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The Ministry of Ecology and Environment intends to further clarify the standards and conditions for enterprises to declare special funds for the disposal of waste electrical and electronic products. On the 10th, the Ministry of Ecology and Environment publicly solicited opinions on the Notice on Standards and Conditions for Enterprises to Declare Special Funds for the Disposal of Waste Electrical and Electronic Products (Draft for Comment). It is proposed that the declaration conditions should be determined according to the following principles: First, fair competition. Do not distinguish between enterprises subsidized by the original waste electrical equipment treatment fund and enterprises newly entering the market, and unify the reporting conditions. The second is to reward the excellent and help the strong. In order to ensure that the financial incentive policy is inclined to large-scale and high-quality enterprises, and at the same time, considering the development differences between regions, we have set the minimum quantity requirements. The number of processing enterprises located in the western region is 900,000 units (sets), and the number of processing enterprises located in other regions is 1 million units (sets). The third is a smooth transition. As 2024 is a policy transition year, the processing quantity in 2024 is the main factor in the allocation of special funds in 2025. Considering the market affordability and the adjustment period of production and operation of enterprises, a transition period is set aside for the setting of the number requirements for special funds in 2025, and it is planned to set the number requirements to 500,000 units (sets) per year.According to the news of China Securities Industry Association on December 11th, on December 5th, the meeting of directors and all members of regional equity market professional committee of China Securities Association was held in Chongqing. The meeting studied and implemented the spirit of the Third Plenary Session of the 20th CPC Central Committee and the new "National Nine Articles" in the capital market, and studied and discussed the key work of the Committee. The main person in charge of the China Securities Association, the relevant persons in charge of the Second Market Division of the China Securities Regulatory Commission, Chongqing Local Financial Administration and Chongqing Securities Regulatory Bureau attended the meeting, and more than 60 staff members of CSI Technology, Chongqing Securities and Futures Association and Securities Industry Association and Committee members attended the meeting.Bitcoin exceeded $99,000/piece, up 2.49% in the day.

Navigation warning Military training was conducted in some sea areas of the South China Sea, and the Qinglian Maritime Safety Administration issued a navigation warning. From December 16 to 18, from 18: 00 to 20: 00 every day, military training was conducted in some sea areas of the South China Sea, and entry was prohibited. (Website of China Maritime Safety Administration)The US Supreme Court dismissed the securities fraud lawsuit filed by shareholders against NVIDIA (NVDA.O).Bank of Canada: The sharp interest rate cut is aimed at supporting economic growth and keeping CPI at a level close to 2%.

Market news: Russia may use new medium-range ballistic missiles to Ukraine.The United States conducted a ballistic missile interception test in Guam for the first time. The US Missile Defense Agency issued a statement on the 10th, saying that the United States conducted a ballistic missile interception test in Guam in the western Pacific for the first time, and launched a "Standard -3 Block 2A" missile with Aegis anti-missile system equipped with new radar and vertical launcher, and intercepted an air-launched medium-range ballistic missile near the coast of Anderson Air Force Base in Guam. Experts say that by strengthening its military presence in the western Pacific, the United States is trying to bury the hidden danger of an arms race in the region, which will really affect the people of the whole region. (CCTV International News)Saudi Arabia won the right to host the 2034 World Cup, and the FIFA Council confirmed that the 2034 World Cup will be hosted by Saudi Arabia, which is the third time that Asia has hosted the World Cup. At the same time, Saudi Arabia is also the only bidding country for the 2034 World Cup. The Saudi Football Association announced its bid to host the 2034 World Cup on October 9, 2023. By the deadline of November 1, 2023, there was still only one bidding country in Saudi Arabia. This is the first time in nearly 60 years that FIFA has determined the right to host the World Cup without competitors. Saudi Arabia is also the fourth Asian country to host the World Cup after South Korea and Japan in 2002 and Qatar in 2022. This is the second time that the World Cup has entered West Asia.