Domestic News:
1. The second draft of the revised Foreign Trade Law further supports the development of digital trade and green trade.
2. Li Qiang chaired a meeting of the Leading Group for the Drafting of the Outline of the 15th Five-Year Plan of the State Council, with Ding Xuexiang in attendance.
3. The Certification and Accreditation Administration of China (CNCA): CCC certification marks for products such as power banks will include traceability QR codes, with a pilot program starting in March 2026 for some products.
4. The draft Childcare Services Law was submitted to the 19th session of the 14th National People's Congress Standing Committee for its first review.
5. The Ministry of Commerce: Starting December 23, 2025, temporary anti-subsidy measures will be implemented on imported dairy products originating from the European Union.
6. Guangzhou Futures Exchange: Fees for delivery, futures-to-spot transactions, warehouse receipt transfers, warehouse receipts as margin, and hedging will be reduced or waived.
7. The People's Bank of China issued a notice regarding arrangements for implementing a one-time credit repair policy. 8. The Shanghai Futures Exchange adjusted transaction fees for silver futures contracts.
9. The Ministry of Commerce: Wingtech Technology and Ansys Netherlands held their first round of consultations last week, clarifying and explaining their respective concerns and agreeing to continue communication.
International News:
1. New Zealand announced it has reached a free trade agreement with India, which is expected to be signed in the first half of 2026.
2. Spot gold hit a new record high above $4,400; spot silver broke through $69.
3. The EU extended its economic sanctions against Russia for another six months, until July 31, 2026.
4. Iranian state media, citing sources, reported that missile drills were held in several Iranian cities.
5. Trump recalled 48 US ambassadors from overseas embassies and missions.
6. The Japanese Finance Minister strongly warned that the government has the "freedom" to take decisive foreign exchange intervention measures.
7. Tesla's stock price hit a record high during trading, currently up over 3%.
