China Financial Daily

June 30, 2011

CCP 90 Years: Achievements of the Chinese Communist Party 90 years was to open the socialism road with Chinese characteristics

Filed under: Financial News — Tags: — Nancy @ 8:13 pm -0700

Achievements of the Chinese Communist Party 90 years : open the socialism road with Chinese characteristics
July 1, the 90th anniversary of the establishment of the Chinese Communist Party , at 10 am, China celebrates the 90th anniversary of the establishment of the Chinese Communist Party and holds a grand rally at the Great Hall of the General Assembly . CPC General Secretary Hu Jintao delivered an important speech at the meeting , Wu Bangguo hosted the General Assembly .

The first is that the CPC, relying on the people, completed the new-democratic revolution, winning national independence and liberation of the people, Hu said at a grand gathering marking the 90th founding anniversary of the CPC.

The second is that the CPC completed the socialist revolution and established the basic socialist system, he said.

The third is that the Party carried out a great new revolution of reform and opening up, creating, upholding, and developing socialism with Chinese characteristics, he said.

“These three major events reshaped the future and destiny of the Chinese people and the Chinese nation,” Hu said.

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China’s June manufacturing PMI is 50.9%

Filed under: Financial News — Tags: — Nancy @ 8:06 pm -0700

China’s June manufacturing PMI is 50.9%
July 1 Beijing Time , China Federation of Logistics and Purchasing released the China’s manufacturing purchasing managers index (PMI) was 50.9% , down 1.1 percentage points than the last month, which created a new low in 10 months, the manufacturing sector growth continued to slow down .

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Affected by Foxconn, the severe shortage of iPad2, next year there will be the space to reduce price

Filed under: Financial News — Tags: — Nancy @ 9:47 am -0700

Affected by Foxconn, the severe shortage of iPad2, next year there will be the space to reduce price
JP Morgan Securities said , iPad 2 out of the stock is very serious ,which may be related with the explosion of the Foxconn factory in Chengdu , but this situation would be expected to slow until the third quarter , while the second until the fourth quarter and next year quarter , iPad 2 will have a space to reduce the prices.

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