Single increase in profit again provoked controversy and profitability “gap”

Posted in Economy News

  SASAC has recently started public single of 2010 “transcripts”. 120 single total net profit of 852.27 billion yuan, from the 42.8%. Among them, oil at $ 124.18 billion in net profit to be the most lucrative single, petrochemical industries at $ 270.54 billion in net profit to be the most profitable industries.   For such a beautiful “report card”, people seem to still not satisfied. Some of these problems also attracted some criticism. Henan University of Economics and Law Institute of market economy Fan Ming believed that 120 single, petrochemical profit net profit accounted for all of the top three single [...]

G20 Summit in Cannes seeking economic good consensus needed observations

Posted in Economy News

  2011 Summit of Group of 20 (g-20) will be held November 3 at France held the southern coastal city of Cannes. France earlier this year when you took over the Presidency of the g-20, identified three priority issues: reform of the international monetary system, contain the excessive volatility in raw material prices in the international market and global governance. Some analysts believe that this year, European debt crisis continues fermentation, may become difficult to avoid the other issues, but after some delegates had position has no intention of adding topics, so this meeting on this issue difficult to obtain tangible [...]

Chinese merchants in China’s economy into the European backing for business development in the crisis turning point

Posted in Economy News

  According to voice of the global Chinese language broadcasting network reported, United States subprime storm is hitting the world’s financial markets, its effects have been known by European countries, mainly in housing prices continue to rise and rapid expansion of housing mortgage loans of commercial banks, and various household articles of price increases, and so on. This strong shock wave, affect the extent and conditioned by the overseas Chinese and ethnic Chinese living in Europe? Local Chinese businessmen and what measures had been taken? We wired Belgium Chinese radio reporter Liu Yang.   Moderator: Liu Yang, Hello! Growing ferment of the [...]

Decompression, continued to fall, domestic steel shipments into businesses first choice

Posted in Economy News

  After a full week of collapse within the domestic steel market remains in a downward path, but declines narrowed. Famous steel information agency “my steel” provides up-to-date market intelligence report, domestic steel production fell back, optimistic to some relatively optimistic business reasons but more businesses are pessimistic, ship decompression became their primary choice.   According to the monitoring, within the last week, the domestic steel market continued to fall, but decline has shrunk. Judging from the overall situation in the market, due to the cooler weather, demand for steel city has gradually entered the off-season, light sold hard to have a [...]

The WTO ten years of rapid economic development of Chinese scholars called for continued reforms

Posted in Economy News

  New Beijing, October 30 (Xinhua Zhao Jianhua Liu Yuying) 30th by newspaper media group in South China’s “WTO ten years General Forum” held in Beijing. Comb over the past 10 years of development gains and losses while attending the Chinese scholars hope to continue to promote reform.   Domestic large-scale production of cheap labor will ultimately “Chinese” export to Western, even past 10 years 30 years this pattern in China made great success, economies expanded rapidly. 2008 international financial crisis, these patterns are facing increasing challenges. The State Council Min Tang believes that as China’s wages increased savings growth, Western countries, [...]

Qantas halted all flights to Beijing Capital International Airport will not be affected

Posted in Economy News

  Under the influence of 3 major trade unions strike, Qantas Airways announced that with effect from 29th (Australian EDT) grounded all domestic and international flights. But Qantas subsidiaries QantasLink, Jetstar, Jetconnect, and freight service will be up and running. The Qantas grounded all flights will involve Australia 22 airports 108 aircraft. This reporter learned that Beijing Capital International Airport will not be affected.   Qantas this “psychic suicide” because for months, caused by strike company lost a $ 15 million a week. It is reported that Qantas will provide full refunds to passengers for flight cancellations, passengers can also choose to [...]

United States Secretary of Commerce before: what the world economic growth in China

Posted in Economy News

  United States former Commerce Minister and incumbent Vice Chairman of Citibank, Carlos Gutierrez here on the 30th, circulated to hundreds of members of the multinational corporation representatives said in a written speech, United States is about average for the world economy, but China’s decision to world economic growth.   30th International entrepreneur, Mayor of Shanghai consultation meeting to be held on the 23rd meeting, Gutierrez was invited to a keynote speech.   He said that when old power and the rise of upstart at the time of the same political and economic space of encounter, the two sides will maintain vigilance to [...]

China’s consumption save Europe? European airlines the central route lifeline

Posted in Economy News

  Zhongxinwang, October 30 (financial channel Wang Shuo) Although the European request to China economic assistance has been concluded, but Chinese folk “saving Europe” action is well under way.   As the demand for Chinese consumption power and rising, Europe has become the Chinese consumption energy release of one of the largest destination, which Europe is undoubtedly good news for the purposes of an economic downturn. On the major airlines have increased European routes to meet the growing outbound Chinese demand and Central routes have gradually become the major airlines in Europe in the face of the financial crisis one of the [...]

O airlines grounded all flights or affect the whole tourism chain (figure)

Posted in Economy News

  Loss of 20 million dollars a day will be on strike suspension without pay   According to Xinhua News Agency, Chief Executive of Qantas ailun·qiaoyisi emergency press conference in Sydney said his 29th early morning decided to stop flying. The decision was approved by the Qantas Board.   ”In fact, I boldly making grounded decisions, it is an incredible and difficult decisions. ”   Labour dispute going on for several months could not be resolved   By Joyce, the company’s management and the Union representing the pilots, engineers and ground staff before agreement on wages and working conditions, grounded all 108 aircraft.   Joyce could [...]

Farmers cooperatives can solve “small market” dilemma?

Posted in Economy News

  30th in Chengdu on the opening of the ninth China International Fair of agricultural products, over more than 300 farmers ‘ cooperatives collectively appeared for the first time. Brings a colorful exhibition of agricultural products, while also demonstrating to the public around the circulation in the cooperatives in the Organization, production, sales of advanced concepts and practices. According to data from the Ministry of agriculture, by the end of June this year, farmer cooperatives have been registered in the industrial and commercial administrative departments amounted to 446,000 households, there was a member of 35.7 million households, the country’s farmers new [...]