The Importance of Reducing Stamp Duty on Securities Transactions for Global Competition: A Comparison with Other Countries

The Importance of Reducing Stamp Duty on Securities Transactions for Global Competition: A Comparison with Other Countries

China Merchants Securities Lin Xipeng said that looking at the world, many countries and regions in the world have imposed securities transaction tax, but the major securities trading markets tend to abolish this tax eventually. After the “Stamp Duty Law of the People’s Republic of China” is officially promulgated, the stamp tax on securities transactions … Read more

Hong Kong Secretary for the Environment and Ecology Attends APEC Energy Ministers’ Meeting in the US

Hong Kong Secretary for the Environment and Ecology Attends APEC Energy Ministers’ Meeting in the US

According to the press release of the Hong Kong Special Administrative Region Government, Xie Zhanhuan, Secretary for the Environment and Ecology of Hong Kong, departed for Seattle, the United States on August 14 to attend the Asia-Pacific Economic Cooperation (APEC) Energy Ministers’ Meeting. Xie Zhanhuan will attend the APEC Energy Ministers Meeting on August 15th … Read more

Escalating Hunger Crisis in Sudan: Over 20 Million People Suffering from Severe Food Insecurity

Escalating Hunger Crisis in Sudan: Over 20 Million People Suffering from Severe Food Insecurity

The United Nations World Food Program said on August 11 that dire predictions of escalating hunger in Sudan have become reality, with 20.3 million people suffering from severe acute hunger due to food insecurity caused by the conflict. Of these, 6.3 million people (13 percent of Sudan’s population) are in a state of acute hunger, … Read more

Rise in Four-Day School System in the United States: Alleviating Teaching Resource Shortage and Financial Impact on Parents

Rise in Four-Day School System in the United States: Alleviating Teaching Resource Shortage and Financial Impact on Parents

When the bell rang at a school in Independence, Missouri, the school’s 14,000 students were trying a new kind of learning: four days a week, Saturday through Monday. They are not alone in this matter. As the fall semester of American schools begins, more and more students will return to the “four days a week” … Read more

Japan’s Real Wage Income Drops for 15 Consecutive Months

Japan’s Real Wage Income Drops for 15 Consecutive Months

According to the preliminary statistical results released by the Japanese Ministry of Health, Labor and Welfare on the 8th, due to the continued high prices, Japan’s real wage income in June fell by 1.6% year-on-year after deducting the price increase factor, which was the 15th consecutive month of year-on-year decline. The statistical results show that … Read more

Thailand’s Rice Export Boom Amid India’s Export Ban: No Plans to Halt Exports

Thailand’s Rice Export Boom Amid India’s Export Ban: No Plans to Halt Exports

Reuters reported on August 7 that Thailand is benefiting from India’s rice export ban and there is no reason to stop the country’s exports because the country has enough production to meet exports and domestic consumption, the country’s commerce minister said on Monday. Thailand’s Commerce Minister Jurin Laksanawisit told a news conference that India’s ban … Read more

Global Manufacturing PMI in July: End of 4th Consecutive Month of Decline

Global Manufacturing PMI in July: End of 4th Consecutive Month of Decline

On August 6, the China Federation of Logistics and Purchasing released data showing that the global manufacturing PMI (purchasing managers index) in July was 47.9%, an increase of 0.1 percentage points from the previous month, ending the trend of four consecutive months of month-on-month decline. Qi Zhengyan, an analyst at the China Logistics Information Center, … Read more

China’s Support for the Temporary Ceasefire Agreement in Colombia: A Statement from the Ministry of Foreign Affairs

China’s Support for the Temporary Ceasefire Agreement in Colombia: A Statement from the Ministry of Foreign Affairs

According to the website of the Ministry of Foreign Affairs, the spokesperson of the Ministry of Foreign Affairs answered a reporter’s question on the temporary ceasefire agreement between the Colombian government and the anti-government armed forces. Q: Recently, the Colombian government and the “National Liberation Army of Colombia” announced a 180-day temporary ceasefire agreement across … Read more

Philippine Inflation Rate Continues to Decline, Reaches 4.7% in July

Philippine Inflation Rate Continues to Decline, Reaches 4.7% in July

According to data released by the Philippine National Bureau of Statistics on the 4th local time, the country’s inflation rate fell to 4.7% in July, slowing down for the sixth consecutive month. Data show that the inflation rate in the Philippines in July narrowed by 1.7 percentage points compared with the same period last year, … Read more

New Energy Car Sales and Delivery Report Cards for July: BYD, Ideal, NIO, and Xiaopeng Motors Lead the Way

New Energy Car Sales and Delivery Report Cards for July: BYD, Ideal, NIO, and Xiaopeng Motors Lead the Way

On August 1, a number of new energy car companies announced the sales and delivery report cards for July, once again highlighting the trend of competition in the auto market. Compared with June, the sales of most new energy car companies have increased. Among them, BYD sold 262,200 vehicles in July, an increase of 61.30% … Read more