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At present, Public Offering of Fund industries have been entrusted to manage all kinds of pension assets exceeding 6 trillion yuan, accounting for more than 50% of the entrusted investment scale of China's pension. According to the latest data, the number of individual pension accounts in China has exceeded 70 million, and the number of products available for investment has exceeded 800.Tianyu Bio opened at the daily limit this morning, then dived, and its share price approached the daily limit. In the afternoon, the stock went straight to the daily limit and staged a "heaven and earth" market. Today, the turnover was 1.006 billion yuan, and five consecutive boards were harvested.The total economic output effect is obvious.

Today, the Ministry of Human Resources and Social Security, the General Administration of Financial Supervision and other departments issued the Notice on the Full Implementation of the Individual Pension System (hereinafter referred to as the "Notice"). Since December 15th, workers who have participated in the basic old-age insurance for urban workers or the basic old-age insurance for urban and rural residents in China can participate in the individual pension system. The scope of implementation of preferential tax policies has been expanded from 36 leading cities (regions) to the whole country.Specifically, the securities business department of the South Ring Road of Finance in Lhasa, fortune securities, and the securities business department of Liangjiang Avenue in Changdu, fortune securities, bought 16,571,100 yuan and 15,022,700 yuan respectively; Caixin Securities Cangnan Station Avenue Securities Business Department and Yuekai Securities Shenzhen Shennan Avenue Securities Business Department sold 31,454,200 yuan and 20,090,200 yuan respectively.Zhang Yunming, member of the Party Group and Vice Minister of the Ministry of Industry and Information Technology, said that by the end of October 2024, the total number of 5G base stations in China had reached 4.141 million, and the number of 5G base stations per 10,000 people had reached 29, fulfilling the "14 th Five-Year Plan" development goal ahead of schedule.

Today, the A-share market fluctuated and rebounded, and the GEM index led the gains. The big consumer sector has once again raised the daily limit, and more than 50 stocks in the retail, food, home and other directions have gained daily limit. There are also big financial, real estate, medicine and other sectors that are among the top gainers, while robots, reducers, PEEK materials, industrial machine tools and other sectors are among the top losers.Today, the China 5G Development Conference opened in Shanghai. According to the report of Global System for Mobile Communications, the mobile ecosystem represented by 5G in China created about 8 million jobs in 2023. According to the calculation of China Information and Communication Research Institute, 5G commercialization has directly driven the total economic output of about 5.6 trillion yuan and indirectly driven about 14 trillion yuan in the past five years.Chen Jie, vice mayor of Shanghai, revealed in his speech at the meeting that at present, Shanghai has built more than 83,000 outdoor 5G base stations and more than 10,000 3c5g-a base stations, which are at the leading level in China.