5月12日早间新闻精选

Group 1 - The high-level economic and trade talks between China and the US were held in Geneva from May 10 to 11, resulting in important consensus and substantial progress, with both sides agreeing to establish a consultation mechanism [1] - The State Council of China emphasized the need to support free trade pilot zones to align with international high standards and to enhance institutional innovation in service trade and cross-border data flow [1] - The People's Bank of China announced a new loan program for service consumption and elderly care, with a total quota of 500 billion yuan to encourage financial support in key service sectors [1] Group 2 - The first quarter monetary policy report from the People's Bank of China highlighted the importance of maintaining reasonable growth in financing and monetary supply while implementing a moderately loose monetary policy [2] - The China Securities Regulatory Commission released its legislative work plan for 2025, focusing on strengthening regulation in key areas of the capital market to protect the rights of small and medium investors [2] - The retail market for new energy passenger vehicles in April reached 905,000 units, a year-on-year increase of 33.9%, while the cumulative retail for January to April was 3.324 million units, growing by 35.7% [2] Group 3 - Over 20 commercial banks have lowered their fixed deposit rates since April, with high-interest deposits above 3% becoming increasingly rare, indicating a shift towards lower interest rates in the banking sector [2] - The stock performance of companies such as Chengfei Integration and Red Wall Holdings indicated no significant changes in their operational environment, while Wanxiang Qianchao is in discussions for a major asset restructuring [2] - The chairman of Maiwei Bio is under investigation for suspected insider trading, and the chairman of China First Heavy Industries is also under disciplinary review [2]