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World Bank: The Philippine economy will grow at an average annual rate of 6% from 2024 to 2026. The World Bank released the latest issue of the Philippine Economic Report (hereinafter referred to as the Report) on the 10th, predicting that the Philippine economy will maintain strong growth in the face of multiple challenges, and the average annual growth rate will reach 6% from 2024 to 2026. According to the Report, the Philippines will be one of the fastest growing economies in East Asia and the Pacific. It is estimated that the annual economic growth in 2024 will be 5.9%, slightly lower than the 6% predicted in October, because extreme weather has affected the economic performance in the third quarter. The growth rate is expected to be 6.1% in 2025 and 6% in 2026. (Zhongxin. com)About 90% of the elderly in China care for the elderly at home. In 2024, the size of the smart pension market in China may reach 6.8 trillion yuan. According to the data of National Health Commission, at present, there are about 90% of the elderly care for the elderly at home, 7% in the community and 3% in high-end health care. In order to enable the elderly to enjoy their old age, "smart old-age housekeeper" came into being. According to statistics, the smart pension market in China will reach 6.8 trillion yuan in 2024. (CCTV Finance)WIMMER, member of Allianz Board of Directors: We are willing to establish strategic partnerships in the field of asset management, but these partnerships must be strategically and financially compatible.

Chinese brokerage stocks in Hong Kong stocks rose, with zhongzhou securities up 7.5%, Shenwan Hongyuan up 6.6%, Everbright Securities up nearly 6%, China Merchants Securities, orient securities and Guangfa Securities up over 5%.Amazon opened its Nanjing office globally. On December 9, 2024, the Amazon Global Opening Cross-border Summit opened in Nanjing. At the meeting, Amazon announced that its global office in Nanjing had been fully upgraded to further improve its service level and expand its business scope, and it had settled in the Yangtze River Delta (Nanjing) cross-border e-commerce industrial park in China, jianye district.Beijing State Management's 30 billion yuan small public debt project was accepted by the Shanghai Stock Exchange. According to the information platform of corporate bond projects of the Shanghai Stock Exchange, the status of Beijing State-owned Capital Operation Management Co., Ltd.' s 30 billion yuan small public debt project was updated to "accepted", and the acceptance date was December 10, 2024. The application draft of the prospectus shows that the funds raised by this corporate bond are intended to be used for productive expenses, including but not limited to the repayment of corporate debts (including corporate bonds due), supplementary liquidity, project construction and operation, equity investment (including venture capital funds, government-funded industrial investment funds and other funds that meet the relevant national regulations) and other purposes that meet the requirements of laws and regulations. Part of the funds raised by this corporate bond is intended to be used to repay corporate debt, of which 2 billion yuan is intended to be used to repay the issuer's corporate bond principal due.

Google has developed a "quantum chip" with super computing power. On the 9th, Google announced that it has developed a chip with super computing power, which is suitable for quantum computers. It claims that this chip can complete the task that the existing fastest computer takes 10 years (10 to the 25th power) in just 5 minutes. On the same day, Google posted a message on the website saying that in addition to high-speed computing power, this chip named "Willow" also has outstanding error correction ability, paving the way for the development of "practical large-scale quantum computers".Seven departments issued a document to strengthen the protection of teachers' treatment, and qualified teachers were included in the scope of urban housing security. The Ministry of Education and other seven departments jointly issued "Several Measures to Further Strengthen the Work of Respecting and Benefiting Teachers" to further strengthen the protection of teachers' treatment and improve teachers' political, social and professional status. In terms of medical and health care, local education departments should organize teachers to have a free physical examination every year, regularly carry out mental health lectures, psychological counseling and other services, and establish teachers' health files. Encourage all localities to provide convenience for local teachers' medical treatment and carry out health education and other services for teachers. In terms of cultural upgrading, we will encourage and support public cultural facilities and tourist spots such as museums, memorial halls, art galleries, science and technology museums and children's palaces around the country to provide quality services to teachers. Vigorously carry out teachers' cultural and sports activities to enrich teachers' spiritual and cultural life. In terms of housing security, qualified teachers will be included in the scope of urban housing security to promote the solution of teachers' housing difficulties. (CCTV News)Fitch Ratings: Trade tension intensifies or affects the growth of global chemical demand.