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March 23, 2024 (Saturday) Three-Minute News Breakfast

Release time：

2024-03-23

March 23, 2024 (Saturday) Three-Minute News Breakfast

1) Premier Li Qiang presided over an executive meeting of the State Council, studying measures to coordinate the construction of financing and credit service platforms and improve the convenience of financing for small and micro enterprises. The meeting also heard a report on optimizing real estate policies and promoting the steady and healthy development of the real estate market, and reviewed and adopted the "Draft Regulations on the Berthing and Supply of International Cruise Ships at Ports in the People's Republic of China."

2) As of December 2023, the number of netizens in China reached 1.092 billion, an increase of 24.8 million compared to December 2022, with an internet penetration rate of 77.5%.

3) The National Development and Reform Commission and four other departments: To complete the work of compiling the list of integrated circuit enterprises or projects and software enterprises enjoying tax incentives this year. The National Development and Reform Commission and multiple other departments: By 2025, the policy system and market mechanism for the protection and utilization of mine water will be basically established. National Development and Reform Commission: Support Guangzhou Nansha in boldly carrying out cutting-edge and disruptive technological innovation.

4) The national version of the cross-border service trade negative list was released for the first time. A special action to promote cross-border trade facilitation in 2024 will be carried out in 20 cities. In the first two months, China absorbed 215.09 billion yuan in foreign investment, a year-on-year decrease of 19.9%.

5) National Energy Administration: Issuing the responsibility weight for renewable energy power consumption in 2024 and implementing it to key industries and enterprises.

6) The Tarim Oilfield has cumulatively supplied 350 billion cubic meters of gas to the central and eastern regions.

7) [Rule of Law] Supreme People’s Procuratorate Procurator-General Ying Yong: Minors who commit serious crimes such as intentional homicide, and meet the conditions for prosecution approval, should be held criminally liable according to law. Xiang Hegang, former vice chairman of the Qianxinan Prefecture Political Consultative Conference of Guizhou Province, was sentenced to 11 years and 9 months in the first instance for bribery. He Zehua, former vice director of the State Tobacco Monopoly Administration, was charged with bribery exceeding 943 million yuan in the first instance. Liu Anlin, former president of China Life Property Insurance Co., Ltd., is under investigation. Tianjin police announced three typical cases of crimes endangering wild plants and animals. Wang Gang, chairman of Jiangsu Provincial Grain Group Co., Ltd., and Su Shengfeng, former first-level inspector of the Guangdong Provincial Drug Supervision and Administration Bureau, are under investigation.

8) [Military] A certain air force aviation brigade organized air combat confrontation focusing on improving combat skills.

9) [Hong Kong and Macao] March 21, the tenth anniversary of the founding of the Chinese University of Hong Kong (Shenzhen). The unveiling ceremony of the History and Civilization Research Base and the first History and Civilization Forum were held at the University of Hong Kong.

10) [Taiwan] Taiwan Affairs Office: The mainland rescued a Kinmen serviceman in distress, who was an active-duty member of the Taiwan military; another person has been sent back to Kinmen. The Prime Minister of Eswatini visited Taiwan, and the Ministry of Foreign Affairs: China firmly opposes this.

1) Cai Qi met separately with the delegation of the Communist Party of Vietnam and the delegation of the Workers' Party of Korea.

Han Zheng met with Singapore's Senior Minister and Minister-in-charge of National Security Coordination Teo Chee Hean in Beijing. Wang Yi met with the delegation of the Communist Party of Vietnam in Beijing. Liu Jianchao, director of the International Liaison Department, met with Alan Wm. Estevez, president of the US-China Business Council, in Beijing. President Lionel Aingimea of Nauru will visit China from March 24 to 29. Sri Lankan Prime Minister Dinesh Gunawardena will visit China from March 25 to 30. Nepalese Deputy Prime Minister and Minister of Foreign Affairs, Mr. NP Saud will visit China from March 25 to April 1. The UK and the US are preparing to conduct anti-subsidy investigations or national security risk investigations into Chinese electric vehicles. The Ministry of Foreign Affairs: Protectionism is absolutely unacceptable. Ukraine decided to cancel its published list of "international war sponsors." China: Welcomes this.

2) The UN General Assembly declared 2025 the International Year of Peace and Trust. The General Assembly declared November 15 each year as the International Day for Preventing and Combating Transnational Organized Crime. The General Assembly adopted the first resolution draft on artificial intelligence. The Special Representative of the Chinese Government on Eurasian Affairs held a briefing on the second round of shuttle diplomacy on the Ukraine crisis. China's Deputy Permanent Representative to the United Nations, Geng Shuang, called on the international community to work together to alleviate the humanitarian crisis in Syria and promote a political solution to the Syrian issue. The European Council decided to launch accession negotiations with Bosnia and Herzegovina.

3) US Secretary of State Blinken: Israel's military operation in Rafah will be "a mistake." Apple Inc. was accused of monopolistic practices in the United States. The US cargo Dragon spacecraft delivered supplies to the International Space Station again. A US hospital completed the world's first live human-to-pig kidney transplant surgery.

4) The launch of the Russian Soyuz MS-25 manned spacecraft experienced an anomaly in the final stage, and the launch was cancelled and rescheduled. Russian media: A Russian submarine launched Kalibr cruise missiles during exercises in the Sea of Japan, hitting the target. Ukrainian energy facilities were subjected to large-scale air strikes.

5) Israel announced the confiscation of 8 square kilometers of Palestinian land. Israeli military: The military operation at Shifa Hospital in Gaza City has killed about 140 Palestinian militants, and the military operation at Shifa Hospital is expected to continue for several days. UN Satellite Centre: About 35% of buildings in the Gaza Strip have been destroyed.

6) German Chancellor Scholz: China builds cities faster than Germany approves a single house. Mexico opposes the "discriminatory" immigration law in Texas, USA.

7) A 6.6-magnitude earthquake struck the northeastern waters of East Java Province, Indonesia.

1) Offshore RMB fell below 7.27 against the US dollar, falling nearly 500 points intraday, hitting a new low since November 2023.

2) Financial Regulatory Bureau: Banking and insurance institutions should implement the national big data strategy and promote the construction of data infrastructure.

3) The "Interim Measures for the Management of the Transfer and Augmentation of State-owned Equity and Cash Income in Social Security Funds" was issued.

4) Central Bank: Deepen the work of rectifying the refusal to accept RMB cash, and further improve the convenience of cash use.

5) In the first two months of 2024, the Beijing Stock Exchange served the issuance of 673 billion yuan in government bonds. On March 21, the Shanghai Stock Exchange Science and Technology Innovation Board ESG Index was officially released.

6) Yesterday's closing prices:

Shanghai Composite Index 3048.03/-0.95%

Shenzhen Component Index 9565.56/-1.21%

ChiNext Index 1869.17/-1.47%

Hang Seng Index 16499.47/-2.16%

1) The Bashan Site Group in Yishui, Shandong and the Keqiutou Site Group in Pingtan, Fujian were selected as "Top Ten New Archaeological Discoveries of 2023".

2) Nearly 200 artifacts from the four cradles of civilization are on display at the National Maritime Museum in the "Great River Civilization Exhibition".

3) China's national football team lost a good opportunity in the World Cup qualifiers, squandering a two-goal lead to draw with Singapore. WTT World Table Tennis: Wang Chuqin withdraws from the WTT Incheon Champions.

1) Starting March 23, Beijing Public Transport Group will launch a special bus line for the Qingming Festival tomb-sweeping. The No. 1 lock of the Beijing-Hangzhou Grand Canal Jietai ship lock will be closed for major repairs, with only the No. 2 lock in operation.

The reported incidence rate of pulmonary tuberculosis in Beijing has decreased by 36.8% in the past 10 years.

2) Apple's Shanghai Jing'an retail store opens, with CEO Tim Cook personally welcoming customers.

3) The supporting road network construction of Guangdong Zhongshan Passenger Transport Port is entering the final sprint and is scheduled to open at the end of April.

4) Liaoning actively expands employment and increases income, planning to help enterprises solve more than 700,000 job vacancies in 2024. The cause of the Ya'an forest fire in Sichuan has been preliminarily determined: construction fire work.

5) An armless man was asked to show his disability certificate for free subway rides, prompting an apology from the Wuhan Metro Company. The Panlong Ancient Road in Xinjiang has reopened, attracting tourists from across the country to travel through the Pamir Plateau.

6) There will be heavy rain and strong convection in northern Jianghan and Jiangnan, and rain and snow in Qinghai. From 8 pm on March 22 to 8 pm on March 23, light to moderate snow or sleet is expected in parts of northern Xinjiang at high altitudes, northern and eastern Tibet, western and southern Qinghai, northeastern Inner Mongolia, most of Heilongjiang, and central and eastern Jilin.

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