Financial Crisis

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China's affluent households grow faster than others in luxury-goods consumption runner-up

Walking into Beijing Xinguang World, the fashionable men and women dressed in world-famous brands are very common: Gucci handbags, prada boots, chanel wallets ...  China's total consumption of luxury goods has risen to $9.4 billion trillion, with a global share of 27.5%, the top luxury consumer, according to the World Luxury Association's 2009-2010 global Annual report. While the world has not yet emerged from the financial crisis, China's luxury market has shown a staggering purchasing power, where is the attraction of luxury goods?  Who is buying luxury goods? What is the glamour of luxury brand? Miss Zhang in Beijing is at home ...

Cifa to see "Flowers open" in zoomlion overseas mergers and acquisitions "results"

On the evening of July 6, Zoomlion (000157).  SZ) issued a notice, the acquisition of the company of Italy cifa―― the world's third-ranked concrete machinery manufacturers of five Italian executives to the total price of 3.1 million euros in the merger of the new CIFA company, the funds have been fully accounted for at the end of June. "With the global financial crisis still raging, the company's executive team is willing to take out real gold and silver shares in the company, indicating their confidence in the business." In addition, they are in their own business and management of the company, more than anyone know the company's details and prospects. "Just from the Italian rice ...

New agricultural and medical services to increase speed: Next year's per capita funding level will reach 150 yuan

Sun Shubo in perfecting the medical security system and expanding domestic demand to cope with the financial crisis, the decision-making level has shown unprecedented determination and strength to perfect the new rural Cooperative Medical Service (hereinafter referred to as "the new agricultural Combination").  Yesterday, in the Ministry of Health's routine press conference, the Ministry of Health, deputy Director of rural health Management Niechunre said that 2010 China's new Rural finance level, from 2009 per capita 100 yuan each year to increase to 150 yuan. And the long-term existence in the new farming system in the reimbursement of the proportion and scope of issues, also yesterday, the Ministry of Health, Ministry of Civil Affairs, Ministry of Finance and other five ministries issued jointly ...

House prices can not be a sudden decline in the universe developers successfully "kidnapped" housing slaves

BEIJING, Guangzhou, February 4: House prices can not be a sharp drop in the universe of developers successfully "kidnapped" the house slaves reporter 陈建 3rd, a message from Guangzhou caused the national netizens generally concern.  Guangzhou Municipal Party committee secretary Xiaodan in the city's NPC meeting to participate in the discussion, said the house price can not be anxious to steep ups and downs. House prices can not be urgent, people know all.  But the original soaring to outrageous prices why can not be urgent, many people can not understand why the government for profiteering property developers to be backed up? The delicate relationship between the government and the property developers has long been a private vision. Taking Guangzhou as an example, the financial crisis ...

Davos after the crisis exit strategy

28th, financial big Hencolos in the Davos Winter Forum Conference Center unexpectedly a Butt sat on the steps. Some analysts have said that if 2009 is a year for countries to "bail out" the stimulus package, 2010 could be a year of "exit" of relevant policies.  The participants in Davos were hotly debated over how to retreat from the massive stimulus package. According to Xinhua news agency after the financial crisis, the U.S. government spent trillions of of billions of dollars to rescue the banking system, exacerbated the fiscal deficit, causing taxpayers discontent, become "exit" one of the most stressed countries ...

BRICS summit opens today

Coping with the financial crisis and reducing the reliance on the dollar "If the meeting is primarily economic and financial, the focus must be on coping with the current financial crisis, and taking into account some of the decisions taken by the Group of 20 and the group of 8, such as how to raise the voice of emerging countries in international affairs."  Brazilian Deputy foreign Minister Ribet said.  Lijian, vice president and Professor of finance at Fudan University's School of Economics, said the leaders of the four countries will ask the Governments of Europe and the United States and the world's relevant international organizations to strengthen the supervision of financial capital in Europe and the United States and the disclosure of risks. Indian political commentary ...

Liu to promote the establishment of BAI Enterprise Club

NPC Representative Liu, Chen Yilong in an interview. Our reporter Hu Sheper yesterday, Lenovo Holdings Limited president Liu, Hebei Iron and Steel Group Co., Ltd. chairman, general manager Wang Yifang and other 5 NPC deputies attended the "NPC representative in response to the impact of the international financial crisis" group interview, talk about employment, iron ore negotiations and other hot topics.  Liu said in an interview after the press conference, he and the panel members after discussion, we set up Bai Enterprise Club. The hot spot expands the employment employment to solve the not to be able to do nothing also Wen Jiabao in the government report middle finger ...

Li Yizhong: Industrial growth is expected to increase by 15% to 16% in the four quarter

BEIJING, November 2 (Xinhua) Li Yizhong, Minister of Industry and Information Technology, said November 2 that China's industrial economy had passed through the most difficult period, and that the steady and stable situation was gradually established.  The value of industrial growth above the fourth quarter is expected to reach 15%-16%. Li Yizhong made the above remarks at the "2009 China Internet Conference" held on November 2. He said that our government's comprehensive response to the financial crisis package and measures have achieved tangible results, from the industrial sector to see the overall acceleration of production growth, corporate profitability changes, industrial investment ...

The National Federation of Retailers has recently predicted

The national retailer's Federation recently predicted that some 97 million people would shop in "Black Friday" via the Internet or the physical stores, while shoppers were expected to reach 140 million from Thanksgiving to 4 days in Sunday. The Federation estimates that retail sales will rise 3.9% per cent to $602.1 billion a year from the holiday shopping season, from Thanksgiving to Christmas and New Year's Day.   This will be better than the growth rate of 3.5% per cent last year, but there is a big gap compared to the growth rate of 6%―7% before the international financial crisis. U.S. economic Advisory Agency "global Perspective" analyst Chris Christopher ...

Beijing 38% Non-public enterprises in the first quarter negative growth

City Federation of Industry and Commerce Initiative enterprises as far as possible not to lay off workers, not pay, wages (reporter Wang Yu) by the financial crisis, the first quarter of this year, 38.7% of the Non-public enterprises in Beijing negative growth.  Yesterday, the Beijing Federation of Industry and Commerce to the city's Non-public Enterprises issued an initiative: in response to the financial crisis in the critical period, as far as possible not to lay off staff, less layoffs, not pay wages, resolutely do not pay. Yesterday, the Beijing Federation of Commerce and Association held the "Capital of the economic stability of Employment mobilization Conference." The meeting revealed that the municipal committee of Front, the City Federation of Industry and Commerce recently launched a survey revealed that the financial crisis has spread to the capital Non-public Enterprises, the first quarter of this year ...

Qatar's Prime minister criticizes media for Dubai debt crisis

"According to the Xinhua news Agency," Doha, Qatar Prime Minister Hammad Ben Jasim recently criticized the news media for rendering and amplifying the debt crisis in the UAE's Dubai emirate. "It was an international media, followed by some Arab media, to render and magnify the Dubai debt crisis," Hamad said in a media interview.  "It is normal for companies to restructure their debt at a sensitive time when the world is experiencing a financial crisis," he said. Hamad said he was quick to get out of the crisis and revive the Dubai ...

World economy to negative 2.9% this year

Xinhua Seoul June 22, the World Bank of 22nd in Seoul published in the "Global Development Finance 2009" reported that, affected by the international financial crisis, this year the global economy will negative growth of 2.9%. The growth rate for developing economies this year is only 1.2% per cent, well below last year's 5.9% and 8.1% in 2007, the report said.  The report predicts that if China and India are not included, the economy of developing economies will fall by 1.6% this year, and unemployment and poverty will increase further. The report said that the world economy will gradually recover next year, 2010 world economy will rebound 2 ...

No shortage of migrant workers in Guangzhou after more than 90% migrant workers

The next one months, Guangzhou needs to supplement 150,000 people, has been normalized, there is no "migrant workers shortage" migrant workers back to the peak soon, the labor situation this year will be how? Yangcheng Evening News reporter 6th from the Guangzhou Human Resources Market Service center learned that the current Guangzhou employment has reverted to the international financial crisis before the normal track, employment is stable, the expected one months after the enterprise needs normal replenishment of 150,000 people, and last year flat.  The attractiveness of Guangzhou to foreign workers has also continued to grow, the early this year, the employment of migrant workers record up to 2.87 million people, a record high. Guangzhou Human Resources Market Service Center Director Baosheng ...

After the storm, golden in the financial industry to raise China's pay

After the global financial turmoil in 2009, the Chinese economy began to stabilize the rebound, the talent market is also a clear sign of recovery. Recently, the Zhaopin Compensation Data Research Center through 5,428 companies nationwide survey and statistics show that this year's corporate pay than the real growth rate of 8.2% last year, for nearly five-year low.  In the domestic income ranking of all industries, last year, the financial crisis hit by the larger financial industry returned to the top, an average annual salary of 246,000 yuan, real estate and High-tech industry ranked second and third. According to the city, Beijing, Shanghai, Guangzhou, Shenzhen City, four pay ...

Ten hot spots or the national two sessions of concern

The three meetings of the National People's Congress and the third session of the CPPCC will be opened in Beijing March 5 and March 3 respectively.  In the "post-international financial crisis" era of the critical period, a matter of national livelihood issues in China's "two sessions" before, of which ten hot spots are particularly concerned. The development pattern needs to change urgently.  In the complex situation, the official macro-adjustment focus quietly shifted to the theme of "Structural adjustment, inflation prevention" and accelerating the change of development mode. --the property market game remains to be seen. At the beginning of the new year, central and local governments have repeatedly tried to stabilize the property market. Restrain investment speculation 、...

Six rooms are no longer short of money, it's huangrugeshi.

Guide: March 17 night, suspended for several months song performing arts announced the reorganization plan, to 2.6 billion yuan to buy six rooms, the former is the first domestic line performance, and six rooms are online deduction of the first three, the pair together, the future will become a big entertainment. Regardless of the outcome, six rooms after all no longer lack of money, it can open the arm dry finished: 100% equity = 2.602 billion yuan. And in the past, six rooms almost because of lack of money to die, in the 2008 financial crisis, the founder Liu a creditor, no wages, not to melt money ... Remember the scene of the year, no ...

Hang tooth forward last year to achieve net profit 129 million year-on-year growth of 52%

Hang Teeth Forward (601177) Monday Evening disclosure of the annual report, the company 2010 to achieve net profit of 129 million yuan, an increase of 51.58%, to achieve earnings per share of 0.3984 yuan. Company refers to the reasons for the growth of the performance of the international financial crisis caused by the rapid economic situation gradually eased, in the national infrastructure investment to stimulate domestic demand in the policy environment, the transmission product market appears to be a recovery of growth.

China's Trade and investment promotion group to visit Russia to sign 3 billion U.S. dollars

June 16, in line with China's President Hu Jintao's state visit to Russia, to further show the world that China's action against trade protectionism and jointly deal with the financial crisis position, China Trade and investment promotion group to Russia and the Russian side reached a number of cooperation agreements, the contract amount of more than 3 billion U.S. dollars. The picture is the vice minister of commerce of China, Jiang (rear left third) and the Russian Ministry of Economic Development vice Minister Slepnev (rear right third) to attend the signing ceremony. Sino-New Society in the field of ice in the new Society, Moscow, June 16 (reporter Tin Bing) China's vice minister of Commerce Jiang led the Chinese trade and investment promotion ...

This year, the employment rate of 74% graduates in the beginning of a significant decline in staff capital

Rural College students: "The first generation of citizens" is embarrassed by the high house price. Today, "Social Blue Book 2010" published by the Sociological Research Institute of Cass and Social science literature publishing house. The Blue Book pointed out that 2009 China issued a series of major measures to protect growth, Pao Minsheng, stability, effectively resist and defuse the impact of the international financial crisis, the annual GDP growth will reach more than 8%, the economic structure further optimization; the income of urban and rural residents is steadily increasing, and the total consumer price is about 4% The town is new ...

Cheng: 20 provinces in the country are discussing the adjustment of the minimum wage by inflation rate

May 18 Afternoon News, the former deputy chairman of the NPC Standing Committee Cheng today in the financial crisis and economic recovery Ministerial seminar revealed that there are currently 20 provinces are discussing according to the price index to adjust the minimum wage standards. Cheng said that increasing the wages of ordinary people should be in the system construction to do the following: First, to let the masses of income and national economic growth synchronization. The second is to establish the system of raising wages with the increase of enterprise benefit. The third is to establish a system for adjusting wages based on price indices. He revealed that the provinces are now actively trying, 20 provinces are discussing inflation ...

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