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February 11th - The national-level overseas comprehensive service platform was officially launched on February 11th. This is an important measure to implement the spirit of the Fourth Plenary Session of the 20th CPC Central Committee and improve the overseas comprehensive service system. The platform integrates service resources from numerous fields, including law, finance and taxation, foreign affairs, trade and economy, logistics, customs, and trade promotion. It connects various entities such as relevant departments, industry organizations, service agencies, embassies and consulates abroad, and over 100 foreign investment promotion agencies. With over 260 sections and links to 37 sub-platforms, it provides "one-stop" public services to 52,000 overseas enterprises, hundreds of thousands of foreign trade enterprises, and thousands of overseas contracting and labor cooperation enterprises.
Reserve Bank of Australia Deputy Governor Hauser: A stronger Australian dollar helps tighten financial conditions.
February 11th - Recently, the "Shanghai 15th Five-Year Plan for Accelerating the Construction of an International Shipping Center (Draft for Public Comment)" was released for public comment. The plan outlines full support for Shanghais development into a socialist modern international metropolis with global influence. By 2030, Shanghai aims to become a leading international shipping center globally, boasting advanced hub capabilities, high-quality and convenient modern shipping services, exemplary smart and low-carbon shipping practices, a resilient and robust shipping governance system, and significantly enhanced global shipping resource allocation capabilities. The plan further solidifies Shanghais status as a world-class shipping hub. It includes building a leading-edge, high-quality international container hub, leveraging its core leading role in the Yangtze River Delta world-class port cluster, with an annual container throughput of approximately 58 million TEUs. It also aims to consolidate Shanghais position as my countrys premier international aviation hub, essentially establishing it as a leading aviation hub in the Asia-Pacific region, with Shanghais two airports handling 150 million passengers and approximately 4.7 million tons of cargo annually.
Reserve Bank of Australia Deputy Governor Hauser: The risk is that high inflation may persist, and necessary measures will be taken to bring inflation back to the target range.
Reserve Bank of Australia Deputy Governor Hauser: Some inflation will subside, but some inflation appears to stem from supply constraints.