BLOG

Focus On Hongyang Plush, Understand Industry News

March 4, 2025 (Tuesday) Three-Minute News Breakfast

Release time：

2025-03-04

March 4, 2025 (Tuesday) Three-Minute News Breakfast

1) The third session of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) will open at 3 pm on March 4 in the Great Hall of the People in Beijing and conclude on the morning of March 10, lasting 6 days.

2) Previewing the highlights of the 2025 National People's Congress and CPPCC from six keywords: 1. Completion of the 14th Five-Year Plan; 2. Boosting consumption; 3. AI+; 4. Entry of medium- and long-term funds into the market; 5. Private economy; 6. Anti-involution.

3) [Voices from the Two Sessions] NPC deputy Shi Bingqi: Suggests that local governments set an upper limit for betrothal gifts. NPC deputy Chen Wei: Suggests that all smartphones be pre-installed with a nationally unified emergency rescue APP. CPPCC member Jin Li: Suggests increasing the tax deduction amount and rate for elderly care.

4) The Shenzhou 20 and 21 astronaut crews have been selected and are currently undergoing training. China's crewed lunar exploration mission is progressing steadily, and major flight products will focus on conducting various large-scale prototype tests. Official "spoiler"! The State Intellectual Property Office has approved three special logos for space missions.

5) Over 98% of the 102 major projects under the 14th Five-Year Plan have achieved their planned goals. Two oilfields born! China's eastern region has added 180 million tons of shale oil reserves.

6) China implements the river chief system in 110 large-scale water diversion projects.

7) [Rule of Law] The Supreme People's Court released the first batch of ten typical cases of administrative litigation involving market access. Public security organs have achieved significant results in cracking down on and punishing fraud crimes related to the unfreezing of ethnic assets. Yang Fasen, former member of the Standing Committee of the Qinghai Provincial Committee and former secretary of the Political and Legal Committee, was "double-opened" for serious disciplinary and law violations. Huang He, former deputy director-level investigator of the Xinjiang Uygur Autonomous Region Public Security Department, is under disciplinary review and supervisory investigation.

8) [Military] Representatives from the Chinese Air Force visited Havana to visit representatives of Cuban flight students who had received training in China.

9) [Hong Kong and Macau] "Ne Zha" tops the box office chart for mainland films in Hong Kong and Macau.

The eighth Legislative Assembly election of the Macao Special Administrative Region will be held on September 14.

10) [Taiwan] Island's "malicious strike" groups are suspected of illegal fundraising, the Kuomintang calls for a thorough investigation by the procuratorate. Taiwan media: The former chairman of the People's Party, Ke Wenzhe, suffered a sprain, and his wife wanted to send him medicinal plaster but was refused by the detention center.

1) President Xi Jinping's special envoy and Minister of Agriculture and Rural Affairs Han Jun attended the inauguration ceremony of the new president of Uruguay. The Ministry of Foreign Affairs commented on the trade war: Putting out other people's lights will not make oneself brighter. Cambodian King Sihamoni and Queen Mother Moninelie visited China on March 3. The third Chain Expo promotion meeting was held in Osaka.

2) A ministerial-level coordination meeting on jointly combating transnational telecom network fraud crimes between China, Myanmar, and Thailand was held in Bangkok, Thailand. Recently, more than 620 Chinese suspects involved in fraud crimes in Myawaddy, Myanmar, were successfully repatriated. Leaders from multiple countries announced their support for Ukraine's four-step plan at the London summit. France and the UK proposed a one-month partial ceasefire between Russia and Ukraine, and Zelensky said he was aware of it. UN Secretary-General Guterres called for the immediate resumption of humanitarian aid to Gaza.

3) US media: The Trump administration discussed "cutting off supplies" to Ukraine on the 3rd. US officials: The US needs a Ukrainian leader who can end the conflict. The US has suspended cyberattacks and plans against Russia. US Secretary of Commerce: Tariffs will be imposed on Canada and Mexico on March 4, and the tariff level will be decided by Trump. "Sell Tesla stock, sell Tesla cars!" Anti-Musk protests erupted across the US, wiping out $2.6 trillion from Tesla's market value.

4) The Russian Foreign Minister said that some European countries hope that the Russia-Ukraine conflict will continue.

5) Ukrainian President Zelensky released a new video, saying that the bottom line that must be achieved and the red line that cannot be compromised will be submitted to the United States.

In an interview, he said he would resign if Ukraine could join NATO. He also said he was willing to return to the White House for further talks and sign a US-Ukraine mineral agreement.

6) Tajikistan's ruling party won the lower house parliamentary elections. Iran's vice president submitted his resignation due to issues of legitimacy of appointment.

7) A vehicle-ramming incident in Germany injured multiple people. A shooting incident occurred in Haifa, northern Israel, resulting in one death and four injuries, suspected to be a terrorist attack.

8) South Korean poll: Lee Jae-myung becomes the most popular candidate for the next South Korean presidential election. Japan will release 150,000 tons of government-reserved rice to the market this month. Wildfires continue in Iwate Prefecture, Japan, with the burned area reaching 2,100 hectares.

9) The romantic comedy "Anora" swept five awards, including Best Picture, becoming the biggest winner at the 2025 Oscars.

1) The State-owned Assets Supervision and Administration Commission of the State Council issued rules to further regulate the transaction behavior of state-owned assets of enterprises. The State Taxation Administration: Precisely reducing the burden and empowering specialized and new "small giant" enterprises.

2) The State Administration for Market Regulation announced the list of experts for the supervision and inspection of testing and inspection institutions.

3) Ministry of Housing and Urban-Rural Development: Further improve the construction level of urban barrier-free facilities.

4) In the first two months, the nationwide trade-in of electric bicycles exceeded 1 million.

5) Coal "cools down", the lowest point in four years! The Coal Association calls for controlling production.

6) Liu Qiangdong won a large order from Xiaomi Automobile, and the Xiaomi Automobile JD official flagship store officially opened.

7) Yesterday's closing price:

Shanghai Composite Index 3316.93/-0.12%

Shenzhen Component Index 10649.59/+0.36%

ChiNext 2196.52/+1.20%

Hang Seng Index 23006.27/+0.28%

1) The theme culture logo for volunteer services for the 15th National Games and the Paralympic Games was released.

2) The population of flagship species of wild animals and plants in China continues to grow, and the wild populations of giant pandas, snow leopards, and other species continue to grow.

3) "Ne Zha 2" becomes the first Asian film to break the $2 billion box office mark.

4) More than 5.2 million people in China have registered as science and technology volunteers.

5) The North team won the 2025 CBA All-Star Game, and Zou Yuchen won the MVP.

1) Beijing simplifies company registration procedures for foreign nationals entering the country visa-free.

2) The first tunnel exceeding 3000 meters of the Xiongxin High-speed Railway is successfully completed.

3) Aiming at AI+hardware applications, Shenzhen has launched two action plans in one day, including integrated machines, chips, and dexterous hands.

4) The key supporting project "Longdian into Lu", the Qingyang North 750 kV power transmission and transformation project, is successfully put into operation.

5) Harbin's ice and snow season has received over 90 million tourists, a year-on-year increase of 9.7%. Shandong continues to issue snow and ice warnings.

6) Post-disaster reconstruction work for the entire village affected by the Dingri earthquake in Tibet has begun.

7) From 8 PM on March 3rd to 8 PM on March 4th, light to moderate snow or sleet is expected in parts of the Ili River Valley and the western mountainous areas of southern Xinjiang, northern and southeastern Tibet, central and northern Inner Mongolia, the Yellow River and Huaihe River basins, and western parts of the Yangtze River and Huaihe River basins. Heavy snow is expected in parts of southern Shandong and northwestern Anhui. Light to moderate rain, with local heavy to torrential rain, is expected in parts of eastern Southwest China, Jianghan, eastern Yangtze River and Huaihe River basins, Jiangnan, and South China.

1) Spring is the season for eating garland chrysanthemum, a healthy and appetizing vegetable. Both the stems and leaves are eaten, tender and delicious, with a unique aroma that aids digestion. It is recommended to stir-fry garland chrysanthemum over high heat or use it in hot pot.

2) Spinach is rich in dietary fiber, which promotes intestinal motility. It is low in calories and a significant source of lutein, beneficial in preventing age-related macular degeneration.

Let us help you.