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January 17, 2024 (Wednesday) Three-Minute News Breakfast

Release time：

2024-01-17

January 17, 2024 (Wednesday) Three-Minute News Breakfast

1) Xi Jinping delivered an important speech at the opening ceremony of a special seminar for provincial and ministerial-level leading cadres on promoting high-quality development of finance, emphasizing the need to unswervingly follow the path of Chinese characteristics in financial development and promote high-quality development of China's finance. On January 16, local time, Premier Li Qiang attended the World Economic Forum in Davos and delivered a special address. Li Qiang stated that China's economy is expected to grow by 5.2% in 2023.

2) The State Council appointed Hu Haifeng as the Vice Minister of Civil Affairs. The expected number of cross-regional population movements nationwide during the 2024 Spring Festival travel rush is estimated to reach 9 billion person-times. The National Bureau of Disease Control and Prevention: The COVID-19 epidemic may see a certain degree of resurgence, and six measures ensure that the overall epidemic situation nationwide remains stable during the Spring Festival holiday.

3) World's first! The number of valid invention patents in China has exceeded 4 million. A Chinese research team has successfully solved the problem of flight instability in multi-rotor drones.

4) The Tianzhou-7 cargo spacecraft is about to head to the space station. This mission marks the first time that the Long March 7 carrier rocket will use manual ignition, with the error needing to be controlled within 1 second.

5) In 2023, the "work-for-relief" program helped 2.53 million people find employment, with an average increase in income of over 14,000 yuan per person.

6) The Yangtze River Delta Integration Demonstration Zone released a three-year action plan for major projects.

7) [Rule of Law] Ministry of Public Security: Gun and explosion crime cases in 2023 decreased by 20% year-on-year. Bai Jinming, former secretary-general of the Anhui Provincial People's Congress Standing Committee, was "double-opened." Chen Shaofei, former deputy head of the eighth inspection team of the Guangdong Provincial Committee, is under investigation. Chen Gang, former member of the Party Committee of the Guizhou Provincial Public Security Department and former head of the Discipline Inspection and Supervision Group of the Provincial Commission for Discipline Inspection and Supervision stationed in the Provincial Public Security Department, was "double-opened." Ma Yuxing, former head of the fourth inspection team of the Shandong Provincial Committee, is under investigation.

8) [Military] Ministry of Education, Political Work Department of the Central Military Commission: 2431 new national defense education demonstration schools have been added to primary and secondary schools. The working group meeting of the Western Pacific Naval Symposium was held in Nanjing, attended by representatives from the navies of 30 countries.

9) [Hong Kong and Macau] John Lee: To commence the legislative work of Article 23 of the Basic Law of Hong Kong as soon as possible. The level of financial interconnection between Hong Kong and the mainland continues to improve, achieving six aspects of "interconnection." The Hong Kong Marathon will be held on January 21, with 74,000 runners participating.

10) [Taiwan] Ministry of Foreign Affairs: Urges the United States to exercise caution in handling issues related to Taiwan. Philippine President Marcos made remarks on issues related to Taiwan, Ministry of Foreign Affairs: Suggests that President Marcos should read more books.

1) On January 15, local time, Tunisian President Saied met with Wang Yi in Tunis, the capital; Wang Yi held talks with Tunisian Foreign Minister Ammar. Le Le, the giant panda born in Singapore, took a chartered flight to China.

2) On the 100th day of the Palestinian-Israeli conflict, UN Secretary-General Guterres once again called for an immediate humanitarian ceasefire in the Gaza Strip.

3) The US presidential election kicks off, with Trump winning the Iowa Republican primary. After winning the Iowa primary, Trump said he would take back the country and "continue the greatest slogan ever."

Trump criticizes Biden again: I don't want to be too harsh, but he is the worst president in American history, and we once had the strongest economy. US media: US House Speaker celebrates Trump's victory in the first party primary, saying it will bring the Republican Party "closer to unity." Biden's approval rating falls to the lowest level for a US president in 15 years: only 33%. Goldman Sachs expects the Fed to cut interest rates five times this year, and the economy will achieve a soft landing. Two Boeing planes collided at Chicago airport, and the US Federal Aviation Administration launched an investigation.

4) Voronezh, Russia, entered a state of emergency after being attacked by Ukrainian drones in the early hours of January 16, local time. Paris is experiencing a surge in prices, with hotel prices rising by nearly 600% on the night of the opening ceremony of the Olympics.

5) North Korea decides to abolish the Committee for the Peaceful Reunification of the Fatherland and other inter-Korean affairs agencies. Kim Jong Un: The recovery of the Republic of Korea should be written into the constitution.

6) On the evening of January 16, local time, due to slippery ground and improper operation of the towing vehicle, a Cathay Pacific passenger plane collided with a Korean Air passenger plane at an airport in Hokkaido, Japan. There are currently no casualties. More than 8,000 companies went bankrupt in Japan in 2023, an increase that is the highest since the collapse of the bubble economy. US troops stationed in Japan will participate in earthquake relief efforts in Japan.

7) Israeli Defense Minister Gallant: The "high-intensity" fighting in northern Gaza is over. The situation in the West Bank may escalate, and the Israeli army is recalling special forces from Gaza.

8) The Iranian Revolutionary Guard launched two rounds of air strikes: an Israeli "spy center" in Iraq was destroyed, and an explosion occurred near the US consulate. Iran warned the US and Britain to stop attacking Houthi rebels in Yemen. A Greek cargo ship was hit by a missile in Yemeni waters. The Iraqi president expressed his hope to join the WTO.

9) Icelandic volcano active, president warns of entering a "period of upheaval".

A boat capsized in Nigeria, with at least 100 people missing.

1) The State Taxation Administration released a new version of the "Tax Policy Guidelines for Stabilizing Foreign Trade and Foreign Investment".

2) The State-owned Assets Supervision and Administration Commission of the State Council held a symposium on the economic operation of state-owned enterprises to study practical measures to ensure a good start for central enterprises.

3) Beijing and Shanghai fully relax down payments after a month: Some sales offices are overcrowded, and some projects require asset verification before queuing to buy a house.

4) Piano sales plummet? Dealers: Middle-class income decline; training schools: More diversified choices.

5) Yesterday's closing price:

Shanghai Composite Index 2893.99/+0.27%

Shenzhen Component Index 8992.07/+0.31%

ChiNext 1752.23/+0.38%

Hang Seng Index 15865.92/-2.16%

1) Latest report from the Development Research Center of the State Council: Predicting the next million-level milestone for the number of births every ten years.

2) Douyin Live released its annual platform governance review, continuously cracking down on bad live broadcast issues throughout the year, and permanently revoking the live broadcast permissions of 290,000 accounts, including top anchors such as "Xiucai".

3) China's Acrobatic Troupe wins gold medal at the Budapest International Circus Festival.

4) A pleasing Jupiter-Moon conjunction will occur on January 18th, Laba Festival.

1) Beijing launches a pilot program for energy efficiency assessment and grading management of public buildings. Beijing: 10 bus routes pilot bus signal priority.

2) Financial support for the Yangtze River Delta integration is upgraded, Shanghai Rural Commercial Bank Shanghai Yangtze River Delta Integration Demonstration Branch opens.

3) Tourism orders in Changchun during the Spring Festival increased by 613% year-on-year.

A tour group of 74 people visiting Lijiang was forced to consume horse riding, officials: No fees were incurred after reporting to the police, 3 travel agencies were investigated.

4) The Pingdingshan coal mine accident in Henan has resulted in 13 deaths, and the secretary of the Party committee and the mine manager of the coal mine involved have been removed from their posts. Gansu Tianshui's blind debt construction of trams was reported: annual income of 1.6 million, but operating costs require 40 million. The hardened road rate of natural villages and groups in Gansu has reached 90%.

5) Suspected leakage of questions in the supplementary test for Sichuan Provincial Government Procurement experts, Finance Department: will organize a make-up exam.

6) After continuous snow removal operations, the snow-blocked section of the road from Hemu Village in Burqin County, Altay Prefecture, Xinjiang to the county seat was cleared at around 13:00 on January 16. The Xinjiang General Temple to Naomaohu Railway officially opened, with a mainline length of 429.9 kilometers and a design speed of 120 kilometers, as an electrified Class I freight railway.

7) There will be rain and snow in the eastern part of Northwest China, the Huaihe River and south thereof. From 20:00 on January 16 to 20:00 on January 17, light to moderate snow or sleet will occur in parts of northwestern Heilongjiang, the Liaodong Peninsula, northern Xinjiang, eastern Tibet, southern Qinghai, western and central-southern Hebei, and most of the Huaihe River Basin, with heavy snow in some areas.

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