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March 7, 2024, Three-Minute News Breakfast

Release time：

2024-03-07

March 7, 2024, Three-Minute News Breakfast

1) On the eve of International Women's Day, Xi Jinping extended festive greetings and best wishes to women compatriots. On the afternoon of March 6, Xi Jinping visited members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and participated in a joint meeting, listening to opinions and suggestions.

Li Qiang, Zhao Leji, Wang Huning, Ding Xuexiang, Li Xi, and Han Zheng respectively participated in the deliberations of their respective delegations. Leading comrades from the Central Committee of the Communist Party of China, the Standing Committee of the National People's Congress, the State Council, and other organizations participated in the group discussions of the delegations.

2) Minister of Finance Lu Fuan: Moderate increase in efforts and improvement in quality and efficiency are the keynote and characteristics of this year's fiscal policy. Minister of Commerce Wang Wentao: Will promote the trade-in of old for new consumer goods such as automobiles, home appliances, and home decoration and kitchen and bathroom products.

3) [Voices from the Two Sessions] National People's Congress deputy Geng Funeng: Suggested increasing the penalty for illegal and irregular internet celebrities. Jing Zhu: Strengthened the punishment of internal corruption in private enterprises. Zhu Xiangxiang: Suggested increasing the teaching allowance for primary and secondary school teachers. Liu Xiya: Suggested allowing teachers to take professional qualification examinations across different majors. Huo Qigang spoke again: Improving the holiday system will help enhance the competitiveness of mainland tourism. CPPCC member Peng Jing: Suggested that parents of children under 3 years old receive one paid day off per month. Wu Fan: High-level public health talent cultivation should not be limited by enrollment size. Tan Wenying: Suggested that vehicles enjoy a fixed amount of free highway time annually. Multiple departments suggested supporting the preservation of fertility in older women.

4) The 40-day 2024 Spring Festival travel rush ended on March 5, with an estimated total cross-regional population flow exceeding 8.4 billion person-times, and a total of 484 million passengers transported by national railways.

5) The world's largest 4,000-ton wheel-type crane was shipped from Xuzhou, Jiangsu Province.

The first electric vehicle smart charging and swapping demonstration zone in China was built in Jiangsu Province.

6) Chen Gui Xiang, a survivor of the Nanjing Massacre, passed away on March 5 at the age of 99.

7) [Rule of Law] Li Xi, Secretary of the Central Commission for Discipline Inspection, emphasized during his participation in the Fujian delegation's deliberations: Deepening the high-quality development of disciplinary inspection and supervision work to provide strong support for the great cause of building a strong nation and national rejuvenation.

8) [Military] The United States will deploy 5 aircraft carriers in the Western Pacific. Navy Political Commissar Yuan Huazhi: China has the ability to cope and will deploy in an all-around way. Is China's fourth aircraft carrier nuclear-powered? Yuan Huazhi: "It will be announced soon." The fourth aircraft carrier does not yet have a name and will continue to be named after a province.

9) [Hong Kong and Macao] The exhibition area of the Hong Kong Pavilion at the 4th China International Consumer Products Expo will increase to a record high of 600 square meters.

10) [Taiwan] Zeng Liqun, a representative of the National People's Congress from Taiwan Province: Guiding Taiwanese youth to establish a correct historical view and regain their spiritual roots in the nation.

1) The Ministry of Foreign Affairs' statement on the issue of Ren'ai Reef: The Philippines should immediately stop its maritime infringement and provocations; it is advised that the United States should not use the Philippines as a pawn to disrupt the situation in the South China Sea. The China-Algeria Economic Forum focuses on new opportunities for cooperation. The 26th batch of Chinese military medical teams assisting Zambia was awarded the "International Cooperation Medal." A floating photovoltaic power station project in Thailand, built by a Chinese company, has been connected to the grid.

2) China's Deputy Permanent Representative to the United Nations, Geng Shuang: The United States' unilateral abuse of its veto power on the Gaza ceasefire issue has stifled consensus in the Security Council. China will continue to support the work of the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) in Gaza. China calls for constructive support for the political process in South Sudan. The European Union has launched its first European Defence Industrial Strategy. World Meteorological Organization: The peak of El Niño has passed, but its impact will continue.

3) In the 2024 US presidential election "Super Tuesday," Biden and Trump won the Democratic and Republican primaries in multiple states respectively, expanding their respective leads within their parties. Trump: We must win, otherwise America will be "doomed." US media: Trump has met with tycoons such as Musk and is seeking more donors to support his campaign. US lawmakers demanded that ByteDance divest TikTok within 165 days. A TikTok spokesperson said: This tramples on the First Amendment rights of 170 million Americans and deprives 5 million small businesses of the platform they rely on for development and job creation. Victoria Nuland, the US State Department's number three official and Deputy Secretary of State, will leave office this month, having consistently advocated a tough stance on Russia.

Federal Reserve Chairman Powell: It may be appropriate to cut interest rates at some point in 2024.

4) Gennady Zyuganov, leader of the Communist Party of the Russian Federation: Russia's power structure needs to change, socialism is the salvation of Russia and the whole world.

5) Macron: Confiscating frozen Russian assets violates international law. The opening ceremony of the Paris Olympics will be held on the Seine River, with tens of thousands of athletes parading by boat. The opening ceremony ticket plan has been finalized, and 326,000 people will be watching from the banks of the Seine River with tickets.

6) Houthi rebels in Yemen claimed to have used drones and missiles to attack two US Navy destroyers in the Red Sea. Egyptian officials: The latest round of Gaza ceasefire talks failed to make a breakthrough.

7) Japanese citizens filed a collective lawsuit demanding a halt to the discharge of nuclear-contaminated water: "Intentionally committing new harmful acts."

The latest conclusion of the South Korean police: The video of "President Yoon's confession" is not a deepfake, but a compilation of multiple real clips.

8) Peru's Prime Minister resigned. A passenger plane and a training plane collided in Kenya, killing two people.

1) Governor of the People's Bank of China Pan Gongsheng: Maintain the basic stability of the RMB exchange rate at a reasonable and balanced level; there is still room for further cuts in the reserve requirement ratio.

2) Chairman of the China Securities Regulatory Commission Wu Qing: Further strengthen investor protection, further enhance investor confidence and trust in the market; strictly regulate the market according to law, and strictly manage the team according to discipline. The Shanghai Stock Exchange has visited more than 170 listed companies, and leading chain-main enterprises are focusing on internal cultivation and returns.

3) National Development and Reform Commission: In 2023, the export of new energy vehicles increased by 77.6%; it is preliminarily estimated that equipment upgrades will be a huge market of over 5 trillion yuan.

4) Gold is booming! Construction Bank of China issued an urgent announcement: From March 7, the starting amount for personal gold deposit business will be increased. JD Logistics' 2023 revenue reached 166.6 billion yuan, and employee salaries and welfare expenses increased by 20.5%.

5) Yesterday's closing price:

Shanghai Composite Index: 3039.93/-0.26%

Shenzhen Component Index: 9395.65/-0.22%

ChiNext Index: 1832.58/-0.06%

Hang Seng Index: 16438.09/+1.70%

1) NPC deputy Cheng Ping suggested correcting non-standard word usage. CPPCC member Fang Jie said that young people seeking a "one-time solution" by taking the postgraduate entrance examination and then the civil service examination is not advisable.

2) On the evening of March 6th, the "University Voice · National Night" joint concert of four universities' national orchestras was successfully held at the Beijing Concert Hall. The concert was jointly presented by the Zhejiang University Wenqin National Orchestra, Tsinghua University National Orchestra, Peking University National Orchestra, and the Macao University Chinese Orchestra.

3) Why have I been sick all winter? Zhang Wenhong, a CPPCC member and director of the Infectious Disease Department of Huashan Hospital: The prevalence of infectious diseases such as influenza has become disordered. Zhen Zidan, a CPPCC member and actor: Being able to move the audience is a prerequisite for Chinese films to "go global".

4) 20th Winter Deaflympics: Chinese athletes won the gold medal in the snowboarding individual event for the first time in the Winter Deaflympics. The Ski Mountaineering Asian Championships concluded, with the Chinese team winning all the gold medals.

5) The final stage of the 2024 "Village Super League" will be held in Guizhou on March 16.

1) Beijing's first batch of affordable childcare institutions list was released, totaling 58 institutions, with monthly fees ranging from 1200 yuan to 3700 yuan. Xiong'an New Area has issued over 10,000 "Xiongcai Cards". Tianjin announced its latest institutional setup: the Data Bureau and the Investment Promotion Bureau are directly under the municipal government.

2) Inter-provincial passenger transport on the Yangtze River trunk line increased by 518.78% year-on-year during the Spring Festival travel rush. The "calling the mountain to pray for blessings" at Wengjiashan in Hangzhou's West Lake attracts international friends to experience tea culture.

3) Li Bingjun, governor of Guizhou Province: The government's "tightening its belt" is not a temporary measure, but should become the norm. Chen Gang, secretary of the Qinghai Provincial Committee, responded to the "6 cadres drinking one person to death" incident: It is the "pain" of Qinghai cadres, allowing Qinghai to be warned.

4) During the Spring Festival travel rush, the amount of duty-free shopping in Hainan reached 7.41 billion yuan.

5) Sanmenxia, Henan: A large number of wintering whooper swans are starting their northward journey, and will basically complete their migration before March 10. In the Xinjiang Changji Phalaenopsis cultivation base, it is warm and spring-like, with 100,000 Phalaenopsis flowers blooming.

6) Most parts of China are experiencing fine weather. From 8 pm on March 6th to 8 pm on March 7th, light snow or snow mixed with rain is expected in parts of central Shanxi, northeastern and central Inner Mongolia, central and northern Heilongjiang, western mountainous areas of southern Xinjiang, northern and eastern Tibet, southern Qinghai, and northern western Sichuan Plateau.

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