EUR/USD
1.16100
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Gold
4520.10
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Oil
96.497
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USD/JPY
159.038
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GBP/USD
1.34245
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GBP/JPY
213.487
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Real-time News
A Reuters poll shows that 14 of 27 economists expect the Reserve Bank of New Zealand (RBNZ) to raise the official cash rate to 2.50% or higher by the end of the third quarter; the median forecast for the official cash rate at year-end is 2.75% (compared to 2.50% in the April survey). 28 of the 29 economists expect the RBNZ to keep the cash rate at 2.25% on May 27.On May 22, Li Chao, Deputy Director of the Policy Research Office and Spokesperson of the National Development and Reform Commission, stated at a press conference that the core technologies and application demands in the field of artificial intelligence are showing rapid growth. We consistently adhere to a systematic approach, sector-specific policies, openness and sharing, and security and controllability, promoting the extensive and deep integration of artificial intelligence with all sectors of the economy and society. We guide domestic large-scale models to increase their adaptation to domestic computing chips, ensuring independent control, ethical development, and steady progress while maintaining rapid development, so that all people can share the fruits of artificial intelligence development. This is also a prominent feature of my countrys artificial intelligence development.The main fuel oil contract fell by 2.00% during the day, and is currently trading at 4037.00 yuan/ton.On May 22, Li Chao, Deputy Director of the Policy Research Office of the National Development and Reform Commission, stated at a press conference that the Commission, in conjunction with relevant departments, has formulated lists of integrated circuit companies or projects eligible for tax incentives, as well as lists of software companies, for six consecutive years. Overall, the tax incentive policies have effectively reduced costs, promoted R&D, and stabilized expectations, powerfully driving the rapid development of industries such as integrated circuits, basic software, industrial software, and artificial intelligence software.On May 22, Li Chao, Deputy Director of the Policy Research Office of the National Development and Reform Commission, stated at a press conference that supporting loans for technological upgrading and equipment renewal is one of the important measures to promote the implementation of the "two new" policies (new industries and new business models). In recent years, various departments have focused on the needs of enterprises and continuously optimized and improved relevant policies and measures. For example, in terms of expanding the scope, this years re-lending quota for technological innovation and technological upgrading has increased from 500 billion yuan to 1.2 trillion yuan, and the scope of support has been expanded to 14 fields, including electronic information, artificial intelligence, facility agriculture, and consumer commercial facilities. These are all key areas with active equipment renewal, which are conducive to the transformation and upgrading of traditional industries or the incubation of new productive forces. At the same time, private small and medium-sized enterprises with high R&D investment levels have also been included in the support scope. In terms of improving quality, this years interest rate for re-lending for technological innovation and technological upgrading has been reduced from 1.75% to 1.25%, and the fiscal subsidy standard for equipment renewal loans has been increased from 1 percentage point to 1.5 percentage points.
