S&P: The continued disruption of shipping corridors caused by the Middle East wars will increasingly impact the United States.

The Nasdaq 100 index extended its gains to over 1%.

Domestic News 1. Apple announces reduction in App Store commission rates in China. 2. Kweichow Moutai: Board Secretary Jiang Yan placed under detention. 3. my country to conduct on-orbit upgrade of BeiDou Navigation Satellite System. 4. China-US trade consultations to be held in France from March 14-17. 5. National Cybersecurity Information Center issues OpenClaw security risk warning. 6. National Medical Products Administration: First invasive brain-computer interface medical device approved for market launch. 7. General Administration of Customs: Promoting cross-border e-commerce retail export goods return model across customs districts. 8. State Administration for Market Regulation intensifies crackdown on advertising irregularities such as "eye-catching large print, disclaimer of liability in small print". 9. National Healthcare Security Administration: Clinical trials of DRG payment version 3.0 grouping scheme progressing smoothly. 10. Fenqile, Qifu Jie Tiao, Niwodai Jie Loan, Yixianghua, and Xinyongfei summoned for talks by the State Financial Regulatory Commission. 11. Ministry of Commerce: Anti-dumping duties will be imposed on imported halogenated butyl rubber originating from Japan and Canada, effective March 14. 12. China Securities Regulatory Commission: Closely monitors changes in international financial markets and the internal and external environment, and strengthens joint monitoring of domestic and international markets, as well as futures and spot markets. 13. Ministry of Commerce responds to the US's Section 301 investigation against 16 economies, including China: The US has no right to unilaterally determine that its trading partners have overcapacity. 14. Wang Yi, Wang Xiaohong, and Dong Jun will travel to Vietnam to attend the first ministerial meeting of the China-Vietnam "3+3" strategic dialogue mechanism on diplomacy, defense, and public security. 15. Ministry of Commerce: Anti-dumping duties will be imposed on imported halogenated butyl rubber originating from Japan and Canada, effective March 14, 2026. 16. State Council Executive Meeting: Discusses and approves the "Division of Responsibilities for Key Tasks of the State Council in 2026," and studies the establishment of a negative list management mechanism for local government subsidies. 17. The People's Bank of China: Total social financing in the first two months reached 9.6 trillion yuan, 316.2 billion yuan more than the same period last year; M2 balance at the end of February increased by 9% year-on-year. International News 1. The Office of the United States Trade Representative: 60 Section 301 investigations have been initiated. 2. US President Trump signed two executive orders aimed at increasing homeownership rates. 3. Japanese Finance Minister Satsuki Katayama: Japan is prepared to take all necessary exchange rate measures. 4. Trump eased sanctions on Venezuelan oil and fertilizer to alleviate inflationary pressures in the US. 5. Japan and other Asia-Pacific countries are reportedly planning to reach a $30 billion energy and mineral deal with the US. 6. A US judge rejected a subpoena against Powell; the Justice Department will appeal, potentially delaying Warsh's appointment. 7. British media reported that some European countries are consulting with Iran on resuming shipping in the Strait of Hormuz; Italy denied this. 8. The US dollar index returned to the 100 mark for the first time since November last year. The US dollar hit a new high against the Japanese yen since July 2024. 9. US Data: Q4 GDP was revised down to only 0.7%, and core inflation in January was 3.1%; job openings increased in January, while layoffs decreased. 10. Iran Situation—① US Defense Secretary: Iran's new Supreme Leader is alive but may have been disfigured. ② The US Department of Defense is reportedly deploying additional Marines and warships to the Middle East. ③ Trump: US troops will soon escort oil tankers through the Strait of Hormuz. ④ Trump: US troops bombed Kharg Island, Iran's oil export hub. 11. Energy Situation—① Sources: Iran has agreed to allow two Indian government liquefied petroleum gas (LPG) carriers to pass through the Strait of Hormuz. ② Turkish Transport Minister confirmed that a Turkish ship was granted passage through the Strait of Hormuz. ③ Abu Dhabi National Oil Company reportedly cut crude oil supplies from its onshore partners by about one-fifth this month.