March 8, 2024, Three-Minute News

Release time：

2024-03-08

1) Xi Jinping emphasized at the plenary session of the People's Liberation Army and People's Armed Police Force delegation: Strengthen mission responsibility, deepen reform and innovation, and comprehensively enhance strategic capabilities in emerging fields.

2) On March 7, a press conference was held at the second session of the 14th National People's Congress, where Wang Yi responded to hot diplomatic issues: China firmly acts as a force for peace, stability, and progress; it cannot be allowed that whoever has the bigger fist gets to call the shots, and it cannot be allowed that some countries must be at the table while others are only on the menu. Wang Yi recognized the foreign media reporter who asked the question: "Are you the young man who is taking the subject three driving test?" The young man responded afterwards: "This is the best day of my life!"

3) [Voices from the Two Sessions] National People's Congress deputy Zhang Zhenlian: Set a password for resident identity cards to eliminate the risk of theft. National Committee of the Chinese People's Political Consultative Conference member Ma Xiaoli: It is suggested that the focus of balanced and high-quality education development should be placed more on rural areas. Jin Yongwei: It is suggested that the elderly should be able to ride buses for free in all cities across the country.

4) In the first two months, China's total import and export value of goods reached 6.61 trillion yuan, a year-on-year increase of 8.7%, setting a new historical high for the same period. Among them, exports reached 3.75 trillion yuan, a year-on-year increase of 10.3%, with the growth rate returning to double digits.

5) Full online processing! In 2023, the national human resources and social security government services "cross-provincial handling" exceeded 1.6 billion transactions.

6) "Xuelong 2" leaves Qinling Station and sets off on its return journey. Guangzhou Railway Group reported on the smoke in G3046 train: caused by a passenger's mobile phone being squeezed and the screen shattering.

7) [Rule of Law] Zhao Jun, former deputy political commissar and secretary of the Discipline Inspection Commission of the Gansu Provincial Fire and Rescue Corps, was expelled from the party and removed from public office.

8) [Military] National Committee of the Chinese People's Political Consultative Conference member Zeng Wenlong: Towards winning, conquering the future battlefield.

9) [Hong Kong and Macao] The Ministry of Finance will issue 12 billion yuan of Chinese government bonds in Hong Kong, divided into four maturities.

10) [Taiwan] Wang Yi on the Taiwan issue: Our policy is very clear, which is to continue to strive for the prospect of peaceful reunification with the greatest sincerity; our bottom line is also clear, that is, we will never allow Taiwan to split from the motherland; everyone will eventually see a "family portrait" of the international community abiding by the one-China principle, it's just a matter of time. Zhang Haihua, a member of the National Committee of the Chinese People's Political Consultative Conference and deputy mayor of Harbin, invited Taiwan's "Little Angelica" to visit Harbin to see the red-crowned cranes during the summer vacation.

International News

1) Wang Yi on the South China Sea issue: I advise certain extra-regional countries not to become troublemakers in the South China Sea. Starting from March 14, China will implement a visa-free policy for six countries: Switzerland, Ireland, Hungary, Austria, Belgium, and Luxembourg. Indonesia's first 5G smart warehouse and 5G innovation center opens.

2) China calls on the international community to maintain dialogue and contact with the Afghan authorities. United Nations World Food Programme: Sudan could face the world's largest hunger crisis. South Africa urges the International Court of Justice to take new measures to end hunger in the Gaza Strip.

3) Republican Nikki Haley withdraws from the 2024 US presidential race, leaving Trump as the only major Republican candidate. Trump: At this moment, I hope she can continue to stay in the 'race' and fight to the end. Musk said he would not donate to Trump and Biden. The White House confirmed: The US did invite the "First Lady" of Ukraine to attend Biden's State of the Union address, but she refused.

US Central Command: A cargo ship in the Gulf of Aden was attacked by Houthi rebels, resulting in 3 deaths and 4 injuries among the crew. The Federal Reserve's "Beige Book" shows that inflationary pressures remain widespread in the United States.

4) Putin: Russia will continue to actively cooperate with the International Atomic Energy Agency. Putin: The spiritual reunification of Russia and Ukraine is inevitable, and all obstacles must be eliminated.

5) German MPs believe that Ukraine should bring the war to Russia and call for attacks on the Russian Ministry of Defence. Nearly 60% of Germans oppose supplying Taurus missiles to Ukraine. Zimbabwe urges the US to unconditionally and completely lift sanctions.

6) Israeli attacks on southern and central Gaza Strip kill at least 41 people. Israeli State Inquiry Commission: Israeli Prime Minister Netanyahu bears "personal responsibility" for the 2021 Meron Mountain stampede. Israel approves the construction of 3,426 new homes in Jewish settlements in the West Bank, which is rejected and condemned by the Palestinian side.

7) A Mexican navy helicopter crashes into the sea, killing 3 people. Peru's new Prime Minister, Alberto Otárola, is sworn in.

8) Nepalese Prime Minister Pushpa Kamal Dahal expands his new cabinet, adding 16 cabinet members from four parties.

9) Real wages in Japan have fallen year-on-year for 22 consecutive months.

Finance and Securities

1) As of the end of February 2024, China's foreign exchange reserves totaled US$322.58 billion, an increase of US$6.5 billion compared to the end of January, representing a 0.20% increase. The 2023 budget was implemented well, and the fiscal policy was strengthened and improved.

2) The General Office of the State Council issued an opinion on further optimizing payment services and improving payment convenience.

3) Yi Gang, vice chairman of the National Committee of the Chinese People's Political Consultative Conference's Economic Committee, suggested establishing an insurance mechanism for pre-sale funds in the real estate industry.

4) Global battery installations increased by 60% year-on-year in January, with CATL ranking first.

5) Yesterday's closing prices:

Shanghai Composite Index 3027.40/-0.41%

Shenzhen Component Index 9267.12/-1.37%

ChiNext 1789.94/-2.33%

Hang Seng Index 16229.78/-1.27%

Culture, Education, Sports and Entertainment

1) National Committee of the Chinese People's Political Consultative Conference member An Ting: More and better works should be used to praise heroes. Zhang Kaili: It is suggested to strengthen the creation of micro-short dramas with realistic themes, so that "large traffic" becomes "positive energy." Tang Xudong: Polish the "golden signboard" of traditional Chinese medicine.

2) National People's Congress deputy Zhang Yongmei: The "soft pornography" in cultural and creative products affects minors, and it is suggested to explore the establishment of a grading system. National Committee of the Chinese People's Political Consultative Conference member Xu Anlong: It is suggested that adolescents' mental health be included in key livelihood projects.

3) Heilongjiang Provincial Museum's "Prehistoric Santana - Exhibition of Large Three-Dimensional Fish Fossils from the Cretaceous Period of Brazil" attracts many visitors.

4) Global first! A super rare blood type, Ael subtype, has been discovered in Xiamen, even rarer than "panda blood".

5) 71-year-old retired female doctor, Aunt Qin, appeared at Paris Fashion Week: Age is never a problem.

Life Services

1) Beijing: Currently, individual applications for the third generation social security card are not yet open, and will be gradually launched later. An increase of 8,000 units in half a month! The number of second-hand houses listed in Beijing is climbing. The Beijing Municipal Committee of the Chinese People's Political Consultative Conference has arranged 12 key consultation topics for 2024, including "solving the problems of elderly people who are highly aged, disabled, or suffering from dementia living at home, and improving the city's emergency management capabilities".

2) The proportion of second-hand house transactions outside the outer ring road in Shanghai has increased, and intermediaries say that the number of people viewing houses has recently increased.

3) Banks issue a document clarifying that in Guangzhou, selling/renting two properties and buying a third can be executed as a first-home purchase. Ranking among the top in the country! Guangzhou Development Zone has 297.4 invention patents per 10,000 people.

4) Gansu and Qinghai National People's Congress representatives: About 148,000 households affected by the Jishi Mountain earthquake will move into new homes before the end of the year.

5) The last county in the country to have access to roads - Medog County, Linzhi, Tibet - has a rural resident income exceeding the national average. A 5.5-magnitude earthquake occurred at 6:06 pm on March 7 in Zado County, Yushu Prefecture, Qinghai Province, with a focal depth of 10 kilometers.

6) Mostly sunny weather across the country. From 8 pm on March 7 to 8 pm on March 8, light snow or sleet is expected in parts of eastern Heilongjiang, high-altitude mountainous areas of southern Xinjiang, northern and eastern Tibet, central and southern Qinghai, and the western Sichuan Plateau. Moderate snow is expected in parts of eastern Heilongjiang and southeastern Tibet, with heavy snow in some areas.

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