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 The construction of a new model of real estate development is expected to make positive progress. From December 11th to 12th, the Central Economic Work Conference was held in Beijing. The meeting emphasized "stabilizing the property market and stock market". Specific to the key tasks to be done next year, the meeting made it clear that "the real estate market will continue to exert efforts to stop falling and stabilize" and "promote the construction of a new model of real estate development". Experts interviewed generally believe that the Central Economic Work Conference will stabilize the property market and further clarify the policy direction of the real estate sector next year. In 2025, relevant policies to promote the stabilization of the real estate market will continue to exert their strength, and the construction of basic systems related to the new model of real estate development is expected to make positive progress. (Securities Daily) 

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)Moody's: It is expected that France's public finances will be greatly weakened in the next few years.Market News: After deliberation by the IMF Executive Board, Jordan unlocked $131 million in funds.

Challenging the monopoly of Europe and America, Chinese and Indian manufacturers have laid out the track of diet pills. For some time, GLP-1 (glucagon-like peptide -1) diet pills have caught fire in the United States and other western countries, and gradually marched into emerging markets. At present, two major pharmaceutical companies, Novo Nordisk in Denmark and Lilly in the United States, occupy most of the market share in the field of GLP-1 diet pills, but other pharmaceutical companies are also actively deploying the track. In 2026, Novo Nordisk's patent on smeagoutide will expire in China and India, while the patent on liraglutide, the main effective ingredient of the previous generation of GLP-1 diet pills, has expired in China and India. The industry believes that China and India, as two emerging markets, have a strong momentum of innovation and development in the pharmaceutical industry of both countries, and have great potential in the GLP-1 diet pills track. The entry of Chinese and Indian pharmaceutical companies will make the international competition in the field of GLP-1 diet pills more intense. (Global Times)The head of the South Korean Police Department was formally detained. According to South Korean media reports, Zhao Zhihao, the head of the South Korean Police Department, and Kim Fung-sik, the head of the Seoul Police Department, were formally detained on the evening of December 13th. The Central District Court of Seoul said that Zhao Zhihao and Jin Fengzhi had the possibility of destroying evidence, so they issued detention orders. (CCTV International News)Shanghai Stock Exchange: This week, the coastal market has a surplus of transportation capacity, and the comprehensive index is under pressure. According to Shanghai Stock Exchange, this week, the downstream demand is sluggish, the terminal purchasing enthusiasm is not high, and due to multiple factors such as the recovery of ship turnover and the return of concurrently operated ships, the market transportation capacity is surplus, and the comprehensive index is slightly lower. On December 13th, the China coastal (bulk) comprehensive freight index released by Shanghai Shipping Exchange closed at 1123.01 points, down 1.7% from the previous period.