Treasury issued the 2012 of pilot local governments issue bonds in their own way

Posted in Economy News

  On the issue of the 2012 local governments issue bonds in its own pilot rules on the notification   Finance library [2012]47   Shanghai City and Zhejiang Province, Shenzhen City, Guangdong Province, Department of Finance (Council, Commission):   Approved by the State Council, 2012 Shanghai Municipality, Zhejiang Province, Guangdong Province, Shenzhen continued local governments issue bonds in their own experiments. To strengthen guidance for 2012 bond pilot work on their own, we enacted the 2012 of pilot local governments issue bonds in their own way. Is issued to you, please follow.   Treasury   On May 8, 212   Annex:   2012 pilot local governments issue bonds [...]

Shenzhen graduates introduced unlimited-home

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  Shenzhen professional directory is no longer published this year focused on introducing outside talent, achieving higher level Institute graduates unrestricted introduction of home. “Employment index Shenzhen” displays, manufacturing, information and computer services and software industries are “major recruitment”, sales, computer science, engineering, technology, and other professionals in high demand.   According to Shenzhen economic daily reported that in recent years, the College increased the number of fresh graduates in receive Shenzhen 2011 introduced graduate 56,869 persons. Shenzhen introduced policies have been adjusted for graduates this year, is no longer published graduate personal bid for receiving graduate list, is no longer published [...]

Draft revised social security in Shenzhen “Trojan payment after 25 years of age” by brick

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  Since May 4, Shenzhen, Shenzhen hanging out of the legal Office of the social health insurance schemes (revised version), after seeking the opinion, suddenly become hot topics. Support also have different views, more positive suggestions. But controversial topic is the “cumulative toll retire after 25 years of age before they can no longer pay to enjoy healthcare treatment” provisions of this article.   According to the Shenzhen evening news reported that the draft revised measures for the social security regulations for retirees to pay the 13th, attract public attention, because its intended requirements –   In this city by months received pension [...]

Zhou Xin: marriage and the 21st century real estate has expired

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  ”As the 21st century real estate operators and the shareholders agreement of understanding between official reached in early May, resulting in our stake of intent deadline is overdue. If they have intention to cooperate, cooperation also need to negotiate. “E-House Co-Chairman of the Board and President of China Zhou Xin on May 10, an interview with this reporter to reveal.   Prior to this, e-House (China) Holdings Limited (hereinafter referred to as “e-House”) that merged with the China real estate information Corporation officially completed. After the merger, housing group (hereinafter referred to as “House”) from the Nasdaq delisting, e-House’s wholly-owned subsidiary. [...]

Successive years of growth 30% technology into culture of Anhui culture industry development engine

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  Anhui Province culture industry in industry increased value continuous 5 years keep 30% growth, accounted for GDP share reached 4% of high speed development zhihou, recently introduced on speed up promoting culture technology fusion development of implementation views under, made strive to to “Twelve-Five” late, basic built to enterprise for main, and market for guide, and research phase combination, and has Anhui features of culture technology innovation system, let technology development became culture development of important engine, build full vitality of culture strong province.   In recent years, rise of “culture Wan army” in the, modern technology culture of development increasingly [...]

Taiyuan’s financial cooperation in innovation and technology

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  Recently, Taiyuan City, Shanxi province science and Technology Council and the 10 banks, 3 home security companies have signed a cooperation framework agreement and launched one of the first hundred SME loan project, and created a tripartite Government, banking, and enterprise “shared customers share, push, in the game” new model of financial cooperation in science and technology, to promote science and technology achievement transformation and promotion.   According to describes, technology financial cooperation special funds will on for technology type SMEs provides loan and financing guarantees service of cooperation Bank and cooperation guarantees company, for award grants and reward; cooperation Bank [...]

“Three public funding” budget open down to the third level “”

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  Recently, the “departmental budget open” become a major portal hits a high keyword. Starting from the end of April, almost jinshu 98 central departments open, velocity of faster than in previous years.   Meanwhile, in the Central, led by budget public was also active in the making all over. Recent Executive meeting of the State Council, asking the provincial government two years ‘ public “three funds”. This is the second request of the State Council local government open “three funds”. Only 3 provinces last year released “three public funding”. Central to local “three public funding” open a specific timetable, means that [...]

Six departments shouchu pig control new plans against excessive price fall

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  Reporter learned that, after the Spring Festival this year, pork prices continued lower, pig grain prices since late April has 4 weeks in a row below the break even point of 6:1, pig production as a whole is still at a loss, relevant State departments have released live pig market regulation to the new plan, organization conducted freezing pork shouchu, prevent excessive pork prices fell.   According to the introduction, under the influence of cyclical fluctuation of live pig, pork prices continued after the Spring Festival this year. On April 11, showed up with an average price of $ 14.61 per [...]

April CPI rose 3.5% of fresh vegetables rose in Beijing than meat

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  Statistics, the national statistical office in Beijing Beijing investigation Corps on May 14, according to residents in Beijing in April consumer prices (CPI) rose by 3.5%.   Data show that food prices rose by 8.9%. Grain, oil, meat, poultry, and their products, aquatic products and fresh food prices up, 3%, 14.5%, and 24.4%, fresh eggs and fresh fruit prices fell and 6.1%, respectively.   Housing prices rose by 2.1%. Among them, building and decoration materials price drop 1.5%, housing rentals 2.5%.   In January-April, the overall consumer price level rose over the same period 3.9%.

First to usher in three Gorges reservoir of Changjiang River after the end of the dry season water Summit

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  Under the influence of continuous rainfall in the upper reaches of the Yangtze River, flow into three Gorges reservoir 13th start rapid gains. As of 14th, inflow increased to around 18,000 cubic meters per second, to the end of the Yangtze River water peak dry season ushered in the first, since the beginning of this year, the three gorges water maximum value measured.   Cascade dispatch communications center to provide real-time water regime of three gorges project show that started on May 13, water flow in the upper reaches of the Yangtze River rises from around 10,000 cubic meters per second, [...]

Reported 57% 10% rich family income in the mainland accounted for social income

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  On May 13, Southwestern University of finance and family financial investigation and Research Center in Beijing, China releases national survey of family financial first China report. As of August last year, average household financial assets of $ 63,800 in mainland China. Among them, average urban household financial assets of $ 112,000, average rural household financial assets of $ 31,000, significant differences between urban and rural areas.   Reports show that as of August 2011, China’s average household assets of 1.2169 million Yuan, average urban household is 2.476 million Yuan, rural families averaged $ 377,000. Families with an average annual mean disposable [...]

Baked pork pig market regulation and the new pre shouchu in order

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  National development and Reform Commission announced on 14th, the departments concerned are now strictly in accordance with the new regulation plans for alleviating swine market prices of cyclical fluctuations, the Organization conducted freezing pork shouchu, prevent excessive pork prices fell, maintenance of farmers interests.   According to the price of development and Reform Commission Deputy Director Zhou Wangjun introduced, after the Spring Festival this year, under the influence of cyclical fluctuation of live pig, pork prices continued to go down. On April 11, showed up with an average price of $ 14.61 per kg of live pigs, pig grain prices fell [...]

Import and export double-down: Shanghai customs district trade increased risk into the losing streak

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  In March, exports fell for the first time in nearly 13 months later, in April, the Shanghai Customs District of both exports and imports also shrank, indicating that China’s export-oriented economy area of Yangtze River Delta, one of the most important foreign trade into the risk of losing streak was increased.   14th Shanghai Customs released the latest statistics, in April, import and export in Shanghai closed $ 64.18 billion, down 3.7%, fell by 8.7%. Export $ 39.69 billion, down 2.9%, declining for the second month in a row; import $ 24.49 billion, down 5%. This is since November 2009, decline [...]

Adjust the pace of the Yangtze River Delta industry service sector accounts for more than half

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  Forced down by resources and environment factors, industry structure to the Yangtze River Delta “321″ accelerating the adjustment. 16 cities in Yangtze Delta services increased in the first quarter of this year value 885.9 billion yuan, proportion of GDP reached 46.4%, rose 0.6%.   13th reporters from long engaged in the Yangtze River Delta region economy analysis on the running track, and the study of Wuxi City Bureau was informed that for services in Yangtze River Delta region in the first quarter of this year increased 885.9 billion worth, the average growth rate of 9.3%, 0.3% faster than the GDP growth. [...]

The China insurance regulatory Commission: adjusted investment proportion of insurance funds

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  Notice about regulatory matters related to management of insurance funds   The insurance group (holding) company, insurance companies and insurance asset management companies:   To adapt to the current situation of macro-economic development in China, deepen the reform of insurance funds utilization, better implementation of the interim measures for the management of insurance funds (hereinafter referred to as the way of application of funds) and other regulatory requirements, preventing investment operations risk, in respect of the notice as follows:   First, of the funding measures for the application of the first paragraph of the 54th, insurance group (Holdings) significant equity investments in companies, [...]

Examining the single preferred stock investments increase industry investment of social security fund

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  After more than 10 years of development, by the end of 2011, the National Council for social security fund management of the total size of the Fund had reached $ 868.82 billion. Among them, industry investment 137.572 billion yuan, 16%. With the growing of the national social security fund, industrial investment in the asset allocation of the Fund plays an increasingly important role. For some time to come, the National Social Security Fund Council will work to increase the intensity of industrial investment, actively supporting the economic development entities.   In accordance with the provisions of the relevant authorities of the [...]

Commodity supply and demand this year for the first time into the real economy or decline

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  CNS, Hangzhou, May 14-today, by Bao Sheng shares the first unit of the Internet–network business in China–building commodity data business in its official microblog publishing data: early May supply and demand of commodities index (BCI) to-0.33, is to turn negative for the first time this year. Analysts believe that China’s economy faces “stagflation” risk.   According to this year’s test data, BCI index for January and February is 0.16, 0.04, for April, early May to-0.33, up-0.92%, reflecting macro-economy is continuing a downward trend. Especially in early May reduced to-0.33, was released from the real economy falling trend is clearly a “danger [...]

Energy Council: increase when fixed electricity in April 389.9 billion-kilowatt 3.7%

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  Zhongxinwang, May 14 today, State Energy Board announced April consumption data of the whole society. Zhongxinwang understanding energy channels to April, when consumption of fixed 389.9 billion-kilowatt, up 3.7%.   Energy Council, January-April, when consumption of fixed 1.5554 trillion-kilowatt, up 6%. Classification, primary industry when electricity 26.7 billion-kilowatt, reduces 4.2%; when the secondary industry consumption 1.1294 trillion-kilowatt, 3.7%; when the electricity consumption of the tertiary industry of 181.7 billion-kilowatt, an increase of 12.5%; when the consumption of urban and rural residents of 217.6 billion-kilowatt, an increase of 15.4%.   January-April, the cumulative average utilization hours of power generation equipment to 1480 contact [...]

Shanghai, Shenzhen, Guangdong, Zhejiang, was granted this year to continue their own bond pilot

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  14th reporters from China’s Ministry of Finance informed that, upon approval of the State Council, 2012 Shanghai Municipality, Zhejiang Province, Shenzhen City, Guangdong Province, will continue to undertake local governments issue bonds in their own experiments.   Recently issued by the Ministry of the 2012 pilot local governments issue bonds in their own way clear pilot provinces (City) Government bonds by the Treasury agents servicing.   Way pointed out that the pilot provinces (cities) issued the annual issuance of government bonds management, total debt for the year shall not exceed the size limit to issue bonds in the year of the approval [...]

Prices of agricultural products wholesale market in the country

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  Beijing-Kowloon Centre for agricultural products wholesale market in Dongguan, Guangdong: vegetable oil (bulk) 12 Yuan/kg rice (plain) 4.48 palm oil 8.5 RMB yuan/kg/kg   Fruits and vegetables grocery market in Dongguan in Guangdong: mango (first) 6.5 Yuan/kg of longan (good storage) 22 mountain bamboo 17 RMB yuan/kg/kg   Shanghai Center for agricultural products marketing company: soya beans 8.5 RMB 6 Yuan/kg/kg pineapples 5.6 Yuan/kg   An Jo wholesale market in Shanghai: tomato corn 2.8 RMB 5 Yuan/kg/kg leeks 2.3 Yuan/kg   Great Ocean Road, Chaoyang District, Beijing agricultural products wholesale market: 1.6 Yuan/kg lettuce $ 6.16 per kilogram of eggs of adzuki bean 9.2 [...]

Steady growth in the total human resources personnel effectiveness in China to further enhance

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  14th reporters from Central talent group for the coordination of the Office was informed that, for the better implementation of the national platform for medium-and long-term human resources development planning (2010-2020), accelerate the pace of construction of talents, the talent work coordination group, under the leadership of the Central, the Central Organization Department, the Ministry of human resources and social security, the National Statistical Office jointly organized a national talents resources statistical work for 2010. That work has ended a few days ago, this was in 2008 after the relevant departments to carry out part of the talent development indicators [...]

Development and Reform Commission: vegetable prices rebounded late due to weather seasonal fall

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  Zhongxinwang May 14, according to the national development and Reform Commission website message, in late April, vegetable prices fell a modest rebound. Development and Reform Commission said that was largely influenced by the Guangdong suffered prolonged heavy rainstorms, such as inclement weather, as well as individual species in some areas such as Chinese cabbage, carrot dongchu full withdrawal, reduction in the supply of short-term factors such as impact. With large listing of summer vegetables, vegetable prices in China as a whole is a seasonal down trend.   This spring, vegetable producing areas of North China sustained low temperature effects, and vegetable [...]

Fangchenggang hundred million ton Harbor energy how? Port training market

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  After decades of development and construction, fangchenggang has become the first major ports along the coast of China and Western port. “403-407 berth will be put into use during the year, this year, the port built pier of the actual capacity will exceed 100 million tons, and hundred million ton Harbor target. “Su Yuanhui Fangcheng port group Deputy General Manager said.   As a young port located in the coastline southwest of the motherland, Fangcheng port to achieve the hundred million ton Harbor historic leap, the backbone of what?   Logistics hub as well   ”48 million tonnes of coal, 38 million tonnes [...]

Private economy development’s paradise “Quanzhou manufacture” shifts “Quanzhou created”

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  Quanzhou private economy thriving, unique. Into private economic development in Quanzhou amusement park, we will start promoting the development of private economy from the following aspects:   One is to focus on the real, the franchise industry. Enterprises must do massive, strong industry, this is the magic weapon of enterprise competition, is to push in Quanzhou private enterprise “the second pioneering work”. We must concentrate our resources, supports a number of leading backbone enterprise, through capital operation, such as brand management, mergers, joint, enlarged and overlay edge, speeding up the formation of “carrier grade”, “flagship” big enterprises and groups.   Is a [...]

Fixed electricity consumption growth in April per cent negative growth

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  According to figures released by the National Energy Board on 14th April, when the power consumption of the entire society in China 389.9 billion-kilowatt, an increase of 3.7%, less than per cent in March, from the negative.   Data show that in January-April, when consumption of fixed 1.5554 trillion-kilowatt, up 6%. Classification, primary industry when electricity 26.7 billion-kilowatt, reduces 4.2%; when the secondary industry consumption 1.1294 trillion-kilowatt, 3.7%; when the electricity consumption of the tertiary industry of 181.7 billion-kilowatt, an increase of 12.5%; when the consumption of urban and rural residents of 217.6 billion-kilowatt, an increase of 15.4%.   Director, Center for [...]

FDA: not completed before June examined capsule products sale

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  14th reporters from the State food and Drug Administration was informed that, based on submissions of pharmaceutical gelatin and gelatin capsule detection analysis, there exists some self test self test and sampling around the level is not high, uneven progress, and examined issues such as implementation is not in place. To this end, the State food and Drug Administration recently issued a circular, required further implementation of medicinal, medicinal capsules and gelatin capsules drug check requirements.   The circular points out that the Enterprise shall not be examined is not completed for any reason, temporary closure of enterprises who cannot finish [...]

Fixed double drop in consumption growth in April had passed signal

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  According to figures released by the National Energy Board on 14th April, when the power consumption of the entire society in China 389.9 billion-kilowatt, an increase of 3.7%, less than per cent in March, from the negative. As the economic operation of the “bellwether”, usage appears “double down” macroeconomic operation of signals were passed? This reporter had interviews with relevant experts and scholars.   Director, Center for energy economics, Xiamen University analysis says Lin Bo Qiang, in April, the power consumption of the entire society from the negative absolute energy consumption than when the decrease of March. “This shows that China’s [...]

Will expand on the mainland Taiwan agricultural land on the island range of customs tariff

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  Post a message here on the Department of Commerce, 14th and the framework agreement on economic cooperation between the two sides of the Strait (ECFA) since the signing, to Taiwan by the Mainland side to implement zero tariff of Taiwan agricultural products has over 50, this year will be further liberalized Taiwan possibilities of variety and quantity of agricultural products to enter the mainland market, expanding the scope of agricultural land on the island customs tariff.   Commerce Department Secretary of chenxing and sincere service to Hong Kong and Macao “ECFA and cross-strait agricultural trade forum,” said in his speech, on [...]

109 the Central cultural enterprises shall truthfully and to pay a State-owned enterprise of the year “dividend”

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  14th reporters from the Ministry of Finance informed that expand the scope of State-owned capital operation budget implementation as an important initiative, China Publishing Group, 109 Central cultural enterprises such as China’s foreign cultural group into the State-owned capital gains this year to declare and pay range.   Ministry of Finance recently issued the State-owned capital gains charge on 2012 annual notice, clearly state-owned capital gains received were important aspects of the management of State-owned capital operation budget, inclusion of new State-owned asset budget implementation of cultural enterprises in the middle of the range you want to report in a timely [...]

Analysis of China have much policy space to guide the economic soft landing

Posted in Economy News

  Many economists had forecast new Shanghai, May 14 in “China’s economy bottomed out in the first quarter”, but April economic data series unexpected growth occurs. Analysts in Shanghai, China will further ease credit and fiscal policies to support economic growth, and China’s policies have a great use of space, enough to guide the economy to a soft landing.   Before the April economic data released, part of the market leading indicator, suggesting the economy is stabilizing, official purchasing managers ‘ index rose for 6 consecutive months. But last week’s data for April were weaker than market expectations, one of the most [...]

Goldman Sachs: China Central Bank to further drop

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  Goldman (Goldman Sachs) on Monday (May 14) reported, people’s Bank of China (PBOC) is correct and suitable reduction initiatives, but to radically reduce borrowing costs for companies, central banks need to be further reduced.   Report pointed out that the people’s Bank of China cut deposit reserve ratio by 50 basis points, which is a correct move, could lower interbank interest rates. The Bank believes, in view of the banking sector liquidity remains tight, the progressive reduction of the positive effects.   To the above judgement, Goldman Sachs raised two points: first, three-month interbank offered rate was 4.6%, while interest rates are [...]

Shanghai restriction policies strictly perform the single restriction of the 2nd Shanghai subjects

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  Further Department of housing management published in Shanghai after the announcement against a foreign residence back social security and housing, real estate trading center in Shanghai recently on the restriction of the policy and the new provisions: single Shanghai household registration of persons, if the name has a separate set of housing, no longer able to buy second homes. To the above message, Yangpu, Hongkou district, Jinshan district, and town, Fengxian district, Songjiang district, real estate trading centre was confirmed, and single subjects name of Shanghai have owned an apartment you can also purchase a second.   2011 Shanghai Edition “restriction [...]

Restriction of the new deal in Shanghai: sales quota for singletons 2nd series

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  Media news that Shanghai real estate trading center on the restriction of the policy is created new requirements: single Shanghai household registration of persons, if the name has a separate set of housing, no longer able to buy second homes. It is learnt that the restriction of policies in local household registration has begun to purchase second homes and severely, one month before the single household has owned an apartment under the persons name you can also purchase a second.   To the above message, Yangpu, Hongkou district, Jinshan district, and town, Fengxian district, Songjiang district, real estate trading centre was [...]

Agricultural Bank of China signed an agreement with the Ministry of agriculture added 50 billion to support the modern animal husbandry

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  14th signed an agreement with the Ministry of Agriculture of ABC, intention of not less than $ 50 billion of the total proposed new credit lines, support of Inner Mongolia, Gansu, Qinghai, Ningxia, Xinjiang and other key pastoral development, promoting the development of modern animal husbandry.   Recently, the research center of the Chinese Academy of Sciences China’s modernization of China modernization report 2012, 2008 China agricultural economy than the United States for about 100 years behind, agricultural labor productivity about 10 times lower than industrial labor productivity in China, China’s agricultural modernization level about low level of modernization in China [...]

Vanke frequent quality problems or there is no guarantee that a leader position

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  Wanke residential frequent quality problems, Wang admitted, China vanke to quality may be reduced to the second and the third. Frequently in quality, compresses branches of market share? Sacrificing quantity for quality, real estate leader whether it will really go first on the throne?   According to the voice of the economy the Central wide financial review reported that branches are backed by real estate industry leader in China, and is also the world’s largest real estate companies. However, the old saying that good jiangshan easily sat jiangshan. In the just-concluded China vanke Group shareholders ‘ meeting, Wang said with undisguised, [...]

Survey: car buyers spending growth of Shanghai residents living expenses reduced

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  Sun, May 14 at the national real estate in Shanghai under the influence of regulation and policy, Shanghai property market stabilised, marked decline in spending on people living in Shanghai. National Bureau of investigation Corps 14th Shanghai issued a survey of urban residents per capita disposable income of families, residents of Shanghai residential spending continued to slow down this year, and car expenses started to return to growth.   Reports, vehicle purchase tax concessions and the “old-for-new” policy exit and use factors such as costs increase, family car purchase Shanghai City residents slowdown last year reduced the base, residents purchase began [...]

Fixed electricity consumption per cent increase in April 3.7%

Posted in Economy News

  According to figures released by the National Energy Board on 14th April, when the power consumption of the entire society in China 389.9 billion-kilowatt, up 3.7%.   Data show that in January-April, when consumption of fixed 1.5554 trillion-kilowatt, up 6%. Classification, primary industry when electricity 26.7 billion-kilowatt, reduces 4.2%; when the secondary industry consumption 1.1294 trillion-kilowatt, 3.7%; when the electricity consumption of the tertiary industry of 181.7 billion-kilowatt, an increase of 12.5%; when the consumption of urban and rural residents of 217.6 billion-kilowatt, an increase of 15.4%.   January-April, the cumulative average utilization hours of power generation equipment to 1480 contact hours, [...]

Construction of affordable housing to as many fake old new digging filling pile

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  Recently, Wuhan, Zhuhai, Dongguan and other places to “brand” playing tricks such as digging up the construction of affordable housing figures, brand of old apartments serve as a stopgap, digging piling deceive to fool people. Internet users believe that unclear concept of affordable housing, insufficient power of local governments, funding gaps, and other problems to be solved.   Replace the beams with rotten timbers level caught up with magician   Affordable housing “OEM” sparked media attention. Named “If you love” netizens expressed, affordable housing figures so full of water, Central macroeconomic regulation and control policy and how to implement? Netizens called for [...]

Private lending “turned” professional financial management transformation of Yi “appetite”

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  Started to loan intermediaries should be outstanding wealth investment management (Beijing) Limited (hereinafter referred to as “Yi”), seems to have been “turned” a major financial institution, as “investors” recommend financial products and even financial, trust companies promote products for customers. On the Guangzhou Expo, to be held a few days ago, and much of its staff armed with CitiGold relationship manager business card, enter promotional business. Public information and awareness, it is difficult to see the company associated with the debit network platform.   Should be “appetite” is growing. The business news reporter learned that, recently, in the form of the [...]

Hong Kong Exchange Fund seeks investment diversity

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  ”Temasek in Hong Kong” or   Hong Kong S.A.R., Mr Tsang, the Financial Secretary and the Monetary Authority, Mr Norman Chan, Chief over to discussion on diversification of investments of the Exchange Fund of Hong Kong respectively, speculation that Hong Kong’s Chief Executive-designate Mr LEUNG Chun-ying to establish “version of Temasek” or expected to take place.   He published an article on May 13 said, long-term review of the Exchange Fund in the new asset classes. He said, assumed office in 2007 after market including advanced economies realize that traditional asset returns on stocks and bonds have reduced year by year and [...]

“Yu-new Europe” return short supply planning in Chongqing “on European Trade Center”

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  [Attracting European investors by "Yu-new Europe" channel, build a trade center in Chongqing, only goods and commodities in Europe take the initiative to go "Yu-new Europe" channel to China in order to fundamentally resolve the return cargo supply problems]   Chongqing is trying to pass “on the European Trade Center” to solve the “Yu-new Europe” line return goods sourcing problems.   On May 12, plans to create new two rivers area in Chongqing “on European Trade Center” has signed up 4 projects, involving the Agency amounted to $ 5.4 billion.   Return cargo woes to be solved   Chongqing new Europe (Chongqing) Logistics Limited [...]

Railway reform plan or debt problems introduced in the second half divided

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  Railway reform in dispute for several years, maybe this year, there will be a preliminary programme.   Recently, a person involved in research to develop the railways reform programme told the Business Journal reporters, Ministry of railways reform programme has the potential to put forward in the second half of this year, but the implementation may have to wait until next year.   The person, at present, several ministries is to carry out the study on the new round of discussions on the reform of the railway, generally on the separation and the company operated branches under two basic little objection, but [...]

Local bonds on their own small steps slowly progressive budget law of the urgent need for a new escort

Posted in Economy News

  Although last year’s pilot was smoothly, pilot local governments issue bonds in their own region but no expansion plans this year.   Yesterday, the Treasury has announced the 2012 pilot local governments issue bonds in their own way, (hereinafter referred to as the 2012 approaches), compared with the pilot approaches in 2011, the main difference is only increased the variety of a 7-year, pilot areas are limited to four provinces in Shanghai, Guangdong, Zhejiang and Shenzhen.   An interview with the China business experts believe that four provinces and municipalities issuing bonds on their own lines of this year will only slightly [...]

Financing plunge: Wenzhou financial “crisis aftermath”

Posted in Economy News

  To avoid queuing peak, Wenzhou Professor Jun at 2 o’clock in the afternoon to go to the Bank to handle the business of the party school, but she never thought, flows even in the past few afternoons, remained long in the Bank’s team. A bank officer told her softly, a lot of people to repay mortgage loans, and most of them are no longer continued lending.   ”Now, the demand for bank loans, not the banks do, but economic problems do. “Financial study of Wenzhou Jun said.   More than 10 years in the past, Wenzhou “national property”, “universal borrowing” make a [...]

Reform of local administration frequently try out details

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  Reform in senior level although less obvious, but the local Council action.   In recent days, close to the railway Ministry sources told the Business Journal reporters have been, places railways in the entire reform programme has played an extremely important role in the development of. “In addition to participating in the discussion and to provide research parameters, they also bear on practice reform programme for refined do the task of reasoning in more detail. ”   For many years, local reform experimental clues went on, after entering this year, action more closely. This reporter learned from the people close to the [...]

Enterprise annuity investment there is no “trial and error” opportunities

Posted in Economy News

  Endowment of the Yangtze River, Chairman of HP:   Enterprise annuity as an important part of pension, the old-age security function determines the order of its investment principles are safety, profitability, liquidity, which must guarantee the safety of funds raising funds on the basis of yields, while ensuring a certain degree of liquidity needs. Recently, the endowment of the Yangtze River, Chairman Ma Lik told the business daily in an interview that, as a corporate annuity investment manager, Enterprise annuity for the pursuit of security, there is no “trial and error” opportunities.   Last year on a range of factors conductive to [...]

Balance approximations to issue bonds for the third time during the year of Ministry of railways “40%” Red

Posted in Economy News

  In two issue a total of $ 30 billion in the first quarter after a medium-term notes, the Ministry announced yesterday, will be held on May 17 (Thursday) in the interbank market in 2012, the first period of short-term financing bonds, intends to issue amount of $ 20 billion, it is the third time since the beginning of this year, the Ministry of railways public bond financing.   In accordance with the provisions of the securities law of the public offering of bonds shall not exceed the net worth calculation of 40% red line, the Ministry is currently public offering of [...]

April FDI 6 consecutive months or per cent negative growth

Posted in Economy News

  In April, foreign direct investment (FDI) data to be released. People in the industry are expected, as demand at home and abroad are not optimistic about FDI per cent negative growth after 5 months in a row in April, probably fell slightly compared, and continued negative growth trend. Analysts believe that the continuous decline in FDI relieve pressure on foreign exchange, Central Bank reduced reserve requirements there is still room for the year.   Continuous decline in FDI due to internal and external factors   Industry insiders said in April, FDI is expected to be around US $ 8 billion and us [...]

BCI business indicators turning for the first time during the year

Posted in Economy News

  Business Po its commodities business data–14th disclosures show in early May (1st) supply and demand of commodities index (Bulk Commodity Index) BCI displayed to-0.33, is to turn negative for the first time this year.   Historical monitoring data show that BCI indices from January of this year (0.2), (February), year (March), year (April) to early May-0.33, reflect macroeconomic continues downward, especially in early May the data to-0.33, releases the real economy falling trend is clearly a “danger signals”. Through its manufacturing sector and the macroeconomic “barometer” index of BCI business publication in 2012 the economy for the first time “hazard warning”, [...]

Shanghai Consulate first PM2.5 data and environmental protection departments to respond to

Posted in Economy News

  New Shanghai, May 14 in following the United States release of the Embassy in Beijing after PM2.5 monitoring data, United States Consulate General in Shanghai published 14th Shanghai PM2.5 data.   Data published the first day, the Consulate of monitoring data and very different from the figures released by the Shanghai environmental protection Bureau, once about 3 times in between times, causing hot people here.   Shanghai Environmental Protection Department responded that day night, monitor differences mainly because of the conclusions of evaluation follows the two systems are different.   Introduction of Shanghai municipal environmental protection Bureau Deputy Chief Luo Hailin, Consulate AQI [...]

Heavy rain in some areas the Department concerned actively doing mass rescue placement

Posted in Economy News

  Hunan, Guangxi, Jiangxi, recently experienced severe rain weather, all departments concerned to seize the intermittent periods of strong rains, rescue placement of the affected people, do a good job of preventing a new round of rainfall.   This reporter learned from the Hunan province flood control and drought relief headquarters, ended 14th, two rounds of recent strong rains caused the province’s 2.9106 million people affected, 2.879 billion yuan in direct economic losses. 8th, there have been two rounds of heavy rain process in Hunan province, rainfall and covers most parts of the province, heavy rains mainly in the North of the [...]

Pick-up in prices caused by the cardholder confidence slightly down

Posted in Economy News

  Union Bank of China card April consumer confidence index released   April “Union Bank of China card consumer confidence index” (“BCCI”) recently issued. According to the BCCI in the month of 86.65, sequential, and decline and 0.12 per cent respectively. Analysts believe that the price rise is a leading cause of consumer confidence fell slightly.   In April, the cardholder spending on non-essential consumption reduced.   In April, due to the approach of “Labor Day holiday, to rebound in agricultural food prices stopped falling, causing BCCI fluctuated. Ministry of agriculture, agricultural products from the wholesale price index in April began to rebound after [...]

Fair prospect in Hunan “open strategy of” seeking self-breakthrough

Posted in Economy News

  On the geographical map of China, Dongting Lake in Hunan in the South of the inland provinces not not from East to West, in Eastern and Western industrial transfer in the fierce competition between survival and development. Even so, look for “open rise” of proceeding from reality in Hunan, bold exploration and innovation, adhere to the new way of opening up of the Mainland economy, gain is gratifying “report card”.   From Hunan province business Office of statistics data displayed, 2011, Hunan actual using foreign Home Central area first, introduced 8 Home World 500 strong enterprise, became Hunan history Shang introduced [...]

Haimen deep investment in Hong Kong nearly billions

Posted in Economy News

  Yesterday, reporters learned from the haimen city, Jiangsu Province, which was held on May 12 and 13th respectively in Hong Kong and Shenzhen modern logistics and high-end manufacturing investment environment promotion meeting in China, attracted around Hong Kong, Shenzhen in China over more than 300 merchants to participate. On the tour, haimen and the successful signing of 29 projects in Hong Kong, Shenzhen enterprises, the cumulative total investment of billions of dollars, Hong Kong sign 7 projects, total investment of US $ 500 million Shenzhen signed 22 projects with a total investment of $ 6.04 billion.   Commercial reported reporter understanding [...]

Ernst investigation: Chinese investment attraction is still the largest

Posted in Economy News

  Also follows the latest “capital confidence barometer” survey results show that China is still one of the most attractive investment regions, followed by India and the United States, and Brazil and Indonesia.   Ernst greater financial head of transaction advisory services partner Bob Partridge said: “Although China’s high economic growth rate has slowed, but the debt level remains low, position in the market is in a good position, and the opportunity to exploit trading opportunities with high added value. 70% per cent of respondents indicated that the coming year will further reduce the already low level of capital liabilities. 44% will [...]

Central Bank once again drop “steady growth” fiscal policy was needed to follow up

Posted in Economy News

  On Saturday (May 12) evening boots fell to the ground. Central Bank announced that, from May 18 per cent deposit financial institutions renminbi deposit reserve rate 0.5%. About 420 billion yuan is expected to release liquidity for stable economic growth is undoubtedly the one shot. Reducing effects on time and reason, different bodies have different interpretations. But in the 11th is not optimistic after the publication of economic data such as import and export, industrial added value, the Central Bank made the next day reduction decided, apparently is a timely response to current economic obvious downside. Even so, people in [...]

Prices even fell in the middle of the Renminbi appreciation of the 4th expected to reduce

Posted in Economy News

  April economic data suggests that stable growth and arduous tasks, the Central Bank announced Saturday cut its rate of bank deposits and gold, for the second cut during the year. Under the influence of this yesterday (May 14) against the dollar rate and the domestic spot market closing prices are varying degrees down, median price fell to a record low since April 20, this was a spot close most in four weeks.   Worthy of note is that because of weak economic growth in China, some economists interviewed by the daily economic news, recent downward currency increases were expected during the [...]

Japan-Korea cooperation in a more pragmatic emphasis to actions

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  Experts believe that the gift of complementary factors in China, Japan and South Korea looks a lot, but most remain in the “descriptive” level. Subject to other conditions, was not well developed in these complementary conditions of cooperation. Therefore, only cooperation conditions were not enough, the parties must also have the willingness to cooperate. Only operational complementarity, is truly complementary.   On May 13, Japan and South Korea on the promotion, facilitation and protection of investment agreement signed in Beijing. Total includes 27 and one additional protocol to the agreement, cover usually contains all important elements of international investment agreements, including [...]

Shanghai’s “camp-modified increases” pilot should not be too long

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  Shanghai municipal finance and tax departments according to the 13th, pilot enterprises in the city and a quarter of the original VAT general taxpayer “camp-modified increases” pilot overall reduce the tax burden of about $ 2 billion. Since January 1 this year, Shanghai transportation tax levying sales tax pilot and part of modern service industry. To date, “camp-modified increases” pilot has been over five months time, tax effect? Reform will expand the scope? Has been the focus of concern.   ”Camp-modified increases” resolve double taxation   Shanghai municipal services complete range, radiation visible, select Shanghai to pilot, and for the full implementation [...]

Mining industry discussion on China-ASEAN bilateral cooperation

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  2012 China-ASEAN Forum on mining cooperation and promote exhibitions recently held in Nanning, Guangxi. China and the ASEAN countries, the relevant government departments, the Mining Association of Heads of organizations and relevant experts, scholars, a total of more than 1000 people work around the Government, investment financing, products, projects, cooperation, and other topics in depth. At the meeting, China and ASEAN senior officials of the relevant departments of the State analysis of new mining development in the current international situation, on new approaches to international exchanges and cooperation in mining, and reached in the mining areas between China and ASEAN [...]

Poor economic data easing open but will be more cautious

Posted in Economy News

  Wang Tao   UBS Managing Director and head of China research   Said Yu song   Goldman Sachs Gao Hua Chinese macro-Economist   Mr Qu   HSBC Chief Economist and head of research Asia Pacific economic co-   Recently, a series of macro-economic data emerging, in addition to the consumer price index? Point in the CPI? Outside the snow fell back comforting to reproduce, investment, industrial production, consumption, exports and revenue data are weak, weak need further inside and outside to emerge. In this context, the Central Bank in the evening of May 12 cut deposit reserve rate 0.5%, displays the policy adjustment trimmer has significantly [...]

Xian: leading digital city construction

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   “Digital city geography information sharing Symposium 2012 digital geo-spatial framework of XI ‘ an application of” recently held in Xian. Industrial ecological purpose of this workshop is to build a digital city contribute more, the promotion of geographical information resources integration and application intelligence.   According to understanding, “digital Xian geographic space Framework platform” in geographic information framework Foundation Shang promote has Xian City geographic information resources of integration and shared, implementation has Xian City management and service of space of, and fine of, and dynamic of, and Visual of, further promoting has regional public geographic information service platform construction, [...]

Structural financial reform: Shanghai to consolidated supervision

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  And open compared to spindle Wenzhou private finance for financial reform, is supposed to be promoting the financial structural reform in Shanghai City–this is the building of Shanghai international financial center needs, is the deepening reform of financial need. Select Shanghai as a pilot city for the reform of China’s financial structure, capital account liberalization and financial regulatory reform both of the pilots, both against the risk of full implementation raises system need, for Shanghai, and more by 2020 to create urgency in international financial centres.   At the global financial landscape, depth changes in trade patterns have been in nearly [...]

Pushed financial services entities in Quanzhou of Fujian economic fully mechanized construction of modified zone

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  Fujian Provincial Government recently introduced on financial services entities in the economic development of the article 11 notification of measures (hereinafter referred to as the circular), from direct financing of credit support, micro-enterprises, strengthening small and medium-sized financial services 11 financial services entities, such as economic development. Pingtan and Quanzhou development focus was mentioned. The circular pointed out that, to promote the construction of comprehensive reform of national financial services economy experimental zone of Quanzhou, Quanzhou in the State approved the establishment of the national financial and support services prior to the comprehensive reform of the real economy experimental zone [...]

First China family financial investigation report released

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  On May 13, Southwestern University of finance and family financial investigation and Research Center in Beijing, China releases national survey of family financial first China report. Report shows, in the family of stock market in China, earnings accounted for 22.27%, 80% family near break-even or loss, not to make money from the stock market.   As Southwest financial University together people’s Bank of China common carried out of a items major research project, the report total lasted three years, based on national 25 a province, and 80 a County, and 320 a community total 8,438 a family of sample data summary [...]

Li Zuojun: industrial restructuring and upgrading need to guard against excessive government

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  Shanghai Securities News: you wrote, as the pressure increases, the consumption structure upgrading of resource and environment and “high cost time” arrival of industrial transformation and upgrading have no choice. What is the reason?   Li Zuojun: at present, the community, including the Government and enterprises, survival, and development costs are gradually improving, “high cost times” has arrived, only seeking to develop new industries to higher-value products, only through the industrial upgrading, to resist the pressure of high cost.   I stress, because China is still in the stage of industrialization in the late, industries and the development of the most important [...]

Wang Zhonghong: abolish the industrial development not harmonious “notes”

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  Future development of industry, experts on Industry Research Department of the development research center of the State Council Wang Zhonghong count three of discord in the industry “notes”, that sort of “three squeeze” phenomenon: virtual economic squeeze on the real economy, the extrusion of large enterprises to small and medium enterprises, as well as State-owned enterprises to private firms, extrusion, and made a series of observations and recommendations.   Sound industrial transformation and upgrading of the incentive mechanism in stalemate   Shanghai Securities News: transformation and upgrading, improving the core competitive power of industries are “Twelve-Five” the main task of industrial development. [...]

Insufficient supply credit good loan demand reduction calls for interest rate cuts

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  Central Bank slashed on 18th reserve, is expected to increase the supply of credit. However, analysts point out that, in the context of slowing economic growth in the real economy on credit there is a structural problem of insufficient demand, simply cut reserve requirements will not solve this problem, interest rate instruments or be sold.   Bank loan supply capacities at the promotion   UBS Securities believed that cut the deposit rate will raise the money multiplier to speed up currency circulation, which helps further relieve pressure on bank deposit-side, thereby indirectly improving banks ‘ ability to supply of funds on the [...]

Shandong is expected to be in the forefront Japanese-ROK free trade zone construction

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  Recently in China, Japan and South Korea signed the investment agreement and decided to start Japan-Korea FTA negotiations during the year. China initiative, China adjacent to the locational advantages of Japan and South Korea, Japan-Korea economic cooperation model in the construction area, and positive consideration in our selection of regional cooperation, establishing industry base of cooperation of the three countries. In this regard, Qingdao Academy of social sciences, Liu Zhiting, a researcher in an interview with reporters, said the economy, Japanese-ROK free trade area negotiations are about to take substantive steps in, especially by virtue of location advantages of Qingdao, [...]

Japanese-ROK free trade would benefit more in industry

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  Recently in China, Japan and South Korea decided to start Japan-Korea FTA negotiations during the year. Research Institute for Northeast Asia regional economic cooperation and development of Commerce Deputy Director Li guanghui, told reporters, did not come from the establishment of trade will bring power to the economic development of the three countries, energy conservation and environmental protection, trade logistics, and many other industries are expected to benefit.   Compared to China, Japan and South Korea free trade area, the difficulty of establishing Sino-Korean free trade zone is considered relatively minor. Minister of Commerce Chen Deming and Korea officials said, will [...]