Domestic News 1. The General Office of the CPC Central Committee and the General Office of the State Council issued an opinion on the pilot work of extending land contracts for another 30 years after their expiration. 2. Baidu Smart Cloud announced

2026-03-18

Domestic News 1. The General Office of the CPC Central Committee and the General Office of the State Council issued an opinion on the pilot work of extending land contracts for another 30 years after their expiration. 2. Baidu Smart Cloud announced price increases for its AI computing power, storage, and other products; JD Cloud stated in the evening that its core products would not increase prices and would offer greater discounts on many products. 3. Documents on establishing a negative list management mechanism for fiscal subsidies are expected to be released soon. 4. The China Securities Regulatory Commission (CSRC) stated that it will resolutely remove obstacles and stumbling blocks affecting the reform and development of the capital market. International News 1. Russia may consider providing military escort for merchant ships. 2. Trump exempted the Jones Act from enforcement to curb high oil prices. 3. The Bank of Canada kept interest rates unchanged, stating that it would "ignore" the impact of short-term oil price surges. 4. US PPI data exceeded expectations across the board, with the annual PPI rate reaching 3.4%, a new high since February last year. 5. Microsoft is considering legal action against a $50 billion cloud services deal between Amazon and OpenAI. 6. The European Union launches the "EU Inc." program, aiming to create an ecosystem of startups to rival economies like the United States. 7. Iran vows to retaliate against attacks on oil facilities in three Middle Eastern countries after its energy facilities were attacked. 8. Iran's Revolutionary Guard says it will launch its "toughest" strikes against the US and Israel. 9. Israeli Defense Minister: The Iranian intelligence minister has been killed, and the Israeli military has been authorized to kill any senior Iranian officials. 10. The US Treasury Department issues a general license related to Venezuela.