China News Network
Ahmed Mohamed Mogg is a senior journalist who may have accumulated a wealth of experience and knowledge in the news industry. As a senior journalist, he may be good at a particular field of reporting, such as politics, economy, social events, etc., and has profound professional knowledge and unique insights in this field.
The interest rate on existing mortgage loans has been lowered! It will benefit 50 million households with existing mortgage loans. On September 24, Pan Gongsheng, governor of the People's Bank of China, stated at a press conference held by the State Information Office that the interest rate on existing mortgage loans will be lowered, and the minimum down payment ratio for mortgage loans will be unified to guide commercial banks to lower the interest rate on existing mortgage loans to near the interest rate on newly issued mortgage loans. On the same day, Pan Gongsheng introduced at the press conference that the People's Bank of China intends to guide banks to make batch adjustments to the interest rates on existing mortgage loans, and the average reduction is expected to be around 0.5 percentage points. It is estimated that this policy will benefit 50 million households and 150 million people, and will reduce the total interest expenditure of households by about 150 billion yuan per year on average. Many borrowers are familiar with lowering the interest rates on existing mortgage loans. In August last year, the People's Bank of China promoted commercial banks to orderly reduce the interest rates on existing mortgage loans.
In order to thoroughly study, publicize and implement the spirit of the Third Plenary Session of the 20th CPC Central Committee and further enhance the theoretical literacy and presentation ability of the members of the youth lecturer group, on the afternoon of September 25, the Pudong Youth Lecturer Group held a closing ceremony for the theme lecture and demonstration of the Third Plenary Session of the 20th CPC Central Committee and the Gold Medal Lecturer Training Camp, guided by the Propaganda Department of the Pudong New Area District Committee and hosted by the Pudong Communist Youth League. The event used a variety of methods such as topic sharing, situational lectures, and interactive speeches. Focusing on the theme of "Youth Takes on the Responsibility for Chinese-style Modernization", the event studied, publicized and implemented the spirit of the Third Plenary Session of the 20th CPC Central Committee, and demonstrated the vivid practice of the vast number of Pudong youth standing at the forefront of leading the construction of the district, realizing the "two-way rush" of youth and theory. At the event site, Li Yuying, a young teacher from the Party Building Teaching and Research Department of the Pudong New Area District Party School, brought the "Party's Innovative Theory"
On September 25, the 8th China Shanghai Jing'an International Sculpture Exhibition opened in Jing'an Sculpture Park. With the theme of "Space Concerto", it explored the harmonious coexistence between art, cities and citizens, and exhibited 35 works by 31 artists from 10 countries around the world, 22 of which were newly commissioned. The China Shanghai Jing'an International Sculpture Exhibition continues the "Space" series and takes "Space Concerto" as the curatorial theme. Cheng Jing, curator of the project department of the Ullens Center for Contemporary Art, introduced that since its inception in 2010, the sculpture exhibition has been presented in the form of a biennial. The first five sessions were based on the "city" as the clue, and the last five sessions were more closely integrated with "space". The park where the sculpture exhibition is located is not just a park, but a multi-functional space that brings together art, commerce and leisure. With the insight of professional art institutions
"There is the Ancient Tea-Horse Road in the east and the 'Ancient Salt-Sheep Road' in the west. The tradition of border trade based on salt and sheep on the 'Ancient Salt-Sheep Road' can be traced back to more than 1,000 years ago. Today, this thousand-year-old ancient road, which has witnessed the friendly exchanges between China and Nepal, is ushering in new vitality. Located in Yare Township, Zhongba County, Shigatse City, Tibet Autonomous Region, with an altitude of 4,772 meters, the Lizi Port is the highest and "youngest" open port in Tibet. Shigatse Customs staff supervise the export of live sheep at the Lizi Port. The Lizi Port is adjacent to Mustang County, Nepal in the south, and corresponds to the Nepalese Naiqiong Port. Wang Jinjian, a customs broker who is handling customs declaration procedures for local border residents, said: "Since the opening of Lizi, export goods can reach Pokhara, the second largest city in Nepal, through the port, without having to go around Kathmandu, and trade exchanges have become much more convenient.
The weather turns cooler after the autumnal equinox, which can easily cause gastrointestinal problems such as abdominal distension and diarrhea. How can we recuperate to protect the spleen and stomach from harm? What practical health care acupoints are recommended for the elderly and frail? △ Gong Yanbing, chief physician of Dongzhimen Hospital of Beijing University of Chinese Medicine After the consumption of the hot summer, the spleen's transportation and transformation function of the human body decreases in autumn. If you are not careful in your diet, it may cause diarrhea and abdominal distension. At the same time, the gastrointestinal tract is very sensitive to cold stimulation, and improper protection can easily cause or aggravate gastrointestinal diseases. At this time, the diet should be warm and easy to digest, and avoid raw, cold, greasy, spicy and irritating foods. At the same time, wind and cold can easily invade the back and abdomen of the human body. Protect the back and abdomen to avoid cold. If the wind and cold invade the back, cold symptoms such as nasal congestion and cough may occur. Wind and cold invasion of the abdomen can cause stomach cold
There has been new progress in the reform and risk reduction of village banks in Hebei. On September 24, the administrative licensing information disclosed on the official website of the Financial Regulatory Bureau showed that three village banks in Hebei were approved for dissolution a few days ago; on the same day, Shijiazhuang Hengsheng Village Bank was approved to absorb and merge two village banks. The approval document for the dissolution of the three village banks showed that on September 20, the Hebei Financial Regulatory Bureau agreed to the dissolution of Changli Jiayin Village Bank, Qinhuangdao Funing Jiayin Village Bank, and Lulong Jiayin Village Bank. The reason for the dissolution of these three village banks was that they were acquired by Zhangjiakou Bank. The Hebei Financial Regulatory Bureau pointed out that all the businesses, properties, claims, debts and other rights and obligations of the three banks will be inherited by Zhangjiakou Bank, and the three banks are required to strictly handle the dissolution-related matters in accordance with the relevant laws and regulations; from the date of receipt of the approval
At the press conference held by the State Council Information Office on September 24, the central bank issued a number of important policies, including lowering the reserve requirement ratio, lowering interest rates, and lowering the interest rates on existing mortgage loans. What impact will these policies have on the market? Wen Bin, chief economist of China Minsheng Bank, and Lian Ping, chairman of the China Chief Economist Forum, provide interpretations. Policy 1: The deposit reserve ratio will be lowered by 0.5 percentage points in the near future. Wen Bin, chief economist of China Minsheng Bank, said that lowering the reserve requirement ratio means releasing long-term low-cost funds to the financial system, which will help guide financial institutions to further reduce the financing costs of the real economy. The recent issuance of treasury bonds and local government special bonds is at a peak. Lowering the reserve requirement ratio will also help financial institutions increase their allocation to government bonds, promote better coordination between monetary policy and proactive fiscal policy, and consolidate the upward trend of the economy. Wen Bin also said that there will be more than 20% in the fourth quarter.
On the 25th, the Ministry of Commerce held a special press conference on the "Statistical Communiqué of China's Outward Direct Investment in 2023". Zhang Li, Director of the Cooperation Department of the Ministry of Commerce, said that the Third Plenary Session of the 20th CPC Central Committee proposed to "deepen the reform of the outward investment management system" and "improve the outward investment management service system." In recent years, the Ministry of Commerce has actively implemented the decisions and deployments of the Party Central Committee and the State Council, continuously improved the outward investment management system, strengthened overseas comprehensive services, protected the legitimate rights and interests of enterprises, and helped enterprises to carry out international operations. The main work has been carried out in the following aspects: First, promote the innovative development of outward investment. Focusing on expanding investment in emerging fields, since 2023, the Ministry of Commerce has signed 42 green, digital, and blue economy investment cooperation memoranda with relevant countries to deepen cooperation with various countries in green development, digital economy and blue economy.
On September 24, local time, Serbian President Vucic met with Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, during the UN General Assembly in New York. Wang Yi first conveyed the cordial greetings of President Xi Jinping. Wang Yi said that Mr. President is an old friend and a good friend of the Chinese people. China and Serbia trust and support each other and jointly safeguard international fairness and justice. In May this year, President Xi Jinping paid a state visit to Serbia and had in-depth strategic communication with Mr. President, reaching broad consensus and pointing out the direction for the development of bilateral relations. China-Serbia friendship has a deep public opinion foundation. China is willing to work with Serbia to implement the important consensus reached by the two heads of state, firmly defend the ironclad friendship between China and Serbia, and solidly promote the construction of a community with a shared future for China and Serbia in the new era. On the issue of Kosovo, China firmly supports Serbia in safeguarding its national sovereignty and territorial integrity.
Recently, the Shanghai Municipal Government reviewed and approved the "Service Consumption Voucher Issuance Plan of Our City", and decided to issue "Happy Shanghai" service consumption vouchers to four fields, namely catering, accommodation, movies, and sports. Reporters learned from the press conference held by the Municipal Government Information Office on September 25 that the names of the four types of consumption vouchers are "Happy Shanghai" catering consumption vouchers, "Happy Shanghai" accommodation consumption vouchers, "Happy Shanghai" movie consumption vouchers, and "Happy Shanghai" sports consumption vouchers. This name design reflects the identity of Shanghai, conforms to the current trend of experiential consumption, and interprets the theme of "happy consumption". It is reported that this round of service consumption vouchers has invested 500 million yuan in municipal fiscal funds. According to the proportion of consumption in each field and the needs of citizens, the consumption voucher funds are allocated as follows: 360 million yuan for catering, 90 million yuan for accommodation, 30 million yuan for movies, and 20 million yuan for sports.