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[SMM Steel Morning News] the Ministry of Finance will enter the mode of high temperature and little rain in the middle and lower reaches of the Yangtze River by issuing special treasury bonds for 2020.
Jul 29,2020 08:31CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

News breakfast

"rising factors

1. The eighth China-EU High-level Economic and Trade Dialogue

Vice Premier of the State Council and Executive Vice President of the European Commission Dombrovskis co-chaired the eighth China-EU High-level Economic and Trade Dialogue in the form of video conference on the 28th. The two sides held in-depth, frank, pragmatic and efficient discussions on the theme of "opening a new situation of China-EU cooperation in the post-epidemic era and leading the steady recovery and growth of the global economy." We have reached a series of fruitful achievements and consensus on jointly combating the COVID-19 epidemic, global economic governance, industrial chain supply chain security, China-EU investment agreement negotiations, WTO reform, market opening up, digital economy, connectivity, and cooperation in the fields of finance and taxation.

two。 The Ministry of Finance has decided to renew the special treasury bonds for the fight against epidemic in 2020 (four issues) for the third time.

The Ministry of Finance has decided to renew the special treasury bonds for the fight against epidemic in 2020 (four issues) for the third time, and the bidding work has been completed. The treasury bonds are planned to be renewed by 70 billion yuan, with an actual face value of 70 billion yuan. no, no, no.

3. National Development and Reform Commission: promoting the construction of new infrastructure to speed up the deployment of 5G network and commercial applications.

The National Development and Reform Commission issued the notice on speeding up the implementation of the new urbanization construction to make up for the weaknesses and promoting the intelligent transformation of county towns in an orderly manner. The circular said that speed up the construction of digital terminals and systems in municipal areas such as transportation, water, electricity, electricity and heat. We will promote the construction of new infrastructure, speed up the large-scale deployment and commercial application of 5G networks, promote the construction of 5G base stations and supporting networks in key areas such as stations, communities, and shopping malls, continuously optimize 4G network coverage in areas with weak infrastructure, and promote the expansion of backbone networks and metropolitan area networks. we will promote the popularization of household broadband gigabit and 100-megabit access. We will promote the deployment of IoT perception facilities in key areas such as industry, transportation and logistics. We will explore the construction of supporting facilities for the operation of drones and robots, and co-ordinate the deployment of intelligent facilities for medical waste disposal.

Downside factor

1. State Councilor and Foreign Minister expressed his views on Sino-US relations.

At present, Sino-US relations have aroused widespread concern in the international community, and the fundamental reason is that some political forces in the United States do not hesitate to comprehensively negate the history of Sino-US relations out of the political considerations of boosting the election situation and the need to maintain unipolar hegemony. it is unreasonable to crack down on China in all directions, constantly provoke China's core interests, attack the social system chosen by the Chinese people, and slander the ruling party that is flesh and blood linked to the Chinese people. These acts have lost the basic etiquette of state-to-state exchanges, broke through the most basic bottom line of international norms, and are naked power politics; if this conspiracy theory is allowed to succeed, not only will Sino-US relations fall into the abyss of confrontation, the world will fall into a divisive crisis, and the future and destiny of mankind will also be in danger. In the face of the rampant and outrageous United States, China will make a firm and rational response.

two。 The emergency response level of Tiantongyuan West District 3 in Beijing has been adjusted to level 2.

On July 27, a Dalian-related case occurred in Beijing. The confirmed case was temporarily resided in Beijing at Tiantongyuan West District No. 3, Changping District. In view of this confirmed case, Changping District acted quickly to adjust the emergency response level of the community where the case was located to level II, which was managed in accordance with the medium-risk area. Today, July 28, Tiantongyuan North Street has tested the nucleic acid of 600 residents in the building where the confirmed case is located.

3. Shanghai Gold Exchange: if the risk situation of gold and silver further aggravates, appropriate risk control measures will be taken. "

According to the Shanghai Gold Exchange, due to the influence of international factors, the price of gold and silver has fluctuated greatly recently, the position level is high, and the market risk has increased significantly. All member units are requested to do a good job in risk emergency plans, reminding investors to do a good job in risk prevention, improve risk awareness, reasonable control of positions, and rational investment. If the risk situation of gold and silver is further intensified, the exchange will take appropriate risk control measures according to the market situation to prevent market risks, maintain market stability, and protect the interests of investors.

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