US fiscal deficit breaks 1 trillion dollars for the first time

Economic recession taxes fall Iraq's war spending was huge. Xinhua news agency said this morning that the U.S. federal budget deficit was first more than $1 trillion trillion in the top 9 months of the 2008~2009 fiscal year ending June 30, according to data released by the U.S. Treasury Department on 13th.  The Treasury said the federal government spent more than 94.3 billion dollars in June, bringing the current deficit to $1.086 trillion trillion, more than 3 times times the same period in the previous fiscal year. The reason for the increase in the fiscal deficit is that the US government has launched a massive stimulus package to deal with the financial crisis and the economic downturn ...

Housing Enterprise Management Survey: Contract shrinkage is the biggest risk of the property market

Yesterday, the reporter learned that grams and Rui (China) research Center on the country's 10 typical cities-Beijing, in Tianjin, Shanghai, Nanjing, Hangzhou, Guangzhou, Shenzhen, Wuhan, Chengdu, Chongqing, the management of 200 real estate companies conducted a questionnaire survey, of which 70% of the respondents think the next stage of the market risk is a contract contraction. "More than 70% of respondents believe that as investment demand continues to increase, real estate prices will rise in the three quarter, but will lead to shrinking volumes." Chen Yitian, general manager of the Research center of Gram and Rui (China). At the same time, nearly 13% of respondents think the market has been ...

Real estate developers start collective revelry experts suggest appropriate adjustments to policies

Bonus theory Bag star shines the most red please accompany with the first half of the housing market, developers began their collective carnival, but this is based on high prices on the basis of the carnival but the buyers are very disgusted. Hold up a year of developers finally elated this year, in order to celebrate the first half of this year's impressive performance, many developers recently big celebration feast, Bonus theory bag, Ming the most red please.  However, this is based on high prices on the basis of the carnival, so many buyers feel uncomfortable. Luxury "Celebration banquet" national flowering statistics show that the first half of this year, the National commercial housing sales area ...

Ministry of Health: The proportion of farmers ' hospitalization reimbursement is up to 50% next year

The deputy Director of the Ministry of Health's Rural Health Administration received an interview with an Zhou Fuliang elderly man with a large artery blockage, who had to amputate his right foot because of illness. He and his wife have been hospitalized for nearly one months, even though he has paid a deposit of only 3000 yuan in the hospital.  Now that the proportion of new farmers ' reimbursement has increased, he has spent at least three thousand or four thousand dollars less. The maximum amount of reimbursement per household shall not exceed 50,000 yuan each year.   And with uremia flying every day to eat more than 10 kinds of anti-rejection, antiviral, liver, stomach drugs, the average down one months to spend at 8,000 or 9,000 yuan. Lord ...

Guangzhou electric power within one months of three broken record first Super Chivan Chiva

China News Agency, Guangzhou, July 14 (Wang Hua 覃羡) this morning, Guangzhou power grid to break through the peak load Chivan Chiva.  This is one months in Guangzhou electric load three times refresh record.  14th 11:16 A.M., Guangzhou electric load reached 10.05 Million-kilowatt, Guangzhou became the first national power grid load more than Chivan Chiva capital city, but also in Beijing, Shanghai, Suzhou, Shenzhen, after the fifth Chivan Chiva mark of the regional grid. Since late June, Guangzhou continued to high temperatures, the highest power load in one months three times to refresh history: June 22, the highest load of the first sudden ...

Zhengzhou affordable the first ticket for building a villa

Xinhua Zhengzhou, July 14, Xinhua News reporter recently learned that in the "housing use to build villas" survey results announced soon, Zhengzhou City Construction Committee to the developers a 770,000-yuan administrative penalty notice.  This is Zhengzhou's first ticket for the incident. The "Notice of Administrative Punishment", issued on 13th, shows because of the "West Lake Autumn Rhyme" (6-19# Building) project built by Henan Tian Rong Real Estate Co., Ltd., the project construction did not handle the project quality supervision formalities according to the state regulations, the construction unit did not obtain the construction permit without permission, violated the "Construction engineering quality Management regulation" ...

Shenzhen Financial Office "a letter": Pilot Shenzhen-Hong Kong stock market mutual speculation

Days ago, the Shenzhen Financial Office has formally formulated a package of breakthrough cooperation in the Shenzhen-Hong Kong capital market, including Shenzhen with the HKEx, Shenzhen B and HKEx share trading, as well as Shenzhen as a pilot for red-chip companies to issue a A-shares, and write the "Shenzhen financial reform comprehensive Pilot Zone program",  Will report to the Shenzhen Municipal committee and even central approval. HKEx responded by saying that there must be two prerequisites for the implementation of the programme, one for central approval and the other for special arrangements for RMB convertibility. Before that, the Hong Kong HKMA chief executive, Mr Joseph Yam, was creative ...

Foreign Ministry: Rio Tinto case does not affect cooperation between Chinese and foreign enterprises

Xinhua Beijing, July 14 (Celestino, Qintie) Chinese Foreign Ministry spokesman Qin Gang 14th, said the Australian Rio Tinto Group employees suspected of stealing China's state secrets will not affect China's cooperation with foreign companies. At a regular press conference, Qin said the case was a judicial case.  Rio Tinto officials have taken action against them according to law by illegally stealing China's state secrets and seriously endangering China's economic security and economic interests. "But this is not to say that we now want to restrict the cooperation of foreign enterprises in China, nor to restrict cooperation between Chinese and foreign enterprises ...

Lin: China's economy continues to grow at a high rate over the next 20 years

The Chinese government's efficient investment in infrastructure and the urbanisation of China will ensure that China's economy continues to grow at a high rate for the next 20 years, according to Lin Yifu, vice president and chief economist of the World Bank Xinhua News agency. When it comes to the negative impact of higher property prices on China's economy, Lin said the regulatory measures that the Chinese government has taken over the past few weeks will ensure a smooth economic run for China.  Speaking of the renminbi exchange rate, Lin said that a revaluation of the renminbi does not solve America's employment problems, but will only increase the cost of living for American residents. The Secretary of BOAO Forum for Asia ...

China's foreign trade encounters unprecedented trade friction impact

Xinhua Guangzhou, July 14 (Xinhua News agency reporter Wang Yu) The spread and deepening of the global financial crisis, China's foreign trade industry has already been very serious trade friction to deal with the situation further deterioration.  According to the latest statistics from the Ministry of Commerce, China's foreign trade industry and enterprises in the first half of this year have encountered 60 various "trade relief survey" initiatives from 15 countries and regions, involving an amount amounting to $8.267 billion. 14th in Guangzhou, "Guangdong Response to International Trade risk Seminar", China's Ministry of Commerce, deputy director of the Fair Trade Bureau Liu Danyang said last year, the Chinese enterprises encountered ...

Yao Jian: China's use of foreign investment environment in general to further improve

Xinhua Beijing, May 17, the Ministry of Commerce today held a routine press conference, Ministry of Commerce spokesman Yao Jian said at the meeting, China's use of foreign investment environment in general further improve, and the reason why the continued adherence to the use of foreign capital open market policy, mainly based on two aspects of consideration. In response to a reporter's question, Yao said that the recently promulgated policy on the use of foreign capital has two implications: first, China's economic development, economic restructuring to this stage needs to be improved foreign policy. Second, it is also a continuation of last year's policy of promoting economic development and overcoming the financial crisis. From a global perspective, outside last year ...

The second half of real estate trend Forecast report: House prices will continue to rise steadily

Xinhua Beijing, July 14, according to the Ministry of Land and Resources website news, China Real Estate Index system, China Index Institute 9th released on the second half of the real estate market Trend report, the second half of the volume may be in small oscillation gradually rise, house prices will continue to rise steadily, individual cities may appear faster growth. The report predicted in the second half of the real estate market trend, real estate development investment growth, but will be lower than the year 20.9% growth. With the gradual recovery of enterprise investment confidence and the reduction of the main city's sales volume, it is expected that the enterprises will increase investment in the second half of the year and develop ...

Property Survey: Sales growth in the first half of the land premium level is high

Xinhua Beijing, July 14, according to the website of the Ministry of Land and Resources, China Real Estate Index system, China Index Institute 9th released on the second half of the real estate market Trend report showed that the first half of this year's market sales growth is obvious, the development of enterprise investment confidence has been restored, June more rapid growth of land The report in the first half of the real estate market situation analysis pointed out that the market sales growth is significant, but regional differences are obvious. In the first half of this year, the property market in Hangzhou, Shenzhen and Tianjin increased by 180.4%, 148.9% and 115.5 respectively in the same period last year.

International capital bullish on China's net inflow pressure

Tao Tao 15th, the director of the International Revenue and expenditure Department of the State Administration of foreign exchange, warned that the current China's capital inflow pressure to increase, should focus on.  According to the data released by the Bureau, the first quarter of China's regular projects, capital and financial projects presented a "double surplus" trend. According to Tao Tao's explanation, the main factors that lead to net capital inflow include four aspects.  The first is a sharp increase in the direct investment surplus, which reached $17.5 billion this quarter, due to a sharp rise in foreign direct investment and a decrease in foreign direct investment. Secondly, the domestic and foreign exchange assets at the mercy of the change also ...

Bank pushes syndicated loan against loan risk in Shanghai

In the process of rapid credit expansion, the concentration risk of credit assets is becoming more and more prominent, the bank's new loans may appear industry concentration, customer concentration and the trend of medium and long term, syndicated loan has become an effective way to prevent the risk of concentration of loans. Since this year, the Shanghai syndicated loan figure frequently flashes in the public view.  Data from the Shanghai Banking Regulatory Bureau showed that, as at the end of June, the bank syndicated loan balance in Shanghai was 155 billion yuan, an increase of 15 billion yuan from the beginning of the year, up nearly 25% per cent. The first half of the syndicated loan project in Shanghai includes: Huangpu River crossing Facilities construction project, Shanghai ...

Protection of housing capital opportunities: Who should be the construction of urgent solutions

More and more enterprises want to enter the housing market, but the interest incentive and risk mechanism need to straighten out the time of multiple capital participation according to the plan of the Ministry of Land and Resources, in 2010, about 30 provinces and municipalities (excluding Tibet) planned to supply about 180,000 hectares of land, of which the affordable housing,  Shanty towns and small and medium-sized commercial housing land planning supply accounted for 77% of the total supply.  2010, the central government will be issued 3 million sets of affordable housing construction planning, many places have been clear, "this year, the protection of housing (supporting housing) started not less than the total amount of 60%" target. Industry ...

Tianjin most banks stop three sets of housing loans to speculative buying attitude big turn

In this round of property market regulation policy, the State Council has made it clear that in areas where commodity housing prices are too high, too fast, and supply is tight, a moratorium on the purchase of third and above housing loans is issued.  The reporter learned from the interview that most of the city's banks have suspended the third set of housing loans. At present, the city, in addition to ICBC, Bank of China, Construction Bank, Agricultural Bank and the Bank of communications have stopped the third set of mortgage business, ICBC requires a third set of home loans to 5.5, the loan interest rate in accordance with the benchmark rate of 15% to 20%. However, the bank staff said that the policy changes at any time ...

Period of 17862 liters 586 points

China Asset Management Co., Ltd. the first part of the afternoon to increase the sharp to 18075 after the trial to undertake, respectively, see Low to 17683/17686, Shou 17650 and then Rose 17895, closing 17862, + 586 points, than the spot low water 24 points, sold 71075.

The internationalization of the renminbi Hu Yi will be reassigned

The change of the central bank's personnel changes in Rmb Hu Yi will shift journalist Tri Ye intern Zhe, deputy governor of the central bank, Yi Gang will serve as the director of the National Foreign Administration, the current Director of Foreign affairs, Hu Xiaolian, will step down as director of the Central bank, and will be in charge of the central bank's monetary policy division and the proposed monetary policy division. According to the report, the Central bank this year May this intention, and the personnel appointment plan to the State Council.  The appointment has been approved and is expected to be announced in the near future. With the advance of RMB settlement of cross-border trade, RMB internationalization process has accelerated ...

The index was pumped up to 17885 in the afternoon and 631 to 51 billion.

The Hang Seng index opened this morning, falling from 17,632 to 17,581 and repeated upwards, and in the afternoon, he opened 17,896 times to 17,734 liters, closing the day to 17,885, 631 or 3.66%, and the state-owned enterprise index rose 372 or 3.62%, at 10,  651, turnover of 51 billion yuan. Blue-chip, control (00005-HK) rose 4.4%, Mobile (00941-HK) rose 2.78%, the new Ground (00016-HK) rose 4.48%, Long Real (00001-HK) + 3.48% ...

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