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On March 7th, Bai Jingyu, Director of the Innovation and High-Tech Development Department of the National Development and Reform Commission, stated at a press briefing held by the State Council Information Office that the draft outline of the 15th Five-Year Plan constructs a development sequence for emerging industries that combines short-term and long-term goals, consisting of strategic emerging industries, emerging pillar industries, and future industries. Looking to the present, the plan continues to focus on the development of strategic emerging industries such as next-generation information technology and new energy, and builds industrial clusters with distinctive characteristics and complementary advantages tailored to local conditions. In the medium term, it focuses on developing emerging pillar industries such as integrated circuits, biomedicine, and aerospace, constructing new pillars for national economic development. Looking to the long term, it proactively plans for future industries such as quantum technology, brain-computer interfaces, and embody intelligence, cultivating strategic emerging industries for "tomorrow" and pillar industries for "the day after tomorrow."

On March 7th, Chen Lei, Director of the Development Strategy and Planning Department of the National Development and Reform Commission (NDRC), stated at a press briefing held by the State Council Information Office that in recent years, China's level of opening up to the outside world has been continuously improving. The negative list for foreign investment access has been reduced to 29 items, and restrictions on foreign investment access in the manufacturing sector have been completely eliminated. The next step will be to expand market access and open areas with a focus on the service sector, promoting the orderly expansion of opening up in telecommunications, the internet, education, culture, and healthcare, advancing comprehensive pilot demonstrations for expanding the opening up of the service sector, and further reducing the negative list for foreign investment access, thus providing foreign companies with "broader" investment opportunities in China. Simultaneously, diverse forms of openness will be created.

On March 7, Liu Dechun, Director of the Department of Social Development of the National Development and Reform Commission, stated at a press briefing held by the State Council Information Office that the draft outline of the 15th Five-Year Plan proposes, in terms of building a fertility-friendly society, expanding the coverage of the maternity insurance system, reasonably improving the level of protection for prenatal medical expenses, and fully implementing the maternity leave system.

On March 7th, Chen Lei, Director of the Development Strategy and Planning Department of the National Development and Reform Commission (NDRC), stated at a press briefing held by the State Council Information Office that during the 14th Five-Year Plan period, China utilized over US$750 billion in foreign investment, with overseas investments spanning 190 countries and regions. During the 15th Five-Year Plan period, China will continue to optimize the foreign investment environment, fully implement national treatment for foreign-invested enterprises, improve the service and support system for foreign investment, and ensure both market access and operational rights. China welcomes more foreign-invested enterprises to invest in China and share the enormous development potential in advanced manufacturing, modern services, high technology, energy conservation, and environmental protection. Simultaneously, China will improve its overseas comprehensive service system and support qualified enterprises to conduct mutually beneficial overseas investment cooperation.

The National Highway Traffic Safety Administration (NHTSA) has recalled 11,787 General Motors (GM.N) vehicles in the United States because engine shutdown increases the risk of a collision.

Iran launched a new round of missile and drone attacks on Bahrain and Qatar.

On March 7th, Yuan Da, Secretary-General of the National Development and Reform Commission, stated at a press briefing held by the State Council Information Office that expanding domestic demand will adhere to "three combinations" to continuously consolidate and enhance the advantages of a super-large market. The first combination is to combine existing policies with new policies, deeply implement the special action to boost consumption, and improve the effectiveness of new policies such as "two key" and "two new" policies and new policy-based financial instruments. Simultaneously, it will accelerate the implementation of important measures such as the comprehensive package of fiscal and financial policies to expand domestic demand, leveraging the combined effect of these policies. The second combination is to closely integrate improving people's livelihoods with promoting consumption, formulating and implementing plans to increase the income of urban and rural residents, steadily raising the minimum wage standard, and increasing government funds for livelihood security expenditures. At the same time, it will promote the expansion and upgrading of commodity consumption and unleash the potential of service consumption. The third combination is to closely integrate investment in people with investment in things, optimizing the structure of government investment, increasing the proportion of government investment in livelihood-related areas, stimulating private investment, promoting the opening of application scenarios in emerging fields to private enterprises, and equally guaranteeing the demand for factors of production.

Qatar's Ministry of Defense stated that its armed forces intercepted a missile attack.

On March 7, Liu Dechun, Director of the Department of Social Development of the National Development and Reform Commission, stated at a press briefing held by the State Council Information Office that in the next five years, efforts will be made to further promote people-centered new urbanization, improve the public resource allocation mechanism that matches the permanent population, promote the effective coverage of basic public services in urban areas to the permanent population, narrow the gap in basic public services between urban and rural areas, and significantly improve the level of equalization of basic public services.

On March 7th, Emirates Airlines issued a statement saying that all flights to and from Dubai have been suspended, and the resumption time will be announced later. The statement advised passengers not to go to the airport, and Emirates Airlines will release updates as soon as they become available. Shortly afterward, Dubai International Airport announced that it had suspended operations to ensure the safety of passengers, airport staff, and crew. Earlier that day, an explosion was heard at Dubai International Airport, and some passengers in the terminal were asked to evacuate to the underground level for safety. It is reported that an interception operation was carried out over Dubai Airport.

On March 7th, Yuan Da, Secretary-General of the National Development and Reform Commission, stated at a press briefing held by the State Council Information Office that the 15th Five-Year Plan period is a crucial period for accelerating the comprehensive green transformation of economic and social development. In implementing the concept of green development, low-carbon requirements are given greater emphasis. First, it clearly proposes to take carbon peaking and carbon neutrality as the driving force, and synergistically promote carbon reduction, pollution reduction, greening, and growth. Second, it fully implements dual control over total carbon emissions and intensity. It should be noted that the shift from dual control of energy consumption to dual control of carbon emissions does not mean a relaxation of energy conservation efforts. Energy conservation remains the most direct, economical, and effective way to reduce carbon emissions.

On March 7th, Zheng Bei, Vice Chairman of the National Development and Reform Commission, stated at a press briefing held by the State Council Information Office that the draft outline of the 15th Five-Year Plan has added an indicator for the proportion of nursing care beds in elderly care institutions, guiding these institutions to provide more high-quality nursing services and better meet the care needs of disabled and cognitively impaired elderly people. Simultaneously, an indicator for increasing the enrollment rate of infants under 3 years old in childcare facilities has been set, comprehensively reflecting the degree to which childcare needs are met and enhancing the public's sense of gain.

On March 7, Zheng Bei, Vice Chairman of the National Development and Reform Commission, stated at a press briefing held by the State Council Information Office that the draft outline of the 15th Five-Year Plan has four key characteristics: First, in terms of planning and positioning, it emphasizes building on past achievements and laying a solid foundation for future development, while also focusing on comprehensive efforts. Second, in terms of development orientation, it closely adheres to high-quality development, emphasizing structural optimization and quality improvement. Third, in terms of task arrangement, it strengthens practicality and effectiveness, focusing on precision, efficiency, and strong support. Fourth, in terms of value orientation, it upholds the principle of putting people first, emphasizing tangible results and effectiveness.

Iranian President Pezechzian: We have no hostility toward countries in the Gulf region.

March 7th - The recent volatile situation in the Middle East has led to sharp fluctuations in international precious metal prices. In just a few days, market sentiment in Shenzhen's Shuibei district has shifted rapidly from "chasing the rise" to "wait-and-see." The volatile gold and silver prices have not only affected the retail sector but also the wholesale sector, with retailers across the country slowing down their purchasing, resulting in a sharp decline in wholesale gold and silver volume in Shuibei, Shenzhen. During interviews, reporters found that due to the recent extreme volatility in gold prices, many consumers have chosen to wait and see, leading to a significant drop in actual transaction volume in the gold recycling business. One gold recycling merchant stated, "Recently, price fluctuations have been quite large, and most people are still taking a wait-and-see approach, unsure of how gold prices will move forward. Business volume has decreased by about 50% compared to before the Lunar New Year."

Two Iraqi sources said that several foreign oil companies, including Halliburton, KBR and Schlumberger, have begun evacuating their foreign employees from Iraqi oil fields to Kuwait.

March 7 - According to US media reports, a tornado struck Michigan on March 6, killing at least four people and injuring more than ten. The report stated that the tornado also caused trees to fall and homes to be damaged in the southwestern part of the state. Michigan Governor Gretchen Whitmer has activated the state's emergency operations center to coordinate resources to deal with the severe weather.

UAE Ministry of Defense: We are currently dealing with missile and drone threats from Iran.

March 7 – According to AFP and other foreign media reports, the White House confirmed on March 6 that US President Trump will attend the handover ceremony for the remains of six US soldiers on March 7. White House spokesman Levitt stated, "Tomorrow he (Trump) will travel to Joint Base Dover to attend the handover ceremony for the remains of six service members killed in the Iranian attack on our forces." The report states that the ceremony will be held at Dover Air Force Base in Delaware, which is responsible for receiving the remains of US soldiers killed overseas.