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March 6, 2024 Three-Minute News Breakfast


Release time:

2024-03-06

March 6, 2024 Three-Minute News Breakfast

At 9:00 am on March 5th, the opening ceremony of the Second Session of the Fourteenth National People's Congress was held in the Great Hall of the People in Beijing. Xi Jinping and other Party and state leaders attended the meeting. Premier Li Qiang delivered the Government Work Report on behalf of the State Council. On the afternoon of March 5th, Xi Jinping participated in the deliberation of the Jiangsu delegation, emphasizing the development of high-quality productivity according to local conditions.

 
2) Premier Li Qiang pointed out in the Government Work Report that the main expected targets for this year are: GDP growth of around 5%, the addition of over 12 million jobs in urban areas, and a consumer price index increase of around 3%.
3) The first "Minister's Passage" of the Second Session of the Fourteenth National People's Congress: Minister of Science and Technology Yin Hejun: Accelerate the establishment and improvement of a new national system; the Ministry of Science and Technology will focus on three aspects of work. Minister of Water Resources Li Guoying: The national water network will be completed by 2035. Minister of Agriculture and Rural Affairs Tang Renjian: China's per capita grain possession has reached 493 kilograms. Director of the State-owned Assets Supervision and Administration Commission of the State Council Zhang Yuzhuo: Central enterprises invested 1.066 trillion yuan in R&D in 2023; central enterprises' industrial upgrading should prioritize strategic emerging industries and future industries.
4) [Voices from the Two Sessions] NPC deputy Huo Qigang: Suggested increasing the number of annual leave days for young people and mandating paid annual leave. Luo Weihong: Suggested formulating an anti-cyberbullying law to punish "keyboard injuries." CPPCC member Gan Huatian: Suggested extending paid maternity leave for women to two years. Zhao Changlong: Suggested fully including painless childbirth services in medical insurance. Huo Yong: Suggested strengthening the commercial insurance coverage of chronic diseases to reduce the burden. CPPCC member and Shanghai Stock Exchange General Manager Cai Jianchun: All market participants should put investors first.

5) China's domestically produced commercial aircraft ARJ21 and C919 made their debut in Laos.

A first for China! China Telecom has been approved for international telecommunication code number resources for satellite communications.

6) Asphalt paving has begun on the underwater tunnel of the Shenzhen-Zhongshan Channel; it will be ready for opening in June.

 
7) [Rule of Law] Two hotel staff members in Beijing were detained for obstructing state security officers in the performance of their duties. A national first! Multiple broadcasters were prosecuted for alleged money laundering after receiving 50 million yuan in "tips" through online live streaming.

8) [Military] China's defense budget increased by 7.2% in 2024, the same increase as in 2023. Eastern Theater Command: The US "Fien" class guided missile destroyer transited the Taiwan Strait and publicly hyped it up; the theater command forces maintain a high state of alert and are ready to respond to any threats and provocations. On March 5th, the Chinese Coast Guard took control measures against the Philippine vessel that illegally entered the waters near Ren'ai Reef in the Nansha Islands. Evidence of the Philippine vessel intentionally colliding with the Chinese Coast Guard was released: Video evidence shows the Philippine vessel dangerously approaching the Chinese Coast Guard vessel 21551, and being subjected to a warning water cannon spray.

 
9) [Hong Kong and Macau] A twelve-day "Hong Kong-Zhuhai-Macau Bridge" deep tour train will depart from Beijing Fengtai Station on March 20th.
10) [Taiwan] Taiwan media: Mainland representatives and their families left Kinmen on March 5th, criticizing the Taiwan authorities for their lies and lack of sincerity. Compensation of 100,000 RMB per person offered by the Taiwan Coast Guard Administration was rejected by the families of the victims. Li Zhaohui, deputy director of the Quanzhou Taiwan Affairs Office: The relevant consequences will be borne by the DPP authorities.

 

 
1) Ministry of Foreign Affairs: Once again urged the Philippines to stop its maritime infringement and provocations. Ministry of Commerce's response to the US's planned national security risk review of Chinese-made connected vehicles: The US side is using "national security" as an excuse to obstruct the normal export of Chinese automobiles; China expresses serious concern about this.

2) Ambassador Chen Xu expounded on China's ideas and propositions for promoting and protecting human rights at the UN Human Rights Council. China advocates strengthening international supervision of Japan's discharge of nuclear-contaminated water from Fukushima. The EU issued a fine of over 1.8 billion euros to Apple; Apple responded with a long article: The EU's decision is ironic. The official poster for the Paris Olympics was unveiled, "hiding" eight mascots.

The US crewed Dragon spacecraft docked with the International Space Station.
3) The US Supreme Court upheld Donald Trump's eligibility to participate in the Republican presidential primary in Colorado; Trump called it a "great victory for America." After winning the lawsuit, Trump challenged Biden: "Let's have a one-on-one!" Maine officially restored Trump's eligibility for the Republican presidential primary in the state. US media: Legal troubles have caused Trump's approval rating to rise instead of fall. An explosion occurred in a building in Detroit, with casualties yet to be determined. A shooting in Philadelphia resulted in one death and four injuries. A small plane crash in Tennessee resulted in multiple deaths.
4) Putin said that it is glorious to be both an enemy and a friend of Russia. Deputy Chairman of the Russian Security Council Medvedev: There are no dark horses in the US election, only two old horses. The Russian Foreign Minister revealed that EU ambassadors to Russia refused to meet with him on the issue of interference in the Russian presidential election; Medvedev: They should be expelled. Medvedev said that Germany is preparing for war with Russia. Germany refuted: Absurd. The German Ministry of Defense's password is 1234; German media can't take it anymore: Is this really safe?
5) Israel announced the recall of its ambassador to the United Nations. Intensive Israeli airstrikes on southern Gaza killed at least 49 people. Yemeni Houthi armed forces claimed to have attacked an Israeli cargo ship and a US warship on March 4th.
6) Japan announced the freezing of assets related to eight individuals associated with Hamas.
7) The cause of the train collision in Andhra Pradesh, India, in October last year was announced: The driver was watching a cricket match and did not notice the stop signal. Malaysian Prime Minister: If convincing evidence emerges, "willing to restart" the search for MH370.
8) Gang armed forces in Haiti exchanged fire with local police, attempting to seize the airport.
9) A Dutch man has set a world record after surviving nearly 40 years after a heart transplant.
 

 

1) State-owned Assets Supervision and Administration Commission of the State Council: Separate assessment of the new energy vehicle business of three central automobile enterprises.
2) On March 4th, six central state-owned enterprises, including the three major telecommunications operators, issued an announcement on improving quality and efficiency and increasing returns.
3) Enthusiasm for improving quality and efficiency remains high, with Shanghai-listed companies launching 494 shareholding repurchase plans this year.

4) Yesterday's closing price:

Shanghai Composite Index 3047.79/+0.28%

Shenzhen Component Index 9416.80/-0.23%

ChiNext 1833.66/-0.06%

Hang Seng Index 16162.64/-2.61%

 
1) The Publicity Department of the CPC Central Committee names the ninth batch of national model points for the Learn from Lei Feng activities and model Lei Feng role models at their posts. On March 5, the themed activity "Learn from Lei Feng, Civilized Practice, I Act" was launched.
2) The All-China Women's Federation recently held the awards ceremony for the 3rd National Women's Volunteer Service Micro-film Competition and the 6th National Women's Volunteer Service Collection and Exhibition Activity.
3) National Committee of the CPPCC member Feng Yuanzheng talks about the popularity of "Empresses in the Palace" in Taiwan: Cross-strait communication, cultural resonance transcends the strait. Academician Pan Fusheng, a deputy to the National People's Congress: Break the "school background" theory in graduate student employment and enrollment, and suggest eliminating the concept of first academic qualification on resumes.

4) U20 Women's Asian Cup: China team drew with North Korea in the first match.

Riyadh Masters: Ding Junhui lost to Carter 3-4 and missed the top 8, Higgins advanced to the top 8.
5) The Paris Paralympic Games sitting volleyball qualifiers will be held in Yunnan in April.
 

 

1) Beijing studies the construction of a global digital economy benchmark city and the work arrangements for 2024. Ecological water replenishment for the Yongding River in Beijing starts in the spring of 2024.
2) Shanghai Citizens' Art Night School spring classes open for registration on March 8, with new courses in e-sports and traditional Chinese medicine. Hangzhou will introduce more competitions and build a "10-minute fitness circle" across the city.
3) The first batch of "Made in China" wind turbine blades set sail from Tianjin Port in 2024.

4) Cold air affects southern regions. From 8 pm on March 5 to 8 pm on March 6, light to moderate snow or sleet is expected in parts of eastern Tibet, southern and eastern Qinghai, northern western Sichuan Plateau, and central and southern Shanxi, with heavy snow in parts of eastern Tibet.

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