BLOG

Focus On Hongyang Plush, Understand Industry News

March 22, 2024 (Friday) Three-Minute News Breakfast


Release time:

2024-03-22

March 22, 2024 (Friday) Three-Minute News Breakfast

1) Xi Jinping emphasized during his inspection tour in Hunan the importance of adhering to reform, innovation, truth-seeking, and pragmatism to strive for creating a Hunan chapter of Chinese-style modernization.

2) The National Development and Reform Commission (NDRC): The country is accelerating the construction of a comprehensive service platform for the development of the private economy. The project platform has already "connected" 1612 projects to private capital. The State Administration for Market Regulation and five other departments issued a document clarifying the definition and scope of pre-made dishes.
3) The Ministry of Public Security has deployed public security organs in 11 provinces and cities, including Shanghai, to launch a regional campaign to crack down on crimes polluting the environment in the Yangtze River Basin.

4) China successfully launched the Yunhai No. 2 02 group of satellites.

China's first domestically-developed hydrogen-powered city rail train successfully completed a high-speed test run (160 km/h), achieving full-system, full-scenario, and multi-level performance verification.

 
5) National Energy Administration: A preliminary intelligent standardization system for coal mines will be established by 2025. Crude oil production at China's Bohai No. 1 extra-heavy oil field has exceeded 500,000 tons.
6) Train tickets for the Qingming Festival holiday will go on sale on March 21, and the 12306 website has quietly launched a "transfer on the same train" function.
7) [Rule of Law] Ministry of Justice: China's notarization services will shorten the certificate processing time for greater convenience and speed. The Qinghai procuratorial organs decided to arrest Rao Yong, former deputy inspector of the Sichuan Provincial Taxation Bureau of the State Taxation Administration, in accordance with the law.
8) [Military] The Dalian and Guangdong Maritime Safety Administrations issued navigation warnings, with military activities occurring simultaneously in the Bohai Sea, Yellow Sea, and South China Sea. Entry into the relevant waters is prohibited. On March 21, 34 Filipinos illegally boarded the Fiery Cross Reef. The China Coast Guard: Verification and handling. The 22nd batch of Chinese peacekeeping troops in Lebanon conducted engineering construction work with friendly forces.
9) [Hong Kong and Macau] A representative of the Hong Kong Special Administrative Region government spoke at the 55th session of the UN Human Rights Council: The legislation of Article 23 of the Basic Law of Hong Kong has received widespread support from Hong Kong society. Ten projects from Macao were selected for funding by the National Arts Fund.
10) [Taiwan] The Ministry of Foreign Affairs responded to remarks by a US military commander regarding a "mainland attack on Taiwan": Our policy is very clear, our bottom line is very clear. Resolving the Taiwan issue is the business of the Chinese people themselves, and it will not tolerate any external interference.

 

1) Xi Jinping sent a congratulatory message to Indonesian President-elect Prabowo. Wang Huning met separately with a delegation from the Workers' Party of Korea and a delegation of British MPs from both parties. Han Zheng met with Cambodian King Norodom Sihamoni and Queen Mother Monineath Sihanouk in Beijing. On March 21, local time, Wang Yi met with former Australian Prime Minister Paul Keating and New South Wales Premier Chris Minns in Sydney. China welcomed Australia's decision to terminate anti-dumping measures against Chinese wind towers.

 

2) The Ministry of Commerce responded to the US considering sanctions against Chinese chip companies related to Huawei: This is a typical act of economic bullying, and necessary measures will be taken to protect the legitimate rights and interests of enterprises. The US State Department spokesperson made remarks concerning the China-India border. The Ministry of Foreign Affairs: The China-India border issue is not related to the US. The "Palace of Versailles and the Forbidden City" exhibition is about to open, with nearly 100 exhibits departing from France for China.

 
3) US Secretary of State Blinken said the US has submitted a draft resolution to the Security Council for an immediate ceasefire in the Gaza Strip. Blinken visited Saudi Arabia, starting a new round of Middle East trips. On March 20, local time, the Biden administration announced the introduction of strict vehicle emission limits, which will reduce the average emissions of vehicles by nearly half compared to current standards by 2026. Trump called on supporters to donate to him: I humbly request that you can donate to me, $5 or $10 will do. Trump: Welcomes Chinese automakers to build factories in the US, but the prerequisite is that they must hire American workers. The US military said it would not rule out sending troops to Haiti.

4) The Central Election Commission of Russia officially announced that Putin won the presidential election.

The Russian Ministry of Defense announced that the Russian army had taken control of the Tonenke residential area in the Avdeyevka direction. Russian Defense Minister Shoigu: Three new armies will be formed to deal with new security threats. In the early morning of March 21, local time, the Ukrainian capital Kyiv was attacked by several Russian Kinzhal hypersonic missiles.
5) The Israeli military said it killed four senior Hamas commanders. Israeli Prime Minister Netanyahu: Preparing for an offensive on Rafah. Palestinian News Agency: Israeli forces air-struck several areas in northern and southern Gaza Strip, killing at least 29 people.

6) Three hospital employees in the UK are under investigation for allegedly stealing Kate Middleton's medical records. Macron posted a tough-guy photo: Punching a punching bag with a fierce expression, which spread as a "meme" on social media.

The President of Portugal appointed the chairman of the Socialist Party, António Costa, as the new Prime Minister.
7) New Zealand's economy has fallen into a technical recession, with two consecutive quarters of economic contraction. The Central Bank of Brazil lowered its benchmark interest rate to 10.75%. Peru enacted a bill to restore the bicameral parliamentary system.
8) Vietnam's Vice President Vo Thi Anh Xuan was appointed acting president. Starting next week, the South Korean government will revoke the licenses of doctors who have not returned to work. South Korea's first lady has "disappeared" for nearly four months. Analysts: It may be related to scandals and elections.
9) A magnitude 5.3 earthquake struck the southern part of Ibaraki Prefecture, Japan, on the morning of March 21, with strong tremors felt in Tochigi Prefecture, Saitama Prefecture, and Tokyo. A suicide bombing occurred in Kandahar province, southern Afghanistan, on March 21, local time, killing three and injuring 12.
1) Ministry of Finance: From January to February, national general public budget revenue reached 4.46 trillion yuan, continuing its recovery growth; from January to February, property tax revenue was 67.8 billion yuan, a year-on-year increase of 21.5%; from January to February, securities transaction stamp tax revenue was 15 billion yuan, a year-on-year decrease of 46.8%.
2) Ministry of Finance: Enterprises that do not lay off or lay off fewer employees will be reimbursed a certain proportion of the unemployment insurance premiums they actually paid in the previous year; administrative penalties were imposed on 197 accounting firms and 509 registered accountants.
3) Central Bank: There is still room for a decrease in the required reserve ratio.
4) Ministry of Commerce: In the first two months, China's non-financial outward direct investment increased by 10% year-on-year.
5) Tencent will conduct a super share buyback of over HK$100 billion. Apple CEO Cook's second visit to China: Strongly supports the Chinese market and supply chain.

6) Yesterday's closing price:

Shanghai Composite Index: 3077.11/-0.08%

Shenzhen Component Index: 9682.51/-0.36%

ChiNext Index: 1897.09/-0.64%

Hang Seng Index: 16863.10/+1.93%

 

 
1) The national education rumor refutation platform is officially launched, establishing "five platforms and one list," including an exposure platform, a response platform, a reminder platform, a learning platform, a verification platform, and a rumor refutation list. The Ministry of Education and the Ministry of Emergency Management have issued ten regulations to strengthen the fire safety management of primary and secondary schools and kindergartens.

2) The Ministry of Human Resources and Social Security launched the "Leading the Future - 2024 Joint Recruitment of College Graduates Spring Special Event in Major and Medium-sized Cities" in Xi'an. The event will last until May 31.

3) China Association of Senior Universities: An "upgraded" national online open class for senior universities is launched.
4) China Will Bank: The number of unmarried people making wills has increased significantly, with women accounting for nearly 70%.
5) Celebrating the achievements of the new era, the 39th Shanghai Spring International Music Festival opened on the evening of March 22.

 

 
1) Beijing will implement 40 tasks in its 2024 "疏整促" (疏解整治促提升, meaning roughly "optimize, rectify, and improve") plan, with 161 key intersections undergoing traffic order rectification for non-motorized vehicles. Beijing will select 50 schools to promote the implementation of physical education class scheduling.
2) Zhejiang Provincial Health Commission responds to extending marriage leave: striving to enter the legislative process as soon as possible.
3) The waterway route from Guangzhou Nansha Passenger Port to Hong Kong International Airport officially resumed on the afternoon of March 20, providing two round-trip flights daily.
4) 85 million mu (approximately 5.67 million hectares) of wheat in Henan Province has begun to turn green, and spring management production is gradually unfolding from south to north.

5) There will be rain and snow in Xinjiang and other places, with stronger rainfall in the Jianghuai, Jianghan, and northern Jiangnan regions. From 8 pm on March 21 to 8 pm on March 22, light to moderate snow or rain and snow is expected in parts of eastern Inner Mongolia, central and western Northeast China, the Tianshan area and Ili Valley of Xinjiang, eastern and southern Tibet, and northern Hebei.