Wu Dingfu: will continue to improve China's insurance market opening level

January 17 News, the Chairman of the CIRC, Wu Dingfu in Hong Kong today to participate in the "2011 Asian Financial Forum", said that the future will conscientiously implement the commitments to join the WTO, and constantly improve the quality and level of China's insurance market opening to the outside world. Wu Dingfu that China's insurance industry has become an important emerging insurance market in the world.  He predicts that in the coming period, China's insurance industry will emerge as a major feature of sound, development, openness and transformation. China's insurance industry opening time early, open the strength of the current except for foreign life insurance companies must take the form of joint ventures and foreign companies can not operate legal insurance business ...

OPEC chairman expects crude oil price to reach $100 per barrel

International online news: OPEC chairman, Iranian Oil minister Casami recently predicted that international crude oil prices will soon exceed 100 dollars per barrel. Given the current market conditions and the purchasing power of oil-producing countries, it is not unrealistic that oil prices reach $100 a barrel, Casami said. There is no need for OPEC to convene an emergency meeting to discuss price cuts.  He also said he would continue to focus on oil demand to ensure the safety of existing supplies. Most analysts also believe that oil prices will break the 100 dollar mark this year, but some believe the global economic slowdown this year ...

A major reversal of the presiding judge is exempt from the exorbitant tolls

"Toll-free tolls case" staged a major reversal of the trial judge was exempted from the proposal to withdraw the prosecution of those responsible for the accountability.  Zhengzhou, January 16 (Xinhua) Henan Provincial High People's Court and the Pingdingshan People's court 16th jointly convened a press conference (pictured), announcing the "Shijian fraud 3.68 million Yuan highway tolls sentenced to life imprisonment" in the case of 4 persons responsible for accountability. Henan Province Senior People's Court deputy Dean Tian Liwen said, Henan Province senior People's Court party group believes that the Pingdingshan Intermediate court in the trial when building Feng fraud case, the existence of a review of not fine, put ...

35 Interconnection 5.5 times times Premium acquisition of Central Asia Interconnection plate up nearly 9%

NetEase Finance January 17 35 Internet (300051) announced that the use of super raise funds to buy Central Asia interconnection 60% Equity, in order to extend the business to the wireless internet field.  The agreed transaction price is 59 million yuan to 124.7 million yuan "floating range", the final offer depends on the actual profitability of the underlying assets. Data show that the Central Asian Interconnection was established in 2006, the main products include Shangxin Tong, mobile business, business applications, with the Ministry of Commerce and China Mobile exclusive authorization. As at the end of 2010, the company net assets of 28.0156 million yuan, the whole year to achieve ...

Drugs are meant to pull up the price of medicine

Why is the same drug sold in 16 different sizes? Industry to expose the drug raise prices openly shady Yangcheng Evening News reporter Lu Zhilin intern Wen Yingwen with a common treatment of child diarrhea commonly used drugs, specifications are up to 16 kinds, and different specifications of the unit price, unexpectedly far away! Recently, some readers in Guangzhou city to buy the same medicine at different pharmacies encountered such a strange thing. The price of drugs has been widely criticized, but what is the problem? Why are there as many as 16 kinds of specifications for a common drug? Yangcheng Evening News reporter investigation found that the specification is just "camouflage", pull ...

Commercial real estate accelerates heating up alert ahead development

Commercial real estate accelerates as the risk of "advanced development" rises as the housing market swings and fluctuates, the long, dormant commercial property has warmed up sharply last year. Industry analysis, commercial real estate recovery power in addition to housing control led developers "turned" outside, but also with a number of urban services to the rapid development of the economy.  However, if the commercial real estate Yihongershang, too advanced development, will lead to oversupply, increased risk. Commercial real estate out of the shadows into the "fast track" statistics show that last January-November, the national residential sales area increased by 7.4%, but the same time office building and commercial ...

Shenyang machine tool huge subsidy to the results of the crazy rise in today's intraday plunge 7%

NetEase Finance January 17 Shenyang machine tool recently exploded in the first three quarters of last year completed 6.86 billion yuan operating income, operating profit is only a mere 66.3 million yuan, profit margin is less than 1%. And the first half of last year has been the local government two total of 137 million yuan subsidy, equivalent to the company in the period of main profit of more than twice times.  According to the financial requirements, this money is to be included in the non-operating income, and directly into the total profit. This directly led to Shenyang machine tool in the 2010-year performance of the explosion. However, the abrupt changes in financial data have not changed the status quo of corporate profitability, but also silk ...

Tens of 383,000 of millions of mainland Chinese billionaires

Yesterday, Forbes Chinese and CCB released the 2010 China Private Wealth White paper, which shows that the number of high net worth people in the mainland in 2010 (those with more than $10 million in private investment) is expected to reach 383,000.  Among them, Hebei has about 15,000 people.  Based on 1429 effective questionnaires and a large number of interviews, this study reveals the total and distribution of China's private wealth in the past three years, as well as the number and distribution of high net worth people. Tens of 383,000 of millions of mainland Chinese billionaires are expected to be in mainland China in 2010 ...

3 billion yuan set up investment company

China CRCC (601186) announced that the company intends to set up China Railway Construction Investment Co., Ltd., registered capital of 3 billion yuan, by the China Railway Construction Co., Ltd. as the sole contributor to cash injection, registered as Beijing Fuxing Road 40th, China Railway building.  China Iron Construction Investment Co., Ltd. Business scope: main investment and investment operations, including domestic and foreign railways, highways, urban rail transit, municipal, environmental protection and other infrastructure construction (Bt/bot), as well as mining, new materials, High-tech and other fields of investment and investment operations. In addition, the company will also give China railway construction ...

Acquisition of 20% stake in Dongda Design Institute

Medium-color shares (000758) notice, the company on December 27 with the first major shareholder of China Nonferrous Mining Group Co., Ltd. signed a property rights trading contract, to 47.4 million yuan to acquire its holdings of Northeastern University Design Institute 20% of the Equity. According to the company, Northeastern University Design Institute is a company engaged in scientific research and technical services, the state-owned equity Enterprises, founded on November 2, 1994, registered capital of 10 million yuan. Northeast University Technology Industry Group Co., Ltd. owns 31% of the equity, China Nonferrous Mining Group Co., Ltd. holds 20% of the shares, ranked ...

Beijing Transportation Committee detailed details of the purchase of car shake number 8th before the monthly application

The beginning of January 1 next year, the Beijing Motor Vehicle License Application website opened, 8th before the application for the first round.  Yesterday, Beijing Municipal Transportation Committee deputy director Mengchao, municipal Traffic Committee of the Legal department director Sun Hongjun guest to Beijing city management broadcast, for the first time explained the Beijing Motor Vehicle license plate to configure the rules. January 1 to open the network application in accordance with the "Beijing small passenger car quantity regulation" requirements, Beijing began to implement the small passenger car quantity regulation and quota management system, in order to ease the growth rate of motor vehicle ownership, next year, the number of vehicles to set the licensing capacity of 240,000. Individuals or organizations want to do ...

The peak of the heavenly Creations again fall: 5 institutions per low purchase 50 million yuan

Following the Monday institutions dominated the heyday of Heavenly creations (600335. SH) After the first fall, the hot money in yesterday dominated the second stop.  But this time, 5 institutions seats will be the opportunity to eat a large amount of 52.0325 million yuan, the peak of the total turnover yesterday 40%. SSE bulk trading data show that yesterday, the largest number of buyers of the 5 seats are institutional seats, and sold the largest number of 5 seats in only 1 seats, the seat yesterday, the total sale of 12.5423 million yuan, became yesterday the largest sales of seats, the first 5 seats yesterday total sold 2842.5 ...

Venus Chen plans major reorganization suspension

Venus Chen (002439) notice, the company is planning a major asset restructuring matters, the company's shares since the opening of December 29 suspension.  The company is committed to the opening of January 28, 2011 before the opening of major assets reorganization plans or reports, overdue failure to disclose major asset reorganization plans or reports, the company's shares will be opened on January 28, 2011 resumption of trading, and from the company's stock after the date of the three months no longer planning major assets reorganization matters. The company said that if the company stopped planning a major asset reorganization within the period of suspension, the company will promptly disclose the termination of the planning of major asset reorganization ...

Siwei: It is imperative to raise interest rates but not the time to see China

Every reporter Wan Min from Beijing National People's Congress former vice chairman Siwei on December 28, said that China's interest rate hike is imperative, but the timing of interest rates can not be seen in China alone. In his keynote speech, he talked about China's massive credit growth last year, which has played a big role in achieving the economic growth rate of 8 and tackling the financial crisis, has seen its side effects start this year, mainly by a massive increase in local debt, a partial bubble in the housing market, a partial bubble in financial assets, and inflation. But the renminbi's role in the international monetary system should be enhanced. Siwei is participating in the 2010 ...

Hop Kang Frequency Conversion: In hand order sufficient product structure is good

Description of the event we recently investigated the combination Kang frequency conversion, the main points are as follows: In hand orders sufficient, product structure is good;  Industry demand is still strong, price decline situation slowed;  Strengthen the development of EMC, the integration of dedicated machines, and actively develop new production mode;  Give the Company a "recommended" rating. We expect 2010-2012 EPS is 0.86, 1.49, 1.934 respectively, corresponding to the current share of PE is 58, 34, 26. We think we should pay attention to the market competition is too fierce lead to high frequency inverter products prices greatly ...

To cooperate in the development of Taibai Ecological Park

St Cantor (000048) December 29 announcement, the company and Dangtu County Taibai Modern Agricultural Development Co., Ltd. on the proposed cooperation in the development and construction of "Taibai Ecological Park" project related matters signed the "Letter of intent to cooperate." Data show, "Taibai Ecological Paradise" Project is by DANGTU Taibai Modern Agricultural Development Co., Ltd. application of investment projects, the project has been included in 861 key projects in Anhui Province, the Anhui provincial government to enjoy a series of preferential policies.  The project covers a total area of 1300 acres, the development of content for leisure, entertainment, conference and business. The company said, such as the above cooperation intention is real ...

Construction of multi-level housing security and supply system in various regions of China

In recent days, this newspaper in a version of the continuous publication to speed up the construction of affordable housing reports. From these reports we see that the realization of living in the habitat, the form should be varied.  Vigorously develop public rental, low-cost housing, such as affordable shelter, not only to adapt to the basic national conditions of many people, but also conducive to the formation of a reasonable housing consumption structure. In recent years, various regional departments have been working to build multi-level housing security and supply system, and actively explore the housing security measures for the foreign population. To Low-cost housing, affordable housing, public rental housing as the main form, "low-end protection, midrange support" of the shelter ...

Batian shares up to 700% in reply to the Wu long trading system hand mistake

Shortly after the announcement of the annual report's net profit of 700% to 750%, Batian Wu Yihui and Huang Linhua, the company's fourth-largest circulating shareholder, began selling shares. Wu Yihui to "Huaxia Times" reporter said: "The reduction is for personal reasons, does not mean that the company's future is not optimistic." "However, a private-equity person who declined to be named said:" As a company insider, executives must be more aware of the company's operating conditions, and the Batian shares in the two-tier market in the recent performance, this reduction is a sensible point of view. "2010 Good days Always low-key ...

Reporter Survey: Hefei security housing District luxury car

BCC Beijing January 16 News According to the voice of China's "news in the vertical and horizontal" reported in the Hefei Binhu district, there is one of Anhui's largest housing project-Lakeside Hui Garden District, the community has 6 housing, 1 low-cost housing, these two days, the community's "private car" has become a hot topic for local residents, Some members of the public have reflected: there are often more than 100 private cars in the community, among which there are individual luxury cars, people can not help but question: "Affordable housing where so many private cars?"  Anhui Taiwan journalists go into the community to visit. Reporter: Reporter came to the lakeside of Hefei ...

Crisis in the north: rising food prices both cost-driven and international market impact

China Economic network Beijing March 12 News today 14:30 in the MUI-Ya Center Multi-function Hall held a press conference.  Ministry of Agriculture, Deputy Minister of security in the meeting, said that in recent years, the World food market turmoil on our influence is mainly in the price conduction, so we are now some rise in food prices, food prices have increased the cost of the promotion, but also the international market price transmission. Dangerous Chaohan said to the grain farmers subsidies, this is our country's major policy, the implementation of these years should be said to have achieved significant results. Now our subsidy to farmers, in agriculture called "four subsidy", the first is the grain of direct supplement ...

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