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Volume: A new game of wealth

Today's China, in some respects similar to that of 150 years ago, may be word by Mark Twain's words--history will not repeat itself, but always strikingly similar. In the 30 years since China's reform and opening-up, the private economy has developed rapidly, and China has produced a large number of rich people.  According to the statistics of Hurun, there are about 960,000 millionaires in the country in 2010, 1 billion rich and 4000 people, and tens of 200 people. The U.S. economy at the end of 19th century and early 20th century is also a high-speed growth, and achieved a number of influential ...

US Treasury Secretary Timothy Geithner: China, us to build new bilateral relationship

U.S. Treasury Secretary Timothy, who is visiting Beijing, said in an interview May 31 that the United States wants to strengthen economic ties with China, which is one of his main goals for the visit. This is Geithner's first visit to China as finance minister.  In an interview with Chinese leaders before the meeting, Geithner said President Obama's U.S. government wants to forge a new bilateral relationship with China. "We look forward to a relationship with China as if we had a relationship with the group of seven over the past few decades," Geithner told fellow reporters. Seven countries ...

Commodity market "red May" difficult to find a rise "theme song"

Given that the global macroeconomic situation has not yet been realistically improved, it is expected that commodity markets will continue to experience fiery fire again after May. May, the commodity market in the leading varieties-crude oil futures soared nearly 30% led to launch a new round of punch.  China Securities News reporter Statistics, the month of LUN Copper Rose 9.65%, Chicago soybeans Rose 14.29%, the measure of commodity trend of the CRB index rose to 11.95%, while the dollar index fell sharply 6.59%.  The dollar's sharp downward May dollar exchange rate has provided strong support for the rally. With the economy ...

Experts say China's stock market is on the low side 3 years after the market may be inflation

The "Jiangsu Economic and Enterprise Development Summit Forum", held by the Provincial Development and Reform Commission and the South Normal University School of Business, said yesterday in Nanjing, Professor Wei, executive deputy director of Tsinghua University's China Economic Research Center, at the forum that China's economy would be out of this round of adjustment cycles by the first half of 2011 The key to dealing with this crisis is to start investment and stimulate consumption, and the state will introduce policies to increase residents ' incomes.  He also believes that the current domestic stock market still has room to rise, the property price is somewhat high. Three years later, there may be inflation in China. Professor Wei is a central decision-making expert.

The resurgence of international hot money is leading to the stock market

In the last three months, Hong Kong's Hang Seng index rose from its low 11,344 point to its highest 19,161 point, up 68%. Although the inflation of the index has the factor of economic recovery, the real driving force behind it is the ample liquidity that international hot money brings to the Hong Kong market. Meanwhile, China's foreign exchange reserves were unexplained in March this year: foreign-exchange reserves rose by as much as $14.7 billion trillion. Does this mean that the international hot money leaving the mainland market in the second half of last year has returned to the mainland market?  In this connection, the securities Times reporter recently interviewed a number of experts. Capital flow reversal point to ...

The 7 core executives of Goldwind are 600 million companies a week.

Every reporter Hu Yuhui if this month which listed company executives sell tickets The most crazy, the answer is certainly not goldwind (002202, closing price of 30.11 Yuan) mo. This month 1st to 5th, the Goldwind chairman, president and other 7 senior executives, such as the intensive reduction of the shares held by the company, the total sold 18.1391 million shares, in terms of the average price, the total amount of cash to 606 million yuan.  One of the chairman of Wisco and President Guo, respectively, is about 142 million yuan, 105 million yuan. Company response: Reduction is a personal behavior now the industry is for the "Low-carbon economy," the flag for ...

China's Environmental Competitiveness Report publishes comprehensive competitiveness Shandong tops

"China Environmental Competitiveness Development Report" published in 31 provinces and cities nationwide "environmental protection capability"--Comprehensive Environmental competitiveness Beijing ranked fifth Chinese Academy of Social Science Literature Press the latest published "China Environmental Competitiveness Development Report" (hereinafter referred to as the report), the report on the country's 31 provinces and cities Comprehensive Environmental competitiveness rankings,  Comparison and analysis.  The report pointed out that Beijing's environmental competitiveness in the country in the dominant position, in 31 provinces and municipalities, the comprehensive ranking of the fifth place. In addition to the comprehensive rankings, the report also includes a number of sub rankings, of which the two-level sub-item includes the ecological environment 、...

Authorities say GDP growth has picked up markedly in the two quarter and is expected to reach 8%

Dawei drawing According to authorities recently revealed that the two quarter GDP growth has risen markedly, about 8%. Given the first quarter GDP growth of 6.1%, the average GDP growth rate of the first half can reach 7%. The person said that from the current situation, this year to achieve "eight" the possibility of greater.   In addition, real estate investment grew by 16% in June, up 5.6% from last month. It is understood that a number of ministries, including the central Bank of the research institutions, are in the chain of GDP research and analysis. Industry insiders believe that the elimination of seasonal factors in the chain, more clearly explain ...

900 dollar brace for weaker gold demand

Beijing medium-term Wu Yunji recent gold market has been a high decline in the trend, the gold price from June 3 nearly 990 U.S. dollars/ounces down to 910 U.S. dollars/ounces, the main factors affecting the gold price decline in the stability of the dollar and the late inflation expectations of the weakening. The current economic situation is not optimistic America's latest report on Non-farm payrolls for June was disappointing. The United States June non-farm employment reduction of 467,000 people, significantly lower than the expected reduction of 363,000 people, the United States June unemployment rate of 9.5%, expected 9.6%. , the highest level since August 1983. The data show that beauty ...

Speeding up the construction of international tourist island Hainan general budget expenditure growth this year

Xinhua Haikou, January 23 Hainan Province will continue to implement an active fiscal policy, to promote the development of international Tourism Island, the general budget expenditure increased by 19.4% this year, focusing on supporting industrial restructuring, efforts to protect the people's livelihood, and strengthen the fiscal scientific, meticulous management, improve the efficiency of the use of funds,  Promote the steady and rapid development of Hainan's economy and society. Reporters from the Hainan Province Financial Work Conference, the 2010 Hainan Province Fiscal revenue and expenditure arrangements for: Local general budget income to achieve 20.32 billion yuan, an increase of 14%, the provincial general budget expenditure 501 ....

BEIJING, Shanghai, Tianjin and Chongqing are the most potential cities in the future, Cass report

BEIJING, Shanghai, Tianjin and Chongqing are the most potential first-tier cities in China in the next decade, according to a report by the Academy of Social Sciences on the most promising cities in the next ten years, the news of the morning of April 26. According to the pattern of the national urban development in the past five years, and the leading forces and trends of the global and China's development, the research group of the Academy of Social Sciences compared the urban and external environment, and considered the provincial factors according to the urban scale in 294 cities, and selected 24 cities for in-depth case study.  The most promising cities in China in the next ten years are selected. (a) first-tier city Beijing: Today ...

Easy monetary policy will not waver fine-tuning is only suggested

Despite the existence of inflationary expectations, there is no realistic inflationary pressure, and the adjustment of monetary policy is bound to affect the further development of the whole macro-economy. In an interview with the Securities Daily yesterday, the financial regulator said he had heard nothing about the possible fine-tuning of monetary policy.  Although the market has increased inflation expectations for the second half of the year, the fundamentals of economic recovery are not yet strong; Yesterday, media reported that some experts and scholars to the high-level proposal "should be kept monetary policy overall wide ...

Zhou Xiaochuan: It is necessary to issue local debt

Reporter: Fang Ye intern: Fan July 4, in the "China regional financial eco-environmental assessment" Results of the conference, Zhou said that the current need to issue local government debt and municipal debt. Zhou Xiaochuan said that there were many local governments ' administrative intervention in the economy in the middle of the 90. After the 1998 Asian financial crisis, the central government began to demand a reduction in local intervention. At present, China is in the stage of speeding up the development of urbanization, the development of urbanization needs a reasonable mechanism, but the current financial system is not enough to meet. In the current situation of local government finance is not very well-off ...

Hong Kong economy gradually improves boss increases wages and benefits Rob talent

Xinhua Beijing, January 5, according to the Hong Kong "Wen Wei Po" reported that Hong Kong's economy gradually improved, quiet temporary labor market also came the good news.  In order to attract college students to enter and retain talents, the security industry and the catering industry Qi Qi "to rob Talent."  A security company said the salaries of its security guards rose nearly 10% from last year, when the senior lobby manager's monthly salary rose to 11500 yuan, and the chain catering group was not outdone to increase staff benefits, including the provision of 300 to 800 dollars in cross-boundary traffic allowance and overtime allowance to attract young "new blood" entry. The Labour Department has been working for 2 days since 4th ...

A proposal behind the scenes to decrypt the story

Securities times the two groups of the report group JIU submitted this year's National Consultative Conference on the Promotion of China's economic and social Low-carbon development proposal is how to emerge from a huge number of proposals to become a "proposal"? What are the stories behind this year's proposal?  Securities times the two groups of the group yesterday in-depth JIU central to understand the "one proposal" in the brewing process of many mysteries. "Three years of continuous attention, a number of field research, and the effective communication between the relevant ministries, is the basis for us to form this proposal." "The halo of a proposal may lead to a JIU," said a person familiar with the matter.

China's foreign trade will reverse or push up imported inflation

In recent years, China's trade surplus deficit with the map/Oriental IC six years first "deficit season" mixed with the first quarter of the trade deficit of 1.02 billion U.S. dollars, China's foreign trade from shun to reverse, conducive to global trade balance, but may push up the importation of inflation reporter Xu Jing report: "Anyone expected it will come, but did not expect so soon ——— China Customs 10th on the first quarter of this year China's trade deficit of 1.02 billion U.S. dollars of data issued caused concern at home and abroad. Long-term foreign demand-driven China's trade has been running to achieve balance? In the complex domestic and foreign economic situation, this deficit is to transmit positive signal or value ...

Stephen Roach: Raising interest rates does not solve inflation

China Economic Network Beijing March 21 (reporter Liangmeng Night) The Yale University professor, Morgan Stanley (Asia) non-executive Chairman Roach at the 2011 China Development Forum, said the government by raising interest rates, it is impossible to solve inflation. Roach believes that to curb inflation, the economic structure must be adjusted, "This is a difficult task, China is now working to complete this task, if you want to curb inflation, it can not keep growing wages, facing a dilemma." The following is a transcript of the speech: very sense ...

Property market regulation appears haven commercial real estate began to be favored

Mr Pan Shiyi, chairman of Yang Soho China (00410.HK) Co., Ltd. believes the regulation will not affect commercial property for the time being. He told our correspondent at the first tenant check-in ceremony of three Li Tun Soho that the new regulation policy of the State Council is only aimed at the residential market, and the commercial and office market will not be affected. "Over the past few years, the commercial and office markets have been affected by policies that have been less affected by government incentives and support and are not subject to policy constraints and repression." The commercial and office market has been developing in tandem with China's economy in recent years. ”  ...

Second suite policy tightening part of the local down payment will be higher than 50%

9.59 trillion credit or 479.5 billion into the stock market January 15, the Bank of China Supervisory Committee held its 2010 working session, during which the CBRC summed up 2009 years of work experience and focused on the deployment of 2010 years of work arrangements. A person briefed by the CBRC told Huaxia Times that during the working meeting, the CBRC demanded tighter supervision over fixed assets, local government financing platforms and the real estate industry.  And the CBRC requires strict implementation of the second and above mortgage policy, and the two-suite down payment differential management, interest rate by risk pricing. ...

Two loose policies leave part of the hangover: CPI upside down asset prices

Last year, with the support of the "double easing" policy, our country successfully completed the goal of keeping growth. However, after the success of "Bao-eight", China's economy will still face a lot of difficulties, the year-end CPI rebound, export rapid increase in the surplus, as well as in January this year, new loans in just two weeks have exceeded 1.1 trillion yuan, these phenomena seem to be ringing the alarm of inflation.  The rapid rise in the reserve requirement ratio and the three-month central bank note issuance rate, which rose nearly 4 points after a week of stagnation, also appeared to be releasing signals of a policy shift. Asset prices are soaring to keep the economy growing steadily, at 20 ...

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