Category: Flash News
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2025-0504
On May 3rd, according to data from the Le Youjia Research Center, the number of second-hand houses recorded in Shenzhen in April was 6597, a decrease of 14.4% compared to the previous month and an increase of 33.5% year-on-year, far exceeding the boom bust line of 5000 units and at a relatively high level. The online signing volume of second-hand residential properties in Shenzhen in April was 5733 units, a decrease of 5.7% compared to the previous month and an increase of 37.4% year-on-year. In terms of new houses, the total number of online signings for first-hand residential properties in Shenzhen in April was 3695, a year-on-year increase of 28.7%, still at a relatively high level. As of the end of April, the inventory of first-hand pre-sale residential properties in Shenzhen was 28062 units. Calculated based on the average monthly turnover rate of first-hand pre-sale residential properties in the past 12 months (3494 units per month), the turnover cycle is 8.0 months.
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On May 3rd, the media office in the Gaza Strip announced that the Israeli military has closed Gaza’s border crossings for 63 consecutive days, causing the death toll from hunger and severe malnutrition in the area to rise to 57 people, the vast majority of whom are children, the sick, and the elderly. The department stated that Israel continues to blockade Gaza, preventing aid supplies such as infant formula, nutritional supplements, and dozens of medicines from entering, and it is expected that the related death toll will continue to increase. The department strongly condemns Israel’s continued use of food as a weapon of war and the brutal blockade imposed on civilians in the Gaza Strip, and calls on the international community, humanitarian organizations, and human rights organizations to take immediate and effective action, exert all possible pressure, open border crossings, and ensure that food and medicine enter as soon as possible.
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On May 3rd, US President Donald Trump announced on May 2nd local time that the government will strip Harvard University of its tax exempt status. Harvard University issued a statement on the same day in response, stating that this behavior has no legal basis, and if this method is used against more universities, it will have serious consequences for the future of higher education in the United States.
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On May 3rd, Lan Fo’an, Secretary of the Party Group and Minister of the Ministry of Finance, recently published an article in Qiushi magazine titled “Scientific Design and Successful Practice of a More Active Fiscal Policy”, in which he proposed that everything should be done in advance, and failure to do so would lead to failure. Currently, the implementation of so-called “equivalent tariffs” by the United States on all trading partners is continuously causing global market turbulence, deepening the adverse effects on China’s economic development, and presenting new situations and challenges to economic operation. It is necessary to implement more proactive fiscal policies to effectively hedge the adverse impact of external risks on China’s economy. The finance department should thoroughly implement the spirit of the Central Economic Work Conference and the deployment of this year’s Government Work Report, focus on key areas and weak links for high-quality development, strengthen financial and tax policy support and funding guarantee, implement precise policies, continue to exert efforts, and fully unleash the effectiveness of fiscal policies.
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On May 3rd, the Indian Shipping Authority announced that any vessel flying the Pakistani flag is not allowed to dock at Indian ports. The announcement states that the issuance of this order is to ensure the safety of Indian assets, goods, and related infrastructure, in line with the public interest and the interests of Indian shipping. In addition, the Indian postal department announced on the 3rd that the government has decided to suspend the air and land transportation of mail and parcels entering from Pakistan. Earlier that day, India announced a ban on import trade with Pakistan.
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On May 3rd, with the deep interconnection of infrastructure, consumption scenarios, and cross-border payment methods in the Guangdong Hong Kong Macao Greater Bay Area, the flow of inbound and outbound passenger traffic at various ports in Guangdong continued to operate at a high level during this year’s May Day holiday. In Zhuhai, Guangdong, Hengqin Port is also experiencing a peak in passenger and vehicular traffic. According to statistics from the Hengqin Border Inspection Station of Zhuhai Border Inspection General Station, as of 10am on May 3rd, the number of passengers entering and exiting through Hengqin Port exceeded 255000, and the number of vehicles exceeded 20000, an increase of 55% and 54% respectively compared to the same period last year.
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On May 3, according to the news of “Chongqing refutes rumors”, a netizen recently released information on the Internet platform that “the collapse accident occurred at Tanzikou Station of Chongqing Rail Transit Line 18, and all 10 trapped people were rescued”, causing concern. After verification, the information circulating online is a rumor. After verification with relevant departments, the construction of the slag yard at Tanzikou Light Rail Station on Chongqing Rail Transit Line 18 is underway, and there have been no collapse accidents or personnel trapped. The information transmitted online is false. At present, the police have launched an investigation into the rumor mongers.
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On May 3rd, the Ministry of Commerce recently guided various regions to hold production and sales docking activities such as the “China Tour of Foreign Trade Excellent Products”, and formed a “Foreign Trade Excellent Product Tour Procurement Team” to purchase locally, fully assisting affected foreign trade enterprises in expanding domestic sales. As of the 2nd, a series of activities have been held in 10 key areas including Shanghai, Sichuan, and Jiangsu. According to preliminary statistics, over 2400 foreign trade enterprises and more than 6500 buyers participated in the above-mentioned activities, reaching a total purchase intention of 16.76 billion yuan. At the same time, the Ministry of Commerce guides e-commerce platforms and large retail enterprises to actively assist foreign trade enterprises in opening up domestic sales channels. 15 major e-commerce platforms have connected with over 26000 foreign trade enterprises and helped over 2600 enterprises settle in. Nine e-commerce platforms have opened online sections, and as of now, the sales of products in the sections have exceeded 600 million yuan. A group of large retail enterprises have set up special counters for foreign trade quality products, opened up green channels, and significantly reduced product shelf time.
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On May 3rd, German Interior Minister Nancy Feynman announced on May 2nd that the German Federal Constitutional Protection Agency has designated the Alternative for Germany as a clear far right organization, citing the party’s opposition to the “basic order of liberal democracy”. According to German media reports, after being classified as a far right organization, intelligence agencies will take measures such as financial investigations and communication monitoring against the Alternative for Germany party. The German Alternative Party responded by stating that the intelligence agency’s move is a “heavy blow” to democracy and stated that legal action will be taken. The inclusion of the German Alternative Party as a far right organization has directly sparked a dispute between the German Ministry of Foreign Affairs and US officials. On the 2nd, US Secretary of State Rubio posted on social media opposing Germany’s designation of the Alternative for Germany as a far right organization, stating that Germany should change its stance. In response, the German Ministry of Foreign Affairs refuted the American discourse, stating that this decision was made to protect the German constitution and rule of law, and that ‘right-wing extremism needs to be stopped’.
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On May 3rd, as an offshore heavy oil field developed remotely using unmanned platforms, the Panyu 11-12 platform of China National Offshore Oil Corporation Shenzhen Branch was successfully put into operation in the eastern waters of the South China Sea. The Panyu 11-12 platform is the core facility of the Panyu 10/11 block joint development project, located in the sea area 200 kilometers southeast of Shenzhen with a depth of about 114 meters. It is 150.8 meters high and weighs about 7000 tons. It has achieved new breakthroughs in “typhoon production mode”, remote resumption of production, complex crude oil processing, etc. The platform has functions such as intelligent oil extraction, intelligent equipment operation and maintenance, and intelligent security. Compared with traditional development mode, adopting unmanned design can not only reduce engineering investment, but also save more than 10 million yuan in operation and maintenance costs every year.
