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China and New Zealand held the sixth consultation on South Pacific affairs. On December 9, 2024, Qian Bo, Special Envoy for Pacific Island Affairs of the China Government, held the sixth consultation on South Pacific affairs between China and New Zealand with kavanagh, Deputy Secretary-General for Pacific and Development Affairs of the Ministry of Foreign Affairs and Trade of New Zealand. The two sides had a frank and in-depth exchange of views on the situation in the South Pacific region, their respective policies towards Pacific island countries and regional cooperation. (Ministry of Foreign Affairs website)Chief negotiator of Volkswagen: The negotiations will continue on December 16th.Kremlin: It is Assad's personal decision to resign as Syrian president.

BYD Equation Leopard officially announces titanium series product line, BYD Equation Leopard officially announces titanium series product line. Titanium series is the second largest product series that Equation Leopard will launch after Leopard series, and the first model titanium 3 will be launched in the first half of next year.In order to step up military operations against Syria and expand its long-term strategic advantage, Prime Minister Benjamin Netanyahu said in a speech on the 8th that the drastic changes in the situation in Syria have brought so-called new opportunities and challenges to Israel. The so-called opportunity, according to the analysis of Israeli and Arab media, Israel is taking this opportunity to strengthen and expand its occupation and control of the temporary border areas between the two countries, even on the Syrian side, so as to gain greater strategic advantages over Syria and neighboring countries in the long run. Secondly, Israel can further attack the military targets in Syria and weaken the overall military strength of Syria. Thirdly, Israel believes that the drastic changes in the Syrian situation have objectively blocked Iran's way of providing assistance to Hezbollah, seriously weakened Iran's influence in the region, and helped it to further exert pressure on Hezbollah and Hamas armed forces in Gaza.Xu Ji Electric: It is estimated that China Southern Power Grid will win the bid of 468 million yuan. Xu Ji Electric announced that the company is expected to win the bid for the special bidding project of DC main equipment of Guangdong 220 kV Tianhe Tangxia Flexible Straight Back-to-Back Project of China Southern Power Grid, with the amount of about 468 million yuan. This project mainly embeds flexible DC in urban power supply area to realize flexible interconnection technology and improve the flexibility and security of urban power grid. After winning the bid and signing the contract, the performance of the contract will have a positive impact on the future operation of the company but will not affect the independence of the company's business. The flexible DC converter valve products developed by the company based on 6.5kV IGCT devices will be applied in this project, which is the first engineering application in the field of high voltage DC. At present, the project is still in the publicity stage of the winning candidate, and the company has not received the notice of winning the bid.

The loose monetary signal ignited the bond market. The yield of 10-year government bonds hit 1.83% and hit a new low. Affected by the loose monetary signal, the yield of 10-year government bonds once again hit a record low. During the session on December 10th, the yield of the 10-year active bond "24 Treasury Bond 11 with Interest" (240011) fell by 7.5BP (basis point) and hit 1.8300%, hitting a record low. The yield of 30-year active bond "24 Special Bond 06" (2400006) also went down all the way, falling to 2.0450%, down 4BP from the previous day. Treasury futures rose strongly all day, and the 30-year main contract closed up 1.37%, setting a record high. The ETF market of government bonds was all red, and the 30-year ETF rose by 1.87%. Politburo meeting of the Chinese Communist Party, held on the 9th, sent a signal of steady growth, which formed a favorable support for the bond market. For the economic work in 2025, the meeting first mentioned "extraordinary countercyclical adjustment", and the tone of monetary policy changed from "steady" that lasted for 14 years to "moderately loose". The loose monetary signal pushes the bond market to strengthen. According to industry analysts, the debt bull will continue in the future, and the yield of 10-year government bonds can be seen as low as 1.6%. However, there are also views that if the economic fundamentals continue to run in 2024 next year, the bond market yield will rebound in the future and need to be treated with caution. (CBN)The results of the general survey of agricultural germplasm resources to rescue endangered resources exceeded expectations. Germplasm resources are strategic resources to ensure the stable and safe supply of grain and important agricultural products. Since 2021, China has started the national general survey of agricultural germplasm resources with the largest scale, the widest coverage and the largest number of participants since the founding of New China. The Ministry of Agriculture and Rural Affairs announced today that over the past three years, the general survey has found out the variety, quantity and characteristics of germplasm resources, and newly collected a large number of agricultural germplasm resources for rescue protection. During the census, there were 1.5 million census takers in China, with a cumulative journey of more than 63 million kilometers. The census covered 31 provinces and Xinjiang Production and Construction Corps. The crop census includes 332 agricultural counties that were not involved in the previous two times, filling the gaps in special ecological areas such as drought and plateau, borders and ethnic minority areas. Under the initiative of both inspection and insurance, the census results exceeded expectations.Argentina's MERVAL index closed up 1.31% to 2.231 million points.