Last week, a report said that because the oil price adjustment regulations are too transparent to cause market speculation, the NDRC related departments have begun to consider further revision of the newly implemented oil pricing method. In this respect, the national Development and Reform Commission Energy Research Institute, an authoritative personage told our correspondent yesterday, the new refined oil pricing mechanism will not be arbitrarily changed, otherwise, will hinder the authority of the policy. Since the publication of the oil price management method, the price formation mechanism of new oil products, which has been implemented synchronously with the reform of product price and tax, has surfaced for the first time this January 1. However, due to the mechanism of the relevant pricing strategy for the industry to calculate the price adjustment cycle to provide ...
Shaoning, deputy Director of SASAC, 8th, from the January-April situation, state-owned enterprises difficult to operate more serious than last year. Shaoning in the "2009 China City National Capital Forum" stressed that to deal with the crisis, the state-owned economy should strengthen cost control, optimize the layout of the structure and eliminate the low quality of excess capacity. There are also experts that the current state-owned enterprise development inflection point has emerged, should seize the opportunity to promote the transformation of upgrading, optimize the state-owned economy. The development inflection point of State-owned enterprises is now Shaoning introduced, the current grim situation is very big test to the state-owned enterprises. "This year's situation should be more serious than last year, especially the operating income ...
Reporter Li Qiang report: Today, Peter Dicky Yip, deputy governor of the Bank of communications, said that the bank's stake in the insurance company is about to get formal approvals, but the bank's formal investment in the insurance company's timetable is still uncertain. It is reported that the bank's share of the target for the headquarters in Shanghai, the Sino-Baokang joint Life, the latter is currently 51% of China Life Holdings, such as the current preparatory progress, the bank is likely to rob banks to participate in the first license of insurance companies. Earlier this year, the State Council approved the CBRC and the CIRC jointly reported on the issue of Commercial Bank investment insurance company for instructions, the principle agreed to the bank investment in insurance companies, and ...
Our News (Reporter/Chen Zhijie) Domestic auto market recovery momentum like "runaway". Yesterday, information from the China Auto Industry association showed that domestic car sales have exceeded 1 million vehicles for three consecutive months, maintaining the world's first for five consecutive months. Passenger car sales hit record highs the latest data released yesterday by the National Passenger vehicle Joint meeting showed that domestic passenger cars sold to 812,000 vehicles in May, 800,000 more after April. Passenger car sales rose 1.2% per cent in April compared with a year earlier, by 54.7%. According to the past rules of the auto market, May will enter ...
Goldman Sachs and Nomura believe that the forthcoming May Chinese economic activity figures are likely to resemble those of April, as China's domestic demand-driven economic recovery is growing in momentum. Private investment further accelerated both Goldman Sachs and Nomura believe that the forthcoming May China economic data is likely to be similar to that of April, with fixed asset investment growth and strong retail sales supporting industrial growth, which would greatly offset the impact of very weak exports. Goldman Sachs believes that the year-on-year increase in industrial value in May may remain at around 7.3% per cent, roughly the same as last month. The trend of growth recovery ...
NetEase Finance November 2 News of the Pearl River Beer evening announcement, recently, the company received the notice of the competent tax authorities, since December 1 should pay the city maintenance and construction tax and education fees. Therefore, since December 1, 2010, the company will pay value-added tax, consumption tax and business tax sum of 7% and 3%, respectively, the payment of urban maintenance and construction tax and education fees attached. Since the company was a foreign-funded enterprises, temporary exemption from the payment of urban maintenance and construction tax and education fees attached. According to the company's financial department estimates, the first three quarters of this year, the company's exemption of urban maintenance and construction tax and education costs added to the total of about 2988.8.
Wang Shifeng this week, the main economic data for May will be gradually released, before the economic situation is fully stabilised, the economic data will show how the trend of change? In an interview with CBN reporters, most experts believe that a steady or steady rise will be the keynote of changing economic data. Prices are still looking at the bottom. Since June 10, the National Bureau of Statistics will release major economic data, while PPI (factory price) and CPI (consumer prices) are among the first to be announced. Judging from current market expectations, given the high base period of last year's price ...
Economic observation Network reporter Yun Zhang reporter from the National Development and Reform Commission, the State Food bureau learned that this spring, some of China's vegetables and food and other agricultural and sideline products prices are closely related to speculators speculation. In April, the development and Reform Commission, the Ministry of Commerce, the State Administration for Industry and Commerce conducted a number of investigations, in response to Chinese herbal medicines 37 malicious speculation and other issues, strict warning to production and marketing enterprises, "found that the price of illegal acts seriously disrupt market price order, constitute a crime, legal accountability. "In addition, led by the NDRC, the national departments are actively coordinating to promote the establishment of minimum and lowest workers ...
On the evening of November 1, Southern Airlines (600029). SH/01055.HK) issued a notice to disclose the results of a a-share, including the large shareholder of China Southern Airlines Group (hereinafter referred to as South Airlines), including 9 of the target subscription of its 1.5015 billion shares, the total amount of fund-raising net 9.838 billion yuan. The shares issued price of 6.66 yuan/share, Southern Airlines Group subscribe to 123.9 million shares, restricted period of 36 months. The remaining 8 shareholders have a restricted period of 12 months, including a natural person and institutional investors such as Societe Generale Fund and Bosera fund. Among them, recognize ...
International crocodile George Soros said yesterday in Shanghai's Fudan University to launch the mainland's first-stop tour, saying that the market is now flush with liquidity, many investors have yet to enter the market and are confident that stocks will continue to rise strongly, but he stressed that now is not the beginning of the Super bull market, the current asset prices are cheap, but he does not agree that investors to re-enter the market, The outlook for the global economy remains uncertain. He also believes that China's 4 trillion yuan to revive economic measures to stimulate the economy effectively, believe there is room for growth, and said that China can expand credit and investment to stimulate exports, and the mainland's international influence will exceed market expectations. According to the Hong Kong media newspaper ...
⊙ reporter Zhang Xia 0 Editor Heng Road celebrates the recent rumors about the property tax. This reporter learned through many interviews, about the property tax, the relevant departments of the idea has been very clear, and in an orderly manner to promote the relevant work. Nu Hongzhi, a researcher at the Development Research Center of the State Council and a famous finance and taxation expert, told our correspondent that there are many claims that there is no basis for the recent property tax, and the relevant departments are actively studying the issues related to the tax of housing tenure. Nu Hongzhi is a member of the "real estate tax reform" team of the State Council Development Research Center, which is currently working with the State administration of taxation ...
At present, the problems of drinking water in rural areas are related to the lag of legislative guarantee of drinking water safety. At present, the existing laws and regulations, normative documents to protect rural drinking water played a certain role, but because there is no more perfect legal system of rural drinking water protection, no specific provisions for rural drinking water security, the actual operation and implementation is very difficult. Inadequate legislation on drinking water security, lack of the content of rural drinking water security, lack of agricultural non-point source and domestic waste pollution control laws and regulations, there is no corresponding legal norms for the lack of resources, the establishment of rural small centralized ...
State Council deputy Director Shaoning Click here to view all financial news Pictures state-owned deputy director Shaoning: Whether the current stimulus package is sustainable is still needed to study according to Beijing, June 7 (Xinhua) Shaoning, deputy director of the state-owned Assets Supervision and Management Commission, said in Beijing on 7th that the revenues and profits of state-owned enterprises had declined in the previous April. He stressed that the future state-owned assets should be further optimized to concentrate, and ensure that the difficult state-owned enterprises can successfully withdraw from the city often overwhelming majority of the industry in the State Council SASAC and Beijing Municipal Commission sponsored by the 2009 City state-funded forum, Shaoning said, eyes ...
Japan will be 2020 years ago to its claims of the so-called exclusive economic zone to carry out large-scale exploration of the seabed resources, including large tracts with China's disputed regional text/"Financial national Weekly" in Tokyo Reporter is Liu Hua on the East China Sea issue, May 15, China and Japan foreign ministers openly competing. Mr. Okada, Japan's foreign minister, also protested to Chinese Foreign Minister Yang Jiechi at a meeting of foreign ministers of China, Japan and South Korea. In early May, the Japanese coast Guard said China's maritime surveillance vessels "tracked" the Japanese Ocean survey ship in the East Sea, "the Middle line". Earlier in the late April, the Japanese government formulated a new ...
An action to let farmers "go upstairs" is being carried out in more than 20 provinces and cities nationwide. All over the same goal: the Farmer's homestead reclamation, with increased arable land in exchange for urban construction land indicators. Their common policy is based on the increase or decrease of urban and rural construction land. According to the survey, the policy was used by local governments, "distorted", evolved into a new enclosure movement. Many provinces and cities are "withdrawing the village" in exchange for construction land, the use of policy loopholes to expand the finance; the loss of homestead farmers "was upstairs" September 15, Shandong Zhucheng Zhi Gou Two village, a farmer in the rubble to eat lunch. He was sorting out the garbage in the day, searching for ...
"In the foreseeable months, China's foreign trade situation will remain very grim." "Chen Deming, minister of Commerce, said recently. Industry insiders said, external demand atrophy has become the biggest problem of China's economy, to reduce the continued shrinkage of external demand for the impact of China's economy, foreign trade enterprises must be given corresponding support. June 2, the Secretary general of China International Economic exchange, the former deputy minister of Commerce, Wei told China Economic Weekly reporter, the State Council has recently met to increase support for foreign trade enterprises, especially export tax rebate preferential policies, he expected, details of the measures will soon be announced. ...
⊙ reporter Yu Xiangming to analyze the new trend of the people's capital: two or three line city, commercial real estate, wait-and-see in the sensitive period of property market regulation, hundreds of billions of folk capital to become the focus of the industry. Part of the investment in residential housing funds, began to seek to cut the meat fled, Shanghai, there has been a lot of speculation in the House of the phenomenon of selling. A lot of money is still looking for a way out. The unique preservation of the property market and the inertia of private capital investment make it difficult for them to abandon real estate investment, and partly to find opportunities in the residential and commercial real estate of the two or three-tier cities. However, a lot of money has chosen to do the wall ...
According to media reports, Xinjiang, China's cross-border trade and investment in renminbi settlement pilot has been launched, Xinjiang has become China's first open Cross-border investment in renminbi settlement area. Hu Xiaolian, deputy governor of the People's Bank of China, said the pilot area had been expanded to 20 provinces (districts and cities) since the pilot work on the renminbi settlement of Cross-border Trade in 2009, and that it would be opened in Xinjiang in the future. But in addition to cross-border trade, can directly carry out cross-border investment in renminbi settlement, Xinjiang is the first pilot, which is conducive to close China and the western and Asian countries around the trade, to help enterprises evade currency risk. ...
The European debt crisis is the main risk of a global economic recovery, BBC News agency president Dominique Strauss-Kahn recently warned. Markets across Europe fell sharply in Tuesday (May 25), fearing the eurozone debt crisis and its adverse effects on the global economic recovery. The average price index of 100 stocks in London fell 2.54% to 4940.68 points, down to a 8-month low. The DAX index in Frankfurt, Germany fell 2.34%, while BNP Paribas's CAC Index fell 2.9%. US stock market opens ...
For the vehicle and vehicle tax duplicate set, the goal is pluralistic and cross, the levy tax cost is high, the urgent need merges the tax, the simplification tax system "the Finance new Net" (reporter Wangchangyong) to travel tax law bill's dispute, may exceed the finance and taxation department's beforehand anticipation. October 28, the Standing Committee of the National People's Congress in the State Council to consider the draft law on travel tax after the first instance, the draft law and instructions in the Chinese large network published to the public to solicit views. By 22 o'clock in the evening on November 1, 57,339 comments had been made online. Compared with the current interim regulations on travel tax, the reform of the draft tax law ...
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