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March 19, 2024 (Tuesday) Three-Minute News Breakfast

Release time：

2024-03-19

March 19, 2024 (Tuesday) Three-Minute News Breakfast

1) Xi Jinping sent a congratulatory message to Vladimir Putin on his re-election as President of Russia.

2) National Bureau of Statistics: In the first two months of 2024, production and demand showed steady growth, employment and prices remained generally stable, and new drivers and advantages continued to develop and grow. In the first two months of 2024, the output of electricity from major industrial enterprises in China increased by 8.3% year-on-year. Nationwide house prices have fallen 23% from their peak, with 50 cities experiencing declines for three consecutive months, with Nanjing, Guangzhou and Wuhan leading the decline.

3) The South-to-North Water Diversion Project has diverted a cumulative 700 billion cubic meters of water, benefiting 176 million people.

4) National Development and Reform Commission: Domestic refined oil prices will not be adjusted according to the mechanism on March 18. Traffic police in many places have issued notices: It is forbidden to provide refueling and vehicle repair services to minors.

5) About 200 kilometers west of Tianjin, another 100 million-ton oil field has been discovered in the central and northern parts of the Bohai Sea.

6) China will expand the pilot program to deepen reforms in medical service pricing, with Inner Mongolia, Zhejiang and Sichuan conducting province-wide pilot programs.

7) [Rule of Law] The Supreme People’s Court and the Supreme People’s Procuratorate have issued a judicial interpretation on tax evasion through "yin-yang contracts." Wang Dengfeng, former director of the Department of Physical Education, Health and Arts Education of the Ministry of Education, was sentenced to 17 years in prison in the first instance and fined 5 million yuan. Liu Yuejin (vice-ministerial level), a member of the 13th National Committee of the Chinese People’s Political Consultative Conference, is under investigation. Li Jinzhu, former vice chairman of the Shaanxi Provincial People’s Congress Standing Committee, has been prosecuted. Chen Daiwen, former vice-ministerial level cadre of the Standing Committee of the Tongren Municipal People’s Congress in Guizhou Province, has been expelled from the Party. Li Huowen, former head of the United Front Work Department of the Jiangmen Municipal Committee of the Guangdong Provincial Committee of the Communist Party of China, is under investigation. Wu Yirong, vice chairman of the Baise Municipal Committee of the Chinese People’s Political Consultative Conference in Guangxi Zhuang Autonomous Region, is under investigation.

8) [Military] A certain regiment of the 73rd Army Group Army organized a day-and-night live ammunition shooting assessment. Various activities were held across the country to see off new recruits.

9) [Hong Kong and Macao] Hengqin’s customs clearance has been running smoothly and orderly for half a month, and the tax policy dividends continue to be released, benefiting both Guangdong and Macao. About 20 key enterprises will be located in Hong Kong in the second batch.

10) [Taiwan] The Taiwan Affairs Office of the CPC Central Committee and the State Council Taiwan Affairs Office, together with the Central Committee of the Revolutionary Committee of the Chinese Kuomintang, the Taiwan Democratic Self-Government League Central Committee, and the All-China Federation of Taiwan Compatriots, recently held a symposium in Beijing to study and implement the important speeches on Taiwan made by General Secretary Xi Jinping at the two sessions.

1) Ministry of Foreign Affairs: Will provide assistance to Cuba to overcome current difficulties. New Zealand Prime Minister Chris Hipkins met with Wang Yi.

2) UN Special Envoy for Syria: The current situation in Syria is extremely difficult. NATO European members face a huge shortfall of 56 billion euros in defense spending. Fierce fighting broke out in the Democratic Republic of Congo, injuring eight UN personnel. Egypt signed a €7.4 billion cooperation agreement with the European Union covering cooperation in finance, energy and migration.

3) The timing of the first Fed rate cut may be delayed until July. Boeing has experienced frequent safety incidents, with at least eight occurring in 2024. Uber, a US ride-hailing service operator, has agreed to pay approximately US$178 million in compensation to Australian taxi drivers.

4) Putin won the election with over 87% of the vote, starting his fifth term as Russian president. Putin’s remarks on Taiwan after his victory: Taiwan is undoubtedly an inalienable part of the People’s Republic of China, and those who are "unfriendly" to China and attempt to provoke China around Taiwan and impose sanctions on China are doomed to fail completely. Putin’s remarks on the situation in Ukraine: Russia advocates for peaceful negotiations on the Ukraine issue, and the Ukrainian army is rashly launching attacks. If the enemy likes a "meat grinder," it may even be advantageous to us.

5) Palestinian News Agency: Israeli bombing of central and southern Gaza killed at least 21 people.

Syrian military: Israel launched multiple missiles into southern Syria, injuring one soldier and damaging some facilities.

6) More than 30,000 tons of nuclear-contaminated water has been released into the sea, and Japan may start a new round of discharge in April.

7) Infuriated! Niger abrogated its military agreement with the US shortly after a US delegation left.

8) Professors at Korean medical universities plan to collectively resign, as the government refuses to compromise on the expansion plan.

9) An Italian sea rescue organization successfully rescued 71 illegal immigrants.

1) The central bank has issued a guide on digital RMB payments for foreign nationals visiting China. Alipay has further optimized payment services for foreign nationals visiting China.

2) Ministry of Industry and Information Technology: China has built 29 national manufacturing innovation centers. A separate assessment plan for new energy vehicles of central enterprises is about to be introduced, encouraging investment and mergers and acquisitions.

3) The China Securities Regulatory Commission plans to decide to impose a lifetime ban on Xu Jiayin and Xia Haijun from the securities market. Xu Jiayin was fined 47 million yuan, and Evergrande Real Estate was fined 4.175 billion yuan.

4) The FTSE Russell Global Equity Index has included 1,973 A-share samples, which is expected to bring more than 5 billion yuan of incremental funds to A-shares.

5) Yesterday’s closing prices:

Shanghai Composite Index 3084.93/+0.99%

Shenzhen Component Index 9752.83/+1.46%

ChiNext Index 1926.40/+2.25%

Hang Seng Index 16737.12/+0.10%

1) Ministry of Education: Since the start of the spring semester, more than 1.854 million job postings have been provided for college students.

2) China won one gold medal at the All England Open Badminton Championships, with Zheng Siwei/Huang Yaqiong winning the mixed doubles title. In the men’s singles final of the WTT Singapore Grand Slam 2024, Wang Chuqin defeated Liang Jingkun to win the men’s singles championship.

3) Youth World Cup of Skiing and Mountaineering: The Chinese team won 4 gold and 2 bronze medals, with male athletes winning gold for the first time.

4) Chinese player Bai Yulu won the 2024 World Women’s Snooker Championship.

5) The WCBA All-Star Weekend main game was held at the Hangzhou Olympic Sports Center Gymnasium, with the South All-Star team (purple) defeating the North All-Star team (red) 119:105.

1) The first Beijing-Laos cross-border tourist train of 2024 departed.

Beijing has more than 2.5 million existing business entities. The Beijing Meteorological Observatory issued a blue alert for strong winds.

2) The second China Fine Opera Invitational Exhibition opened at the Tianjin China Theatre.

3) A funeral was held for the junior high school student murdered in Handan. The entire village saw the child off, and the mother fainted and was sent to the hospital.

4) Over 20,000 live cockroaches were intercepted by Xiamen Customs in an attempted smuggling operation.

5) On March 18, a sanitation worker in Haikou found 300,000 yuan in cash in a trash can, reported it to company leaders, and called the police. Currently, the local police have taken the cash back for further investigation. Seven suspects were arrested by Sanya police for forcing tourists to participate in underwater photography.

6) A forest fire broke out in Dali Prefecture, Yunnan Province, and firefighters rushed to the scene to fight the fire. Firefighting efforts continue in Ya'an, Sichuan Province, with over 5,900 people evacuated and five resettlement centers established.

7) Cold air continues to affect southern China, with light to moderate rain expected. From 8 pm on March 18 to 8 pm on March 19, light to moderate snow or rain and snow is expected in parts of eastern Inner Mongolia, northern Heilongjiang, most of Liaoning, and eastern Tibet, with heavy snow in some areas of eastern Tibet. Light to moderate rain is expected in parts of southeastern Tibet, northern western Sichuan plateau, western Sichuan Basin, central Guizhou, southeastern Yunnan, most of Jiangnan, and southern China.

1) Foods that can reduce inflammation: cabbage, napa cabbage, radish; red cabbage; green pepper, bell pepper; onion; celery; peanuts; sesame; flaxseed oil, perilla oil (suitable for cold dishes).

2) Soaking feet in hot water can accelerate blood circulation and help relieve fatigue symptoms such as leg and foot soreness, numbness, and swelling. It is recommended to develop a good habit of soaking your feet in hot water before going to bed every night, using water of about 40℃ for 10 minutes.

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