Standing Committee: China's rich and poor disparity widening income gap 12.66:1

People's Daily Beijing, June 17 (reporter Changgong) "With the recent imbalance in the distribution of national income, resulting in social contradictions intensified and insufficient domestic demand, income distribution is unreasonable, the residents consumption has been declining." The final consumption of GDP fell from 62% in 80 to 48.6% in 2008, and the gap between the rich and the poor widened from 4.5:1 to now 12.66:1. "During the sixth meeting of the CPPCC's 11th session, the Raiming Standing Committee pointed out that in recent years, China's national income distribution pattern has been unbalanced, resulting in unreasonable income distribution structure and widening income distribution gap." ...

St Nonferrous metals to be injected 800 million yuan non-ferrous metal assets

Nearly one months after the suspension, St Nonferrous (600259) 18th announced an asset injection program.  The company intends to the controlling shareholder Guangdong Guang Sheng Nonferrous Metals Group and strategic investors to 16.82 yuan per share of the price directed issue not more than 55 million shares, purchase 799.62 million yuan non-ferrous metal resources assets. Injection of assets, including Lianping County Pearl River Mining Co., Ltd. 60% stake, Guang Sheng Nonferrous Metals holdings of Qingyuan Jiahe Rare Metal Co., Ltd. 30.5% stake and Qingyuan jiahe Rare Metal Co., Ltd. Other shareholders of the 30.5% shareholding, Guang Sheng Nonferrous Group held the South storage storage pipe ...

The three departments clearly stipulate the measures to punish the violation of land Administration regulations

Xinhua Beijing, June 18, according to the Ministry of Land and Resources website news, a few days ago, Ministry of Supervision, Human resources and Social Security Department, Ministry of Land and Resources jointly issued the "Law on the application of rules of conduct in violation of land management provisions of the third relevant issues of the notice" on violations of land management provisions "The notice" requires that the "measures for the violation of the provisions of land management Regulations", that is, Decree No. 15th, to hold the leadership of the local people's government responsible, should be given disciplinary provisions, applicable to the violation of the provisions of land management after June 1, 2008 acts. However, for ...

The pork market picks up the fruit, and the meat industry benefits

Every trainee reporter from Beijing "National Reserve policy of the acquisition is small, but can solve the people's ' psychological problems ', now the national pork prices have generally started to rebound."  A person in the industry said to reporters. Winter in the pig industry, finally touched the warmth of the spring breeze. The 4th day after the central start-up of Frozen pork, the daily economic news reporter from Sichuan, Hunan, Beijing and other pig farming enterprises, slaughtering enterprises and government departments to understand that local and central to the beginning of the initial success. The pig price picks up, the Sichuan Pig is favored, the boar sells, all sorts of indications, the pig market spring is not far.

Bo Rui Dissemination of the net 60 fund brokers focus on research

Every reporter Zeng spread as a A-share market net swims the first stock is born, the message determined after the competition on the plate is not fierce, there seems to be "See the Light Dead" feeling, in fact, under the surface undercurrent surging, the fund agencies in the absence of clear before will not make rash, after all, they are mature investors,  Not just for a concept and desperate. Yesterday in the gold, Citic, investment, Guotai, Wanguo, such as five major brokerages invited, more than 60 fund institutions more than 80 people gathered in Chengdu Longquan Bo Rui Garden Hotel, on the development of the current situation of the spread of Bo Rui, especially after the merger of the Dream Factory online ...

The month refers to the high open 120 point report 17,990 points

That is, the monthly HSI Futures high Open 120 points, reported 17,990 points.

HSBC to fully acquire Indian securities trader InvestSMART

Shu-time HSBC recently announced that it has made a proposal to Il&fs InvestSMART 2¥q, one of India's largest financial institutions, to acquire 6.14% per cent of HSBC's outstanding holdings, And to cancel the listing of InvestSMART on the Bombay Stock Exchange and the National Stock exchange of India.  If the takeover succeeds, InvestSMART will become a wholly owned subsidiary of HSBC. In a statement from HSBC to CBN, HSBC said that as early as 2008 ...

Fund chain emergency billion yangxin to sell the Hkust news fly out of the dilemma

-Our correspondent Chen today billion Yangxin issued a notice that the company's chairman Chang authorized, the company management of a long-term equity investment, the sale of 594,000 shares of Hkust (002230,SZ). Sales profit of 10.02 million Yangxin Tong 2008 years, the company holds the Hkust flying 396,000 shares, accounting for the hkust flying 0.51%, the holding cost of 1.1394 million yuan.  As of December 31, 2008, billion Yangxin held by the hkust to the end of the final account value of up to 9.306 million yuan. Hkust News Fly ...

That is, the monthly H-share period refers to high 59, 10,610.

That is, the monthly H-share period refers to 59 points high, 10,610 points.

Hong Kong stock ADR generally fell but the exchange control rose 0.57%

US stocks were soft and the shares in Hong Kong, which were listed in New York, were also generally down, although the Exchange control (00005) rose against the city and each of the pre-supporting securities (ADR) closed at $43.31, or $67.13 per share, compared with the close of 0.57% in Hong Kong.  Stock Pre-supporting securities (ADR) (USD) equivalent to the closing rise/decrease in Hong Kong (%) Chinalco (02600) 25.15 7.80-1.64 PetroChina (00857) 109.79 8.51-1.62 Huaneng (00902) 27.1 ...

Shenzhen lixin Thai: A-share issue will not be released so soon

-Our correspondent Shanyu if media news is true, then Shenzhen lixin Thai Pharmaceutical Co., Ltd. (hereinafter referred to as "letter Li Tai") is also expected to get the first batch of IPO pass.  The IPO will be late, but then the reporter contacted Mr Yang, who said that he had not heard of the news and that the stock issue should not be released so quickly. The first listing application was approved by the Commission last September 16, and the underwriter is the merchant securities.  In the 33 companies that have already passed the meeting, the company will have a better time. Therefore, the letter Li Tai Gao ...

Citic Securities: The second half of a shares continued to concussion upward

Securities Times reporter Sun Xiaoxia today, Citic Securities held in Chengdu for two days, the theme of "Recovery and Transformation" of the 2009 medium-term strategy.  Citic Securities believes that China's "U"-type recovery situation is more certain, the future economic growth will begin to rebound quarterly, the second half of a-share will still shock upward. Economic growth is set to rebound by the end of last year, the central government launched 4 trillion investment plans, the implementation of a loose monetary policy, the first 5 months of the year to extend credit 6 trillion yuan, the continuous increase in export tax rebates to ensure the employment of migrant workers, and vigorously develop regional economy and so on. In these ...

The government issued the first 50 billion official debt officials in September and said it was still in consultation.

BEIJING, June 18 (Xinhua) Hong Kong's Financial Secretary, Mr John Tsang, announced in this year's budget the issue of a new batch of government debt of HK $100 billion to promote the development of the Hong Kong bond market.  According to foreign sources, the government plans to issue the first batch of $50 billion in government debt in September, which is more than the SAR government's earlier reference to a substantial increase of 10 billion to 20 billion yuan a year, with a minimum interest rate of 1 below and the earliest possible submission to the Legislative Council next month for approval. A spokesman for the Hong Kong Financial Services and Treasury Bureau said 17th that the report was not correct and that the SAR government is still on the first year of the deal.

Zhejiang: Small Business loan guarantee compensation limit rose to 500,000 yuan

Xinhua Hangzhou, July 13, to actively encourage guarantee institutions for small enterprises loan guarantee, effectively alleviate the financing difficulties of small enterprises, Zhejiang Province, the relevant departments recently decided to improve the small business loan guarantee risk compensation standards, the maximum compensation to no more than 500,000 yuan. Zhejiang Department of Finance, Small and Medium Enterprises Bureau jointly issued a new approach that the provincial budget each year to arrange a certain amount of collateral risk compensation funds, the conditions of the county (city, district) can also be arranged for the corresponding funds for the security risks.  The object of compensation is the SME credit guarantee institution which provides the guarantee service for the small enterprise loan. According to the above two departments ...

Facing the trend of many foreign trade companies to seek Canton Fair Booth

Xinhua Guangzhou July 13 Electric booth to maintain the total size of 55,000, the number of booths to apply for more than 84,000--will be convened this October 15 in the 106th session of the Canton Fair in the preparatory phase ushered in a "contrarian red" good posture.  Market Personage said, this shows our country foreign trade enterprise market confidence has recovered.  Reporters from the 106th session of the Canton Fair Preparatory work meeting to understand that the Canton fair to host the Chinese Foreign Trade Center plan invited the total number of global buyers reached 840,000, compared to the last increase of 5%. According to China Foreign Trade Center responsible for ...

Ministry of Commerce: four Quarter is foreign trade can rebound key node

From June 28 to July 3, the first 6-day roving exhibition on foreign trade in China was held at the Nanjing International Exhibition Center. The exhibition attracted nearly 500 foreign trade production and processing enterprises from all over the country to attend the exhibition.  Sino-New Society issued Khang Changwang Photo copyright statement: Where the note has "Cnsphoto" the words of the picture copyright are China News Network, without written authorization, may not be reproduced use. China News agency Guangzhou July 13 Canton Fair organizers said 13th, the Chinese Deputy minister of Commerce Zhong Shan in the Canton Fair Preparatory Work Conference, the Chinese foreign trade can rebound, the fourth quarter of this year is the key ...

China moves down 0.57% Citigroup bid to buy HK $6.1

China's movement (03818-HK) is now down 0.57%, at HK $5.20, for a deal of HK $63.8087 million, which is now winning the big city, with the index falling 2.62%. Citigroup's first comment on the purchase rating of the shares, the target price of HK $6.10. Although the unit has risen 168% per cent this year, Citi believes it is not fully valued, 14 times times the 2010-year price-to-earnings ratio, and a composite annual growth rate of 2009-11 per cent for core profits of 18%.  Compared with its peers, China's retail outlets are small in size and believe there is still potential for growth, the bank said. The bank expects China to move in ...

20-day increase of HK $50 billion hot money flood create Hong Kong "capital city"

Securities Times reporter Zhang today's Hong Kong stock market, "hot money" has been a frequently mentioned hot words. Whether it is retail or institutional investors, there is a "large influx of hot money into the stock market," the consensus. However, after the carnival, the "capital city" from hot money will go?  In this regard, insiders believe that short-term "hot money" will not ebb, but in 7 August or will see the real chapter. 20-day increase of 50 billion in the industry's view, the most intuitive evidence of the influx of hot money into Hong Kong is the increasing balance of the banking system, which is the statistics of the Hong Kong HKMA. As the Hong Kong HKMA is a ...

Britain says small island state temperature control targets unrealistic

Huangshan from Copenhagen This Monday (December 14), is the Copenhagen weather summit in the second week, but also the most crucial week of the first negotiation day. With the arrival of Ministers, the center of the Beira center of the security check clearly on a grade.  The queue outside the venue has been stretched for hundreds of metres.  As the first press conference in the morning, the British delegation's Topai apparently matched the "early step" in coping with the weather. Referring to China's deputy foreign minister, Yafei, who previously claimed that China was resolute in opposing the "three can", British Environment Minister Ed &mid ...

More than 30 cities pilot Provident Fund loan construction guarantee house controversy

"China Economic weekly" reporter Li Fengdao/Beijing reported a "good thing" to make effective use of idle funds to promote the construction of housing, in the pilot, but sparked a series of controversy.  In October this year, the Ministry of Housing and Urban and rural construction of the Joint 7 Ministries issued the "on the Use of Housing Provident Fund loans to support the implementation of housing construction Pilot" (hereinafter referred to as "implementation of the opinion"), more than 30 cities nationwide began the pilot. At present, Beijing's pilot scheme has been approved by Beijing Housing Provident Fund Management Committee, will be reported to the housing and Urban and rural Ministry of construction approval. Once approved, safeguard room ...

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