China Financial Daily

July 31, 2009

Cement???ίpushed the New Deal were not awarded a new project, approved relief limit approved

Filed under: Financial News — Tags: — lily @ 12:47 pm -0700

Cement???ίpushed the New Deal were not awarded a new project, approved relief limit approved
“With only a few provinces have not reported to the materials.” July 29, the Ministry of Industry and Information (hereinafter referred to a letter the Department of Public Works) Division raw materials to tell the Director of the new€?

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The State Council to be awarded this month to support small and medium-sized Policy Authority proposed the setting up of vice-ministerial level

Filed under: Financial News — Tags: — lily @ 12:46 pm -0700

The State Council to be awarded this month to support small and medium-sized Policy Authority proposed the setting up of vice-ministerial level
July 30, informed sources to the “China Times” that the supporting policies promulgated by the State Council on the National Development and Reform Commission, Ministry of Finance, the Ministry of Public Works letter, the Ministry of Commerce, Ministry of Science and Technology, National Tax Administration, Business Administration, the central bank , the China Banking Regulatory Commission and other relevant ministries to guide the work.

It is understood that the last six months, the State Council and relevant departments carried out for small and medium-sized combination of official research study. The past month, the Department of Public Works and other ministries on the letter of support policies for SMEs have sought the views of interested parties.

Multi-reporter to verify that the central bank is studying the development of policy to adjust the credit structure, a reasonable increase in loans to SMEs to ensure that the growth of small and medium-sized loans of not less than the average growth rate of all loans. Some experts proposed that a year the amount of loans to SMEs at least, the abolition of restrictions on small and medium-sized part of the loan terms. Chinese SMEs offer the establishment of the National Association of small and medium-sized banks, to support the development of small and medium-sized banks. In addition, the Association also recommends that small and medium-sized countries to establish small and medium-sized high-level management system coordination mechanisms, the establishment of small and medium enterprises directly under the State Council of the Authority, or to rely on a large ministries, the two vice-ministerial level to set up the Board.

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National Federation of Industry and Commerce to raise the minimum wage proposal

Filed under: Financial News — Tags: — lily @ 12:46 pm -0700

National Federation of Industry and Commerce to raise the minimum wage proposal
“China Times” reporter was informed that this exclusive, the National Federation of Industry and Commerce is drafting a report on “How to boost domestic demand,” the policy recommendations will be drafted and recently uploaded to the central authorities.

National Federation of Industry and Commerce pointed out in the proposal, China will emerge from the economic crisis, through the stimulation of investment is unsustainable, the only way to drive up domestic demand, and the key to stimulating domestic demand, is to further improve the national income. Further pointed out that the National Federation of Industry and Commerce, to raise national income lies in two pieces, one to raise the income of the farmers; Second, small and medium-sized cities and towns to increase the income of ordinary workers, because the sum of the two, the number of the national labor force accounted for more than

“General staff” revenue decline

Director of the National Federation of Industry and Commerce, Mr Chan in “China Times” reporter that the recent National Association of Industry and Commerce of the difficulty in obtaining loans for small and medium-sized research, the chance that after the economic crisis, a large number of small and medium enterprises in the income of the general staff have varying degrees of reduction.

National Federation of Industry and Commerce for SMEs in general as the general staff, production and management units in addition to senior management and outside investors, employees and workers of these small and medium-sized general add up to total volume of production and operation of urban labor units three-quarters. It can be said that the vast majority of workers in enterprises can be classified as general workers.

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