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Chief Financial Officer of Citigroup: Facts have proved that the global economy is flexible.China Mobile cooperated with Huawei to complete the first commercial deployment of 5G EasyMacro high-precision positioning for subway tunnels in China. On December 10th, according to Huawei's official news in China, in response to the requirements for positioning capability of communication industry in China's 14th Five-Year Plan, China Mobile Design Institute and Shanghai Mobile Company cooperated with Huawei to successfully realize the first commercial deployment of 5G EasyMacro (EM) high-precision positioning solution in Shanghai subway tunnel. As an important network capability in vertical industry, the successful deployment of 5G high-precision positioning in subway tunnel scene marks a major breakthrough in 5G private network positioning technology.In the United States, the annual retail sales rate of red books in the week to December 7 was 4.2%, and the previous value was 7.4%.

*ST Reclamation: the project won the bid of 214 million yuan. *ST Reclamation Announcement, the company has been determined as the bid winner of "General Contract of the Second Passage of Yuyao North Pai-Jiangsimen Pumping Station Project of Taojia Road", and the bid amount of the project is 214 million yuan. The winning bid accounted for 6.85% of the company's audited net assets in 2023 and 10.01% of the company's total audited operating income in 2023. If the contract is finally signed, it will have a positive impact on the company's operating income and net profit in the future.Institution: Sweden's weak economic data highlights the need to further loosen monetary policy. Torbjorn Isaksson, chief analyst of Nordic United Bank, said that the weak economic data in October highlighted the fragility of Sweden's recovery and needed to further loosen monetary policy to support growth. He said that the decline occurred after the sharp decline in September, indicating that the fourth quarter started very weakly. Isaksson said that household consumption fell by 0.3% in the month, which was disappointing and would be a concern of the Swedish central bank. At the same time, the production of the commercial sector decreased by 0.8% in that month, the production of the construction sector increased, and the manufacturing orders remained basically unchanged. "Overall, the October data is weaker than we expected."In the United States, the annual retail sales rate of red books in the week to December 7 was 4.2%, and the previous value was 7.4%.

The turnover of Shanghai and Shenzhen stock markets exceeded 1.5 trillion yuan for the third consecutive trading day.Wang Dong was appointed as Party Secretary and Chairman of Heilongjiang New Industry Investment Group. On December 10th, Heilongjiang New Industry Investment Group Co., Ltd. held a cadre meeting to announce the decision of the provincial party committee on the adjustment of the main leaders of the group: Comrade Wang Dong was appointed as Party Secretary and Chairman of New Industry Investment Group, and Comrade Sun Guangyuan was no longer appointed as Party Secretary and Chairman of New Industry Investment Group.A fire-related department near a university in southern California issued a mandatory evacuation order. On December 10, local time, the reporter of the General Desk was informed that a large bush fire broke out near the center of Malibu in southern California in the early morning of the 10 th, which now threatens buildings including the landmark Malibu pier in the city. Relevant departments issued a mandatory evacuation order. The nearby Pepperdine University cancelled classes on the 10th, and students took refuge in the campus. The California Fire Department said that the fire has grown to more than 1,600 acres (about 6.5 square kilometers), and the area has almost tripled in one hour. The local fire department did not know whether the bush fire was caused by human factors. (CCTV News)