Core Points - The Xi'an to Yan'an high-speed railway officially commenced operations on December 26, marking the entry of the Shaanxi Northern Revolutionary Area into the high-speed rail era and pushing China's high-speed rail operating mileage beyond 50,000 kilometers [1] Group 1 - The Xi'an to Yan'an high-speed railway starts from Xi'an, passes through Weinan and Tongchuan, and connects to Yan'an Station, with a total length of 299 kilometers [3] - The railway is a crucial part of China's "eight vertical and eight horizontal" high-speed rail network, designed for a maximum speed of 350 kilometers per hour. Initially, up to 38 high-speed trains will operate daily, reducing travel time from Xi'an North to Yan'an Station to 68 minutes, a 62-minute reduction compared to current conventional trains [5] Group 2 - During the 14th Five-Year Plan period, several major projects, including high-speed rail lines from Beijing to Shenyang, Zhengzhou to Chongqing, and others, are set to open, with 82% of the main channels of the "eight vertical and eight horizontal" high-speed rail network already completed, providing strong support for urban agglomeration development [7] Group 3 - High-speed rail now covers 97% of cities with populations over 500,000 in China. The accessibility of high-speed rail is expanding, creating 1 to 2-hour travel circles for cities within a 500-kilometer radius, enabling same-day round trips between major cities within 1,000 kilometers in 4 hours, and facilitating travel between major cities within 2,000 kilometers in 8 hours [9]

Group 1 - The National Internet Information Office and the China Securities Regulatory Commission are intensifying efforts to address false information related to the capital market, taking legal action against accounts spreading rumors and illegal stock recommendations [3] - Specific accounts mentioned include "Eight Sister Invincible" for spreading regulatory rumors, "Financial Report Wind and Cloud" for aggregating false information about listed companies, and "Finance Weekend Teacher" for using AI to fabricate market information [3] - The authorities remind the public to establish correct investment concepts, enhance risk awareness, and improve the ability to discern financial information [3] Group 2 - The Ministry of Commerce reported that from January to November, the national online retail sales increased by 9.1%, with digital products growing by 8.2%, and online service consumption rising by 21.7% [3] - The Ministry of Education announced that the national master's degree entrance examination will take place on December 20-21, urging candidates to comply with examination regulations [3] - The State Administration for Market Regulation has amended the "Provisions on Prohibiting Monopoly Agreements," which will take effect on February 1, 2026, clarifying conditions for permissible vertical monopoly agreements [3]