German Chancellor Schulz: All we can do is maintain rationality.

Domestic news: 1. The number of passengers transported by the national railway during the Spring Festival exceeded 200 million. 2. In 2024, my country issued 5.13 billion yuan in skill improvement subsidies. 3. In 2025, the box office of movies exceeded 6 billion yuan; the box office of the Spring Festival exceeded 4.8 billion yuan. 4. The Ministry of Finance: Further strengthen the self-discipline supervision of the Certified Public Accountants Association. 5. In 2024, the amount and number of RCEP certificates of origin will achieve "double growth". 6. China Index Academy: The sales of the top 100 real estate companies in January were 235 billion yuan, a year-on-year decrease of 16.5%. 7. Japan plans to implement a number of export control measures such as semiconductors. The Ministry of Commerce responded: China will reserve the right to take measures. 8. The Ministry of Foreign Affairs responded to the collision between the US passenger plane and the military plane: The US has been asked to promptly report the progress of the search and rescue and find out the cause of the accident as soon as possible. China will provide necessary assistance to the families of the Chinese citizens who died in the accident. International news: 1. NVIDIA: DeepSeek R1 is now officially launched on the NVIDIA NIM platform. 2. Tokyo's core inflation rate hit a one-year high, supporting the Bank of Japan's rate hike. 3. Yoon Seok-yeol met with senior presidential staff in detention. 4. South Korea's Acting President Choi Sang-mok once again vetoed the "special investigation law on internal strife" to thoroughly investigate Yoon Seok-yeol's emergency martial law. 5. Spot gold hit a record high of $2,817 per ounce. 6. The Russian government extended its gasoline export ban until the end of February. 7. The United States confirmed that Cuba would be re-listed on the "terrorist support list". 8. The US Airways Administration has indefinitely restricted helicopter flights near Reagan National Airport. 9. The US core PCE stabilized at 2.8%, and PCE rose to 2.6%, both in line with expectations. 10. Fed Goolsbee: I believe and agree with the view that there is no need to rush to adjust policies at the moment; in theory, a one-time tariff increase is short-term and may not require policy response. Director Bowman: I tend to adjust policies in a cautious and gradual manner. 11. ECB Governing Council Member Rehn: There are further signs of slowing wage inflation. We are confident that inflation will stabilize at the target level as expected, and that monetary policy will no longer be restrictive in the near future, which I estimate will be during the spring and summer. ECB Governing Council Member Villeroy: The ECB is currently confident that core inflation will fall. 12. Tariff dispute-US White House Confirmed that the Trump administration will impose a 25% tariff on Mexican and Canadian goods from February 1, and has not yet determined a timetable for imposing tariffs on the EU. Trump said he would reduce tariffs on Canadian oil to 10%. Canadian Prime Minister Trudeau : Any response from Canada to tariffs will be targeted, strong and timely. Mexican President: Mexico has prepared Plan B and Plan C before the US tariff decision. Brazilian President Lula : If the US imposes tariffs, Brazil will retaliate in kind.

Economic Survey of India: Trade outlook remains cloudy next year.