Ministry of Commerce will continue to decentralize foreign investment approval right

Promotin, director of the Department of Foreign Investment Management of the Ministry of Commerce, said 13th that China is revising the catalogue of foreign investment industry, will expand the category of encouraging and permitting industries, reduce the restricted industries, and encourage foreign investment to enter the western part of China, and will continue to decentralize the approval of foreign investments.  After the Ministry of Commerce approved only 300 million dollars of investment projects, before the standard is 100 million U.S. dollars. Promotin at the Shanghai World Expo to attend the European Union Chamber of Commerce Forum to make the above remarks. Promotin pointed out that the future absorption of foreign investment in China will be in line with China's macro-economic development direction, will vigorously encourage foreign investment in energy conservation and environmental protection ...

The dream of Zi Mo Chinese goes to the world is more and more beautiful

Recently, Shanghai Zi Mo Group Chairman Hong Jun personally presented the "New Mermaid Story" in the English costume book to the Prince of Denmark. This is undoubtedly the best gift to Denmark for the Danish pavilion, not only to promote the cultural exchange between China and Dan, but also to carry forward the Chinese language learning. Hong Jun said: "It is the ' language Highway ' on the starting point, soon, in this highway will be born more and more beautiful stories ... This is for the Chinese nation, and even the world's best gift.  Hong Jun, chairman of the sub-Mexican group (right), met with the Danish prince and took a photograph. Zi mo can make learning Chinese change ...

Lamdon: Investment costs in emerging economies have plummeted since the crisis

Summary: September 13-15th, the World Economic Forum 2010 New Leaders Annual meeting (summer Davos) held in Tianjin. On the afternoon of 14th, at a meeting in which emerging markets were in crisis in 2011, Lin Tang, chief executive of Vietnam's VinaCapital group, said that after the financial crisis, many companies had difficulties and their competitiveness diminished, So if you go to the countries of the emerging economies now, you can enjoy more business opportunities, which is a good opportunity for the developed countries, because ...

Deep South Electric A will receive power generation subsidy over billion

Shennan Electric A (000037) announcement, the company has received Shenzhen government subsidies fuel (gas) generating units and other related documents.  According to regulations, the company under the Nanshan Thermal Power Plant 2010 1-June is expected to receive government subsidy funds of about 143 million yuan; July 2010-December will continue to use the relevant methods to subsidize. Shenzhen government recently issued the "on the temporary charging of gas fuel processing costs to subsidize the peak of local gas turbine power Generation Program" provisions, in the period from September 1, 2010 to August 31, 2011, Shenzhen In addition to residents of all users other than the collection of gas fuel oil ...

June power consumption growth sharply down experts say the economic downturn is clearly

BCC Beijing July 14 News (reporter Feng Ya) In spite of the early national high temperature, but this summer power demand is not so "hot", June, the social power consumption 352 Billion-kilowatt, the year-on-year growth of 14.14%, not only since the beginning of the year has not reached 20% months,  And growth is down 6.66% from May.  Yuan Gangming, a professor of China and the World Economic Research Center at Tsinghua University, argues that this is mainly the dual role of real estate regulation and slowing economic growth. Yuan Gangming: The decline in May, when the amplitude has been very large, real estate regulation, after ...

New rules for the world's most stringent banking capital

Some in the industry worry that if tighter capital rules are too soon to be imposed, the banks ' willingness to lend will be greatly curtailed, hurting the economic recovery.  In recent decades, the largest reform in the field of banking regulation has been formally stepped up. According to the PBoC's website yesterday, 27 member economies agreed on Basel III at the management meeting of the Basel Committee on Banking Supervision on September 12.  Under the agreement, commercial banks must raise their capital ratios to strengthen their ability to withstand financial risks. In fact, according to the people in the industry ...

Zhang Yi-ling: The biggest worry in the world economy is unbalanced growth

Brief content: For domestic export prospects, Zhang Yi-ling more optimistic. He thinks China's export processing products are mostly basic demand goods, the foreign economy recovers slightly, the demand for this kind of consumer goods will recover immediately. But he also reminded the companies concerned about the risk of overcapacity, "there is always a limit to the demand for basic consumer goods." If a little recovery as in the past can be further expanded, there will be many problems immediately. "The theme of this year's" Promoting sustainable Growth "was the 2010 Summer Davos, held in Tianjin on September 13-15th. Meeting Gap, conference speakers, International Academy of Social Sciences ...

Economic and social development to promote employment priority

Vehog: To promote employment in economic and social development priority, to implement a more active employment policy, vigorously develop labor-intensive industries ...  Explanation: According to the Ministry of Information, the data show that the first three quarters of this year, the country's urban new employment 9.31 million people.  Although it has exceeded the target of 9 million people in the whole year, the pressure of total employment and structural contradictions coexist, which is still a prominent point in the unbalanced, uncoordinated and unsustainable problems in China's development. "The proposal" clearly, adhere to the protection and improvement of the people's livelihood as a way to accelerate the transformation of economic development of the fundamental starting ...

China's pension empty account size is about 1.3 trillion

Government officials said: "If there is a pension deficit, it will be fallback by the state, the insured do not worry about the damage of rights and interests" Beijing News reported that China's pension "empty account" is estimated to be about 1.3 trillion; 2004 was 740 billion.  Zheng Bingwen, Director of the World Social Security Research Center at the Chinese Academy of Cass, revealed yesterday at an international symposium on pension Systems in China and Latin America. Experts say learning Latin America is not a success "compared to Latin American countries, China's system is not successful." "Zheng Bingwen said that 1.3 trillion of the" empty account "is China's study of the Latin American system is not successful table ...

BYD postpones one-year issue of shares

Compared with the highest share price of April this year, BYD has fallen more than 30% "Caixin Net" (reporter Bao 14th from Beijing) car and battery maker BYD shares (01211.HK, hereinafter called BYD) announced today (July 14) that the issuance of a-share plan will be extended for one year to September 7, 2011. In accordance with the resolution of September 8 last year, BYD intends to be listed in Shenzhen Stock Exchange, to raise 2.85 billion yuan, will invest in the following projects: Lithium-ion battery production projects;

August CPI Innovation High raise interest rate into focus

-Morning News reporter Liu Zhifei August CPI year-on-year Growth hit 3.5% of the 22-month high, and CPI two consecutive months higher than the beginning of the 3% target value set, triggered the market on whether the recent interest rate speculation.  Institutions are beginning to diverge on expectations of higher rates. Whether to raise interest rate difference big Central Bank Monetary Policy Committee member of the September 11 in the CCTV "economic Information broadcast" interview, said that China's current liquidity is more abundant, economic recovery is also very good, in this case, there is no need to adhere to excessively loose monetary policy, can test ...

Net profit rose 28% in the first three quarters

Fosun Pharmaceutical (600196) announced that the company's first three quarters to achieve business income of 3.329 billion yuan, an increase of 19% per cent, the realization of the net profit attributable to the parent company 738 million yuan, of which the operating net profit of 380 million yuan, excluding the dilution of the listed shares of the Chinese medicine, operating net profit growth of 28%  To achieve 0.39 yuan per share income. The company said that the growth of operating net profit was mainly due to the continuous improvement of core pharmaceutical manufacturing and pharmaceutical commercial enterprises. In the first three quarters of this year, the company's core pharmaceutical companies pharmaceutical drugs, IMC Medicine, Hubei new students sales revenue ...

Zongshen Power plans to invest 15 million euros with Italian companies to build plants

NetEase Finance July 14 News Zongshen Power Wednesday Evening issued a notice that the company and Italy Piaggio Co., Ltd. July 13 signed the meeting minutes, the two sides intend to establish a cooperative relationship in the field of diesel engine. The announcement shows that both sides are interested in investing in China to produce diesel engine products that have been developed by Piaggio Company, and the product models are mainly BTC 1.2 liters (European 5 standard) and BNA 1.0 liters (BS4 standard). The joint venture company was established in China with a total investment of € 15 million (including € 5 million start-up capital and € 10 million working capital), double ...

14th, the median price of RMB 6.7378 liters 131 points to record new highs

The Securities Times network learned from China's foreign exchange trading center that September 14, 2010, the renminbi against the U.S. dollar exchange rate of 6.7378, compared to 13th (6.7509) rose 131 basis points, and then the new record. In addition, 1 euros to RMB 8.6561, 100 yen to Rmb 8.0833 yuan, 1 Hong Kong dollar to Rmb 0.86735 yuan, 1 pounds to RMB 10.3634 yuan, RMB 1 yuan to 0.45998 ringgit. (Securities Times Network News Center)

The 5th time the verification of the integration of the flight into the fly and then rose nearly 9%

NetEase Financial September 14 in the Shenzhen Stock Exchange to curb the heavy pressure, the demon stocks into flight integration in Friday after the fall, yesterday again fell, today released the 5th Audit report, the plate again rose nearly 9%, volume amplification, turnover rate of nearly 20%.  Into the fly integration Bulletin said that the company's non-public offerings to raise funds related to the work is under way, but the programme can be considered through the company's shareholders and can obtain approval or approval of the government departments of uncertainty, the company on the above matters to obtain approval and approval of the relevant government departments and the time uncertainty. Into the fly integration ...

China's electricity consumption grew by June

"Financial reporter Li Gaoyang" July 14, the National Energy Bureau released June and the first half of the social power consumption data.  China's electricity consumption grew by a quarter in June.  Data show that June, the whole society's electricity consumption 352 billion-kilowatt, the year-on-year growth of 14.14%, the growth rate is 6.66% lower than May, the chain growth of 1.1%. January-June, the whole society electricity consumption 2.0094 Trillion-kilowatt, the year-on-year growth of 21.57%. From the classification of electricity consumption, primary 45.1 Billion-kilowatt, the increase of 5.61% secondary 1.5155 Trillion-kilowatt, the growth of 24 ....

Benefit the present to benefit the world for posterity (figure)

--Premier Wen Jiabao attends the opening ceremony of the Summer Davos forum: Liu Zhao Cheng Zhang Wen Jiabao and president of the World Economic Forum, Schwab, held a forum on "business in the next frontier market". Our package of plans and policy measures in response to the international financial crisis is in line with China's practical, timely, Powerful and effective, it is the right choice for the benefit of the present, the benefit to the future generations and the world. "September 13 17:10 Xu, Tianjin Meijiang Exhibition Center." Accompanied by the President of the World Economic Forum, Schwab, China's premier ...

Min says the economy will not dip two times

Zhu Min, special advisor to the International Monetary Fund, said at the 2010 Summer Davos forum that the global economy was still falling and that the foundation of the global recovery was fragile, but fears of a two-dip recession would not occur. Now the global economy is still slipping, Zhu said.  This from the global import and export situation, industrial production I have reflected, so the foundation of the recovery is relatively weak. However, Zhu said that, despite this, the global economy does not have two dip, the global economic recovery is a slow process. Because in the recovery process, from the financial needs of deleveraging, financial debt ...

Huadian Energy invested 389 million yuan to buy 100% shares of the Asia Electric Power

NetEase Financial July 14 News Huadian Energy Wednesday Evening Bulletin said, the company intends to use its own funds to invest about 389 million yuan to buy Heilongjiang Asia-electric Xin Bao 100% equity. Huadian Energy said that the proposed acquisition of Asian electricity in Singapore owned by the Asia Electric Xin Bao 51% equity, the transfer price of 204.4 million yuan, the acquisition of Qiqihar Xin Bao thermoelectric power holdings of the Asia-electric Xin Bao 49% equity, the transfer price of 185 million yuan.  The total acquisition of Asia electric Xin Bao 100% Equity, the total transfer price of 389.4 million yuan. Huadian Energy said that the above issues in July 2010 1 ...

Zhang June: The concept of a hike cycle should be thrown away

This reporter Wang Gaolei intern Zhaoshu from Shanghai Times Weekly: Do you think this rate hike, whether to enter the start of the cycle? Zhang June: The concept of rate hike cycle, I think should be thrown away. In the previous discussion on the macro-economy, the concept of "interest rate hike cycle" has been constantly appearing, but we have seen that the rate of increase is not frequent since 2000. If China has entered the interest rate hike cycle, then is it going to keep raising interest rates? The main macroeconomic indicators, especially inflation-like data, that is not to lose control! If there is a ...

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