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Real-time News
Irans Islamic Revolutionary Guard Corps says it has hit a U.S. oil tanker in the northern Gulf, and the ship is currently on fire.On March 5th, Chinese unmanned delivery company Neolix temporarily suspended its daily operations of unmanned vehicles in Abu Dhabi, United Arab Emirates. The company stated that the suspension was to comply with the deployment requirements of relevant UAE government departments and to ensure the safety of personnel and team assets. A Neolix representative for its Middle East operations stated that they had been preparing for the large-scale operation of more unmanned vehicles in the UAE for the past few months, and a fleet of vehicles arrived in the country at the end of last month. The vehicles, technology, and operational systems are all ready. They will maintain close communication with local regulatory agencies and partners and arrange for the resumption of operations in due course.On March 5th, at a press briefing held by the State Council Information Office, Chen Changsheng, a member of the drafting group for the Government Work Report and deputy director of the State Council Research Office, stated that many scenarios mentioned in the report, such as biomedicine, aerospace, and the low-altitude economy, need to be opened up. These are important emerging fields that can grow into pillar industries. For example, the low-altitude economy has developed rapidly in the past two years and has already been well-utilized in some agricultural and forestry plant protection and patrol survey fields. Therefore, the next step is to accelerate the opening up of airspace resources and optimize and simplify the approval procedures for low-altitude economic flights to open up scenarios, enabling many places to utilize low-altitude logistics and urban governance. There are many other new scenarios, including service robots, which can also open up new space for private investment.March 5th - According to Japans Jiji Press, Japanese Economy, Trade and Industry Minister Ryosuke Akazawa urged the United Arab Emirates (UAE) on Thursday to maintain stable oil supplies despite the disruption caused by the Iranian attacks. Akazawa, meeting with his UAE counterpart, Sultan Jaber, CEO of Abu Dhabi National Oil Company, in Tokyo, called on the UAE, a major oil supplier to Japan, to play a leading role in stabilizing the oil market. Jaber responded that Japan is a highly prioritized strategic partner of the UAE, and the UAE will play its due role. However, he added that if the Strait of Hormuz, a crucial choke point for oil transport, is disrupted, then Japan will be powerless to help.On March 5th, at a press briefing held by the State Council Information Office, Chen Changsheng, a member of the drafting group for the Government Work Report and deputy director of the State Council Research Office, stated that efforts should be made to stabilize asset prices. Maintaining the healthy development of the capital market and striving to stabilize the real estate market are crucial to further repairing the balance sheets of residents and businesses, thus facilitating investment and consumption. Reforms in key areas, particularly price reforms, are also necessary. Currently, many sectors have supply, but if the price mechanism is not functioning smoothly, the entire business model cannot operate, leading to insufficient or scarce high-quality supply, which in turn inhibits consumption.
