 16 trillion yuan in the northern region.According to sources, Hamas handed over a list of hostages to be released, including Americans.Hang Seng Science and Technology Index rose to 1%, while Kewang shares rose, with Billie Billie (09626.HK) rising by over 4%, Baidu (09888.HK) rising by 2.8%, Aauto Quicker (01024.HK), Tencent Holdings (00700.HK) rising by 1.8% and Alibaba (09988.HK) rising by over 1%.