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In the first 11 months of this year, Guangdong's import and export increased by 10% year-on-year. According to statistics from Guangdong Branch of the General Administration of Customs, in the first 11 months of this year, Guangdong's foreign trade import and export reached 8.27 trillion yuan, up by 10% year-on-year, faster than the national growth rate by 5.1 percentage points, accounting for 20.8% of the national total import and export value. Among them, exports were 5.37 trillion yuan, an increase of 8.7%; Imports reached 2.9 trillion yuan, up by 12.6%.India's NIFTY50 index fell 1% to 24,301.30 points, and India's SENSEX index fell 1% to 80,476.70 points.Sumitomo Rubber said that the price of domestic commercial tires and related products increased on April 1, 2025. Sumitomo Rubber raised the price of Japanese tires by 6-8% on average.

Shaanxi Construction Co., Ltd. and other companies invested in the establishment of building materials development company. The enterprise search APP shows that recently, Shaanxi Weihe Ecological Shaanxi Construction Building Materials Development Co., Ltd. was established, with Wang Fan as the legal representative and a registered capital of 20 million yuan. Its business scope includes: sales of building materials; Building block manufacturing; Water resources management. Enterprise investigation shows that the company is jointly owned by Shaanxi Construction Engineering Thirteenth Construction Group Co., Ltd., a subsidiary of Shaanxi Construction Co., Ltd., and Shaanxi Weihe Ecological Group Co., Ltd.Morgan Stanley Xing Ziqiang: China can fully withstand the improvement of the central financial deficit ratio. On December 13th, Xing Ziqiang, chief economist of Morgan Stanley China, said at the "Caijing Annual Meeting 2025: Forecast and Strategy" and the 2024 Global Wealth Management Forum that the Central Economic Work Conference broke the previous mindset of fiscal prudence. It is predicted that the budget of deficit ratio will reach a higher level next year, and may even exceed the level of 2020 (above 3.6%). With China's relatively strong national balance sheet, it can fully withstand the relatively high deficit ratio of the central government. Most other countries in the world have abandoned the so-called deficit ratio constraint of around 3% after facing the downturn of the real estate market and other factors.The 2024 Liaoning International Ice and Snow Economic Cooperation Promotion Conference was held. On December 12th, the 2024 Liaoning International Ice and Snow Economic Cooperation Promotion Conference was held in Shenyang. More than 150 government and enterprise guests from more than 20 countries including South Korea, Germany and France and Hong Kong and Macao attended the conference, and conducted in-depth exchanges on topics such as ice and snow tourism, ice and snow sports and ice and snow equipment manufacturing. This promotion meeting is an important sub-activity of "Liaoning International Ice and Snow Economic Cooperation and Negotiation Activities". It is understood that the "Liaoning International Ice and Snow Economic Cooperation Negotiation Activity" will last for three days, during which activities such as Liaoning Ice and Snow Economic Theme Exhibition, Liaoning-Europe and America Ice and Snow Economic Cooperation Exchange Conference and Liaoning Ice and Snow Economic Industry Tour will be held, aiming at deepening the exchanges and cooperation between Liaoning Province and the world in the field of ice and snow economy, jointly exploring new opportunities for the development of global ice and snow industry and building a brand of winter economic and trade cooperation in Liaoning Province. (Liaoning Daily)

Russia asked Ukraine to open a humanitarian passage in the Ukrainian-occupied area of Kursk. According to the Tass news agency, Russian Commissioner for Human Rights mosca Likova said in Minsk, the capital of Belarus, on the 12th that Russia had asked Ukraine to open a humanitarian passage for the civilians in the Ukrainian-occupied area of Kursk to evacuate to a safe area. Mosca Likova said that there are about 1,500 to 2,000 civilians in Uzhan District of Kursk State, who usually take refuge in destroyed houses or basements of houses.Joy City's daily limit The fourth Joy City in Beijing is about to open, and Joy City (000031.SZ) has raised its daily limit to a new high price in 4 yuan for 15 months, with a total market value of 17.1 billion yuan. According to the news, Haidian Joy City, the fourth Joy City in Beijing, will open on December 21st. At present, the second installation of many brands has come to an end, and the merchants in the venue have entered intensive preparations for opening.Market news: Russian troops advance to strategic cities in eastern Ukraine.