024-07-03 06:5
July 8, 2024
Quick facts
■ Xinhua News Agency reported on July 5 that on the afternoon of July 5, a breach occurred in the first-line embankment of Tuanzhou Dongting Lake in Tuanzhou Township, Tuanzhou Township, Huarong County, Yueyang City, Hunan Province, causing the area to be flooded, and all the local affected people have been safely evacuated. After the dangerous situation occurred, Xi Jinping, general secretary of the CPC Central Committee, state president, and chairman of the Central Military Commission, who was visiting abroad, attached great importance to it and gave important instructions that the first-line embankment of Tuanzhouyuan Dongting Lake in Huarong County, Yueyang City, Hunan Province, should be promptly transferred and properly resettled for the people in the threatened areas, and the people in the threatened areas should be promptly transferred and properly resettled, and the emergency rescue work should be carried out with all efforts to effectively protect the safety of the people's lives and property.
■ On the afternoon of July 6, President Xi Jinping returned to Beijing by special plane after attending the 24th Meeting of the Council of Heads of State of the Shanghai Cooperation Organization (SCO) and visiting Kazakhstan and Tajikistan. Cai Qi, Wang Yi and other entourages returned on the same plane.
■ On July 7, Premier Li Qiang called Keir Starmer to congratulate him on his appointment as Prime Minister of the United Kingdom.
■ Premier Li Qiang of the State Council presided over an executive meeting of the State Council on July 5 to study and deploy the work related to promoting the high-quality development of the digital economy, deliberated and approved the "Implementation Plan for Supporting the Development of Innovative Drugs in the Whole Chain", discussed the further promotion of the development of the western region, studied the policies and measures to support the high-quality development of Tianjin Binhai New Area, and listened to the report on the implementation of the central budget in 2023 and the main problems identified in the audit of other financial revenues and expenditures and the preliminary rectification.
Recently, the Organization Department of the Central Committee of the Communist Party of China issued the "Notice on Giving Full Play to the Role of Grassroots Party Organizations as a Fighting Fortress and the Vanguard and Exemplary Role of the Majority of Party Members in Flood Prevention and Disaster Relief".
■ The ceremony to commemorate the 87th anniversary of the outbreak of the National War of Resistance Against Japanese Aggression was held at the Memorial Hall of the Chinese War of Resistance Against Japanese Aggression on the morning of July 7. Yin Li, member of the Political Bureau of the CPC Central Committee and secretary of the Beijing Municipal Party Committee, presided over the commemorative ceremony.
■ The Financial Times reporter learned from the Ministry of Finance that in order to resolutely implement the spirit of General Secretary Xi Jinping's important instructions on July 5, the Ministry of Finance and the Ministry of Emergency Management urgently allocated 540 million yuan of central natural disaster relief funds to support Hunan and other places to do a good job in flood relief, geological disasters and forest fire relief.
■ The National Development and Reform Commission revealed on July 6 that the National Development and Reform Commission has allocated 200 million yuan of investment from the central budget to support the emergency recovery of damaged schools, hospitals, water conservancy and flood control facilities in the disaster-stricken areas of Hunan (including Yueyang, Huarong County and Pingjiang County) and Jiangxi, and promote the restoration of normal production and life order in the disaster-stricken areas as soon as possible.
Economics and Finance
■ From July 3rd to 4th, Li Yunze, Secretary of the Party Committee and Director of the State Administration of Financial Regulation, led a team to Jiangsu for investigation, focusing on improving the quality and efficiency of serving the real economy, implementing the coordination mechanism of urban real estate financing, and strengthening the coordination of central and local supervision.
■ Recently, Wu Qing, Secretary of the Party Committee and Chairman of the China Securities Regulatory Commission, held a symposium on the "Five Major Articles" of the capital market to do a good job in finance, and had in-depth exchanges with representatives of enterprises, institutions, experts and scholars in the fields of science and technology finance, green finance, inclusive finance, pension finance, digital finance and other fields, and fully listened to opinions and suggestions. 【Details】
■ On July 5, the General Office of the State Council forwarded the Opinions of the China Securities Regulatory Commission, the Ministry of Public Security, the Ministry of Finance, the People's Bank of China, the State Administration of Financial Supervision and the State-owned Assets Supervision and Administration Commission of the State Council on Further Improving the Comprehensive Punishment and Prevention of Financial Fraud in the Capital Market. 【Details】
■ On July 5, it was reported that the People's Bank of China had signed bond borrowing agreements with several major financial institutions. After verification by the Financial Times reporter, the People's Bank of China confirmed that the information was true. At present, the financial institutions that have signed agreements have hundreds of billions of yuan of medium- and long-term treasury bonds available for lending, and will borrow treasury bonds in an indefinite term and credit mode, and will continue to borrow and sell treasury bonds depending on the operation of the bond market.
■ On July 5, the China Securities Regulatory Commission (CSRC) issued a notice on soliciting public opinions on the Administrative Provisions on Information Disclosure and Information Submission of Private Investment Funds (Consultation Draft).
■ Statistics released by the State Administration of Foreign Exchange on July 7 showed that as of the end of June 2024, the size of the mainland's foreign exchange reserves was US$3,222.4 billion, down US$9.7 billion, or 0.30%, from the end of May. 【Details】
■ Recently, the State Administration of Foreign Exchange (SAFE) has newly opened the online handling function for some capital account administrative licensing business. The new online handling function involves 4 matters, a total of 11 sub-items and 37 business handling items, including the registration of foreign debt borrowing by non-bank debtors and the foreign exchange registration of banks' overseas direct investment, etc., all of which are frequently handled by business entities.
■ On July 5, the Hubei Branch of the People's Bank of China announced a number of administrative punishment decisions, among which the Wuhan Branch of Huaxia Bank Co., Ltd. was fined 835,000 yuan for three illegal acts.
■ According to the news on the website of the China Securities Regulatory Commission on July 5, recently, the China Securities Regulatory Commission has imposed administrative penalties and prior notices on five listed companies for financial fraud, major shareholders occupying funds and other information disclosure violations based on the circumstances of the violation and the degree of responsibility.
■ On July 5, the Shanghai Stock Exchange held a special training on the "Eight Articles of the Science and Technology Innovation Board" for integrated circuit companies, and more than 80 chairmen and general managers of nearly 50 integrated circuit companies participated in the meeting.
■ On July 5, the board of directors of Bank of Communications announced that Hao Cheng had submitted a written report to the company's board of directors due to work adjustments, resigning as vice president of the company, and his resignation would take effect on July 5, 2024. At present, Hao Cheng has taken up the new position of Everbright Group. According to the information on the official website of Everbright Group, Hao Cheng is currently a member of the Party Committee of Everbright Group and concurrently the Secretary of the Party Committee of Everbright Bank.
■ On July 5, the website of the Central Commission for Discipline Inspection and the State Supervision Commission announced that according to the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the State Supervision Commission in the State Financial Supervision and Administration and the Heilongjiang Provincial Commission for Discipline Inspection and Supervision: Liu Feng, former deputy secretary and secretary general of the Party Committee of the China Banking Association, is suspected of serious violations of discipline and law, and is currently undergoing disciplinary review by the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the State Supervision Commission in the State Financial Supervision and Administration and the supervision and investigation of the Supervision Commission of Jiamusi City, Heilongjiang Province.
Social hotspots
■ On the afternoon of July 7, at the press conference on the handling of the danger of Tuanzhou Dam in Huarong County, Yueyang, Hunan Province, it was revealed that up to now, the embankment has been blocked for more than 80 meters. It is expected to be completed by 12 o'clock on July 9. As of 17:00 on July 7, 91.5 meters of Tuanzhou Dam has been blocked.
■ As of 19:25 on July 7, the total box office (including pre-sale) of the 2024 summer season (June-August) exceeded 3 billion! "There is a Commissary in the Clouds", "Silent Killing" and "Mind Agent Team 2" are temporarily among the top three in the box office list.
■ On July 5, local time, Hideo Shimizu, a member of the "Youth Team" of Unit 731 of the Japanese Invasion of China, held a press conference at the Peace Memorial Hall in Iida City, Nagano Prefecture. He said that he was very eager to go to China to confess and apologize to the victims of the war.
International dynamics
■ On July 6, the SCO Secretariat held a flag-raising ceremony for Belarus in Beijing to welcome the 10th full member state of the SCO.
■ According to Xinhua News Agency, statistics released on the evening of July 5 local time on the website of the "Gun Violence Archive" in the United States show that on the day of the "Independence Day" of the United States on the 4th, a total of 128 verified gun violence incidents occurred in the United States, resulting in 58 deaths and 133 injuries.
Editor: Liu Nengjing E-mail: [email protected]
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