March 6, 2026, Friday, Lunar January 18, Good morning!

1. People's Bank of China: On March 6, will conduct 80 billion yuan 3-month fixed-term reverse repurchase operations through fixed amount, interest rate bidding, and multiple price levels.

2. Government Work Report: The main expected economic growth target for 2026 is 4.5% to 5%, with a deficit rate planned around 4%.

3. Budget Draft Report: China's defense expenditure in 2026 is 1.909561 trillion yuan, a year-on-year increase of 7%, marking 11 consecutive years of single-digit growth.

4. 2026 Hurun Global Rich List: Elon Musk tops the list with 5.5 trillion yuan, Zhang Yiming remains China's richest with 550 billion yuan.

5. China's futures market in the first two months of 2026: The total transaction volume nationwide is approximately 155.85 trillion yuan, up over 55% year-on-year.

6. Guangzhou launches cross-border RMB settlement service for housing provident fund, marking the first time nationwide that government and public services enable cross-border RMB payments.

7. Sungrow Power Supply and Hassan Allam have partnered to secure part of the 1.65 GW photovoltaic project in Egypt, another significant breakthrough in Africa's centralized photovoltaic market.

8. China News Agency: Wealth management companies are intensively adjusting performance benchmarks, with some products reducing rates by over 100 basis points.

9. The Long March 8A rocket will make its first flight in the Year of the Horse on March 13.

10. Israel announces plans to reopen its airspace on March 8.

11. Seven major US tech giants signed a pledge for autonomous power supply at the White House; the International Energy Agency predicts that by 2030, global data center electricity demand will double to 945 terawatt-hours.

12. US and Venezuela restart commercial flights interrupted for six years: American Airlines approved to resume flights to Venezuela.
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