BLOG

Focus On Hongyang Plush, Understand Industry News

Three-minute news breakfast on Saturday, April 13, 2024


Release time:

2024-04-13

Three-minute news breakfast on Saturday, April 13, 2024

1) On the afternoon of April 12, Xi Jinping held talks with Surinamese President Chandrikapersad Santokhi at the Great Hall of the People in Beijing. Premier Li Qiang presided over an executive meeting of the State Council on April 12, studying work related to promoting the faster rise of central China in the new era, measures to improve the long-term mechanism for solving the problem of overdue corporate accounts, listening to a report on energy conservation and emission reduction, and deploying the work of conducting a full-chain rectification of safety hazards of electric bicycles.

2) The State Council issued the "Several Opinions on Strengthening Supervision, Preventing Risks, and Promoting the High-Quality Development of the Capital Market," which is the third set of "Nine Articles" for the capital market following those of 2004 and 2014.
3) The "Action Plan for Promoting the Trade-in of Consumer Goods," jointly issued by the Ministry of Commerce and 13 other departments, was released on April 12.

4) China National Space Administration: The Queqiao-2 relay satellite has completed its in-orbit communication test, and the mission has been successfully completed. Tsinghua University team developed an "intelligent optical computing chip." On April 11, the National Supercomputing Internet officially went online.

 
5) The National Development and Reform Commission and the National Energy Administration jointly released the "Implementation Opinions on Establishing a Coal Production Capacity Reserve System." By 2027, a preliminary coal production capacity reserve system will be established.
6) Ministry of Emergency Management: 3,570 accidents occurred nationwide in the first quarter, with construction becoming the second largest area of frequent accidents.
7) [Rule of Law] The "Ecological Protection Compensation Regulations" were recently promulgated and will come into effect on June 1 this year. Tang Shuangning, former chairman of China Everbright Group Co., Ltd., was prosecuted for suspected embezzlement and bribery. Bribery of more than 129 million yuan! The first trial of Sun Shutao, former vice chairman of the Shandong Provincial Committee of the Chinese People's Political Consultative Conference, opened. The internet celebrity Yang Lixin and his mother were murdered at home by their apprentice. Police: The suspect has been criminally detained due to conflicts.
8) [Military] On April 12, the China Coast Guard 2502 ship formation patrolled within China's territorial waters of the Diaoyu Islands. The Ministry of National Defense responded to the joint live-fire military exercise held by the People's Liberation Army on the Chinese side of the China-Myanmar border: The Chinese military resolutely safeguards national sovereignty, border stability, and the safety of people's lives and property. The US, Japan, Australia, and the Philippines conducted their first joint naval exercise in the South China Sea. The Ministry of National Defense: We will never allow the Philippines to act unreasonably; we resolutely oppose the deployment of intermediate-range missiles by the United States in the Asia-Pacific region.
9) [Hong Kong and Macau] Hong Kong released the "Action Plan for the Rule of Law Construction in the Guangdong-Hong Kong-Macao Greater Bay Area." Macau's property market has completely withdrawn the cooling measures, and will cancel the "three taxes" on real estate transactions.
10) [Taiwan] Ministry of National Defense: The People's Liberation Army will strike back at any form of "Taiwan independence" separatist activities. Lai Ching-te announced the second wave of "cabinet" personnel appointments, and those responsible for culture and education are all "very green".

 

 

1) Zhao Leji met with Choe Ryong Hae, member of the Political Bureau Standing Committee of the Central Committee of the Workers' Party of Korea and chairman of the Standing Committee of the Supreme People's Assembly, in Pyongyang and jointly attended the opening ceremony of the "China-North Korea Friendship Year".

Cai Qi met with Thornton, co-chairman of the board of directors of the Asia Society, in Beijing on April 12. Minister of Commerce Wang Wentao and Italian Deputy Prime Minister and Minister of Foreign Affairs Antonio Tajani co-chaired the 15th meeting of the Sino-Italian Economic Cooperation Joint Committee in Italy on April 11. German Chancellor Olaf Scholz will pay an official visit to China from April 14 to 16. The Minister of Foreign Affairs of the Central African Republic, Sylvie Baipo-Temon, will pay an official visit to China from April 14 to 16.
2) Wang Yi spoke with US Secretary of State Antony Blinken at the latter's request. Blinken briefed Wang on the US view of the current situation in the Middle East. Foreign Minister Wang Yi strongly condemned the attack on the Iranian embassy in Syria, emphasizing that the security of diplomatic missions must not be violated. The Chinese embassy in the US refuted the negative remarks about China in the joint statement by the US and Japanese leaders: China's activities in the East China Sea and the South China Sea are beyond reproach, urging the US and Japan to stop forming small circles targeting China. Starting April 13, one more pair of international passenger trains will be added to the China-Laos railway. The International Atomic Energy Agency will inspect the discharge of nuclear-contaminated water from Fukushima. The Maldives will use the RMB for import settlement.

3) Biden hosted a state dinner at the White House for the Kishida couple, with over 200 guests in attendance.

US Secretary of State Antony Blinken conducted intensive telephone diplomacy, seeking help from foreign ministers of multiple countries to persuade Iran "not to use force." German and British foreign ministers called on Iran to exercise restraint.

4) The Vostochny Cosmodrome in Russia successfully launched the Angara-A5 heavy-lift rocket for the first time, capable of sending payloads of 2 to 40 tons into near-Earth orbit.

A Belarusian female astronaut was awarded the title of "Hero of Belarus".
5) Zelensky admitted: Ukraine may suffer military defeat, which brings great pain. Zelensky demanded that accession negotiations begin in June, saying otherwise Europe would be seen as "weak".
6) Former British Prime Minister: It is "very cost-effective" for the United States to fight Russia using Ukraine. The British government announced that it will suspend import duties on more than 100 goods before June 2026. The Central Bank of Argentina lowered its benchmark interest rate to 70%.
7) An Israeli air strike on a residential building in Gaza City killed at least 29 people and injured dozens more. Iranian President Raisi spoke with Hamas leader Haniyeh, expressing condolences over the deaths of his relatives.

8) Japanese Prime Minister Fumio Kishida's cabinet's approval rating hit a new low, falling to 16.6%. A US F-22 fighter jet stationed in Japan experienced a nose gear malfunction and landed on its nose.

 
9) More than 3 million cases of dengue fever have been reported in Brazil since 2024. Floods in many parts of Kazakhstan have forced the relocation of nearly 100,000 people.

 

1) The new "Nine Articles" for the capital market have been issued. Chairman Wu Qing of the China Securities Regulatory Commission: To promote the solution of deep-seated contradictions accumulated in the capital market for a long time. CSRC: The random inspection rate for IPO companies will be increased from 5% to 20%. The CSRC is soliciting public opinions on six institutional rules.
2) Central Bank: New loans in the first quarter totaled 9.46 trillion yuan, social financing increased by 12.93 trillion yuan, 1.61 trillion yuan less than the same period in 2023, and M2 grew by 8.3%.
3) Over 10 trillion yuan, China's goods trade volume in the first quarter hit a record high for the same period. General Administration of Customs: Falling producer prices do not mean so-called overcapacity.
4) The four major banks collectively announced the implementation of the increase in A-share holdings by the Central Huijin Investment Company within half a year.
5) Vanguard Supermarket will recruit over 3,000 college students to promote the "youthfulness" of corporate governance.

6) Yesterday's closing prices:

Shanghai Composite Index: 3019.47/-0.49%

Shenzhen Component Index: 9228.23/-0.78%

ChiNext Index: 1762.88/-1.08%

Hang Seng Index: 16721.69/-2.18%

 

1) On the morning of April 12, members of the organizing committee of the "Exploring the Beauty of China" themed event, representatives of national and Jiangxi provincial online users, some internet big Vs, and well-known bloggers continued the "Exploring the Beauty of Jiangxi, Raocheng She Ethnic Culture" activity. They first visited Lingshan, a national-level scenic area and the 33rd blessed land of Taoism, a sacred site for both Taoism and Buddhism. They also visited Shangrao's famous Qing Shui Old Street.

 
2) The 2024 "Hundred Cities, Thousand Schools, Ten Thousand Enterprises" employment promotion campaign has been launched.
3) The Ministry of Justice and the National Leading Group for Popularizing Legal Knowledge have deployed the 2024 National Security Education Day publicity and education activities.
4) The Tibet Autonomous Region has launched a pilot program for the fourth national cultural relic census.
5) The China Film Festival opened in London on April 11.
6) The Chinese team became the only team to qualify for all events in badminton at the Paris Olympics. To support the Asian Winter Games, Harbin will launch 286 sports events.

 

1) Beijing cracked down on 4 illegal and irregular electric bicycle sales dens, seizing 392 illegal vehicles, involving more than 800,000 yuan, and more than 10 suspects were criminally detained by the public security department.
2) A professional salary fraud gang in Shanghai was involved in more than 35 million yuan, with more than 200 companies victimized, and 178 people have been sentenced.
3) Guangxi Minzu University reported that a dean was hit by a car and died on campus: We are deeply saddened and are urging the police to punish the relevant responsible personnel promptly.

4) On April 12, the 2024 Water Splashing Festival opened in Mangshi, Dehong Dai and Jingpo Autonomous Prefecture, Yunnan Province.

 
5) A giant panda's body was found in a river in Ya'an, Sichuan. Official report: The cause of death is under investigation.

6) Severe convective weather is expected in eastern Northwest China and western Jiangnan, with a strong cold air mass affecting Xinjiang and Inner Mongolia. From 8 pm on April 12 to 8 pm on April 13, light snow or snow mixed with rain is expected in parts of northeastern Inner Mongolia, eastern Xinjiang, southeastern Tibet, and central and eastern Qinghai. Moderate to heavy rain is expected in parts of the Hetao region of Inner Mongolia, central and northern Shaanxi, southern Hubei, central and northern Hunan, central and northern Jiangxi, southeastern Chongqing, and central Fujian.

 

 
1) A study published in the "Chinese Journal of Health Management" points out that whole-body obesity and abdominal obesity are two different types of obesity, but the latter is more likely to cause bone loss. In cases of excessive obesity, weight and bone density are negatively correlated; the greater the weight, the more fragile the bones.
2) In spring, temperatures begin to rise, sunlight increases, and all things begin to grow. Dietary adjustments should consider the characteristics of "spring growth," favoring pungent and sweet foods that promote circulation, such as ginger, scallions, coriander, leeks, sprouts, and shiitake mushrooms.