Economic Recovery

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Dynasty wine industry fell 1.76% big China review buy HK $2.25

Dynasty wine industry (00828-HK) fell 1.76%, reported 1.687 Hong Kong dollars, a deal of HK $2.6598 million, the unit is currently running a large market, the index rose 1.53%. Dahua continued to maintain the buying rating of the unit and also raised its target price from HK $1.68 to HK $2.25. The bank said, still bullish dynasty wine industry, although in the first quarter of 09, wine production and profit fell 4.76% and 11% respectively, estimated dynasty wine 09 years before 5 months of sales fell more than 20%, below market expectations. But, added the economic recovery and potential acquisitions, ...

Housing construction Experts: property market Preferential policy or end of year

South Daily News Last October since the introduction of a series of property market preferential policies whether the next year is on time to terminate or continue, before the market has many speculations.  Recently, the first to have a residential building ministry experts, said the current economic recovery, the real estate market to the good, this series of preferential policies may expire at the end of the year. In the second half of 2008, the impact of the international financial crisis on China's macro-economy gradually emerged, before the property market has undergone adjustment for nearly a year. October 22, the Ministry of Finance issued a personal first purchase of 90 square meters and the following ordinary housing, the tax rate temporarily reduced to 1%;

OPEC targets 80 dollar oil price

New York oil prices for the first time in more than 63 U.S. dollars in Saudi Arabia oil and Mineral Resources Minister Naimi said that oil prices are expected to continue to rise, OPEC wants oil prices stable at 75 U.S. dollars to 80 U.S. dollars level.  Naimi warns that continued declines in investment in oil production will eventually lead to a sharp drop in output, which could break the all-time record of about $147 trillion in 2008 over the next three years. The Xinhua News agency reported that the New York market price for the first time in 6 months has been closed at more than $63 a barrel, boosted by investor optimism about the economic recovery. Oil loss ...

Kang: Next year fiscal policy focuses on public risks and holds pressure

On the morning of 12th, Kang, director of the Finance Science Institute of China's Ministry of Finance, said in a speech at the 2010 China Iron and Steel Market Meeting held in Shanghai that this year's government monetary and fiscal policy makes China's fiscal deficit and national debt scale expand, fiscal policy next year to pay attention to public risk, so that  Kang introduced that the government's package of economic stimulus program to the national economy from the previous low to high, from the start of the industrial chain upstream, to the current downstream gradually feel the economic recovery, as well as the gradual increase in income, the Government's investment on the effect of economic pull constantly appear. But he is with ...

Asia-Pacific stock markets hit a recent low yesterday

Securities Times reporter Wu Jiaming the outlook for the global economic recovery, coupled with the international oil price "lost", yesterday, the Asia-Pacific region stock market fell, a recent low, a great deal this year to save the "results" in the summer heat wave to eliminate the momentum. Japan's stock market nine Lian Yin Japan's political uncertainty, the stock market caused no small pressure. Japan's Cabinet Office has confirmed that Japanese Prime Minister Taro Aso, who failed in the Tokyo Metropolitan Council election, will convene an election on August 30 and that the Japanese Parliament will be dissolved this month, according to news reports. At present, the LDP in Japan is in place ...

International Monetary Fund to raise world economic expectations

The International Monetary Fund 26th released its latest World Economic outlook report, which said the global economic recovery exceeded expectations, the world economy 2010 and 2011 growth will reach 3.9% and 4.3% respectively, China's growth of 10% and 9.7%.  On the other hand, the International Monetary Fund reminds countries that the economic recovery is different and difficult, and should be treated cautiously and differently in the application of economic stimulus policy. The recovery is strong compared with the World Economic Outlook, released in October 2009, the International Monetary Fund's latest World Economic outlook report ...

International Labour Organization: Real wages will continue to decline this year

Xinhua Beijing, November 4, according to the United Nations web site reported that the International Labor organization November 3 issued a report said, affected by the global economic crisis, labor real wages in 2008 years, and despite the current emergence of some preliminary signs of economic recovery, the expected real wages will continue to fall further this year. The report notes that of the 53 countries that provided the data, the median wage growth rate fell from 4.3% in 2007 to 2008 years of 1.4% per cent. Of the 10 members of the group of 20, the median wage growth rate was reduced from 1% in 2007 to 2 per cent.

Income from non-tax revenue increased by nearly 20% in June

Compared with a 31.4% increase in non-tax revenue, revenue revenue in the tax income is still down 6% Xiangjian from the trough to the crest, revenue growth has completed a roller coaster-like transformation. According to data released last night by the Treasury, June's revenue growth has changed sharply, up 19.6% from a year earlier.  Only six months ago, revenue was still in a difficult period of double-digit declines. The relevant department of the Ministry of Finance analysis said that the recent two-month revenue growth has gradually rebounded, mainly due to economic recovery, non-tax revenue into rapid growth, strengthen management, fuel tax ...

The economy is in a key period of stabilization

The current overall situation is stable to a good economic recovery foundation is not strong enough to continue the implementation of active fiscal policy and moderately loose monetary policy to strengthen the research of reserve policy in less than half a month, the first half of 2009 will be over, the current China's economic situation should be judged, And whether the second half of the economic policy will change, is the focus of attention. In this respect, the State Council executive meeting held yesterday stressed that China's economic operation is in a key period of stable recovery, to unswervingly continue to implement a positive fiscal policy and moderately loose monetary policy ...

Experts from the Academy of Social Sciences: 09 Employment is far better than expected

Last year, new employment 11.02 million people economic recovery warm "employment of winter" in the past year, in the face of millions of migrant workers in the irregular return and a large number of college graduates signing, Shandong Province has issued preferential policies to reduce the burden of employment, increase farmers training and insurance employment, to guide college students passionate Entrepreneurship, The 6th consecutive year to achieve urban new employment, new rural labor transfer employment "double million." Xinhua News agency reporter Zhu Yu at the end of 2009, the Chinese Academy of Social Sciences released the 2010 Society Blue Book said that China's employment situation in 2009 is particularly ...

International Monetary Fund: Hong Kong economy is gradually recovering

Hong Kong, December 3 (Xinhua) The International Monetary Fund (IMF) announced on 3rd that the Hong Kong economy is recovering steadily, and that the unemployment rate is expected to drop in the coming months, with inflation close to 0 next year, and to support Hong Kong's linked exchange rate system.  The International Monetary Fund (IMF) acknowledges the measures taken by the HKSAR Government to promote economic recovery and endorses the increase in the cap on deposit protection, and commends Hong Kong for taking steps to co-ordinate the withdrawal of the hundred-percent deposit guarantee arrangement with Singapore and Malaysia. As the pace of recovery is faster than expected, asset prices are rising and financial markets are improving, the IMF expects ...

Hong Kong out of financial tsunami gloomy economy, citizens regain confidence in buying property

Hong Kong's economy is recovering and consumer confidence has increased, regaining confidence in buying property. (Photo: Hongkong Wen Wei Po) Beijing, January 6, according to the Hong Kong "Wen Wei Po" reported that Hong Kong out of the financial tsunami haze, economic recovery under the public consumption confidence.  According to a survey conducted by the Research Centre, the consumer confidence index reached 127.1 in the 4th quarter of last year, up nearly 12 points from the previous quarter, and the confidence index for home ownership in the next 3 months rose to 139.9, a sharp increase of 22 points in the preceding quarter. Last year, a series of expensive luxury transactions, the wisdom of the research center that the government has introduced a number of measures to stabilize the property market, coupled with a better economy, ...

3,000 o ' worries, no foresight.

IPO restart after the Shanghai and Shenzhen market shocks intensified, but the markets still maintain upward trend and on 1st stood 3,000 points.  In this regard, many funds generally believe that the market has worries but no foresight. Signs of recovery strengthened in the first half, the A-share market witnessed and partly reflected the fact and expectation that China's economy was the first to bottom and a strong recovery. There have been some fluctuations in China's economic recovery in April, but the recovery in May has been strong again, industrial production has rebounded to its highest level since September 2008 and is expected to show a more visible recovery in June. There are funds that say they get ...

U S president of Chicago Fed to visit China to avoid currency policy or change

Charles Evans, president and chief executive of the Federal Reserve Bank of Chicago, yesterday avoided the renminbi's exchange rate in Beijing on the grounds that the Fed should not be involved in the exchange rate issue at the policy level.  But at the same time he expressed concern that the U.S. economic recovery has yet to find a suitable engine, so the United States should maintain the existing moderate monetary policy.  The US economy grew at an annualised rate of 5.9% per cent in the four quarter last year, giving strong support to the global economic recovery, but numerous analyses suggest that the current recovery is almost entirely dominated by inventory investment. The U.S. domestic inventory cycle is around two ...

Hong Kong works show Wang Ding Wang businessmen praise mainland visitors spend the most heroic

Xinhua Beijing, January 5, according to Hong Kong, "Wen Wei Po" reported that a 24-day Hong Kong Workers exhibition 4th successfully concluded, by the economic recovery led, the current exhibition is both more and prosperous.  The organizers revealed that the rollover attracted 2.29 million visitors, compared with 130,000 last year, and the turnover amounted to 330 million yuan, an increase of 22% over last year. Because of good business, the stalls 4th did not reduce the price of goods, but also without prejudice to the public consumption desire, there are seafood shop business volume broke 2 million yuan, 4th Hao send thousands of abalone thank customers. Also has the merchant said, before closing still continues to replenish goods, the business does not stop. Organizer of China ...

Pearl River Delta Enterprise raises still difficult to solve labor shortage

Economic recovery enterprise orders increase low labor competition to postpone industry upgrade-morning news reporter Jiangpeng Guangdong Dongguan report is nine, tens of thousands of South workers will be Guangzhou railway station export congestion into a dense mass. The thin Wang carrying a suitcase dragged his wife Ma Yuxiu hard to squeeze the station square, just put down the backpack to take a breath, several recruiters will flank.  Wang is wary until he sees the recruitment information and relaxes a little. Red Paper black Word, from Guangzhou, Foshan, Dongguan and other land recruitment information readily available, dressed in black suits recruitment staff took turns forward, ...

IMF President: Global economy recovers in first half of next year

The specific situation depends on the effectiveness of national stimulus plan according to the Xinhua news agency Cote Divoire, the International Monetary Fund's chief executive, Dominique Strauss-Kahn, 27th, said that despite some signs of recovery in the world economy, the International Monetary Fund still believes the global economy will not recover until the first half of 2010.  Mr. Strauss-Kahn said in a media interview in Cote Divoire Economic capital Abidjan that even now some countries and regions may have signs of economic recovery, but the high unemployment rate in some countries is still "very worrying", he himself does not think the global economic recovery will come early. Kahn Table ...

Second half of a shares first yang after suppression

Based on the trend of China's steady economic recovery has been established, and liquidity is also expected to maintain the situation is likely to be maintained judgment, the state securities on the second half of the trend of a shares cautious optimistic view.  Capital Securities are expected, the second half of the year a-share market may appear before the trend of suppression, should be around the economic recovery and inflation expectations of the industry allocation, the proposed focus on financial real estate, energy resources, energy-saving innovation and consumption of the four major industrial issues of investment opportunities. Capital securities that the second half of the domestic credit easing policy is expected to continue, and investment will remain strong, especially the real estate recovery pattern has been established, economic steady ...

Chinese economy fully recovers next year: Cass

Liu Yu-Young Sino-New Society, Beijing, June 20 (Xinhua) China's economic recovery is still a matter of opinion after the Chinese statistics department released its May economic data in early June, and the Chinese Academy of Social Sciences said the economy would recover fully next year and enter a new round of economic cycle. Shucheng, director of the Institute of Economic Research at the Chinese Academy of Social Sciences, said at the China economic growth and cycle forum that from the perspective of coping with the financial crisis, from July 2008 to the first quarter of this year, it was a period of rapid decline. The second phase of the stabilisation of the recovery stage, this phase from the two quarter of this year, continued to the end of this year, the current ...

Experts say 1.16 trillion of credit is flowing into the stock market

Prev Breakthrough 3,000 point is the economic recovery or financial bubble although China's real economy is still suffering from the impact of the international financial crisis, but since the first half of this year, as the Shanghai and Shenzhen stock market climbed, the Shanghai Composite Index has risen more than 60%, creating the second half of 1992, the largest six months of gains  Shareholders are beginning to believe that "the time for the solution is coming". Especially in last week, a shares once again exerting force, the market in a week to 3,000 points "three knocks" not fruit, finally in June 30 successful breakthrough. For a time, 3,000 points, this in the hearts of investors "psychological defense" ...

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