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China plans to build about 10,000 superior specialties of traditional Chinese medicine by 2029. The reporter learned from state administration of traditional chinese medicine on the 11th that China will promote the construction of superior specialties of traditional Chinese medicine at different levels to further improve the clinical efficacy of traditional Chinese medicine. By 2029, a network of superior specialties of traditional Chinese medicine with complete professional fields, wide geographical coverage, reasonable structural layout and obvious characteristics of traditional Chinese medicine will be formed, and the overall scale of superior specialties of traditional Chinese medicine in China will reach about 10,000. (Xinhua News Agency)Apple iPhone SE 4 is reported to be released with its own modem around March next year. Apple iPhone SE 4 is reported to be officially released around March next year, and the new machine may bring a major upgrade to SE series. The new machine will adopt Liu Haiping design, introduce Face ID and cancel the Home button with Touch ID, but there is no smart island function. According to gourmain, Apple has designed a new modem code-named Sinope, which is seamlessly integrated with other components of its own. This design not only saves space, but also reduces power consumption. Compared with the Qualcomm modem currently used by Apple, Sinope still has a big gap, and the performance of related chips is inferior to that of Qualcomm. For example, Sinope only supports the Sub-6 GHz 5G band, but does not support millimeter mmWave. Although the performance of related modems is not as good as that of Qualcomm, gourmain thinks that the biggest advantage of Apple's self-developed scheme is to reduce its dependence on Qualcomm, thus saving licensing fees.The Bank of Canada cut interest rates sharply by 50 basis points, suggesting that the pace of monetary easing may be slowed down. The Bank of Canada cut interest rates sharply for the second time in a row, and suggested that policy makers are prepared to slow down the pace of monetary easing. Central bank officials, led by Tiff Macklem, the governor, cut the benchmark overnight rate by 50 basis points to 3.25% on Wednesday, which is at the high end of the neutral interest rate forecast range. However, they also hinted that after several sharp interest rate cuts, it may return to a slow pace in 2025. The latest statement removed the statement that "the borrowing cost is expected to be further reduced" in previous statements.

If the Bank of Canada cuts interest rates by 50bp as expected, it is expected that the pace of interest rate cuts will slow down. The Bank of Canada cut interest rates sharply for the second time in a row this month, and hinted that policymakers are prepared to slow down the pace of monetary easing. The bank cut interest rates by 50 basis points to 3.25%, bringing borrowing costs to the upper part of their expected range of neutral interest rates. However, they also hinted that after the sharp interest rate cut expected by the market and most economists, there may be a smaller interest rate cut again in 2025. Officials dropped their previous statement that they expected to further reduce borrowing costs. "With the policy interest rate greatly reduced, we expect that if the economic development is generally in line with expectations, monetary policy will adopt a more gradual approach," Bank of Canada Governor Mackler said in a prepared speech. "Looking ahead, we will evaluate the necessity of further reducing the policy interest rate one by one."Russian Presidential Press Secretary: The telephone conversation between Putin and Trump has not been prepared yet. On December 11th, local time, Russian Presidential Press Secretary peskov said that there is no telephone conversation between Russian President Putin and US President-elect Trump at present, and Russia is waiting for Trump's inauguration ceremony on January 20th next year. Peskov also said that at present, Russia has no plans to hold a summit meeting with Turkish and Iranian leaders on the Syrian situation, Putin's visit to Turkey "has not yet been finalized" and he is not ready to meet with Hungarian Prime Minister Orban. (CCTV News)CFO of Goldman Sachs: As President-elect Trump nominates candidates for government positions, the FTC may take a new direction.

Traders have increased their bets on the ECB's interest rate cut, and it is now expected that the ECB will cut interest rates by 158 basis points in 2025.Russia said it was attacked by six ATACMS missiles today, and said it would respond to today's ATACMS missile attack.Canada's 10-year bond yield recovered its early decline, rising by 1.1 basis points to 3.030%.