Three-minute news, Wednesday, July 12, 2023

Domestic

1) Xi Jinping presided over the second meeting of the Central Committee for Comprehensively Deepening Reforms, emphasizing the construction of a higher-level open economic system and the gradual shift from energy consumption dual control to carbon emission dual control. Premier Li Qiang met with Asian Development Bank President Masatsugu Asakawa at the Great Hall of the People in Beijing on the morning of July 11.

3) [Rule of Law] The Central Commission for Discipline Inspection and the National Supervisory Commission publicly reported ten typical problems of formalism and bureaucratism that increased the burden on the grassroots level. The number of land violation cases discovered in the first half of the year decreased by 64% year-on-year, and the area decreased by 80.5% year-on-year. The Central Political and Legal Affairs Commission issued a notice requiring the study and publicity of the advanced deeds of Comrade Bao Weizhong. The Ministry of Justice and the Cyberspace Administration of China are accelerating the formulation of the "Regulations on the Protection of Minors Online". The procuratorial organs have respectively filed public prosecutions against Gu Xiaoyuan, former Party secretary of Beijing Second Foreign Studies University; Wang Shuoping, former vice chairman of the Rural and Agricultural Committee of the Guangdong Provincial People's Congress; and Gu Xiaojing, former member of the Party group of Hainan Radio and Television Station. Yue Yuesheng, former vice director of the Budgetary Work Committee of the Yunnan Provincial People's Congress, is under disciplinary review and supervisory investigation. Lu Bing, former director of the Heilongjiang Provincial Water Resources Department, is under review and investigation. Zhang Hong, former director of the Science and Technology Department of the State Tobacco Monopoly Administration, is under disciplinary review and supervisory investigation. Regarding the online rumor of a "3-year-old girl being molested", Wuxi police said that no molestation was found and no case was filed.

4) In the first half of the year, national railways transported 777 million tons of power coal, a year-on-year increase of 13.1%. China achieved long-distance dense-phase pipeline transportation of carbon dioxide for the first time. The Three Gorges Power Station has been in operation for 20 years, generating a cumulative total of over 1.6 trillion kilowatt-hours of clean electricity.

6) The State Flood Control Headquarters launched a level-four emergency response for flood control in Jiangsu, Shandong, Sichuan, and Gansu provinces. China is about to enter the crucial period of flood prevention from July to August, and various places are closely monitoring rivers, lakes, and reservoirs to ensure safe flood control.

7) China's childbirth support policy system has been initially established, with more than half of the provinces having the governor serve as the head of the relevant leading group for childbirth support.

8) [Military] The Chinese People's Armed Police Force will hold the "Sharp Blade-2023" international sniper shooting competition in Xinjiang in mid-July. The Chinese Navy's hospital ship "Peace Ark" held anti-terrorism and anti-piracy drills in the Pacific Ocean on July 10.

9) [Hong Kong and Macao] Zhou Ji was appointed as the vice director in charge of daily work (ministerial level) of the State Council's Hong Kong and Macao Affairs Office. Hong Kong Chief Executive John Lee: will issue his second policy address in October, with consultations to begin this month; stepping up efforts to arrest eight fugitives who violated Hong Kong's national security law. The first Hong Kong International University Students Go Tournament opened on July 11, with 14 teams from various countries and regions participating.

Hong Kong Post will issue special stamps on the theme of Hong Kong-style milk tea making techniques.

10) [Taiwan] Taiwan Affairs Office: The investigation into trade barriers imposed by Taiwan on trade with the mainland is proceeding in an orderly manner. Eric Chu, chairman of the Kuomintang, led a delegation to celebrate Ma Ying-jeou's birthday, and Ma Ying-jeou used eight words to describe the interaction between young people across the Taiwan Strait: natural, irresistible. Ma Ying-jeou Foundation's project inviting mainland students to Taiwan has been approved, and 37 students from 5 universities will go to Taiwan for exchanges.

International

1) On July 11, Vice President Han Zheng met with representatives from Asian, African, and Latin American countries attending the first high-level meeting of the Global Shared Development Action Forum in Beijing. Wang Yi will attend the East Asia Cooperation Series Foreign Ministers' Meeting in Jakarta, Indonesia from July 13 to 14. The second phase of the eighth meeting of the China-Russia Inter-Parliamentary Cooperation Committee was held in Beijing. On July 11, the Solomon Islands Embassy in China held its opening ceremony in Beijing.

The Ministry of Foreign Affairs responded to the IAEA Director General's statement that Fukushima nuclear wastewater is drinkable: It is suggested that the Japanese side make good use of the nuclear-contaminated water, and whoever thinks that the nuclear-contaminated water can be drunk or swum in can be supplied to them. China responded to the news that the giant panda Bao Bao in South Korea became a big sister: heartwarming good news.

2) World Meteorological Organization: Last week was the hottest week on record. Antarctic sea ice extent hit a record low since satellite observations began.

3) Biden arrived in Lithuania to attend the NATO summit, and the US military's "Doomsday Plane" appeared. The White House confirmed that Biden will meet with Zelensky during the NATO summit. The US said that NATO will "set a path" for Ukraine's accession to NATO, but there is no "timeline". After ending his visit to China, US Treasury Secretary Yellen tweeted: The US and China have made progress in deepening communication. The United States has officially rejoined UNESCO.

4) What does Putin's meeting with Prigozhin mean? Russian media: Wagner may be targeting northern Ukraine. Macron announced the supply of long-range missiles to Ukraine at the NATO summit: the first batch has arrived in Ukraine. The Russian presidential press secretary: will force Russia to take countermeasures.

5) NATO, Turkey, and Sweden issued a joint statement, and the Turkish government agreed to submit Sweden's accession to NATO protocol to parliament.

Swedish Prime Minister: Sweden will "become a full member of NATO as soon as possible". German Chancellor Scholz opposes linking Sweden's accession to NATO with Turkey's accession to the EU. When asked when NATO will accept Ukraine? NATO Secretary General: Unless Ukraine wins, it's out of the question.

6) North Korea condemned US reconnaissance aircraft for repeatedly violating North Korea's exclusive economic zone.

7) The Kazakhstan-Uzbekistan border demarcation and monument erection treaty officially came into effect.

8) After banning "Barbie", Vietnam again requested the suspension of the Chinese TV series "Go Against the Wind" due to the "nine-dash line" issue. Thailand's caretaker Prime Minister Prayut Chan-o-cha announced his resignation from the party and his withdrawal from politics.

Finance and Securities

1) Central Bank: 3.05 trillion yuan of new loans were added in June, M2 grew by 11.3%, and the increase in social financing was 4.22 trillion yuan.

2) The All-China Federation of Industry and Commerce released 134 cases of green and low-carbon development of private enterprises. China's first high-end wafer laser cutting equipment with 100% domestically produced core components was launched.

4) China Association of Automobile Manufacturers: In the first half of the year, the production and sales of new energy vehicles in China increased by 42.4% and 44.1% year-on-year, respectively. National Energy Group: Completed power generation of 4.09 billion kilowatt-hours on July 10, setting a historical record.

5) The website of the Italian luxury brand Bulgari allegedly listed Taiwan as a country, prompting netizens to demand a response. Bulgari apologized: The mislabeling was due to management oversight, and they respect China's sovereignty and territorial integrity. People's Daily commented: Bulgari's apology shouldn't become exclusive to mainland China.

Shanghai Composite Index: 3221.37/+0.55%

Shenzhen Component Index: 11028.68/+0.78%

ChiNext: 2216.78/+0.81%

Hang Seng Index: 18659.83/+0.97%.

Culture, Education, Sports, and Entertainment

1) "An Outline of General Secretary Xi Jinping's Important Thoughts on a Powerful China in the Cyberspace" was published and issued.

2) July 11th is the 34th World Population Day. The National Health Commission has set China's theme as "Promoting Gender Equality and Protecting Maternal and Child Health." China now has over 75,000 childcare institutions, providing over 3.6 million childcare places.

3) Several youth hostels in Beijing refused to accept "middle-aged people over 35." Merchants stated: Different lifestyles make management difficult.

4) The Chinese Football Association issued another fine; two club officials were penalized for violations.

5) Fan Zhendong returned to the top of the men's singles world rankings in table tennis. Wimbledon - Zhang Shuai's doubles team won the derby and advanced to the women's doubles quarterfinals; Yang Zhaoxuan's mixed doubles team was eliminated.

Life Services

1) Beijing introduced multiple measures to address the difficulty of making reservations at popular tourist attractions during the summer vacation. Beijing's "night economy" continues to heat up, with "street vending" becoming the top choice for young people's side hustles. Beijing Huairou is building a home for scientists, encouraging more technology alliances and forums to settle there.

2) Air China responded to the turbulence on a flight from Shanghai to Beijing: The plane landed normally, with two people injured. It's scorching hot! Hangzhou offers free parking all day due to temperatures exceeding 40℃.

3) The continuous beam of the connecting line for the Guangzhou Baiyun Station hub has been fully closed.

High temperatures persist in many areas; Fuzhou has issued a high-temperature red alert for four consecutive days.

4) A fireworks explosion occurred at a pig farm in Hunan, resulting in 5 deaths and 2 missing persons. Changsha police responded to a bank robbery: Someone called the police claiming to rob a bank and has been apprehended.

5) Sichuan launched a special summer governance campaign: Summer vacation should not become a "third semester" for students. Chongqing Customs introduced 20 measures to optimize the business environment.

6) Heavy rainfall caused a debris flow disaster in Gannan, Gansu, resulting in 2 deaths, 7 injuries, and 2 missing persons. Hainan's first river "physical examination report": The overall water ecological condition of the Wanquan River is excellent. The Tibetan antelope population in the Sanjiangyuan National Park has recovered to over 70,000.

7) High temperatures continue in southern China, with heavy rainfall and strong convective weather in the Huanghuai region and the Sichuan Basin. From 8 PM on July 11th to 8 PM on July 12th, parts of northern Shanxi, central and northern Hebei, Beijing, western Tianjin, south-central Inner Mongolia, most of Shandong, central and northern Henan, northern Jiangsu, western Sichuan Basin, southeastern Gansu, northern Qinghai, southeastern Tibet, and western Yunnan experienced heavy to torrential rain. Some areas in western Shandong and the western Sichuan Basin experienced extremely heavy rainfall.