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Three-minute news briefing for Friday, July 26, 2024

Release time：

2024-07-26

Three-minute news briefing for Friday, July 26, 2024

1) The Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China held a meeting on July 25 to study and deploy flood control, disaster relief, and rescue work, presided over by Xi Jinping.

2) “Open the books” to the public! Various central departments have successively disclosed the departmental budget for 2023. The Organization Department allocated 27 million yuan from the funds managed by the central government to support flood control and disaster relief efforts in Sichuan and Shaanxi.

3) The state has allocated approximately 300 billion yuan in ultra-long-term special treasury bonds to vigorously support large-scale equipment upgrades and the trade-in of consumer goods. The National Development and Reform Commission and the Ministry of Finance issued a notice: supporting the scrapping of operating diesel trucks that meet the National III emission standards and below, and increasing subsidies for the upgrading of new energy buses and power batteries.

4) The National Fire and Rescue Bureau and two other departments jointly deployed a special campaign to rectify the quality and safety of fire products. The State Forestry and Grassland Administration launched a pilot program for the protection of ancient and famous trees.

5) China's atmospheric environment monitoring satellite and terrestrial ecosystem carbon monitoring satellite have been put into use.

6) Typhoon "Gemi," the third typhoon of 2024, landed near the coast of Xiuyu District, Putian City, Fujian Province around 7:50 pm on July 25, with maximum winds of 12 near the center upon landing. The Ministry of Transport raised its typhoon defense response to level two. Anhui Province launched a level IV emergency response to major meteorological disasters (typhoons).

7) [Rule of Law] The Central Commission for Discipline Inspection and the National Supervisory Commission announced: In the first half of 2024, disciplinary inspection and supervision organs across the country punished 332,000 people, including 25 provincial and ministerial-level cadres; 41 provincial and ministerial-level cadres were investigated. Zhu Qiang, former member of the Party group and secretary-general of the People's Government of the Tibet Autonomous Region, is under investigation. Luo Baoming, former vice chairman of the Overseas Chinese Affairs Committee of the 13th National People's Congress, is suspected of serious violations of discipline and law, surrendered himself, and is currently under review and investigation. Previously, Luo Baoming served as the secretary of the Hainan Provincial Committee. Three drug fugitives who had been openly wanted and had fled to northern Myanmar for many years were escorted back to China.

8) [Military] Ministry of National Defense: The Chinese military has never been afraid of evil, ghosts, or pressure; the PLA's actions are not afraid of any reconnaissance or interference; NATO is a "war-sowing machine".

9) [Hong Kong and Macao] Elite athletes from the Hong Kong Education University will compete in the Paris Olympics. The surface evidence of three charges against the Hong Kong rioter Jimmy Lai, including conspiracy to collude with foreign forces, has been established. Hong Kong will highlight its advantage of "connecting the world" at the 24th China International Investment and Trade Fair.

10) [Taiwan] Taiwan's first domestically-made submarine, the "Hai Kun," may undergo sea trials in September. The Ministry of National Defense: No matter how many weapons the DPP authorities build, they are just for show. If the Hai Kun is used for seeking independence, it will sooner or later become a fish in the net of the PLA. Typhoon "Gemi" landed near Nan'ao in Yilan County, Taiwan, and the wind and rain continued to intensify. The typhoon has currently caused 2 deaths and 201 injuries. Taiwan media: Typhoon Gemi caused nearly 540,000 power outages in Taiwan, with more than 92,000 households still awaiting repairs.

1) On July 25, local time, Thongloun Sisoulith, General Secretary of the Lao People's Revolutionary Party and President of Laos, met with Foreign Minister Wang Yi in Vientiane. On July 24, Vice Foreign Minister Ma Zhaoxu met with South Korean Foreign Minister Park Jin in Seoul and held the 10th high-level strategic dialogue between the Chinese and South Korean foreign ministries with South Korean First Vice Foreign Minister Cho Hyun-dong. Italian Prime Minister Giorgia Meloni will visit China from July 27 to 31.

2) The Auditor-General of China presided over the review and adoption of 22 UN audit reports. UN report: About 733 million people were hungry worldwide in 2023, meaning 1 in 11 people did not have enough to eat. Brazilian President: The Global Alliance Against Hunger and Poverty will be established at the G20 Leaders' Summit. The United States strongly criticized Israel's draft law listing the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) as a "terrorist organization".

3) On the evening of July 24, local time, Biden delivered a televised address to the nation from the White House, explaining his reasons for abandoning his re-election campaign, saying that nothing should hinder "saving American democracy," including "personal ambition." Former US President and Republican presidential candidate Trump responded that he was "unintelligible." The White House responded to Biden's failure to visit China during his term: The Biden administration is very cautious in its approach to Sino-US relations, and future high-level mutual visits will continue. At least $240 million in fines! The US Department of Justice and Boeing reached a plea agreement on the 737 MAX.

4) Israeli Prime Minister Netanyahu addressed the US Congress, saying that he would continue military operations and that anyone who attacks Israel would pay a heavy price.

Many people were absent from the congressional speech, and Netanyahu's visit to the US was met with a cold reception.

5) German Chancellor Scholz announced that he will run for re-election in the 2025 election.

6) On July 25, Vietnam held a state funeral for the late General Secretary of the Communist Party of Vietnam, Nguyen Phu Trong.

With youth suicide rates remaining high, South Korea is mandating suicide prevention education.

7) The Yemeni government and the Houthis reached an agreement, which Saudi Arabia welcomed. Turkey arrested 72 suspects linked to the Islamic State.

8) A Russian helicopter crashed in Kaluga Oblast, killing the crew. An immigrant boat capsized off the coast of Mauritania's capital, killing at least 15 people and leaving many others missing.

1) On July 25, the six major banks across China comprehensively lowered deposit interest rates, with the five-year rate dropping to 1.8%. This means that the interest on a 1 million yuan deposit for 5 years will be 10,000 yuan less.

2) The window for the new round of refined oil price adjustments opened at 24:00 on July 25. Domestic gasoline and diesel prices were reduced by 145 yuan and 140 yuan per ton, respectively, saving 5.5 yuan per tank of gas. Chinese automakers are accelerating the research and development of in-vehicle interaction to enhance the driving experience.

3) The Science and Technology Innovation Board index is "updated," with two new indices for medical and artificial intelligence officially launched.

4) In the first half of the year, China's non-financial direct investment abroad increased by 16.6% year-on-year.

5) The annual output value of the entire industrial chain of Fuling Pickled Vegetables in Chongqing has exceeded 14 billion yuan.

6) Yesterday's closing prices:

Shanghai Composite Index: 2886.74/-0.52%

Shenzhen Component Index: 8474.70/-0.22%

ChiNext Index: 1644.45/-0.39%

Hang Seng Index: 17004.97/-1.77%

1) The 12th "Charm of Light" National Nuclear Science Popularization Summer Camp opened in Xiamen.

2) The Education Ministry's Center for International Education Exchange: Strengthened review of the authentication of educational degrees from 13 foreign institutions, including the Philippine Christian University. Many universities have decided to extend the duration of their graduate programs.

3) The second national outstanding musical "Lazini Bayika" had its premiere in Tashkurgan Tajik Autonomous County, Xinjiang.

4) Yan Shanchun, a renowned animation artist and first-class director, passed away due to illness at the age of 90. He participated in the creation of numerous films, including "Havoc in Heaven" and "Nezha Conquers the Dragon King," and independently or collaboratively directed more than ten animated films such as "The Adventures of the Sloppy King".

5) The Chinese sports delegation refutes rumors such as "bringing their own air-conditioned mattresses": The Olympic Village provides mobile air conditioning rental services, and the delegation will consider renting based on weather conditions. The Beijing Olympics backpack reappears in Paris, foreign reporters: Used for 16 years, the strongest backpack in history.

6) Oriental Selection: Host Dong Yuhui leaves the company.

1) Beijing experiences heavy rainfall, more than 6,400 households, approximately 20,000 people, have been relocated. Beijing: Strict management and legal penalties will be implemented for bicycle racing.

2) Shanghai establishes a comprehensive trial court for minors and family cases to protect the rights and interests of minors. Starting this Saturday, luggage storage will be available at 12 Shanghai metro stations. It will be free for 8 hours during the trial period.

3) One cadre in Heishui County, Sichuan Province, went missing during mountain torrent and debris flow rescue efforts. A sudden debris flow disaster occurred in Linjiang, Jilin Province, resulting in two missing persons. Water-based and underwater search and rescue operations are being conducted simultaneously for the collapsed bridge disaster on the Zhashui Expressway in Shaanxi Province.

4) A civilian helicopter crashed in Bajiu Town, Binhai County, Yancheng City, Jiangsu Province, resulting in one death and one injury. Eyewitnesses: It landed next to a supermarket, fortunately not hitting any residents. Hohhot reports on "unlicensed tour guides charging for parking": A total fine of 90,000 yuan is planned, and special rectification efforts will continue.

5) Typhoon "Gemi" made landfall in the central coastal areas of Fujian Province, with heavy rainfall in Zhejiang, Fujian, and Jiangxi provinces. From 8 pm on July 25th to 8 pm on July 26th, most of Taiwan Island, southern and eastern Zhejiang, eastern Guangdong, and eastern Jiangxi experienced heavy to torrential rain, with extremely heavy rainfall in southwestern Taiwan Island, northeastern coastal Fujian, and southeastern coastal Zhejiang.

1) Sweating a lot in summer? Eat potatoes to replenish potassium. The best cooking methods for potatoes are: steaming, baking, and boiling. These methods result in relatively less nutrient loss, and the calories from the carbohydrates in potatoes are also kept to a minimum.

2) Traditional Chinese medicine believes that duck eggs are cool in nature, sweet in taste, and belong to the lung and stomach meridians. They have the effects of nourishing yin, clearing heat, promoting body fluid production, and benefiting the stomach. Duck egg custard is easy to make: Whisk the duck eggs in a bowl, add an appropriate amount of water, a few drops of sesame oil and salt, and steam in a steamer for 15-20 minutes. Serve warm.

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