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Recently, due to the Middle East situation and rising international oil prices, plastic futures have experienced increased volatility. A phenomenon of truck queuing has appeared in the Changshu Wood Market in Dongguan, but no actual "supply disruption" has occurred. Local analysts believe the situation is due to concentrated pickup and weather factors, logistics have returned to normal, and overall supply remains stable.

People Finance News March 12 — The Fourth Session of the 14th National People's Congress passed a resolution on the government work report through voting. (Xinhua News Agency)

People Finance News on March 12 reported that domestic commodity futures closed with the following movements: paraxylene main contract hit the daily limit up, LU fuel oil rose over 14%, crude oil rose over 11%, PTA and polyester chips rose over 10%, fuel oil rose over 9%, short fiber rose over 7%; apple fell over 3%, Shanghai silver and palladium fell over 2%, lithium carbonate fell over 1%.

The 2026 China Home Appliance and Consumer Electronics Exhibition (AWE2026) debuts a new "one exhibition, dual zones" model for the first time, bringing together international exhibitors and driving technological innovation. The exhibition is divided into a new international exhibition area focused on "AI+ Ecosystem" and an Oriental Hub representing cutting-edge technology, showcasing the latest products and technologies across multiple sectors while providing visa convenience and efficient cross-border collaboration opportunities.

People's Financial News, March 12 — Iran's Foreign Ministry spokesperson Ismail Bagaei posted on social media platform X on the 11th, accusing German Foreign Minister Baerbock of bias toward Israel and "standing on the side of the aggressor." Bagaei reposted Baerbock's post on X platform following her visit to Israel, accusing her of "ignoring the facts of Israel's attacks on Iran and killings of Iranian civilians," including a U.S.-Israeli airstrike that killed at least 165 people at a primary school in Minaab, Iran, with most of them being children. Bagaei concluded: "Those who ignore injustice and atrocities ultimately stand on the wrong side of history." (CCTV News)

# People's Finance News, March 13 — Correspondent learned on the 13th local time that Finnish President Stubb stated at a press conference held at the Presidential Palace that day: "Finland will not become a nuclear weapons state, and Finland will not deploy nuclear weapons." When asked whether Finland might possibly deploy nuclear weapons during peacetime, Stubb said, "Finland does not need nuclear weapons during peacetime." He stated there is no reason to worry that Finland will become a nuclear weapons state, "What we are doing now is updating our NATO membership. We have never participated in NATO's nuclear weapons planning before." (CCTV News)

The U.S. Congress has expressed concerns about the application of artificial intelligence in Middle East military operations, calling for strengthened regulations to ensure human involvement in major decision-making. Meanwhile, AI company Anthropic has filed a lawsuit over being listed as a supply chain risk entity, receiving support from tech giants.

China's egg industry is undergoing transformation and upgrading, pursuing high quality and safety across breeding management, breed development, and deep processing. By enhancing egg safety and traceability through digital management and nutritional research, domestic breed sources are breaking import monopolies and promoting local breeding. Future development will achieve high-quality growth through industry chain collaboration and talent training.

The government work report, in deploying the key task of "accelerating high-level scientific and technological self-reliance and self-strengthening," proposes to promote the spirit of scientists, deepen reforms of the science and technology evaluation system, and optimize the environment conducive to original and disruptive innovation. Currently, what are the remaining difficulties in reforming the science and technology evaluation system? What is the hardest "tough bone" to crack? Should the evaluation system introduce "market evaluation"? During the 2026 National Two Sessions, Chen Jin, director of the Technology Innovation Research Center at Tsinghua University, provided detailed interpretations of the above questions in an exclusive interview with Securities Times reporters.
"As a researcher who has long focused on the field of technology innovation management, I believe that the reform of the science and technology evaluation system has entered the 'deep water zone.' The biggest 'tough bone' is not in the technical level adjustment of indicators, but rather in the deep restructuring of the evaluation power structure and the fundamental shift of evaluation logic," Chen Jin said.

People Finance News, March 13 — According to reports obtained locally on March 12, the U.S. Treasury Department announced that amid recent Middle East tensions driving up oil prices, the United States will temporarily ease sanctions on certain Russian oil. (CCTV News)

Guojin Securities' Mou Yiling pointed out at the spring strategy conference that market attention on AI has shifted from light assets to heavy assets, emphasizing China's attractiveness as a "HALO asset." Meanwhile, he analyzed the global economic situation, believing that current US-China economic cycle opportunities outweigh risks, and is optimistic about the recovery potential of sectors such as energy and industrial metals.

People Finance News, March 13: According to information from the Guizhou Provincial Commission for Discipline Inspection and Supervision, Wang Zhenyi, Party Group Secretary and Chairman of the Board of Directors of the Guizhou Supply and Marketing Cooperatives Federation, is suspected of serious violations of discipline and law. He is currently subject to disciplinary review and supervisory investigation by the Guizhou Provincial Commission for Discipline Inspection and Supervision.

People's Finance News March 12 – As of now, southbound funds have net purchases exceeding 9 billion Hong Kong dollars, of which Stock Connect (Shanghai) purchases exceeded 4.5 billion Hong Kong dollars, and Stock Connect (Shenzhen) purchases exceeded 4.5 billion Hong Kong dollars.

People Finance News on March 12 reported that WTI crude oil futures narrowed gains to 5%, after earlier rising nearly 10%.

People Finance News, March 13 – The Financial Regulatory Administration, Ministry of Finance, and Ministry of Agriculture and Rural Affairs issued a notice on strengthening collaboration to promote high-quality development of swine insurance. It proposes perfecting product supply. Insurance companies are encouraged to develop insurance products for various segments of the swine industry chain and support localities in developing piglet insurance according to actual conditions, providing more comprehensive insurance protection for breeding farms and farmers. The model clauses for swine insurance should be improved to raise product standardization levels. All regions must dynamically adjust insurance coverage amounts based on changes in swine production costs and market prices, and strictly prevent moral hazard.

ASEAN foreign ministers held a special meeting on March 13 to discuss the impact of the Middle East situation on regional economy, energy security, and public safety, calling for a halt to hostile actions and focusing on energy supply chains and macroeconomic stability. The Philippines urged member states to safeguard public safety.

People's Finance News, March 13 — On March 13 local time, Slovak Prime Minister Fico released his letter to Ukrainian President Zelensky, demanding that Ukraine resume transit transportation of Russian oil. The letter mentioned that if the "Friendship" pipeline is damaged, EU Commission and relevant national inspection teams should be allowed to assess the degree of damage. Fico simultaneously called on Zelensky to accept the EU Commission-funded repair plan and maintenance support provided by Slovakia. He pointed out in the letter that Ukraine's suspension of oil and gas transit has caused significant economic losses to Slovakia. (CCTV News)

According to customs statistics, Guangxi's foreign trade import and export reached 142.27 billion yuan in the first two months of 2026, a year-on-year increase of 13%, reaching a historical high. Among them, import and export with ASEAN reached 66.37 billion yuan, accounting for 46.7% of the total value. Meanwhile, Guangxi actively expanded markets in Latin America, Africa, and the Middle East, with related import and export showing significant growth.