China Financial Daily

Thai enterprises: China will give more to help tide over the financial crisis, ASEAN
Participated in five consecutive China – ASEAN Expo Thailand astrotech group, its executives said here on the 31st at the upcoming Sixth China – ASEAN Expo, China and ASEAN will inject a strong economic development in confident that China will be through the Expo to the Association of Southeast Asian Nations for more help and share the financial crisis.

China – ASEAN Expo held in Nanning organizer day countdown to the launch 50 days. Thailand astrotech Group’s investment in East Asia in the Guangxi Sugar Industry Group Managing Director Mr. Li Yaohuang attended the ceremony. Consul General United Kingdom of Cambodia in Nanning, Hong, Consul General Nguyen of Vietnam in Nanning, the courage, Royal Thai Consulate General in Nanning, Acting Consul General Ante Punta Bodhi Kamphol and several other Association of Southeast Asian Nations in Nanning Consulate General officials also attended the ceremony.

Liyao Huang revealed that in five of China – ASEAN Expo, Thailand astrotech Group, signed a total of 2.1 billion yuan of investment. At present, 1.5 billion of investment projects completed and commissioned. This year, the Group will continue to participate in Thailand’s astrotech fairs, and the ASEAN business together, to share China’s rapid economic growth has created opportunities. He said that although the world economy is still sluggish, but the Chinese government launched a policy to stimulate the economy decisively and effectively, at present China’s economy has recovered, this will inevitably create opportunities for ASEAN companies. China’s strong economic momentum, but also strengthened the Group’s investment in China, Thailand astrotech confidence.

Yin-ching: alert days the amount of credit to the real economy, growth fell into a financial crisis
The newly published “China’s National People’s Congress” magazine published in journal of the NPC Financial and Economic Committee’s vice chairman of the Yin-ching of the interview article, “Looking back on the implementation of the package and Future.” Yin-ching, vice chairman, said in an interview, we can not expect the package in six months time to address all of China’s economic development issues, especially those long-term accumulation of institutional and structural problems, the implementation a little careless, as well as may exacerbate pre-existing number of contradictions, and generate some new problems. In fact these are also the recent discussion of hot spots.

He told reporters a detailed analysis of one of the hot topics: “days quantity” with non-credit.

Yin-ching, vice chairman, said in September last year, the implementation of appropriate accommodative monetary policy, money supply, rapid growth of loans by financial institutions increased significantly. In the fourth quarter of last year’s 1.2 trillion yuan of new loans on the basis of the first half of this year, 7.37 trillion yuan of new loans. 6 the end, the broad money supply (M2) the balance of 56.9 trillion yuan, up 28.5% over the previous year to speed up 10.6 percentage points; the narrow money supply (M1) the balance of 19.3 trillion yuan, an increase of 24.8%, 15.7 percentage points to speed up ; market, money in circulation (M0) balance of 3.4 trillion yuan, an increase of 11.5%; the balance of RMB loans of financial institutions was 37.7 trillion yuan, an increase of incremental credit, 4.92 trillion yuan, an increase of 34.4%.