Macroeconomics
1. [Manufacturing Sector Resists Overcompetition] The Ministry of Industry and Information Technology held its 18th manufacturing enterprise symposium. Representatives from 12 companies in key industries such as steel, non-ferrous metals, new materials, automobiles, machinery, shipbuilding, light industry, pharmaceuticals, and electronics participated. The meeting emphasized actively participating in industry rule-making and self-regulatory mechanisms, and consciously resisting "overcompetition."
2. [US CPI] Data released by the US Department of Labor showed that the US Consumer Price Index (CPI) rose by 0.3% month-on-month in December 2025. Data for the previous two months was not released due to the federal government shutdown; the year-on-year CPI increase was 2.7%.
3. [Electricity Consumption] The US Energy Information Administration (EIA) predicts that US electricity consumption will increase by 1% in 2027, representing the first consecutive increase in electricity demand since 2007 and the strongest four-year growth period since 2000. The EIA added: "The main driver of this surge is the increasing demand from large data centers."
Building Materials
1. [Glass] Starting April 1, 2026, the value-added tax export rebate for products such as photovoltaic products will be canceled, including all daily-use glass products.
2. [Glass] Wuhu Xinyi Electronics' first glass production line (designed capacity of 500 tons/day) started operation on January 12th.
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