Real-time News

On March 31, the State Administration for Market Regulation released a report on the progress of the 2025 "Quality Certification Improvement Action for Small and Micro Enterprises." According to statistics, a total of 1,816 supporting incentive policies were introduced nationwide, providing approximately 123.5 billion yuan in financial credit support such as "certification loans," and implementing 930 million yuan in fiscal subsidies. 488 certification bodies reduced or waived certification fees by approximately 100 million yuan, provided free training to 722,000 enterprises, provided targeted assistance to over 79,000 enterprises, resolved approximately 48,000 key quality issues, cultivated approximately 138,000 quality management talents, and indirectly created approximately 143,000 new jobs. Small and micro enterprises participating in the improvement action saw an average annual revenue increase of approximately 14.8%, an average profit margin increase of approximately 6.8%, and an average quality cost decrease of approximately 12.2%. Meanwhile, enterprises continued to increase their investment in innovation, with R&D investment as a percentage of revenue increasing by an average of 7.6%.

March 31 - On March 30, local time, a village on Qeshm Island in southern Iran was attacked by the United States and Israel, resulting in eight deaths. Qeshm Island is Iran's largest island and the largest island in the Persian Gulf, located north of the Strait of Hormuz.

Japanese Finance Minister Satsuki Katayama: We are prepared to take all necessary measures in the foreign exchange market.

Japanese Finance Minister Satsuki Katayama: Foreign exchange rate fluctuations are due to speculation.

Japanese Finance Minister Satsuki Katayama: The yen has rebounded slightly against the euro, but Japan is highly dependent on the Middle East among the G7 countries.

Japanese Finance Minister Satsuki Katayama: We will respond on all fronts at all times, and keep in mind that foreign exchange fluctuations will affect people's lives.

Japanese Finance Minister Satsuki Katayama: Not only the oil futures market, but also the foreign exchange market is being driven by speculative operations.

Japanese Finance Minister Satsuki Katayama: I cannot comment on specific exchange rate levels.

On March 30, Baidu's Apollo Go officially launched its fully driverless commercial operation in Dubai.

As of 8:30 AM Beijing time, spot platinum was down 0.72% and spot palladium was down 0.03%.

The Dubai Media Office stated that Dubai authorities are still dealing with the fire affecting the attacked Kuwaiti oil tanker.

The South Korean won continued to hit a new low against the US dollar since March 10, 2009.

SK Hynix shares fell 5.6%, and Samsung Electronics shares fell 3%.

The Office of the United States Trade Representative stated that the WTO ministerial meeting ended in a deadlock after Brazil and Turkey rejected an agreement to extend the suspension of tariffs on e-commerce goods. If the suspension cannot be reinstated, the United States will negotiate a plurilateral agreement with relevant parties outside the WTO framework.

The Office of the United States Trade Representative stated that the WTO's "failure" has hindered progress on a reform agenda led by the United States and supported by all members.

U.S. Trade Representative Greer: Although the e-commerce tariff moratorium expired after 28 years, the United States has secured commitments from dozens of countries not to impose tariffs on U.S. digital transmissions.

1. The World Data Organization was established in Beijing. 2. US chip stocks continued to fall, with Micron Technology down nearly 10%. 3. DeepSeek resumed service. 4. Alibaba's Qwen3.5-Omni full-modal large model was launched. 5. Tesla: Project TERAFAB was officially launched and is expected to generate more than 1 terawatt of computing power annually. 6. The Long March 2 rocket successfully completed its maiden flight, with a single launch cost comparable to SpaceX, and is expected to be halved after recovery.