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ECB: Domestic inflation has dropped slightly, but it is still at a high level. ECB: Staff now expect the economic recovery to be slower than predicted in September. As time goes on, the influence of restrictive monetary policy gradually fades, which should support the recovery of domestic demand. Domestic inflation has declined slightly, but it is still at a high level, mainly because wages and prices in some industries are still being adjusted to adapt to the past inflation surge.The United States ITC issued a 337-part final ruling on the wireless front-end module and its downstream equipment. According to the China Trade Relief Information Network, on December 10, 2024, the United States International Trade Commission (ITC) issued a notice saying that it made a 337-part final ruling on a specific wireless front-end module and its downstream equipment: the preliminary ruling (No.13) made by the administrative judge in this case on November 8, 2024 will not be reviewed, that is, based on the withdrawal of the applicant, Kangxi Communication Technology (Shanghai) Co., Ltd. and Ruijie Network Co., Ltd. are listed as defendants.ByteDance and Peking University set up the Joint Lab of Bean Bag Large Model System Software. On the evening of December 12th, the signing ceremony of Peking University-ByteDance Joint Lab of Bean Bag Large Model System Software and the academic seminar of "Intelligent Software Technology and Ecology for Large Model" were held in Yingjie Exchange Center, Peking University. Experts attending the meeting agreed that it is of great significance to promote the deep integration of Industry-University-Research to promote the breakthrough of core technologies of artificial intelligence. The establishment of this joint laboratory is an important milestone in collaborative innovation between schools and enterprises, and will jointly promote the technological innovation and application development of large-scale model system software based on the advantages of both parties. (Sina Technology)

Indian Minister of Steel: Considering the growth of domestic consumption, there is no possibility of assets stranded in the future.South Korea's National Election Commission: South Korean President Yin Xiyue's remarks undermined South Korea's electoral system.Huadong Pharmaceutical has established a new company in Jiaxing with a registered capital of 60 million yuan. According to Tianyancha App, Huadong Pharmaceutical (Jiaxing) Co., Ltd. was recently established with Zhu Li as its legal representative and a registered capital of 60 million yuan. Its business scope includes drug wholesale, drug retail, decoction service for Chinese herbal pieces, third-class medical device operation, drug Internet information service, drug import and export, third-class medical device rental and medical device Internet information service. According to shareholder information, the company is wholly owned by Huadong Pharmaceutical (000963).

Jilin: Promote the high-quality development of ice and snow economy. According to the information office of Jilin Provincial People's Government, the press conference on "Implementation Opinions on Promoting the High-quality Development of Ice and Snow Economy in Jilin Province" was held on the 12th. The "Implementation Opinions" deployed 30 key tasks in 7 aspects. Zhang Chunda, deputy director of the Provincial Development and Reform Commission, said that from the aspects of promoting infrastructure construction and strengthening policy support, efforts will be made to consolidate the development foundation of the ice and snow industry and help the ice and snow economy accelerate iterative upgrading.Vassilis, a foreign exchange strategist, quickly commented on the ECB's resolution: the euro fell to a new low because the ECB gave up the "restrictive policy" part of the statement, but this does not mean that the policy language is downright dovish. Bonds in the euro zone are in a moderate trend.European Central Bank: It plans to stop reinvesting in the Emergency Anti-epidemic Bond Purchase Program (PEPP) by the end of 2024. Continue to reduce the emergency anti-epidemic bond purchase program (PEPP) by 7.5 billion euros per month.