US newspaper says Chinese economy can't win in 20 years

US media commented on August 17 that Japan's second-quarter GDP was overtaken by China, saying the US need not worry about the economy being overtaken by China because it "won't happen for 20 years". In a commentary published on August 17, The Christian Science Monitor, a prominent American internet newspaper, said that perhaps one day China's economy would overtake that of the US, but the current growth rate of the Chinese economy would not come in 20 years. According to the International Monetary Fund, China's GDP this year can reach 5.4 trillion U.S. dollars, while the United States can reach 14.8 trillion U.S. dollars ...

Dong Wenpei: Prices are rising too fast, no need to conspicuous

Newspaper reporter Wangxiaoxia "in the current control of the rapid rise in prices, the important period, prices do not ' conspicuous '."  "November 25," China Minsheng Bank chairman Dong Wenpei in "The Second China Real estate finance annual Meeting" said, in the government repeatedly to the real estate market cooling and monetary policy tightening, the future of the real estate market ideal situation should be a "soft landing." Dong Wenpei said that the current real estate market is facing two major changes: the first is the central government to resolutely curb the rise in prices in some cities, strict restrictions on a variety of nominal speculation and speculative housing. This year, the government has more ...

The broadcasting information reorganization plan will be released on January 11

NetEase Financial January 10 St Yin into the evening issued a notice that the company intends to implement major asset restructuring, the transaction is mainly by shares transfer, asset sales, cash and issued shares purchase assets of three transactions. As of September 1, the closing date of the suspension, radio and television information reported 8.38 Yuan, Rose 3.33%.

Targeted to raise 1.7 billion yuan, Kowloon Electric Group Environmental Protection industry Platform

The two-month period, the Kowloon Electric Power (600292, the former closing price of 9.46 Yuan) planned a major asset reorganization finally announced. Following the 9 consecutive announcements, the Kowloon Electric Power announced its non-public offering plans late yesterday (September 19).  After the release, the company's environmental business revenue accounted for a significant increase in the company will be gradually transformed into a science and technology environmental protection listed companies, and become China's electric Power Investment Group environmental protection industry platform. Plans show that the Kowloon Electric Power to its controlling shareholder of China Electric Power Investment Group (hereinafter referred to as CLP) Non-public issue of common shares of about 185 million shares, fund-raising will be used to collect ...

Second generation relay: The second generation of Zhejiang merchants

If not only focus on the inheritance of wealth in the family business, and pay attention to the spirit of entrepreneurial innovation, a lot of entanglements whether this open? What will the old generation of entrepreneurs do in the future? has become the focus of attention of the whole society. In order to protect their own children (second generation) to help the horse back, or let them free development, fight their own world.  Generation of entanglements, second generation and also did not-go their own way, or obey the wishes of parents? Zhejiang merchants, there have been some outstanding handover father and son. Universal Guanqiu Ru Weiding father and son, Fotile Maorixiang Maozhong father and son, Supor Suzan ...

Mr Donald Tsang: Hong Kong will launch further property control measures in due course

Speaking at the 2010 Boao Youth Forum (Hong Kong) held today, the chief executive of the HKSAR, Mr Donald Tsang, said in his speech that the current Hong Kong SAR Government's measures to speculate on the property market had achieved some effect and that further measures would be introduced in due course. Mr Tsang pointed out that the Hong Kong Special Administrative Region government last week announced a series of measures aimed at curbing speculation in the property market in order to curb the vicious and excessive speculation and to avoid the need of people and long-term investors who are genuinely home buyers and to reduce the crisis of asset bubbles. And from the initial reaction of the market, the measures have achieved a certain effect, ...

Best-performing fund to raise brand friendship B

Friendship B (900923) January 10 night announced that best-performing fund management company holding company B shares of the company's total share capital of 5%.

Nanjing 20 billion floor of the king to sell or borrow a vest a show handwriting

Every reporter Zhang Ye light from Shanghai yesterday (September 19) afternoon, Nanjing Two pieces located in Shimonoseki Riverside "big no PA" land transfer, the sale price as high as 20 billion yuan. This national concern of land transfer, attracted nearly hundreds of reporters to the scene.  From the auction business representative seat, to the plot of the written quotation end, only spend about 10 minutes. The final two blocks respectively to the price of 12.1471 billion yuan and 7.893 billion yuan transfer, bidders for the Nanjing Linjiang Old Town Reconstruction Investment Co. The company's three auction representatives at the end of the auction, from the site of the front door hurriedly left, not ...

China's super Japan becomes the world's second largest economy

Japan's Cabinet Office 16th released data show that the two quarter of Japan's real gross domestic product in the U.S. dollar as 1.288 trillion, the chain growth of 0.1%, at an annualised rate of growth of 0.4%, weaker than expected. China has previously released economic data for the first half of this year, with two quarters of gross domestic product 1.339 trillion in dollar terms and Japan's economy falling behind China's. (According to the "Evening News")

One with a group: those who grew up in the creation of the second generation

Fang Tai Group in addition to kitchenware, but also one thing is also famous, is the chairman of Maorixiang founder of the family business Evergreen Successor College.  Come here to class, are the second generation of tens of millions of enterprises, and here the tuition is also very expensive, each period of the course is 8 days, training costs up to 18,000 yuan. Family business covers almost all economic areas, and each family has its own characteristics and problems.  How can the second generation learn how to take over in 8 days? Chengliang, executive vice president of the School of Succession, told reporters that although each enterprise succession issues are different, but more contact will find that they exist between ...

Taishan Oil related transaction bill is again

Taishan Oil (000554) at the provisional Shareholders ' meeting held September 17, the "proposal on daily related transactions for the 2010" was vetoed by 94.8883% against the bill, which was rejected again after the company's 2009 annual shareholder meeting held this May 12.  This means that the company will not be able to the major shareholders of Sinopec to carry out oil procurement, facing the risk of oil-free to sell, sustainable management is facing challenges. As a listed company with the main business of oil product sales, Taishan oil has accounted for more than 80% of the related purchase proportion of Sinopec in previous years. In this ...

China Cyts: Travel agency revenue continues to grow

Events: In the first half of 2010, the company realized operating income of 2.435 billion yuan, an increase of 0.54%, operating profit of 246.25 million yuan, fell 4.96%, attributable to the parent company net profit of 117.19 million yuan, the year-on-year increase of 10.24% yuan, earnings per share 0.28. Comments: The company's main business travel agency income continues to grow, outbound travel and free line leader. The first half of the year, the company's travel agency business income increased 29.45%. The domestic economic situation continues to good, the renminbi relative appreciation and other factors are conducive to the further release of outbound tourism demand, the company outbound tourism revenue with ...

Wang Valley chairman of the package is not a hindrance to the industry optimistic about RFID

Recently, Wang Gu (002161, before the closing price of 22.02 Yuan) announced that the company's holding shareholders, chairman Xu Yuxi through the bulk trading system to reduce the yuan-yuan shares of 4.89 million shares, accounting for the company's total share of 1.9%, reduce prices 23.02 yuan/unit, a total set of 113 million yuan. The move was questioned by investors.  But the industry is not affected by this reduction, the whole industry is still bullish. High valuation under the large shareholder reduction Yuan Yuan is the domestic RFID (radio frequency identification technology) products and solutions suppliers, since 1993 the company is committed to RFID technology and ...

More than 1 credit cards per capita in Beijing are much higher than the national average

BCC Beijing August 17 The central bank yesterday released the second quarter of 2010 statistics on the payment business, the bank card issuance volume continued to grow steadily, as of the end of the second quarter, the National credit card issuance volume of 207 million, an increase of 27.4%.  Among them, the total number of credit cards per capita in Beijing exceeded 1, much higher than the national average. Data show that at the end of the second quarter, the National credit card per capita capacity of 0.16. The number of credit cards per capita in Beijing and Shanghai is 1.06 and 1.01 respectively, much higher than the national average. Report ...

Seven industries to complete the elimination of backward tasks

Hebei Province Industry and Information Technology department 16th revealed that before the end of September to complete the elimination of backward capacity tasks of the 10 industries, has been cement, paper and other seven industries ahead of the task, iron, steel, coking and other three industries will focus on the final fortification in September. In Hebei Province to eliminate the list of backward production capacity, involving cement, iron, paper and other 10 industries 165 companies. From the beginning of June the elimination plan to the present, has eliminated the cement production capacity 10.868 million tons, occupies the task 125%, the elimination flat glass backward production capacity 2.64 million weight box, occupies the task 176%, eliminates ...

East Soft group to buy 110 million Wang Hong Xin 73% stake

Neusoft Group (600718) January 10 Evening Notice that the company and Guo Xuewen, Wang Hai Technology Co., Ltd., Intel (China) Co., Ltd., Keng Chenghui, Zhang Wei and Beijing Tai-Ding Prudential Investment Consulting Co., Ltd. signed the "Trading Framework Memo",  The company will take no more than 114 million yuan for the purchase of the Wang Hai Kang Xin 73.14% equity. Neusoft Group and Keng Chenghui, Zhang Wei and Beijing, Thailand signed the agreement, in the Wang Hai kangxin 2011 and 2012 effective net profits to reach the agreed amount, will be the kangxin of Wang Hai's stake on the Wang Kang Letter management total implementation of not more than 380.

Beijing Commercial Housing inventory close to 100,000 sets

Beijing property market after 4 months of regulation, there are signs of a slight rebound in data. August the last half of the Beijing commercial housing market housing, in addition to the limited turnover of 2339 sets, the chain of July 2133 sets Rose 9.7%. And the average price continues to keep downward trend, the average price of 21580 yuan/square meters, the chain down 2.5%.  and the inventory of commercial housing year-on-year large increase of 7%, close to 100,000 sets, the developer sales pressure further increase. Beijing Zhongyuan Market monitoring shows that the 4 months since the regulation can be divided into two stages, April-June data plunged, to July-August the amount of consolidation. ...

British media: Europe's debt crisis threatens to spread to us Japan

China Economic Network Beijing January 10 (trainee reporter Huang) according to The Daily Telegraph of January 8, William Bitt Willem Buiter, chief economic analyst at Citibank, said the European debt crisis would spread to the US and Japan. Greece and Ireland are in a serious debt crisis, and eurozone governments have reached record highs on debt.  Citigroup's economic forecasters believe the crisis sweeping Europe is far from over and will spread to the United States and Japan, the world's two major economies. The public finances of the United States and Japan are precarious. If it continues to be in debt ...

Acupuncture pain in China's economy

Recently, with the daily life of some people closely related to the price of necessities, some of the online folk words also came into being, such as "Beans You play", "garlic You ruthless", "Sugar Gao Zong" and so on. However, the appearance of these colloquial is mostly in the background of food price rise, and like "Coal Super Crazy" and eating unrelated to the colloquial is not very rare.  A few days ago, saw a number of reports on cotton price increase, some regrets, feel that the word "cotton needle" to most reflect the fierce characteristics of cotton price inflation. As the name suggests, "Mian Li Needle" refers to the cotton wool inside hidden needle, careful to prick people ...

Diesel stock falling May petrochemical Double-male production response

Sinopec also will organize imports of 200,000 tons of diesel "Caixin net" (Comprehensive media report) October 26, the price of refined oil, failed to suppress the spread of diesel tension. At the beginning of November, the diesel market appeared zero upside down phenomenon.  China's oil production measures in November, Sinopec in the implementation of five measures to increase production, but also will arrange the import of 200,000 tons of diesel oil. As of November 4, the national diesel wholesale average price reached 7573 yuan per ton, higher than the national retail average price of 93 yuan. This is the new refined oil pricing mechanism since the implementation of wholesale prices for the first time exceeded the highest retail price. At present, the department ...

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