BLOG

Focus On Hongyang Plush, Understand Industry News

Three-minute news, Tuesday, June 27, 2023


Release time:

2023-06-27

Three-minute news, Tuesday, June 27, 2023

Domestic

1) On the afternoon of June 26, Xi Jinping emphasized in a collective conversation with members of the new leadership team of the Central Committee of the Communist Youth League that they should earnestly shoulder the mission and tasks entrusted by the Party in the new era and on the new journey, and fully inspire the vast number of young people to take on the responsibility in the construction of Chinese-style modernization.

2) The National Audit Office released the 2022 audit report, showing a central government fiscal deficit of 2.65 trillion yuan, in line with the budget. The audit work report shows that through more than 20 years of continuous budget execution audits, the budget execution of central government departments has been generally relatively standardized.

3) [Rule of Law] The draft Law on Patriotic Education and the draft Law on Ensuring Food Security were submitted for the first time to the Standing Committee of the National People's Congress for deliberation on June 26. The draft Law on the Construction of Barrier-Free Environments clarifies that the construction of barrier-free environments should be combined with the adaptation for the elderly. The revised draft of the Marine Environmental Protection Law was reviewed for the second time, proposing to implement a target responsibility system and assessment system for marine environmental protection. Supreme People's Procuratorate: Increase efforts in handling cases and severely punish crimes involving narcotic drugs and psychotropic drugs according to law. Ministry of Justice: Approved the establishment of representative offices in China for five foreign law firms. Minister of Public Security Wang Xiaohong: Carry out in-depth summer security crackdown and rectification operations. Chen Hui, deputy director of the Fujian Provincial Health Commission, is under investigation. Kang Xiaofeng, former party secretary of the Standing Committee of the People's Congress of Hegang City, Heilongjiang Province, was expelled from the Party. Sun Su, a first-level inspector of the Propaganda Department of the Hainan Provincial Committee, was "double-opened". The Chengyang Branch of the Qingdao Municipal Public Security Bureau reported that an 8-year-old boy was beaten to death by a coach of a martial arts club, three criminal suspects were apprehended, and criminal coercive measures have been taken according to law.

4) The Central Commission for Discipline Inspection issued a notice on standardizing and clarifying the procedures for restoring the rights of Party members after the expiration of their probationary period.

5) The Standing Committee of the National People's Congress plans to establish a Representative Work Committee. China plans to designate August 15 as National Ecology Day.

6) The Ministry of Water Resources terminated the level IV emergency response for flood control at 6 pm on the 26th.

7) China's longest intelligent rail line—the Yibin Intelligent Rail Transit System T4 line—began trial operation with passengers, with a total length of 46.69 kilometers.

8) [Military] The Chinese Air Force will hold air shows and other activities in Changchun in late July. A certain army unit conducted artillery tactical exercises to hone the troops' ability to strike quickly and withdraw quickly. A certain regiment of the Northern Theater Command Navy Air Force: wartime political work serves battlefield victory.

9) [Hong Kong and Macao] Secretary for Justice of the Hong Kong Special Administrative Region Government, Paul Lam: Promote legal education and actively integrate into national development. The 6th China Seafarers' Skills Competition was held in Zhoushan, with seafarers from Hong Kong, Macao and Taiwan participating. Li Sisi, the granddaughter of Hong Kong's richest man Li Ka-shing, made her debut and officially joined the family's listed company.

10) [Taiwan] The chairman of Taiwan's Council of Agriculture was criticized for being "incompetent" for his remarks on the mainland's resumption of imports of Taiwan's wax apples. Taiwan's representative to Thailand was involved in a sexual harassment scandal, and the foreign affairs department was criticized for suspected cover-up. Invasive carnivorous fish, Channa argus (commonly known as fish tiger), impacted fishermen's livelihoods, and Taiwan's Sun Moon Lake carried out concentrated hunting during the Dragon Boat Festival, with significant results. Shortage of traditional Chinese medicine in Taiwan: Clinics "exchange medicine for medicine", with prices of more than 30% of traditional Chinese medicine rising.

International

1) On the morning of June 26, Premier Li Qiang held talks with Vietnamese Prime Minister Pham Minh Chinh, who is paying an official visit to China, at the Great Hall of the People in Beijing.

State Councilor and Foreign Minister Qin Gang met separately with Sri Lankan Foreign Minister Sabry and Vietnamese Foreign Minister Bui Thanh Son in Beijing. South Korea's foreign minister said that the Yoon Suk-yeol government never intended to feud with China, and China responded: We hope that South Korea will move towards China and make efforts to push bilateral relations back on track to healthy development. The New Ireland Province of Papua New Guinea commended the Chinese medical team assisting Papua New Guinea. Chinese Ambassador to Australia Xiao Qian threw the opening ball for an Australian Rules Football match.

2) The 16th World Chinese Entrepreneurs Convention opened in Bangkok, Thailand, under the theme of "Gathering the Wisdom of Chinese Entrepreneurs, Composing a New Chapter for the Chinese Community". The 12th Anniversary Celebration and 5th Inauguration Ceremony of the Australia China Economic and Cultural Exchange Promotion Association was held in Sydney. UN report: Nearly 300 million people worldwide use drugs.

3) Biden spoke with Zelenskyy by phone, discussing US support for Ukraine in the context of the Russia-Ukraine conflict and the recent situation in Russia. Due to communication system failures, all inbound flights to Washington, D.C. airports were temporarily canceled. Two car-into-store incidents occurred in the US this week, both captured on surveillance video. Fortunately, the victims in both incidents escaped unharmed. Gunfire again! A shooting in Missouri, USA, has resulted in 3 deaths and 5 injuries. After "The Flash" led the box office, "Spider-Man: Across the Spider-Verse" returned to the top of the North American weekend box office chart with approximately $19.3 million.

4) Putin's first public appearance and speech after the Wagner incident. Russian media reported that the criminal case against Yevgeny Prigozhin, founder of the Wagner private military organization, has not yet been closed. Russian Foreign Minister Lavrov: Russian security services are investigating whether Western security services were involved in the rebellion; Wagner will continue to operate in Mali and the Central African Republic. The Federal Security Service of Russia announced the cancellation of the counter-terrorism operation mechanism in Moscow and Moscow Oblast. Amidst dismissal rumors, Russian Defense Minister Shoigu inspected a command post in the area of the special military operation in Ukraine. Wagner leader Prigozhin: Foreign media reported that Prigozhin was seen at a hotel in the Belarusian capital. His company responded: He sends his regards to everyone and will answer questions at an appropriate time. After the opening of the Moscow Exchange on June 26, the ruble exchange rate against the US dollar exceeded 87 to 1 for the first time. Russian media: Ukrainian officials speculated that Lukashenko's participation in future peace talks between Russia and Ukraine "cannot be ruled out".

5) US and German arms giants will join forces to build a European version of the HIMARS rocket launcher to replace the German Bundeswehr's aging MARS II multiple launch rocket system. The Italian postal service is recruiting employees with Chinese language skills in three major cities. An accident on a roller coaster at Sweden's oldest amusement park resulted in one death and nine injuries.

6) Latest developments on Fukushima nuclear wastewater discharge: The underwater tunnel for wastewater discharge has been basically completed.

7) Egypt and India upgraded their bilateral relations to a strategic partnership.

Finance and Securities

1) State Taxation Administration: Enterprises that meet the conditions can apply for the preferential policies of the R&D expense deduction for the first half of the year in July.

2) The RMB exchange rate against the US dollar fell below the 7.2 mark, reaching its lowest level since November 10, 2022.

3) The average interest rate for first-home loans in 100 cities is expected to fall below 4%! The lowest first-home loan interest rate in Nanning and other places has dropped to 3.6%.

4) China's first self-operated exploration and development 1500-meter deep-water gas field, "Deep Sea No. 1," has produced more than 5 billion cubic meters of natural gas since its commissioning two years ago.

5) Shanghai-listed companies have cumulatively distributed 10 trillion yuan in dividends over the past 10 years, with over 300 companies distributing more in dividends than they raised in financing since their IPOs.

6) Yesterday's closing prices:

Shanghai Composite Index: 3150.62 (-1.48%)

Shenzhen Component Index: 10872.30 (-1.68%)

ChiNext Index: 2186.25 (-1.16%)

Hang Seng Index: 18794.13 (-0.51%).

Culture, Education, Sports and Entertainment

1) On June 26, the "Learning from the 20th National Congress of the CPC•E-Road to the Party" and "Seeking Beauty•Hubei—Internet Representatives' Hubei Trip" themed event opened in Wuhan, Hubei. More than 60 people, including relevant officials from the Central United Front Work Department and members of the National New Social Stratum Internet Service Group, attended. This event will visit Wuhan, Yichang, Xiantao, Qianjiang and other places.

2) The "Shi Guangnan Complete Works•Vocal Music Volume" was released, with approximately 300 works published for the first time. A Tang Dynasty palace maid cemetery was discovered in the western suburbs of Xi'an, with the tombs arranged in an orderly manner according to a rigorous plan.

3) Zhong Nanshan appeared at the graduation ceremony of Guangzhou Medical University, took photos with graduates, and encouraged students to dare to dream, be ambitious, and strive for excellence.

4) The China National E-sports Training Team released the list of athletes participating in the Hangzhou Asian Games.

5) The Snooker Champion League (ranking tournament) kicked off, with 20 Chinese players competing for the first championship of the new season. The Berlin Special Olympics closed: The Chinese team won 55 gold, 38 silver, and 27 bronze medals, earning applause.

Life Services

1) Beijing has implemented eight measures to address wage arrears, recovering more than 100 million yuan in wages in the first five months. The main structure of the west area of the Beijing sub-center station integrated transportation hub has been topped out.

2) Shanghai: A pilot program has been implemented to achieve "delivery of certificates upon delivery of houses" for newly built residential buildings. Some institutions in Shanghai are engaging in "fake recruitment and real course selling," trapping some job seekers in a vicious cycle. Is a leader at Nanjing Xiaozhuang College having an improper relationship with a woman? The Municipal Commission for Discipline Inspection has launched an investigation.

3) A China Airlines plane experienced a sudden water leak: Water was dripping and even "spraying" from multiple parts of the fuselage. A previous accident resulted in 11 injuries.

4) Rumors of African swine fever in Sichuan? The Nanbu County Agriculture and Rural Affairs Bureau responded: Routine disinfection is being carried out at closed pork sales venues. A community in Chengdu offers a "plant fostering" service, providing free care for residents' plants. The body of a 26-year-old missing woman from Qing Shen, Meishan, Sichuan, was found in the Minjiang River. Police: An investigation is underway. A boy in Hefei, Anhui, fell from a building after being beaten by his mother with a stick. Police report: Multiple fractures, lung contusion.

5) Amazing coincidence! 688 points! Identical college entrance examination scores for Changsha twins.

   

A junior high school student from Shandong, Cui, estimated his score at 700: The actual score was 700 points. A top student is a top student, even his score estimation is accurate.

6) High temperatures and strong convective weather are expected in North China and the Huaihe River Basin, while heavy rainfall is expected in southeastern Northwest China and the Sichuan Basin. From 8 pm on June 26 to 8 pm on June 27, moderate rain is expected in parts of northern and western Heilongjiang, central and eastern Jilin, northern Liaoning, western Shaanxi, northern and southeastern Xinjiang, southern Qinghai, eastern Guangdong, and southern Fujian, with heavy rain in parts of eastern Jilin and eastern Guangdong.