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Canadian Prime Minister Trudeau: If Trump imposes a 25% tariff, Canada will take countermeasures. Canadian Prime Minister Trudeau said on Monday that if US President-elect Trump imposes a 25% tariff on goods imported from Canada, Ottawa will also take tariff measures to fight back. Trudeau said at an event organized by the Chamber of Commerce in Halifax, Nova Scotia: "Of course, we will respond to unfair tariffs in many ways as we did eight years ago, and we are still studying the appropriate response." The Canadian leader said that there are signs that Americans are "beginning to realize that imposing tariffs on all goods imported from Canada will make the cost of living for Americans much higher".NASDAQ China Jinlong Index closed up 8.5%. More than 10% of the popular Chinese stocks rose, while NASDAQ China Jinlong Index closed up 8.54%. The popular Chinese stocks rose collectively, Tiger Securities rose over 26%, Futu Holdings rose over 17%, Billie Billie rose over 21%, Weilai and Xpeng Motors rose over 12%, iQiyi rose over 11%, JD.COM rose 11%, Pinduoduo and Netease rose over 11%. Many rooms touched the fuse many times in intraday trading, and finally closed up 52.14%.Xu Ji Electric: It is estimated that China Southern Power Grid will win the bid of 468 million yuan. Xu Ji Electric announced that the company is expected to win the bid for the special bidding project of DC main equipment of Guangdong 220 kV Tianhe Tangxia Flexible Straight Back-to-Back Project of China Southern Power Grid, with the amount of about 468 million yuan. This project mainly embeds flexible DC in urban power supply area to realize flexible interconnection technology and improve the flexibility and security of urban power grid. After winning the bid and signing the contract, the performance of the contract will have a positive impact on the future operation of the company but will not affect the independence of the company's business. The flexible DC converter valve products developed by the company based on 6.5kV IGCT devices will be applied in this project, which is the first engineering application in the field of high voltage DC. At present, the project is still in the publicity stage of the winning candidate, and the company has not received the notice of winning the bid.

Ren Hongbin, president of the China Council for the Promotion of International Trade, led a delegation to visit Hong Kong. According to the news of the China Council for the Promotion of International Trade, from December 8 to 10, Ren Hongbin, president of the China Council for the Promotion of International Trade, led a delegation to visit Hong Kong, attended the joint meeting of the Mainland-Hong Kong Chamber of Commerce in 2024 and delivered a speech at the symposium of foreign business associations and foreign-funded enterprises in Hong Kong, and prepared to hold the second Guangdong-Hong Kong-Macao Greater Bay Area Development Business Conference. During his visit, Ren Hongbin met with Lee Ka Chiu John, Chief Executive of the Hong Kong Special Administrative Region, and Qi Bin, Deputy Director of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region. He had extensive exchanges with Lin Jianyue, Chairman of the Hong Kong Trade Development Council, and people from the Hong Kong business community. He had an in-depth exchange of views on deepening economic and trade cooperation between the Mainland and Hong Kong. He went to Jardine Matheson Group, HSBC Group, Swire Group and Cathay Group for investigation, and listened to work reports at the Hong Kong Representative Office of the China Council for the Promotion of International Trade and China Patent Agency (Hong Kong) Co., Ltd.Saudi Arabia said that Israel's occupation of the buffer zone in the Golan showed its intention to "destroy Syria's chances of restoring security".UN Special Envoy for Syria: Damascus needs credible and inclusive transitional arrangements.

Macau International Airport Hengqin Pre-cargo Terminal Project strives to start construction in the first quarter of next year. On December 9, the landing ceremony of Macau International Airport Hengqin Pre-cargo Terminal Project was held in Hengqin Guangdong-Macao Deep Cooperation Zone. The total investment of the project is about 700 million yuan, and the construction will be started in the first quarter of next year. This project creatively puts the functions of security inspection, board-breaking and cargo distribution of Macau International Airport in the cooperation zone, forming a seamless connection between Macau International Airport and Hengqin Cargo Terminal, realizing the rapid interconnection of import and export goods between Guangdong and Macao, building a modern aviation logistics service system of "hub+channel+network", further strengthening the air logistics channel of economic and trade cooperation between China and Portuguese-speaking countries, and creating a new mode of coordinated operation of logistics between and Macao. (released by Zhuhai)The data of VAT invoice shows that the development momentum of "two new products" is good, and the effect of replacing old products with new ones is steadily promoted. The data of VAT invoice shows that in November, the amount of machinery and equipment purchased by enterprises nationwide increased by 4.5% year-on-year. Cumulatively, from January to November, it increased by 6.1% year-on-year, which was 4.2 percentage points faster than the overall purchase amount of enterprises nationwide. Especially in key areas, the effect is obvious, for example, the equipment procurement of industrial enterprises has grown steadily. From January to November, the amount of machinery and equipment purchased by industrial enterprises increased by 5.1% year on year. Among them, the amount of machinery and equipment purchased by manufacturing, electric hot gas and water production and supply industries increased by 5.2% and 5.5% respectively year-on-year, which was higher than the overall growth rate of industrial procurement equipment. For another example, the equipment in business, information and technology industries is updated rapidly. From January to November, the amount of machinery and equipment purchased by modern service industries such as leasing business services, information technology services and scientific research and technology services increased by 10.4%, 16.6% and 19.6% respectively year-on-year, which were significantly higher than the overall growth rate of equipment purchased by enterprises nationwide, reflecting the accelerated development of industries related to new quality productivity. According to the data of VAT invoice, from January to November, the retail sales revenue of household audio-visual equipment such as televisions and household appliances such as refrigerators increased by 15.9% and 18.7% year-on-year, respectively, which was 11.4 and 14.2 percentage points higher than the overall growth rate of retail industry, especially driven by the "Double Eleven" promotion, which increased by 28.8% and 74.4% year-on-year in November. On the other hand, the overall sales of furniture products are improving. According to the data of VAT invoice, from January to November, the sales revenue of furniture retail industry and sanitary ware retail industry increased by 16.8% and 12.5% respectively, which was 12.3 and 8 percentage points higher than the overall growth rate of retail industry, and it showed a rapid growth trend in November, increasing by 36% and 18.8% respectively. (State Taxation Administration of The People's Republic of China)Volkswagen will resume its protracted cost-cutting negotiations with workers next week, and Volkswagen and the labor union will continue negotiations next week, because the two sides still have differences on how to make the automaker more competitive. Arne Meiswinkel, the chief negotiator of the management, said on Monday night that the two sides will hold the fifth round of negotiations again on December 16th to discuss the restructuring of the Volkswagen brand.