Category: Flash News

On March 15th, the Cyberspace Administration of China held an expanded meeting on the National Coordination Mechanism for Information Technology Development in Beijing. The meeting emphasized the need to focus on target tasks and ensure the successful completion of the national informatization development during the 14th Five Year Plan period; Focusing on consolidating the foundation and solidly promoting the digital countryside to strengthen agriculture, benefit farmers, and enrich farmers, achieving practical results; Focusing on innovation leadership and pragmatically promoting the coordinated transformation and development of digitalization, greening, and collaboration; Focus on key breakthroughs and strive to promote the scale deployment and application of IPv6 to form a self driving development trend; Focus on driving demand and make great efforts to enhance the digital literacy and skill level of the entire population. We must adhere to goal orientation, problem orientation, and effect orientation, strengthen overall coordination, and form a working force; Strengthen system planning and overall promotion; Strengthen tracking and supervision, focus on work implementation, and effectively implement key work tasks.

On March 15th, Hungarian Prime Minister Orban posted on social media, proposing 12 demands to the European Union, including equality before the law for all member states, the return of national rights deprived by the EU, strict border controls on immigration not being restricted, achieving peace, and Ukraine not joining the EU. March 15th is the commemoration day of the Hungarian Revolution and Freedom Struggle of 1848. Orban also gave a speech in front of the Hungarian National Museum on that day to commemorate the 177th anniversary of the Hungarian Revolution and Freedom Struggle of 1848.

On March 15th local time, British Prime Minister Stamer held an online meeting with several leaders to discuss the Ukrainian issue. The UK Prime Minister’s Office previously issued a statement stating that in addition to Stamer, about 25 leaders participated in the online meeting, including leaders from European partners, the European Commission, NATO, Canada, Ukraine, Australia, and New Zealand. The statement also stated that British Prime Minister Stamer will call on countries to increase pressure on Russia during the Ukraine conflict negotiations during the meeting. And it said that if Russia “returns to the negotiating table”, it hopes that Britain will work with other members of the so-called “coalition of wills” to supervise the ceasefire system in Ukraine.

On March 15th, Shanghai Huihe Medical’s transcatheter tricuspid valve ring shaping system K-Clip recently received approval from the National Medical Products Administration, becoming the first domestically approved tricuspid valve cardiac intervention medical device product, filling a long-term gap in this field and marking the domestic independent research and development of cardiovascular intervention medical devices moving towards the high-end of the industry chain. What is the pricing for the first tricuspid valve approved in China? The reporter learned from the manufacturer that the pricing range of this product is between 160000 and 190000 yuan, and it will be officially launched on the internet next week. (First Financial)

On March 15th, according to a report from Harbin, on the 14th, it was learned from the Harbin Housing and Urban Rural Development Bureau that in order to further standardize the system of publicizing the sales area of real estate development enterprises and effectively safeguard the legitimate rights and interests of consumers, the bureau has issued a notice on further standardizing the relevant matters of publicizing the sales area of commercial housing, which will be implemented from today. The Notice requires real estate development enterprises to prominently display the building area and interior building area of each commercial housing unit at the sales office when selling commercial housing, as well as the location and area of the shared building and the calculation basis for each household’s allocation, in order to improve the transparency of area disclosure.

On March 15th, the Jiangsu Provincial Bureau of Statistics and the Jiangsu Investigation Team of the National Bureau of Statistics released the “2024 Statistical Bulletin on National Economic and Social Development in Jiangsu Province”. The communique mentioned that the total population of Jiangsu remains stable. At the end of 2024, the total permanent population of the province was 85.26 million, which remained the same as the end of 2023. The male population is 43.21 million and the female population is 42.05 million; The population aged 0-14 is 11.1 million, the population aged 15-64 is 58.22 million, and the population aged 65 and above is 15.94 million. The annual birth rate is 5.0 ‰, the death rate is 7.5 ‰, and the natural population growth rate is -2.5 ‰. At the end of the year, the urbanization rate of permanent residents reached 75.5%, an increase of 0.5 percentage points from the end of the previous year. The growth momentum of the total population in Jiangsu has been maintained for many years. Among them, from the end of 2014 to the end of 2023, the permanent population of the province increased from 79.6006 million to 85.26 million. (Pengpai News)

On March 15th, Ping An of China issued a statement stating that on the occasion of the “3.15” financial consumer rights protection education and publicity campaign in 2025, Ping An and its member companies, Ping An Property and Casualty Insurance, Ping An Life Insurance, Ping An Bank, and Ping An Guarantee, a subsidiary of Lufax Holdings, jointly and solemnly declare their firm opposition to all illegal intermediary activities that infringe on the rights and interests of financial consumers, advocate for consumers to express their demands through formal channels, and protect their rights in a rational and lawful manner. China Ping An solemnly promises to resolutely resist all illegal intermediary activities and safeguard the legitimate rights and interests of financial consumers. Actively cooperate with regulatory authorities, crack down on illegal intermediary activities, and maintain financial market order. Continue to strengthen consumer rights protection and improve service quality. Advocate for consumers to express their demands through formal channels and protect their rights in a rational and lawful manner.

On March 15th, in the world’s largest Taratan Photovoltaic Industrial Park in Hainan Tibetan Autonomous Prefecture, Qinghai Province, the Guoneng Qingyu 100000 kW tower solar thermal project completed the installation of 23000 solar mirrors today (15th), marking the completion of the construction of the project’s mirror field. It is reported that the average altitude of the project is 3000 meters, the installed capacity is 100000 kilowatts, and the total lighting area of the mirror field is 700200 square meters. It is planned to be put into operation in the second half of 2025, with an average annual power generation of 223 million kilowatt hours.

On March 15th, as the silicon carbide industry gradually enters the 8-inch era, competition among enterprises will become increasingly fierce. Several experts expressed at the 2025 Power Semiconductor Manufacturing and Supply Chain Summit Forum that for industry chain players who have already entered high-end markets such as automobiles, solid product quality and stable supply capabilities are the foundation for long-term development. Benefiting from cost reduction, domestic silicon carbide is accelerating its adoption, promoting its application in industries such as new energy vehicles. On the other hand, the decrease in prices has also intensified competition in this industry. Silicon carbide is currently one of the most prosperous tracks in the semiconductor industry. According to market research firm Yole, the market size of silicon carbide is expected to reach $2.746 billion in 2023 and $9.873 billion by 2029, with a compound annual growth rate of approximately 24%. (Securities Daily)