Three-minute news, Friday, June 16, 2023

Domestic:

1) Qiushi magazine published an important article by General Secretary Xi Jinping, "Improving the System of Full and Strict Governance over the Party and Promoting the New Great Project of Party Building in the New Era to a Deeper Level." The State Council held a constitutional oath-taking ceremony, with Premier Li Qiang administering the oath.

A special working mechanism meeting on rectifying formalism and reducing burdens on the grassroots level was held in Beijing on June 15. The meeting emphasized the importance of relentlessly rectifying formalism to reduce burdens on the grassroots level, and to demonstrate the effectiveness of the thematic education through the deepening and expansion of practical results.

2) National Bureau of Statistics: The national economy continued to recover in May. Retail sales of consumer goods increased by 12.7% year-on-year, the total value of goods imports and exports increased by 0.5% year-on-year, and the added value of industrial enterprises above designated size increased by 3.5% year-on-year; the overall increase in the sales prices of newly built commercial housing in May fell month-on-month, and the prices of second-hand housing fell month-on-month.

3) [Rule of Law] The Supreme People's Court released China's Top Ten Typical Cases of Anti-Domestic Violence (2023). The Central Propaganda Department and the Ministry of Public Security jointly launched a national "National Anti-Fraud in Action" concentrated publicity month. The Ministry of Civil Affairs issued a risk warning on illegal fundraising in the field of elderly care services. Liu Hualong, former executive deputy governor of Qiannan Prefecture, Guizhou Province, was "double-opened" for serious disciplinary violations and illegal activities. The bribery case of Gong Jianhua, former vice chairman of the Jiangxi Provincial People's Congress Standing Committee, went to trial, with a verdict to be announced at a later date. A city management bureau director in Yueyang, Hunan Province, who accepted bribes of nearly 2 million yuan, was investigated and voluntarily surrendered 175 bottles of Moutai, receiving a lenient sentence of 3.5 years. Bao Li case verdict: Boyfriend Mu Linhan was sentenced to 3 years and 2 months for abuse. A 14-year-old student in Sichuan was murdered by a classmate with a cleaver; the suspect has been apprehended. The family said the suspect committed the crime in class.

4) A new record of 41 satellites launched in one go! China successfully launched 41 satellites, including the Jilin-1 Gaofen-06A satellite, from the Taiyuan Satellite Launch Center.

China conducted its first extravehicular radiation biology exposure experiment on the space station, which is of milestone significance.

5) The National Health Commission announced the results of the first monitoring of occupational health literacy among key groups.

6) The Ministry of Agriculture and Rural Affairs and three other departments: Guide and leverage financial and social capital to increase investment and make up for shortcomings in agricultural and rural infrastructure. The Ministry of Industry and Information Technology and four other departments: Organize the 2023 New Energy Vehicle Countryside Activities. The Ministry of Civil Affairs and two other departments issued a document to carry out self-examination and correction and spot checks of national-level industry associations and chambers of commerce in 2023.

7) The National Energy Administration held a 2023 emergency drill for large-scale power outages in the East China region. China's first megawatt-level floating wave energy generation device, "Nankun," has been trial-operated, generating 24,000 kWh of electricity per day, equivalent to the daily electricity consumption of 3,500 households.

8) [Military] A formation of Chinese naval vessels returned home after completing the "Komodo-2023" multinational maritime joint exercise. Recently, Chinese peacekeepers participated in a multinational exercise in Lebanon. The armed police force's first mobile corps advocated "integrated combat and security" in its training.

9) [Hong Kong and Macao] Hong Kong Investment Promotion Office: It is expected to contact nearly 300 key enterprises by the end of the year to persuade them to develop in Hong Kong. Hong Kong media reported that five Chinese companies were removed from the EU's proposed sanctions list against Russia; China previously issued a clear warning.

10) [Taiwan] TSMC faces challenges in building a factory in the United States: progress is lagging, and there is a shortage of on-duty personnel.

International:

1) Premier Li Qiang will pay an official visit to Germany from June 18 to 23 to hold the seventh round of China-Germany government consultations and pay an official visit to France to attend the New Global Financing Pact Summit. Palestinian President Abbas laid a wreath at the Monument to the People's Heroes. State Councilor and Foreign Minister Qin Gang met in Beijing on June 15 with Foreign Minister Green of Antigua and Barbuda, who came to China to attend the High-Level Forum on Global Human Rights Governance and pay a visit to China. The Ministry of Commerce responded to the US Treasury Secretary's statement that the US hopes to cooperate with China: Both sides should strive to promote the healthy and stable development of bilateral trade and economic relations on the principles of mutual respect, peaceful coexistence, and win-win cooperation, injecting more stability and positive energy into the world economy.

2) The Shanghai Cooperation Organization People-to-People Friendly Forum and Friendly Cities Forum was held in Qingdao, Shandong.

The 2023 China International Cotton Conference opened in Guilin, Guangxi. The UN Secretary-General called for curbing the spread of hate speech online. The Security Council called on the international community to jointly oppose hate speech, racism, and extremism. The European Central Bank raised interest rates by 25 basis points, in line with market expectations.

3) After raising interest rates 10 times cumulatively, the Federal Reserve paused interest rate hikes for the first time, announcing that it would keep the target range for the federal funds rate unchanged at 5% to 5.25%. US media: Although the Federal Reserve has paused interest rate hikes, a "hard landing" for the US economy is still unavoidable. US media reported on secret talks between the US and Iran on an informal nuclear agreement. On June 15, Bill Gates arrived in Beijing and subsequently gave a speech entitled "Harnessing Innovation to Address Global Challenges" at the Global Health Drug R&D Center.

4) Putin: Russia does not reject negotiations, but the West should first stop supplying weapons to Ukraine. The Russian army said that Ukrainian personnel and equipment suffered heavy losses, while the Ukrainian army said that the offensive in the past three days was "partially successful." Russian media: The US said it would deploy F-22 fighters to the Middle East due to frequent Russian air force activities. Media reports that the US Central Intelligence Agency (CIA) knew about the "Nord Stream" sabotage plan in advance; Russia urged to "clarify the US role." Belarus said it shot down a Ukrainian drone.

5) Hungarian Foreign Minister: Trump can end the conflict between Russia and Ukraine, and we support him. Escalation again! Serbia arrested three Kosovo police officers. At a sensitive moment, Serbia and NATO held joint military exercises.

French media: Macron said he would strive to keep football player Mbappe at Paris Saint-Germain.

6) Down 42% year-on-year! Japan has seen a trade deficit for the 22nd consecutive month. South Korean consumers are worried about the discharge of Fukushima nuclear-contaminated water and are hoarding sea salt; the South Korean prime minister said he could drink Japanese nuclear-contaminated water, which was angrily criticized by South Korean politicians.

7) Western Sudan is engulfed in war, and the governor of West Darfur State was attacked and killed.

8) A migrant boat sank in waters near Greece on June 14, local time, resulting in 79 deaths and hundreds missing.

9) A 6.2-magnitude earthquake struck the Philippines on the morning of June 15, local time, with a focal depth of 100 kilometers.

Finance and Securities:

1) To maintain reasonably ample liquidity in the banking system, on June 15, the central bank conducted 237 billion yuan of one-year medium-term lending facility (MLF) operations and 20 billion yuan of seven-day reverse repurchase operations, with the winning rates of 1.9% and 2.65% respectively, lowering the winning rate of one-year MLF by 10 basis points.

2) State Administration of Foreign Exchange: In May, the supply and demand in China's foreign exchange market remained basically balanced, and foreign direct investment capital continued to have net inflows.

3) State Administration for Market Regulation: By the end of May, there were over 50 million private enterprises in China, accounting for over 92% of the total number of enterprises. The State Administration for Market Regulation issued the "Guiding Opinions on the Operation of Blind Boxes (Trial)": Blind boxes must not be sold to minors under the age of 8.

4) The State-owned Assets Supervision and Administration Commission of the State Council has made a major deployment! Central enterprises should use listed companies as platforms to carry out mergers and acquisitions.

5) Xinhua Bookstore is not short of money: Even with customers "only browsing and not buying," revenue still exceeds hundreds of billions.

6) Yesterday's closing prices:

Shanghai Composite Index: 3252.98/+0.74%

Shenzhen Component Index: 11182.94/+1.81%

ChiNext Index: 2237.74/+3.44%

Hang Seng Index: 19828.92/+2.17%

Culture, Education, Sports, and Entertainment:

1) The 29th Beijing International Book Fair opened on June 15 at the Beijing National Convention Center, with Li Shulei, Minister of the Publicity Department of the CPC Central Committee, visiting and conducting research. More than 200,000 books from China and abroad were on display, with 56 participating countries and regions and 2,500 exhibitors.

2) The Palace Museum issued a notice on visiting requirements, stipulating that camping cars and suitcases are not allowed to enter. Sun Ji, a renowned Chinese cultural relic expert and archaeologist, passed away on June 15 at the age of 94. He was the one who renamed the national treasure "Si Mu Wu Ding" to "Hou Mu Wu Ding".

3) On the morning of June 15, the Hangzhou Asian Games torch lighting ceremony was held at the Liangzhu Ancient City site. The Hangzhou Asian Games medals and promotional song were released.

"Hangzhou Asian Games Rare Blood Type Emergency Blood Donation Team" started its formation, and will make every effort to ensure the reserve of rare blood types for the Asian Games. The Chengdu 31st World University Games torch relay Harbin station was held.

4) On the evening of June 15, a friendly match between Argentina and Australia was held at the Workers' Stadium in Beijing. Messi scored a long-range shot 81 seconds into the game, and Argentina won 2-0.

Life Services:

1) The 18th Beijing International Tourism Expo opened on June 16 at the National Agricultural Exhibition Hall in Beijing. More than 10 countries, more than 20 provinces and cities, and enterprise exhibition groups, including well-known enterprises such as Shoulu Group, China Travel Service, Ctrip, and CYTS, offered special offers on-site. Beijing encourages municipal colleges and universities to carry out reforms in the system and mechanism of seed industry scientific research. Sixteen assisted reproductive technology projects will be included in Beijing's basic medical insurance starting in July. Shijiazhuang became the first provincial capital with temperatures exceeding 40 degrees Celsius this year, with netizens measuring the ground temperature and "blowing up" the thermometer.

2) Shanghai: Building four trillion-level industrial clusters in electronics and information, life health, automobiles, and high-end equipment. At 1:39 am on June 15, a 3.1-magnitude earthquake occurred in Qingpu District, Shanghai, with no reports of casualties or damage to buildings. Jiangsu Province introduced new measures to promote the construction of a basic elderly care service system.

3) Ningbo Zhoushan Port welcomed its first international voyage vessel bonded LNG (liquefied natural gas) bunkering business. Hubei Province will launch the 2023 "Hui Gou Hubei" home appliance consumption voucher distribution across the province, with a total investment of 300 million yuan in fiscal funds. The main event of the 2023 National "Safety Publicity and Consultation Day" was held in Wuhan, Hubei.

4) Guangdong will enter the "Dragon Boat Water" period in the coming week: Many places are flooded, and pedestrians are avoiding the water by riding electric vehicles. Shenzhen Metro's anti-animal abuse advertisements have been complained about, with opponents claiming that people are suffering from cats and dogs. A 2.5-ton Rolls-Royce was hoisted onto the oversized balcony of a 44-story residential building in Xiamen, raising safety concerns. The developer and car dealer responded: No problem.

5) A 4-year-old girl in Shangqiu, Henan Province died on the spot after receiving an infusion at a maternal and child health hospital. The Health Commission said: The family does not agree to an autopsy.

6) A large-scale, relatively strong rainfall process will occur in southern China, and high temperatures will occur in North China and the Huang-Huai region. From 8 pm on June 15 to 8 pm on June 16, moderate to heavy rain is expected in parts of the Tianshan area and southeastern South Xinjiang, southeastern Tibet, northeastern Guizhou, southern Chongqing, southwestern Hubei, northwestern and southeastern Hunan, central and southern and eastern Jiangxi, southern Zhejiang, Fujian, southeastern Guangxi, Guangdong, and Taiwan Island. Among them, parts of southeastern Tibet, southeastern coastal Guangdong, and southeastern coastal Fujian will experience heavy rain or torrential rain.

Health and Wellness:

1) Frozen dumplings are more suitable for boiling in cold water, because boiling frozen dumplings in boiling water over high heat can easily cause them to burst, and the meat filling is not easy to cook. However, boiling frozen dumplings in cold water is slightly faster than boiling them in boiling water. After the pot boils, cook until the dumplings float.

2) The recommended dietary intake of vitamin D for Chinese residents is 10 micrograms per day for adults and 15 micrograms per day for people over 65 years old. In addition to sun exposure, you can often eat foods such as salmon, saury, tuna, as well as egg yolks, cheese, liver, grains, dairy products, and soy milk.

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