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Real-time News
Micron Technology (MU.O) shares fell 4.4% in pre-market trading.Samsung Electronics: Announces strategy to ensure its leading position in the field of artificial intelligence chips.March 19 – On the afternoon of March 19, the Ministry of Commerce held a regular press conference. A reporter asked how China would participate in the 14th Ministerial Conference of the World Trade Organization (WTO), which will be held at the end of this month. In response, Ministry of Commerce spokesperson He Yongqian stated that the 14th WTO Ministerial Conference (MC14) will be held in Yaoundé, the capital of Cameroon, from March 26 to 29, and Minister of Commerce Wang Wentao will lead the Chinese delegation to attend.On March 19th, it was reported that on March 17th, Zhu Hexin, Secretary of the Party Leadership Group and Director of the State Administration of Foreign Exchange (SAFE), chaired an enlarged meeting of the Party Leadership Group. The meeting focused on deepening reform and innovation in the foreign exchange sector. It emphasized improving the facilitation of cross-border trade and actively supporting the stability and structural optimization of foreign trade. The meeting stressed strengthening the supply of foreign exchange policies, focusing on key areas such as technological innovation and intelligent manufacturing, and continuing to focus on the "five major aspects" of financial development. It also emphasized strengthening the assessment of foreign exchange policies and regional foreign exchange ecosystems, conducting timely effectiveness assessments of important foreign exchange policies and key tasks, and striving to achieve closed-loop management throughout the entire process from policy issuance to the "last mile" of impact on enterprises and residents, truly benefiting businesses and the people.On March 19, it was reported that on March 17, Zhu Hexin, Secretary of the Party Leadership Group and Director of the State Administration of Foreign Exchange, chaired an enlarged meeting of the Party Leadership Group. The meeting emphasized the unwavering commitment to promoting high-level opening-up in the foreign exchange sector. It called for enhancing the openness of the capital account, improving policies on overseas lending and integrated RMB and foreign currency pooling for multinational corporations, and supporting better expansion of international circulation. The meeting also stressed the need to promote the development of the foreign exchange market and improve corporate exchange rate risk management. Furthermore, it called for deepening reforms in banks foreign exchange business to achieve a balance between facilitating foreign exchange transactions and preventing risks.
