Three-minute news breakfast on Thursday, August 29, 2024

1) From August 27th to 28th, Wang Yi held a new round of strategic communication with Jake Sullivan, the US President's National Security Advisor, in Beijing, conducting candid, substantive, and constructive discussions.

2) Four ministries including the Ministry of Transport: Further improve the work of scrapping and updating old commercial vehicles, with funds generally shared by the central and local governments according to the principle of 9:1. Ministry of Transport: 1.01 billion online car-hailing orders in July, a month-on-month increase of 4.3%.

3) National summer grain acquisition exceeded 60 million tons, at a relatively high level in recent years.

4) The 2024 Digital China Summit's "revitalization" attracted more than 400 companies to participate in the exhibition. The State Data Bureau systematically lays out the cultivation and development of the data industry from three aspects.

7) [Rule of Law] The Supreme People's Procuratorate decided to arrest Wang Yilin, former chairman of China National Petroleum Corporation. Wang Yilin received bribes totaling over 148 million yuan. Dong Yunhu, former director of the Shanghai Municipal People's Congress Standing Committee, was sentenced to life imprisonment in the first instance. The case of Du Zhaocai, former vice-director of the General Administration of Sport, went to trial. Illegal gains all exceeded 100 million yuan! The Economic Investigation Bureau of the Ministry of Public Security disclosed two cases of "market manipulation." Jiang Chengjun, deputy general manager of Haitong Securities, suspected of serious duty-related crimes, was repatriated to China. A woman in Qingdao was sentenced to six months in prison for defaming a single mother to attract traffic for live streaming, leading to cyberbullying that caused the mother to attempt suicide by cutting her wrists; her daughter also suffered severe depression.

8) [Military] China's 14th batch of peacekeeping engineering troops to South Sudan ( Wau) passed the United Nations' third-quarter equipment inspection.

9) [Hong Kong and Macau] Cen Haohui, former chief justice of the Court of Final Appeal of the Macao Special Administrative Region, announced his official candidacy for the sixth chief executive of the Macao Special Administrative Region.

10) [Taiwan] In July, Taiwan's economic outlook indicator changed from red to red-yellow. The cost of Taiwanese pastries has risen, and Taiwanese media say that people may be facing the "most expensive Mid-Autumn Festival."

1) Chinese military aircraft intruded into Japanese airspace? The Ministry of Foreign Affairs responded: China and Japan are maintaining communication on this matter. Chinese military aircraft have no intention of intruding into the airspace of any country.

4) Russia launched large-scale strikes against Ukraine for two consecutive days. Russian media: "Black Monday" is just the beginning. Ukraine announced the successful test launch of its first domestically produced ballistic missile. Ukraine will introduce US reactors to continue the construction of a stalled nuclear power plant from the Soviet era.

2) The "withdrawal of funds order" shows its power, with more than 10 central and state-owned enterprises divesting financial assets in three months.

3) Some financial institutions are conducting internal self-inspections of deposit products with interest rates of 3.6% or higher.

4) China Academy of Information and Communications Technology: Domestic mobile phone shipments in July were 24.204 million units, a year-on-year increase of 30.5%.

5) Meituan released its Q2 2024 financial report: Revenue of 82.25 billion yuan. Li Auto released its Q2 2024 financial report: Revenue of 31.7 billion yuan. BYD: Net profit in the first half of the year was 13.631 billion yuan, a year-on-year increase of 24.44%.

2) Citizens suggest that marriage certificates should indicate the lunar date. Jiangsu Provincial Civil Affairs Department: Will reflect this to the Ministry of Civil Affairs.

3) The "National Individual Industrial and Commercial Households Development Network" officially went online.

4) The Huju opera "Chen Yi in Shanghai" was staged at the National Centre for the Performing Arts.

1) Beijing Zhongguancun Comprehensive Bonded Zone officially launched. A subsidy of 20,000 yuan is provided for the scrapping and updating of personal passenger vehicles in Beijing to purchase new energy passenger vehicles. Huairou District, Beijing: The urban framework of "gardens from afar, homes up close" has taken shape. More than half of Beijing's "Double Ten Project" for traffic management has been completed, with a 60% decrease in congestion alarms. Low, slow, and small aircraft are banned in Beijing from September 2nd to 6th.

2) Shanghai Consumer Council: Map apps become a hotbed for "black home appliance repair" chaos. Shanghai CDC: The city has sufficient influenza vaccine reserves; Sanofi's influenza vaccine has been suspended.

3) Hangzhou releases an updated dynamic plan for ecological environmental zoning and control. Jiangsu: The city's "power bank" grid-type energy storage power station achieves independent power supply for the first time.

4) Facing a peak in student passenger flow at the end of summer vacation, the Guangzhou Railway Group adds more than 900 trains.

5) To accelerate the construction of urban underground pipe networks, Henan receives 5.236 billion yuan in national debt funding support.