Zhu min: The core of China's reform should be to change the mechanism

In a recent media interview, Zhu Min, the managing director of the International Monetary Fund, said the renminbi's exchange rate should adhere to market-oriented, and that the core issue was to change the mechanism, not just the level of exchange rates. The IMF also strongly supports China's exchange rate reform. China's banking reform needs to deepen journalists: China's banking sector reform since 2003 has come to an ending.  In your view, the next step, if the institutional level, to continue to promote this reform will have to continue to increase efforts, such as the big stake in Huijin? Zhu min: China's banking industry ...

Personnel adjusted into Fuse St Cantor subsidiary "out of Control"

Due to personnel adjustments, led to St. Cantor wholly-owned subsidiary Shenzhen KANGDA (Group) Transportation Co., Ltd. Management "out of control", operating business is also in a standstill state. According to St Cantor disclosed, in order to adapt to the enterprise's future industrial adjustment needs, the company on June 29, 2010, the transport company's personnel made a corresponding adjustment, that is, the change of the transport company's chairman, legal representative and general manager. Because the parties to the company's personnel appointment has the resistance and control of office space, resulting in new chairman, legal representative and general manager can not go to the transport company to perform the normal duties, transport companies ...

Yanzhou coal industry 6.6 billion big acquisition Gao Xuefeng consultation fee 3 billion

Yanzhou Coal (600188) September 6 signed the agreement on the transfer of shares, decided to invest 6.649 billion yuan to buy Inner Mongolia Hao Sheng Coal Industry Co., Ltd. 51% stake, is expected to add 838.4 million tons of coal resources for the company. And Eerduosi Jin Cheng Tai Chemical Co., Ltd. will consultation fee of which 3.009 billion yuan, Jin Cheng Tai's actual control artificially high xuefeng.  The assignor has not yet obtained the right to prospecting, and is expected to obtain substantial wealth. Yanzhou Mining plans to buy three companies to get the 51% stake. The company plans to participate in Shanghai China, which is listed on the Shanghai Joint Equity Exchange.

Xinjiang public and proposed to increase 123 million shares issued a reserve price of 16.25 yuan

NetEase Finance September 9 Xinjiang public and the Thursday evening issued a notice that the company intends to non-public offerings of not more than 123 million shares, the issue price is not less than 16.25 yuan/share, the company's first major shareholder of the special transformation electrician to subscribe to cash subscription to the total number of shares issued 10%-15%. Raise not more than RMB 2 billion Xinjiang public and said that the non-public offering of shares issued by the company's largest shareholder, including the special transformer electrician, including not more than 10 (including 10) specific investors. The total amount of funds raised does not exceed RMB 2 billion, and the net amount of the collected funds after the issuance fee is deducted.

Zhang: China does not have any new energy equipment manufacturers discrimination clause

Deputy Director of the National Development and Reform Commission, Zhang Zhang, director of the National Energy Bureau, said 17th that the United States launched a new energy policy measures 301 survey, the real damage is the United States, will only be the United States to the country's new energy industry subsidies more exposed to the world, the United States will not win the  Zhang said in a joint interview with the Chinese and foreign media, the U.S. side of the indictment some words ambiguous, the data listed are inaccurate, many are imaginary and guess. Zhang said China's total subsidy to new energy companies is negligible in all respects. But the data show that the United States 1 to ...

Controlling shareholder admits Broad Travel original chairman is "double gauge"

Domestic travel agencies leading a broad tour, is facing an "earthquake."  "Daily economic news" reporter September 6 from the Canton Travel control shareholders Easy Netcom Group, confirmed that the original chairman of the travel company Zheng Baked by the relevant departments of double regulation, the current chairman of Lu Jianxu also has been unable to get in touch. Yi Netcom Group yesterday evening in the name of Guangzhou Easy Netcom Investment Consulting Co., Ltd. (hereinafter referred to as Easy Netcom investment) issued a statement that the opposition to any form of a single, "more against any shareholder to the abnormal means to resolve disputes between shareholders or the operation of a broad tour." "A few days ago, the daily economic news reporter received ...

10 ext. 10! Organization gathered in east China CNC

Although compared with last year's annual report, the net profit growth rate of the first quarter of this year is more than 100%, the net profit growth of East China numerical control is not particularly outstanding, but it does not hinder the interest of the institutions. The newspaper showed that 7 institutions were stationed in the two quarter, both the number of institutions and the number of positions, far beyond the end of the first quarter.  The Chinese newspaper also said it plans to implement a 10-to-10 dividend scheme of $1. The first half earnings per share 0.43 yuan notice that, because the domestic and foreign machine tool industry market showed a recovery of growth momentum, the company product orders sufficient, the first half to achieve total operating income of 324 million yuan ...

Preoccupy false statement compensation mediation closed

September 9, Shanghai Hui industry law firm Wang Shujun, Rough lawyer to China Securities News reporter said, by its joint agent of 37 Investors v. Preoccupy (now renamed as the Thai Holdings) false statement of civil compensation case, the final settlement by conciliation. It is reported that the case is the first cause of the Ministry of Finance Administrative penalties for the prosecution of false statements of civil compensation cases.  As of the limitation of action expired, a total of 49 investors nationwide filed a lawsuit against the Hangzhou Intermediate People's Court. It is reported that in the mediation of the Hangzhou Municipal Court, 37 investors and the Thai holdings reached a conciliation agreement, by the Thai holding in accordance with the claim amount of 70% compensation cash ...

Guangzhou asian Yuncheng Deep check-out dispute

October 16, a number of buyers and developers, vendors and representatives of the temporary agreement: first write a check-out application, the developer on Friday to reply.  They also confirmed to this reporter: Sales have suggested that because of the new deal and can not be loans to buy people to deal with false tax certificates. This reporter Wang song only a number of home buyers are alleged that the sale of Canton Asian Games fraud, and because of the property market to meet the new deal and can not fulfill the purchase agreement, request Check-out (see this report October 13). Recently, a number of home buyers to the China Economic Times reporter disclosed that they have been entrusted to defend the rights of lawyers, and to Asia Yuncheng hair ...

Ma Steel shares proposed to restructure Changjiang steel

Ma Steel shares (600808) notice, the company's board of directors after the review approved the company to restructure Anhui Changjiang Iron and Steel Co., Ltd., and authorize the relevant directors on behalf of the company to carry out the work in consultation. The company will further disclose information according to the schedule of reorganization and according to relevant regulations.

Zhang Fulong resigned as vice president of ICBC may be the chief supervisor of CCB

-Our correspondent Ren Xiao eds. ICBC (601398) 23rd, Executive Director, Deputy Governor Zhang Fulong due to work changes, on July 20 to the ICBC board of directors resign, resigned ICBC director, the board of directors associated with the transaction Control Committee, deputy governor positions.  Sources said that Zhang Fulong or will be the construction Bank supervisor long post. Zhang Fulong, born in 1952, has been an Executive director and Vice president of Industrial and Commercial Bank of China since October 2005. At present, Zhang Fulong also serves as vice President of China Financial Accounting Association, Deputy Director of China Financial Management Standards Committee, Silver East Asia ...

The dream of buying a house

Buy a house dream of Beijing's property market, to the feeling of home buyers and the film "Inception" like, Dream of the Dream, dream-connected, dream and cross. The difference is that every time the "dream" is over, the price is crazy up a big cut.  But the real estate developer's "steals the Dream" the technique is once more clever.  Sinorama reporter Fu/wen read the "Inception of the aggressively", home buyers Ms. Chen found herself is experiencing the Beijing property market version of "Stolen Dream space."  The dream of buying a house is constantly being "invaded" and "implanted". The Dom Cobb in the movie is an experienced burglar, Co ...

Oriental Garden sign 1.2 billion landscape project

Oriental Garden (002310) today, the company September 6 and Benxi Economic and technological Development zone CMC in Hong Kong signed the "Shenxi New Town Landscape Engineering framework cooperation Agreement." The agreement construction project for the Shenxi New Town Landscape Project, the main contents include: Health City core landscape project, green area of about 1.4 million square meters, Forest City Park landscape Engineering, green area of about 700,000 square meters, CBD core landscape project, green area of about 1.5 million square meters.  The three major projects are expected to invest about $1.2 billion. According to the introduction, Shenxi New Town Landscape project for landscape engineering design Construction Total ...

China's products encounter a new round of trade frictions

Xinhua News agency reporter Dung Suyu Wang Yu Wu Tao with the international financial crisis, China's trade frictions are spreading from low-end products to High-tech products, spreading from developed to developing countries, and spreading from product layer to industry and policy level, there are some new trends to be wary of as the biggest victims of trade frictions, China's trade-protection pressures have not been as expected as the international financial crisis has subsided gradually, but it has become increasingly fierce. In the 108th session of the Canton Fair, many foreign trade enterprises are worried about the new round of trade frictions, and ...

Foshan Lighting: Counterparties are being fired

Shrouded in Foshan lighting (000541, the former closing price of 18.26 yuan) body thick "leak door" shady is being opened! The company announced last night that during the project planning, the company's counterparties had a small amount of stock transactions.  This also makes the outside world see a trace of "Leak door" mystery was solved the dawn. There's been a new development in the "leak door" investigation. Foshan Lighting released last night the Verification Progress Bulletin said, according to the relevant verification process, the company on September 3 again received a letter of concern, found that the company's counterparty Fangqing, Ho Guang and their immediate family members in the project planning period had ...

China's import and export growth or slowdown next year

Chen Yingying by the Tsinghua University China and the World Economic Research Center and the Hong Kong University of Science and Technology Research Center for Economic Development in the third quarter of 2010, China's Macroeconomic forecast and analysis report pointed out that in 2011 China's import and export growth will significantly slow. The report predicts that in 2011 China's import and export growth rate will fall to a lower level, the 2011 China's export growth is expected to be 0.28%, import growth rate of 3.04%, the year-on-year decline of 37.24% and 39.26% respectively. Francis Lui Ting, director of the economics Department of the Hong Kong University of Science and Technology, said that the next few years, China's ...

Foreign investment structure mapping the predicament of economic transformation

Recently, the Ministry of Commerce and other ministries issued a joint "2009 China Foreign Direct Investment Statistics Bulletin" showed that last year, China's foreign direct investment amounted to 56.5 billion U.S. dollars, an increase of 1.1%, the total assets of foreign enterprises over 1 trillion U.S. dollars.  Overseas investment increased from 2.7 billion U.S. dollars to $56.5 billion in 2002-2009, with an annual growth of 54% per cent during the 8-year period. It can be said that the domestic enterprises to accelerate the distribution of overseas investment, means that China and foreign reserves of investment model from passive bond investment to active capital export transformation. However, the current Chinese enterprises to accelerate the layout of overseas investment more ...

Red Sun Pharmaceutical Industry: To create new drug leading enterprises in the field of health

Listed less than one year, the Red Sun Pharmaceutical (300026) has been using its good performance returns, confirmed his pursuit of stability and realistic development style. As a rising pharmaceutical company, the Red Sun Pharmaceutical industry has made the world's pharmaceutical peer to take notice of the product-"blood will be Net", which unrivaled in the field of domestic sepsis treatment.  Red Sun Pharmaceutical Chairman Yiuching very value innovation, in the future planning of enterprises, he told the Chinese Securities newspaper reporter, the company will be a solid advance of new drug development strategy, the red Sun pharmaceutical industry into a "big health field" of new drug leading enterprises. Strive to enhance Maori space China Securities News: Company ...

South Capital Power 225 executives and the backbone of the equity incentive

September 6 announced the planning of major matters suspended after a day, the South power supply (300068) announced today the draft equity incentive plan. South All power supply this is intended to give the incentive to 8 million stock options, each stock option in the right days to the right price and the right to buy 1 shares of South Power stock rights. The Stock options incentive scheme to give the incentive to the stock options involved in the total number of shares of 8 million shares, accounting for the plan at the time of the signing of the total power of 248 million shares of 3.23%. The first award of 7.2 million, accounting for the total amount of the company's capital when the plan was signed ...

Yong ' an pharmaceutical industry 290 million in Wuhan Building science and Technology Park

Yong ' an pharmaceutical Industry (002365) bulletin, the company and the Wuhan National Bio-industrial base Construction Management Office Investment Service Center signed the "invitation for investment", the company intends to invest 290 million yuan in Wuhan National Bio-Industrial base building Yongan Science and Technology Park. The company intends to use the land in Wuhan National biological Industry (Kowloon Industry) base for project construction, the plot area of about 110 acres, the company committed to investment strength of not less than 2.6 million yuan/MU. The plot belongs to the industrial project land, the company agreed to participate in the plot of the bidding, the plot of the final price to pick the price of the plate prevail.

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