Oil Prices and Fuel Tax Reform start now
State Council Executive Meeting considered the product oil prices and fuel tax reform program, and decided to conduct public consultation on the community.
Three Major Oil Enterprises competing for the “Oil Store”
In the face of the cheap oil and gas resources from the Wall Street Financial Storm, Chinese oil and gas giant chose the decisive shot. Following the 40 million tons LNG contract between PetroChina and Shell company on Monday, Total, the CNOOC negotiating partner, announced that on Wednesday the both sides will sign the final LNG purchase and sale agreement.
The wholesale price of refined oil rises then the promotion of the private oil station is difficult to continue
Affected by the fuel tax policy will be introduced soon, the wholesale price of refined oil in Fuzhou rose up. Only in 4 days, the whloesale price of diesel and #93 petrol have been risen by 17% and 9% respectively.
In the industry: increasing Oil Prices intended to curb the Price Cut Fad of Private Gas Station
When some private gas station in Haikou are making further price promotions, today, China National Petroleum Corporation suddenly raised the wholesale price of refined oil, to take at advantages of the private gas station in promotional activities by surprise.
Depositors doubted: does it cut interest rates again
The substantially interest rates cut of the Central Bank exceeded everyone’s expectations. For those public saved money in banks, the attractiveness of deposits will decline or not?
keep on a regular basis by skills
The Central Bank announced the largest interest rates cut of 1.08% in the history on 26th. After that, the one-year deposit rate fell to 2.52%, and the 5-year benchmark lending rate fell to 6.12%.
China cutting Rates stimulated the Japanese Stock Market rose
According to the comprehensive report, due to the market believed that China cutting rates will help Japan economy, many investors bought stock in hand, so the Japanese stock market index increased by 0.6% on friday. But the Panasonic down limited the market.
Agriculture becomes the hot investment in Guangdong
High food prices and the troubled industrial situations make the agriculture become the most important investment in Guangdong under the global economic crisis. According to the statistics released by Guangdong provincial bureau, the agriculture investment in Guangdong from January to October this year, has reached to 7.296 billion yuan, increased by 65.3% compared to the last year.
Mountain Areas Agricultural Fair between Zhejiang and Taiwan
The mountain areas agricultural cooperation fair between Zhejiang and Taiwan was held in Hangzhou, in order to promote agricultural exchanges and cooperations between Zhejiang and Tanwan.
90 billion yuan invested into Farmers of Hubei
Hubei province issued a new measure a few days before that, the government decided to invest 90 billion yuan of fiscal funds from 2009 to 2010, for strengthening agriculture and rural infrastructure construction, promoting agricultural and rural economic development.
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