Three-minute news bulletin, Saturday, July 1st, 2023

Domestic

1) On June 30, the Political Bureau of the Central Committee of the Communist Party of China held a meeting to review "Opinions on Several Policy Measures to Support the High-Standard and High-Quality Construction of the Xiong'an New Area," presided over by Xi Jinping. The Xiong'an Comprehensive Bonded Zone has officially been approved for establishment by the State Council. Xi Jinping will attend the 23rd Meeting of the Council of Heads of State of the Shanghai Cooperation Organization on July 4 in Beijing via video link and deliver an important speech.

2) Central Organization Department: By the end of 2022, the total number of members of the Communist Party of China was 98.041 million, a net increase of 1.329 million compared to 2022. There were 5.065 million grassroots Party organizations, a net increase of 129,000 compared to 2022.

3) [Rule of Law] The Supreme People's Procuratorate released 10 typical cases of public interest litigation for wetland protection. Yang Jianjun, former Party secretary of Liaoning Publishing Group Co., Ltd., was "double-opened." Li Qianlong, former vice chairman of the Standing Committee of the Yichun Municipal People's Congress in Heilongjiang Province, is suspected of serious disciplinary violations and is currently under investigation. An intern fabricated rumors such as "the hospital department organized prostitution," Shanghai police: punishment has been given. A man in Linfen, Shanxi, stabbed two people at a high-speed rail station, killing one, and was subdued by the police on the spot. A teacher in Guangxi drowned in a water tank on the roof of a hospital, official: ruled out homicide, his mental state was very poor before. On June 30, the Shanghai Railway Transport Court heard the case of a female high-achieving student manufacturing and selling cat-saving medicine. The court sentenced the defendant, Hu Mouyan, to 15 years in prison and a fine of 40 million yuan.

4) Ministry of Finance: From January to May, the total profit of state-owned enterprises was 1.78381 trillion yuan, an increase of 10.9% year-on-year. The Ministry of Industry and Information Technology and four other departments issued the "Implementation Opinions on Improving the Reliability of Manufacturing": improve the reliability level of high-end general-purpose chips such as SoC/MCU/GPU and other electronic components used in electronic equipment.

5) China's first 10,000-ton photovoltaic hydrogen production project has been put into operation. Construction of China's longest underwater road tunnel, the Jiaozhou Bay Second Tunnel Project, has begun.

6) China's first management regulations for human resources service agencies have been issued, clarifying that commercial human resources service agencies shall not collect deposits from individuals or collect deposits in disguise under the pretext of guarantees.

7) China's first Tibetan medicine-specific medical device product was officially released. The 2023 adjustment of the national medical insurance catalog will be launched, mainly optimizing expert review, data templates, and information technology.

8) [Military] Approved by the Central Military Commission, the newly revised "Study Reader on the Central Military Commission Chairman Responsibility System" has been issued to the entire army. On July 1, the enrollment for female soldiers in the second half of 2023 began. Lianyungang Maritime Safety Administration issued a navigation warning: from July 1 to 28, live ammunition shooting will be conducted in parts of the southern Yellow Sea from 6:00 to 22:00 every day, and entry is prohibited. Spokesperson of the Ministry of National Defense, Senior Colonel Zhang Xiaogang: The PLA has the ability and confidence to smash the "Taiwan independence" separatist plots and external interference; actively creating conditions for the role of military attaches from various countries in China as a bridge and link. The 43rd Chinese naval escort fleet arrived in Ghana for a friendly visit.

9) [Hong Kong and Macao] The launching ceremony for the 26th anniversary of Hong Kong's return to the motherland was held in Hong Kong.

The 33rd Hong Kong Book Fair will be held at the Convention and Exhibition Centre from July 19 to 25, focusing on the theme of "Children's and Young People's Literature." On the afternoon of June 28, the Chinese University of Hong Kong Beijing Center held its opening ceremony in Dongcheng District, Beijing, opening a new chapter in exchanges and cooperation with Beijing. On June 28, Chen Jie, Vice Minister of Education, and Zhang Yaping, Vice President of the Chinese Academy of Sciences, met with President Duan Chongzhi of the Chinese University of Hong Kong. At noon on June 30, Wei Xiaodong, Chairman of the Beijing Municipal Committee of the Chinese People's Political Consultative Conference, met with a delegation from the Chinese University of Hong Kong.

10) [Taiwan] The US approved a US$440 million arms sale to Taiwan. The Ministry of Foreign Affairs: resolutely opposes, the US should stop creating new tensions in the Taiwan Strait situation, and stop undermining peace and stability in the Taiwan Strait. The Taiwan Affairs Office: The DPP authorities' continued purchase of weapons from the US will only push Taiwan into the abyss. Taiwan's defense department said on June 30 that it had found 24 military aircraft of the PLA on the morning of the same day, 11 of which crossed the so-called "Taiwan Strait midline," and 5 warships appeared around the Taiwan Strait. A US think tank released a report on Taiwan: If the Taiwanese army and the PLA "confront," the Taiwanese army will not last more than 90 days.

International

1) Vice President Han Zheng will attend the opening ceremony of the 11th World Peace Forum on July 2 and deliver a keynote speech. Wang Yi, director of the Central Foreign Affairs Office, met with Amina Mohammed, United Nations Deputy Secretary-General, in Beijing on June 29. The General Administration of Customs further facilitates the access of African agricultural and food products to China, and high-quality and characteristic products such as aquatic products, honey, and fruits from Africa have achieved stable exports to China. Spokesperson of the Ministry of Foreign Affairs Mao Ning: providing new opportunities for the world with the new achievements of Chinese-style modernization; the SCO will surely achieve greater development. Bali police responded to the investigation results of the case of a Chinese couple: This is what they did themselves, no outsiders were involved, it is a suicide case. Chinese Consul General in Denpasar: Indonesia needs to investigate the motive of the couple's case, and will continue to follow up on the investigation.

2) The United States will return to UNESCO, and China voted against the final resolution. NATO member states have reached a consensus and agreed to extend the term of current NATO Secretary-General Stoltenberg by another year. The NATO Secretary-General said that Ukraine's "membership" will be discussed after the summit in July. China calls on relevant parties to gradually accumulate and create conditions for the eventual resolution of the Ukrainian crisis. Foreign media revealed: The US plans to prevent "specific Chinese manufacturers" from obtaining more Dutch chip manufacturing equipment. ASML, a Dutch lithography giant, responded: Not all immersion DUV equipment exports require permission from the Dutch government. Ethiopia applied to join the BRICS cooperation mechanism.

3) In a live interview, Biden left before the broadcast could be inserted, US media: It may be "hurrying to the toilet".

The US Supreme Court ruled that race cannot be considered in college admissions. US poll: 60% of Americans believe that gun violence is a major problem, and the situation will worsen in the next five years. A school police officer who was derelict in duty in the 2018 Parkland, Florida high school shooting was acquitted. Air quality in many US cities is among the worst in the world, and the meteorological department has issued warnings. After the "duel" with Zuckerberg, Musk tweeted again: The duel may take place in the Colosseum.

A handbag created by an American art group, "smaller than a grain of salt," sold for $63,750 (approximately RMB 462,000), and a microscope is needed to see it.

4) Russian Ministry of Defense: The Russian army attacked a temporary base in Ukraine, killing "two generals" and more than 50 officers. Former US Vice President Pence visited Ukraine, becoming the first presidential candidate to meet with Zelenskyy.

5) A police shooting of a teenager in France triggered nationwide riots, and several cities experienced varying degrees of riots and violence, with police arresting 176 people. More than 3,000 forest fires have occurred in Canada this year, with a burned area of more than 80,000 square kilometers, the highest level on record.

6) Indonesian Deputy Minister of Tourism: Rumors that "Bali tourism needs to be booked one year in advance" are untrue. Brazil reported its first case of avian influenza in poultry, and Japan suspended imports of some poultry meat from Brazil.

7) The incident of the Quran being burned outside a mosque in Sweden escalates: the Swedish embassy in Baghdad is attacked.

The Iraqi Ministry of Foreign Affairs summoned the Swedish ambassador to Iraq, strongly condemning the burning of religious texts by extremists in front of a mosque in Stockholm.

8) Starting June 29, the Central Bank of Argentina allows its citizens and companies to deposit Renminbi in banks.

9) The IceCube Neutrino Observatory in Antarctica detects neutrinos from the galactic plane.

Finance and Securities

1) The central bank decided to increase the re-loan and rediscount quota for supporting agriculture and small and micro enterprises by 200 billion yuan. Central Bank: In the second quarter, China's overall loan demand index was 62.2%, up 5.6 percentage points from the same period in 2022. Central Bank: Comprehensive measures, stable expectations, and resolutely preventing large fluctuations in exchange rates.

2) Offshore RMB fell below the 7.28 mark against the US dollar, falling more than 100 points intraday, hitting a new low since November last year. State Administration of Foreign Exchange: At the end of March 2023, China's banking industry's external financial assets were US$1568.3 billion; in the first quarter of 2023, China's external debt scale rebounded slightly, and the structure remained basically stable.

3) In June, China's manufacturing purchasing managers' index (PMI) was 49%, up 0.2 percentage points from the previous month, with production and new orders indices both rebounding, and more than 60% of enterprises reflecting insufficient demand.

4) In May, the main statistical indicators of China's transportation industry achieved positive growth. From January to May this year, the national ports completed a cargo throughput of 6.75 billion tons, a year-on-year increase of 7.9%.

5) From January to May, a total of 225.171 billion yuan of lottery tickets were sold nationwide, a year-on-year increase of 50.0%.

6) The Beijing Stock Exchange and the Hong Kong Stock Exchange signed a memorandum of understanding on cooperation, launching a dual listing arrangement in Beijing and Hong Kong. Trip.com announced an investment of 1 billion yuan to encourage employees to have children: 10,000 yuan per child per year, for five consecutive years.

7) Yesterday's closing prices:

Shanghai Composite Index 3202.06/+0.62%

Shenzhen Component Index 11026.59/+1.02%

ChiNext 2215.00/+1.60%

Hang Seng Index 18916.43/-0.09%.

Culture, Education, Sports and Entertainment

1) Qiushi Journal published an important article by General Secretary Xi Jinping: "Strive to grow into pillars of talent who are loyal and reliable to the Party and the people and who can shoulder the heavy responsibilities of the times."

2) In 2022, the total national expenditure on education was 6.1344 trillion yuan, an increase of 6% over the previous year. By the end of 2022, China had 4.212 million valid invention patents, a year-on-year increase of 17.1%, and the quality and efficiency of intellectual property examination and review steadily improved.

3) The Institute of Computing Technology, Chinese Academy of Sciences, and other institutions used AI technology to design the world's first fully automatically generated CPU chip without human intervention - Qiming No. 1.

4) Purple Mountain Observatory, Chinese Academy of Sciences: From July onwards, the summer Milky Way will "traverse the sky" from north to south, ushering in the best viewing season.

5) In the women's 3x3 basketball series in Poitiers, France, the Chinese team won the runner-up.

Wu Jingyu was elected Joint Chair of the World Taekwondo Federation Athletes' Committee.

Life Services

1) Accelerating the promotion of the two-hour health and wellness service circle around Beijing, the "Healthy Shanxi, Summer Shanxi" Beijing docking meeting was held in Beijing on June 30. The 2023 National Square Dance Conference was launched in Beijing on the evening of June 29.

The Palace Museum launched a one-stop visitor service center. Many scenic spots restrict the entry of camping vehicles, including the Palace Museum, Shanghai Disneyland, and Universal Studios Beijing.

2) Shanghai: The total capacity of incineration of dry waste and resource utilization of wet waste exceeds 36,000 tons/day. After being expelled for "cheating", student Xiao Tian sued the school and won the lawsuit, but was expelled again, and Fudan University became the defendant again.

3) A new model of standard metro train in China was released and will be put into operation in Guangzhou Metro.

A place in Shenzhen responded to the encouragement of having another child under 49 years old: the activity was eventually cancelled.

4) On July 1, the Lanzhou-Xining section of the Lanzhou-Xinjiang High-speed Railway achieved high-standard operation at a speed of 250 kilometers per hour, with the fastest travel time between the two cities being 59 minutes. The first international airline - Myanmar National Airlines - successfully completed its maiden flight on the Mangshi-Yangon international route in China.

5) Heavy rainstorm in Xiangxi, Hunan Province: citizens huddled together for mutual rescue in the streets.

Six people in Guizhou went up the mountain to pick and eat wild mushrooms, and four were rushed to Yunnan for rescue.

6) Investigation into the renovation of tires in a small workshop in Fenyang, Shanxi: old tires with broken steel wires are still used, and they enter the market without quality inspection. A primary school in Qingdao responded to a student fainting at the graduation ceremony: hypoglycemia, no major problems, and no neglect.

7) The 2023 Wheat Maturation Period Continuous Rainy Weather Meteorological Service Guarantee Seminar was held in Henan on June 29. Xiangyang, Hubei: A major grain-producing city is accelerating the promotion of Beidou intelligent agricultural machinery. The Hetao Irrigation District in Inner Mongolia is promoting modernization transformation to solve the problem of large-scale waterlogging. The main line base section of the Hainan Ring Island Tourism Highway has been completed, and more than half of the entire line can see the sea.

8) There will be heavy rainfall in the Sichuan Basin, Jianghan, and Huanghuai regions, and continuous high temperatures will occur in North China and the Huanghuai region. From 8 pm on June 30 to 8 pm on July 1, parts of southeastern Heilongjiang, southeastern Tibet, northeastern Jiangxi, southwestern Zhejiang, and southern Anhui will experience heavy rain, with local torrential rain.