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jiang06 · (This post was last modified: 10-09-2011 11:42 AM by jiang06.)

Qatar to soft play invest in China

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Qatar to invest in ChinaPublished: 19 Nov 2009 00:02:01 PST<p class="authorInfor"]</p]<p style="text-align: center"]</p]
Qatar's State-owned oil company Qatar Petroleum International plans to invest $5.8 billion to build a petrochemical plant in China by 2015, according to a Bloomberg report Wednesday.</p]
Nasser al-Jaidah, the CEO of Qatar Petroleum said the company plans to cooperate with China National Offshore Oil Corporation (CNOOC) and a Chinese petrochemicals maker to invest $5.8 billion to build a plant in China's Hainan Province.</p]
"There is huge potential for growth in Asia, especially China," al-Jaidah said. "We can hit two birds with one stone – tap the markets and exit our product," he said, but did not disclose the share of the investment that Qatar Petroleum will have in the venture.</p]
He also disclosed the company plans for the plant to have a processing capacity of about 3.8 million tons of LPG a year, and this plan may be approved by the National Development and Reform Commission (NDRC) in the second half of next year.</p]
But Xiao Zongwei, spokesman of CNOOC, said he was not informed about any petrochemical investment in Hainan, according to the Bloomberg report.</p]
The Qatar oil company plans a total investment of $9.8 billion to build two petrochemical plants in Asia by 2015, and the remaining $4 billion will be invested in Vietnam. Both of the petrochemical plants will use Qatari liquefied petroleum gas to produce chemicals, al-Jaidah said.</p]
</p]<p align=center] Explore the World, Understand China!
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Guangzho solar module u's residential property transaction area soars in Apr

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Guangzhou's residential property transaction area soars in AprPublished: 14 May 2009 18:09:57 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]Top 5 News From ChinaKnowledge.comToyota reports 17% decline in China Q1 salesSamsung to bring 15 3G handset models to ChinaChina Mobile to invest RMB 80 bln in Guangdong in 5 yearsChina's diamond market posts strong growthGuangzhou's residential property transaction area soars in Apr<P]May 15, 2009 (China Knowledge) - Guangzhou, the capital of Guangdong Province, saw new residential property transaction area surge 108.2% year on year to 832,400 square meters (sq m) in April, representing the highest monthly transaction area in the past 22 months, said a representative of the Guangzhou Property Management Bureau on May 13.</P]<P]Last month, the average price of new residential properties in Guangzhou hit RMB 7,978 per sq m, down 27.5% year on year or down 3.7% month on month. </P]<P]In the period from May 4 to May 10, the city's property transaction volume reached 3,782 units, the highest level since the beginning of this year. Property transaction volume hit 2,539 units in the period from Apr. 23 to Apr. 29.</P]<P]Reportedly, Guangzhou Property Exposition 2009 opens today and gives the lowest discount of 22%. The three-day property exposition will showcase 60 property projects including apartments, villas and office buildings. Guangzhou R&F Property Co Ltd<2777> will exhibit 10 projects, while China Vanke Co Ltd<000002><200002> will exhibit 6. <BR]</P]
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Extensio solid state relay n of home sales policy uncertain

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Extension of home sales policy uncertainPublished: 25 Oct 2009 08:02:01 PST<p class="authorInfor"]</p]
</p]
Visitors look at model residential apartment buildings of a property project during a real estate fair in East China's Zhejiang Province on Sunday. Home sales have been on the rise in Beijing in October. Photo: CFP</p]
By Zhao Qian </p]
Analysts are unsure about the future of a preferential policy designed to boost second-hand home sales across the country. The policy is set to expire at the end of the year.</p]
Under the current preferential policy, home-owners who sell housing units that they have held for more than two years are exempted from a turnover tax, according to a circular jointly issued by the Ministry of Finance and the State Administration of Taxation at the end of last year.</p]
The preferential policy, which began January 1, is set last until December 31, 2009, according to the circular.</p]
The buyers end up paying the turnover tax, so the home-owners benefit more from the policy, Duan Wei, advisor of Homelink Real Estate Agent (Beijing) told the Global Times on Sunday.</p]
"Nearly 30 to 40 percent of the people who bought homes in Century City (a residential zone) in October in Beijing were afraid of the expiration of the policy," Duan said.</p]
"And the sales volume at Century City in October has been bigger than in September," he added.</p]
But analysts remain divided on whether the policy should be continued.</p]
"We hope the preferential policy will be continued," Hu Jinghui, deputy manager of housing agency 5I5J, was quoted by real estate information website http://www.focus.cn as saying.</p]
The enormous increase in second-hand home sales is directly related to the policy, he explained.</p]
But Qian Tiegang, a professor at Shandong University was quoted by a website for the city of Jinan, e23.cn, as saying that the second-hand homes sales volume in Shandong's capital has more to do with rising demand than the preferential policy.</p]
"Local governments may suggest to the central authorities for extending the preferential policies," Li Zhanjun, director of E-house China R&D Institute told the Global Times on Sunday.</p]<p align=center] Explore the World, Understand China!
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Copying stainless steel ball La Tomatina

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Copying La TomatinaPublished: 26 Aug 2009 20:44:39 PST<p class="authorInfor"]</p]<P]In order to celebrate its second anniversary, a shopping center in Guiyang, capital of southwest China’s Guizhou Province, organized a tomato fight on July 20. The idea was based on the famed tomato festival in Spain. Guiyang’s event attracted almost 1,000 people who engaged in a pitched fight using close to 25 tons of tomatoes, with a total cost of 100,000 yuan ($14,700).</P]<P]This is not the first time tomato fights have been seen in China. In October 2008, a theme park in central China’s Hunan Province held a several-day-long tomato fight, which was followed by a similar fight in Dongguan, south China’s Guangdong Province. And it is not only tomatoes that are hurled about, as persimmon and grape fights have also been staged. Almost all these events have drawn criticism.</P]<P]Opponents say that as China has a growing population and decreasing area of arable land, the country is just not wealthy enough to have the luxury of such entertainment. Even those who do have money should use it in a way that can help others in need.</P]<P]Nevertheless, some people believe that sponsoring businesses purchased these tomatoes from farmers, so farmers still benefit from tomato fights. Besides, they say, since the use of so many tomatoes for commercial purposes has not led to short supplies in the market, the events should not be criticized for alleged food waste.</P]<P]Some believe that in the process of globalization, taking after festivals and carnivals of other countries is normal. If a tomato fight can bring joy to participants and help local tourism, why not have it? Those who oppose Western festivals are actually lacking self-confidence and they are afraid they will be assimilated by Western culture, says this group.</P]<P]Don’t waste</P]<P]Chen Yiquan (http://www.sznews.com): There is a famous saying in China, “People see food as their main requirement,” which indicates the holiness of food. Then why is the tomato, which is a kind of popular food, becoming the victim of “mass fights?” The reason is simple: Some people have irrationally prioritized entertainment over anything else. As a result, the sellers do not care about whether a certain commodity, food included, will be used correctly, but they are only interested in how much profit they can make. This is the same case with buyers. What they care about is whether a certain commodity can make them happy.</P]<P]It’s great to promote a place or a business by organizing an interesting event, but never should it be based on the waste of food. This is an unreasonable practice that will inflict a negative impact on social values. Suppose people lose interest in tomato fights, then what food will be the next choice? Will they choose to throw rice into the river if this will bring joy?</P]<P]The tomato fights are really fights between conventional and distorted values!</P]<P]Qin Jianzhong (http://www.bokerb.com): Some people may argue that, since similar fruit fights are frequently held in Western countries, why can’t Chinese play this game? The reason is simple: The national condition of China is different from that of Western countries.</P]<P]We are glad that China’s aggregate gross domestic product (GDP) will soon overtake Japan as the world’s second largest, but we have to admit that China’s per-capita GDP ranks behind 100 countries in the world. Moreover, China’s social and economic development is uneven. In Guizhou, where the latest tomato fight was held, impoverished villages are scattered all over the province.</P]<P]In Chinese history, there is a famous story. Once upon a time, there lived a beautiful maiden, Xishi. Her beauty was peerless. But heartache caused her great pain. So much so that she held her hand to her chest and furrowed her brow when she walked. An unattractive woman who lived in the neighborhood saw Xishi walking in the village street one day with her hand on her google seo カード現金化グルーポン ASP クレジットカード現金化口コミペニーオークション呼和浩特旅游競馬投資競馬引越し見積もり

Haitong stainless steel pipe fittings Securities sees H1 net profit rise 21.9%

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Haitong Securities sees H1 net profit rise 21.9%Published: 14 Jul 2009 00:32:13 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]Top 5 News From ChinaKnowledge.comBYD to buy Hunan bus maker for green vehiclesNew GM sets up international base in ShanghaiIran seeks China investment in refining sectorHang Seng Index opens 377 points higher on TueGrandbuy to start western expansion in Chengdu<P]Jul. 14, 2009 (China Knowledge) - Haitong Securities Co<600837>, China's second largest broker in terms of assets, on Tuesday announced that its unaudited net profit for the first half of this year reached RMB 2.45 billion, up 21.9% from RMB 2.01 in the same period of last year, due to a rebound in the stock market.</P]<P]The basic earnings per share were RMB 0.30, according to the firm's preliminary earnings report.</P]<P]From January to June, the company's revenue climbed 2.2% to RMB 4.13 billion from the RMB 4.04 billion it recorded in the corresponding period of last year.</P]<P]The company is expected to release a full, audited first-half earnings report in August.</P]<P]In 2008, Haitong Securities realized net profit of about RMB 3.3 billion, down 39.49% year on year, according to an earlier report from China Knowledge.</P]<P]Shares of Haitong Securities rose 1.32% to close at RMB 17.67 in the morning trading session on Tuesday.</P]<P]<BR]</P]
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China co Star Delta Starter nsiders steps to aid housing mkt -media

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China considers steps to aid housing mkt -mediaPublished: 22 Feb 2009 18:34:35 PST<p class="authorInfor"]</p]
SHANGHAI, Feb 23 - China is considering a packageof measures to provide long-term support for its residentialhousing market, including the scrapping of curbs on purchases ofsecond homes, official media reported on Monday.</p]
The China Securities Journal quoted an unnamed,authoritative source as saying the National Development andReform Commission, the top economic planning agency, was nowreviewing proposals submitted by the construction ministry.</p]
The package would aim to increase demand for owners toimprove their homes, cut tax costs for people buying and sellinghomes, and help low-income people buy homes, the source said.</p]
There are also proposals for the government to buy a smallamount of housing stock to help it prevent excessive pricefluctuations, and for steps to ensure home buyers and developersreceive ample long-term financing, the newspaper added.</p]
Developers would be allowed to create real estate investmenttrusts (REITs) as soon as possible to bolster their funding,while rules restricting the amount of institutions' investmentin property would be abolished or relaxed.</p]
The newspaper did not say when the package might beintroduced.</p]
The Shanghai Securities News quoted Cheng Siwei, aninfluential former lawmaker, as saying the government had placedresidential housing on its list of 10 major industries, whichwould receive policy assistance.</p]
But it remains unclear what specific policies will resultfrom this, partly because authorities are still debating whethera policy package should focus on the property market's currentslump or its long-term development, the newspaper added.</p]
Since last year the government has announced a range ofsteps to aid the market. In December it cut business andtransaction taxes for real estate sales, and said it would letpeople buy second homes on the same preferential terms normallyreserved for those buying first homes, if floor space per personwere lower than the average for the city where the homeownerlived. </p]CFD カード現金化クレジット現金化クレジットカード現金化口コミモバイルseo 混合机競馬新聞网络传真

PBOC sel storage tents ls RMB 110 bln in bills, RMB 20 bln in repos on Thu

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PBOC sells RMB 110 bln in bills, RMB 20 bln in repos on ThuPublished: 16 Dec 2009 19:51:16 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial Market<P]Dec. 17, 2009 (China Knowledge) - The People's Bank of China issued RMB 110 billion in three-month bills in the regular open-market operations today, according to a statement published on its website.</P]<P]The central bank also issued RMB 20 billion in 91-day repurchase agreements with a coupon rate of 1.33% in the regular open-market operations this morning.</P]<P]On Tuesday, it issued RMB 55 billion in 28-day repos with a coupon rate of 1.18% in the regular open-market operations and RMB 10 billion in one-year bills, according to an earlier report from China Knowledge.</P]<P]Last Thursday, the bank issued RMB 110 billion in three-month bills and RMB 30 billion in 91-day repos.<BR]</P]
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JPMorgan surge arresters cuts shareholding in Angang Steel to 15.96%

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JPMorgan cuts shareholding in Angang Steel to 15.96%Published: 08 May 2009 00:34:49 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]Top 5 News From ChinaKnowledge.comCITIC-Prudential Life Insurance mulls A-share listing in 2012Hang Seng Index opens 68 points lower on FriHuaneng Power International to issue RMB 4-bln in mid-term notesSOHO China mulls acquiring property from Morgan StanleyPing An Property issues RMB 2 bln in subordinated bonds in AprMay 8, 2009 (China Knowledge) - U.S.-based financial holding company JPMorgan Chase & Co has reduced its shareholding in Angang Steel Co Ltd<000898><0347> to 15.96% from 16.09%, according to the Stock Exchange's SDI information.

The SDI information showed that JPMorgan sold 1.478 million H-shares in China's second-largest steel maker for HK$12.58 million on Apr. 29. The average price of the share transaction was HK$8.51 apiece.

JPMorgan's shares in Angang Steel decreased to 173.27 million from 174.75 million after the transaction.

On Apr. 30, Baring Asset Management Ltd increased its shareholding in Angang Steel to 6.16% from 4.60% after buying 17.028 million H-shares of the company for HK$159.26 million.

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China Sh Surge suppressor ougang Group to buy Changzhi Iron & Steel for 500m yuan

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China Shougang Group to buy Changzhi Iron & Steel for 500m yuanPublished: 11 Aug 2009 00:02:01 PST<p class="authorInfor"]</p]
China Shougang Group will buy Changzhi Iron & Steel (Group) Co., Ltd for 5 million yuan after five months of negotiations, signaling a significant move in China's steel industry's cross-region reorganization policy.</p]
The deal means Shougang Group will receive 90 percent of Changzhi's shares, and the remaining 10 percent held by Changzhi Steel. The company will change its name to Shougang Changzhi Iron & Steel (Group) Co., Ltd.</p]
Currently Changzhi's output is 3.6 million tons and Shougang will invest 19 billion yuan to help Changzhi increase its output to 6 million tons in about three years; at that time Shougang's total output is expected to reach 18 million tons.</p]
The merger of the two companies can strengthen Shougang's ability to better meet the market's needs since they are complementary in their products and the variety of the products will be expanded, says Xu Xiangchun, director of mysteel.com.</p]
He also said this move is an opportunity to introduce new technology and managerial experience to Changzhi to facilitate its development</p]
The development of other local industries can also benefit from the merger.</p]
The government gave the merger the green light, with Wang Jun, governor of Shanxi Province attending the signing ceremony as well as other representatives from other industries.</p]
Vice president of China Mercury Industry Planning Institute Li Xinchuang praised Shougang and said that it is a very good beginning for China steel industry's cross region reorganization.</p]
The merger and restructuring of China's steel enterprises is being implemented step-by-step. Baosteel Group Co. bought Ningbao Iron & Steel Co. Ltd for 56.15 percent shares at 2.0214 billion yuan, and other deals are underway now.</p]
Li also said that there are still obstacles from local governments although the central government is encouraging restructuring.<br /]</p]<p align=center] Explore the World, Understand China!
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UPDATE 1 switching power supply -Coach to raise its China growth view - CEO

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UPDATE 1-Coach to raise its China growth view - CEOPublished: 22 Nov 2009 17:08:47 PST<p class="authorInfor"]</p]
* Coach to revise growth projections for China business</p]
* CEO cites stronger market growth, accelerated openings</p]
* Shares down 1 pct in afternoon trade</p]
NEW YORK, Nov 20 - U.S. handbag and leather goodsmaker Coach Inc <COH.N> said on Friday it plans to increasegrowth projections for its China business, due tofaster-than-expected growth.</p]
In May 2008, the company said it planned to open 50 storesin China over the next five years, at a rate of 10 per year. Italso targeted a 10 percent market share of what it thenexpected would be a $2.5 billion market by the end of fiscal2013, or Coach sales of about $250 million.</p]
"Given the stronger market growth than originally expected,our performance and our accelerated pace of store openings, wewill be revising our projections substantially upward nextspring," said Coach CEO Lew Frankfort during a presentation ata conference hosted by Morgan Stanley.</p]
The presentation was simultaneously broadcast over theInternet.</p]
Coach shares were down 37 cents, or 1 percent, at $33.56 onthe New York Stock Exchange. </p]seo カード現金化クレジット現金化ショッピング現金化齿轮箱 [url= http://www.mixers.org.cn/]混合机[/url] 灭火器現金化

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