Hong Kong reserves assets at the end of August at $261.4 billion

The Hong Kong Monetary Authority announced September 7 that its official foreign exchange reserve assets at the end of August 2010 were $261.4 billion trillion, an increase of $700 million over the end of last month.  There are no outstanding forward contracts in the reserves assets at the end of August and at the end of July.  According to the latest figures, Hong Kong's foreign exchange reserves are ranked seventh in the world, in the mainland of China, Japan, Russia, Taiwan, South Korea and India, the HKMA said. The total assets of $261.4 billion trillion are equivalent to nine times times that of Hong Kong's currency, accounting for about 56% of the M3.

French media say China attracts foreign direct investment this year may exceed 100 billion dollars

Foreign direct investment in China could be more than $100 billion trillion for the first time this year, the www.lesechos.fr of France reported September 6.  Foreign direct investment in China (non-financial) reached $92.4 billion trillion in 2008 and fell to $90 billion in 2009 as a result of the crisis. Foreign investors are optimistic about China's economic prospects, and China is also trying to improve its investment climate.  China's foreign investment is likely to reach 60 billion trillion dollars this year. Chinese companies invested 56.5 billion trillion dollars in foreign investment in 2009, up 1.1% per cent from 2008. China Ministry of Commerce ...

Industry says property market rally not sustainable end of year

September 7 News, the property market recently appeared Zisheng phenomenon, media survey also found that the property market overall warming up.  To this end, some market participants and experts agree that the recent rebound in the property market is caused by a number of factors, not sustainable, the market will fall before the year.  The rebound highlights the financial no way out is known as "the history of the most stringent" property market control policy issued a few months later, house prices do not see a significant decline, which makes some originally cash people began to hand, prompting the recent turnover, due to the rebound in turnover, house prices also homeopathy. Zhongyuan Real Estate Two market general manager ...

China's August increase in U.S. Treasuries is still the biggest holder of $21.7 billion

By the end of August, China held a total of $868.4 billion trillion, still the largest holder of US Treasuries, and increased its holdings by 21.7 billion dollars in July.  The August International capital Flows Report (TIC), released yesterday by the US Treasury Department, on $21.7 billion trillion of U.S. Treasury Holdings, was held by August 2010, which, by the end of August, was still the largest holder of US Treasuries, adding more than $21.7 billion to July and increasing its holdings for the second consecutive month. According to TIC data, August 2010, the United States net international capital inflow of 38.9 billion U.S. dollars, private investment into 5.3 billion U.S. dollars, ...

Hundred City house prices to rise in August nearly 60%

Experts: Regulatory policy has played a role this is not a housing rally to curb the rapid rise in house prices and two "nuclear weapons" recently, China Index Institute released the latest issue of China Real Estate Index system hundred City Price Index report.  The report shows that August, the country's 100 urban residential average price of 8305 yuan/square meters, compared with July, nearly 60% of the city price has been rising, two or three-line city is the main force of rising prices in cities, a first-tier city, Shenzhen, Guangzhou also appeared a small increase. August nearly 60% city house prices rose according to the "Chinese premises ...

Emerging casting pipe reveals overseas investment progress

Xinxing Pipe (000778) United China Huaxin International Trading Co., Ltd. the plan to form a subsidiary to join the Canadian ore company was launched.  Emerging Casting Tube Today announcement, in line with the principle of equality and voluntariness, mutual benefit, through friendly consultation, emerging casting pipe and Huaxin International signed on October 14, "on the establishment of companies and operating companies agreement." In the new company, the newly-emerging casting pipe invested HK $35,000, holding 70%, Huaxin International investment of HK $15,000 and shareholding 30%. New company to buy Canadian Advanced Explorations Inc.

For the completion of energy-saving indicators Hebei Anping County power rationing

Starting from September 3, Hebei province Hengshui Anping County for the completion of energy-saving indicators, 3 batches of the county to implement power rationing, each batch of power rationing 22 hours. During the blackout, not only did the residents cut off water, hospitals and traffic lights were also blacked out.  September 5, Anping County authorities said hospitals and traffic lights will not power rationing, but the local will still introduce new power rationing measures. Measures every two days power outage 22 hours September 1, anping County government office issued the "Anping County People's Office on further strengthening ordered power rationing notice." Notice said: "My county since August 27, 2010, the implementation has ...

Weidou ni: 2050 energy consumption or will reach 6.3 billion tons of standard coal

September 7 Afternoon News, "21st Century Forum" opened in the morning, the Chinese Academy of Engineering, Tsinghua University, former vice president Nuvi in the speech, said Weidou Ni, according to the Engineering Institute estimated that 2020 renewable energy can provide 600 million tons of TCE power, about 15% of the total energy consumption; 2030,  Renewable energy is likely to provide 900 million tonnes of Tce, and in 2050 it probably provided 1.3 billion tonnes of Tce. According to estimates, by 2050, a year will require 6.3 billion tons of coal-standard one energy. That is to say, 5 billion tons of coal ...

2,090,001 bottles of white wine to a suite

At the weekend, 1 bottles of wine to make 2.09 million yuan sky-high price, this is a new record of domestic liquor auction. In this auction held in Beijing, 20 bottles of wine to 30.76 million yuan of the total price, of which a single bottle of the highest prices of 2.09 million yuan, refreshed before the holding of a single bottle of Maotai 1.03 million yuan of domestic liquor auction records. The annual rise in liquor prices almost made white wine into a "hard currency", liquor auction record constantly refreshed.  But some insiders believe that, although the price of liquor prices, but as a collection, its audience, circulation is not enough, the market is not mature. Express reporter Mr. Zhang ...

Academy of Social Sciences expert Pan Grant electric vehicle policy absurd

September 7 Afternoon News, "21st Century Forum" opened in the morning, the Chinese Academy of Social Sciences Institute of Urban Development and Environment, Director of Pan in his speech criticized in order to complete energy conservation and emission reduction targets, the use of subsidies for electric vehicles and other energy measures and policies "absurd".  In order to achieve energy-saving emission reduction targets, from September 3 onwards, Hebei Anping County Enterprises, public facilities and ordinary people, every two days power outages 22 hours. Pan even said three "absurd". He analyzed that the first power cut reduced social welfare; Secondly, some hospitals and enterprises that cannot power off can only buy generators to generate electricity and send ...

Tianshan Textile acquisition of Western mining 75% shares by Xinjiang business Office approved

NetEase Finance September 6, Tianshan textile Tuesday Evening issued a notice said, Xinjiang Business office agreed to buy Xinjiang Kaidi Mining Investment Co., Ltd. held in Xinjiang West Billiton Mining Limited 50% stake in the acquisition of Qinghai Snow Chi Technology Co., Ltd. held the West Mining 25% stake.  After the transfer of the equity, the company will hold 75% stake in the western mining industry. Background Introduction The Tianshan textile began to suspend business on July 23, 2009, the June 18, 2010 starts the transaction. Tianshan Textile's original main business mainly for wool textile products production and sales, through this transaction, days ...

China Unicom pushes mobile phones to pay four city pilot business next month

China Unicom's internal sources of product innovation to the outside world, China Unicom mobile phone payment business will be in November in Beijing, Shanghai, Guangzhou, Chongqing Four cities pilot commercial, and gradually in other provinces and cities throughout the country to promote.  It is reported that Unicom's launch of the mobile payment business will be implemented in two ways: one is "SIM + Antenna" "Braid card", the user does not need to change the mobile phone, but need to replace a f-sim in the Business Hall card; the other is the custom mobile phone program, that is, the antenna integrated in the phone without the need for external antennas, users need to replace the mobile phone. Previously, China Unicom in the above four ...

Cabernet group: 2015 years ago, the industrial park was fully commissioned

The group (000513) announced today the "Strategic Investment framework Agreement on further increasing investment in Zhuhai" signed by the company and the Zhuhai government.  As this newspaper reported yesterday, the two sides signed the content of the Pearl Group investment in the Pearl Industrial Park project. According to the framework agreement, the Pearl Group is committed to Zhuhai as the focus of strategic investment in the next 5-10 years, the company will increase capital expansion in Zhuhai, the construction of large-scale industrial parks, the introduction of High-tech projects settled. The projects currently under development include the King Bay Industrial Park Project, which will be put into full operation before 2015;

The first domestic PCDM test water Xiamen has aroused buyers interest

Special reporter Wang Jing Book Beijing reported the first construction field PCDM (CDM under planning) has quietly started.  According to our correspondent, Xiamen in the German Ministry of Environment, China's residential construction department, and Tsinghua University and other project partners to support the construction of the field of PCDM project. "This is even the world's first regional project application."  One of the cooperation units MOT Mactonald company Shang to this reporter said. CDM projects are "inherently" awkward for the building industry. Because of the small amount of individual buildings in the construction industry, the emission reduction projects have their own characteristics.

Shanghai August High-end housing rental accelerated

Last month, Shanghai's housing leasing index was 1244, up 9 points from the previous month, up 0.73% per cent on the chain, or 0.08% from last month's Actiau.  High, medium and low-end rise again innovation high, especially in high-end market performance most prominent. Shanghai Housing Leasing Index Office that the implementation of the New deal so far, the decline in house prices have not reached the expected level of buyers, resulting in rigid demand for buyers continue to hold the currency to buy, transfer to rent, further exacerbated the leasing market imbalance in supply and demand, which led to continued higher rents. In addition, the beginning of the September school approaching, the arrival of new college students ...

Jilin high-speed 260 million acquisition of Changchun High speed 36.2% Equity

Jilin High-speed (601518) plan to be not higher than 260 million yuan acquisition price by Changchun Highway Construction Co., Ltd. held by the Changchun Expressway Limited liability company 36.2% Equity. At the same time, the company also with the Jilin Province Construction Group Co., Ltd. tentatively reached a cooperative intention to jointly set up real estate development company to increase the efficiency of the company growth point. The proposed establishment of real estate development company registered capital of 30 million yuan, of which: Jilin high-speed investment of 27 million yuan, accounting for the proportion of 90%. The company also with the Jilin Hong Yun Road Engineering Co., Ltd. preliminary agreement to cooperate with the intention to ...

Tianjin Bank is not loose buckle

Although the city's real estate transactions since August began to shake up, but according to reporters understand that the city's banks, the housing policy is still relatively strict, some banks have canceled the first set of mortgage 70 percent interest rate concessions, and the other banks are mostly only for VIP customers to give such concessions. For the second suite, banks still have to rely on their own investigation, and for the third set of mortgages, because the interest rate is mostly floating comprised to 20%, many people simply choose to pay the full money. In some banks, if the public accepts a "cross-selling" approach and buys other financial products from banks while applying for a mortgage, sometimes ...

Yanggu Huatai invests 164 million to expand in different places

This newspaper is holding a lot of money to raise Yanggu Huatai (300121) finally choose to expand the road in different places. The company intends to set up a wholly-owned subsidiary in Dongying, Shandong Derek New Materials Co., Ltd., registered capital of 164 million yuan.  And the new company as the first IPO project annual output of 15,000 tons of rubber promoter M project implementation of the main body, with more than 100 million yuan to raise funds to implement an annual output of 10,000 tons of rubber coke-proof Agent CTP project, an annual output of 10,000 tons of rubber accelerator ns Clean Production project, annual output of 10,000 tons of rubber accelerator CBS cleaner Production project. Yanggu Huatai introduced, the new company set up in Dongying more is ...

Li: China will not raise IMF share by G20

"China is unlikely to seek to raise the cap on the International Monetary Fund (IMF) at the G20 summit to be held this November, but will strengthen its ties with African countries," the Chinese daily quoted Mr Li, a member of the central Bank's Monetary policy committee, on September 7.  Strive to increase the impact of the renminbi in the global financial system.  The report quoted Li as saying that if China's share of the IMF increased, the share of other countries would be reduced, which would hurt the interests of China's friendly partner countries. China's current share of the IMF is ...

January-July national second-hand car trading 2.0064 million

Auto Circulation Association September 7 released figures show that July 31 provinces and cities in the country 302,900 second-hand car transactions, the chain fell 3.2%, January-July, a total of trading used cars 2.0064 million, the year-on-year increase of 12.64%.  The association data shows that July China's domestic second-hand car trading volume to the main decline, the largest decline in the Northeast region, the chain fell 19.54%, followed by North China, the chain fell to 8.26%. Data also shows that January-July, China's second-hand car turnover reached 90.467 billion yuan, an increase of 12.8.

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