Stephen Roach: Personal income increases boosting consumption and boosting economic growth

BEIJING, March 21 (Siliming) today, the China Development Forum will continue in Beijing in 2011, with the theme "Twelve-Five ' planning and macro-economic policy" as the subject of discussion, Professor Steven Fin Roch, Yale University, said in a statement  Chinese consumers may need to play a more important role in boosting China's growth momentum. Steven Fin Roch believes that in future demand, Chinese consumers may need to play a more important role in boosting China's growth momentum. Three basic wants ...

Good news Feihong: Net income relies on tax concessions receivables are growing too fast

Economic Herald Financial researcher Shi Xianliang Board will convene the 14th meeting on March 22, audit Shenzhen Shenzhou Computer Co., Ltd., Beijing Good News Feihong Electric Co., Ltd. 's first application. Good news Feihong belongs to Sanbanxi listed enterprises, the code is 430023. The company is currently 63 million shares of equity, this time to be in the gem to issue 21 million shares. The company 2007, 2008, 2009, 2010 years ago three quarter earnings per share of 0.41, 0.49, 0.60, 0.52 yuan respectively. Annual performance growth rate of about 20% ...

Shanghai Green new Yi Sheng Pharmaceutical industry today to land

Shanghai Green New (002565) the listing of 26.8 million shares, the shares issued price of 31.20 yuan/share, corresponding to the P/E ratio of 41.22 times times. The company currently has a vacuum aluminized paper capacity of 30,000 tons, 2009 the national market share of 8.14%, is the leading segment of the field. The issue of fund-raising will be to the annual output of 40,000 tons of new eco-packaging materials project and Research and Development Center project, the total investment of 477 million yuan. Company's products are mainly used in tobacco, alcohol and cosmetics, such as consumer goods packaging. Despite the strong control of tobacco production, China's production has remained in recent years ...

China heavy industry holding shareholder planning major issues to suspend business

China Heavy Industry (601989) March 17 night issued a notice that the company's controlling shareholder, China Shipbuilding Heavy Industry Group Corporation is planning the major issues related to the company, by the company's application, the company's shares since March 18 suspension. Responsible Editor: NF054

China's IPR protection system has been firmly protected abroad

International online news (reporter Changxin, Zhang Yifu, Jiangsu station Yang Shouhua, Zhenjiang Li Yongmei): Chinese President Hu Jintao, in an interview with U.S. media on the eve of his visit to the US, stressed that China will increase IPR protection. In the process of China's participation in international trade, the cause of China's IPR protection, which started very late but with strong exerting force, has been one of the concerns of the developed countries, including the United States, and the global chain enterprises. At present, in the legal system, the supervision means, the enterprise behavior, the populace consciousness and so on aspect, China has constructed the relatively solid intellectual property protection system, but along with the country trade to China increasingly ...

Changhai shares staged through the drama Mystery Company "through" capital increase

Jiangsu Changhai shares staged through the drama Mystery Company "through" increased capital Jiangsu Changhai Composite Material Co., Ltd. (hereinafter referred to as "Jiangsu Changhai") starting application will be in tomorrow (December 31) to accept the Gem Audit Committee, but its declaration materials show, in the sprint listing process,  The company's shareholder, Jiangsu Gao Jin, after a series of equity changes, the controlling shareholder changed from state-owned companies to private enterprises, while the new controlling shareholder, even when it was not established, "participated" in the Gao Jin of Jiangsu Province, staged a bizarre crossing of the drama. In Changzhou, glass fiber leading enterprises according to the letters ...

Illegal fund-raising or lack of money Changhai shares into Money door

On the eve of the meeting, "privately dividing" state-owned shares, suspected of evading Social Security Fund transfer, the original shareholder "capital increase" source of funds is questionable;  China Economic Times reporter also recently found that Changhai shares of actual control people spend a huge amount of money to increase capital at the same time to 158 of natural persons may be suspected of illegal fund-raising funds, the joint venture registered capital in place for six months and the performance of a large increase in the background, foreign shareholders will withdraw some of the equity, December 31, 2010, Jiangsu Changhai Composite Material Co., Ltd.  said that "Changhai shares" deeply into the "...

On behalf of the mother's mother-in-law on behalf of the shares repeatedly banned

PE (private equity investment) is weird, you have to admit. Not all, but there are always a few abnormal. Shanghai star Fir Venture Capital Co., Ltd. (hereinafter referred to as the investment) was reported after the disclosure of the Fengdong shares (002530) prospectus, then disappeared in the list of shareholders, so that the prospectus changes, six shareholders into five, Jiangsu Hi-tech Investment Group Co., Ltd. (hereinafter referred to as Jiangsu Hi-tech) play to its own venture, the state-owned nature of the change to private. This is not a story, but an abnormal event among hundreds of PE/VC in 2010 years; they do not follow the routines, but they receive pots full of overflow;

Huamei President Zhang Keqiang was checked or related to St Salt Lake Original Unit transfer

Yesterday, the "First financial daily" reporter from Guangdong deputies confirmed that January 13, Guangdong Huamei Education Group President Zhang Keqiang has been deposed NPC deputies.  Reporter another reliable way to understand, Zhang Keqiang two days ago has been the Yunnan Provincial Public Security Bureau investigation, the case involves "state-owned assets" loss and so on. According to the Yangcheng Evening News, January 13 11 o'clock in the morning, Guangdong deputies held a standing committee meeting to draw up a bill on the dismissal of Zhang Keqiang's NPC deputies. Originally, led by the Ministry of Public Security in Yunnan Province to find a case, Zhang Keqiang suspected ...

Agency points out commercial real estate development into Fast lane

Hubei Daily News The well-known real estate service organization Gao Wei Global 13th reported that since last year, China's domestic commercial real estate sales and investment has shown rapid growth trend, the 2011 domestic commercial real estate is expected to continue to be in the "fast track" on the Sustainable development.  The agency's statistics show that 2010 years ago 11 months, domestic commercial real estate investment rose 48.4%, many residential developers have entered the field of commercial property, in addition, in the first 11 months of last year, sales of office buildings and shops rose by 48.4% and 50.2% respectively. Director general of the China region of Gao Wei ...

Sinopec denies the two giants are pushing prices to lift the market

The "diesel shortage" that erupted in October last year, a time that swept across most of the country, has been replaced by a "slump in demand" – under pressure from the new sales mission, the two giants, PetroChina and Sinopec, have started to lower diesel prices this month to promote sales.  At present, the national wholesale price of diesel oil than the December 22 increase in oil prices fell more than 300 yuan/ton. January 17, industry veteran in the "Daily economic news" interview revealed that the two companies in Beijing, Tianjin, Henan Sales company last week to traders "yard" will push up the diesel batch ...

State-owned enterprises hit record highs last year

The main benefit index of state-owned enterprises in 2010 years was transferred from Guangzhou Daily according to the data of the Xinhua Ministry of Finance 17th, the state-owned and state-controlled enterprises in 2010, the main benefit index of a record high, operating income, to achieve profits and pay taxes three major indicators than the end of the "XV"  Among them, 2010 1 to December, the state-owned enterprises accumulated total operating income of 30,325,370,000,000 yuan, an increase of 31.1%, December than November quarter-on-quarter growth of 16.7%. The Ministry of Finance said that 2010, the state-owned economy continued to rebound in the end of 2009 to Good ...

Experts: Coal production and consumption patterns must change

To win and change the mode of coal economic development in the battle, we should focus on the construction of coal production mode and consumption mode which is consistent with the modern energy industry system, we should stick to the road of energy saving and emission reduction, environmental protection, clean, safe and efficient, sustainable development. The transformation of economic development mode is the major strategic deployment of the CPC Central Committee and the State Council under the new historical conditions.  With the recovery of the world economy and the coming of the international financial crisis, the transformation of China's coal economic development mode has been put on the agenda under the background of the overall transformation of the national economy. More than 30 years of reform and opening up, especially "Eleven-Five" ...

Last year's net profit of state-owned enterprises nearly 2 trillion

(Reporter Hu Hongwei) The Ministry of Finance yesterday released data shows that 2010 national state-owned enterprises to achieve a cumulative profit of 1,987,060,000,000 yuan, an increase of 37.9%, the main benefit indicators to a record high.  The state-owned enterprises included in the statistics include 82 state-owned and state-controlled enterprises belonging to the central departments and 124 central management enterprises and 36 provinces (autonomous regions, municipalities, separately listed cities) state-owned and state-controlled enterprises, excluding state-owned financial enterprises. Central management enterprise profit first Super trillion because of last year's base constantly up, this year, the state-owned enterprises profit growth has been declining trend ...

A summary of the five-year development of China's railway construction: head to the forefront of the world

BEIJING, January 18 (Xinhua) The railway system adheres to the scientific concept of development as the guide, based on the overall situation of economic and social development, with the main line of rapid expansion of transport capacity and rapid upgrading of technical equipment level, to promote the construction of harmonious railway in a comprehensive and Zi Zhongxi way. "Eleven-Five" period, faced with a series of severe challenges, such as freezing rain and snow, Wenchuan earthquake, Yushu earthquake, severe flood disaster, international financial crisis and so on, all levels of organization and cadres and staff are pioneering and enterprising, the key is difficult, successfully completed various tasks for economic and social Development made an important contribution to our railway ...

Last year's rapid growth in heavy industry power cuts was a daunting task

2010 China's electricity consumption growth 14.56% exceed the expected industrial power consumption accounted for 70% Xinhua News agency reported 17th, China's Electric Power Industry association released data showed that 2010 China's social power consumption year-on-year growth of 14.56%, increase by 8.12%.  Experts interviewed by reporters said that as the economic operation of the "vane", the continued growth of electricity consumption behind the steady and relatively rapid economic development trend. Annual growth rate of 14.56%: stable and rapid economic development of the Economic Research Institute of the Chinese Academy of Social Sciences, director of macroeconomic research Zhangxiao ...

Beijing's population is hit by the red Line and the new deal will be tested.

The influx of the young adults as the main body makes up for the shortage of the labor force in Beijing, but the sustained and rapid growth poses a sharp challenge directly to the limited resources and environmental carrying capacity of Beijing. We should take the floating population's housing management as a breakthrough, establish and perfect the floating population information collecting platform, and explore the management mechanism of "the House Keeper".  The service and management mode of the floating population should be changed from the existing preventive management to the comprehensive service direction, focusing on safeguarding their lawful rights and interests such as residence, employment, education and health. Experts pointed out that whether the "household control person" or "to house control person", are more direct than the end of the comparison ...

ICBC last year's bond underwriting amount was nearly 210 billion yuan

Yesterday, ICBC revealed that the bank in 2010, the main underwriting issued short-term financing coupons, medium-term bills and super short-term financing coupons, such as debt financing instruments reached 86, the main underwriting amount of nearly 210 billion yuan.  That means ICBC is the country's biggest bond underwriter for the fourth consecutive year. ICBC related officials said that since 2007, ICBC accumulated the main underwriting of various types of debt financing tools more than 770 billion yuan.  2010, the bank has underwriting the year's first single SME collection of bills, the first single financial leasing company financial debt and the first Tanchu short-term financing coupons. Because I ...

Small boats turn to midstream: transformation to promote the transformation of private enterprises

Author: Our correspondent Liu Shuyan since the 2008 global financial crisis, the external environment of China's private enterprises test is particularly severe.  The impact of RMB appreciation on export-oriented enterprises, the "labor shortage" in the coastal areas, the rising of raw material prices, the temptation of capital market and property, make many private enterprises ' development become full of variables. In China, the most closely related to the market is often private enterprises, they often grasp the opportunity, before the other types of enterprises to make strategic adjustments. In China's pursuit of economic transformation in the present, as a "small ship a good turn" of private enterprises, transformation will become the future hair ...

State-owned enterprises profit innovation High Repay society

Mense revenue, profits, pay taxes three major indicators than "XV" at the end of the two state-owned enterprises sing "three high aria."  Data released yesterday by the Ministry of Finance showed that the national and state-controlled enterprises in 2010, the main indicators of benefit of the country's record high, the total operating income, profits and taxes to pay the three indicators than the end of the "XV" double. Total operating income exceeding 30 trillion according to statistics, last year, the state-owned enterprises accumulated total operating income of 30,325,370,000,000 yuan, an increase of 31.1%, the state-owned enterprises accumulated profits of 1,987,060,000,000 yuan, with ...

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