Questions and answers by CBRC on information technology risk management in commercial banks

China Banking Regulatory Commission issued the "Guidelines on Information technology risk management of commercial banks", the CBRC's responsible officials answered questions about relevant questions in response to a reporter.  Q: In 2006, the CBRC issued the "Guidelines on risk management of information systems in banking institutions", and why is it now promulgated the guidelines on Information technology risk management of commercial banks? A: In 2006, the CBRC issued the guidelines on risk management of information systems of banking financial institutions (hereinafter referred to as the original "Guidelines") to fill the information of China's banking industry.

Expanding domestic demand and bidding strictly prohibited purchase

Morning News of the National Development and Reform Commission in conjunction with the Ministry of Industry, Ministry of Housing, Urban and rural construction, transportation, Ministry of Railways, Ministry of Water, Ministry of Commerce, the State Council, and other eight departments issued the "on the implementation of the expansion of domestic demand to promote economic growth decision-making deployment to further  "Notice"). "The notice" clearly stated that government investment projects belong to the government procurement, in addition to the procurement of works, goods or services in China can not be obtained or reasonable access to commercial conditions and other statutory circumstances, should purchase domestic products. It is necessary to ...

Experts say the price of this product is not adjusted sufficiently high

CCTV "News 1+1" June 1 broadcast "Oil price bullish?" , the following is a record of the program: International crude oil prices have risen repeatedly, the domestic product prices began to rise today. Since May 8, the issuance of oil price management measures, the first use of oil prices adjustment, linkage pricing mechanism can play an effective role?  Is it in line with the expectations of the parties? It is entirely up to the market to determine the price of oil, adjust government and business relations, control oil prices, with high taxes to curb oil prices, all kinds of foreign methods in which we can learn from the international oil prices better, we also need in what areas to make efforts? The news ...

Liu: Linking bank case Prevention and executive pay performance

The regulatory authorities ' measures to prevent and control banking risks are ongoing.  After the previous day and the Ministry of Finance issued a joint notice to strengthen the bank's financial and risk management, the CBRC website yesterday issued the "Commercial Bank information Technology risk management Guidelines" and the 2009 banking case control and security work conference press release, the banking risk management to further specific requirements. In 2009, the CBRC chairman Liu said that the banking institutions with high frequency of cases should take restrictive measures to link the case risk with the business admittance, and improve ...

Ministry of Commerce: Rare earths export policy unchanged next year

Specific quotas for exports next year are still under discussion hoping to strengthen cooperation with other countries (reporter HUANGPE) yesterday, at the Ministry of Commerce's regular press conference, Ministry of Commerce spokesman Yao Jian said that the specific export quotas for the next year are still under discussion, export policy is basically unchanged. Re policy in line with WTO provisions Yao said that the implementation of export quotas is the most effective method of total control, China's current export quotas, export tariffs, export enterprise qualification management measures, in line with China's WTO commitments. In particular, the current need for further management of rare earths, a number of policies and apply or ...

Chinese investor sentiment index rises for four consecutive quarters, survey shows

BEIJING, July 15 (Li Fangfang, Zhaoxiaohui) Global Financial Services Group (ING) 15th reported a quarterly investor sentiment Index report, the two-quarter Chinese investor sentiment index rose 27%, after a four consecutive quarterly rally, from "neutral" area close to "very optimistic" area. The survey showed the two-quarter Chinese investor sentiment index ranked second in Asia (excluding Japan), only after India.  This shows that the macroeconomic measures adopted by the Government have already been effective and the domestic economy is showing signs of improvement. 90% of the investors surveyed said the government's $4 trillion shock ...

Bauhaus 13.51% to be stimulated by higher interest rates

Supported by high interest rates, Bauhaus (00483-HK) rose 13.51% to HK $13.51, which today ran far to win the big city and the index rose 2.09%. Bauhaus announced that, as at the end of March, the net profit for 09 was down by 9.4% to HK $60.78 million, and the end of each share was 0.055 and 0.03 Hong Kong dollars, with a total of 0.105 Hong Kong dollars a year, and 22% less than the previous year. However, at the current price, the Bauhaus interest rate is 8.2, which is more attractive than the 5.3 and 7.9 of the 00592-HK and the 00709-hk of the same shares.

Ministry of Commerce: Research on policies to support the Midwest absorbing foreign capital

Xinhua Beijing, July 15, according to the National Ministry of Commerce website News, Ministry of Commerce spokesman Yao Jian said at a routine conference, is studying the introduction of policies to support the Midwest absorption of foreign investment.  In response to the Midwest's absorption of foreign investment, Yao said it was true that this year there has been a decline in foreign investment in the Midwest, which is even more pronounced in the central region. Yao said that the Midwest's current decline in foreign investment was due to a fall in the pace of rapid growth in previous years, as well as a general drop in overseas funds, which fell 54% per cent in the first quarter of this year. In such a context, we are the first ...

Ren Zhiqiang Wang Shiyi revealed the birth of the new king: charges let the central enterprises back

The figure is Ren Zhiqiang pan Shiyi in BTV5 "Financial 5 bursts" program scene. Click here to view all financial news Pictures recently, the chairman of Soho China Ltd. Pan Shiyi, Beijing Huayuan Real Estate Co., Ltd., Chairman Ren Zhiqiang invited the media, told the June 30 Kwong Wan Road, 15th, the new "King" of the production process, and the media has not reported the details before. The following is the specific content: Pan Shiyi: "To the auction of a total of 11 companies, the 11 companies are very interesting structure, 10 companies are like the general enterprise is the state-owned assets as the background ..."

Economist on inflation: expansion and contraction under the collision of the mind

The Masters are here to express their views, what do you think? Statistics such as CPI do not help us make judgments, so what about economists who have always liked to predict?  Listen to what they're betting on at which end of the coin? Krugman's 2008 Nobel laureate in economics is the current real risk of deflation, rather than inflation.  The panic is partly attributable to political factors rather than economic factors. First, there is no inflationary pressure in the current economy.  The consumer price index is now lower than a year ago, and wage growth has stalled due to high unemployment. Second, the Fed recently ...

MA: The cultural industry's bigger and stronger needs the financial integration

MA: The deepening of the cultural industry needs the deep integration of finance "China (Shaanxi) high-level Forum on financial and cultural Industry Development" was held in Xian on July 15. Forum on "Financial support for the development of cultural industries effective way to promote monetary and credit policy and cultural industry policy effective docking" was discussed.  People's Bank of China party committee members, deputy Governor Ma, CPC Shaanxi Provincial party committee, propaganda minister Hu, Shaanxi province, vice governor Zheng attended the forum. In the opening speech, Hu said that in recent years, Shaanxi Provincial party committee and provincial government have placed great and strong cultural industries in an important strategic position. For the sake of ...

Mofcom: China opposes carbon tariffs imposed by some countries

International online News: China's Ministry of Commerce spokesman Yao Jian reiterated in Beijing 15th that China is firmly opposed to the imposition of "carbon tariffs" on imported products by some developed countries. This practice violates the basic rules of the WTO. "This policy is not consistent with the policies of the WTO or the common but differentiated responsibility of developed and developing countries as proposed by the UN Climate Change convention." At the same time, we also see that these policies have hidden the trend of using environmental resources to carry out trade protectionism. "Yao also said that developing countries are taking on ...

A perspective of China's foreign exchange reserve breakthrough 2 trillion dollars behind

Xinhua Beijing, July 15 (Xinhua News agency reporter Wang Yu, Jiang Rui, Yiu Junfang) After a brief pause at the beginning of the year, China's foreign exchange reserve growth pace in the two quarter again accelerated. According to central bank data, as of the first half of 2009, China's national foreign exchange reserves exceeded the 2 trillion U.S. dollar mark, this number is the world's second largest foreign exchange reserves, Japan, twice times.  And even more surprising is that, in the more than 180 billion dollar of the first half of the external storage increment, 95% from the two quarter. Why does the growth rate of foreign exchange reserve increase again? What are some of the new hidden worries behind growth? The use of China's foreign exchange reserves ...

China's actual use of foreign capital in June narrowed

Xinhua Beijing, July 15, Xinhua Ministry of Commerce spokesman Yao Jian 15th said that the month of June this year, the actual use of foreign capital of 8.96 billion U.S. dollars, down 6.8% year-on-year, the decline was narrowed than the previous month. Yao said at a regular press conference here that June this year, the new batch of foreign-funded enterprises set up 2,529, down 3.8%, the contract foreign capital of 27.07 billion U.S. dollars, an increase of 7.2%. The first half of the country's actual use of foreign capital 43.01 billion U.S. dollars, down 17.9%, the new approved the establishment of 10,419 foreign-invested enterprises, 8 of the contract foreign investment ...

Ministry of Health Special Assessment of public hospital control costs

Business News (reporter Li Zijun) yesterday, Health Minister Chen Zhu said at the National Health Conference in 2011 that the focus of health reform this year will be "aimed at" medical costs, the Ministry of Health will be combined with health reform monitoring control of medical costs, while efforts to reduce personal health costs.  Relevant experts pointed out that the proportion of expenditure to control health costs needs "administrative strength" and "market mechanism" both hands. "This year's medical expenses have indeed risen, the burden of our people's personal health care is still heavier, ' Twelve-Five ' period must be a priority to solve the problem of rising per capita health costs in China." "Chen Zhu is talking about ...

The city traffic jam the birth of the company's starting price 80 to 400 yuan

Rush hour, the vehicle is stuck in a dilemma, but also have the most important things to deal with, how to do?  Make a phone call to "block" company, will come to two people immediately-one for you sit in the car continue to be blocked, road after the car to the designated location, the other person will ride a motorcycle or electric vehicle to send you to the destination. Near the end of the season, urban traffic peak road congestion is more serious.  In Wuhan, Jinan and other place, a new service "generation of congestion" quietly appeared. Plugging out the new "valet" service quietly appeared a person to be blocked a visitor to the spring Festival, Jinan, Shandong Traffic ...

Airport construction fees continue to be levied this year

Xinhua Beijing, January 6 (reporter Li Lihui) reporter learned from the Ministry of Finance: in order to further improve the airport management construction fee and Tourism Development Fund collection and use of management work, with the approval of the State Council, January 1, 2011 to December 31, 2015, continue to levy airport management construction fee and Tourism Development Fund. To support the development of regional aviation, passengers on January 1, 2011 and beyond to purchase regional flights fly air tickets, free of charge of airport management construction fees, the other airport management construction fee collection standards remain unchanged. The regional aircraft is based on the models announced by the CAAC and the Ministry of Finance ...

Hong Kong's April retail sales fell 4.4% better than expected

The Census and Statistics Department released the provisional estimate of the value of total retail sales in April 09 at $21.7 billion, down 4.4% per cent, less than the market's expected 6.9% per cent, and the volume of retail sales after the deduction of price changes by 5.5% over the year.  The revision of the value of total retail sales in March was estimated at $20.8 billion, down 7.7% per year, while the volume of total sales decreased by 9.2%. Analysed by main types of stores, sales of motor vehicles and spare parts decreased by 34% in volume in April, followed by clothing (12.8%%), furniture and fixtures (9%).

Real estate industry to absorb foreign investment soared nearly 50% in all sectors of the first

FDI continued to grow for 15 consecutive months (reporter Zhang Zhonghan) The Ministry of Commerce published data in Tuesday showed that the October actual foreign direct investment (FDI) 7.663 billion, the year-on-year growth of 7.86%, continued to grow for 15 consecutive months. Real foreign direct investment in January-October was 82.003 billion U.S. dollars, an increase of 15.71%.  It is noteworthy that in various industries, the real estate industry to absorb foreign investment growth is the fastest. Ministry of Commerce spokesman Yao Jian said, according to the Ministry of Commerce statistics, October New batch of foreign investment enterprises set up 1972, an increase of 8.

Geithner returns to north China-U.S. cooperation to promote economic recovery

BEIJING, June 1: Geithner returned to the University of China and the United States to promote economic recovery, U.S. Treasury Secretary Timothy Geithner, a day to the "alma mater" Beijing University, in Chinese and English to the teachers of the year to express their gratitude, and called for greater cooperation between the two countries to promote the world economy and growth. "The first time I came to China and Peking University was in the summer of 1981, when I was a college student who studied Mandarin." I am here with some graduate students and undergraduates from the United States. "In that year, Geithner came to Peking University through the American Association for International Education Exchange ...

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