China Financial Daily

July 31, 2009

Land Department of the Ministry of Construction and housing land policy contradictions deepen the trigger to re-adjust

Filed under: Financial News — Tags: — lily @ 12:52 pm -0700

Land Department of the Ministry of Construction and housing land policy contradictions deepen the trigger to re-adjust
Dispute over land and housing prices is the real estate market with Chinese characteristics, the old topic. June 23, a Ministry of Land and Resources from the National 620 real estate projects the cost of land survey, with data to refute the live production factors in land prices after the Department is to promote the six housing prices is one of the main reasons, and make land struggle with house prices has again been a turmoil. In this similar to chicken eggs and priorities of the war of words behind the Department of Homeland clearly not just want a simple excuse for their own.

July 30, according to sources close to the Ministry of Land and Resources revealed that the Ministry of Land and Resources of the land market survey published after the cost of land is just a reminder to the developers really need to do is to overhaul the land market, the land market and policy adjustment, including a flexible single-supply and control the size of the sale of these plots a series of policies. In the report sparked a controversy after the policy adjustments are indeed talking about the next round of funding also.

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Force the central bank made the night a little chaos in confusion stable market the need to strengthen the independence of

Filed under: Financial News — Tags: — lily @ 12:50 pm -0700

Force the central bank made the night a little chaos in confusion stable market the need to strengthen the independence of
Although the State Council, the monetary authorities to maintain “appropriate monetary policy,” the tone, but still could not suppress the expected contraction.

Contraction due to fears the central bank credit, 29 July, the Shanghai Composite Index [3412.06 2.72%] volume fell 5.0 percent, the biggest intraday decline 7.6 percent, hitting a rebound from the biggest since the one-day drop. Judging from the disk the same day, or more than 9% of the stock close to 180, is down panic.

“I have heard that to transfer the reserve ratio? Is not central to the resumption of votes of the three-year period?” An economist of a bank on the “China Times” reporter that in recent days, he continually faced colleagues , peers, students consultation, which demonstrated that the direction of monetary policy, “fine tuning” the level of concern reached an unprecedented, all kinds of news, rumors were flying about.

This is the central bank’s unexpected, because the spirit of the Central Political Bureau of the meeting, Premier Wen Jiabao, the central bank bore the transmission is “moderately easy monetary policy unchanged,” the attitude of senior officials still can not appease the market expectations, the ” monetary authorities are in confusion seems to be a little chaotic. “

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Shanghai State-owned integrated into the national sample listing 3500000000000 reorganization reorganization shares off 72

Filed under: Financial News — Tags: — lily @ 12:50 pm -0700

Shanghai State-owned integrated into the national sample listing 3500000000000 reorganization reorganization shares off 72
The reform of state-owned assets as part of the national sample of Shanghai State-owned non-financial and financial state-owned assets to determine the basic direction of reform. With the Shanghai State-owned large-scale integration into the operational phase, the concept of restructuring state-owned Shanghai once again become the most worthy of the stock market investment plate excavated.

July 24, Shanghai Fang Xinghai, director of finance to do the work of the Shanghai Financial Office talked about the new “Sanding” programs, including “the functions of body, will be prepared”, but also the further development of a “further advance on the financial state-owned Shanghai and municipal reform and development of financial business a number of opinions “(hereinafter referred to as” views “).

“Opinions” are mainly financial Shanghai Office to determine the financial state-owned assets for the role of investors, the reform of the principle of state-owned assets and resources, as well as the layout of the market, such as employment, financial state-owned Shanghai then set the tone for the direction of reform.

Early in September last year, the Shanghai SASAC release “on the Shanghai state-owned assets to further promote the development of state-owned enterprise reform a number of opinions”, the Shanghai State-owned non-financial set the tone for the completion of reforms.

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