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The Ministry of Commerce held a special promotion activity of "Investing in China" in the Middle East in Abu Dhabi, United Arab Emirates. According to the website of the Ministry of Commerce, on December 11th, the Ministry of Commerce held a special promotion activity of "Investing in China" in the Middle East and a docking activity of industrial capital between China and the Middle East. Ling Ji, Vice Minister of Commerce and Deputy Representative of International Trade Negotiations, and Zhang Yiming, Ambassador of China to the United Arab Emirates attended the event and delivered speeches. Zhao Haiying, deputy general manager of China Investment Corporation, Zhang Xiaodong, deputy governor of China Bank, and relevant officials of the UAE Ministry of Economy and Investment attended the event. 40 China enterprises from new energy, advanced manufacturing, biomedicine, information technology and other fields negotiated docking with more than 70 sovereign wealth funds and investment institutions in the Middle East, and some enterprises conducted on-site roadshows. Ling Ji said that the purpose of holding this "Invest in China" activity is to implement the important consensus reached by the leaders of China and Arab countries and push the two sides to deepen economic and trade cooperation. At present, China is fully promoting Chinese modernization with high-quality development, developing new quality productivity according to local conditions, and many high-quality enterprises have emerged in emerging frontier areas, which contain broad investment space. Innovation is an important link between China market and capital in the Middle East. China actively encourages venture capital and private equity investment, revises and improves the management measures for foreign investors' strategic investment in listed companies, and supports the development of science and technology enterprises. Welcome Middle East capital to seize the development opportunity of China and deepen cooperation with China in industrial innovation. The participating sovereign wealth funds and investment institutions in the Middle East said that China has a vast market, strong scientific and technological strength, efficient and reliable supply chain and abundant talent pool, and is an ideal destination for innovative investment. It is willing to invest in China and deepen its cultivation in China. Before the event, Ling Ji had a small-scale in-depth exchange with some representatives of sovereign wealth funds and investment institutions in the Middle East, and had a discussion with some representatives of China enterprises.The US Supreme Court dismissed the securities fraud lawsuit filed by shareholders against NVIDIA (NVDA.O).Gold T+D of Shanghai Gold Exchange rose 0.17% to 625.5 yuan/gram at the beginning of trading on Wednesday, December 11th. Silver T+D of Shanghai Gold Exchange fell 0.1% to 7907.0 yuan/kg at the beginning of trading on Wednesday, December 11th.

Market news: Russia may use new medium-range ballistic missiles to Ukraine.The share price was 6 consecutive boards, and Shandong Fiberglass responded. On December 11th, the share price of Shandong Fiberglass went up again. Since December 4, the company's share price has been up and down for six consecutive trading days. In response to the abnormal fluctuation of the stock price, the reporter called Shandong Glass Fiber, and the company responded: "At present, the company's production and operation are all normal, and there is no significant information that should be disclosed but not disclosed. The short-term sharp fluctuation of stock price may be caused by overheated market sentiment. We remind investors that they should invest prudently and make rational decisions to avoid blindly chasing up. " (CSI Taurus)Goldman Sachs CFO Coleman: US President-elect Trump announced the chairman of the Federal Trade Commission (FTC). It is expected that this progress will lead to more M&A transactions.

Assistant Foreign Minister Liu Bin met with Armenian Ambassador to China Gevolker Yang. According to the website of the Ministry of Foreign Affairs, on December 11th, 2024, Assistant Foreign Minister Liu Bin met with Armenian Ambassador to China Gevolker Yang. Liu Bin said that the friendly and cooperative relations between Central Asia have maintained healthy and stable development, and the cooperation between the two countries in building the "Belt and Road" has yielded fruitful results, and the cooperation in international affairs has been fruitful. The two sides should plan the next stage of exchanges and cooperation and promote the all-round development of bilateral relations. Gevolker Yang said that Asia attaches importance to Asia-China relations and is willing to further close high-level exchanges between the two countries, deepen mutually beneficial cooperation and international cooperation, and push Asia-China relations to a higher level.Hainan has issued "two lists" in the commercial field, which will be implemented on December 25th. Recently, the Hainan Provincial Department of Commerce issued the List of No Administrative Punishment in the Commercial Field of Hainan Province and the List of Lighter Administrative Punishment in the Commercial Field of Hainan Province. There are 30 items in the two lists, and it is clear that some acts in the commercial field of Hainan Province will not be subject to administrative punishment or lighter administrative punishment, which will be implemented on December 25 this year. The List of Non-administrative Penalties in the Commercial Field of Hainan Province clarifies the name of the matter, applicable conditions, basis for non-punishment, relevant legal provisions, remarks and other contents, involving 17 items such as "the franchisor failed to report the franchise contract concluded in the previous year to the competent commercial department on time". Among them, 11 items are "minor violations, corrected in time, without harmful consequences, no administrative punishment"; Six items are "illegal acts, and if they are illegal for the first time and the harmful consequences are minor and corrected in time, they may not be given administrative punishment". The List of Lighter Administrative Penalties in Commercial Fields in Hainan Province clarifies the name of the matter, the applicable conditions, the basis of lighter punishment, relevant legal provisions, the range of lighter punishment, etc., involving 13 items such as "the auction enterprise illegally announces or displays before the auction". The Provincial Department of Commerce requires the competent commercial departments of cities and counties, the comprehensive administrative law enforcement bureau and the relevant offices of the department to conscientiously implement the requirements of the "two lists", apply the provisions of the "two lists" according to law, and apply the "two lists" to adhere to the principle of combining punishment with education.Tesla Cyberruck completed the energy consumption declaration of the Ministry of Industry and Information Technology, and Tesla Cyberruck completed the energy consumption declaration of the Ministry of Industry and Information Technology. The logo of automobile energy consumption of the Ministry of Industry and Information Technology shows that Cybertruck has a curb weight of 3104kg and a maximum design total weight of 3700kg. The cruising range of the vehicle is 618 kilometers, the power consumption per 100 kilometers is 22.6 kWh, the energy equivalent fuel consumption is 2.62L/100km, and the estimated energy cost is 14.92 yuan /100km.