1. On the “Black Friday” day of January 27, online consumption in the United States surged by 21.6% year-on-year, reaching US$9bn, a record high over the same period in history. On that day, consumers spent an average of US$6.3m per minute online, with an average consumption of US$27.5 per person. The most popular online shopping products for consumers are toys and electronic devices.
  2. In the third quarter of 2020, the international merchandise trade of the G20 member countries rebounded. Among them, exports increased by 21.6% and imports increased by 18.1%, but still lower than the level before the new crown pneumonia epidemic.
  3. Ukraine intends to continue to strictly control anthracite, gold and silver exports next year
  4. Japan’s October machine tool orders (determined value) decreased by 6% year-on-year, and the rate of decline was narrower than that in September. From the perspective of overseas orders, European orders have decreased due to the rebound of the new crown pneumonia epidemic, but Chinese orders have increased by 80%, maintaining strong momentum.
  5. France will start collecting digital services tax from December.
  6. Pakistan extends tariff exemption on 61 types of medical supplies, valid until June 30, 2021.
  7. Myanmar prohibits the import and export of bulk gold (referring to 200 million kyats (approximately US$150,000) or more, 2 kyats (approximately 3333 grams) or more, 5 to 200 million kyats are medium-sized trade; 50 million kyats or less is Small trade)
  8. Amazon is giving out a huge bonus of US$500m to front-line employees (U.S. operating employees who will be employed from December 1 to December 31 will receive a bonus of US$300, and part-time employees will receive US$150.)
  9. Dyson intends to invest US$3.6bn to develop batteries and robots.
  10. Shopify sellers reach $2.4bn in Black Friday sales.
  11. Salesforce plans to acquire Slack.
  12. In Q3 2020, Xiaomi’s smartphone market share in Germany reached 9% for the first time, ranking fourth among all brands, with a year-on-year growth of 438%. In addition, the German branch of Xiaomi and the headquarters of Western Europe have both settled in Dusseldorf, Germany.
  13. IBM plans to lay off about 10,000 employees in Europe.
  14. On Tesla Battery Day, Musk released the revolutionary 4680 battery. It is reported that this laser-engraved non-electrode design battery achieves a 5 times increase in the energy density of a single unit, a 6-fold increase in power, a 16% increase in cruising range, a 86% reduction in cost, and a cost per KWh. A reduction of 76%, compared with traditional fuel vehicles, the cost advantage is more obvious.
  15. China’s economy has taken the lead to recover from the impact of the epidemic, and the trend is in line with expectations. The growth rate in Q3 has reached 0.7%, and it can strive for a growth of about 2% throughout the year. Under normal circumstances, we can strive for a growth rate of 7%-8% or above next year.
  16. In 2019, China’s total retail sales of consumer goods exceeded US$6.08bn for the first time, an increase of more than 42% compared to 2015. China is about to surpass the United States to become the world’s largest consumer goods retail market. In addition, China has the largest middle-income group, the largest manufacturing added value, the largest number of Internet users, and the largest number of Fortune 500 companies.
  17. It is expected that China’s new energy vehicles will grow by 40% in 2021. It is recommended to focus on the main line layout of power lithium batteries and key materials for lithium batteries, the Tesla supply chain, the electrolyte and lithium iron phosphate industrial chain, and the lithium battery equipment supply chain.