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Financial news on December 30


 The plenary meeting of the leading group of the State Council to root out the wage arrears of migrant workers was held in Beijing on the 29th. Premier Li Keqiang of the State Council made an important instruction, pointing out that we should strengthen the investigation of the areas where wages in arrears are prone to occur, severely punish the malicious acts of wages in arrears according to law, implement the wage deposit system and other systems, and ensure that migrant workers receive wages in full and in time. 

 The announcement issued by the Tariff Commission of the State Council on the 29th pointed out that from January 1, 2023, China will implement a provisional import tariff rate lower than the MFN tariff rate on 1020 commodities, including some anticancer drug raw materials, coffee machines, potash fertilizer, iridium oxide for fuel cells, etc.

■  In accordance with the Overall Plan on the Implementation of "Class B and Class B Control" for novel coronavirus Infection, the Ministry of Transport issued a notice to optimize and adjust the epidemic prevention and control measures in the field of transportation, including the cancellation of regular nucleic acid testing requirements for front-line employees of transportation services.

At 12:43 on the 29th, Beijing time, China used the Long March 3B carrier rocket at the Xichang Satellite Launch Center, successfully launched the test No. 10 02 satellite into orbit, and the launch mission was successful. The satellite was mainly used for the on-orbit verification test of new technologies such as space environment monitoring.


 The Ministry of Finance recently issued the second budget of agricultural insurance premium subsidy of the central government in 2022 to relevant provinces, autonomous regions, municipalities directly under the Central Government, cities specifically designated in the state plan and Xinjiang Production and Construction Corps. The central government issued a premium subsidy of 12514.09 million yuan this time. Up to now, the central government has issued premium subsidies of 30939.36 million yuan to all localities and central units in 2022.

■ Ministry of Commerce: According to customs statistics, from January to November, China's import and export with other members of RCEP totaled 11.8 trillion yuan, up 7.9% year on year, accounting for 30.7% of China's total foreign trade import and export.

 National Development and Reform Commission: During the "Fourteenth Five-Year Plan" period, it will promote the construction of about 120 national logistics hubs and build about 20 national logistics hub economic demonstration zones. Up to now, China has released four batches of annual key construction lists, totaling 95 national logistics hubs.

 The China Banking and Insurance Regulatory Commission publicly solicited opinions on the Administrative Measures for Auto Finance Companies (Draft for Comments) on the 29th, which mentioned that it was proposed to include auto accessory financing in the business scope and allow customers to apply for accessory financing separately after handling auto loans.

 Ministry of Commerce: "2023 National Online New Year Festival" will be held from December 30, 2022 to January 28, 2023.