• 2025-04
    21

    On April 21st, based on the first breakthrough of 1.4 trillion catties of grain production in China in 2024, the Market Early Warning Expert Committee of the Ministry of Agriculture and Rural Affairs released the “China Agricultural Outlook Report (2025-2034)” on April 20th, predicting that with the accelerated development of agricultural technology, China’s ability to guarantee the supply of grain and important agricultural products will be comprehensively improved in terms of quantity and quality in the next decade, and the comprehensive benefits and competitiveness of agriculture will be significantly enhanced. The report predicts that by 2025, China’s ability to guarantee food and important agricultural products will continue to strengthen, and the high-quality development of agriculture will reach a new level. In terms of grain production, with the continuous increase in the promotion of large-scale yield improvement and the increasing enthusiasm of farmers for planting and local grain production, the annual grain output is expected to reach 709 million tons, a slight increase from the previous year; Among them, the production of rice, wheat, and corn is expected to increase by 0.5%, 0.9%, and 0.2% respectively compared to the previous year, while soybean production will reach 21.17 million tons, an increase of 2.5% compared to the previous year.

  • On April 21st, according to a research report by CITIC Securities, the humanoid robot Half Horse has received widespread attention. After the competition, there has been a discussion about whether the performance of humanoid robots is a “crash” or a progress in the industry. CITIC Securities believes that the industry is still in the early stage of mass production, and the problems exposed on site will force the industry to optimize and upgrade. As the best carrier of embodied intelligence, humanoid robots are the main battlefield of AI technology competition between China and the United States, with vast long-term space. It is recommended not to be confined to “humanoid” and deeply explore investment opportunities for “AI+robots”. For example, the commercialization of exoskeleton robots, dexterous hands, and sensors in these three directions will be faster. The pace of mass production in these directions is not necessarily based on the mass production of humanoid robots, and there is hope for continuous data verification in the future.

  • On April 21st, the State Administration of Taxation announced a major case of a network anchor management agency colluding with illegal intermediaries to falsely claim, evade taxes, and defraud compensation. After investigation, Guangdong Huizhou Gaofu Shuai Cultural Media Co., Ltd. falsely issued 1196 invoices through the establishment of shell enterprises, with a total value of 226 million yuan in taxes, and evaded personal income tax of more than 32 million yuan for more than 700 anchors. The company underpaid various taxes and fees totaling about 21 million yuan. Recently, the Inspection Bureau of Huizhou Taxation Bureau imposed penalties on the company in accordance with the law. This company is a network anchor management organization, commonly known as the “MCN organization”, which is an important intermediate link connecting live streaming platforms and network anchors. The company is suspected of evading its obligation to withhold and pay personal income tax, planning to assist its broadcasters in evading taxes, issuing false value-added tax special invoices, and colluding with illegal intermediaries to defraud local rewards and subsidies, seriously disrupting the order of tax collection and management and disrupting the fair competition market environment.

  • On April 21st, according to a public opinion survey conducted by Asahi Shimbun from April 19th to 20th, 85% of respondents were concerned that the Trump administration’s tariffs would have a negative impact on the Japanese economy, with 43% of respondents expressing great concern. 28% of respondents expressed expectations for negotiations between the Japanese government and the US government on tariff issues, while 70% of respondents expressed no expectations.

  • On April 21st, from niche products to the urgent need for robots, the application of electronic skins is growing rapidly, and production and research and development are also accelerating. During visits to Guangdong and Zhejiang, it was learned that China currently has a relative advantage in the field of electronic skins, and production capacity is expected to further break through. In a precision coating workshop in Jiaxing, Zhejiang, rolls of film cloth used for electronic skin are quickly sprayed and taken offline. Workshop supervisor Pu Yongjiang told reporters that the number of orders they have received has skyrocketed since the beginning of this year, and all employees in the workshop work 24 hours a day in shifts. Along with the increase in production capacity, the cost of electronic skins has also decreased. The reporter learned from a company in Songshan Lake, Dongguan that since the beginning of this year, with the decrease in prices, many customers have started to try to install electronic skins on robots’ entire hands and even various joints of their bodies, and their shipment volume has increased tenfold. (CCTV Finance)

  • On April 21st at 06:00, the Central Meteorological Observatory continued to issue a blue warning for sandstorms: affected by cold air and strong winds, it is expected that from 08:00 on April 21st to 08:00 on April 22nd, there will be sandstorms or floating dust weather in southern and eastern Xinjiang, northern Qinghai, northern Gansu, central and western Inner Mongolia, Ningxia, Shaanxi, Shanxi, central and western Hebei, western Beijing, central and western Henan, western Shandong, western Hubei, northern Sichuan Basin and other places. Among them, some areas in southern Xinjiang, western Inner Mongolia, western Gansu and other places will have sandstorms.

  • On April 21st, the overall net inflow of funds into listed ETFs exceeded 70 billion yuan last week (April 14th to April 18th), and the size of ETFs in the entire market exceeded 4 trillion yuan. Among them, broad-based ETFs significantly attracted funds, and with the continuous inflow of funds, the total size of the Shanghai and Shenzhen 300 ETFs returned to over 1 trillion yuan. Looking ahead to the future, institutions believe that Chinese assets have significant resilience supported by multiple advantages; Next, fundamentals are expected to become the main pricing factor in the market.

  • On April 21st, against the backdrop of China’s asset revaluation and continuous optimization of the industry ecology, more and more new forces are entering the private equity industry. According to statistics from Private Placement Network, as of April 18th, nearly 20 private equity securities investment fund managers have completed registration this year, a year-on-year increase of over 70%. Among them, the founders of several private equity firms have rich experience in asset management. In the eyes of industry insiders, the increasing influx of fresh blood with professional capabilities will help further enhance the institutionalization level of the private equity industry.

  • ① Pending 2025 World Bank and IMF Spring Meetings ② 09:00 China to April 21 one-year loan market quoted interest rate ③ 15:00 State Council Information Office holds press conference on the “Comprehensive Pilot Work Plan for Accelerating the Expansion of Service Industry Opening up” ④ 20:30 Federal Reserve Gulsby accepts media interview

  • On April 21st, internal records reviewed by The Washington Post revealed that US government officials improperly shared sensitive documents with federal workers, including potentially classified White House floor plans. It is reported that this incident is the latest digital security vulnerability of the Trump administration. The report stated that professional employees of the General Services Administration (GSA) in the United States were responsible for the improper sharing, which led to the release of a cybersecurity incident report and investigation last week. The records show that these employees unintentionally shared the Google Drive folder containing sensitive files with all employees of the General Services Administration in the United States. According to the online directory, the total number of employees in this institution exceeds 11200. In addition, the shared content also includes detailed information on the proposed blast doors at the White House Visitor Center, as well as the bank account information of suppliers assisting the Trump administration’s press conference.