Financial Crisis

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Lu Wei: Next year, urban employment supply and demand gap close to 10 million people

People's Daily Beijing, December 25 (reporter Changgong Haiyan) "The gap between urban employment supply and demand is very big next year, the supply of labor is greater than the demand of nearly 10 million people." Employment policy should be combined with short-term and long-term, perfect governance system and make system policy. Today, the 12th meeting of the NPC Standing Committee considered the report of the State Council on promoting employment and reemployment.  Lu Wei said. Lu Wei said that employment should be said to be a major issue related to people's livelihood, but also "to protect the livelihood, stability," the big topic, in the midst of the world financial crisis, ...

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 、...

Distorted CPI

Guoju the year-on-year increase in CPI has long been seen as an important basis for judging the severity of inflation, but this year it is less sensible to judge inflation by this measure alone. As the financial crisis led to a sustained negative CPI growth last year, the tail-end factor contributed significantly to the CPI rise this year.  Since the beginning of the year CPI continued to rise mainly by the impact of the tail factor, the new price factors contribute to the fact is not big. According to the Bank of Communications Finance Research Center, the 2010 CPI warping Factor presents the "Inverted U" shape trend, 6 July rose to the year high, reaching 2 ...

Chicago's retail industry has seen its biggest drop in 25 years

Chicago, March 19 (Xinhua) Melaniphy & Associates Inc., a local research institute in Chicago, reported that the city's retail industry has experienced its biggest annual decline since 1985, and there is no sign of recovery so far. In 2009, Chicago's retail sales were 92.9 billion dollars, down 8.7% year-on-year, compared with 4.8% in 2008. The report showed that retail sales in downtown Chicago were 20.6 billion dollars, down 7.1%. The report shows that the financial crisis has made Chicago's retail industry ...

G8 Summit seeks economic recovery

Zhenhua when does the world economy embark on the road to recovery? How to promote the world economy to recover as soon as possible? Can the economic recovery begin smoothly and sustainably?  These major issues will be important topics to be discussed at the Group of Eight Summit to be held in Aquila, Italy. This year's summit was held against the backdrop of the most serious economic crisis in the West, which was the result of the international financial crisis in the late 30. The major western economies have plunged into recession since the summit of Japan's Dongting Lake last July, while the US was "the first" to enter recession by the end of the year. From the current global economic situation to analyze, although the peak ...

E-business will solve millions of jobs

In the past few years, real estate and the heat of the stock market, let the whole people into crazy state. Whether it's a street man or a billionaire, buying a house and speculating in stocks is the first choice for investment. However, the financial crisis, the housing market and the stock market bubble immediately dashed, many people firmly set to death.  Some people lose their shirts overnight, and some people change from the richest man to the first one overnight. Imagine why the housing and stock markets are so hot? The only reason is that China's investment and entrepreneurial environment is bad. For example, to invest in 1 million companies, it may be 10 years and eight years before they can recoup their investment. and into the stock market and the housing market? Not to ...

Regal Luo Chaohui Sudden death romantic life with Carina Lau and other affair

Regal Luo Chaohui (map) (1/21) Zhang Hong Kong several generations of her own confused love history Gillian eight male friends take turns according to Hong Kong media reports, there are "child prodigy" said Hong Kong businessman Luo Chaohui 24th afternoon in Dongguan sudden death, at the age of 47 years. Luo Chaohui was once a legendary figure in Hong Kong, in the 90 's in Hong Kong to get rich in property, sitting 2 billion worth of money, after the financial crisis in bankruptcy, in a yacht burning charcoal, the last miracle rescued.  The day he was found dead in Dongguan changping a lawyer building, police suspected that it is due to sudden cardiac death, the specific cause of death to wait for autopsy. The message says ...

The Ministry of Commerce says FDI is difficult to recover from short-term growth

Greater uncertainty in internal and external environment; Further decentralization of approval authority (reporter Hu Hongwei) The international financial crisis has led to a 7-month negative growth in foreign direct investment (FDI).  The Commerce Ministry said yesterday it would be difficult to achieve recovery growth in the short term. In the first quarter, FDI fell by a narrow monthly narrowing. In April, FDI fell back to 22.5%.  The Ministry of Commerce said that the internal and external environment of greater uncertainty is the main reason for the difficult recovery growth. According to the latest United Nations UNCTAD data, the global FDI flows in 2008 of 1.66 trillion U.S. dollars, than ...

Wang: Huijin supports three major lines to reduce the proportion of dividends

Nie Wei Yesterday, the CPPCC member, China Investment Co., Ltd. (hereinafter referred to as "CIC") Deputy general Manager and chief risk officer Wang said that from the point of view of central Huijin, supporting banks to reduce the proportion of dividends, so that they have more funds to meet the needs of development. "Banks are still the main conduit for China's capital allocation. In response to the financial crisis, the bank loan growth rate faster, in this case, bank capital needs to be continuously supplemented. Wang said that as Huijin, on the one hand, the bank will still be able to provide a reasonable return, on the other hand, bank capital to meet their own holding ...

Zijin Investment in Nanjing Bank "unclear" whether to increase shareholding

-This reporter Dong "Cheng tou change King flag", with this phrase to describe the current listed banks a wave of equity change is more appropriate. Just this week, China's peace finally announced a high-profile takeover of Shenzhen Development Bank, while the major shareholders of Nanjing Bank also told the owners.  Nanjing Zijin Investment Holding Co., Ltd. will take the top spot of the bank through all the shares of Nanjing Bank held by the Nanjing state Asset Management Holding (group) Limited liability company. "The banks that have been battling the financial crisis for half a year have chosen to move collectively at this time, which reflects ...

Previous November urban employment in excess of the adult task of the Jade

The first 11 months of the country's urban new employment 10.13 million people, corporate job losses to stop the downward trend newspaper Beijing, December 24 (reporter Zhang Weijie Yanglianyuan) commissioned by the State Council, human Resources and Social Security Minister Yin this afternoon to the NPC Standing Committee report to promote employment and re-employment work.  It is understood that this January-November, the National urban new employment 10.13 million people, monthly 920,000 people, has exceeded the goal of 9 million adult jade target task, basically restored to normal level. Yin said that this year, China's response to the international financial crisis package special ...

Li Ka-shing: Inflation has come and the global economy still faces challenges

BCC, Beijing, March 30 (Reuters)-Li Ka-shing (column) said yesterday (29th) that inflation had already come, and that the European debt problem, the political situation in the Middle East and the impact of Japan's severe disaster, the global economy still faced a lot of challenges.  Inflation is not yet the most serious period, and he believes inflation will continue. In addition, Li Ka-shing also said that since the 2008 financial crisis, the United States to further implement monetary easing policy, although accelerated economic recovery opportunities, but also pushed up the risk of inflation. He predicts that the United States will not be in the coming year ...

US fiscal deficit breaks 1 trillion dollars for the first time

Economic recession taxes fall Iraq's war spending was huge. Xinhua news agency said this morning that the U.S. federal budget deficit was first more than $1 trillion trillion in the top 9 months of the 2008~2009 fiscal year ending June 30, according to data released by the U.S. Treasury Department on 13th.  The Treasury said the federal government spent more than 94.3 billion dollars in June, bringing the current deficit to $1.086 trillion trillion, more than 3 times times the same period in the previous fiscal year. The reason for the increase in the fiscal deficit is that the US government has launched a massive stimulus package to deal with the financial crisis and the economic downturn ...

Front page of People's Daily: macroeconomic policies must stabilize during critical periods

unswervingly implement the positive fiscal policy and the moderately loose monetary policy critical period, macro-policy must be stable--to consolidate and develop a good economic situation review at present, the national economic situation is stable, positive factors and favorable conditions increase, central response to the international financial crisis package effect is emerging. But the economy's good momentum does not mean that the hard times are over. How will macroeconomic policy maintain continuity and stability in the crucial period of a stabilisation rally? How to view the new situation and new problems of economic operation? How to strengthen and improve macro-control? People's Daily ...

Risk assessment of Internet credit

Risk assessment of Internet credit Vernon Peking University, Vernon, academician of the Chinese Academy of Sciences of Princeton University, vice chairman of China's large data committee, is the "Internet Financial risk prediction", from the financial point of view, the two things are the most important, the first is efficiency, money can not be wasted, do not pressure in the house cabinets, People who need money can use it, which is the main goal of finance, which can improve the efficiency of financial operation. Second, as important as this is risk, the financial system brings the whole economy risk, such as the 2008 world financial crisis is very classic ...

South Korea's new games are not enough to develop or follow Japanese TV games

Today (23rd), the Korean Game-level Committee released a message that the agency in the first half of 10, the rating of the game only 553, and 2007 of the year's data for 2037, the financial crisis affected by the 2008 1138, 2009 to 1621. Korean media pointed out that the main reason for the above problems lies in the South Korean game development is becoming more and more interested in large-scale, and new tourism development is seriously inadequate.  In addition, Korean players only focus on high-quality art and mega-scale games, resulting in small game operators can not survive. South Korean industry insiders said: "Japan as a ...

Bank of Communications extreme 18th financial crisis intensified investors to the headquarters of the rights

June 7 (reporter Hou Sheng) Bank of communications "supreme 18th" financial products turmoil intensified: Yesterday afternoon, more than 20 investors from Beijing, Shanghai, Nanjing and Hangzhou to Shanghai to the headquarters of the bank to beg for investment capital and interest, the scene was once full of gunpowder, investors in the intersection outside the "Bank of financial fraud," a huge loss , trickery "sign, and had a physical clash with the police at the scene to maintain order. Scene pictures (Photo source: China Internet Finance) Bank of Communications head of the Gold department immediately came forward to negotiate with investors in the field for 10 hours ...

Closure of the 30th session of the GCC summit

Xinhua Kuwait, December 15 (Xinhua Wangbo Xiu Xudong) The 30th session of the Gulf Arab States Cooperation Committee (GCC) Summit 15th in the Kuwaiti capital Kuwait City closed.  The meeting issued a statement in support of Saudi Arabia's efforts to safeguard national security and Member States to respond to the global financial crisis. The statement said that in safeguarding national security and combating armed intruders, GCC States and Saudi Arabia stood together and supported all the actions taken by Saudi Arabia to that end.  The statement also exaggerated the hope that Yemen will maintain peace and stability. The statement said that the GCC leaders also on the full ...

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 ...

Experts suggest China should increase its gold reserves to 10,000 tonnes

Financial crisis warns China to secure foreign exchange reserves "we suggest that China's gold reserves reach 6000 tonnes in 3-5 years and can rise to 10,000 tonnes within 8-10 years," the report said.  "At the Third China Industrial Safety Forum, held on November 28, Ji Xiaonan, chairman of the state-owned key large enterprise Board of Supervisors, said that China should focus on gold in optimizing its foreign-exchange reserves structure. The security of the financial industry has become the focus of this forum, and gold has clearly become an important topic. The role of gold in the financial crisis has been particularly noticeable as a key strategic reserve resource, experts say. Crisis ...

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