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The 16th meeting of the Steering Committee for China-Vietnam Bilateral Cooperation was held, and the 16th meeting of the Steering Committee for China-Vietnam Bilateral Cooperation was held in Beijing. Member the Political Bureau of the Communist Party of China (CPC) Central Committee and Foreign Minister Wang Yi co-chaired the meeting with Vietnamese Deputy Prime Minister and Foreign Minister Pei Qingshan, and the heads of many ministries and commissions of both sides and local provinces and regions participated online and offline. Wang Yi pointed out that the two sides should maintain a stable strategic direction, maintain high-level exchanges and counterpart cooperation and exchanges, and jointly enhance their ruling ability. China supports Vietnam's preparations for the 14th National Congress of the Communist Party of Vietnam (CPV) and the socialist road in line with Vietnam's national conditions. We must lay a solid foundation for security, give full play to the "3+3" strategic dialogue between China and Vietnam in diplomacy, national defense and public security, and firmly unite and cooperate to safeguard common interests. It is necessary to promote mutual benefit and win-win, expand two-way trade and investment, build a stable and smooth cross-border industrial chain supply chain, improve the level of infrastructure interconnection and trade and investment facilitation, and strengthen cooperation in emerging fields such as artificial intelligence, e-commerce, digital economy and green development. We should cultivate people-to-people friendship, organize the 75th anniversary of the establishment of diplomatic relations between China and China and the China-Vietnam People-to-People Exchange Year next year, encourage more Vietnamese tourists to travel to Vietnam, and support the opening of flights between the two countries. It is necessary to strengthen coordination and cooperation under the mechanisms of the United Nations, ASEAN and Lanzhou-Mekong cooperation, practice true multilateralism and safeguard the common interests of developing countries. It is necessary to manage differences properly, adhere to bilateral friendly consultations, continue to make good use of the border negotiation mechanism, and promote new progress in maritime cooperation. (Ministry of Foreign Affairs)From January to October this year, Guangzhou's import and export volume to South Korea reached 32.2 billion yuan, and the round-table dialogue on Guangzhou-South Korea economic and trade cooperation in 2024 was held in Guangzhou on the 10th. At the event site, Wu Bingxiang, deputy director of Guangzhou Municipal Bureau of Commerce, introduced that Korean-funded enterprises have been deeply cultivated in Guangzhou for many years, and the two sides have broad space for cooperation. Among them, in terms of trade, from January to October this year, Guangzhou's import and export value to South Korea reached 32.2 billion yuan, up 4.4% year-on-year, of which the import value was 22.46 billion yuan, up 10.7% year-on-year. By October 2024, South Korea had set up more than 1,800 enterprises in Guangzhou, with the actual foreign investment reaching 3.825 billion US dollars. (Zhongxin. com)The output value of cosmetics industry in Guangzhou has exceeded 100 billion yuan. The Information Office of Guangzhou Municipal Government held a press conference to introduce the second Guangzhou International Beauty Week, which will be held from December 17th to 21st. The reporter learned that the output value of Guangzhou's cosmetics industry has exceeded 100 billion yuan, ranking first in the country in scale, and beauty cosmetics are becoming a city feature of Guangzhou.

Biden's administration is striving to ensure a ceasefire in Gaza before January 20th. CNN quoted people familiar with the matter as saying that the administration led by US President Biden is "working increasingly closely" with officials of the new administration to achieve a ceasefire in Gaza before Trump is sworn in on January 20th.The output value of cosmetics industry in Guangzhou has exceeded 100 billion yuan. The Information Office of Guangzhou Municipal Government held a press conference to introduce the second Guangzhou International Beauty Week, which will be held from December 17th to 21st. The reporter learned that the output value of Guangzhou's cosmetics industry has exceeded 100 billion yuan, ranking first in the country in scale, and beauty cosmetics are becoming a city feature of Guangzhou.Guizhou Gas: Cheng Yuedong was elected as the chairman of the board of directors. Guizhou Gas (600903) announced on the evening of December 10th that the company held the 22nd meeting of the third board of directors, and elected Director Cheng Yuedong as the chairman (legal representative) of the third board of directors of the company and no longer served as the general manager of the company. Nominated by the chairman of the company, Wang Ruoyu was agreed to be appointed as the general manager of the company and no longer served as the deputy general manager of the company.

China's self-developed heavy ion research device with low energy, high current and high charge passed the acceptance test. The reporter learned from the Institute of Modern Physics of Chinese Academy of Sciences that today (10th), the research device with low energy, high current and high charge passed the on-site acceptance test of the expert group of the National Natural Science Foundation of China. The device can provide advanced experimental conditions for frontier basic research such as nuclear astrophysics and atomic physics and research and development of nuclear energy materials.Bank for International Settlements: Swap spreads are reflecting investors' concerns about excessive bond supply. The Bank for International Settlements (BIS) pointed out that huge government loans are having an impact on the global interest rate market, saying that investors have demanded higher premiums for buying sovereign bonds. In its quarterly report released on Tuesday, the agency pointed out that the swap spreads of various currencies and maturities have narrowed rapidly in recent months, which are "signs of possible oversupply". As investors are worried about huge debt and deficit expansion, the yields of government bonds in the euro zone and Japan have recently exceeded comparable swap rates. This leads to the so-called swap spread becoming negative. Because national debt is usually regarded as a safer investment than interest rate swap, it is unusual for the swap spread to enter the negative range. According to the Bank for International Settlements, the negative swap spread seems to reflect the pressure faced by investors and intermediaries because they need to absorb more government bonds in the near future. In the United States, the swap spreads for some maturities have been negative for many years.The trade union chairman said that Japan's acquisition of REFILE may mean the long-term decline of American steel companies.