China Business Now丨Henan’s record rainstorms claimed 33 lives; metal reserves to release late July

China Business Now李莹亮,实习生郎舒婷 2021-07-22 20:12

三分钟音频,中英文带你速览中国经济头条。

Hi everyone. I’m Stephanie LI.

大家好,我是主持人李莹亮。

Our top stories today.

今日经济头条

As central China’s Henan province ravaged by record rainstorms, President Xi Jinping has urged all-out efforts to carry out flood prevention and rescue work to protect people's lives and property, requiring officials at various levels to work on the front line to speedily mobilize all available resources in an instruction released on Wednesday. The Ministry of Emergency Management has dispatched 1,800 firefighters from nearby regions to support disaster relief work. The Ministry of Finance on Wednesday earmarked 100 million yuan (about $15.42 million) of disaster relief funds for Henan. Residents have also volunteered to take part in rescue efforts in Zhengzhou, providing shelters and supplies to people trapped in different areas. 

Death toll rose to 33 on Thursday morning, with eight still missing as rescue continues today. More than 3 million people have been affected. Henan’s meteorological station continued the issuance of a red alert for heavy rain at 7:50 a.m. Thursday.

河南省连日来遭遇暴雨侵袭,大片地区被水淹没,大量民众受灾。7月21日,习近平主席对防汛救灾工作作出重要指示,强调当前已进入防汛关键期,各级领导干部要始终把保障人民群众生命财产安全放在第一位,身先士卒、靠前指挥,迅速组织力量防汛救灾,妥善安置受灾群众,严防次生灾害,最大限度减少人员伤亡和财产损失。应急管理部已从附近地区派出1800名消防员支持河南救灾工作。财政部向河南紧急下达1亿元救灾补助资金。郑州居民们也自发参与到当地救援中,为被困人员提供避难场所和物资。截至7月22日中午,河南省强降雨已致300万人受灾、33人死亡、8人失联。河南省气象台7月22日晨继续发布暴雨红色预警。

China’s National Development and Reform Commission and the National Food and Strategic Reserves Administration said Wednesday that the country will release another batch of national reserves including copper, aluminum and zinc. Some 30,000 tons of copper, 90,000 tons of aluminum and 50,000 tons of zinc will be released from the national reserves in late July. 

发改委、粮食和储备局:为大宗商品保供稳价,决定分批次投放国家储备铜铝锌。7月下旬将投放第二批国家储备铜3万吨、铝9万吨、锌5万吨。

The Ministry of Human Resources and Social Security on Thursday said by the end of June, all provinces have started entrusted investment of basic pension funds of 2021. The total amount of the entrusted funds reached 1.25 trillion yuan, receiving 1.09 trillion yuan in investment revenue. 

人力资源和社会保障部新闻发言人卢爱红22日在人社部2021年第二季度新闻发布会上表示,截至6月底,所有省份都已启动2021年度基本养老保险基金委托投资工作,委托资金规模1.25万亿元,到账金额1.09万亿元。

Updates on COVID-19. 

疫情简报

Chinese mainland reported 12 new local cases yesterday, one in Yunnan Province and 11 in Jiangsu Province. Nanjing, which has a population of more than 9.3 million, carried out citywide nucleic acid testing starting on Wednesday. 

全国昨日新增12例本土确诊病例(云南1例,江苏11例)。从7月21日起,南京开始对全市超过930万人口进行核酸检测。

China hopes that the World Health Organization will genuinely treat the COVID-19 origin-tracing work as a scientific issue, get rid of political interference, and actively and prudently promote the tracing work to be carried out continuously in multiple countries and regions around the globe, said a senior official of the National Health Commission (NHC) on Thursday. At the same time, the Foreign Ministry demanded on Wednesday that the United States show transparency and conduct a thorough investigation into its Fort Detrick laboratory and other biological labs overseas over the origins of COVID-19.

7月22日上午10时,国务院新闻办公室举行新冠病毒溯源情况新闻发布会。国家卫生健康委副主任曾益新在会上表示,实验室引入“极不可能”。针对第二阶段溯源工作,他强调,希望世界卫生组织(WHO)真正地将新冠病毒溯源作为一个科学问题,摆脱政治干扰。同时,外交部发言人赵立坚21日要求美方应中国和世界人民的呼吁,展现透明度,对德特里克堡实验室和其他海外生物实验室的新冠病毒来源进行彻底调查。

CPC Leads a Century’s Progress.

建党百年,开创新局

Under the leadership of the CPC, China has built the world’s largest social security system. A multi-level and sustainable social security system covering urban and rural residents has basically been established. The first regulation in the field of social security, The Labor Insurance Regulations, was enacted in 1951, and The Social Insurance Law was implemented in 2011 as China's social security legal system improved. In 1951, the number of employees with labor insurance was only 2.69 million. By the end of March 2021, the number of people covered by basic pension insurance exceeded 1 billion, and the number of people covered by basic medical insurance reached 1.36 billion. The number of people covered by unemployment insurance and work-related injuries reached 218 million and 267 million respectively.

在党中央坚强领导下,我国社会保障体系建设取得举世瞩目的成就,覆盖城乡居民的多层次、可持续的社会保障体系基本建立,走出了一条中国特色社会保障之路。全心全意为人民服务的立党宗旨贯穿社会保障体系建立与完善的始终。1951年制定社会保障领域第一部法规《劳动保险条例》到2011年实施《社会保险法》,我国社会保障法律体系不断完善。全覆盖保基本的网络基本建成。制度保障应保尽保,各个人群全员覆盖。1951年,参加劳动保险的职工仅为269万人,经过70年发展,截至2021年3月底,基本养老保险覆盖人数超过10.07亿人,基本医疗保险参保人数达13.61亿人,失业保险、工伤保险覆盖人数分别为2.18亿、2.67亿,世界上规模最大的社会保障网业已建成。

Next on industry and company news.

产经消息及公司新闻

China's software and information technology (IT) sector maintained its growth momentum in the first half of 2021, official data shows. The sector's combined software revenue rose 23.2 percent year on year to 4.42 trillion yuan in the January-June period. The growth rate fell 3.3 percent from its level in the first quarter. During the same period, companies in the sector raked in 499.9 billion yuan in total profits, up 13.6 percent year on year, according to the Ministry of Industry and Information Technology (MIIT).

据工信部统计,上半年,我国软件业完成软件业务收入44198亿元,同比增长23.2%,增速较一季度回落3.3个百分点。上半年,全行业实现利润总额4999亿元,同比增长13.6%。

Faraday Future (FF) on Wednesday said it completed its previously announced business combination with blank-check company Property Solutions Acquisition Corp., adding that shares of the combined company are expected to begin trading July 22 on Nasdaq, with Evergrande Vehicle holds 20 percent of its shares. A document submitted by FF to the US Securities and Exchange Commission on July 15 showed that one of its cornerstone investors who originally planned to invest US$175 million will not hold shares of FF. Sources said that the fore-mentioned investor was the Zhuhai State-owned Assets Supervision and Administration Commission.

北京时间1月29日凌晨消息,法拉第未来向美国证券交易委员会(SEC)提交了IPO(首次公开招股)上市申请文件,将通过与Property Solutions Acquisition Corp合并的方式挂牌上市,后者是一家特殊目的收购公司(SPAC), 恒大汽车持有FF20%股份。法拉第未来在7月15日向美国证监会提交的一份文件显示,原定出资1.75亿美元的基石投资人将不会入股FF。多方消息称,此投资人为珠海国资委。

China’s real estate giant Evergrande Group on Thursday announced that it has properly resolved issues with China Guangfa Bank in the recent civil rulings on property preservation before litigation. Stock price of Evergrande surged 7.87 percent today, closing at HK$7.8. 

7月22日,中国恒大公告,广发银行与恒大集团一直保持良好的业务合作关系,针对近期诉前财产保全民事裁定事宜,双方经过充分沟通已经妥善解决。今日港股中国恒大收涨7.8%,报7.81港元。

Wrapping up with a quick look at the stock market.

最后来看股市收盘情况

Chinese stocks closed higher on Thursday with the benchmark Shanghai Composite Index up 0.34 percent, at 3574 points. The Shenzhen Component Index closed 0.33 percent higher at 15262 points.

周四股市集体收涨。截至收盘,沪指涨0.34%,报收3574点;深成指涨0.33%,报收15262点。

  • Biz Word of the Day

    财经词汇划重点

  • Cornerstone investors are investors with assured entitlement to subscribe for shares in an IPO at the offer price and thus subject to a lock-up of six months from the date of listing. Cornerstone investors are normally large financial institutions or groups. Their participation signifies their confidence in the IPO invested.

    基石投资者是在正式招股前按发售价认购首次公开招股股票的投资者。他们将确保获得应享股权,因此自上市之日起六个月内将被锁定。基石投资者通常是大型金融机构或集团。基石投资者的参与可表明他们对所投资的首次公开招股股票充满信心。

Executive Editor: Sonia YU

Editor: LI Yanxia

Writer & Host: Stephanie LI

Producer: XIANG Xiufang

Sound Editor: YUAN Sijie LANG Shuting

Graphic Designer: ZHANG Ying

Co-produced by 21st Century Business Herald Dept. of Overseas News & SFC Audio/Video Dept.

Presented by SFC

编委:  于晓娜

策划、编辑:李艳霞 

撰稿、播音:李莹亮

监制:向秀芳 

音频制作:袁思杰 郎舒婷

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(作者:李莹亮,实习生郎舒婷 编辑:于晓娜)