China Financial Daily

September 1, 2009

Taiwanese chain to invest in the mainland

Filed under: Financial News — Tags: — lily @ 9:03 am -0700

Taiwanese chain to invest in the mainland
“In Taiwan, more than half of enterprises are small and medium chain, at least, more than 6,000, the Taiwan market on such a big contrast, the mainland’s business too much, relatively speaking, the mainland’s chain operations and joined the system is still not mature, This gives the development of Taiwan to the mainland for very good reason. “cross-strait China Chain Store & Franchise Association Wong, a summing up of Taiwan enterprises on the mainland to development.

Though the open investment industry in Taiwan, Taiwan’s enterprises have already put down roots in the mainland, but the two sides of the business environment, business opportunities vary widely, and now Taiwan investment in mainland firms, worried about.

Taiwan enterprises to start their first step on the mainland? How to catering, food and home chains in areas such as chains of large-scale trend to expand, the laying of channels, open up the upstream and downstream industry chain, and Bao Tuan co-operation?

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Vietnam’s coal Zouqiao various provinces in the Mainland China market competition

Filed under: Financial News — Tags: — lily @ 9:02 am -0700

Vietnam’s coal Zouqiao various provinces in the Mainland China market competition
In July, China’s coal imports totaled 13.89 million tons, although the 3.17-fold over the same period last year, but the ring fell 13.6% compared with June. In contrast, Vietnam’s coal imports have continued to maintain a healthy posture.

“Association of Southeast Asian Nations in July Guangzhou, Hong Kong imported 1.229 million tons of coal, including coal and still holds the six into Vietnam.” August 31, Guangzhou, Hong Kong told reporters earlier Guangdong electricity enterprises and the Vietnam Coal and Mineral Industries Group signed a coal supply agreement, in July Vietnam’s coal to Hong Kong to become the peak.

In the previously imported coal, the largest province of Vietnam, Guangxi, with the National dazzling 126% in the first half of the growth rate of coal imports compared to coal imports in the first half but fell 22.7%.

“The coal company’s previous business Fangchenggang more in development, but early this year began after the market into Guangdong.” Wantong Guangxi International Logistics Co., Ltd. (hereinafter referred to as the Guangxi Wantong) Trade Manager Lin Jiang told reporters. Guangxi Wantong large coal imports, the annual imports of nearly 3 million tons of coal.

The importer’s “defection” that made the largest port in Guangxi imported coal – coal imports in the first half of Fangchenggang huge drop. Port coal imports at the national frenzy, this first half of the amount of coal imports account for all ports in Guangxi 64.12% of its imports in that year on a 34.2% decline, but the import volume of coal among the nation’s ports in third place.

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Shanghai Fa Li shipping finance

Filed under: Financial News — Tags: — lily @ 9:02 am -0700

Shanghai Fa Li shipping finance
“Shanghai will soon set up the shipping industry development fund, and improve the financial aspects of shipping tax incentives.” August 29, Shanghai, Xu, deputy director of finance to do the right to be held at the Shanghai Maritime Court, “Maritime Financial Law Forum”, said.

Xu told this reporter that the right of the shipping policy is to support the financial sector by the Shanghai Finance Office is responsible for drafting, the draft will be completed this year, October 1.

Shipping finance can be divided into shipping finance, shipping, insurance, financial clearing and shipping price of four derivatives business, the global annually with financial transactions related to the size of shipping hundreds of billions of dollars, mostly in London, Singapore, Hong Kong and other developed international shipping?NJЮ Compared to these cities, Shanghai’s financial industry is still in the shipping initial stage, the business is small and slow growth.

Xu right of the view that financial development of Shanghai in the shipping, there are many constraints. For example the lack of re-insurance institutions are not conducive to the development of marine insurance; shipping estimate the financial needs of the public, legal, accounting and other professional intermediary service agencies in Shanghai and some just started, and some is still blank; In addition, fiscal and taxation policies environment to be further improved.

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