Domestic News:
1. The State Financial Regulatory Commission: Firmly uphold the bottom line of preventing small and medium-sized financial institutions from "exploding," and curb incremental risks.
2. China Aerospace Science and Technology Corporation: This year, it will focus on breakthroughs in reusable rocket technology and vigorously develop commercial spaceflight.
3. The tax retroactive period for overseas income of mainland Chinese tax residents has been extended, now extending as far back as 2017.
4. The People's Bank of China (PBOC) has introduced eight measures to increase support from structural monetary policy tools, indicating there is still room for reserve requirement ratio (RRR) and interest rate cuts this year.
5. The Ministry of Finance: Interest income from bonds invested in the domestic bond market by overseas institutions will be temporarily exempt from corporate income tax and value-added tax.
6. Two departments: Interest income from bonds invested in Chinese treasury bonds and local government bonds issued overseas by overseas institutions will be exempt from value-added tax.
International News:
1. The United States is pressuring Mexico to allow US troops to combat drug cartels.
2. Trump said he would travel to Venezuela, and the acting president of Venezuela is expected to visit the United States.
3. Trump: Despite the Justice Department's ongoing criminal investigation into Powell, there are currently no plans to fire him.
4. A bipartisan group of US lawmakers will propose on Thursday the establishment of a $2.5 billion Strategic Resilience Reserve (SRR) for key minerals.
5. The US seized an oil tanker linked to Venezuela ahead of a meeting between Venezuelan opposition leader Machado and Trump.
6. Sources: The Bank of Japan is likely to keep interest rates unchanged in January. The Bank of Japan is reportedly more focused on the weak yen than ever before.
7. Federal Reserve – ① Goolsby: Given ample signs of a stable job market, the central bank should focus on reducing inflation. ② Bostic: Due to excessive inflation, a tight monetary policy needs to be maintained.
