Financial Policy

Reporter Lu Xiaoping Hu Wei Ministry of Culture and Industry Division, Deputy director Li Xiaolei, in attendance at "The third cultural and creative industry investment and financing forum" revealed that the Ministry of Culture is working with the People's Bank of China, the SFC and other departments to develop relevant financial policies to support the development of cultural industries. Li Xiaolei said that the financial support cultural industry Working group composed of the Propaganda department, the Ministry of Culture, the People's Bank of China, the CBRC and the SFC is studying the formulation of relevant financial supporting policies, including the establishment of a discount mechanism for cultural enterprises ' loans. At the same time, the Ministry of Culture is preparing to build a cultural industry information platform, integration of culture ...

Reporter: Liu Hongliulina Washington International Monetary Fund 8th, the World Economic Outlook Update report predicts that the world economy is beginning to emerge from the worst recession since the Second World War, but the recovery will be slow and weak.　　The world economy is stabilising, thanks to unprecedented macroeconomic and financial policy support, and the world economy is expected to shrink by 1.4% this year, slightly worse than the 1.3% forecast for April this year, and a 2.5% per cent increase in the world economy next year, 0.6% from April. The report also predicted that the U.S. economy today ...

May 2, the People's Bank of China decided to increase the reserve requirement ratio from May 10 to 0.5% to 17%. This is the 3rd time this year to raise the reserve requirement ratio.　　A total of $900 billion will be frozen for 3 times.　　This increase in reserve requirements, by changing financial policy expectations, tightening monetary, release further adjustment of financial policy, tightening monetary, credit strict signals, investors in particular, real estate investment speculators to form a certain blow, even the signal role will be greater than the actual role. Earlier, April 17, the State Council issued a "new country 10", offering a history ...

According to the China Securities Daily, Zhou Xiaochuan, governor of the PBoC, said 20th that China should maintain a certain level of deposit and loan spreads in financial policy formulation in order to maintain the pressure and power of the financial system to provide services to the real economy.　　He also said that some industries have overcapacity and need to be cautious in investment. Zhou Xiaochuan made the statement at the 2009 Global CEO's annual meeting. When it comes to how the central bank set its price policy, Mr. Zhou said policy makers should consider the pressure and drive to maintain the financial system's services to the real economy. From the perspective of pressure, on the one hand to maintain competition, competition will produce ...

These days, the market is the most concerned about the state of a succession of property control measures. Following April 14, the State Council issued a new deal to buy the first set of loans from housing and second housing, raising the threshold of credit, yesterday, the State Council on the real estate market again a heavy blow. Notice of the State Council, high-priced areas can suspend the purchase of a third set of housing loans and above, to not provide more than 1 years of local tax certificate or Social Insurance payment certificate, non-resident residents to suspend the purchase of housing loans, and the relevant departments to speed up research and development, guide the individual reasonable housing consumption and adjust the personal property income ...

As the former deputy mayor of London, economist Rothi (Johnross) at the 12th International Business Forum held yesterday, "the interaction between financial center and ITC" is the "Stone of the mountains" of Shanghai's "four major centers".　　He suggested that the development of financial centres and trade centers should be mutually advanced. "There is no financial policy, no trade policy, and all policies must be fully integrated." "Rothi said that the financial center and the Trade Centre have always been accompanied by the international financial centres are mostly located in important ports and transportation centers, the world's history of the most ...