GDP is expected to grow this year, Guangzhou 11%

Posted in Economy News

  The 2011 published the analysis of the economic situation and prospects for 2012, Guangzhou Guangzhou’s GDP is expected to increase this year 11%   Yesterday, Guangzhou Research Institute of University of Guangzhou development published analysis of the economic situation, Guangzhou, Guangzhou economic blue book 2011 and 2012 prospects. Guangzhou Bureau of comprehensive development of Guangzhou, Guangzhou University joint research group, Research Institute prediction around Guangzhou expected GDP growth this year 11%, basic resources such as electricity prices and the price of water price reform will become a new factor in CPI rose.   Under the authority of the report data summarizes 2011 [...]

Constructing the new public service unit reform of top layer design patterns

Posted in Economy News

  Recently, the classification of the CPC Central Committee and the State Council on promoting the reform of institutions of guidance (hereinafter referred to as the guidelines) full-text publications, built around 2020 goals of the public service system with Chinese characteristics, has made a series of new strategies, new ideas and new initiatives. This is the first time since the founding of new China to top design reform in public institutions and systems planning, is the global reform of the Party Central Committee and the State Council development start to make major strategic plan, indicates that China’s reform and development institutions [...]

Thorough investigation of issues of marine ship 55 issues of Yangtze River ships were prohibited from Hong Kong

Posted in Economy News

  All carried out recently in the Yangtze River Yangtze River maritime sector special inspections for the manning of ships and crew certificates, a thorough investigation of the ship “insufficient Manning,” “inconsistent witness” highlights issues such as, inspected ships since nearly a month had made, and found 461 had made illegal ships, 55 issue ship is prohibited from leaving Hong Kong.   According to the Yangtze River maritime affair Bureau Secretary Wang Rujun introduced, the scope of the examination, including the inland navigation in the maritime area of the Yangtze River shipping, cruise in Yangtze Chinese ships of 5,000 tons gross and [...]

Cool Sino-Philippine trade impacts multiple industries

Posted in Economy News

  ”Now all the Philippine exporters to China are very worried, they have lots of bananas are rotten at the pier. “On May 14, in Chinese-language newspaper business newspaper reporter Zhuang Ming of lamps in overseas call on the daily economic news reporters. Recently, economic and trade exchanges between China and the Philippines as the huangyan Islands fermentation began some of the effects of the event. According to media reports in the Philippines, banana exporters in the Philippines, as of 11th, China continued to refuse to let 1500 containers of banana in the Philippines to GATT. At the same time, the [...]

Misread the market managed to signal

Posted in Economy News

  In May, real estate market regulation integrated effects begin to emerge: 70 overall hit House prices for a few months, growth in real estate investment and commercial housing trading volume continued to decline, land flows, stocks surge in housing and enterprises, developers ran out of funds, bankrupt enterprises sth A series of stinging reality of local economy and industry stakeholders, testing the rigidity of regulatory policy.   Is to continue to adhere to the regulation of “unwavering”, or in the results appear right after “away”, a local “fine” as the decision difficult challenges of the sector in the near future.   The [...]

Hebei partial hospital doctor paid after first solve the problem of hospital your

Posted in Economy News

  Family income only lost some of nanpi County, Hebei province Wang Sizhen Xing Jiu villagers Xu Jichang, suffering from serious heart disease. At the local hospital “after the doctor paid” before the model he has been “to drag and drag”; now, he has no worries, nanpi County Chinese medicine hospital after treatment in a better condition, “a few days, I will be able to discharge, can work under a”.   ”The difficulty and high cost” is the Chinese society today “ills”. According to a survey of the Ministry of health show that about nearly half the residents ill not to seek [...]

Zhejiang rural low-voltage invested 1.5 billion Huimin 460,000

Posted in Economy News

  CNS, Hangzhou, May 16 (reporter Xia Yi)-reporter today learned from the Zhejiang Province electric power company, low-voltage control after more than two years, Zhejiang has been solving the problems of rural low voltage current. In April, the city, Zhejiang 99.9947% network power supply reliability, an increase 0.02%, 99.9117% power supply reliability of power NET, an increase of 0.15%.   ”After your low voltage control, now TV, air conditioner, water heater, electric water pump with go would be all right, thank you. “A few days ago, in low-voltage comprehensive management review, Lishui, Zhejiang Qingyuan zhucun mushroom farmer Wu Shoucheng told reporters with [...]

Head for new drinking water standard

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  Since its founding, the drinking water standards have been amended 5 times now “should do” is the drinking water health standards (GB 5749-2006).   In 1985 on the promulgation of standards (GB 5749-85) a total of 35 indicators, organic items only 4 of them, in accordance with the realities of water pollution is mainly inorganic pollution.   With the change of natural environment and the types of pollutants, indicators must be adjusted. In December 2006, Ministry of health and the national standards Committee published a new national standard (GB5749-2006), gross position indicator increased from 35 to 106.   The mandatory standards, implemented on [...]

VII session of the Expo in six provinces in central China pushed over 7,000 project

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  At its seventh session, to be held May 18 in Changsha China Central trade investment Exposition, has brought together the world’s attention in the economic field. Ho Cheung 15th Vice Governor of Hunan Provincial Government introduced, merchants currently has confirmed its attendance has exceeded 30,000. Announced at the same time the Central six provinces have filtered 7,212 project.   From Expo organizing Committee of statistics displayed in the seventh, Xiang also includes students from 73 countries and regions participating 327 merchants. Most of the top 500 enterprises in China, industry leaders will also participate. As of undertaking industrial transfer in eastern [...]

April FDI down 0.74% for 6 consecutive months of negative growth

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  Sorrow hung a further easing of data draw a bow   The Commerce Department said yesterday, April 8.401 billion dollars of foreign capital actually used, annual fall 0.74%, 6th consecutive month of decline. After the National Energy Board announced that fixed electricity consumption rose by 3.7% in April, an increase since its January 2011 16 month low. Industrial electricity consumption only increased by 1.55%. 11th NBS, April 9.3% above-scale industrial added value of an actual growth in March, representing a decline of 2.6%, growth fell below 10% for the first time since June 2009.   Data of a mourning Hong, China’s “hard [...]

SME private equity debt fading industry appeals to consummate risk compensation

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  In the recently held “stock company innovation development seminars” on the Shenzhen Stock Exchange General Manager Song Liping said pilot will be launched as soon as possible of small and medium private-debt. Zhang Yujun, General Manager of Shanghai Stock Exchange also said publicly, is actively preparing to launch the SME private placement bonds in Shanghai Stock Exchange, continues to expand the scale of bonds listed, private pilot on a debt, and first in the small and medium enterprises. Two Exchange and voice to advance the development of this market, cannot help but market speculation that concerns financing the new tool [...]

Survey shows teachers ‘ salaries comparable to Africa’s global insurance excess

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  International online zhuangao: recently, the Korea media reported, according to a survey, Korea teacher dissatisfaction with his work, 81% of people don’t feel happy. Zhiqian, United States according to a survey, teachers ‘ salaries are lower than many countries, China, in the 28 countries surveyed almost bottom, lags far behind peers in Ethiopia even wages.   Korea capturing teachers unhappy   According to Korea’s Chosun Ilbo newspaper reported on May 15, Korea Federation of teachers ‘ associations (the Federation of Teachers Associations) to 3,271 teachers nationwide survey, 81% Korea teachers are not happy. In the past two years, the steep decline in [...]

Nearly 9,000 fishing in Hainan will enter the fishing moratorium

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  Most of the sea will be held on May 16 to the South China Sea into a 2.5-month moratorium period. According to the marine fishery sector statistics in Hainan Province, fishing vessels up to 8,994 in Hainan Province this year, will be introduced during the fishing period “ship into port, the card set, network storage, people ashore” management, ensure that all fishing vessels fishing in Hong Kong on time.   Xinhua, Hainan fishery VMS statistics of the Office of marine and fisheries, fishing boats in Hainan Province this year 38% of the total number of fishing vessels across the province, involving [...]

More than 30 more than 90 provincial officials were investigated for corruption of judicial responsibility

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  Ministry website 15th issue of the national corruption prevention Bureau Deputy Director Cui Hairong recently participated in the Hong Kong independent Commission against corruption statement at the Fifth International Conference. Cui Hairong introduction, 1982 in 30 years, was punishment for violation of party and Government discipline of party and Government personnel to more than 4.2 million people, where provincial officials, 465; due to corruption of judicial accountability is the provincial officials of more than 90 people.   Cui Hairong said, the CPC and the Chinese Government has always attached great importance to combating corruption, pure party members and the civil service. [...]

Expert: private hospital development needed to address four problem

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  Held at the Chinese Academy of social sciences, 15th “seminar on social capital to enter the field of medical services” which experts said that further development of private hospitals need to face up to the policy “glass door”, excessive pursuit of profit, its weaker, four issues of social prejudice.   According to the information provided by the Chinese Academy of social sciences, public hospital occupies a dominant position in the current medical system, although a large number of private hospital, but still struggling to compete with public hospitals. Data display: 2009 47.6% per cent of the total number of hospitals in [...]

Shanghai April fixed asset investment up before falling 0.4%

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  Shanghai Municipal Bureau of statistics data showed the latest, January-April, Shanghai 122.38 billion yuan investment in fixed assets, over the same period last year fell by 0.4%.   In the three major areas of investment, urban infrastructure investment 17.728 billion yuan, down 25.8%, industrial investment of 30.975 billion yuan, an increase of 19.8%; real estate development investment of 61.318 billion yuan, down 0.1%.   Three major industrial investments, primary industry to invest 123 million dollars, a drop of 35.1%, secondary industry investment of 30.975 billion yuan, an increase of 17.3%, tertiary industry investment of 91.282 billion yuan, down 5.2%.

Telecommunications deployment in 2012 in flood season of Guilin communications guarantee work

Posted in Economy News

  Beginning in late April, weather in Guilin area larger, thunderstorm weather seriously affect the security of communication networks. Telecom Operations organization in Guilin, adopt various measures to seriously address, ensure a smooth running communications networks.   Before the flood season approaching, Telecom carefully combed flood in Guilin communications guarantee plan, four key safeguards to do flood control and emergency work. Is strengthening the management of emergency communication supplies and emergency key check. Second is organizing clean up emergency supplies for flood control, and test your satellite phone terminal for call. For flexible scheduling, stands ready to provide support. Third, adjust the [...]

Department of Shandong Province: structural contradiction to training to relieve the employment

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  ”Any time you cannot ignore the development of labour-intensive industries. Labour-intensive is not necessarily low added value, not necessarily poor economic benefits, not necessarily so no brand. In high-tech industries are also labour-intensive sectors, labour-intensive industries are high-tech, the key is the ability to plan, develop, and plan well. “On the 15th, held a forum on employment in the province, said Han Jinfeng, Director of the Office of human resources and social security in Shandong province, the province labour oversupply situation would not change in the short term, long-term total contradiction exists. As the developments in the situation, that do [...]

Fall in oil prices on hechi hearing taxi prices

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  Oil price correction had almost a week, taxi fuel surcharge is not seen as much loose.   The business journal survey found that before the comparison “rapid response” with rose, as of now, only reduced taxi fuel surcharge in Shenzhen City, other cities almost broke even in oil product prices down on the day, hechi city, Guangxi public hearings held in fuel prices.   ”Follow up don’t fall” phenomenon, experts believe that this is the oil price linkage mechanism of unsatisfactory performance, part of the city should renew standard linkage mechanism.   Falling market prices   According to the business journal, comb, on March [...]

Lithium battery “bull market” needed a rational

Posted in Economy News

  After running for eight years in the heavy fog, lithium-ion battery industry is expected to usher in the first “road signs”.   On April 18, State discussion by has energy saving and new energy car industry development planning (2012-2020 years) under (Xia said planning under), clear has to pure electric drive for car industrial transformation of main strategy orientation, promotion universal non-plug electric type of mixed power car, and made has in 2015 pure electric and mixed power car Trojan production sales reached 500,000 car, to 2020 years over 5 million car of target.   The promulgation of the plan, causing great [...]

Amount of foreign capital actually used per cent drop in China 0.74%

Posted in Economy News

  Ministry spokesman Shen Danyang pointed out that the actual utilization of foreign investment in China continuing negative there are external and internal reasons. On one hand, weak overall growth in the world economy, impact of global direct investment is very large. UNCTAD has recently released a report, both greenfield investment and scale of transnational mergers and acquisitions in the first quarter of this year fell, so cautious about FDI prospects for the whole of the world. Another very important external reason, is the United States, European Union countries to encourage return, increasing foreign investment policy preferences to developing countries, China’s [...]

White electric industry restructuring self-help

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  White cold wave struck, high-end became many of the winter operation of benign, but high-end tiger balm?   Last year, white-power industry are suffering. Since 2009 topped the first Kingdom of white goods, white the strong in China after running all the way, now it was straight cold chills.   In 2011, the confusion from the high expectations, at the beginning of year, numerous internal adjustments at the end, a series of actions allow consumers and people in the industry are worried. First quarter of 2012, China white power market started a negative, their increase in sales volume and sales have fallen [...]

“Photovoltaic thermal inhibition” aftermath

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  Paper restrictions make photovoltaic Lakes set off waves again.   During the two sessions this year, Premier Wen Jiabao pointed out that in the Government work report, “strengthening of overall planning, suppression of blind expansion of solar energy, wind power and other industries. “For many lower-end solar PV companies to needles.   Government’s stance was interpreted as the most severe in the history, but also the highest level of sanctions. Huang Ming, Chairman of Huang Ming solar energy had previously told reporters that “Suppression of blind expansion of industries such as solar energy, wind power,” like a double edged sword, it eliminated [...]

Quanzhou branch of China small and medium enterprises Association Management Center to be set up

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  Economic center of Quanzhou in Fujian province, one of the three Center City in Fujian province, maintained for 13 consecutive years in Fujian province economy first. At the same time, Quanzhou city group in 20 cities of the West Bank of the Taiwan Straits economic output of the highest, is the urban agglomeration of Quanzhou Bay economic zone on the West side of the Straits of one of the three central cities.   2011 GDP amounted to $ 427 billion in Quanzhou, financial revenue reached 50.036 billion yuan, general budget revenue of 24.209 billion yuan, above-scale industrial output value of 824 [...]

Lanzhou scrutinizing the biotechnology industry to create the first cluster

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  ”Build Lanzhou halal bio-industrial park now has a national religion, industry clusters, four clear advantages of product certification, factors of production”. Niu Xiangdong, Vice Mayor of Lanzhou city in today’s first halal bio-industry forum said at a news conference in Lanzhou, China.   Introduction to Niu Xiangdong, Lanzhou to create Muslim industrial park has four clear advantages of biological products. Is a national and religious superiority. Lanzhou distribution center as a cattle and sheep breeding, scrutinizing the biotechnology industry to provide adequate protection of raw materials. Second industrial cluster. Amin bio as a leader of the Muslim high-tech biological products Corporation, [...]

Deployment of Agriculture Working Group on prevention and control of diseases and pests of wheat at booting stage in 9 provinces

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  Reporter learned that, at present, JAC, in Huang-Huai wheat in the Northwest, North, one after another into heading, flowering, grain filling phases, is the critical period of grain weight of attack, high-yield posture significantly. According to the national network monitoring in the near future and forecast of major crops diseases and insect pests, diseases and pests of wheat at booting stage one after another into the peak, anti-aircraft heavy task.   May 16, Ministry of agriculture issued strengthening wheat spike period pest control emergency notification, requirements around to spike period disease insect control as win grain harvest of important task, to [...]

The State Council: provision of 2.2 billion to support promotion of energy-saving lamps and LED lamps

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  According to the Central People’s Government’s website message, Prime Minister Wen Jiabao of the State Council Executive meeting of the State Council held on May 16, through the national system of basic public services “Twelve-Five” plans, research policy measures to promote the consumption of energy-efficient appliances and other products.   Conference research product of consumer policy measures such as the promotion of energy-efficient appliances, decided to arrange financial subsidy $ 26.5 billion to start promotion in line with standard air conditioning, flat-screen TVs, refrigerators, washing machines and water heaters to promote tentative one-year period, arranging for $ 2.2 billion in support [...]

Wenzhou officially announced to the social loan monitoring rates

Posted in Economy News

  On May 16, people’s Bank of China, Wenzhou City Branch announced that, beginning in May 2012, formal public monitoring rates of Wenzhou private lending. April Wenzhou folk debit and composite interest rate average is 21.58%, down 3.02%, fell by 0.08%.   Civil Code for financial markets monitoring and analysis, early warning and risk management are people of Wenzhou City Branch of the financial regulatory system works over the years. Since 2003, the Bank was first established in the national system of civil monitoring system in lending rates, the monitor has become a barometer of social funds, additional ballots, the analysis of [...]

Zhou xiaochuan: strengthening cooperation with the SFC, as always, support the capital markets

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  People’s Bank of China Governor Zhou xiaochuan said on the 16th at the 37th annual meeting of the international organization of securities commissions, as the Central Bank, people’s Bank of China will strengthen cooperation with the China Securities Regulatory Commission and other regulatory bodies, and, as always, support the reform and development of the capital market.

Zhou xiaochuan: gradually expanding lines of QFII and RQFII

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  People’s Bank of China Governor Zhou xiaochuan said on the 16th at the 37th annual meeting of the international organization of securities commissions, and actively promoting the development of bond markets, promoting open capital markets a full range, two-way cross-border ETF launched in due time, gradually expanding lines of QFII and RQFII, support operators actively go out and continue to improve the efficiency of capital markets.

Zhou xiaochuan: increasing international financial cooperation

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  People’s Bank of China Governor Zhou xiaochuan on the 16th at the 37th annual meeting of the international organization of securities commissions proposed, strengthened international financial cooperation, strengthening of global systemic importance, shadow banking, commodities, credit rating agencies, the remuneration mechanism and regulation of the derivatives market, strengthening the system of risk identification, early warning, prevention and management mechanism.

Zhou xiaochuan: good grasp of developing government bond futures commodity options and interest rate swaps

Posted in Economy News

  People’s Bank of China Governor Zhou xiaochuan said on the 16th at the 37th annual meeting of the international organization of securities commissions, capital market development depends on further reform and innovation. He suggested that, lose no time in developing government bond futures, commodity options, interest rate swaps and other financial tools, find pricing and risk management for the real economy to provide indirect support   He said that capital market as a platform for optimizing the allocation of resources, capital markets should speed up the pace of reform, focusing on breakthrough in three areas.   First, the ability to further improve [...]

The State Council: 26.5 billion subsidies for energy-efficient appliances product consumption

Posted in Economy News

  Premier Wen Jiabao of the State Council Executive meeting of the State Council held on May 16, through the national system of basic public services “Twelve-Five” plans, research policy measures to promote the consumption of energy-efficient appliances and other products.   Conference research product of consumer policy measures such as the promotion of energy-efficient appliances, decided to arrange financial subsidy $ 26.5 billion to start promotion in line with standard air conditioning, flat-screen TVs, refrigerators, washing machines and water heaters to promote tentative one-year period, arranging for $ 2.2 billion in support of promoting energy-saving lamps and LED lamps, arranging for [...]

The State Council: start energy-saving home appliances subsidies a year reinforcing 26.5 billion

Posted in Economy News

  Premier Wen Jiabao chaired the State Council Executive meeting   Discussion by the national system of basic public services “Twelve-Five” programme   Research policy measures to promote the consumption of energy-efficient appliances and other products   16th Premier Wen Jiabao chaired the Executive meeting of the State Council, through the national system of basic public services “Twelve-Five” plans, research policy measures to promote the consumption of energy-efficient appliances and other products.   Meeting notes that “Eleven-Five” period, basic public service system construction of China achieved notable results, provided by the Government, and to ensure the basic survival and development needs of all citizens formed [...]

Chinese foreign exchange accounted for reproduction of negative or influence on monetary policy

Posted in Economy News

  Bank of China, the latest statistics show that China foreign exchange accounted for the first 4 months of this year amounted to $ 25,588,821,000,000, in April, one-month foreign exchange accounted for a net decrease of $ 60.571 billion.   It is reported that this is the monthly Foreign Exchange account for negative growth for the first time since this year. In the first few months of the year, the data has a certain growth in March, China accounted for more than $ 120 billion of foreign exchange growth.   Analysts believe that under the current complicated economic situation at home and abroad, [...]

Yiwu issued “headquarter economic zone” first business license

Posted in Economy News

  Accelerating the construction of Headquarters economic zone is to promote the development of Yiwu industrial transformation and upgrading of important content. The afternoon of May 15, Headquarters economic zone, Yiwu, Yiwu city, first settled in enterprises Yik knitwear Ltd head of administrative service center Yiwu industry and Commerce Office window received a tax registration certificate, corporate code certificate, business license. At present, over more than 10 intends to moving Headquarters economic zone enterprises in Yiwu Yiwu industrial and commercial departments put forward names of the pre-approved applications.   According to the business leaders Chen Zhongyi introduced, in Zhongshan city, Guangdong Province [...]

Domestic expansion of foreign dumping of nucleotide prices “waterfall” crash

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  Flavor nucleotides as a food additive, due to its fresh effect of significantly increased in recent years by more and more food, condiment manufacturers to loved. As a result of too much attention, this small industry now becoming overcrowded, deeply, malicious prices, overcapacity and low price dumping problems plague.   Size of the earliest production of flavor nucleotides enterprises, Guangdong Zhaoqing Star Lake (600,866), project to produce 1000 tons. More than 10 years, after several expansion and expansion, extending the scale of annual output of 10,000 tons. In nearly three years, company flavor nucleotides disodium domestic annual sales about 5,000 tons, [...]

Putting water security guarantee open materials in the “loan shark” Starbox area or the black hole

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  Custody of ownership doubts the guarantor that carry the can   ”Not a penny, buy a blanket no money”, a shareholder who King investment co, Ltd Jiangsu China describes the status of enterprises. A down at the company happened such a lawsuit, May 16 products (600,704) notice, subsidiary of Yuan Tong leased a principal loan sued the Wonderland company and ask them to return some $ more than 43.82 million principal.   Despite 253 shops as a mortgage and two natural persons and enterprises to guarantee high interest rates of lending in the property may still be wiped out. China Securities News [...]

Zhou asked China to quicken the pace of reform of capital market to three requirements

Posted in Economy News

  Beijing, May 16 in the people’s Bank of China Governor Zhou xiaochuan said on 16th, during the key to speeding up the transformation of mode of economic development in China, should bear the historical responsibility of capital markets, speeding up the pace of reform and innovation.   Zhou xiaochuan said, people’s Bank of China will strengthen cooperation with other agencies, actively promoting the development of bond markets, promoting the all-round opening of capital market, and launch cross-border ETF, and expand the scale of QFII and RQFII.   Zhou xiaochuan was said at the annual meeting of the international organization of securities commissions [...]

Billions of dollars in foreign support single sea

Posted in Economy News

  On May 10, people’s Bank of China (hereinafter referred to as the Bank) is currently working with the State Council according to its new holding company limited (hereinafter referred to as the new company), and Central Bank will spend US $ 10 billion in foreign support single overseas investment development. The news caused some market players questioned, they pointed out that the single most lack is not money, but their competitiveness enhanced.   According to the Oriental Morning Post reported, sources said, China’s Central Bank plans to come up with 10 billion dollars and the deliberations of the Commission its new [...]

2011 national tourism investment $ 2.67 trillion

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  Tourism tourism management system according to the 2011 national tourism project total investment of up to $ 2.67 trillion new Trojan, when actual investment 206.426 billion yuan.   Tourism member, planning, Financial Secretary Wu Wenxue 16th said at a news briefing here, from the perspective of investment main body structure, investment in private enterprises account for 39%, followed by the Government and State enterprise investment, and 25% respectively, bank loans account for 23%.   From the perspective of regional distribution, central tourism investment in the big East. Actually complete the national proportion of investment in the East of 53%, the central region [...]

2012 local government bonds issued by Treasury agents to issue payment methods

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  On the issuance of the Treasury agent 2012-year municipal bonds issued notification of payment method   Finance library [2012]46   All provinces, autonomous regions, municipalities, separately listed cities financial offices (bureaus), book-entry Treasury bonds syndicate, registration and clearing limited liability company Central Treasury bonds, China Securities Depository and Clearing Corporation, Shanghai Stock Exchange, Shenzhen Stock Exchange:   Work for 2012 Treasury agent issue local government bonds, according to the relevant laws and regulations, enacted the local Government Treasury agent 2012 year Treasury bond payment procedures, is issued to you, please follow.   People’s Republic of China finance   On May 8, 212   2012 local government [...]

China’s import of methyl ethyl ketone notice of anti-dumping measures is about to expire

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  China Commerce 16th publishing 2012 22nd, notice, said for originating Yu Japan, and Taiwan area and Singapore of imports methyl b ketone of anti-dumping measures since on November 22, 2007 up implementation, as China mainland industry or representative China mainland industry of natural, and corporate or about organization is not by provides made review application, in the anti-dumping measures due recently, China Commerce also is not active launched closing review investigation, is above anti-dumping measures will Yu November 22, 2012 up terminated implementation.   From the date of announcement, representatives of industry in mainland China or mainland China industries related to [...]

CCTV new site complete acceptance of the main building sports channel will be the first entry

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  CNS, Beijing, May 16-main building of CCTV new site construction project completion ceremony was held in Beijing today. CCTV sports channel will be the first entry, and a new station building completed in 2012 London Olympic Games broadcast.   After the acceptance of the completion of the project is completed, will apply to the Beijing municipal construction Committee of CCTV main building completed. After completed by, officially launched the new relocation of CCTV.   CCTV new site located in the Chaoyang District of Beijing city’s central business district (CBD) core area, the main building of 234 metres high, the podium, the two [...]

Savers 14,000 Bank of deposit was unable to provide surveillance video

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  A few days ago, Mr Kwok in Changchun found when a bank automatic teller machine, savings of 14,000 dollars were missing 5 months ago. According to him, the money was taken from the automatic teller machines. Mr Guo Bank surveillance video in an attempt to find out the truth, but the Bank’s argument is that time exceeds elapsed surveillance video of the incident shelf life, cannot access or recover video information. Police responded to this, there are various possibilities, available evidence is not a formal investigation.   On May 15, in an interview with reporters, said Mr Guo, on November 4, [...]

Shanghai real estate market “price be aligned down”

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  Shanghai Municipal Bureau of statistics data showed the latest, 1 of this year, Shanghai 4.4258 million square meters of sales area, a drop of 15.9%, area of 3.927 million square meters commercial housing sales, a drop of 8%.   Shanghai resolutely carry out the market regulation policy, investment and speculative demand in the housing market has been largely contained. Not only residential sales volume has decreased, but prices also fell.   According to data of the National Bureau of statistics announced March Shanghai new products link index of housing stock and second-hand housing prices down and 0.2%, respectively, since last October has [...]

Nanjing announces top ten reforms within three years will be a “new Nanjing”

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  According to the voice of the national news network reported, today, Nanjing to start a new round of reforms, decentralization of Government powers over more than 120, a modified within three years, “the new Nanjing”.   This reform involves ten area, the key is to change the Government’s functions, and decentralization of power gradually to more than 120 more of the county parks and neighborhoods and communities.   Nanjing Vice Mayor Shen Jian: before the end of 2015, basically established to streamline the efficiency of administrative systems, the standard operation of market mechanisms, scientific and effective control mechanisms, equitable protection system, complete [...]

Agency project in wangcheng, Hunan Exposition 38 agreements investment of nearly 50 billion

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  CNS, Changsha, May 16-May 16, to “meet Lei feng’s hometown to build a city of hope” as the main theme of the exposition in the seventh Governor of Hunan, Shashi at the signing ceremony for the major projects of urban investment environment to promote and publish here, 38 involved in food, pharmaceutical, financial services, modern service industry and other projects in the field of contracting, contract agreement reached 47.18 billion yuan of funds.   Withdrawal after the County districts of wangcheng, from the “national top” gorgeous “capital district”, attracted the attention of many investors, at the city from the “national top” [...]

Kill two birds with one stone spread domestic demand structure of fiscal policy opens new engine

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  Leveraging energy-saving home appliances of nearly 300 billion   Executive meeting of the State Council decided that the arrangements for financial subsidies $ 26.5 billion to start promotion in line with standard air conditioning, flat-screen TVs, refrigerators, washing machines and water heaters to promote tentative one-year period, arranging for $ 2.2 billion in support of promoting energy-saving lamps and LED lamps, arranging for $ 6 billion in support of promoting the displacement of 1.6 liters and below energy-saving cars, arranging for $ 1.6 billion in support of promoting efficient motor.   Galaxy securities researcher Yuan Haoran believes that launched the energy conservation [...]

Devaluation expected to imply “hot money” or continued flight

Posted in Economy News

  European debt concerns, risk aversion, heating up the promotion again, continued strength on the dollar in the foreign exchange market since May. Meanwhile, the Renminbi exchange rate against the dollar decreased synchronization, devaluation of the currency on the market is also expected to remain high. Analysts pointed out that, since the dollar is expected to remain strong, decline in China’s economic growth exceeded expectations, expected or devaluation of the Yuan in the near future is unlikely to reverse, and may lead to outflow of short-term international capital continues, May reproduce a negative growth of foreign exchange. This background, the Central [...]

China’s Beidou satellite navigation system will significantly safeguard safety of fishing boats out to sea

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  Ran Chengqi said on May 16, Director of the Management Office of the Chinese satellite navigation system, a large number of fishing vessels in China compass is installed on users machine, application of Beidou satellite navigation system guarantees the safety of fishing boats out to sea, the consolidation and development of fishery production.   According to a zhongxinwang report, “towards the application of Beidou” as the main theme of the third opened in Guangzhou China satellite navigation annual academic day, Ran Chengqi said this when interviewed by the media. He said, application Beidou satellite navigation system, fishermen in vast sea Shang [...]

Meng jianzhu stressed: minimize drug-related social hazard

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  State, and national drug Committee Director Meng jianzhu May 16 in national drug Committee all meeting Shang stressed, to seriously implement implementation Central led comrades on drug work of series important indicates spirit, in-depth implementation drug method and drug Ordinance, in-depth promoting drug people’s war, and manpower various drug resources, active promote drug work socialization, further strengthening international law enforcement cooperation, effective combat drug illegal crime, innovation drug personnel management service, maximum to reduced drug social against.   Meng jianzhu pointed out that the continued blocking key treatment of source cutoff, and solve the difficulties, and special combat operations, strongly destroyed [...]

Reduced releases to signal the Government or the main investment

Posted in Economy News

  Macro-economic data just released in April, May 6 cut deposit reserve rate of messages followed, it goes without saying that the relationship between the two.   Central Bank reserve requirements for timely, come to the stable growth of the decline rate is the most obvious point: a bleak macro-economic data for April, not only consumption decline of export growth, but also as economic index rate of decline of industrial production growth was significantly larger than anticipated.   According to the April industrial output increased only by 9.3%, well below the market consensus forecast of 11.7%. Due to the industrial production and GDP [...]

7-day repurchase rate by almost one-year low

Posted in Economy News

  Maintain adequate liquidity in the money market Wednesday, short-term funds prices even lower, 7-day repurchase rate fell to 2.79%, nearly a year of lows.   Current liquidity sufficient trading volume in the form of the repo market to enlarge, and falling interest rates. On Wednesday, Bank pledge and repurchase transactions are sold for a total of 724.199 billion yuan, representing nearly $ 50 billion in the previous session. Most overnight on a variety of funding needs, the turnover of 648.847 billion yuan, nearly $ 25 billion a day before, weighted interest rates continued to fall, closing at 1.8315%, down 4.32bp.7 days [...]

Risk aversion, heating up the Yuan central parity rate fell to two-month low

Posted in Economy News

  Risk aversion rise massive rally the dollar index, under the influence of this, Yuan central parity rate against the dollar once fell yesterday, Yuan central parity rate against the dollar is also rare this year “six even-yin”. In view of the weak domestic economic data, devaluation of the Yuan is expected to quietly heating up.   16th against the dollar price of 6.3205, 95 basis points lower than the previous trading day, hitting a near two-month lows, this is the Yuan central parity rate against the dollar for a sixth trading day lower, 6 consecutive trading days dropped more than 400 [...]

Keep still have room

Posted in Economy News

  Recent Central Bank announced the cut deposit reserve ratio for the second time during the year, market caused many associations. Part of the funds, signal effect is greater than the real effect of this drop, despite market-driven effects does not appear, but the deposit reserve rate is still lower for the year, benchmark interest rates likely to, long-term positive factor in the accumulation of market.   The downward effect of statutory reserves, rongtong Fund believes that this signal effect is greater than the real effect of the drop.   Is a number, the statutory reserve requirements by 0.5%, is expected to be [...]

Ministry should strengthen the supervision of electronic waste

Posted in Economy News

  China will become the United States after the world’s second largest producer of electronic waste.   ”This is not scaremongering, but the authority of the United Nations. “Greenpeace pollution prevention project director Lai Yun told reporters that,” Guiyu in Guangdong also to cases of illegal transfer of electronic waste in China belong to developed countries, but domestic production of electronic garbage in rapid growth, needs to be a cause for concern. ”   Lai Yun from 2000 that attention to Guiyu, Guangdong electronic waste, and has carried out field research, bitter on electronic waste issue.   He believed that public participation is an [...]

Regulatory gaps: electronic waste recycling panorama

Posted in Economy News

  Haidian District, Beijing, wudaokou North, eight villages after, Zhongguancun computer stores only 3 km to a place, is the largest electronic waste recycling Street in Beijing.   May 13 press conference as the cars difficult walk through, on one side of the road is the bang the machine builders, is garbage on the other side of street vendors. Every morning, these traders, human vehicles to the side of a Golden Cup, a mobile shop set up, wait.   Every evening, these traders to collect “goods” tiantong shipped to the North East. There are rows of sorting plants, these electronic products for recycling. [...]

Railway Wo fermentation

Posted in Economy News

  Silent for a long time the railway system corruption nest case sediment flush again.   This is fishing for big fish is Hohhot railway Bureau (second call) Deputy Secretary Liu Biao. In June last year, former Secretary Lin Fenqiang and former Deputy Secretary for the Ma Junfei is “double”, the Council officials had been found.   According to internal sources, most recently Executive Vice Secretary Liu Biao had an accident did not appear for more than a month in Office, in charge of work also has to be replace, “is surely something was wrong”. Messages within the railway system said discipline inspection [...]

Shenyin wanguo: trend of decline in foreign exchange or in

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  European debt crisis caused by turbulence market risk aversion increased, stage rally of the dollar index and depreciation of the Renminbi exchange rate is expected to increase leading “hot money” large outflow is April added Exchange account for reducing major causes, Chief macro-analysis divisions of shenyin wanguo Li Huiyong analysis.   April imports sharply lower-than-expected March trade balance ratio improved surplus expanded further. Said Li Huiyong, depreciation of the Renminbi exchange rate appears stronger expected since April, slowed on the pressure of capital flows into China as a whole. According to the April FDI than in March fell, less 3.356 billion [...]

Usher falling inflection point of foreign exchange money creation mechanism of butterfly

Posted in Economy News

  Accompanied by Exchange of incremental trend of decline, money creation will rely more on domestic credit growth, to reverse foreign exchange deposit rate is likely to become the currency for some time in the future, “anti-reverse” way, cut the deposit rate will be the normal means of, rather than showing the easing of monetary policy.   On May 15, the latest Central Bank data showed that financial institutions foreign exchange balances to $ 25,588,821,000,000 in April, $ 60.571 billion per cent reduction, reversing a trend after three consecutive months of growth, triggering market is amazing.   After the widely expected April Exchange [...]

Vegetable prices helped CPI fever increased policy space

Posted in Economy News

  Experiencing “a top one and a half pounds of pork cabbage tree” after the crazy, 51 some vegetable prices rising momentum before and after finally come to a close. Yesterday (May 16), the Beijing market food vendors in the Pu An old King told the daily economic news reporter, virtually no recent food price rises, and cucumbers, tomatoes, and other popular dishes are down every burden around $ 1.   Not only is Beijing, after entering the middle of May, falling vegetable prices have ushered in stages across the country. Commerce Department data shows this week, due to temperatures significantly rebound [...]

Guangdong cross-border RMB settlement account for the national 30%

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  Data show that by the end of 2011, China’s domestic investors in 178 countries and regions to establish foreign direct investment enterprises 18,000, accumulated non-financial foreign direct investment US $ 322 billion, total overseas assets of more than $ 1.5 trillion.   Under the CEPA framework, hengqin sea in Shenzhen, Zhuhai and Guangzhou Nansha is expected to adopt a set of financial innovation, important platforms for development as an international financial, it also brings opportunity for the commercial banking industry.   Yesterday (May 16), the Bank of China and more than 20 companies in Guangzhou, Guangdong enterprises has signed the “going out” [...]

Wenzhou published interest rate loan monitoring

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  Beginning in May 2012, Bank of China, Wenzhou City, Wenzhou City Centre branch of the official public interest rate loan monitoring.   Initial data showed that April Wenzhou folk debit and composite interest rate average is 21.58%, down 3.02%, fell by 0.08%.   Because of loan activity in Wenzhou, beginning in 2003, pedestrian Wenzhou Central Branch was first established in the national system of civil monitoring system in lending rates. The monitor can reflect to a certain extent as a barometer of social funds, additional ballots, the analysis of financial markets, is the “Wenzhou fund prices”.   In order to test the data, [...]

April, about 200 billion foreign exchange outflow of hot money again negative growth

Posted in Economy News

  Outflow of hot money seems to be Chinese!   Preliminary data showed the people’s Bank of China announced on 15th of April balance of Foreign Exchange accounts for financial institutions for $ 25.59 trillion, representing a decrease of March, this year’s negative growth for the first time.   In April, an increase in the trade surplus, FDI is not too low case, reduction in foreign exchange, perhaps more was caused because the outflow of hot money.   Nanjing Zhang Wengang security researcher on the daily economic news reporter, seen from the data, the trade surplus is on the increase, while FDI data has [...]

10 enterprises in Guangdong was granted a loan to Hong Kong currency

Posted in Economy News

  Yesterday (May 16), according to foreign media quoted a Hong Kong media reports, approval of the Central Bank Guangdong Province branch about 10 registered companies in Hong Kong in Guangdong Province loans of about 30 billion yuan, and bringing money back to the Mainland. Said in a report, approved companies including Baosteel Group’s listed companies in Shenzhen, Guangdong Shaoguan iron and steel company and Guangdong midea electric appliances co., Ltd. Guangdong Shaoguan iron and steel or borrowing of about 600 million Yuan, one-year period, interest rate 4.5%.   The daily economic news reporter confirmed to the US company, head of public [...]

April link rise of RMB real effective exchange rate 0.3%

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  Figures released by the Bank for international settlements, 16th show, April index of real effective exchange rate of the Renminbi as 107.49, per cent higher than 0.3%. At the end of April, RMB real effective exchange rates falling earlier than 0.5%. This year, the real effective exchange rate of the Renminbi maintained a stable trend.   Dollar index dropped after April chonggao, opening in the month to 75.99, close to 73.03, months up to 76.61, decreased by 3.88%. Its parity against the dollar in April to open in 6.3035, at 6.2787, 0.25% months. Statistical data showed people’s Bank of China, in [...]

Wenzhou introduction “31 new” rush to the rescue the real economy

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  After launch financial reform, the Wenzhou Government recently announced the promotion of implementation for the development of the real economy (“31 new deal”) in supporting the development of the real economy. The opinions allowed domestic enterprises “zero” registration, support using equity as a pledge for loans, reduced to form group costs.   ”If the social wealth without actual growth, but capital virtual game manufacturing boom, it’s economic future is bound to collapse. “Wenzhou, an official with respect, since last year a series of statistical data is hardly optimistic, now somewhat like a” boiling frog “. According to the China Securities newspaper [...]

Wenzhou private borrowing and lending rates fell last month by 3%

Posted in Economy News

  On May 16, people’s Bank of China, Wenzhou City Branch announced that, beginning in May 2012, formal public monitoring rates of Wenzhou private lending. April Wenzhou folk debit and composite interest rate average is 21.58%, down 3.02%, fell by 0.08%.   One line of Wenzhou City Branch had announced the April non-governmental finance direct borrowing 17.75%, and per cent per cent decline respectively, 0.21; social medium interest rate 30.4%, up and down respectively, 6.34 per cent from; 21.08% microfinance company loan interest rates, rose 1.56%, fell by 0.63%; new debit registration centres established by 23.11% in lending rates.

Pensions need to be stronger policies to promote

Posted in Economy News

  Had high hopes after 6 years of development of enterprise annuity market, reaching 357 billion scale, and the original forecast of “until the end of 2010, the scale will reach $ 1 trillion” differs from the expected massive. Peace Endowment’s Chairman and CEO, was awarded as “Shanghai top ten financial” Du Yongmao recently accepted the title said in an interview with the business daily, the reason, ability to promote policy does not come, and excessive competition in the market for development of enterprise annuity, is “the unbearable pain”.   Ping an annuity in 2010 and 2011 for two consecutive years to [...]