China Financial Daily

November 1, 2008

Foreign Stock Market

Filed under: Financial News — Tags: — kinpoo @ 9:19 am -0700

U.S. Stocks rose sharply in a row
Comprhensive reports: New York stock market rose sharply in a row on Oct.31st, the Dow Jones Industrial Average price of 30 kinds has increased 144.32 points at the point the New York stock market closed.

European Stock Markets closed higher Friday
European stock markets closed at a higher point in a row on friday, for the fourth trading day. On that day, British FTSE 100 index closed at 4377.34 points, rising up 2%, and Germany DAX index rose 2.44% and closed at 4987.97 points; French CAC-40 index rose up 2.33% and at 3487.07 points.

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Chinese Economy:Shanghai

Filed under: Financial News — Tags: — kinpoo @ 9:15 am -0700

Yu Zhengsheng: Shanghai Economy is good and confident of the Future Development
The standing committee of Shanghai was held yesterday afternoon, and the committee heared the opinions about the economic performance and the next step measures in the first quarter, including the report repongding to the currenet economic operation in China from the research office of municipal party.

Experts: China Economic Growth Rate will be back and continue to keep steady
A researcher of China State Council Development Research Center, Zhang Liqun said that today, the changing index of Chinese manufacturing purchasing industry may predict that the economic growth rate will continue to come back and go back to steady gradually.

Wen Jiabao: stressed the Need to strengthen and improve the Macro-Control
Chinese Premier Wen Jiabao composed a writing in the latest magazine of  “Seeking Truth”, saying that this year was the most difficult year for our development in recent years, so that we must focus on three issues, improving the long-term, effective and fast development of the nationa economy.

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