80% consumers not to buy domestic acquisitions is a brand of luxury goods in China a shortcut?

Posted in Economy News

  Chinese luxury dream too hard?   The China economic weekly reporter Houjun intern Liang Chenwei 丨 Shanghai   ”Luxury consumption in China account for global market share from 1998 to 1% per cent in 2010, a 10 times increase in 12 years. In the next 5 years, will speed growth. “On March 22, 2012 the Boao Forum publication on the 2012 annual report describes the process of economic integration in Asia.   Global markets have reached a consensus: China is the luxury brand of fortune. Has become the world’s second-largest luxury goods China faces an embarrassment: missing local luxury brands, even in recent [...]

Round policy worries reverse crunch calls for getting high, or deterioration of European debt crisis

Posted in Economy News

  France fulangsuowa·aolangde 6th elected left-wing socialist party candidate for France new President. Different from its predecessor, Sarkozy is, Francois hollande revision of the “financial contract”, adjusted by Germany to promote the crisis with austerity as the core strategy, to grow in a more prominent position.   This news came out, the euro fell plunged. Market concerns France turn of the regime will make the structural reforms of the eurozone is blocked, Greece, and Italy and Germany population widely opposed to austerity prescriptions have heightened tensions and pessimism in the market.   Insiders pointed out that the policy risks increase, will allow the [...]

Shenzhen’s plans for reform of the 22 projects to reduce barriers to

Posted in Economy News

  Shenzhen’s plans for reform of the 22 projects, key start implementation of the commercial registration system and separated medicine reform in public hospitals   Municipal Government Information Office held a news conference yesterday revealed that the plans for reform of the 22 projects this year in Shenzhen, to promote the reform of 6 key. Published on the day of commercial registration system reform and the reform of medicine separated from public hospitals, are important components of 6 key reforms, other key projects of reform implementation plan matured to be more or less after publication.   Shenzhen starts implementation of the commercial registration [...]

Heilongjiang provincial land and resources online starting this month the administrative examination and approval

Posted in Economy News

  Reporter 8th learned from the Heilongjiang provincial Department of land and natural resources, for the realization of “smooth, efficient and convenient” approval process, Heilongjiang province since May this year officially launched online administrative examination and approval of land and resources, in depth advance the reform of administrative examination and approval system of land and resources.   At present, pre-trial, for construction projects in Heilongjiang province agricultural land conversion, land and mineral resources exploration licenses (prospecting right registration), mineral resources mining license (registration of mining rights), five administrative license (permission) have Internet, remote approval.   From on July 1 up, Heilongjiang Province State [...]

8th the Yuan central parity rate: 1 USD to RMB 6.2804

Posted in Economy News

  Zhongxinwang, May 8, according to the Central Bank’s official website news, May 8, 2012 Yuan central parity rate for interbank foreign exchange market: $ 1 to 6.2804 Yuan, 1 euro 8.1918 Yuan, 100 yen for 7.853 Yuan, 1 Hong Kong dollar of 0.80905 Yuan, 1 pound 10.1607 Yuan, 1 Australia Yuan of RMB 6.4013 Yuan, 1 Canada Yuan RMB 6.3.15 Yuan, RMB $ 1 to 0.48630 ringgit, 1 Yuan on 4.7593 Russia rubles.

Against the euro soaring 882 basis points

Posted in Economy News

  China foreign exchange trading center announced May 7 interbank foreign exchange market the Yuan central parity rate for 1 euro 8.1574 Yuan, against euro reference rate rose 882 basis points.   Market participants pointed out that France’s presidential election, Socialist Party candidate Francois hollande defeated incumbent President Nicolas Sarkozy, elected France new President, in the foreign exchange markets have set off waves. Hollande said in his victory speech: “boosting output, debt reduction is the key. Policies must be turned to growth, my mission is to return to European growth. “As Francois hollande against” Greece’s austerity programme “, future France’s position in [...]

Ministry: unsecured network security plan bad loan rate is only 0.36%

Posted in Economy News

  Today by the Ministry of small and medium enterprises Secretary Zheng Xin “information service information release”, said that as of early February 2012, mortgage-free “network security” loans to more than more than 100,000 small micro enterprises $ 42.656 billion cumulative small, short-term loans, bad loan rate is only 0.36%.   Zheng Xin said the Ministry through lean management of research and development, upgrading, financing services, e-commerce application information service platform, such as pilot, low levels of innovation in small and medium size enterprises is weak, management, funding, marketing, and other outstanding issues. Currently, Alibaba group actively promoting e-commerce application, build the [...]

National illegal use area in the first quarter fell more than 30%

Posted in Economy News

  Department of land and natural resources land and resource-related statistics recently published its first quarter of 2012. Where illegal use area fell by more than 30%; monitoring of geological hazard early warning preventive effect obvious, a total of 14 successful prediction of geological disaster, avoid the 3.966 million yuan in direct economic losses.   National total of 9,462 illegal land, covers an area of 3180.7 hectares (1131.7 hectares of cultivated land), up down 3.8%, respectively (35.6% of cultivated land), investigate and deal with cases of illegal use of placing 3,864, covers an area of 2629.2 hectares (879.6 hectares of arable land), [...]

Premium increases in major cities throughout the country in the first quarter continued to drop

Posted in Economy News

  Department of land and natural resources land and resource-related statistics recently published its first quarter of 2012. Among them, major general urban land price level remained stable, up, per cent from continuing down.   105 major monitoring urban land price level of $ 3,057/square meters, an increase of 3.53% and rose 0.26%. Commercial, residential, industrial 5,705 Yuan/sq m, respectively, 4,516 Yuan/sq m and $ 654/square meter per cent growth rate 0.91%,-, 0.04%, respectively, an increase of rates, 5.7%, 2.4%, respectively, but growth declined 3.3, and 2.9 respectively in the previous quarter.

A quarter of the national total supply of land for the construction of an increase of Super 30%

Posted in Economy News

  Department of land and natural resources land and resource-related statistics recently published its first quarter of 2012. Where total national supply of land for the construction of an increase of Super-30%, for structural adjustment obviously, infrastructure to increase substantially.   National building supplies 114,400 hectares, an increase of 33.6%. From the perspective of supply structures, infrastructure, industrial and mining warehouse and real estate land, total supply, 45.2%, and 23.6% respectively. Infrastructure with increased 1.6 times, substantial increase in percentage; per cent respectively for industrial warehouse and real estate 9% and reduced 18%, share has declined. This year is the “Twelve-Five” plan [...]

Policy is not implemented as a national problem feeding the main complaints of the students

Posted in Economy News

  According to the national nutrition of students set up telephone hotlines and reporting mail statistics, calls, letters in the pilot provinces are mainly focused in the Midwest reflects the policy is not implemented (no open meals), less amounts of poor-quality food for schools, as well as policy advice, and so on.   Journalists here on the 8th student nutrition improvement programme of compulsory education in rural areas of the country held spring 2012 schedules the meeting was informed that 3.15 days open until May 1 of this year, 19 provinces in Central and Western national student nutrition received telephone hotlines, messages, [...]

Canton fair traded down export concern

Posted in Economy News

  Customs will be published Thursday April trade data, just closing the 111th session of Canton fair appears rare export turnover decline, reflecting global demand remains weak and intensified market concern about the situation of foreign trade for some time in the future.   According to the observation of our foreign trade “barometer” 111th session of Canton fair Trojan attended buyers nearly 210,000 people, another record high. But cumulative exports sold $ 36.03 billion per cent and up down and 4.8%, respectively.   From the perspective of export transactions in different regions, market turnover in the EU fell by 5.6%, United States decline [...]

China stainless steel seamless steel tubes to Europe to implement provisional anti-dumping

Posted in Economy News

  Beijing, May 8 in the China’s Ministry of Commerce said on 8th, originating in the European Union and Japan imported high-performance stainless steel seamless steel tubes to implement a temporary anti-dumping dumping measures.   Department of Commerce decided on September 8 last year on originating in the European Union and Japan imported high-performance stainless steel seamless steel tube anti-dumping investigation. A preliminary determination that in the investigation period of this case, the above product dumping, related high performance stainless steel seamless steel pipe industry in China has been substantial damage, and a causal relationship between dumping and material injury.   According to [...]

“Labor day” hotline after cold line tours inside and outside line price reduction

Posted in Economy News

  May 6 from a number of travel agencies in Wuxi understands that “labor day” after a little holiday, travel agencies have cut the price of most of the tourist route, however the price much, mostly about 10%. Travel agency personnel believed that with the advent of Dragon Boat Festival and the summer tourist season, on airline tickets now is unlikely to further low-price, travel is now more cost-effective.   ”Prices are up to, ‘ 51, ‘ during the most sought after in the long term, such as Beijing, Xiamen, Guilin. “Introduction to Jiangsu Travel Planning Department staff,” labor day “during the [...]

Yangzhou as a pair of fellow experts more than more than 120 enterprises

Posted in Economy News

  ”Expert, academician of Yangzhou” in Yangzhou to start a few days ago, this is the 5 consecutive years in this activity. Member Services include auto shipping, petrochemical, machinery manufacturing-led transformation and upgrading of industry, new energy, new lights, new materials, and strategic industries such as smart grid, software services outsourcing. As of now, participate in the activities of the Chinese Academy of Sciences, academician of the Chinese Academy of engineering, the two reached 77 new Trojan, formed a production agreement more than 100 items, services more than more than 120 enterprises, supporting the funding of about $ 17 million, academician [...]

Nantong “Chief quality officer” system the province implemented

Posted in Economy News

  Jiangsu provincial quality and technical supervision Bureau recently issued and implemented in Nantong industrial enterprises in the province’s first “Chief quality officer” System.   Since the beginning of 2009, quality supervision departments in the city of Nantong 14 leading enterprises in key industry sectors established in implementation of “Chief quality officer” System. For two years, the system has full coverage in the brand-name companies at all levels of the city, to facilitate the implementation of enterprise quality security responsibility has played a positive role. Beginning this year, “Chief quality officer” system is gradually extending to the above designated size enterprises.

Taizhou planned 3 years cultivating 15 billions of companies

Posted in Economy News

  Taizhou city industrial enterprise (Group) “Twelve-Five” training scheme recently introduced by 2015, strive to sales revenues exceeded 5 billion yuan of industrial enterprises of the city up to 25 to 30, over 10 billion yuan with 15.   Under plans, on entered cultivation resources library of enterprise, the city will speed up promote its mergers and acquisitions restructuring pace, encourages they active seize international capital and international industry transfer opportunities, carried out transnational, and across area, and cross, and across ownership of industry integration, and restructuring and merger; further promote enterprise listed, adhere to territory listed and outside listed simultaneously, Board, [...]

Last year, the civil aviation industry profit of 36.3 billion

Posted in Economy News

  Yesterday, the Civil Aviation Administration of China announced the 2011 civil aviation industry development of statistical bulletin show that China’s civil aviation industry-wide profits totalling $ 36.3 billion last year, up by 13.9%, reports on China’s shipping enterprise’s market share, such as flight delays for the disclosure.   Civil aviation industry profits decline   According to the report, 2011, China’s civil aviation industry realized revenues of 500.1 billion yuan, up 21.2% over the previous year, gross profit $ 36.3 billion, down 13.9%. Airlines operating income $ 353.2 billion, up 17.9% over the previous year, gross profit $ 27.8 billion, down 17.7%. Airport [...]

Guangdong Province food and Drug Administration on recovery of a proprietary Chinese medicine in Hong Kong

Posted in Economy News

  Chromium content exceed the qualifying standard, Hong Kong S.A.R. Government’s Department of health has been instructed to drug manufacturers recycling called “Germany yongda trademark effects, powerful anti-inflammatory pill” of traditional Chinese medicine. Yesterday, the Guangdong Province food and Drug Administration to this newspaper that has received notification, medicinal capsules on the chromium content over proprietary Chinese medicines to be recycled.   According to Xinhua, the Hong Kong S.A.R. Government Health Department said on 6th, due to chromium content exceed the qualifying standards, has been instructed to drug manufacturers recycling called “Germany yongda trademark effects, powerful anti-inflammatory pill” of traditional Chinese medicine. [...]

First half of micro-enterprises of small and medium-sized private-debt underwriting pilot is expected to turn on

Posted in Economy News

  Reporters from the closing of the 8th Symposium on innovation development of securities company was informed that small and medium-sized private debt in the first pilot project is to promote micro-enterprises, micro-enterprises of small and medium-sized private-debt underwriting business pilot approaches in the development towards start pilot in the first half.   Concentration of information displayed on the workshop, according to the unified arrangements of the securities, Securities Association of China was developing micro-enterprises of small and medium-sized private bond underwriting business pilot approaches, China Securities Depository and Clearing Corporation and related exchanges also step up the formulation of the relevant [...]

Shanghai-Hangzhou high-speed rail down gestures are discounted tickets the highest preferential margin 30%

Posted in Economy News

  Between May 18 and part of the train business, 70 percent of the principal block 90 percent   Railway authorities said: according to the different seasons and for transport in the future changes in the market demand for passenger transport, on a special range of slots, train and discount rates to make timely adjustments   ”Tie laoda” finally tried to put down “posture”, began to cut! Yesterday, reporters got the news from the railway sector, from May 18 to June 20, Shanghai-Nanjing, Shanghai-Hangzhou high-speed part blocks train business and principal will implement the preferential fares, discount rate of 30% of Commerce, principal [...]

Department of Commerce: high-performance stainless steel seamless steel tubes originating in Europe and Japan the existence of dumping

Posted in Economy News

  Zhongxinwang, May 8, according to Department of Commerce Web site news, Ministry of Commerce announcement a few days ago, announced that originating in the European Union and Japan imported high-performance stainless steel seamless steel dumping, since May 9, 2012, importers in the imports originating in the European Union and Japan imported when high performance stainless steel seamless steel pipe, should be based on the dumping margins of the companies established in the decision to People’s Republic of China Customs and provide appropriate security deposit.   Notice that, all interested parties within 20 days of the date of this announcement, may submit [...]

Beijing 26 finance security company licences set aside part 5-year

Posted in Economy News

  26 financial guarantee company in Beijing, due to failure to complete the rectification and reform work of its commitment, the 1-year financing guarantee void license has expired. A guarantee company General Manager Mr Wong said, “skin in the incident in the Beijing region, entire industries are under the influence of some. Some security companies as well as business licences available. ”   Recently, published on the official website of the Beijing Municipal Bureau of finance, in its announcement, 26 financial guarantee company in Beijing, due to failure to complete the rectification and reform work of its commitment, the 1-year financing guarantee [...]

Looking slightly easing May credit the deposit remains part of the banks main theme

Posted in Economy News

  Since the beginning of this year, people focus on credit to change, shift from can lend to someone for a loan. Prior to this, there are media reports in April, workers, farmers, and built around four major lines of 260 billion dollars in new loans in March, representing a reduction of nearly $ 40 billion.   Reflected the fall in loan demand in the market, told reporters the Bank who said that bank loans are lines, compared to previous years, lending is clearly better this year, “basically can also be placed. “A foreign public finance said.   Relative to the loan, situation [...]

March financial analysis of deposit minus $ 370 billion drop still delayed

Posted in Economy News

  Yesterday (May 7) shown on the balance sheet of the Central Bank updated, March in the Central Bank’s coffers of government deposits totaled $ 2,308,518,000,000, 2,681,149,000,000 decreased $ than February.   Government Central Bank changes directly affecting the liquidity of Treasury deposits. Balance lower, meaning that more financial resources through economic activities into market, increasing liquidity in the market.   While April and May are expected funds would, in turn, through the channels of financial deposits back to the Central Bank, but analysts still expect tools to regulate the banks of Central Bank with short-term liquidity, deposit rates will be pushed back [...]

Shanghai’s “camp-modified increases” pilot results show

Posted in Economy News

  A few days ago, Deputy Finance Minister Xie xuren, Minister Wang June left for Shanghai and Director of the State administration of taxation Deputy Jie Xuezhi research tax levying sales tax pilot operation in the first quarter, Shanghai Mayor Han Zheng, Vice Mayor Mr TU guangshao, attended the Forum, Parties reported in Shanghai City.   From the pilot, reforming the overall smooth running, results show. Pilot industry overall reduce the tax burden after the reform, vigorously promote the development of the service industry. By the end of March, a total of 129,000 enterprises included in the pilot. Pilot enterprises generally, after [...]

May flood season need to beware of the geological disaster

Posted in Economy News

  May be entering the season. Ministry of land and resources to remind, according to years of geological hazards occurrence May be gradually entered a period of geological disaster-prone. Most of the disaster could occur in our country’s local mountain in the Southwest, South and East China, in Northwest China should pay attention to preventing geological disasters caused by melting effect.   This reporter learned from the Ministry of land and resources, January-April this year, the national geological hazards in a total of 631; 25 of geological disasters of the deadly, 48 people dead, 5 missing, 33 injured, 145.027 million yuan in [...]

Major initiatives introduced in Guangzhou to promote market development

Posted in Economy News

  Guangzhou Municipal Government announced major initiatives in promoting market development. Guangzhou will establish various venture capital, venture capital, equity investments and investment funds 300, administrative capital of 100 billion dollars by 2015 into regional investment Center, meet the requirements of equity investment and equity management company settled in the award of the grant maximum of $ 15 million.   According to Xinhua News Agency, Chen Ping, Deputy Director of the Guangzhou City Finance Office introduced, according to incomplete statistics, existing equity fund of about 150 homes in Guangzhou, managing funds of about $ 50 billion, the actual funds of about $ [...]

The Supreme Law: citizens may directly sue monopoly enterprises

Posted in Economy News

  Supreme People’s Court today released this morning the trial of civil disputes because of monopoly regulations on the legal issues of the case, clear the prosecution, case acceptance, allocation of jurisdiction, the burden of proof, evidence, and limitation of the civil liability issues.   The judicial interpretation of a total of 16, is the Supreme People’s Court in the area of antitrust trial introduced the first judicial interpretation, implemented on June 1 this year.   The prosecution not premised on administrative law enforcement   Supreme People’s Court spokesman Sun Jungong in Conference Shang describes, monopoly judicial explained under first section provides has monopoly [...]

Mall department store format for desalination enhanced shopping experience

Posted in Economy News

  Department store format in the shopping center business needs change constantly, otherwise it is difficult to keep pace with the shopping center, Mall department stores are not permissible, shopping centers geographically different, different systems and customer base, differentiated adjustments are also different. In mainland China and Taiwan and other regions, there was a trend of department store shopping center, Mall area is also growing. And growing department store is just a phenomenon unique to Asia.   Shopping Centre “snub” department store   On March 31, largest in Beijing COFCO, opened less than two years of Chaoyang city and yongwang Department Store main [...]

Chinese companies carefully grab the sky-high ad

Posted in Economy News

  Now that the hype brings benefits faster, how advertising is the natural, less research and development. If this is true, even if occupied by Chinese enterprises New York square ads, but what about?   Wuliangye, Dr Kawashima’s brain training-how old is your brain, gree electric appliances sth More and more Chinese companies are shown in times square, thrown about.   Enterprise to the world, of course, is a good thing, but should be alert to, such a big investment, once you form a bandwagon effect, the consequences would be unthinkable.   First of all, on the whole, “made in China” there is added [...]

Small micro-enterprises pay taxes accounted for enterprise 54.3% efforts to increase tax cuts

Posted in Economy News

  Of State support for small micro enterprises even harder.   On April 13, chaired the Executive meeting of the State Council, Wen Jiabao stressed that seize the time to implement and improve structural cuts, increase support for the small micro-enterprises.   On April 26, the State Council on further support of small healthy’s views on the development of micro-enterprises (hereinafter referred to as the opinion) announced further emphasized that, to implement structured tax cuts for small micro-businesses.   Since October last year, Executive meeting of the State Council research support the small micro-enterprise development after nine financial, fiscal and tax policy measures, the [...]

Vegetable prices rebounded last year, selling vegetables 3 weeks in a row this year leading up

Posted in Economy News

  In accordance with the rules in previous years, after entering the spring and summer seasons vegetable prices will show a downward trend, which is called the “seasonal”. Since the beginning of this year, however, many of the common varieties of vegetables on the market there was rising. Apart from the effects of cold weather causing cutbacks outside, last year’s vegetable “difficulty in selling” vegetable prices as a result of rising prices of important causes.   Vegetable prices rebound in 3 consecutive weeks   According to common sense, seasonal vegetable prices in spring and summer time. However, common food prices declined on the [...]

Core capital adequacy ratios of Bank 1 quarter using ice fire up City commercial banks two days

Posted in Economy News

  Quarterly Bulletin showed that half of the listed banks ‘ capital adequacy ratios varying degrees drop, two banks and city commercial banks Nanjing Ningbo banks drop front two, and another city firm growth in Bank of Beijing to 1.77% increase in absolute terms as King   There are rumors of “implementation of new bank capital supervision are expected to put off until the end” messages, they give ready relief refinance program, free monitoring banks temporarily to peace on the edge of the red line.   Listed Bank’s quarterly shows, 8 decline in banks ‘ capital adequacy ratios varying degrees, 2011 down to [...]

Compass universal need of one or two strong companies to promote

Posted in Economy News

  Beidou satellite navigation system providing piloting services, indicates that China has a place in the world market for satellite navigation, then people have high hopes Beidou market prospects how to do? “2012 annual meeting of the Chinese consumer electronics market and the first Conference of the satellite navigation industry” recently held in Beijing, China Economic Herald reporter comprehensive information of the parties have come to the conclusion that: the next few years, China’s Beidou satellite navigation system of the March no doubt, but it even in the domestic market is still difficult and GPS rival.   According to CCID consulting forecasts [...]

Country dealt with 3,305 bidding of project construction of discipline cases

Posted in Economy News

  Central leading group for Project Management Office said the other day, since the special work on outstanding issues in the field of engineering construction, by the end of March 2012, investigated and dealt with a total construction area of 21,766 discipline cases throughout the country, which dealt with 3,305 bid link, 15.2%.   According to reports, the outstanding problems in the construction field in administrative work, all localities and all departments concerned to intensify efforts to investigate and prosecute cases, investigated and dealt with a number of sectors of the engineering construction tender bids the typical case. Cases and shows that [...]

Media development and Reform Commission, face/off limits were circumventing limits drug prices after sales

Posted in Economy News

  National development and Reform Commission intends from May 1, adjusting the parts of digestive system drugs the highest retail price, the price adjustments involving a total of 53 varieties of drugs, more than 300 specifications of multiple formulations, fell an average of 17%. According to statistics, it was the 29th of mass medicine prices since 1998.   According to the economic daily news reported that journalists under investigation discovered a not too optimistic of reality: going through many rounds “limit orders”, the actual effect is not as good as expected. For example, limit drug off the shelf is not uncommon in [...]

Cotton prices have fallen inside and outside China rose slightly yarn

Posted in Economy News

  On May 2, 2012 ~5 4th domestic, international cotton prices have fallen, the domestic price of cotton yarn, polyester staple fibre price rose slightly.   Current cotton spread large difference between at home and abroad, and gauze finished inventory in the lower pressure generally does not light, raw material procurement, fatigue, keeping domestic cotton city vulnerable. On May 4, seed cotton purchase price $ 8.14/kg, from the flat, up by $ 3/kg, or 26.8%; seed cotton purchase price $ 8.5/kg in Xinjiang, from the flat, fell 2.4 Yuan/kg, or 21.9%. On behalf of the Mainland standard grade b cotton sale price [...]

Supreme judicial interpretation of anti-monopoly law first Yan Jian-min litigation framework

Posted in Economy News

  Beijing, May 8 in the Chinese 8th release of the Supreme People’s Court concerning the trial of civil dispute cases arising from monopoly regulations on the several problems of application of law, which is the highest law in the area of antitrust trial introduced the first judicial interpretation.   Sun Jungong Supreme People’s Court spokesman said, this judicial interpretation for guiding people’s Court correctly applied anti-dumping law, the Suppression of monopolistic behavior according to the law, the protection and the promotion of fair competition in the market is of great significance. “It establishes the basic framework of the antitrust civil litigation [...]

New investment of more than $ 700 billion frantic single layout in Shaanxi Province

Posted in Economy News

  Recently, the SASAC and the Shaanxi Provincial Government signed a memorandum of cooperation and the single launch ceremony held in Beijing of Jin Shan development activities. 52 meeting of Heads of Central enterprises, 206 sign strategic cooperation agreement, covering equipment manufacturing, defence technology, such as electronic information, non-ferrous metallurgy, depth of resources into 7 categories, of which nearly 40 projects amount invested more than $ 5 billion, total new investment of more than $ 700 billion. On expert analysis, the single westward since the founding of new China is following the national “15″ and “third-line construction” single mass concentrated into [...]

New way of cooperation helps increase circulation of rural land in Xinzhou district of Wuhan

Posted in Economy News

  Different from the capital to the countryside for industry and commerce development in agriculture, farm and farmer, to be incorporated in different ways different land farm, Wuhan Xinzhou District 10 farmers trying to land a new way: organizing cooperatives, outside employment of 9 houses, leaving 1 ground cover.   On April 28, the journalists came to the new Island Sun village, locate the plant master Liu Shitang, pear flowers in front of his house thanks, he invited guests come back in July, try some yellow.   Right now, hundreds of supermarkets has placed an order for 180 acres of legendary, watermelons under [...]

Zheshang second return to stir market financial institutions business opportunities

Posted in Economy News

  On January 12, 2012, Xia Baolong, Governor of Zhejiang Province in the Government work report stressed that “stick” way in the world “and” strong Zhejiang “organic unity, gathering zheshang energy, promoting the development of private economy improving,” Zhejiang economy “and” Zhejiang economic “development. ”   In fact, Xia Baolong formulation is not new, as early as 2006, Zhejiang Provincial Government offered to business as the main body, with “feeling, affection, friendship,” as a link, fully implemented in order to encourage and attract foreign businessmen returning to invest in Zhejiang Province as the main content of the “return of Zhejiang businessmen project”. [...]

National policy on the first agro-insurance development of local planning publications

Posted in Economy News

  Recently, the national first on the local plan for the development of agricultural insurance policy-the Beijing city “Twelve-Five” published implementation of the policy of agricultural insurance development plan during the period.   Planning under made, “Twelve-Five” during, Beijing policy sexual agricultural insurance will close combination Beijing city type modern agricultural of features and farmers risk protection needs, around deepening agricultural production, and life, and ecological and model function, promote industry fusion sexual development, in accordance with perfect system, and change way, and optimization structure, and exploration innovation of development thought, adhere to Government promote, and policy support, and market operation, and [...]

Department of Commerce: larger pork prices continue to fall price of Chinese cabbage rose

Posted in Economy News

  Ministry of Commerce said on May 8, last week (April 30) Department of Commerce on the surveillance of edible agricultural product prices down slightly, means of production decline of prices for the third consecutive week. Data display, pork prices continued to fall last week, cabbage price larger.   Overall wholesale prices fell last week meat, pork prices continued to decline, compared to the previous week fell 0.8%, than the decline in late January 14.7%, Beijing, Shanghai and Chongqing, pork prices were down to $ 18/kg, falling in late January, respectively, 24.1% and 19.9%.   Vegetable market running smoothly, 18 kinds of vegetables [...]

Enhance transfer payments on the border of finance capital management

Posted in Economy News

  8th reporters from the Ministry of Finance informed that the Ministry of Finance recently issued the transfer and disbursement of funds management measures in border areas, clearly further strengthening border and ocean affairs management, increase transfer payments the Fund use efficiency in the border areas.   Way pointed out that transfer funds in border areas, refers to the central financial establishment, mainly used for border and coastal areas of ocean affairs management, improvement of border and people’s livelihood, promote General transfer of funds for the development of border trade. Huimin policy, implementation of this country, conducive to the interests of national [...]

Ladder price trial in China how to rationally adjust the programme focus

Posted in Economy News

  Summary: as of now, Henan, Shandong, Hubei, Jiangsu, Shanghai, and other places have started to announce the price ladder programme Beijing, Shanghai, Jiangsu, Zhejiang provinces and ladder price has started intensive preparations for the hearings. Despite the price ladder is the purpose of guiding the rationality of electricity usage in society, but inevitably causes some people worry about the electricity prices rose in disguise.   According to the national development and Reform Commission requirements, June 1 will be piloted residents stepped electricity prices. As of now, Henan, Shandong, Hubei, Jiangsu, Shanghai, and other places have started to announce the price ladder [...]

Spot iron ore trading platform in China on 8th

Posted in Economy News

  8th, much industry attention both inside and outside of China’s iron ore mining rights of official in the Beijing international exchange spot trading platform run and completed the first iron ore deal on opening morning.   ”With the development of global iron ore trade, price has turned into a traditional long agreements index monthly pricing, but just transparency of the index has been questioned, of new market there is an urgent need for an open, fair and transparent pricing. “The Vice President of the China iron and steel Association said Wang Xiaoqi, China spot trading platform is based on the needs [...]

The Ministry of water resources: speeding up construction of water perfect water price formation mechanism

Posted in Economy News

  According to the Xinhua News Agency reported on May 8, National Conference on water resources held on that day suggested that to accelerate the construction of river and lake water system connected in engineering. Accelerate reservoir and Southwest key water source project construction, suit construction city emergency and standby water source. And perfecting water price formation mechanism.   Conference clearly, China will seize the time to break down “three red line” control indicator, speed up the construction of water-saving and pollution prevention society, accelerating the construction of river and lake water system connected in engineering, water resources protection and water ecological [...]

Yangzhou response personal purchase of finished housing incentive question

Posted in Economy News

  Personal description of the purchase of finished housing related issues   1, the significance of promoting the construction of finished houses. Finished housing, housing is a basic function of. Commonly known as “decoration”. Promotion finished product waste is to avoid the second decoration of housing resources, and improving comprehensive quality of housing, important measures to improve the quality of human settlements, to improve the level of real estate development and construction, push forward modernization of housing industry, promote the economical use of resources, is of great significance.   2, the background to the policy. ① in 2011, the Office of the provincial [...]

Huafeng approved banks or small loan company restructuring into towns and villages into the country first

Posted in Economy News

  According to the information of Wenzhou, China peak spandex (Note:-Huafeng spandex shareholders-Huafeng group holding company Huafeng microfinance company limited) Bank approved the reform, first national reform.   In the investigation of the April 10th of this year, the Bank of Wenzhou, ruian peak microfinance company Chairman Weng Yifeng said that, next to their system plan, step by step towards reform of the first village Bank.

Oil prices down window will open a new pricing mechanism is expected to launch

Posted in Economy News

  According to Fortune information data model released yesterday showed, under the influence of crude oil plunged in recent days, rate of change acceleration in the three places down, today is expected to be below 4%. Treasure Island according to bulk products e-commerce platform, around May 10, three international oil prices to change rate will fall below 4%.   At that time, development and Reform Commission cut window will open, market downturn is expected to gradually increase, is expected to fall around 300 yuan/ton. Fortune analysis, in addition to cut prices, is expected to launch the new refined oil pricing mechanism.   Previously, [...]

Judicial interpretation of antitrust enterprise combined with price increases introduced complained the burden

Posted in Economy News

  Supreme People’s Court today released this morning the trial of civil disputes because of monopoly regulations on the legal issues of the case, clear the prosecution, case acceptance, allocation of jurisdiction, the burden of proof, evidence, and limitation of the civil liability issues.   The judicial interpretation of a total of 16, is the Supreme People’s Court in the area of antitrust trial introduced the first judicial interpretation, implemented on June 1 this year.   Provides the full text of the following:   Correct trial of civil dispute cases due to monopolistic behavior, suppression of monopolistic behavior, to protect and promote fair competition [...]

China’s infrastructure and the allocation of land is still too large

Posted in Economy News

  Ministry of land and resources in the 8th land market index CLI displays now overall good land market fundamentals, infrastructure, total allocations for land for high impact land-using concentrately.   Land and mineral resources in China legal service center is responsible for the preparation of the data shows that, since the beginning of this year, more sound operation of land markets in 2011, index of CLI in a quarterly comprehensive index, market index, the sale price indices, real estate boom, except real estate climate index warning lights appear as Asian hot state, others are in the normal range. Rendering obvious seasonal [...]

Department of Commerce: cabbage price of twice last year more than doubled

Posted in Economy News

  According to Commerce 8th publishing of business forecast monitoring, last week (on April 30 to on May 6) national vegetable market smooth run, 18 species vegetable wholesale price and Qian a week flat, which fruits class vegetable due to listed volume increased, price appears down, tomatoes, and cucumber and Balsam PEAR respectively fell 6.9%, and 4.4% and 4.3%; leaves class vegetable price higher, celery, and cabbage and round cabbage price respectively rose 12.8%, and 7.1% and 6.7%.   Introduction of productivity promotion center of agricultural products circulation analyst, dongchu dishes, began in the near future, coupled with the April national temperature [...]

China insurance regulatory Commission called for further more power to regulate the property market order

Posted in Economy News

  Released today by the China insurance regulatory Commission Web site for the further more power to regulate the property insurance market order of notification on the relevant issues, property insurance companies are requested to assess carefully 2012 business plan and performance appraisal policy, comprehensive regulating the behavior of sales incentives, is forbidden to disturb the market order in the form of unfair competition, and require all insurance increase the intensity of field checks, strictly investigate and deal with illegal acts.   China insurance regulatory Commission as well as, insurance industry association should be informed in a timely manner and the key [...]

Four departments standard duty consumption banned public funds to buy, head of State-owned enterprises

Posted in Economy News

  Zhongxinwang, May 8, according to the Ministry of Finance website message, a few days ago the Ministry of supervision, the Audit Commission and the National Capital Commission jointly published a post consumption, head of the State-owned enterprise supervision of the interim measures for the management of notifications, notification requirements strictly regulate the duty consumption behavior, head of State-owned enterprises, and to clarify the ban on consumption of a head of State-owned enterprises ‘ position, reads as follows:   Head of State-owned enterprises posts interim measures for the supervision and administration of consumer behavior   The first heads of State-owned enterprises to strictly [...]

Central Bank officials: formation of financial standard system in China

Posted in Economy News

  According to the Central Bank website message, on May 8, the third session of national technical Committee of standardization of financial (the gold standard) inaugural meeting was held in Beijing. National standardization Administration Committee (referred to as national standard Committee), Sun Bo, Deputy Director attended the speech, members of the Party Committee of the people’s Bank of China, Assistant, dot immunogold filtration assay, Chairman of the Committee at its third session, Governor Li Dongrong attended the meeting and delivered a speech.   Li Dongrong pointed out that attention and under the guidance of the national standard Committee and the people’s Bank, [...]

2011 55 million new credit card risk management 4 problem

Posted in Economy News

  8th China Banking Association issued the 2011 blue book credit card industry development in China. In 2011, China 55 million new credit card, issuing new Trojan 285 million, up 24.3% over the previous year.   Statistics show that in 2011, credit card transaction amount of $ 7.56 trillion, an increase of 47.95%. Credit card transactions than in the total retail sales of consumer goods in the amount of up to 41.72%, consumption growth in the credit card transaction has led 0.4%.   Blue paper pointed out that with the surge in credit card size, outstanding credit balances, total credit outstanding half a [...]

Experts expect price rises during the year decreased cost pressures or CPI pushing hands

Posted in Economy News

  Following the February CPI rose significantly in China dropped to 3.2%, CPI rose by percentage after the rebound to 3.6%, CPI inflation expected economic data of the National Bureau of statistics to be published before the April data, get more attention to the eyes.   At present, guotai Junan securities, published research reports and estimate of the CICC, April CPI rose 3.4%, Bank of communications is forecast to be 3.3%, CRE institutions such as securities and first capital securities is forecasting only 3.2% per cent level.   Beijing analysts generally believe that 2012 China price gains will tend to decline, inflation pressures [...]

Management of China’s land transaction appear aligned down the land continued tight

Posted in Economy News

  Beijing, May 8 in the “current price momentum be initially checked too quickly, and land in China in the first quarter of this year there have been ‘ line fell ‘, but for the current bubble risk transfer to first tier commercial real estate, individual stream flow phenomenon in the urban land market, to maintain the policies do not relax, continued implementation of tight regulation of land policy. “The Director of the Center for Legal Affairs of the Ministry of land and resources of land and mineral resources in China Sun Yinghui 8th told reporters.   Department of land and natural [...]

Development and Reform Commission interviewed 32 key enterprises require stable urea prices

Posted in Economy News

  On May 7, national development and Reform Commission, trade Secretary, the Secretary for Secretary, Ministry of raw materials prices and the China Petroleum and chemical industry association, China Association of nitrogen fertilizer, in contracted oil, CNOOC, Jinmei group company, Hubei yihua, Luxi chemical 32 backbone large and medium-sized nitrogenous fertilizer enterprises held in Beijing “stable urea market Forum”, analyses the current causes of abnormal rise in the price of urea.   Development and Reform Commission require all shaft manufacturers take the lead in constraints management action of their own, should strengthen the management, overcoming difficulties, reducing costs and stabilize the market. [...]

Central Bank unexpectedly full recovery is repo operations market interest rates cut

Posted in Economy News

  After the Central Bank on Thursday launched the reverse repurchase, market open market on Tuesday is expected to suspend operation or continue to reverse repurchase, eventually ushered in the $ 20 billion in Bank repo. More surprising is that all lower market interest rates, overnight interest rates also fell close to 50 basis points.   Analysts believe that the more open market maturity funds this week, Thursday is likely to continue to implement reverse repurchase, so $ 20 billion buyback limited impact next open market maturity funds remained low through the 28 day repo, due June funding can be increased to [...]

Shenzhen absorb sharp reduction of contract foreign capital 82.49%

Posted in Economy News

  Introduction of foreign capital in our country for a continuous decline in five months, and Shenzhen absorb contract foreign capital in the first quarter was not optimistic, falling even more prominent.   ”A quarter of newly approved foreign-investment projects in Shenzhen 467, down 6.22%; absorb contract foreign capital US $ 337 million, down 82.49%; foreign capital actually used us $ 835 million, an increase of 28.7%. “Yesterday, President of the Shenzhen Association of enterprises with foreign investment, Guo Rongjun, former Vice Mayor of Shenzhen City in 2012, multinational-China Summit, said at a news conference.   Guo Rongjun explained that because of foreign [...]

China United States Chamber of Commerce President Di Anhua: investment conditions affecting Sino-US relations BIT game

Posted in Economy News

  The fourth Sino-US strategic and economic dialogue (S&ED) soon after the restart of the Sino-US bilateral agreement on protection of investment (BIT) negotiations in the Sino-US “unequal investment conditions” involves a series of questions, will be the negotiations concern focused on the US side.   ”We believe that the opportunities such as the BIT can be used to talk about investment environment. “Yesterday, the China United States Chamber of Commerce President Di Anhua (Ted Dean) said in an interview with the business daily, the current time is better, as more and more companies plan to invest in China United States, so [...]

Residents of urban and rural old-age insurance full coverage

Posted in Economy News

  Added insurance in the second half more billion   From July 1 this year, residents of urban and rural old-age insurance full coverage will enter the Sprint stages. In accordance with the schedule, by the end of this year will reach system throughout the whole cover. This is the present Government, promote an important measure of Equalization of basic public services.   The business news reporter’s social security experts believe that seen from the Government, residents of urban and rural old-age insurance system covers not a problem, the current bottleneck lies in the grass-roots level to maintain the forces are too weak, [...]

Experts say the competitiveness of Taiwanese exports drop

Posted in Economy News

  Taiwan export is not ideal since this year, Taiwan University economics professor Chen Tian-jy said, Taiwan businessmen on the Mainland to processing the sharp decline in competitiveness is export-oriented, further affecting Taiwan exports to China.   Analysis April export markets, export communication products United States minus 62.8%, Chen said, originally in the United States market demand of HTC, not so good in the first quarter of this year, this indicates that the recession is not just good for export, but the decline in export competitiveness, must pay attention to problems.   Chen Tian-jy further stated that, if the problem is due to [...]

Development and Reform Commission once again interviews with production enterprises require stable urea prices

Posted in Economy News

  On May 7, national development and Reform Commission, trade Secretary, the Secretary for Secretary, Ministry of raw materials prices and the China Petroleum and chemical industry association, China Association of nitrogen fertilizer, in contracted oil, CNOOC, Jinmei group company, Hubei yihua, Luxi chemical 32 urea production backbone large and medium-sized enterprises in Beijing “stable urea market Forum”, analyses the current causes of abnormal rise in the price of urea. Since it is already April Commission met twice in a row on urea prices soared.   Development and Reform Commission require all shaft manufacturers take the lead in constraints management action of [...]

Supreme Court: the prosecution of monopoly without administrative determination

Posted in Economy News

  Unveiled on 8th of the Supreme People’s Court concerning the trial of civil dispute cases due to monopolistic behavior of several problems of application of law provisions. This is the Supreme People’s Court in the area of antitrust trial introduced the first judicial interpretation. Total: 16 records of the Department of judicial interpretation will be implemented on June 1. Kong Xiangjun, Supreme People’s Court President of the third Chamber of the Supreme People’s Court criminal trial, spokesman Sun Jungong answered questions raised by reporters concerning the trial of cases of civil disputes over monopolies.   Prosecution is not after administrative determination [...]

Li Yang: interest rate marketization conditions

Posted in Economy News

  Vice President of the Chinese Academy of social sciences, Li Yang, 8th in Shanghai, said current interest rate marketization conditions have been fulfilled, after about 5 years of hard work, market-oriented interest rate target basically achieved.   In his view, the interest rate financial products on the market through the formation of the repeated, massive transactions. Interest rate marketization should not adjust the bank deposit and loan interest rates up, and should be released from financial products transaction done. Funding mass emerge from the Bank’s balance sheet, market transactions, is essential for market-oriented interest rate. Procedure marketization of interest rates should [...]