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The Bank of Canada's statement no longer mentions that it is reasonable to expect further interest rate cuts if the economic development is consistent with the forecast. The need for further interest rate cuts will be assessed and a decision will be made one by one.Fujia shares: general election of the board of directors and the board of supervisors. On December 11, Fujia shares announced that the second board of directors of the company will expire on December 29, 2024, and the general election of the board of directors and the board of supervisors will be held. Mr. Wang Yuedan, Mr. Lang Yiding, Mr. Tu Ziqun, Mr. Luo Junbin, Ms. Wang Yiming and Mr. Kang Zuyao are nominated as candidates for non-independent directors of the third board of directors, and Mr. Shen Hongjian, Mr. Yu Weixing and Ms. Zheng Jiwen are candidates for independent directors. At the same time, Mr. Li Qiuyuan and Mr. Shen Xuejun were nominated as candidates for the non-employee representative supervisor of the Third Board of Supervisors, and Mr. Li Mingming was appointed as the employee representative supervisor.Head of Consumer Investment at Bank of America: It is estimated that consumer spending will increase by 7% this holiday season in the United States.

China plans to build about 10,000 superior specialties of traditional Chinese medicine by 2029. The reporter learned from state administration of traditional chinese medicine on the 11th that China will promote the construction of superior specialties of traditional Chinese medicine at different levels to further improve the clinical efficacy of traditional Chinese medicine. By 2029, a network of superior specialties of traditional Chinese medicine with complete professional fields, wide geographical coverage, reasonable structural layout and obvious characteristics of traditional Chinese medicine will be formed, and the overall scale of superior specialties of traditional Chinese medicine in China will reach about 10,000. (Xinhua News Agency)The promotion meeting of Hainan Free Trade Port (Hong Kong) was held in Hong Kong, and the promotion meeting of Hainan Free Trade Port (Hong Kong) was held in Hong Kong Convention and Exhibition Center on the 11th, aiming at further strengthening the economic and trade cooperation and exchanges between Hainan Free Trade Port and Guangdong-Hong Kong-Macao Greater Bay Area, and contributing to the construction of Hainan Free Trade Port. At the event site, Ning Hongwen, president of Hainan Provincial Council for the Promotion of International Trade and Hainan International Chamber of Commerce, delivered speeches, saying that the promotion meeting would enable entrepreneurs of the two places to jointly explore new opportunities for economic and trade cooperation between Hainan Free Trade Port and Guangdong-Hong Kong-Macao Greater Bay Area, share successful experiences of the industrial and commercial circles and seek common development. Xu Jinli, director of bilateral cooperation department of China International Chamber of Commerce, said that Hong Kong and Hainan should grasp the complementary and synergistic effects in supply chain, further promote in-depth cooperation in smart logistics, cross-border e-commerce and green supply chain, and inject more vitality into the joint development of Guangdong-Hong Kong-Macao Greater Bay Area and Hainan Free Trade Port. (Xinhua News Agency)The Bank of Canada cut interest rates by 50BP for the second consecutive month, and the Bank of Canada lowered its policy interest rate from 3.75% to 3.25%, which was the second consecutive month to cut interest rates by 50 basis points, in line with market expectations, and cut interest rates by 175 basis points during the year.

The power company said that Nigeria suffered a nationwide power outage due to power grid failure.On December 11th, 2024, China International Cargo Airlines Co., Ltd. (referred to as Air China) disclosed its prospectus, and planned to issue new shares and go public in Shenzhen in the near future.Bank of Canada: Canada's economic growth in the fourth quarter seems weaker than expected. Bank of Canada: Canada's economic growth in the fourth quarter seems weaker than expected. The United States may impose new tariffs on Canadian products exported to the United States, increasing uncertainty and casting a shadow over the economic prospects. Consumer spending and household activities both picked up in the third quarter, indicating that lower interest rates began to boost household spending. The growth in the fourth quarter may be weaker than the 2% annualized level expected by the central bank, and the average inflation rate is expected to be close to 2% in the next few years.