why digital currency, Featured

Yellen urged the incoming Trump administration not to take radical measures to interfere with the necessary banking supervision. According to Reuters's exclusive information, US Treasury Secretary Yellen urged the incoming Trump administration not to interfere with the proper supervision of the capital level, liquidity and risk-taking of American banks on the 13th local time, which is essential to ensure the health of the banking system. Reuters mentioned that Yellen has served as finance minister in Biden's government since January 2021. She said that the current regulatory system in the United States is not perfect, and it is reasonable to seek ways to reduce the burden. However, she also warned that in view of the history of financial crisis caused by bank failures, radical measures should not be taken to interfere with necessary supervision. "I don't want to say that what we have is absolutely sacred or untouchable. But I don't think it collapsed. We have a good system, "Yellen told Reuters. (World Wide Web)Us treasury secretary yellen: the United States and its allies may lower the price ceiling imposed on Russian oil export prices.National Development and Reform Commission (NDRC): More active and promising macro policies will be implemented next year. The reporter learned from the National Development and Reform Work Conference held by NDRC yesterday (13th) that in order to fully implement the spirit of the Central Economic Work Conference, countercyclical adjustment of macro policies will be intensified next year, so as to solidly promote economic stability, structural improvement and development trend. The relevant person in charge of the National Development and Reform Commission said that a more active and promising macro policy will be implemented next year to enhance the consistency of macro policy orientation. It will expand domestic demand in all directions. Accelerate the "two-fold" construction, expand effective investment, make good use of all kinds of construction funds such as central budget investment, ultra-long-term special national debt, and new local government special debt, promote the formation of more physical workload as soon as possible, and continue to promote the introduction of private capital into major projects. We will do a good job in the "two new" work, implement special actions to boost consumption, and promote consumption expansion, quality improvement and efficiency improvement. It will promote the further comprehensive deepening of the implementation of reform measures, organize the implementation of the "Guidelines for the Construction of a National Unified Big Market (Trial)", revise and introduce a new version of the negative list of market access, and deeply break down market access barriers. Promote the private economy promotion law as soon as possible. In addition, we will accelerate the construction of a modern industrial system and promote the upgrading of key industries. Vigorously support the high-quality development of manufacturing industry and comprehensively rectify the "involution" competition. (CCTV News)

Yellen urged the incoming Trump administration not to take radical measures to interfere with the necessary banking supervision. According to Reuters's exclusive information, US Treasury Secretary Yellen urged the incoming Trump administration not to interfere with the proper supervision of the capital level, liquidity and risk-taking of American banks on the 13th local time, which is essential to ensure the health of the banking system. Reuters mentioned that Yellen has served as finance minister in Biden's government since January 2021. She said that the current regulatory system in the United States is not perfect, and it is reasonable to seek ways to reduce the burden. However, she also warned that in view of the history of financial crisis caused by bank failures, radical measures should not be taken to interfere with necessary supervision. "I don't want to say that what we have is absolutely sacred or untouchable. But I don't think it collapsed. We have a good system, "Yellen told Reuters. (World Wide Web)The United Nations Security Council discussed the situation in Central Africa. China called on the international community to provide targeted help. On December 13, local time, the United Nations Security Council discussed the situation in Central Africa. The Chinese representative said that the current situation in Central Africa is generally stable, and the international community should provide targeted and constructive help in a timely manner to support regional countries in taking a development path in line with their own national conditions. The meeting was briefed by Abari, Special Representative of the UN Secretary-General for Central Africa and Director of the UN Regional Office for Central Africa. Geng Shuang, Deputy Permanent Representative of China to the United Nations, said that it is necessary to maintain the overall positive momentum of the regional situation. In the past six months, the situation in Central Africa has been generally stable and the political peace process has made positive progress. Gabon held a constitutional referendum according to the established timetable, Rwanda successfully held a general election, and Chad continued to advance the process of peace and reconciliation. The progress is worthy of recognition and welcome. At present, many countries are actively preparing for general or local elections. We hope that all political forces in the countries concerned will strengthen dialogue and consultation, bridge differences, build consensus and steadily advance the political process. The international community should provide targeted and constructive help in a timely manner and support regional countries to take the development path that suits their own national conditions.National Development and Reform Commission (NDRC): We need to further strengthen the effective consumption promotion policies and support them with greater efforts. Wu Sa, deputy director of the Institute of Economics of the Macroeconomic Research Institute of the NDRC, said that it should be said that we have accumulated more and more experience in promoting consumption this year, whether it is the stock policy or the package of incremental policies. For example, the "two new" policy and the trade-in policy of consumer goods have greatly promoted the growth of consumption. This economic work conference also clearly pointed out that the effective consumption promotion policy should be further strengthened, and the scope should be expanded, the quality should be improved, and more efforts should be made to support it, which will inevitably bring better efforts to the consumption growth of household appliances, various household appliances and so on next year. In addition, this economic work conference also put forward many new policies to promote consumption, which will also affect the improvement of our consumer market next year, so it will have a greater supporting role for the consumer market next year. (CCTV News)

 The grain output of "Beidacang" topped 160 billion Jin for the first time in the country for 15 consecutive years. According to the latest data released by the National Bureau of Statistics, in 2024, the total grain output of Heilongjiang Province reached 160.034 billion Jin. Wang Yong, deputy director of the Department of Agriculture and Rural Affairs of Heilongjiang Province, said that this year, the grain production in Heilongjiang Province achieved "21 consecutive harvests", and the total grain output exceeded 160 billion Jin for the first time. The total grain output has been stable at more than 150 billion Jin for seven consecutive years, ranking first in the country for 15 consecutive years. (Xinhua News Agency)Lenovo released eight new server products, based on the fifth-generation AMD EPYC processor platform. At the launch conference of Lenovo's new computing infrastructure products, Lenovo released eight server products based on the fifth-generation AMD EPYC processor-Lenovo Questioner, ThinkSystem V3 series server product family and a brand-new ThinkSystem AMD tower server, which will join hands with AMD to accelerate the development of AI computing infrastructure in China. (Sina Technology)