More than 3 billion yuan investment not fully effective

BEIJING, March 24, 2006 to 2008, the state in 103 counties invested more than 3 billion yuan in rural drinking water security projects and not fully effective.  The audit report released today disclosed that the audited projects were intended to address the problem of drinking water security for 7.8 million of people, but there are still 1.23 million people who are not being addressed. In addition, due to the management and institutional deficiencies, some of the completed rural Drinking Water safety project has a low quality of water supply, high operating costs, management and maintenance is not in place and the engineering utilization rate is not high problem, shadow ...

565 kinds of drugs are included in local pricing range

The news yesterday, the National Development and Reform Commission adjusted the "National Committee on the Pricing of Drugs" (hereinafter referred to as the "pricing catalogue"), from 2005 1561 adjustments to 1917, 565 kinds of drugs into the provinces, autonomous regions, the central government price of the competent departments pricing range.  Specific drug catalogue can be logged on the National Development and Reform Commission website (www.sdpc.gov.cn) inquiries. Yesterday, the NDRC issued a circular on the adjustment of the National Development and Reform Commission pricing drugs catalogue and other related issues. The notice stipulates that the "pricing catalogue" of narcotic drugs and a class of psychotropic substances is priced from the government ...

U S president of Chicago Fed to visit China to avoid currency policy or change

Charles Evans, president and chief executive of the Federal Reserve Bank of Chicago, yesterday avoided the renminbi's exchange rate in Beijing on the grounds that the Fed should not be involved in the exchange rate issue at the policy level.  But at the same time he expressed concern that the U.S. economic recovery has yet to find a suitable engine, so the United States should maintain the existing moderate monetary policy.  The US economy grew at an annualised rate of 5.9% per cent in the four quarter last year, giving strong support to the global economic recovery, but numerous analyses suggest that the current recovery is almost entirely dominated by inventory investment. The U.S. domestic inventory cycle is around two ...

Mainland imports of Taiwanese goods in the previous February rose nearly

BEIJING, March 25 (Xinhua) The latest data from the Ministry of Commerce showed that China's trade volume with Taiwan in January-February this year was 18.91 billion U.S. dollars, up 77.1% year-on-year.  Among them, the mainland exports to Taiwan for 3.7 billion U.S. dollars, an increase of 67.7% per cent, imports from Taiwan for 15.21 billion U.S. dollars, up 79.5% year-on-year. The figures show that China's trade with Taiwan in February this year was 8.66 billion U.S. dollars, down 15.5%. Among them, the mainland exports to Taiwan for 1.61 billion U.S. dollars, the chain fell 23%, imports from Taiwan for 7.05 billion U.S. dollars, the chain fell 13 ...

Trade volume of mainland and Hong Kong rose by more than 24% in January-February

BEIJING, March 25 (Xinhua) The latest data from the Ministry of Commerce showed that the trade volume of the mainland and Hong Kong amounted to $25.31 billion in January-February this year, up 24.6%.  In the first two months of this year, the mainland exported more than $23.79 billion to Hong Kong, an increase of 22.9% per cent, and an increase of more than $1.51 billion from Hong Kong to 57.1%. Over the same period, the mainland approved Hong Kong businessmen 1417 investment projects, an increase of 44.8% per cent, the actual use of HK $7.2 billion, up 51.4%. By the end of February 2010, the mainland has approved a total of 3107 Hong Kong-funded projects.

Japan's February trade surplus rose by 818.8%

Japan's trade surplus of 651 billion trillion yen (1 U.S. dollars is about 90 yen) rose by 818.8% in February this year, driven by a sharp increase in exports of goods such as automobiles and auto parts, the Finance ministry reported 24th. The data showed that Japan's exports in February amounted to 5.1287 trillion yen, an increase of 45.3% per cent over a year earlier, and an increase of 3 consecutive months, with imports of 4.4777 trillion yen, an increase of 29.5% year-on-year, and a year-on-year increase of two consecutive months; ...

The Vice minister of Commerce said forcing the renminbi to appreciate would backfire (pictured)

March 24, China's vice minister of commerce, Zhongshan, attended a breakfast meeting in the U.S. business community in Washington, D.C. Xinhua News agency reporter Zhang June, Xinhua, Washington, March 24 (reporter Lina Liu Hong) China's vice minister of Commerce Zhongshan 24th in the Chinese Embassy in the United States and foreign reporters met, said the impact of the financial crisis, both sides are facing tremendous economic growth and employment pressure.  China and the United States should work together to tackle these problems, rather than looking for scapegoats for their own domestic problems, forcing the renminbi to appreciate will only backfire. Mr. Zhong said that the current Sino-US economic and trade relations are facing ...

Vice Minister of commerce visits US exchange rate to avoid phone-in

Nanfang Daily News (Beijing reporter/Lu Tianling intern/Shukin) The recent trade frictions between China and the United States, the U.S. Congress is more aggressive posture, trying to oppress the renminbi appreciation. As the Sino-US trade war is on the horizon, March 24, vice Minister of Commerce, Zhongshan, a group to the United States for a three-day visit.  The analysis points out that this will be a new round of trade diplomacy initiated by China and the beginning of a new round of negotiations between the U.S. and China on economic and trade issues. The reporter learned that the delegation led by Mr. Zhong will be with the U.S. Department of Commerce, the Office of Trade Negotiators, the International Trade Commission, the State Council ...

Greece set aside for IMF help plan euro fall to 10-month low

The euro was once again "fooled" and plunged, falling below the 1.3450 key support position, to 1.3354, the lowest level in the past 10 months, as the country poured cold water and Greece shelved its plan to help the IMF. This Tuesday, German Chancellor Angela Merkel said Germany agreed only to provide Greece with the last resort, the EU summit this week will not make a decision on Greek aid. Last night, Greek government officials said the alternative plan for recourse to the International Monetary Fund had been shelved. All this poses a pressure on the euro ...

Macao gambling industry says family is interested in investing

BEIJING, July 10 Xinhua comprehensive Taiwan media reports, Macao gambling tycoon Henge Hong Ho's daughter Pansy, 9th, attended the four sides of the cross-strait Women Entrepreneurs Forum, she said that the investment environment in Taiwan is not ripe for the time being no intention to invest. But she said: "I know my family, including my father and my brother, are very interested." "Bullish on the development of Taiwan's game industry Pansy Ho had a joint venture with MGM Mirage, the largest gaming group in the United States, to build Macau MGM Mirage Casino, which has been studied in the gaming industry. In her view, Taiwan's development game is "favorable location and excellent environment", but it depends on Taiwan's future policies. ...

National business sentiment index rises in second quarter

Yesterday, the National Bureau of Statistics also issued a quarterly situation report.  According to the report, the national Business sentiment index rebounded from the first quarter in the two quarter of this year. In the second quarter, industry, construction and real estate were the industries that picked up the business boom. Among them, the industrial enterprise Boom index increased by 12.2 points. The prosperity index of construction enterprises increased by 13.2 points, and the real estate enterprises ' business sentiment index increased by 18.7 points.  In addition, the business sentiment index of the wholesale and retail trade, transportation warehousing and postal, social services, accommodation and catering businesses increased, respectively, than in the first quarter. Experts believe that ...

Real estate boom index rises most

Statistics show that in the two quarter, the construction industry index rebounded to 128.9, raising 13.2 points, while the real estate business sentiment index fell for four consecutive quarters last year, the first quarter continued to fall and close to the critical value, while in the two quarter the real estate business sentiment index rose markedly, raising the margin to 18.7 points. Professor Zhou Qingjie, School of Economics, Beijing Business University: a very good sign.  The signs that we are starting to recover from other indicators at different levels in the previous period are consistent, and the future of real estate is more optimistic. Experts say that in the country a series of ...

The first press conference of the CPPCC's 11 session, the people's livelihood remains the focus

-Our correspondent Dinglia bin March 2 afternoon, the CPPCC's four meetings held the first press conference, the General Assembly spokesman Qizheng introduced the meeting, and answered the questions of Chinese and foreign journalists.  According to the briefing, the General Assembly secretariat has received 711 proposals, 423 General Assembly statements, and "Twelve-Five" planning, people's livelihood issues have become the focus of the press conference. To continue to carry out "Twelve-Five" planning in-depth research "Twelve-Five" period is China's overall construction of a well-off society, the key period of scientific preparation of "Twelve-Five" planning for continued to seize and use ...

Major cities in the first month of restricted purchase have dropped significantly

SouFun data show that in February, 72 large and medium-sized cities in the country only 239 commercial housing projects opened, compared with the January project opened 553 "Caixin Net" (intern reporter Bu Jun) new "Country Eight" promulgated has more than a month, the "Local edition" restrictions on the introduction of the purchase order has been introduced,  So that February local real estate developers of the push will be greatly reduced. SouFun Data Monitoring Center monitoring the national 72 large and medium-sized cities, in February only 239 commercial housing projects opened, compared to January project opening number of 553 reduction, the chain down 69.82%. The decline in residential projects is particularly limited to 20.

Gixiao: Calling for a vigorous development of money brokers

Gixiao, chairman of the CPPCC, has submitted proposals to the CPPCC's four-time meeting.  Gixiao, chairman of the National Political Consultative Conference and the President of Pudong Development Bank, recently submitted proposals to four meetings of the CPPCC, calling for a vigorous development of the currency brokerage industry to strengthen the RMB independent pricing power. Gixiao said that at present, the [Chinese] currency internationalization of a range of conditions are not fully equipped, especially in the market liquidity, size and price formation mechanism and the gap between the mature market. Therefore, the urgent task of promoting RMB internationalization is to accelerate the development of domestic foreign exchange market, finish ...

Bank of China launches new BOC owner's credit card

Nanfang Daily News (Reporter/Liu Honghui correspondent/Guo Xiaomin) Recently, the reporter from the Bank of China Zhongshan Branch learned that for car owners of vehicle management, refueling concessions and pards life and other series of demand, the Bank of China to create a new credit card products ——— BOC owner credit card recently launched. According to the introduction, the bank owner credit card card to avoid the first annual fee (brush five times from the following year), credit limit of up to 200,000 yuan.  To simplify the process, the owner card can also use a copy of the travel permit as a financial proof material. It is understood that BOC owners credit card holders can also quickly deal with the province of traffic violations ...

Transcript of the press conference of the four sessions of the CPPCC

The CPPCC is scheduled to hold a press conference on the four meetings of the CPPCC in Beijing on March 2, 2011 15 o'clock, with a briefing by a spokesman for the General Assembly, Mr. Qizheng, and answers to questions from reporters.  China Net: March 2 15 o'clock, the CPPCC's four conference press conference will be held in the Hall of the Great Hall, the General Assembly, Mr. Qizheng, briefing the meeting, and answer the reporter's questions. 2011-03-02 14:41:42 China Net: Qizheng CV: Qizheng 1940 born in Beijing. ...

Chenzhi column: Pilot GNP to replace GDP

National Committee of CPPCC members, Zhanglidong, chairman of the board of High-tech holding group, Chenzhi listed author: "Reporter of the Beijing report," the CPPCC member of the National People's Advisory Committee, Research and Development of High-tech Holding Group chairman Chenzhi said in Beijing, proposed through the central government to assess GNP (GNP) to replace the assessment of GDP (gross domestic product  Our national economy from the incremental development of the gradual transition to high-quality development. Chenzhi said that the local government's economic assessment indicators from GDP to GNP adjustment, can achieve the "four double dial" effect, is the central government easier to implement the fall ...

China becomes the world's number one building giant

March 3 Morning News According to foreign reports, last year, China invested more than $1 trillion in new construction projects, and the housing boom pushed China to overtake the US for the first time as the world's number one building power. China's construction spending soared during 2010, as demand driven by government stimulus boosted raw materials and labor costs, the Financial Times reported.  Meanwhile, construction prices in the US fell steadily during the recession and last year the country invested 983 billion dollars in construction projects, down from $1.5 trillion in 2005. "This is a real turning point in the history of construction ...

Tax reform to improve the starting point adjustment rate level

The corresponding adjustment of the income of production and operation of individual households and the income tax rate of the contracted lease operation is from "Caixin Net" (reporter Jing Trainee reporter 邢昀) Chinese government Network news, Premier Wen Jiabao today (March 1) presided over the State Council executive meeting to discuss and principle the adoption of the PRC Personal Income Tax law amendment  and the regional planning of Chengdu-Chongqing Economic Area. The meeting considered that in order to strengthen the adjustment of tax revenue to the income distribution, and further reduce the tax burden of the middle and lower income people, it is necessary to revise the personal income tax law, and to improve the income deduction cost standard, ...

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