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Lan Foan met with World Trade Organization Director-General Ivira. On December 9, 2024, Minister Lan Foan met with World Trade Organization Director-General Ivira in Beijing. The two sides exchanged views on enhancing the transparency of subsidy policy, supporting the operation of global trust funds and maintaining the multilateral trading system.Huaxi Energy signed a strategic cooperation agreement with the government of Jiangbul State, Kazakhstan. According to the official news of Huaxi Energy, on December 11th, representatives of Jiangbul State Government, Huaxi Energy and Safaa Energy of Kazakhstan jointly signed a strategic cooperation agreement on developing renewable energy (wind energy, solar energy and hydropower), energy conservation and garbage power generation-related projects in Kazakhstan.Institution: The battery price stabilized in November, and it is expected to rise slightly in 2025. On December 12, according to the latest research of TrendForce Jibang Consulting, in November 2024, the sales of electric vehicles in China continued to increase, which boosted the demand for power batteries, and the price of Ferrous lithium phosphate batteries remained stable, while the ternary batteries declined slightly. The demand for batteries in the energy storage market maintained the peak season characteristics, and with the price advantage of large-capacity batteries, the proportion of shipments increased. However, the average price of energy storage batteries continued to decline in November due to the slowdown in demand for orders at the end of the year. The agency expects that the price of some lithium battery materials may rise slightly in the peak season of 2025, which is expected to repair the serious losses of the company in the early stage. However, due to the fact that the relationship between supply and demand has not changed from surplus to shortage, the expected increase in material prices is limited, and battery manufacturers actively control costs, the battery price trend will be stable next year.

China galaxy International lowered the target price of Yanghe shares from RMB 88.00 to RMB 84.00.Nanchang land port "Changsha-Xiamen-Hong Kong Link" rail-sea intermodal train was opened. On the morning of December 12th, two trains loaded with "Made in Jiangxi" drove out of Nanchang land port in turn under the supervision of Ganjiang New District Customs, marking the official opening of the "Changsha-Xiamen-Hong Kong Link" rail-sea intermodal train from Nanchang land port to Xiamen Port, which greatly boosted the construction of modern logistics system in Jiangxi to a new level.Another ruling party member supported the impeachment of Yin Xiyue. On the morning of 12th local time, Zhongwu Qin, a famous Korean shooter, Olympic champion and member of parliament of the ruling National Power Party, expressed his support for the impeachment of President Yin Xiyue. At present, six members of parliament of the ruling party have publicly indicated that they will support the impeachment case of President Yin Xiyue. Earlier, South Korea's ruling National Power Party MP Kim Jae-sub announced on the 11th that he would vote in favor of the next presidential impeachment case, bringing the number of ruling party MPs in favor of impeaching President Yin Xiyue to five. South Korea's pan-opposition party has 192 seats in the National Assembly. If the impeachment motion is to be passed in the National Assembly, it needs to obtain at least two-thirds majority of the total 300 seats in the National Assembly, that is, 200 votes in favor. Therefore, the opposition party needs to win at least 8 ruling party members to vote in favor. (CCTV)

Another member of South Korea's ruling party said he would vote to impeach President Yoon.Lan Foan, Minister of Finance, met with Georgieva, Managing Director of the International Monetary Fund. On December 9, Lan Foan, Minister of Finance, met with Georgieva, Managing Director of the International Monetary Fund. The two sides exchanged views on the global and China economic situation, the focus of China's fiscal policy and the debt of developing countries, accompanied by Liao Min, Vice Minister of Finance.The main fuel contract rose by 4.00% in the day and is now reported at 3188.00 yuan/ton.