Late-night counterattack! The offshore renminbi has risen against the US dollar breaking through five levels. What happened? Industry expectations suggest that the renminbi may welcome a rebound.
① In the evening, the offshore Chinese yuan against the US dollar continued to rise, recovering the levels of 7.31, 7.30, 7.29, 7.28, and 7.27 in succession, with an increase of nearly 750 points during the day. ② Against the backdrop of current external pressures not significantly easing and the need for further repair of domestic demand in China, the stable Exchange Rates policy will continue to maintain a strong力度.
Is there a re-emergence of a "small money shortage" as the funding situation tightens? The central bank today made a net injection of 98.2 billion yuan into the market.
① This week's reverse repurchase maturity scale reached 1484.8 billion yuan, with the core variable in the financial aspect being the central bank's hedging method. Historically, as the Spring Festival approaches, there is usually a contraction pressure in the financial market, and the central bank often counteracts this by increasing liquidity and timely cutting the reserve requirement ratio. The market believes that a reserve requirement cut before the festival is still possible.
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The National Bureau of Statistics: In 2024, the per capita disposable income of residents nationwide is 41,314 yuan, a nominal increase of 5.3% compared to the previous year.
According to data from the National Bureau of Statistics, in 2024, the per capita disposable income of urban residents nationwide was 41,314 yuan, a nominal increase of 5.3% compared to the previous year, and a real increase of 5.1% after accounting for price factors.
From January to December, fixed asset investment in urban areas in China increased by 3.2% year-on-year.
From January to December 2024, national fixed asset investment (excluding households) reached 51,437.4 billion yuan, an increase of 3.2% compared to the previous year. By industry, the primary, secondary, and tertiary sectors grew by 2.6%, 12.0%, and 1.1% year-on-year, respectively. Within the tertiary sector, infrastructure investment increased by 4.4%, with Water Conservancy management investment growing by 41.7%, Aviation investment up by 20.7%, and Transportation investment increasing by 13.5%.