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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.The Israeli army said that 201 trucks carrying humanitarian aid entered the Gaza. On December 10th, local time, the Israel Defense Forces and the Government Territorial Activities Coordination Office under the Israeli Ministry of Defense issued a statement saying that on the 9th, 201 trucks carrying humanitarian aid entered the Gaza. According to the statement, 55 trucks entered Gaza directly through Gate 96. (CCTV News)Reuters survey: 56 out of 97 economists said that the Federal Reserve will cut the federal funds rate to 3.50%-3.75% or lower by the end of 2025 (70 out of 99 economists in November).

Finance Minister of Canada: It is expected that the government will reach the debt-to-GDP ratio predicted in the budget, and the economic report in autumn will show that the government is meeting its financial targets.Zhou Xiaobo served as the deputy general manager of Haifutong Fund. On the evening of December 10th, Haifutong Fund Management Co., Ltd. announced the change of senior management: from December 9th, 2024, Zhou Xiaobo served as the deputy general manager of the company. The resume of the announcement shows that Zhou Xiaobo has served as the chief analyst of the chemical industry and director of the investment research department of Shanghai Shen Yin Wanguo Securities Research Institute Co., Ltd., the investment manager, assistant general manager (presiding) and deputy general manager (presiding) of the equity investment department of Taiping Asset Management Co., Ltd., and the deputy general manager of Shen Wanlingxin Fund Management Co., Ltd. In November 2024, he joined Haifutong Fund Management Co., Ltd.Market news: Russia resumes passenger railway traffic with North Korea.

Huawei signed a comprehensive cooperation agreement with Huazhong Normal University. On December 10th, according to Huawei China official micro-news, Huazhong Normal University and Huawei Technologies Co., Ltd. signed a comprehensive cooperation agreement in Sanya, Dongguan. According to the agreement, the two sides will establish a comprehensive cooperative relationship in ICT talent training, scientific research innovation and smart campus.Without the government's approval, the South Korean National Assembly passed the budget reduction bill for next year. On the 10th, the South Korean National Assembly held a plenary meeting and adopted a cut version of the 2025 budget with a total amount of 673.3 trillion won (about 3.41 trillion yuan). According to Yonhap News Agency, this is the first time that the South Korean National Assembly passed the budget without agreement between the ruling party and the opposition party. In the 300-seat parliament, 278 members voted on the budget, 183 were in favor, 94 were against and 1 abstained. The ruling National Power Party and some opposition party members voted against it. This budget is one of the focal points of the recent struggle between the ruling and opposition parties in South Korea and one of the factors inducing the current political chaos. The original budget proposed by the government was 677.4 trillion won, but the largest opposition party, the Common Democratic Party, demanded a reduction of 4.1 trillion won, mainly involving the government reserve fund, the special activity expenses of the presidential secretary's office and the national security office, the special work expenses and special activity expenses of the procuratorate and the supervision institute. (Xinhua News Agency)Chief Financial Officer of Citigroup: Facts have proved that the global economy is flexible.