China's first quarter consumption growth name solid fall

Xinhua Beijing, April 23 (Xinhua Jiang Rui, Wang) The People's Bank of China Investigation and Statistics Division issued a report of 23rd, said that the first quarter of this year, the nominal growth rate of Chinese consumption remained stable, real growth has fallen, food and housing prices are the main factor in the formation of this situation. The report, entitled "Analysis of China's macroeconomic situation in the first quarter of 2010", noted that China's total retail sales of consumer goods rose by 17.9% in nominal terms in the first quarter, up 1.3% from the previous quarter, up 2.9% from a year earlier, and 5.5% per cent on a quarterly basis, compared to the previous season.

BOC cancels mortgage 70 percent interest rate 89 basis point

Bank of China loans to cancel the 70 percent interest rate of the first set of mortgage recovery 85 percent, equivalent to "be raised rate" 89 basis points, suspended three-room loan April 23, the Chinese bank announced the strict implementation of dynamic, differentiated personal housing loan policy.  According to the contract with the customer, when the interest rate adjustment method expires, the first set of stock, two sets, three sets and above the floating rate of mortgage interest rates adjusted to the benchmark rate of 0.85 times times, 1.1 times times and 1.2 times times respectively. The recovery of 85 percent Bank of housing loans, said, will actively support residents to buy the building area of 90 square meters under the first set of their own live ...

Bank of China to raise interest rate on stock house loan

In principle, suspend the issuance of the third and above housing loan industry insiders believe that may trigger the speculators to sell the property Bank of China 23rd announced the real estate credit management measures, BOC will be in accordance with the contract agreement, in the interest rate adjustment method expires, will stock the first set, two sets, The floating rate of three sets and above is adjusted to 0.85 times times, 1.1 times times and 1.2 times times of the benchmark rate respectively.  In this respect, the industry said, the bank's first increase in mortgage interest rates, mortgage buyers will increase interest payments, it is likely to trigger speculative and investment property buyers sell their hands. ...

Some banks have been approved to set up electronic bank personal settlement business

Xinhua Beijing, April 23, according to the State administration of foreign exchange website news, in order to better support the banking business innovation, convenient for personal transaction business, recently, the State administration of foreign exchange has approved the Chinese bank, China Merchants Bank and ICBC pilot Electronic bank personal settlement business. February 2007 "Personal Foreign exchange Management measures" and its rules have been formally implemented, individuals with valid identity documents to the bank counters can handle my annual total purchase and settlement business. The pilot set up electronic bank personal business transactions, to provide individuals with more efficient and convenient business management channels ...

Hangzhou second-hand housing deal fell to the highest decline of more than 38%

April 23 News This week is this year's Hangzhou property market, another turning point, since the "new country Four" and "new country 10" after the introduction of the Hangzhou property market in this double boxing attack under the cold.  In recent days, the book volume and turnover both fell, and Hangzhou second-hand housing market also plunged into a slump, has been three consecutive days daily turnover below 100 sets, the number of listed daily is over 300 sets. At the same time, according to the transparent sale of the house price changes in the public data show that the recent Hangzhou a large number of second-hand housing has been active price reduction, ranging. Among them, the total price of the highest prices reached 500,000, the highest price range of more than 38%. ...

German railroad buys British Arriva transportation Company

European transport market began to integrate international online: According to the German World News 22nd reported that the German railway (Deutsche Bahn) has announced a 1.8 billion euros in the price of the acquisition of British transport company Arriva.  Gruber Rüdiger Grube, the chief executive of the German Railways, predicts that an increasingly liberalized European transport market will face a wave of consolidation that is not only the beginning of this wave, but will also accelerate the process. It is reported that Arriva is the third largest bus company in the United Kingdom, in Europe 12 other countries have special ...

Experts comment on the economic situation: it is difficult to reach the same rate this year

Xinhua Beijing, January 22 (Yang) China National Bureau of Statistics 21st held the first New Year's news conference, to all concerned about the Chinese economy, handed over a transcript. Initial accounting, gross domestic product was 33.5353 trillion in 2009, up 8.7% per cent from the previous year.  In the eyes of experts, this growth means the successful use of the package, while looking ahead to the 2010 Chinese economy, experts are more consistent focus on inflation trends. Looking back last year: The overall task of economic development has been completed the director of China and the World Economic Research Center, Tsinghua University, said, according to the real time exchange rate of 6 ....

Warburg Pincus shares proposed 10 to 15 faction 10 Yuan today rose nearly 5%

NetEase Finance January 31-Ping ' an shares recently disclosed 2010 Annual report, the company to achieve business income of 103 million yuan, an increase of 1.71%, net profit of 48.41 million yuan, the growth of 10.29%, the basic earnings per share 1.32 yuan, a year-on-year decline of 9.77%.  Several institutions are now the top ten circulating shareholders list. According to the disclosure, the reporting period of the company's total research and development expenditure reached 12.2836 million yuan, accounting for 11.88% of sales revenue, compared with a year earlier growth of 5.81%. As at the end of the reporting period, the company applied for 95 patents, a total of 70 authorized patents, a total of ...

Conflicting data, experts say Yangzonghai arsenic pollution still needs to be investigated

Reporter: Lin Yu intern: Chi Jie mei "Yunnan Yangzonghai Arsenic pollution degree is so high, and is a sudden uniformity of pollution, if there is no major accident in the vicinity of enterprises, it is not possible to be caused by man-made causes." Because of the unique yangzonghai and arsenic-rich geological environment, arsenic pollution is more likely to be caused by the change of geological environment.  "In view of the current social concern in Yunnan Yangzonghai arsenic pollution Incident, China Geological Environment Monitoring Institute, a senior expert in an interview with reporters said. It is understood that China's Geological Environment Monitoring Institute is the Ministry of Land and Resources directly under the unit to undertake the national geological disaster monitoring, early warning and phase ...

Non-resident electricity prices rose 2.8 points per degree today

Residents ' electricity prices have not been raised for the time being. The National Development and Reform Commission announced that since today, the national electricity price per degree average increase of 2.8 points, temporarily do not adjust residential electricity prices.  All over the internet price has a rise and fall, Shaanxi and other 10 provinces (district, city) of the benchmark network of coal-fired units to increase the price of electricity properly, Zhejiang and other 7 provinces (districts, municipalities) appropriate downward adjustment.  Half a month in advance of "hair" sales price was finally raised yesterday, more than originally expected, on average up to 2.8 points per degree of electricity, which also makes yesterday a a-share power plate almost all over the red. Analysts say the biggest beneficiary of the electricity price hike is the country's two big grid companies. ...

Shenzhen Sea Palace has entered the enforcement procedure

Tracking Feedback Legal Daily News Shenzhen January 21 Xinhua reporter Nao Chunliang The social concern of Shenzhen "Sea Palace" (see this newspaper January 20 View edition report) has been identified as "illegal occupation of sea area" by Guangdong Bureau of Ocean and Fishery.  Today, the reporter from the Shenzhen Marine Bureau confirmed that the Longgang District Ocean Bureau has been legally to the Longgang District People's court to apply for enforcement, the court has entered the enforcement procedure. Guangdong Province Marine and Fishery Bureau said, will "sea Palace" illegal cases listed as Provincial Bureau supervision case. If the detection of maritime supervision of law enforcement personnel suspected violations of the act, once verified will be seriously investigated.

University of Hong Kong: Two worries threaten Hong Kong economy growth in the first half of next year

--first half of next year, the second wave of the growth of the tsunami or raid our correspondent Jensi. The Asia-Pacific Economic Cooperation Research Centre of the University of Hong Kong yesterday raised our forecast for economic growth this year from a contraction of 5-6% to a contraction of 5% per cent, mainly because the global government print the financial system to help The crisis of endless global economic decline has been averted and Hong Kong's economy has gradually stabilized. Greed Mei yesterday also pointed out that loose monetary policy is the key to Asian economic rebound, the regional economy to reproduce vitality, outside Japan, Asia this year and next year's economic growth rate will exceed the expected 3.8% ...

First-level land transfer project in China

Xinhua Beijing, November 19 (reporter Yua Ruifang) Beijing Property Exchange 19th and the Manzhouli People's government, the Inner Mongolia Autonomous Region Land Reserve Registration Center (Inner Mongolia Mining Rights Trading Service center) signed the Project cooperation Agreement, the three parties will be Manzhouli reserve land Transaction Transfer project as the core,  The implementation of strong cooperation, and jointly promote the development of land projects in Manchuria process.  It is reported that this is the first land transfer project to enter the property rights trading market, in the national scope of public transfer. According to the reporter understand, the land in the North trading is located in the city ...

Cross-Strait research unit thinks business signing ECFA is beneficial to cross-strait economy

This newspaper (reporter Nie, Wuyaming, Zhang Yixuan) for the comprehensive system assessment of CROSS-STRAIT Economic Cooperation Framework Agreement (ECFA) feasibility, the cross-Strait research unit conducted a joint study, and on January 20 on their respective websites published on the ECFA Research common conclusions and recommendations. The mainland research institutes are the Institute of International Trade and Economic Cooperation, the University of Foreign business and economics, and the Taiwan Research Unit.  After many discussions, the two sides of the research unit have fully exchanged views and conducted joint research in November 2009. The mainland side assesses ...

Residential electricity will be divided into three stalls to implement step electricity price

The life of the residents can not be separated from the electric Xinhua News agency guaranteed basic living needs to be planned 87 degrees, as soon as the first quarter of next year adjustment yesterday, the National Development and Reform Commission drafted a "on speeding up the reform of electricity prices of several views (draft)", the request since today, the national sales price increase of 2.8 cents per degree, temporarily do not adjust residential electricity prices.  The price bureau of the city yesterday also introduced a specific pricing scheme: Non-residents of electricity per increase of 3.2 cents. According to the National Development and Reform Commission's "opinion", the future residents will gradually promote the use of ladder-type incremental electricity prices, the more electricity, the higher the price. Its spokesman also said: Order ...

Price of a day rising Hainan property market fever

In the past half month, the Hainan international tourism Island construction rose for the national strategy of "good news" stimulation, Hainan real estate market rapid warming.  Haikou, Sanya and other first-line city housing prices one day, attracting domestic and foreign buyers flocked to the island, the temporary purchase of commercial housing "craze" situation. Reporter recently in-depth survey around Hainan found that too fast rising house prices have latent worries, to help push some places in Hainan's real estate "irrational" development. Because of speculative and investment demand "squeeze" the housing demand, also aroused the dissatisfaction of some people. Experts called on the government departments should increase regulation, as soon as possible ...

The national electricity price rises 2.8 per cent average resident electricity price temporarily does not adjust

Residential electricity price The national Development and Reform Commission calls for research on residential electricity-step pricing reform.  The "One Household one table" user power consumption is divided into several grades, the basic electricity demand part of the implementation of low electricity prices, more than part of the implementation of high electricity prices.  Guangdong Electric Power Sector Guangdong has previously conducted research on the price of stepped electricity, but now the program has been put on hold.  The plan also needs to be perfected, even if the plan matures, also need to go through hearing hearing. BEIJING, China's national Development and Reform Commission announced yesterday that from today will be the national sales price per kilowatt hour to raise the average 2.8 cents. But the regions, the ...

Ministry of PICC: nearly 1 million old workers injured in industrial injury insurance

The Ministry of Human Resources Social Security held its 2009 four quarterly press conference on the morning of January 22 to introduce the progress of human resources and social security work in 2009 and the working arrangements for 2010.  The Chinese network was broadcast live. The Ministry of Human Resources Social Security introduced 2009 years of Social Security work progress: Work injury insurance has made positive progress. The implementation of the "Ping An Plan" two, actively promote migrant workers to participate in industrial injury insurance. To solve the problem of "old industrial injury", nearly 1 million "old industrial injury" workers have been included in industrial injury insurance. At the end of 2009, industrial injury Insurance insured ...

30 billion-dollar e-bonds to be on sale today

Reporter yesterday from the Ministry of Finance website learned that from today until December 6, there are two issue of national debt for individual investors to issue. The 1-year par annual interest rate is 2.6%, the issuance amount is 15 billion yuan, the 3-year par annual interest rate is 3.73%, the issue amount is 15 billion yuan.  The establishment of diplomatic relations between workers and peasants, as well as joint-stock banks. Reporters from the Ministry of Finance notice that the two issue of national debt from November 20 onwards, according to simple interest payments. In terms of nominal interest rates, the 3-year bond is 0.4% higher than the same period, while the 1-year bond rate is only higher than the same time period ...

Ma Ying-jeou: Signing Economic Cooperation Framework Agreement will help cross-strait peace development

Xinhua Taipei, November 19 (reporter Chen Hua) Taiwan authorities leader Ma Ying-jeou said 19th, the cross-strait signed Economic Cooperation Framework Agreement (ECFA) to ensure that Taiwan's products in the mainland market share, significantly reduce import and export costs of Taiwanese enterprises, enhance product competitiveness, Taiwan's economic growth rate is estimated to increase by 1.65% to 1.72%, creating jobs for 260,000 to 270,000 people.  At the same time, the establishment of cross-strait economic and trade normalization relationship will create greater space and opportunity for Taiwanese enterprises to develop peacefully. He said, as for the possible impact of the ECFA ...

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