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On March 16, the General Office of the CPC Central Committee and the General Office of the State Council issued the "Special Action Plan to Boost Consumption". The plan proposes to promote the transformation of the whole society to be suitable for the elderly, support local pilot exploration, and promote the installation of elevators in multi-story buildings and the development of elderly dining services. Actively develop industries such as anti-aging and silver tourism to release the potential of the silver consumption market. Encourage the development of community embedded childcare, employer-run childcare and integrated childcare services. Support and regulate social forces to develop elderly care and childcare services, and improve the price formation mechanism of elderly care services. Encourage places with conditions to provide site support and operation subsidies to universal childcare institutions based on actual conditions.On March 16, the General Office of the CPC Central Committee and the General Office of the State Council issued the "Special Action Plan to Boost Consumption". The plan proposes to develop inbound consumption. Orderly expand the scope of unilateral visa-free countries, optimize and improve regional entry visa-free policies. Launch more high-quality inbound tourism routes and services, improve the convenience level of foreign tourists in China, and cultivate international medical, exhibition and other markets. Deepen the cultivation and construction of international consumption center cities. Support the opening of duty-free shops in urban ports that meet the conditions. Support more high-quality merchants to become departure tax refund stores, and promote the "buy now, refund now" service measures for departure tax refunds.On March 16, the General Office of the CPC Central Committee and the General Office of the State Council issued the "Special Action Plan to Boost Consumption". The plan proposes to promote ice and snow consumption. Launch and implement the ice and snow tourism promotion plan, organize and carry out ice and snow consumption season and other consumption promotion activities, build a number of ice and snow theme high-quality tourist attractions and resorts, and support ice and snow resource-rich areas to build world-renowned high-quality ice and snow tourism destinations. Encourage all regions to enrich the supply of ice and snow venues and consumer products according to time and place.On March 16, the General Office of the CPC Central Committee and the General Office of the State Council issued the "Special Action Plan to Boost Consumption". The plan proposes to strengthen credit support. Financial institutions are encouraged to increase the issuance of personal consumer loans under the premise of controllable risks, and reasonably set the amount, term and interest rate of consumer loans. Financial institutions are supported to optimize the repayment method of personal consumer loans in accordance with the principles of marketization and rule of law, and carry out loan renewal work in an orderly manner. In 2025, financial subsidies will be provided for eligible personal consumer loans and loans to service industry operators in the consumer field.On March 16, the General Office of the CPC Central Committee and the General Office of the State Council issued the "Special Action Plan to Boost Consumption". The plan proposes to continuously optimize the business environment. Improve the negative list management model for market access, focus on environmental protection, sanitation, security, quality inspection, fire protection and other fields, thoroughly clean up and rectify various market access barriers, and create a stable, fair, transparent and predictable market environment. Encourage all regions to simplify the approval process for promotional activities, community markets, outdoor displays, signboard facilities, etc., and implement online reporting and immediate processing. Improve the efficiency of supervision and random inspections through cross-departmental joint efforts, and do not disturb public consumption places.

U.S. crude oil trading strategy on October 8: Rising is still the main theme, but we need to be wary of non-agricultural pour cold water

Oct 26, 2021 11:00

On Friday (October 9), US crude oil rose by more than 1%, and short-term oil prices are expected to rise further. However, it is necessary to be wary of the impact of non-agricultural data. Investors are advised to do more on dips.


Daily level: Oil prices bottomed out on Thursday and rebounded, showing that bulls are still taking the initiative. Under the background of short supply, the upward trend of oil prices is still the general trend.

What needs to be vigilant in the day is the pressure on oil prices brought by strong non-agricultural activities, which may limit the room for oil prices to rise. In terms of operation, it is recommended that investors continue to do more on dips, and conservatives may consider taking profits before non-agricultural purposes.

The upper resistance mainly focuses on the various integer levels, the lower support initially focuses on the 5-day moving average of 78.40, and further focuses on the July 6 high of 76.98 and the July 13 high of 75.51.

(U.S. crude oil daily chart)

Resistance levels: 80.00; 81.00; 82.00
Support levels: 78.40; 76.98; 75.51

Short-term operation advice: do more on dips.

At 14:24 GMT+8, U.S. crude oil was quoted at $79.45 per barrel.