Fan Gang: China will not cut the interest rate but may loose mortgage and commercial loan
Leader of National Economic Research Institute, Fan Gang said that considering the current inflation, there was little space to adjust the monetary policy. However, to loose the mortgage and commercial loan was quite viable to the credit from small enterprises. Moreover, he said China would probably expand the scope of the export tax rebate.
Real Estate Policy will probably be loosen at the End of this Year
Recently, the real estate market appears abnormal decline, while the housing prices begin to be involved into the quagmire. So the experts expressed their opinion on when would untie the real estate industry. Moreover, they predicted that “9 • 27″ second mortgage policy may be adjusted at the end of this year or in the early of next year.
CEEMA proposed to adjust the real estate market policy and put forward four measures
As to the China real estate condition, China Real Estate Enterprises Management Association (CEEMA) recently sent a letter to Ministry of Housing and Urban-Rural Development of People’s Republic of China (MOHURD), this letter required to adjust current tightening control policy in real estate, which pointed out the real estate market prices and decreased trading volume would influence on the national economy in two sides, so it proposed a “rescue” with four measures.
Other News:
Latest Market Analysis from well-known Institution: Domestic Steel Prices continue to decline
According to well-known domestic iron and steel information institution, the domestic steel prices continue the trend of sharp decline in the last week (Sept. 19-26), which created the new low since April this year.
EU plans to revise Banking Laws and Regulations to avoid the repeated Financial Crisis
The European Union put forward a legislative proposal on October 1, 2008 to amend the existing EU banking regulations, strengthen bank capital requirements, and enhance cross-border supervision so as to avoid the current financial crisis appearing in the future.
Foreign-funded Banks Spend Huge into Chinese Livestock Breeding
When most chinese farmers shouted “hard-top” of the pork price and “moved” because of urbanization and development,the capitalist pursuiting of maximum profit entered China and spend into livestock breeding. what the purpose of them?
Found 55 meters thick Oil Layer in China ChaiDamu,By three-dimensional Exploration
We explored in the north of Kunlun Mountains in ChaiDamu and found 55.2 meters thick oil layer by the three-dimensional method.It is expected to add and control the oil reserves 8,000,000 tons.
Commerce Ministry Asked Commerce System To Enhance Energy-Saving and Emission-Reducing
Recently the commerce ministry asked local commerce authorities to carry out “retail energy-saving action”.And they were researching to establish a retail energy-saving and technological transformation system…
others:
Beijing Trend of Low-cost Public Transport Policy Keep Unchanged and Two More Subway Line
At present, the city has owned motor vehicles 3,400,000.As the big and jam-packed city No.1,which mode will be the choice of Beijing transportation?
Chinese Red Tourism Developed Fast and Has Benefited to Social and Economic
During the three years red tourism practiced,the total tourists of the national red spots has beyonged 400,000,000,and the consolidated revenues reached 150,000,000,000 RMB.
Industrial and Commercial Authorities Asked How Many Convenience Measures Was Introduced in This 30 Years?
Enterprise management is registered in 1978 and play an important role in the industrial and commercial management.
Chinese Government takes decisive measures to save the market
China has adopted a series of bold and decisive measures to rescue the market, including the adjustment of the securities (stocks) stamp duty for the collection of unilateralism
Soul-stirring! Management also had four ace
A shares staged one-day 93-point reversal to turn the tide . Soul-stirring”! I am afraid that no more than two words to describe yesterday’s A share’s movement of the ups and downs.
Financial shares fell 5 or into a bounce vanguard
Yesterday’s market rebound V-type trend in the afternoon to stabilize the financial stocks rebound, drawing A stock market to appear a wave of rebound for more fierce market.
Headlines on September 19th: Straddle big Show-down
Approval of the State Council, the Ministry of Finance decided on September 19th, 2008, the stamp duty on securities transactions to adjust the policy, imposed by the existing bilateral changed to impose unilateral, tax rates 1 ‰.
Crude oil returned to rational The atmosphere bearish intensify divergence
Crude Oil: On Wednesday crude oil prices end highly, rebound strongly. Asian fuel oil followed crude oil slipping on Wednesday.
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