/// During the Spring Festival holiday, Southwest steel mills have more maintenance and shutdown plans
In terms of steel mills, the maintenance and shutdown plans of southwest steel mills continued to increase this week, and the output of steel mills in Sichuan, Chongqing, Yunnan, and Guizhou all decreased slightly. This week, the rebar capacity utilization rate of Southwest Steel Works was 50.49%, a decrease of 8.04% from the previous month; the operating rate was 46.94%, a decrease of 10.2% from the previous month; the weekly output was 434,500 tons, a decrease of 69,200 tons from last week
///The Agricultural Development Bank has formulated an emergency plan to ensure the continuous supply of funds for autumn grain purchases
According to the data from the Agricultural Development Bank, as of now, it has supported enterprises to purchase 205 billion catties of grain and oil, and the market share of supporting enterprises to purchase autumn grain has stabilized at more than 50%, which has further played the role of the main channel for grain purchase and storage funds supply
///WEF attendees look forward to accelerated global energy transition
Many people believe that the way to deal with this challenge should be to accelerate the energy transition, which may bring opportunities for energy structure adjustment
///Construction Bank signed a strategic cooperation agreement with the Guizhou Provincial Government, promising no less than 700 billion yuan in financial support
The People's Government of Guizhou Province signed a strategic cooperation agreement with China Construction Bank Corporation. CCB promises to provide Guizhou with financial support of no less than 700 billion yuan during the "14th Five-Year Plan" period
///IBM CEO: Hope to continue investing in China in the next 30 years
He believes that China is a growing part of the global economy. IBM has many great clients in China and wants to serve them
///Walmart builds e-commerce site to target SMBs
The initiative, called Walmart Business, aims to provide a one-stop shop for office supplies, furniture, food and electronics. Walmart also launched a business membership program that will help consumers save
///Venezuela discusses restarting Petrocaribe with CARICOM member states
Under the program, the contracting states are able to import Venezuelan oil and oil products on preferential terms. The plan was suspended in 2019 due to factors such as U.S. sanctions and reduced Venezuelan oil production. In recent months, several Caribbean countries have indicated that Venezuela has provided new oil deals under the framework of the Petrocaribe program.