Three-minute news briefing for Tuesday, April 23, 2024

Release time：

2024-04-23

Three-minute news briefing for Tuesday, April 23, 2024

1) On the afternoon of April 22, the State Council held its seventh thematic study session on "Further deepening capital market reforms and promoting the steady and healthy development of the capital market." Premier Li Qiang pointed out the need to focus on improving the quality of listed companies, strictly controlling the entry standards for issuance and listing, encouraging listed companies to enhance their awareness of returning value to investors, and improving investment value.

2) The General Offices of the CPC Central Committee and the State Council issued the "Opinions on Improving the Volunteer Service System in the New Era." The Organization Department of the CPC Central Committee and the Ministry of Agriculture and Rural Affairs jointly held a training class for the first secretaries dispatched to villages by central and state organs and other units.

3) The State Flood Control and Drought Relief Headquarters Office and the Ministry of Emergency Management continued to coordinate and deploy flood prevention and disaster relief work in key areas of South China and the Yangtze River Delta, and began preparations for responding to the next round of heavy rainfall. The State Flood Control and Drought Relief Headquarters Office and two other departments urgently allocated 15,000 pieces of central disaster relief materials to support Guangdong in its flood prevention and disaster relief efforts.

4) In the first three months, China's water conservancy construction investment reached a record high of 193.3 billion yuan. China has registered the natural resources of nearly 100 key areas, and the ecological restoration area of the "Mountains and Rivers Project" has exceeded 100 million mu.

5) The Ministry of Public Security has received 663 suggestions and proposals from national people's congress deputies and CPPCC members for the 2024 National Two Sessions, which have been submitted to 22 bureau-level units of the ministry for handling.

6) Liu Suzhen, a survivor of the Nanjing Massacre, passed away on April 21 at the age of 93. Only 35 registered survivors remain.

7) [Rule of Law] In 2023, Chinese courts newly accepted more than 540,000 intellectual property cases. Han Yong, former vice chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) Population, Resources and Environment Committee and former Party secretary and chairman of the Shaanxi Provincial Committee of the CPPCC, was expelled from the Party for serious violations of discipline and law. Ling Chengxing, former director of the State Tobacco Monopoly Administration and former general manager of China National Tobacco Corporation, was expelled from the Party for serious violations of discipline and law. Zhang Xiulong, former vice chairman of the Guangxi Zhuang Autonomous Region People's Congress Standing Committee, was expelled from the Party for serious violations of discipline and law. Wang Junshi, former vice chairman of the Linyi Municipal People's Congress Standing Committee in Shandong Province, was sentenced to thirteen years and six months in prison and fined 3.4 million yuan in a first-instance verdict for bribery.

8) [Military] The 19th annual meeting of the Western Pacific Naval Symposium opened in Qingdao, Shandong Province on April 22. Zhang Youxia, vice chairman of the Central Military Commission, attended and delivered a speech. US military representatives in Qingdao expressed amazement at China's Red Flag cars. China's Ministry of National Defense expressed condolences and sympathy for the death of the commander of the Kenyan Defense Forces and others. Why didn't the Philippines attend the Western Pacific Forum hosted by the Chinese Navy? A Chinese naval expert responded: China has extended invitations to all member states and observer states of the forum, and is not aware of the specific reasons for the Philippines' absence. The first submarine-themed promotional video of the People's Navy was released.

9) [Hong Kong and Macao] Li Hongzhong, vice chairman of the Standing Committee of the National People's Congress, attended and addressed the opening ceremony of the 6th Ministerial Conference of the China-Portuguese Speaking Countries Economic and Trade Cooperation Forum (Macao) in Macao on April 22. Shen Yiqin, chairwoman of the All-China Women's Federation, met with a delegation of Hong Kong and Macao executive committee members and specially invited representatives of the Women's Federation system in Beijing and held talks with them. Hong Kong officials: The SAR government is committed to enabling citizens to fully understand the Constitution, the Basic Law of Hong Kong, and the Hong Kong National Security Law. Hong Kong established a Baijiu Association, hoping to promote Chinese Baijiu techniques and culture.

10) [Taiwan] Hong Xiu-chu visited an exhibition of achievements by Taiwanese youth who have started businesses in Shenzhen: There are many development opportunities in the mainland. A magnitude 5.3 earthquake occurred in the waters off Hualien County, Taiwan at 5:08 pm on April 22, with a focal depth of 10 kilometers. Earthquakes are frequent in Hualien, and Taiwan's meteorological department judges them to be aftershocks.

1) The seventh meeting of the China-Cambodia Intergovernmental Coordination Committee was held, and both sides comprehensively reviewed the implementation of the new version of the Action Plan for Building a China-Cambodia Community of Shared Future. US Secretary of State Blinken will visit China from April 24 to 26. Malaysian Foreign Minister Muhammad will visit China from April 23 to 25. The Ministry of Foreign Affairs responded to Japan's so-called spring festival at the Yasukuni Shrine: urging Japan to face up to and reflect on its history of aggression.

2) The UN Women's agency called for an immediate ceasefire in the Gaza Strip: Of the more than 10,000 women killed in the Gaza Strip, an estimated 6,000 were mothers, whose deaths left about 19,000 children orphaned. The US claims that Chinese steel and aluminum products are indirectly exported to the US through third countries. Mexican Economy Minister: There is no China-US-Mexico steel and aluminum "triangle trade" in Mexico.

3) The 2024 US-Philippines "Balikatan" joint military exercises began amid protests. Less than a month after a price increase, Tesla electric vehicles have been significantly reduced globally. Musk responded to frequent price adjustments: Only fools think that the suggested retail price is the actual selling price.

4) The Russian Foreign Ministry: The United States does not expect Ukraine to win, it only wants the Ukrainian army to hold out until the US election to avoid damaging Biden's image.

5) Intimidating Europe? Israeli President: Europe must wake up quickly to deal with Iran, otherwise it may pay the price. The Israeli Prime Minister said that military pressure on Hamas will be increased. The head of the Israeli Defense Forces Military Intelligence Directorate resigned.

6) The approval rating of the Kishida Fumio cabinet is 25%, remaining in "dangerous waters" for six consecutive months. The ruling party of the Maldivian president won the parliamentary elections.

7) Syrian President Assad: Although isolated by the West, Syria "occasionally" talks to the United States; the United States profits first and then watches from the sidelines in any conflict. Syrian media: The US military once again transported stolen oil and wheat to Iraq.

8) A man in the Netherlands died 613 days after testing positive for COVID-19.

1) Ministry of Finance: Revenue from securities transaction stamp tax in the first quarter fell 49.1% year-on-year; according to project allocation, the issuance of ultra-long-term special government bonds will be launched in a timely manner; 3 billion yuan will be allocated to support pilot cities in "intelligent transformation, digital transformation, and network connection".

2) The People's Bank of China (PBOC) released the "Implementation Rules of the Supervision and Administration Regulations for Non-bank Payment Institutions (Draft for Comments)". PBOC: The loan prime rate (LPR) quotations for April 2024 were released: both the 1-year and 5-year terms remained unchanged.

3) China's additional issuance of government bonds for water conservancy projects completed an investment of 76.75 billion yuan.

4) 1128 companies achieved a net profit of 3.67 trillion yuan, and Shanghai-listed companies continued to consolidate their investment value by strengthening their foundations.

5) Yesterday's closing prices:

Shanghai Composite Index: 3044.60/-0.67%

Shenzhen Component Index: 9239.14/-0.43%

ChiNext Index: 1750.46/-0.32%

Hang Seng Index 16511.69/+1.77%

1) The Ministry of Education issued a document outlining regulations on the responsibility system, working principles, and management requirements for the graded and classified management of university laboratory safety.

2) Integrating pictures, texts, audio, video, and scores, "China's Ethnic Minority Folk Music and Dance" was launched in Beijing.

3) Diving World Cup Finals: China wins eight gold medals. World Anti-Doping Agency: Remains firmly supportive of the scientific investigation results of Chinese swimmers.

4) The 2024 Macao International Table Tennis Federation Men's and Women's World Cups concluded, with Ma Long and Sun Yingsha winning the men's and women's championships respectively.

1) Beijing's Rocket Street is expected to start construction in April, aiming to build a shared manufacturing factory to solve common technological problems.

2) Nearly 10,000 tons of corn disappeared from a grain depot in Hebei Province over two years, and the suspects have been prosecuted.

3) Guangdong Provincial Fire and Rescue Corps: The fire and rescue team has rescued and evacuated 1534 trapped people.

4) Jilin: In 2023, it strives to be the first to build all basic farmland into high-standard farmland, and to revitalize Jilin's state-owned enterprises within 2 to 3 years.

5) Guilin's low-price tour investigation concluded: Heavy fines, revocation of business licenses, suspension of operations, and transfer to the public security authorities. Shandong Meteorological Bureau issues the latest forecast for severe convective weather and sea wind warnings.

6) Heavy rainfall and severe convection in southern Jiangsu and southern China. From 8 PM on April 22 to 8 PM on April 23, moderate to heavy rain is expected in parts of southeastern Inner Mongolia, western Liaoning, southeastern Tibet, eastern Beijing, Tianjin, northeastern Hebei, central and northern Zhejiang, southern Jiangxi, eastern and southern Fujian, southeastern Sichuan Basin, most of Guangxi, most of Guangdong, and western Taiwan Island.

1) Eat some "sun-protective" foods. Some foods help combat photo-oxidation damage and reduce inflammation, such as tomatoes, watermelon, kiwi fruit, grapes, sweet potatoes, loofah, avocados, and other fruits and vegetables, as well as barley, cashews, walnuts, and fish.

2) Potassium ions can appropriately promote the excretion of uric acid. Potassium-rich foods mainly include bananas, potatoes, and mushrooms. It is recommended to consider the intake of these foods in your daily diet to promote uric acid excretion.

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