Category: Flash News

On March 24th, local time, the Egyptian Ministry of Foreign Affairs hosted a meeting of the Arab Islamic Ministerial Committee in Cairo. The meeting focused on discussing the situation in the Gaza Strip and the reconstruction plan for Gaza. All parties present unanimously reiterated that Gaza is an inseparable part of the occupied Palestinian territory. All parties also reiterated the vision of resolving the Israeli Palestinian issue through a “two-state solution” in accordance with international law and relevant Security Council resolutions. All parties emphasized that this vision must guide discussions on the future of the Gaza Strip.

On March 24th, the General Office of the Guangdong Provincial Party Committee and the General Office of the Guangdong Provincial People’s Government recently issued the “Several Measures to Promote the High quality Development of the Tourism Industry and Accelerate the Construction of a Strong Tourism Province”, which mentioned strengthening key backbone cultural and tourism enterprises. Support state-owned key cultural and tourism enterprises to deepen reforms, strengthen their main cultural and tourism businesses, and create several tourism groups with strong brand influence and outstanding international business capabilities. Coordinate and allocate special funds for the construction of a culturally strong province, guide key enterprises to develop and grow, and cultivate a group of innovative tourism “unicorns” and “hidden champions” enterprises. Support high-quality tourism enterprises within the province to participate in the upgrading, transformation, and operation of national 5A level tourist attractions and national level tourist resorts, and strengthen cooperation with well-known domestic and foreign tourism groups through joint ventures, equity participation, and other means. Encourage strong technology, transportation and other enterprises to expand their presence in the tourism industry across borders.

On March 24th, the General Office of the Guangdong Provincial Party Committee and the General Office of the Guangdong Provincial People’s Government recently issued the “Several Measures to Promote the High quality Development of the Tourism Industry and Accelerate the Construction of a Strong Tourism Province”, which mentioned the implementation of the “Double Hundred” Plan for 100 major cultural and tourism investment projects under construction and 100 key investment projects, striving to receive over 950 million tourists annually in the province by 2027, with a total tourism revenue exceeding 1.3 trillion yuan, a more abundant supply of tourism products, a prominent role in empowering new quality productivity, and the basic formation of a modern tourism industry system. By 2030, the comprehensive functions of the tourism industry will be fully utilized, and the overall strength and competitiveness will be significantly improved. All major indicators will rank among the top in the country, and a high-level tourism province will be built.

On March 24th, it was reported that since 2025, the REITs market has performed strongly, with 62 out of 63 listed REITs achieving positive returns within the year, with an average increase of over 10%. REITs generally have a strong willingness to distribute dividends, with 21 of them having a latest dividend yield exceeding 5%. Policies supporting the expansion of REITs have been gradually released, and institutions are optimistic about the returns brought by long-term investments.

On March 24th, the military industry welcomed a new growth pole. Currently, the deep-sea economy has become a new hotspot in the capital market, and the attention of public fund managers to the deep-sea technology field has significantly increased. Driven by the popularity of the deep-sea economy, market funds have flooded into military ETFs, and many fund managers have expressed optimism about the recovery prospects in 2025.

On March 24th, it was learned from the Russian side that the talks between the Ukrainian and American delegations in Riyadh, Saudi Arabia had ended on the 23rd local time. Deputy Director of the Ukrainian Presidential Office, Palisa, stated that the Ukrainian delegation will not meet with the Russian delegation in Riyadh. In addition, TASS quoted Grigory Karasin, a member of the Russian delegation and chairman of the International Affairs Committee of the Federal Council (upper house of parliament), as saying that the Russian delegation has arrived in Riyadh and consultations with the US delegation will begin on the morning of the 24th local time. (CCTV News)

On March 24, Assistant to the President of the United States for National Security Affairs Waltz said in an interview with the media on March 23, local time, that under the mediation of the United States, the Russian side began to contact with Russia-Ukraine conflict. Now, the US technical team has started practical cooperation with the Ukrainian side, and some Russian representatives have also appeared on the negotiation site for close range talks. Waltz added that after Trump’s call with Putin this week, both sides reached a ceasefire agreement regarding air infrastructure. Next, the United States will discuss a maritime ceasefire in the Black Sea so that both sides can resume food and fuel transportation, and restart trade in the Black Sea region. Next, the United States will begin discussing practical frontline ceasefire issues as well as broader, permanent peace plans.

On March 24th, it was reported from the Ukrainian side that an explosion occurred in a police building in Odessa Oblast, Ukraine on the 23rd local time. The incident resulted in the death of one woman and multiple injuries. At present, police and personnel from the Ukrainian National Security Service are working on the scene.

On March 24th, Egyptian Foreign Minister Abdul Ati held talks with visiting European Union High Representative for Foreign Affairs and Security Policy Karas. Both sides discussed the ceasefire in Gaza and the governance and security issues in the Gaza Strip. Abdulhati emphasized that Egypt opposes Israel’s resumption of military operations against civilians in Gaza, and returning to the ceasefire agreement is the only realistic solution. He also emphasized the need to quickly advance the second phase of the Gaza ceasefire agreement.

On March 24th, Egyptian Prime Minister Madbli held talks with visiting Palestinian Prime Minister and Foreign Minister Mohamed Mustafa. Both sides discussed maintaining the ceasefire in Gaza and the progress of reconstruction in the Gaza Strip. Madbury emphasized the need to maintain the ceasefire in the Gaza Strip, stop the bloody conflict, and initiate the reconstruction process in the Gaza Strip as soon as possible. Madbury reiterated Egypt’s firm support for Palestine, stating that it should ensure that Palestinians continue to stay on their own land. Madbury said that the Gaza reconstruction plan formulated by Egypt has been approved at the emergency summit of Arab countries. Egypt will strengthen coordination with regional and international parties as well as Palestine to reach an agreement on the comprehensive implementation of the plan.