China Financial Daily

June 1, 2009

Shenzhen at the end of the housing provident fund system reform introduced

Filed under: Financial News — Tags: — lily @ 4:03 am -0700

Shenzhen at the end of the housing provident fund system reform introduced
The White Paper is an undertaking, it is the affidavit. The latest issue of the Official Gazette issued a White Paper on public services 16, 16 government departments to inform the public of this year’s work objectives and tasks, started construction in Shenzhen City, a skirmish-oriented government. City party committee and government on the basis of the formulation and implementation of “the rule of law in the government building in Shenzhen Index System (Trial)” the decision will deepen reform of the administrative system in our city to promote the transformation of government functions, and build a service-oriented government and to increase the level of services and capabilities. At the same time, “the construction of the Shenzhen City, a service-oriented government regulate a number of the provisions of administrative services (Draft)” is the government online for public comment. Building a service-oriented government will accept the people’s supervision, to provide satisfactory services to the public, will be testing a service-oriented government building an important indicator of the outcome, we will wait and see.

The latest news yesterday from a Government Gazette was informed that the planning and construction of our city this year will be 25,700 sets of protective housing, housing for low-income families and make efforts to resolve difficult issues and to promote the reform of municipal housing and housing provident fund system, such as the distribution of currency paper 4 12 introduced before the end of synchronization.

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Bohaiwan out half a month earlier than usual since the fishing moratorium

Filed under: Financial News — Tags: — lily @ 4:02 am -0700

Bohaiwan out half a month earlier than usual since the fishing moratorium
In order to ensure better restoration of fisheries resources in Bohai Sea, the Bohai Sea for a three-month moratorium from 12 o’clock tomorrow officially begun. However, you do not worry, because the city has become the size of farmed aquatic products, fishing moratorium little impact on the people table. During the moratorium, the city will also be released to the proliferation of China’s Bohai Bay prawns, trituberculatus, barracuda, squid and other aquatic gold seed, for a total of 281.1 million (only).

In accordance with the unified arrangement of the Ministry of Agriculture, Sea fishing moratorium this year, half a month earlier than in previous years, from at 12 o’clock on June 16 to at 12 o’clock on September 1, adjusting for this year’s at 12 o’clock on June 1 to September 1 12:00. According to the city’s aquatic experts, this year fishing moratorium for 15 days in advance in order to better protect the marine fisheries resources. May each year is a time when fish lay their eggs, in June to September is the fish growth, maturity period. If we do not fish, shrimp and shellfish to protect the growing season will not only affect the fish and shrimp production, reduce the economic value and ecological damage. The city in 1995 from the Ministry of Agriculture in accordance with the provisions of the implementation of the Bohai Sea offshore fishing moratorium, and achieved a better eco-effect. In recent years, Hangu, Tanggu, Dagang offshore jellyfish, shrimp and other species in China has begun to take shape, “Autumn Floods.”

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Construction Bank branch in London early in June Merchants Bank official business will soon be set up offices in the United Kingdom

Filed under: Financial News — Tags: — lily @ 4:01 am -0700

Construction Bank branch in London early in June Merchants Bank official business will soon be set up offices in the United Kingdom
According to foreign reports, the London branch of China Construction Bank will be operating early in June.

Since the 2005 initial public offering (IPO), the Construction Bank has expanded the market value more than doubled, reaching 152 billion U.S. dollars, surpassing JPMorgan Chase and other global financial giant with a market value similar to HSBC Holdings.

However, the bank’s international operations and overseas financial giants far, over 95% of assets in mainland China and Hong Kong, 99% of the profits from the domestic market.

Construction Bank, London Branch said: “We are not Hong Kong, nor is Citigroup. But we followed the pace of customers to the world.”

Over the past decade, the overseas investment of Chinese enterprises less than one billion U.S. dollars from the rapid expansion of, by the end of 2008 reached 47.8 billion U.S. dollars. There are more than 5000 Chinese companies in the world’s 172 countries have set up a 12,000 overseas branches.

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