中央财政首发养老消费补贴，价格法时隔27年重修丨一周热点回顾

Group 1: Hainan Free Trade Port - Hainan Free Trade Port is set to officially start operations on December 18, 2025, establishing a customs supervision area with a policy of "one line open, one line controlled, and free flow within the island" [2][3] - The "zero tariff" system for imported goods has been established, allowing eligible enterprises registered in Hainan to import goods without tax under certain conditions [3] - The implementation of the zero tariff policy is expected to lower production costs for market entities and enhance the level of trade liberalization and facilitation in Hainan [3] Group 2: Pension Service Subsidies - The central government has initiated a nationwide pension service consumption subsidy for elderly individuals with moderate to severe disabilities, covering various types of care services [4][5] - Eligible elderly individuals can receive monthly subsidies of 800 yuan for institutional care and 500 yuan for home care services, with a discount of 30% to 60% on service costs [4][5] Group 3: Fiscal Revenue and Expenditure - In the first half of the year, national public budget revenue decreased by 0.3%, while public budget expenditure increased by 3.4%, indicating a more proactive fiscal policy [6][7] - Tax revenue fell by 1.2%, but the decline is narrowing, reflecting a stabilizing economy, with 27 provinces reporting revenue growth [7] Group 4: Price Law Revision - The first revision of the Price Law in 27 years aims to enhance government pricing regulations and address unfair pricing behaviors, including low-price dumping and price collusion [8][9] - The revised law will strengthen market regulation and support fair competition, particularly in the context of new economic models and the current international environment [9] Group 5: Commodity Market Trends - Recent trends in the commodity futures market show significant price increases, with major contracts for glass, soda ash, coking coal, and silicon reaching their daily price limits [10][11] - The price surge is driven by supply-side factors and expectations of increased demand due to fiscal policy initiatives and infrastructure projects [11] Group 6: US Trade Agreements - The US has reached trade agreements with Japan, the Philippines, and Indonesia, with Japan committing to invest $550 billion and open its markets to US goods [12] - The agreements may set a precedent for future trade negotiations, particularly with the EU, which is also in discussions with the US regarding tariff frameworks [12] Group 7: Federal Reserve and Monetary Policy - Tensions between President Trump and Federal Reserve Chairman Powell have escalated, with Trump criticizing Powell's monetary policy decisions [13] - The ongoing conflict raises concerns about the independence of the Federal Reserve and potential implications for inflation and long-term interest rates [13]