Xu Shanda said, he also agree with he and Mr Hu.No an economy all over the world, he argues, because the real estate tax is imposed and suppress the real estate bubble,SCH40 large diameter LSAW steel pipe the real inhibition effect to the real estate bubble is in the circulation link taxes.A tax on real estate trading links, high efficiency, less cost.
Xu Shanda think, even for a fairly long period of time, China does not have a property tax on residential conditions.A big tax policy adjustment has three essential procedure: first,schedule 40 hot dipped galvanized carbon steel pipe ASTM A106 get the conclusion from the basic consensus;Second, the drafting of the good and the detailed rules for the implementation of the tax law draft;Finally, ready to deal with issues related to form a complete set of documents.
Xu Shanda, according to some media said the state administration of taxation has pilot property tax, and other local tax bureau in the legend is not accurate.He said, the national tax administration of ongoing research to establish the market value of the property assessment system,large diameter steel pipe low pressure fluid linepipe the pilot is real estate assessment method."Comprehensive evaluation method of pilot progress very quickly, but distance, as of a current commercial real estate property tax plan tax basis can't say that has been fully mature, not to mention as a non-commercial housing property tax plan tax basis. After successful pilot evaluation method, first of all in operation must be aimed at commercial real estate tax. This and immediately to link hold a residential real estate tax is not the same thing."
Wednesday, December 25, 2013
Sunday, December 22, 2013
Iron ore
Over the years, although China is the world's biggest iron-ore consumer, but the pricing of iron ore are in the hands of a few oligarchs.High iron ore prices, China steel industry there has always been to "the three major mining work".Even if steel prices fell sharply in recent years,SCH40 large diameter LSAW steel pipe is on the high iron ore prices, steel prices decline than ore prices fall.
In fact, Chinese steel mills had a large number of to buy overseas mine ore, the most important driving force in order to improve the ore self-sufficiency, increasing the voice in the iron ore price talks, in a more favorable price get stable supply of iron ore, reduce the production cost.After several years ground operation, its effect has been seen.
Wisco, for one, after the global financial crisis in 2008, the Chinese steel mills "enclosure" at sea, in 2012 has become the world's largest steel makers in iron ore, expects its overseas iron ore in 2013 the annual output can reach 15 million tons, 2016 can be self-sufficient in iron ore comprehensive.
In fact, Chinese steel mills had a large number of to buy overseas mine ore, the most important driving force in order to improve the ore self-sufficiency, increasing the voice in the iron ore price talks, in a more favorable price get stable supply of iron ore, reduce the production cost.After several years ground operation, its effect has been seen.
Wisco, for one, after the global financial crisis in 2008, the Chinese steel mills "enclosure" at sea, in 2012 has become the world's largest steel makers in iron ore, expects its overseas iron ore in 2013 the annual output can reach 15 million tons, 2016 can be self-sufficient in iron ore comprehensive.
Thursday, October 17, 2013
China's foreign trade development is facing the external situation is still grim
Overall, although the third quarter have obviously improved than the first half of China's foreign trade growth, is also likely to remain steady growth in the fourth quarter. Of course,API 5L seamless carbon steel pipe thick wall oil tube we also clearly see that the current our country foreign trade development is facing the external situation is still grim. The United States, the European Union, Japan and other developed markets, although some recovery, but significantly slower economic growth in emerging markets, and generally appeared, currency depreciation, capital outflow phenomenon such as inflation, economic slowdown. The international monetary fund recently [microblogging] and [microblogging] with the 2013 world bank lowered its global economic growth expectations. In such a situation, in the near future, especially in September we export growth fell significantly in emerging markets. China's foreign trade over the coming months will still be faced with emerging markets in the crucible of import is obviously inadequate. At the same time, because of the appreciation of the renminbi, rising labor costs and other factors to rising the cost of exports continue to haunt the enterprise.90 degree pipe fitting long radius elbow Therefore, from the ministry of commerce recently told the survey data of the national 1900 key foreign trade companies, enterprises export orders after a brief recovery in prophase, recently there have been some repeated again. Emerging economies, in case of export orders especially volatile, business confidence is also appeared some fluctuations.
To introduce you to some of the changes of the situation in front, especially serious and complicated. In spite of this, because in July China issued a series of policies and measures to promote the development of foreign trade, improve the standards of trade facilitation, comprehensive foreign trade rising cost pressures eased, and injected new impetus to the development of foreign trade. We have also recently issued relevant documents,Electric Resistance Welded carbon steel pipe to promote the development of cross-border e-commerce related foreign trade enterprise comprehensive service and support policies also be forthcoming, these are the measures to further improve the development of foreign trade power, will be conducive to the development of foreign trade.
From the ministry of commerce and the general administration of customs in the near future the enterprise questionnaire survey, in the next two or three months, the national export total should remain a small growth situation. At the same time, the recent domestic economy stabilises rally will continue to significantly boost the growth of imports, imports in September is an obvious growth, in the next few months import will also has an obvious growth. Only in September import 74.58 million m tonnes of iron ore, has set records. There is expected to continue to grow,submerged arc welded spiral steel pipes of course, is not only a iron ore such goods. In fact I just give you posted in September some imported situation, we see a lot of imports are growing fast. Therefore, we still have confidence, after arduous efforts to achieve steady development of foreign trade throughout the year and anticipated target of the transformation and upgrading. Thank you for your questions.
To introduce you to some of the changes of the situation in front, especially serious and complicated. In spite of this, because in July China issued a series of policies and measures to promote the development of foreign trade, improve the standards of trade facilitation, comprehensive foreign trade rising cost pressures eased, and injected new impetus to the development of foreign trade. We have also recently issued relevant documents,Electric Resistance Welded carbon steel pipe to promote the development of cross-border e-commerce related foreign trade enterprise comprehensive service and support policies also be forthcoming, these are the measures to further improve the development of foreign trade power, will be conducive to the development of foreign trade.
From the ministry of commerce and the general administration of customs in the near future the enterprise questionnaire survey, in the next two or three months, the national export total should remain a small growth situation. At the same time, the recent domestic economy stabilises rally will continue to significantly boost the growth of imports, imports in September is an obvious growth, in the next few months import will also has an obvious growth. Only in September import 74.58 million m tonnes of iron ore, has set records. There is expected to continue to grow,submerged arc welded spiral steel pipes of course, is not only a iron ore such goods. In fact I just give you posted in September some imported situation, we see a lot of imports are growing fast. Therefore, we still have confidence, after arduous efforts to achieve steady development of foreign trade throughout the year and anticipated target of the transformation and upgrading. Thank you for your questions.
Friday, October 11, 2013
Its strategic resources
2013 is destined to become another one of China's futures market first.From this year, China began to enter a thrilling,hot rolled seamless steel pipe big changes of chess. Chess side is the domestic many reluctant to had resources designers commodity futures, spot, traders and downstream more numerous consumer; The other side is an early occupy the first mover advantage of overseas resources control, pricing and capital predators; Chess bets are strategic resources in the future global pricing power and the global competitiveness of China's economy.
From the first to move later,4 inch inside diameter ERW black steel pipe nan Yang thermal coal futures to the simmering dalian iron ore futures, and then to the much-anticipated by crude oil futures of the previous period, China is quietly in the big game "cloth", "fight for disaster", clever "final", "eat", to succeed. During the asphalt futures as crude oil futures pilot grabbed edges,ASTM A53 carbon steel seamless pipe Shanghai free trade zone is in the home front as crude oil futures system and legal protection.No one can guess the position of the final result, but the outcome of the scales already with China's entry into the unrest subtle...
From the first to move later zhengzhou thermal coal futures, dalian iron ore futures to gaining momentum, and then to the much-anticipated crude oil futures by the previous period.For thousands of years, yangshan deep-water port DongGangOu shenyang bay island besides the towering peak rocks and rocky ledges, hardly leave any cultural imprinting. But a few short years, the island stand rows of strewn at random have the oil tank,long radius butt weld 90 degree elbow even in this piece of DaGangOu was a giant - it is the seat of the yangshan port terminal shen. With three phase is completed, the capacity of the terminal will be more than 1.4 million square, as China and the far east's largest oil storage base of business.
From the first to move later,4 inch inside diameter ERW black steel pipe nan Yang thermal coal futures to the simmering dalian iron ore futures, and then to the much-anticipated by crude oil futures of the previous period, China is quietly in the big game "cloth", "fight for disaster", clever "final", "eat", to succeed. During the asphalt futures as crude oil futures pilot grabbed edges,ASTM A53 carbon steel seamless pipe Shanghai free trade zone is in the home front as crude oil futures system and legal protection.No one can guess the position of the final result, but the outcome of the scales already with China's entry into the unrest subtle...
From the first to move later zhengzhou thermal coal futures, dalian iron ore futures to gaining momentum, and then to the much-anticipated crude oil futures by the previous period.For thousands of years, yangshan deep-water port DongGangOu shenyang bay island besides the towering peak rocks and rocky ledges, hardly leave any cultural imprinting. But a few short years, the island stand rows of strewn at random have the oil tank,long radius butt weld 90 degree elbow even in this piece of DaGangOu was a giant - it is the seat of the yangshan port terminal shen. With three phase is completed, the capacity of the terminal will be more than 1.4 million square, as China and the far east's largest oil storage base of business.
Thursday, September 26, 2013
Iron ore futures delivery
The relevant person in charge of dalian, said in an interview with reporters that the dalian futures delivery goods first determine for powder ore and iron ore concentrate,sch160 thick wall water pipe welded steel pipe such delivery design not only conforms to our country main import trade characteristics of coarse powder, also consider the economic interests of domestic ore and ore supply balance problems inside and outside, to ensure smooth running after iron ore futures market.
In iron ore futures design, type selection is the basis of delivery of product quality standards, dalian futures delivery goods first determine for powder ore and iron ore concentrate.The relevant person in charge of dalian, said deliveries will breed for iron ore powder ore and concentrate, it mainly consider the following aspects: first,90 degree pipe fitting long radius elbow powder ore and ore concentrate is the mainstream variety in the production, consumption and trade of our country. 2012, the production of 440 million tons of iron ore production in the mine is 420 million tons of fine powder, and accounted for as high as 95%, imports of 740 million tons of iron ore in the coarse powder capacity is 560 million tons, accounting for China's iron ore powder ore and concentrate supply 83% of the total.
Second, the powder ore is one of the largest varieties in our country enterprise risk exposure. Meal occupy the mainstream in the imported iron ore, and the price of imported iron ore,large diameter ASTM end cap for water pipe inventory risk is embodied in two aspects, one is long distance ocean, China's major iron ore imports to China's shipping time is half a month, long 40 days; Second, large inventory, the average iron ore port stocks has increased from 44.6 million tons in 2007 to 2012 tonnes in 94 million, according to the low price volatility is calculated in 2011, a month in China port iron ore inventories devaluation risk in more than one hundred million yuan.
Third, the price of the powder ore good representative. The global iron ore pricing system,sch 40 Spiral Butt-welding Steel Pipes the index mechanism are collected and published in north China port cif import powder ore prices; The international market for iron ore powder ore related derivatives are also used as the benchmark for product design.
In iron ore futures design, type selection is the basis of delivery of product quality standards, dalian futures delivery goods first determine for powder ore and iron ore concentrate.The relevant person in charge of dalian, said deliveries will breed for iron ore powder ore and concentrate, it mainly consider the following aspects: first,90 degree pipe fitting long radius elbow powder ore and ore concentrate is the mainstream variety in the production, consumption and trade of our country. 2012, the production of 440 million tons of iron ore production in the mine is 420 million tons of fine powder, and accounted for as high as 95%, imports of 740 million tons of iron ore in the coarse powder capacity is 560 million tons, accounting for China's iron ore powder ore and concentrate supply 83% of the total.
Second, the powder ore is one of the largest varieties in our country enterprise risk exposure. Meal occupy the mainstream in the imported iron ore, and the price of imported iron ore,large diameter ASTM end cap for water pipe inventory risk is embodied in two aspects, one is long distance ocean, China's major iron ore imports to China's shipping time is half a month, long 40 days; Second, large inventory, the average iron ore port stocks has increased from 44.6 million tons in 2007 to 2012 tonnes in 94 million, according to the low price volatility is calculated in 2011, a month in China port iron ore inventories devaluation risk in more than one hundred million yuan.
Third, the price of the powder ore good representative. The global iron ore pricing system,sch 40 Spiral Butt-welding Steel Pipes the index mechanism are collected and published in north China port cif import powder ore prices; The international market for iron ore powder ore related derivatives are also used as the benchmark for product design.
Monday, September 23, 2013
The real estate financing policy may relax
With the establishing the mechanism of real estate regulation, real estate financing policy is likely to relax. Among them, the authorities have real estate investment trusts (REITs) related policy options to submit to the competent department in charge of,8 inch Steel Pipe sch140 release is expected. Introduced the mechanism of the policy may be accompanied by the real estate regulation and control.
The personage inside course of study says, from the current real estate financing policy implementation is not hard to see again, marketization, diversification and standardization,ASME B16.25 Welding on the pipe end cap promote the real estate industry financing will be the policy direction. Relevant departments are brewing, the mechanism of real estate regulation may be improved.
Reit is a kind of collection in the form of income issued vouchers specific the majority of investors' money, real estate investment, conducted by specialized investment management,90 degree pipe fitting long radius elbow investment proportional distribution of comprehensive income to investors trust fund. As an important means of financing of real estate securitization, REITs favored by many in the industry. Tianjin, Shanghai and other places in 2009 started to prepare related pilot, but so far, the related situation of REITs pilot, departments have not been made clear.
At present, the long-term effective mechanism of real estate regulation and control is in the making. The personage inside course of study thinks,10 XS ERW carbon steel pipe china manufacturer the real estate financing policy is likely to strengthen market direction, relax administrative controls and restrictions.Before the national federation of industry and real estate chamber of commerce nie meisheng said recently that the current policy is in the run-up, mainly reflects the integral train of thought of government and market division of labor will gradually form. Among them, in the brewing process, the mechanism of real estate regulation related to the policy of direct financing will be clear. Analysts believe that the real estate direct financing policy may win more support.
Insiders expect, suspended in the process of material assets reorganization of enterprise, and may become the real estate policy of direct financing to restart the first batch of "eat crabs".
The personage inside course of study says, from the current real estate financing policy implementation is not hard to see again, marketization, diversification and standardization,ASME B16.25 Welding on the pipe end cap promote the real estate industry financing will be the policy direction. Relevant departments are brewing, the mechanism of real estate regulation may be improved.
Reit is a kind of collection in the form of income issued vouchers specific the majority of investors' money, real estate investment, conducted by specialized investment management,90 degree pipe fitting long radius elbow investment proportional distribution of comprehensive income to investors trust fund. As an important means of financing of real estate securitization, REITs favored by many in the industry. Tianjin, Shanghai and other places in 2009 started to prepare related pilot, but so far, the related situation of REITs pilot, departments have not been made clear.
At present, the long-term effective mechanism of real estate regulation and control is in the making. The personage inside course of study thinks,10 XS ERW carbon steel pipe china manufacturer the real estate financing policy is likely to strengthen market direction, relax administrative controls and restrictions.Before the national federation of industry and real estate chamber of commerce nie meisheng said recently that the current policy is in the run-up, mainly reflects the integral train of thought of government and market division of labor will gradually form. Among them, in the brewing process, the mechanism of real estate regulation related to the policy of direct financing will be clear. Analysts believe that the real estate direct financing policy may win more support.
Insiders expect, suspended in the process of material assets reorganization of enterprise, and may become the real estate policy of direct financing to restart the first batch of "eat crabs".
Saturday, September 21, 2013
August foreign trade continues to positive thanks to state a series of policies and measures
On the business operation in China in August. Commerce ministry spokesman Shen Danyang said at the meeting,sch160 thick wall water pipe welded steel pipe in August, our country foreign trade import and export growth continued to improve, first of all, thanks to a stable foreign trade growth, structural adjustment and a series of policies and measures to vigorously promote.
Shen Danyang said, this series of vigorously promote, make our country foreign trade import and export growth continued to improve in August. Exports rose 7.2% year-on-year in August,Longitudinal Welded pipe and tube July export growth faster than 2.1%; Imports rose 7% from a year in August, although less than 10.9% growth in July, but still in good growth momentum. , "he said on July 26, general office of the state council issued" on the import and export of steady growth, adjust the structure of the several opinions,ASME Spiral Submerged Arc Welding pipe since then, the relevant departments and local research on specific measures actively, effort to carry out. For example, the ministry of commerce to cancel the 130 code of goods automatic import licensing administration, which are helpful to expand this way. General administration of quality supervision, inspection and quarantine from August 15 to 1507 general industrial manufactured goods customs commodity code is no longer with export commodity inspection, it is the enterprise has been calling for a good measures. The ministry of finance and quality supervision,200mm diameter mild steel pipe inspection and quarantine to perform five months after 2013 export method inspection fee from policy, etc."
"There is another factor is also promoting our country foreign trade import and export growth continued to good reason", said Shen Danyang, domestic economy stabilises buoyant domestic demand picks up, improvements in the international market, improve trade environment. China's manufacturing purchasing managers' index was 51% in August, it was the highest in a year. Import index 50.0%, rose by 50.0%. August crude oil, iron ore, steel imports increased 15.4%, 15.4% and 15.4% respectively. Due to the international market, especially the developed economies market demand increased, also led to China's foreign trade export growth continues to pick up.
Shen Danyang also said that in terms of the year the foreign trade situation, the current slow growth of the world economy has not been fundamental changes, especially the recent financial market turmoil on emerging economies, difficulties and pressures faced by China import and export are still not small. "However, we still believe that economic recovery gathers momentum as developed economies, with the acceleration of China's foreign trade transformation and upgrading, as we promote policy gradually, a few months after the national import and export is expected to stabilising picks up." Shen Danyang said, we are confident that through further endeavor to realize the target of foreign trade import and export growth throughout the year.
Shen Danyang said, this series of vigorously promote, make our country foreign trade import and export growth continued to improve in August. Exports rose 7.2% year-on-year in August,Longitudinal Welded pipe and tube July export growth faster than 2.1%; Imports rose 7% from a year in August, although less than 10.9% growth in July, but still in good growth momentum. , "he said on July 26, general office of the state council issued" on the import and export of steady growth, adjust the structure of the several opinions,ASME Spiral Submerged Arc Welding pipe since then, the relevant departments and local research on specific measures actively, effort to carry out. For example, the ministry of commerce to cancel the 130 code of goods automatic import licensing administration, which are helpful to expand this way. General administration of quality supervision, inspection and quarantine from August 15 to 1507 general industrial manufactured goods customs commodity code is no longer with export commodity inspection, it is the enterprise has been calling for a good measures. The ministry of finance and quality supervision,200mm diameter mild steel pipe inspection and quarantine to perform five months after 2013 export method inspection fee from policy, etc."
"There is another factor is also promoting our country foreign trade import and export growth continued to good reason", said Shen Danyang, domestic economy stabilises buoyant domestic demand picks up, improvements in the international market, improve trade environment. China's manufacturing purchasing managers' index was 51% in August, it was the highest in a year. Import index 50.0%, rose by 50.0%. August crude oil, iron ore, steel imports increased 15.4%, 15.4% and 15.4% respectively. Due to the international market, especially the developed economies market demand increased, also led to China's foreign trade export growth continues to pick up.
Shen Danyang also said that in terms of the year the foreign trade situation, the current slow growth of the world economy has not been fundamental changes, especially the recent financial market turmoil on emerging economies, difficulties and pressures faced by China import and export are still not small. "However, we still believe that economic recovery gathers momentum as developed economies, with the acceleration of China's foreign trade transformation and upgrading, as we promote policy gradually, a few months after the national import and export is expected to stabilising picks up." Shen Danyang said, we are confident that through further endeavor to realize the target of foreign trade import and export growth throughout the year.
Sunday, September 15, 2013
Action plan for prevention and control of atmospheric pollution ten specific measures
More than one is strengthen the comprehensive control, reduce pollutant emission. Comprehensive realignment of Carbon steel threaded ASME B16.9 concentric reducer
small coal-fired boilers, speeds up the key industries desulfurization and denitration, dust removal project construction. The comprehensive improvement of the dust and dining lampblack pollution. Consists car and speed up the elimination of old vehicles, vigorously develop public transportation, promotion of new energy vehicles, speed up to improve the quality of fuel oil.Second, adjusting and optimizing the industrial structure, promoting economic transformation and upgrading. Rein in energy intensive and highly polluting industries new capacity, speed up eliminating backward production capacity, resolutely stopped serious overcapacity industry construction projects.
Third, accelerate the technical transformation of enterprises, improve the scientific and technological innovation ability. Developing circular economy, strengthen energy conservation and environmental protection industries, ASTM A234 WPB Carbon Steel Equal Tee china producer promote the major environmental protection technology and equipment, product innovation and development and industrial applications.Four is to speed up the adjustment of energy structure, increase the supply of clean energy. Coal accounts for the proportion of the total energy consumption by 2017, to below 65%. Beijing-tianjin-hebei, Yangtze river delta and pearl river delta region to realize the coal consumption of negative growth.
Investment projects must be strictly access to energy conservation and environmental protection. Improve the barriers to entry, optimize the industrial layout, hydraulic equal tee carbon steel pipe fitting strictly limited in ecologically fragile or environmentally sensitive areas "projects" construction industry project.
Six is to play a role of market mechanism, improve environmental economic policies. The central government set up special funds, the implementation policy replace subsidies with awards. Perfect price, tax policy adjustment, encourage private and social capital into the prevention and control of atmospheric pollution.
Seven is to amplify the system of laws and regulations, strict supervision and management in accordance with the law. Focus on urban air quality rankings published by the state on a regular basis, JIS 5K Plate flanges the establishment of heavy pollution enterprise environmental information system of forced open. Improve the ability of environmental monitoring, increase the environmental protection law enforcement.Eight is to establish regional coordination mechanism, the overall regional environmental governance. Beijing-tianjin-hebei, Yangtze river delta regional cooperation mechanisms, establish prevention and control of atmospheric pollution of the state council and provincial governments signed the target responsibility, annual examination, strict liability shall be investigated.
Nine is to establish monitoring and early warning emergency system. Formulate and launched the emergency response plan in a timely manner, properly deal with heavy pollution weather.Ten is clear all responsibility. To mobilize the whole people to participate in an to improve air quality.
small coal-fired boilers, speeds up the key industries desulfurization and denitration, dust removal project construction. The comprehensive improvement of the dust and dining lampblack pollution. Consists car and speed up the elimination of old vehicles, vigorously develop public transportation, promotion of new energy vehicles, speed up to improve the quality of fuel oil.Second, adjusting and optimizing the industrial structure, promoting economic transformation and upgrading. Rein in energy intensive and highly polluting industries new capacity, speed up eliminating backward production capacity, resolutely stopped serious overcapacity industry construction projects.
Third, accelerate the technical transformation of enterprises, improve the scientific and technological innovation ability. Developing circular economy, strengthen energy conservation and environmental protection industries, ASTM A234 WPB Carbon Steel Equal Tee china producer promote the major environmental protection technology and equipment, product innovation and development and industrial applications.Four is to speed up the adjustment of energy structure, increase the supply of clean energy. Coal accounts for the proportion of the total energy consumption by 2017, to below 65%. Beijing-tianjin-hebei, Yangtze river delta and pearl river delta region to realize the coal consumption of negative growth.
Investment projects must be strictly access to energy conservation and environmental protection. Improve the barriers to entry, optimize the industrial layout, hydraulic equal tee carbon steel pipe fitting strictly limited in ecologically fragile or environmentally sensitive areas "projects" construction industry project.
Six is to play a role of market mechanism, improve environmental economic policies. The central government set up special funds, the implementation policy replace subsidies with awards. Perfect price, tax policy adjustment, encourage private and social capital into the prevention and control of atmospheric pollution.
Seven is to amplify the system of laws and regulations, strict supervision and management in accordance with the law. Focus on urban air quality rankings published by the state on a regular basis, JIS 5K Plate flanges the establishment of heavy pollution enterprise environmental information system of forced open. Improve the ability of environmental monitoring, increase the environmental protection law enforcement.Eight is to establish regional coordination mechanism, the overall regional environmental governance. Beijing-tianjin-hebei, Yangtze river delta regional cooperation mechanisms, establish prevention and control of atmospheric pollution of the state council and provincial governments signed the target responsibility, annual examination, strict liability shall be investigated.
Nine is to establish monitoring and early warning emergency system. Formulate and launched the emergency response plan in a timely manner, properly deal with heavy pollution weather.Ten is clear all responsibility. To mobilize the whole people to participate in an to improve air quality.
Wednesday, September 11, 2013
Logistics costs have gone up more than 2000
On January 1, 2012, transportation carbon steel seamless A106 steel pipe industry and part of modern service industry in Shanghai to carry out the "battalion to add" pilot. Its main content is in the carbon steel seamless eccentric reducer original VAT rate 17% and 13% two gears, on the basis of the new low tax rates were 11% and 6% two gears. Transport applicable tax rate of 11%, instead of the business tax rate of 3% in the past; Used for water transportation low pressure steel pipes Ancillary services and logistics according to the VAT rate of 6%, instead of the business tax rate of 5% in the past.In April 2013, the state council decided to further expand transportation industry and part of the modern service industry "camp to add" pilot, as of August 1, 2013 pilot pushed across the country.
According to measure, to increase "camp" transportation after the actual tax burden from 2% to 4%. Investigate its reason is part of the input tax deduction, relevant supporting measures did not fall to the ground.Tolls that cannot be included in the "camp" instead of the input VAT deduction, because the highway belongs to real estate investment, so the highway charge becomes can not enter the camp to increase the value added tax deduction. "Why not included in the cost tolls." The general manager, bewildered and asked, "what is the difference between this and movable property."
Transportation enterprise operating cost includes fuel consumption, tolls, artificial cost, sites such as rent, insurance (trust). Among them, the toll fee is the second big transportation cost, "2010-2013 road toll proportion in the cost of rising year by year, in 2013 is expected to account for 20.7% of the cost." To increase the general manager said, "camp", the enterprise cost, not the rose, tax rise 8%, is expected to be an additional cost of more than 2000 ten thousand yuan.
Also, "we are the whole transportation team, take the driver, his wages are far higher than other industry, the cost of each driver should now be in 7000 yuan to 10000 yuan between, why didn't this part of income into relief. If add this part, we accounted for 30% in the total cost, who will responsible for our cost increase?" Hebei a logistics enterprise executives said, "we have a profit code inside the industry logistics, but now this a no."
"Cost is higher and higher, the price is lower, and finally to logistics enterprise to bring what? Is the profits, the development of power." China logistics association vice President, chief operating officer of DeLiDe logistics corporation, worries Yun cotton said.
According to measure, to increase "camp" transportation after the actual tax burden from 2% to 4%. Investigate its reason is part of the input tax deduction, relevant supporting measures did not fall to the ground.Tolls that cannot be included in the "camp" instead of the input VAT deduction, because the highway belongs to real estate investment, so the highway charge becomes can not enter the camp to increase the value added tax deduction. "Why not included in the cost tolls." The general manager, bewildered and asked, "what is the difference between this and movable property."
Transportation enterprise operating cost includes fuel consumption, tolls, artificial cost, sites such as rent, insurance (trust). Among them, the toll fee is the second big transportation cost, "2010-2013 road toll proportion in the cost of rising year by year, in 2013 is expected to account for 20.7% of the cost." To increase the general manager said, "camp", the enterprise cost, not the rose, tax rise 8%, is expected to be an additional cost of more than 2000 ten thousand yuan.
Also, "we are the whole transportation team, take the driver, his wages are far higher than other industry, the cost of each driver should now be in 7000 yuan to 10000 yuan between, why didn't this part of income into relief. If add this part, we accounted for 30% in the total cost, who will responsible for our cost increase?" Hebei a logistics enterprise executives said, "we have a profit code inside the industry logistics, but now this a no."
"Cost is higher and higher, the price is lower, and finally to logistics enterprise to bring what? Is the profits, the development of power." China logistics association vice President, chief operating officer of DeLiDe logistics corporation, worries Yun cotton said.
Sunday, September 8, 2013
Beijing sihuan prices as Hong Kong
China index research institute (microblogging), the latest figures show the cities housing prices in August 15 180 degree elbow pipe fitting asme b16.9 steel elbow consecutive month-on-month rise. Among them, Beijing rising from the most obvious, is up 3.22%, year-on-year increase of 22.49%. Within 2013 years ago in July, Beijing sihuan commodity residential 7D Butt Welded Bend Pipe fittings house to clinch a deal for an average of 42259 yuan/sq m, up 24% year-on-year; Has roughly doubled in four years ago.
Midland realty, according to data in the year to August 2013, the famous Hong Kong 100 small and medium-sized private estates to clinch a deal for an average of 7203 Hong Kong dollars per square Hot Expanded welded spiral steel tube foot (press) of computation of building surface, about equivalent to RMB 62000 / per square meter. Among them, the location close to the third ring road in Beijing - Kowloon 8042 Hong Kong dollars per square foot of sihuan, of about 70000 yuan/square meters. And new house average price near Beijing, already up to 60000, and very close to Hong Kong, the north has up to 50000-60000 yuan/square meters. Of houses in the centre of the city is also a lot of the unit price to $80000 above, with the Hong Kong island district average approximation. If it is the school district room is almost as if house prices in Hong Kong.
However, if consider Hong Kong to buy a house is to press set inside area calculation and exchange rate factors, Beijing sihuan rates can be as Hong Kong. To middle-class families buy a set of available for ordinary residential as an example, the basic living in Hong Kong, shatin, area (the equivalent of Beijing sihuan) to buy a 70 square metre (set) in residence, approximately hk $7 million, equivalent to about 5.6 million, and in Beijing sihuan a construction area of 100 square meters, set inside of about 80 square meters of housing, is 5 million yuan RMB, the difference is not too much.
Beijing sunshine 100, deputy general manager of real estate Fan Xiaochong also told our reporter pointed out that of the first-tier cities, including Beijing house price matches the world-class cities such as Singapore and Tokyo, and cost-effective compared to these cities, there are prices artificially high.
So far, the heat of the Beijing property market is still increasing. According to centaline property market research statistics, the first eight months of the year, Beijing new housing (excluding the affordable housing) signed total 59039 sets, with a total construction area of 7.01 million square meters, the volume is the second peak of the last five years, after 2009.
In contrast with Beijing, with a record high of the Hong Kong real estate market is weak. Last August, after several regulatory policies by the government of Hong Kong, the property market trading day is cold, house prices to smooth, mainland investors also elusive. Journalists access to Hong Kong transport and housing authority land registry data found that building business contract number only in Hong Kong in August 5111, last year fell fifty percent year-on-year.
Hong Kong CIMB securities research report pointed out that Hong Kong property prices in the unstable state of bubble, estimated 2014 property prices fell 10% ~ 15%, could fall another 15% to 15% in 2015.
Midland realty, according to data in the year to August 2013, the famous Hong Kong 100 small and medium-sized private estates to clinch a deal for an average of 7203 Hong Kong dollars per square Hot Expanded welded spiral steel tube foot (press) of computation of building surface, about equivalent to RMB 62000 / per square meter. Among them, the location close to the third ring road in Beijing - Kowloon 8042 Hong Kong dollars per square foot of sihuan, of about 70000 yuan/square meters. And new house average price near Beijing, already up to 60000, and very close to Hong Kong, the north has up to 50000-60000 yuan/square meters. Of houses in the centre of the city is also a lot of the unit price to $80000 above, with the Hong Kong island district average approximation. If it is the school district room is almost as if house prices in Hong Kong.
However, if consider Hong Kong to buy a house is to press set inside area calculation and exchange rate factors, Beijing sihuan rates can be as Hong Kong. To middle-class families buy a set of available for ordinary residential as an example, the basic living in Hong Kong, shatin, area (the equivalent of Beijing sihuan) to buy a 70 square metre (set) in residence, approximately hk $7 million, equivalent to about 5.6 million, and in Beijing sihuan a construction area of 100 square meters, set inside of about 80 square meters of housing, is 5 million yuan RMB, the difference is not too much.
Beijing sunshine 100, deputy general manager of real estate Fan Xiaochong also told our reporter pointed out that of the first-tier cities, including Beijing house price matches the world-class cities such as Singapore and Tokyo, and cost-effective compared to these cities, there are prices artificially high.
So far, the heat of the Beijing property market is still increasing. According to centaline property market research statistics, the first eight months of the year, Beijing new housing (excluding the affordable housing) signed total 59039 sets, with a total construction area of 7.01 million square meters, the volume is the second peak of the last five years, after 2009.
In contrast with Beijing, with a record high of the Hong Kong real estate market is weak. Last August, after several regulatory policies by the government of Hong Kong, the property market trading day is cold, house prices to smooth, mainland investors also elusive. Journalists access to Hong Kong transport and housing authority land registry data found that building business contract number only in Hong Kong in August 5111, last year fell fifty percent year-on-year.
Hong Kong CIMB securities research report pointed out that Hong Kong property prices in the unstable state of bubble, estimated 2014 property prices fell 10% ~ 15%, could fall another 15% to 15% in 2015.
Thursday, September 5, 2013
Whether there is demand means not bubble?
If Hong Kong property market bubble has certain, said the Beijing property market bubble is facing controversy.Zhang Dawei thinks, as well as Hong Kong, there is a bubble, Beijing property market "mainly is the house price to income ratio gap is too big". From the housing price to Low pressure fluid conveying with welded steel pipe income ratio, rental housing prices than the two whether property prices reasonable measure, at present Beijing these two indicators were significantly more than the international practice.
"Beijing is one of the most severe for Seamless tube used in steam pipe purchasing cities, house prices are still rising, and that there is a lot of self living and improve the housing demand." Shanghai e-house real estate research institute researcher Su Yan believes that Beijing's housing market is demand oriented, there just needs to support, and inventory at historical lows, there is no bubble.
Wang Deyong securities analyst said that the schedule 40 galvanized steel pipe biggest difference lies in Beijing and Hong Kong, Beijing can be very severe population expansion since 2008, the housing demand, and more and more affordable home; Hong Kong property market lack the support of the local population "for nearly 20 years of slow population short radius 90 degree elbow growth, local demand is limited". Is more speculative demand, continental Europe and the United States investors have entered even pushing up prices. He pointed out that this kind of situation in Hong Kong is very risky, once expected flipped, house prices fell sharply become inevitable.
Zhang Dawei believes that demand and the bubble is not necessarily linked. More often panic demand that buy a house, not the current demand, but the demand in advance overdraft. "Although the restrictions allow some speculators away, but some people will not rule out a house used as a means of investment, there are still risks." He said, "the location advantage of Beijing is too attractive, people keep buying, play the game of musical chairs. The more the greater the risk."
Fan Xiaochong to our reporter said that housing demand, market bubbles reduced or disappeared this logic, applies only in a real market economy conditions. "Political and economic environment facing the real estate industry is relatively deformed", he points out that the unreasonable land, tax policy, pushing up prices; Civil servants, through special channels state worker can get welfare house; Beijing's restrictions limit the needs of foreigners to buy a house, hindered the natural flow of residential, contrary to general economic law. In this environment theory of supply and demand and bubbles, it won't work.
Director of the 21st century real estate market SangYu maple think, as a lot of mature market economy theory and the law can not explain the phenomenon, China's bubble theory cannot explain exactly Beijing and other cities housing prices, why is it so high, but also has been under the strict control policy. Just like people call for the deep economic reform, the existing real estate regulation and control way of thinking must be changed, to respect the economic law, on the basis of reconstruction of the whole system of real estate, otherwise will always be a elephant.
"Beijing is one of the most severe for Seamless tube used in steam pipe purchasing cities, house prices are still rising, and that there is a lot of self living and improve the housing demand." Shanghai e-house real estate research institute researcher Su Yan believes that Beijing's housing market is demand oriented, there just needs to support, and inventory at historical lows, there is no bubble.
Wang Deyong securities analyst said that the schedule 40 galvanized steel pipe biggest difference lies in Beijing and Hong Kong, Beijing can be very severe population expansion since 2008, the housing demand, and more and more affordable home; Hong Kong property market lack the support of the local population "for nearly 20 years of slow population short radius 90 degree elbow growth, local demand is limited". Is more speculative demand, continental Europe and the United States investors have entered even pushing up prices. He pointed out that this kind of situation in Hong Kong is very risky, once expected flipped, house prices fell sharply become inevitable.
Zhang Dawei believes that demand and the bubble is not necessarily linked. More often panic demand that buy a house, not the current demand, but the demand in advance overdraft. "Although the restrictions allow some speculators away, but some people will not rule out a house used as a means of investment, there are still risks." He said, "the location advantage of Beijing is too attractive, people keep buying, play the game of musical chairs. The more the greater the risk."
Fan Xiaochong to our reporter said that housing demand, market bubbles reduced or disappeared this logic, applies only in a real market economy conditions. "Political and economic environment facing the real estate industry is relatively deformed", he points out that the unreasonable land, tax policy, pushing up prices; Civil servants, through special channels state worker can get welfare house; Beijing's restrictions limit the needs of foreigners to buy a house, hindered the natural flow of residential, contrary to general economic law. In this environment theory of supply and demand and bubbles, it won't work.
Director of the 21st century real estate market SangYu maple think, as a lot of mature market economy theory and the law can not explain the phenomenon, China's bubble theory cannot explain exactly Beijing and other cities housing prices, why is it so high, but also has been under the strict control policy. Just like people call for the deep economic reform, the existing real estate regulation and control way of thinking must be changed, to respect the economic law, on the basis of reconstruction of the whole system of real estate, otherwise will always be a elephant.
Wednesday, August 28, 2013
Promotion of information consumption series of comments
Recently popular a thing called "smart bracelet", not only as a pedometer can detect human health 90 degree pipe fitting long radius elbow information, provide time for rest and exercise plan, even through mobile applications for data management and sharing, an impulse decision "tasting". But on the Internet, the United States to the JawBone, Fitbit even R=5D 45 degree long radius eblow thousands of yuan, and domestic "plump hand ring" hasn't been listed are booked up.
Point of view, as an ordinary consumer, I failed to catch up with the new trend of intelligent health. But, as a high-frequency ERW carbon steel tube journalist, I discovered a new trend to the development of the industry: a blend of sensing technology, intelligent computing, mobile intelligent hand ring, such as the Internet, and the health industry, represented by the intelligence is not countries are vigorously promoting the information consumption to expand emerging information service forms?
Inspire a new product or meet the demand of a kind of new, created a new industry, a new demand, a new industry led to a new consumption, this is the state council "about several opinions of consumption to expand domestic demand to promote information of" cultivating information consumption demand ", put forward "expand emerging information service mode," the purpose.
Point of view, as an ordinary consumer, I failed to catch up with the new trend of intelligent health. But, as a high-frequency ERW carbon steel tube journalist, I discovered a new trend to the development of the industry: a blend of sensing technology, intelligent computing, mobile intelligent hand ring, such as the Internet, and the health industry, represented by the intelligence is not countries are vigorously promoting the information consumption to expand emerging information service forms?
Inspire a new product or meet the demand of a kind of new, created a new industry, a new demand, a new industry led to a new consumption, this is the state council "about several opinions of consumption to expand domestic demand to promote information of" cultivating information consumption demand ", put forward "expand emerging information service mode," the purpose.
Tuesday, August 27, 2013
Emerging condition.and integration essence logistics
August 27th evening, emerging condition.and announcement, the company subsidiary emerging pipes (xinjiang) resources development co., LTD. With qi li international trade co., LTD., xinjiang and xinjiang essence logistics co., LTD., institutional shareholders in xinjiang day letter enterprise (group) co., LTD., urumqi city hongxin henli short radius 90 degree elbow trade co., LTD., agreed on, capital reorganization essence logistics, holding the company resources in xinjiang.
According to the reorganization scheme to all shareholders rights and interests of the essence of logistics evaluation results for 52.4011 million yuan, on the basis of resource in xinjiang, xinjiang with cash capital increase of restructuring the chests. Xinjiang capital holding essence logistics resources in cash 55.08458 million yuan, holds a 41% stake. Xinjiang in cash 26.87052 million yuan capital and essence of logistics, the long radius butt weld pipe elbow chests holds a 20% stake. Xinjiang day faith, macro, respectively, in order to hold the essence of logistics after evaluating the equity rights and interests of investment, holding essence following the restructuring of logistics were respectively 30% and 9% equity. Registered capital of the essence of logistics increased from 15 million yuan to 38.46 million yuan.
As of June 30, 2013, the essence of logistics total assets of 52.4146 million yuan, total liabilities of 53.8717 Electric Resistance welding carbon steel tube million yuan, with a net worth of 1.457 million yuan. Between January and June 2013, realize the main business income is 15.9232 million yuan, net profit of 2.124 million yuan. Assessed by the method of asset base, the essence of logistics is 49.1324 million yuan, total assets book value evaluation value of 105 million yuan, the appreciation of RMB 55.9011 million, the increment rate of 113.78%.Emerging pipes, according to the xinjiang capital restructuring after the essence of logistics resources, is committed to establish the essence of logistics as an emerging pipes for iron and steel enterprises in xinjiang's main steel products logistics platform.
In addition, to make resources integration platform, proposed by emerging pipes to launch new condition.and resources integration of investment funds, fund resource integration overall size is 8-2 billion yuan, the scale will be according to the proposed investment projects of capital requirements raised by installments.Resource integration fund each partner investment proportion is: the emerging condition.and 5-10%, financial institutions, 95-10%. The actual proportion in the fund-raising process adjust according to the parties to the venture. Resource integration funds centered to mineral resources investment projects, cast pipe products of the company BT, BOT project, ili in xinjiang agriculture and animal husbandry projects, and have good development prospects and benefits of the new industry such as investment of the project.
According to the reorganization scheme to all shareholders rights and interests of the essence of logistics evaluation results for 52.4011 million yuan, on the basis of resource in xinjiang, xinjiang with cash capital increase of restructuring the chests. Xinjiang capital holding essence logistics resources in cash 55.08458 million yuan, holds a 41% stake. Xinjiang in cash 26.87052 million yuan capital and essence of logistics, the long radius butt weld pipe elbow chests holds a 20% stake. Xinjiang day faith, macro, respectively, in order to hold the essence of logistics after evaluating the equity rights and interests of investment, holding essence following the restructuring of logistics were respectively 30% and 9% equity. Registered capital of the essence of logistics increased from 15 million yuan to 38.46 million yuan.
As of June 30, 2013, the essence of logistics total assets of 52.4146 million yuan, total liabilities of 53.8717 Electric Resistance welding carbon steel tube million yuan, with a net worth of 1.457 million yuan. Between January and June 2013, realize the main business income is 15.9232 million yuan, net profit of 2.124 million yuan. Assessed by the method of asset base, the essence of logistics is 49.1324 million yuan, total assets book value evaluation value of 105 million yuan, the appreciation of RMB 55.9011 million, the increment rate of 113.78%.Emerging pipes, according to the xinjiang capital restructuring after the essence of logistics resources, is committed to establish the essence of logistics as an emerging pipes for iron and steel enterprises in xinjiang's main steel products logistics platform.
In addition, to make resources integration platform, proposed by emerging pipes to launch new condition.and resources integration of investment funds, fund resource integration overall size is 8-2 billion yuan, the scale will be according to the proposed investment projects of capital requirements raised by installments.Resource integration fund each partner investment proportion is: the emerging condition.and 5-10%, financial institutions, 95-10%. The actual proportion in the fund-raising process adjust according to the parties to the venture. Resource integration funds centered to mineral resources investment projects, cast pipe products of the company BT, BOT project, ili in xinjiang agriculture and animal husbandry projects, and have good development prospects and benefits of the new industry such as investment of the project.
Monday, August 26, 2013
Minmetals rare earth net profit fell ninety percent
Net profit fell 94%, substantially the transcript by minmetals rare earth in the first half of 2013. And that is since the end of last year minmetals rare earth backdoor * ST aluminium since listing, the JIS MS plate flat welded forged flange company to hand over the first half of the annual report.First half of the annual net profit decline significantly, namely highlights is behind the industry slump. In fact, due to the influence of rare earth prices have tumbled in the first half of this year, the whole situation of rare earth industry is not optimistic, in addition to minmetals rare earth, baotou rare earth, xiamen tungsten, guang sheng colored net profits are also varying degrees of decline.
As one of the largest heavy rare earth separation processing enterprises in the south of minmetals rare earths, encountered the reorganization of the first year that net profit fell ninety percent.August 18, minmetals rare earth half annual report, released 2013 first-half operating income of 265.597 million yuan, down 88.89% year on year. Net profit of 10.1755 ASME B16.9 45 Deg Long Radius butt weld Elbow million yuan, down 94.46% year on year. Basic earnings per share 0.011 yuan, down 94.69%.Minmetals rare earth in half annals, explains the main reason for decline in net profit for the rare earth market weakness, rare earth products sales quantity, price and gross margin fell and some of the larger products provision.
The main reason for the "operating income fell significantly on the one hand, is in 2012 the company completed the material ASTM A106 seamless carbon steel tube assets reorganization, so the current operation ShouRuShu to implement several in rare earth current assets, and in the same period of last year's revenues are including the aluminium assets to achieve several, on the other hand this rare earth market weakness, rare earth products sales quantity, the price down." The company is half said in its annual report.
It is important to note that despite the recent rare earths prices close to a period of time the price picks up more apparent, but will not be able to make up for the company in the first half of the year."Half-year performance at 1-6 month, and the industry as a whole prices to rise up out of the time it seems too late, the company's performance is not good is very normal phenomenon." Saddle ridge information industry analyst zhang beibei told reporters.
And a perennial engaged in the rare earth industry insiders told reporters, minmetals rare earth significantly decline in performance completely understandable, restructuring its expectations for this year is down, and, on the other hand, before the restructuring, minmetals rare earth's performance has been not very stable.Data show that minmetals rare earth 2012 full-year net profit is 2012 yuan, only has obvious decline from a year earlier, down 68.87%, while the figure in 2013 and a half years in the annual report further.
"Minmetals rare earth since listed backdoor * ST b last year profit fell sharply, the main reason is due to the same period last year revenue including the aluminium assets value, on the other hand is because of rare earth in the first half of the downturn in the atmosphere." Zhuo and rare earth industry analysts edge information was told reporters.
It is understood that in the first half of this year the rare earth industry is not only the price back in 2011, jumped in front of the starting point, and at the same time also makes the rare earth enterprise faced with selling price, the humiliation of a sharp decline in profits. "Although the price is better than Chinese cabbage, but overall is still in the continuous low." While being said.And above the personage inside course of study tells a reporter, although the rare earth prices have rebounded, but may be caused by the private mining operations in short timeliness of rise, the whole, there is no substantial positive to support prices, therefore minmetals rare earth is still hard to say next.
As one of the largest heavy rare earth separation processing enterprises in the south of minmetals rare earths, encountered the reorganization of the first year that net profit fell ninety percent.August 18, minmetals rare earth half annual report, released 2013 first-half operating income of 265.597 million yuan, down 88.89% year on year. Net profit of 10.1755 ASME B16.9 45 Deg Long Radius butt weld Elbow million yuan, down 94.46% year on year. Basic earnings per share 0.011 yuan, down 94.69%.Minmetals rare earth in half annals, explains the main reason for decline in net profit for the rare earth market weakness, rare earth products sales quantity, price and gross margin fell and some of the larger products provision.
The main reason for the "operating income fell significantly on the one hand, is in 2012 the company completed the material ASTM A106 seamless carbon steel tube assets reorganization, so the current operation ShouRuShu to implement several in rare earth current assets, and in the same period of last year's revenues are including the aluminium assets to achieve several, on the other hand this rare earth market weakness, rare earth products sales quantity, the price down." The company is half said in its annual report.
It is important to note that despite the recent rare earths prices close to a period of time the price picks up more apparent, but will not be able to make up for the company in the first half of the year."Half-year performance at 1-6 month, and the industry as a whole prices to rise up out of the time it seems too late, the company's performance is not good is very normal phenomenon." Saddle ridge information industry analyst zhang beibei told reporters.
And a perennial engaged in the rare earth industry insiders told reporters, minmetals rare earth significantly decline in performance completely understandable, restructuring its expectations for this year is down, and, on the other hand, before the restructuring, minmetals rare earth's performance has been not very stable.Data show that minmetals rare earth 2012 full-year net profit is 2012 yuan, only has obvious decline from a year earlier, down 68.87%, while the figure in 2013 and a half years in the annual report further.
"Minmetals rare earth since listed backdoor * ST b last year profit fell sharply, the main reason is due to the same period last year revenue including the aluminium assets value, on the other hand is because of rare earth in the first half of the downturn in the atmosphere." Zhuo and rare earth industry analysts edge information was told reporters.
It is understood that in the first half of this year the rare earth industry is not only the price back in 2011, jumped in front of the starting point, and at the same time also makes the rare earth enterprise faced with selling price, the humiliation of a sharp decline in profits. "Although the price is better than Chinese cabbage, but overall is still in the continuous low." While being said.And above the personage inside course of study tells a reporter, although the rare earth prices have rebounded, but may be caused by the private mining operations in short timeliness of rise, the whole, there is no substantial positive to support prices, therefore minmetals rare earth is still hard to say next.
China's steel industry is facing problems of supply and demand
Citigroup large total commodities analyst at Mr. Ivan Szpakowski made entitled "China's steel industry supply and economical schedule 40 hot dipped galvanized steel pipe tide challenge" keynote speech.
He pointed out that China's iron ore imports increased dramatically, and in the next few years, several big exporter of iron ore will increase production, although at present the rise in the price of iron ore, adds to the cost of steel production, but what they know about iron ore mine profit space is in decline. The main reason is that the global iron long radius butt weld pipe elbow ore export traders in increases in the cost of cash flow, the current domestic Banks and investors pay more attention to the spot price of return on capital and profit, the influence of project decision of company is more and more carefully the operation of the project, so in the current iron ore price contract has changed, even if the contract project has API oil welded steel pipe started, but the prudent decision will still affect the project in 3 to 8 years of development in the future.
He pointed out that at present in China's economic structure adjustment, the steel industry is affected is the most large, especially focusing on environmental issues, steel consumption in China, the demand of real estate industry is very high, the other also includes infrastructure, roads, railways, pipelines and equipment demand is very high, the total accounted for 80% of the steel consumption, is China's steel production capacity surplus, to control the environmental protection while improving energy efficiency, the pressure of the steel mills profit increase.
He pointed out that China's iron ore imports increased dramatically, and in the next few years, several big exporter of iron ore will increase production, although at present the rise in the price of iron ore, adds to the cost of steel production, but what they know about iron ore mine profit space is in decline. The main reason is that the global iron long radius butt weld pipe elbow ore export traders in increases in the cost of cash flow, the current domestic Banks and investors pay more attention to the spot price of return on capital and profit, the influence of project decision of company is more and more carefully the operation of the project, so in the current iron ore price contract has changed, even if the contract project has API oil welded steel pipe started, but the prudent decision will still affect the project in 3 to 8 years of development in the future.
He pointed out that at present in China's economic structure adjustment, the steel industry is affected is the most large, especially focusing on environmental issues, steel consumption in China, the demand of real estate industry is very high, the other also includes infrastructure, roads, railways, pipelines and equipment demand is very high, the total accounted for 80% of the steel consumption, is China's steel production capacity surplus, to control the environmental protection while improving energy efficiency, the pressure of the steel mills profit increase.
Wednesday, August 21, 2013
Google Helpouts can bring inspiration for China's online education?
Focus on Google will notice a message, it is that Google is going to launch a comprehensive skills Helpouts trading platform, to participate in the cooperation of individuals and business users can use high-frequency ERW carbon steel tube skills courses or paid service, Google from smoke into 20%. Helpouts themselves is not the suppliers of online education, and only provide a platform. At present, Helpouts has invited test stage.
Through this skills online trading platform, users can get the real-time video service, from health advice to home appliance astm a234 CS seamless elbow R=1.5D repair, from education and training to food production are all included, and it is not hard to imagine that course category will continue to expand in the future.
According to TechCrunch, said Google from the end of June this year began to test the skills online trading platform. The idea behind this project is very simple: by Hangouts, Google has mastered the technology of video group chat, this makes Google online learning service possible. Since then a person wants to learn a foreign language, can never leave home to carbon steel threaded connections tee completely on Helpouts learn easily. It can be said that Google makes online education to return to the nature of "online education".
Google in the online learning platform is not the first to do the electricity, but Google did at the beginning, with its powerful influence and technical strength Google can rely on the Android system (such as the future promotion Helpouts) and real-time interactive video mode of innovation, will certainly make some education platform of OTO friends feel threatened.
Threat despite, but Google is pure "online education" is not necessarily BiSi skills education OTO platform.
Skills education OTO platform to requirements, or to go route segment, not to be taunted still can't afford to hide? EBay's SecretGuru, for example, SecretGuru is eBay in the UK last year start an online trading site, skills can be in different areas in the UK (mainly London) to realize the online payment, offline closed loop in the class. Originally made of popular, service from the art design, professional skills training, cooking, modelling, dancing, and other aspects. But lacks the function of video, makes some foreign analysts for the site in the Google Helpouts concern about the outlook in the shadow, but some analysts believe that SecretGuru offer online education courses, in large part to the material as well as the site support, such as modelling, art, dance classes, etc., these courses simply by real-time video don't have access to good effect. To bypass can perfect finish the language of video courses, health consultation and other aspects of content, occupy the niche, the future SecretGuru in Google under heavy artillery.
Through this skills online trading platform, users can get the real-time video service, from health advice to home appliance astm a234 CS seamless elbow R=1.5D repair, from education and training to food production are all included, and it is not hard to imagine that course category will continue to expand in the future.
According to TechCrunch, said Google from the end of June this year began to test the skills online trading platform. The idea behind this project is very simple: by Hangouts, Google has mastered the technology of video group chat, this makes Google online learning service possible. Since then a person wants to learn a foreign language, can never leave home to carbon steel threaded connections tee completely on Helpouts learn easily. It can be said that Google makes online education to return to the nature of "online education".
Google in the online learning platform is not the first to do the electricity, but Google did at the beginning, with its powerful influence and technical strength Google can rely on the Android system (such as the future promotion Helpouts) and real-time interactive video mode of innovation, will certainly make some education platform of OTO friends feel threatened.
Threat despite, but Google is pure "online education" is not necessarily BiSi skills education OTO platform.
Skills education OTO platform to requirements, or to go route segment, not to be taunted still can't afford to hide? EBay's SecretGuru, for example, SecretGuru is eBay in the UK last year start an online trading site, skills can be in different areas in the UK (mainly London) to realize the online payment, offline closed loop in the class. Originally made of popular, service from the art design, professional skills training, cooking, modelling, dancing, and other aspects. But lacks the function of video, makes some foreign analysts for the site in the Google Helpouts concern about the outlook in the shadow, but some analysts believe that SecretGuru offer online education courses, in large part to the material as well as the site support, such as modelling, art, dance classes, etc., these courses simply by real-time video don't have access to good effect. To bypass can perfect finish the language of video courses, health consultation and other aspects of content, occupy the niche, the future SecretGuru in Google under heavy artillery.
Tuesday, August 20, 2013
"Career planning" disguised layoffs
Due to the rejected the company's retirement plan, a called Shusaku Tani 51, SONY factory employees over the past two years have been doing nothing. Every day now, Shusaku Tani's job is to report to the ASTM A234-WPB butt-weld carbon steel cap factory in a small room, he will be sitting on a small chair, browse the web by reading newspaper or read some books of previous engineering to pass the time. Have worked in SONY for 32 years, however, Shusaku Tani will still be hurried for his "work" of the day sorting out a report.
As is known to all, in Japanese firms, for employees "lifetime employment" has always been a natural thing, while the mass layoffs have long been a "forbidden zone" of the Japanese enterprise. However, it seems the ANSI Sch40 butt welding eccentric reducer pipe fittings Japanese electronics giant SONY veteran seemed to want to change the status quo. At the same time, along with Japan's economic recovery is increasingly weak, Shinzo Abe, the prime minister, Shinzo Abe also hopes to further liberalization of layoffs for local enterprises.
To this, SONY said he put some employees in the so-called "Career planning" (Career Design Rooms) there's nothing wrong, because the company will help the employees within the "planning" in the internal or other SONY group companies find another way out. Moreover, SONY also this short radius 90 degree elbow part of the employee to provide a very generous early retirement plan, choose early retirement staff can up to 54 months 'salary. However, the analysis considered the real intention of the move is to let the employees feel "abandonment" and "no personal value", and forced them to feel too boring, and can not stand the humiliation actively choose to leave.
European and us companies, on the other hand, is usually may decline in market demand or product obsolete rapidly expand under the condition of job cuts. But if Japanese companies also follow this approach, the current structure of Japanese society is likely to have major impact, and lead to mass unemployment and income inequality.
SONY's trade union chairman Takaaki Matsuda said: "this should not be the future direction of Japan."
It is worth mentioning that there are reports that the companies such as panasonic, Toshiba and NEC also through follow SONY within companies currently carrying out the practice of "career planning" to promote job cuts.
As is known to all, in Japanese firms, for employees "lifetime employment" has always been a natural thing, while the mass layoffs have long been a "forbidden zone" of the Japanese enterprise. However, it seems the ANSI Sch40 butt welding eccentric reducer pipe fittings Japanese electronics giant SONY veteran seemed to want to change the status quo. At the same time, along with Japan's economic recovery is increasingly weak, Shinzo Abe, the prime minister, Shinzo Abe also hopes to further liberalization of layoffs for local enterprises.
To this, SONY said he put some employees in the so-called "Career planning" (Career Design Rooms) there's nothing wrong, because the company will help the employees within the "planning" in the internal or other SONY group companies find another way out. Moreover, SONY also this short radius 90 degree elbow part of the employee to provide a very generous early retirement plan, choose early retirement staff can up to 54 months 'salary. However, the analysis considered the real intention of the move is to let the employees feel "abandonment" and "no personal value", and forced them to feel too boring, and can not stand the humiliation actively choose to leave.
European and us companies, on the other hand, is usually may decline in market demand or product obsolete rapidly expand under the condition of job cuts. But if Japanese companies also follow this approach, the current structure of Japanese society is likely to have major impact, and lead to mass unemployment and income inequality.
SONY's trade union chairman Takaaki Matsuda said: "this should not be the future direction of Japan."
It is worth mentioning that there are reports that the companies such as panasonic, Toshiba and NEC also through follow SONY within companies currently carrying out the practice of "career planning" to promote job cuts.
Monday, August 19, 2013
House prices absolute data still amazing
In July, according to data compared with last month, 70 large and medium-sized cities, the city has a decrease in the prices of the four, four flat city, rising city. There are 62. Month-on-month price rises in the city, the highest 2.2%.In the same month last year, compared to a53 SCH40 steel pipe for ship building 70 large and medium-sized cities, the city has a decrease in the prices, rising city. There are 69. In July, compared with the prices in the city, up 18.3%, the highest gain than the city fell in June 7.
Judging from the number of cities with prices rising, the change is not obvious, July than in June, year-on-year rise in the number also reduce a city; At the same time, from the perspective of the index of the national average house prices rose up, according to market mechanism, the ASME B16.25 Welding on the pipe end cap average month-on-month increase in July to 0.72, has for the fourth straight month to keep the fall of the situation.
However, while from the housing prices rose city and the average monthly or data in July continued to slow, but, because of the base is more and more big, the actual market feel increase still not small, carbon steel concentric reducer gains the absolute data still amazing.
"By rigid demand and the recent price increases, and many other factors, in July 70 large and medium-sized cities in general is still a rising house prices", national bureau of statistics, the city department senior statistician LiuJianWei housing data in July in interpretation.
Zhang Dawei centaline property market research director, said in 2013 has passed more than half of China's real estate market to hand over a bright eye transcript: "2013 years ago in July the national commercial housing sales area is nearly thirty percent year-on-year growth, focus on the urban land market has nearly doubled to clinch a deal, the second-hand house price index also rose all the way, benchmarking enterprise performance good, take positive. Mainstream enterprise sales rose by more than thirty percent on average."
Judging from the number of cities with prices rising, the change is not obvious, July than in June, year-on-year rise in the number also reduce a city; At the same time, from the perspective of the index of the national average house prices rose up, according to market mechanism, the ASME B16.25 Welding on the pipe end cap average month-on-month increase in July to 0.72, has for the fourth straight month to keep the fall of the situation.
However, while from the housing prices rose city and the average monthly or data in July continued to slow, but, because of the base is more and more big, the actual market feel increase still not small, carbon steel concentric reducer gains the absolute data still amazing.
"By rigid demand and the recent price increases, and many other factors, in July 70 large and medium-sized cities in general is still a rising house prices", national bureau of statistics, the city department senior statistician LiuJianWei housing data in July in interpretation.
Zhang Dawei centaline property market research director, said in 2013 has passed more than half of China's real estate market to hand over a bright eye transcript: "2013 years ago in July the national commercial housing sales area is nearly thirty percent year-on-year growth, focus on the urban land market has nearly doubled to clinch a deal, the second-hand house price index also rose all the way, benchmarking enterprise performance good, take positive. Mainstream enterprise sales rose by more than thirty percent on average."
The Australian company losses a $749 million down yanzhou half year performance
On August 17, yanzhou overseas subsidiary company's first-half results in 2013 announcement, yanzhou coal Australia co., LTD. (hereinafter referred to as the entity to the Australian company) in the first half of the revenue of $718 million; Loss of a $749 million (4.215 billion yuan), and a $410 million profit over the same period of last year is losses.
China's coal resources network analyst Zhang Pengcheng to the "daily economic news" reporter said, high cost or the cause of entity to the Australian subsidiary losses, Australian dollar pipe fitting 45 degree LR elbows also drew huge exchange loss.
As early as July 31, yanzhou announcements in the first half of 2013 performance forecast correction, in the first half of 2013 it is expected that the company net profit loss about 2.35 billion yuan. It is reported, yanzhou currently owns a 78% stake in entity to Australian companies. According to this calculation, the Australian subsidiary to yanzhou's net profit loss of 3.288 billion yuan.
Turn entity to Australian companies profit losses is behind the Australian coal city, the change of the domestic market prices fall sharply this year, coal prices have also experienced a sharp drop Long Radius 90 Deg carbon seamless elbow in Australia. China coal broad consultation center coal analyst Zhang Zhibin told the daily economic news "reporter said, because Australian coal prices fall, leading to the Australian mining giant to sell the phenomenon such as mining, layoffs.
"This year, coal prices fell 30% in the year to now Australia." Zhang Pengcheng told reporters that entity to Australian companies related to its itself is the high cost of losses, Australia 5500 calories of thermal coal current average offshore costs about $60 - $70 / ton, but the offshore entity to Australia cost about 90 dollars/tons, and at present according to the China southern port 5500 calories of thermal coal, $77 per ton cif entity to Q235 seamless carbon steel pipe the high cost of Australian companies.
In addition, the substantial depreciation of Australian dollars for renminbi since the beginning of the year also let yanzhou bear huge exchange loss.Released on July 31, yanzhou, according to the "correct" performance prediction in the second quarter of yanzhou coal business in Australia in the 3.26 billion dollar exchange loss, directly led to the loss of the listed company.
Zhang Pengcheng told reporters that since early this year, the Australian dollar devaluation of the renminbi is as high as 15%, "this is the equivalent of Australian coal cost over there fell by 15%, but the entity in the Australian converted into RMB, loss is very big, so for the Australian dollar into RMB lost."
China's coal resources network analyst Zhang Pengcheng to the "daily economic news" reporter said, high cost or the cause of entity to the Australian subsidiary losses, Australian dollar pipe fitting 45 degree LR elbows also drew huge exchange loss.
As early as July 31, yanzhou announcements in the first half of 2013 performance forecast correction, in the first half of 2013 it is expected that the company net profit loss about 2.35 billion yuan. It is reported, yanzhou currently owns a 78% stake in entity to Australian companies. According to this calculation, the Australian subsidiary to yanzhou's net profit loss of 3.288 billion yuan.
Turn entity to Australian companies profit losses is behind the Australian coal city, the change of the domestic market prices fall sharply this year, coal prices have also experienced a sharp drop Long Radius 90 Deg carbon seamless elbow in Australia. China coal broad consultation center coal analyst Zhang Zhibin told the daily economic news "reporter said, because Australian coal prices fall, leading to the Australian mining giant to sell the phenomenon such as mining, layoffs.
"This year, coal prices fell 30% in the year to now Australia." Zhang Pengcheng told reporters that entity to Australian companies related to its itself is the high cost of losses, Australia 5500 calories of thermal coal current average offshore costs about $60 - $70 / ton, but the offshore entity to Australia cost about 90 dollars/tons, and at present according to the China southern port 5500 calories of thermal coal, $77 per ton cif entity to Q235 seamless carbon steel pipe the high cost of Australian companies.
In addition, the substantial depreciation of Australian dollars for renminbi since the beginning of the year also let yanzhou bear huge exchange loss.Released on July 31, yanzhou, according to the "correct" performance prediction in the second quarter of yanzhou coal business in Australia in the 3.26 billion dollar exchange loss, directly led to the loss of the listed company.
Zhang Pengcheng told reporters that since early this year, the Australian dollar devaluation of the renminbi is as high as 15%, "this is the equivalent of Australian coal cost over there fell by 15%, but the entity in the Australian converted into RMB, loss is very big, so for the Australian dollar into RMB lost."
Wednesday, August 14, 2013
Chinese data stabilization pull metal recovery
This week (August 5 - August 9) international metals markets for a rebound. This week in the United States, Germany, China's economic figures released by the performance is better than expected, especially China's strong economic data caused attention. In the positive data, industrial metals for a rebound, while the dollar index hit back.
China, according to the data published in July 1 - industrial production rose 9.4% year-on-year, the national investment in SCH80 Seamless Steel Pipe ASME B36.10M fixed assets rose 20.1%, were better than expected, data shows that the recent series of steady growth, structural adjustment and promote the effect of the policy of reform measures have been revealed, market sentiment continued to improve. Combined with the previously published virtue data are better than market expectations, the two countries pull industrial metals rebound sharply.London metal exchange copper futures rise continuously, the week has risen nearly 4%, $7200 / ton, closed at $7270.5 / ton, set at its highest level since two months. While the Shanghai futures exchange Shanghai copper main week has risen 2.9%, trend rebound. Domestic most analysts believe that this round of metal recovery is expected to continue, the ASME B16.9 45 Deg Long Radius butt weld Elbow market is still will be subject to the stimulation of good data, will continue to rebound in the short term.
Under the influence of metal market rebounded strongly, the dollar index in the past six days, five consecutive trading day sharply, to August 2, up to now has fallen more than 1.3%, is almost back to the starting point of the wheel.
It is worth noting that while the dollar falling, gold market, however, does not rebound trend, the international gold prices this week status, fluctuates around $1310 an ounce. A strong rebound in industrial metals and gold shakeouts again indicates that economic data stimulation is a black gas steel pipe factories in china major driver of market volatility this week, and investors pay more attention to the real economy recovery, do not care about using traditional gold hedge dollar portfolio.
China, according to the data published in July 1 - industrial production rose 9.4% year-on-year, the national investment in SCH80 Seamless Steel Pipe ASME B36.10M fixed assets rose 20.1%, were better than expected, data shows that the recent series of steady growth, structural adjustment and promote the effect of the policy of reform measures have been revealed, market sentiment continued to improve. Combined with the previously published virtue data are better than market expectations, the two countries pull industrial metals rebound sharply.London metal exchange copper futures rise continuously, the week has risen nearly 4%, $7200 / ton, closed at $7270.5 / ton, set at its highest level since two months. While the Shanghai futures exchange Shanghai copper main week has risen 2.9%, trend rebound. Domestic most analysts believe that this round of metal recovery is expected to continue, the ASME B16.9 45 Deg Long Radius butt weld Elbow market is still will be subject to the stimulation of good data, will continue to rebound in the short term.
Under the influence of metal market rebounded strongly, the dollar index in the past six days, five consecutive trading day sharply, to August 2, up to now has fallen more than 1.3%, is almost back to the starting point of the wheel.
It is worth noting that while the dollar falling, gold market, however, does not rebound trend, the international gold prices this week status, fluctuates around $1310 an ounce. A strong rebound in industrial metals and gold shakeouts again indicates that economic data stimulation is a black gas steel pipe factories in china major driver of market volatility this week, and investors pay more attention to the real economy recovery, do not care about using traditional gold hedge dollar portfolio.
Tuesday, August 13, 2013
The impact of financing of small and medium-sized enterprises not a lot of material
From the current investment finance, about the deposit, the citizens of the channel, in fact, already more and more diversified. Perspective from the bank, the bank launched a lot of wealth management products, some products than the term of two years, five years, 3 years shorter, might have a higher rate of return at the same time, but also break even, so not say how much worse than deposits, so personally I might tend to choose products. Everyone's situation is different, I tend to be more cautious and relatively conservative investments or money, that I may not be the investment risk is big, especially on completely in the future, Banks, because the cost of pipe fitting 45 degree LR elbows capital may increase, can do the business risk will also increase, the Banks will face greater risks, then I will consider, whether to choose the product with high risk.
Tooling, customer or the customer may benefit from, but the time deposit, especially as a five-year, you can get a higher interest rate of deposit, in all of the deposits accounted for the proportion of very small, so such a small deposit to rise 10%, common people or depositors receive interest, increase the income of not many. Compared to interbank lending rates is a drop in the bucket. Now the above by the bank from short-term market lending money, the money sometimes it might even be cheaper than deposit, 3% can be got, and then it through various ways, or with other financial trust companies, financial institutions, and then do the trust plan, when you go out with, and finally to the hands of the money could be as high as teens. 3%, more than 10%, the middle is relatively big difference, so that I think is 45 degree short radius pipe fitting elbows really a very big profit space and arbitrage space a place.
The present situation of financing of small and medium-sized enterprises don't have much of the material, the influence of the financing from Banks to small and medium-sized enterprise itself is just one part of each other with their own private borrowing, or from bank lending to these channels, or access to capital it is more, that this part of the cost.
Is that the four big state-owned Banks have three aspects to consider, first, is that regulators, management department have asked, not big Banks a float to, small Banks last year after the reform of interest rate, deposit rate can be 10%, small Banks can float, because your money is tight, the big Banks have this requirement, it have the effect of 90 degree pipe fitting long radius elbow stable market, can not immediately change, this is the first; The second aspect, and each bank funding situation is different, the big Banks because the network is more, absorb deposits has many channels, so it is the source of the money was relatively better, don't like the little bank somewhere in regional restriction, its funding sources may be constrained by the larger, it will raise interest rates and steady; The third aspect, why didn't the big Banks to raise interest rates to LanCun? It has a scruple, generally you raise interest rates to LanCun, you money is tight, tight funding risk, so it avoid to bring the expectations to the market, said big bank funds nervous, then a enlarge market rumors can form some bad evaluation to it, so it has no immediate action.
Tooling, customer or the customer may benefit from, but the time deposit, especially as a five-year, you can get a higher interest rate of deposit, in all of the deposits accounted for the proportion of very small, so such a small deposit to rise 10%, common people or depositors receive interest, increase the income of not many. Compared to interbank lending rates is a drop in the bucket. Now the above by the bank from short-term market lending money, the money sometimes it might even be cheaper than deposit, 3% can be got, and then it through various ways, or with other financial trust companies, financial institutions, and then do the trust plan, when you go out with, and finally to the hands of the money could be as high as teens. 3%, more than 10%, the middle is relatively big difference, so that I think is 45 degree short radius pipe fitting elbows really a very big profit space and arbitrage space a place.
The present situation of financing of small and medium-sized enterprises don't have much of the material, the influence of the financing from Banks to small and medium-sized enterprise itself is just one part of each other with their own private borrowing, or from bank lending to these channels, or access to capital it is more, that this part of the cost.
Is that the four big state-owned Banks have three aspects to consider, first, is that regulators, management department have asked, not big Banks a float to, small Banks last year after the reform of interest rate, deposit rate can be 10%, small Banks can float, because your money is tight, the big Banks have this requirement, it have the effect of 90 degree pipe fitting long radius elbow stable market, can not immediately change, this is the first; The second aspect, and each bank funding situation is different, the big Banks because the network is more, absorb deposits has many channels, so it is the source of the money was relatively better, don't like the little bank somewhere in regional restriction, its funding sources may be constrained by the larger, it will raise interest rates and steady; The third aspect, why didn't the big Banks to raise interest rates to LanCun? It has a scruple, generally you raise interest rates to LanCun, you money is tight, tight funding risk, so it avoid to bring the expectations to the market, said big bank funds nervous, then a enlarge market rumors can form some bad evaluation to it, so it has no immediate action.
Sunday, August 11, 2013
Enterprise bond issuance way
Recently, there have been GuanCheng chase, cinda real estate, wolong real estate and Shanghai zhongxing group dense debt financing, involving raised billions of dollars. It is worth noting that the bond financing has exceeded the scope of affordable housing construction.
"This could be the country by the crackdown on real estate to support the real estate policy change another step, and equity refinancing before." Deng Hao believe that real estate is a capital-intensive industry, expand the sources of financing has a positive effect on industry development.1
Specific view, enterprise, zhejiang wolong real estate on August 5, send announcement, the company plans to issue 600 million yuan of corporate bonds, to raise funds will be used in the company of affordable housing construction projects and urban village reconstruction is the building construction project. August 8, Shanghai zhongxing group issued 1.3 billion yuan SiMuZhai in inter-bank bond market, this is Shanghai real estate people regarded as the first local housing SiMuZhai.
In addition, GuanCheng chase said in a statement on August 6, the company intends to issue total does not exceed 1.8 billion yuan (contain 1.8 billion yuan) of convertible bonds, raise funds will be used in nanjing century new city residential and commercial projects. Cinda property on August 9, said the company plans to issue no more than 2.8 billion yuan (contain 2.8 billion yuan) in corporate bonds, the term is not more than seven years, to raise funds to repay debt, adjust the structure of corporate debt, and to raise the rest of the money would be added to the company's working capital, in order to improve the company's financial situation.
Chen Baocun said, "is not only the housing, the five countries implementing rules, the China banking regulatory commission on April 18th to encourage consumer demand guidance, support the terms of the 3 commercial housing. The first suite, small family commodity house is the domain of the five countries encourage originally, now that the policy allows, let go of what is reasonable." Chen Baocun added, including bank loans, and even to be accurate, may also be a limited release, of course, because of the steady monetary policy and the same.
"This could be the country by the crackdown on real estate to support the real estate policy change another step, and equity refinancing before." Deng Hao believe that real estate is a capital-intensive industry, expand the sources of financing has a positive effect on industry development.1
Specific view, enterprise, zhejiang wolong real estate on August 5, send announcement, the company plans to issue 600 million yuan of corporate bonds, to raise funds will be used in the company of affordable housing construction projects and urban village reconstruction is the building construction project. August 8, Shanghai zhongxing group issued 1.3 billion yuan SiMuZhai in inter-bank bond market, this is Shanghai real estate people regarded as the first local housing SiMuZhai.
In addition, GuanCheng chase said in a statement on August 6, the company intends to issue total does not exceed 1.8 billion yuan (contain 1.8 billion yuan) of convertible bonds, raise funds will be used in nanjing century new city residential and commercial projects. Cinda property on August 9, said the company plans to issue no more than 2.8 billion yuan (contain 2.8 billion yuan) in corporate bonds, the term is not more than seven years, to raise funds to repay debt, adjust the structure of corporate debt, and to raise the rest of the money would be added to the company's working capital, in order to improve the company's financial situation.
Chen Baocun said, "is not only the housing, the five countries implementing rules, the China banking regulatory commission on April 18th to encourage consumer demand guidance, support the terms of the 3 commercial housing. The first suite, small family commodity house is the domain of the five countries encourage originally, now that the policy allows, let go of what is reasonable." Chen Baocun added, including bank loans, and even to be accurate, may also be a limited release, of course, because of the steady monetary policy and the same.
Friday, August 9, 2013
Positive attitude towards exports is mainly influenced by European and American demand picks up
Ding Shuang said, active export situation may continue for a period of time, mainly in Europe, countries such as the us and UK PMI is improved a lot, more than expected, China's PMI in export orders are also improved.But Chinese officials apparently is not so optimistic, another ministry of commerce, he says, is the weak external demand is nearly 2 years of China's foreign trade will always need to face a problem for a long time, under this premise, won't appear a big increase in foreign trade.Minister of commerce gao hucheng had also been in the face of said in an interview with CCTV, about 20% of high-speed growth age has in the past, at present, China's resources, 1/2"-48" ERW carbon steel pipe ASTM A106/A53 energy and the production, and so on can't support such rapid growth.
In addition, rising labor costs and international trade protectionism look up, before China's foreign trade is also an inevitable problem. Finally, the RMB exchange rate appreciation and financial system reform, the foreign trade also has a short and can not be ignored."The reason to complete 8% of the target is still confident, because we also see some positive factors." The ministry of commerce said.On 24 July 18th of the state Long Radius 90 Deg carbon seamless elbow council executive meeting adopted the "about promoting the steady growth of import and export, adjust the structure of the several opinions, for 12 measures to lightens the burden of foreign trade enterprises.
Although details have yet, but look from the surface, from financial insurance policy has covered (at ease) service to customs clearance link, and then to many aspects, such as tax cuts, especially for small and micro enterprise, private enterprise's support vigorously, the steady growth of import and export at the same time, also further promote the structural adjustment.On July 31, the national business system promote the steady growth of import and export restructuring work conference was held in Beijing. It was at this meeting, in the second half of the foreign trade situation is Hot rolled galvanized carbon steel pipe as "vigilance" + "optimistic".
Conference, as a beneficial supplement of the multilateral trading system, free trade zone in 2013 appeared the momentum of rapid development. Reached in early China - free trade zone, Iceland's recent deals in the free trade area, and has been basically formed the framework of the China and South Korea free trade area, RECP, China, Japan and South Korea, Australia and so on in advance, the development of the free trade area has provided China with the rest of the world trade facilitation conditions, can be said to be the development of foreign trade and a booster.
Conference pointed out that, from an objective fact, in 2012 China's exports accounted for eleven percent of global share, and get rid of Europe and the United States, and other traditional markets, as well as emerging markets such as the bric countries, China's exports to some developed countries such as the Czech republic, Switzerland accounts for less than 5% of its imports, this country is not a few, that is enough to show that "made in China" everywhere yes arguments are overstated, potential of China's foreign trade is far from fully developed. "Export problems at present, more and more difficult to domestic manufacturing industry development environment, in the short term, the appreciation of the renminbi too fast. Because of not external market problem, so as long as the adjustment measures in place, hand in hand with the development of foreign trade and national economy, all the year round to maintain 6% 8% growth, no problem." The ministry of commerce international trade and economic coorporation of said.
In addition, rising labor costs and international trade protectionism look up, before China's foreign trade is also an inevitable problem. Finally, the RMB exchange rate appreciation and financial system reform, the foreign trade also has a short and can not be ignored."The reason to complete 8% of the target is still confident, because we also see some positive factors." The ministry of commerce said.On 24 July 18th of the state Long Radius 90 Deg carbon seamless elbow council executive meeting adopted the "about promoting the steady growth of import and export, adjust the structure of the several opinions, for 12 measures to lightens the burden of foreign trade enterprises.
Although details have yet, but look from the surface, from financial insurance policy has covered (at ease) service to customs clearance link, and then to many aspects, such as tax cuts, especially for small and micro enterprise, private enterprise's support vigorously, the steady growth of import and export at the same time, also further promote the structural adjustment.On July 31, the national business system promote the steady growth of import and export restructuring work conference was held in Beijing. It was at this meeting, in the second half of the foreign trade situation is Hot rolled galvanized carbon steel pipe as "vigilance" + "optimistic".
Conference, as a beneficial supplement of the multilateral trading system, free trade zone in 2013 appeared the momentum of rapid development. Reached in early China - free trade zone, Iceland's recent deals in the free trade area, and has been basically formed the framework of the China and South Korea free trade area, RECP, China, Japan and South Korea, Australia and so on in advance, the development of the free trade area has provided China with the rest of the world trade facilitation conditions, can be said to be the development of foreign trade and a booster.
Conference pointed out that, from an objective fact, in 2012 China's exports accounted for eleven percent of global share, and get rid of Europe and the United States, and other traditional markets, as well as emerging markets such as the bric countries, China's exports to some developed countries such as the Czech republic, Switzerland accounts for less than 5% of its imports, this country is not a few, that is enough to show that "made in China" everywhere yes arguments are overstated, potential of China's foreign trade is far from fully developed. "Export problems at present, more and more difficult to domestic manufacturing industry development environment, in the short term, the appreciation of the renminbi too fast. Because of not external market problem, so as long as the adjustment measures in place, hand in hand with the development of foreign trade and national economy, all the year round to maintain 6% 8% growth, no problem." The ministry of commerce international trade and economic coorporation of said.
Thursday, August 8, 2013
In the second half of the investment growth or pick up
Despite the steady investment work pressure, but looking in the second half, most experts still expressed cautious optimism.
"Gross fixed capital formation rate is likely to rebound, it mainly based on two aspects of judgment." At Peking University, 1/2"-48" ERW carbon steel pipe ASTM A106/A53 vice President liu wei said to the economic information daily, reporter, one is the infrastructure investment growth is likely to rebound. Infrastructure investment in China, 2012 experienced a decline in the process of narrowing and increases month by month from month to month, especially railway investment from January to February dropped 44. 4%, to 2.4% from January to December. Estimated 2013 infrastructure investment growth is likely to rebound than in 2012. Second, the real estate development investment growth is likely to rebound. Affected by the real estate market regulation policy, liu said, starting in December 2009, commercial housing sales area of cumulative growth shows down trend, early in 2012 to reach the bottom, but a substantial rebound gradually since 2012. January and February, the area of commercial housing sales fell 14.0% year on year, then decline narrowed from month to month, from January to November to positive growth of 2.4%, annual growth of 1.8%. Commercial housing sales area of growth is likely to continue to rebound in 2013. Since 2008, the area of commercial housing sales growth trend has important effects on real estate development investment growth trend, and so a growth rate of commercial housing sales area rebound will pull the real estate development investment Long Radius 90 Deg carbon seamless elbow growth picks up.
Tang Jianwei believes that although the worry about the real estate bubble and the local debt risk, but considering the economic downward pressure is bigger, has is unlikely to further tightening policy, real estate and financing platform and the extensive capital inflows, real estate and infrastructure investment is expected to years could still maintaining high growth. He expects 2013 of fixed assets investment growth of about 20.4%, Hot rolled galvanized carbon steel pipe slightly lower than last year.
China merchants securities research and development centers, research director at the macro Xie Yaxuan said, the steady growth of policy eased since July after the market pessimism, turn shantytowns into new housing areas, railway investment, urban infrastructure construction is the important means of steady growth, and a politburo meeting July 30, emphasis on "reasonable investment growth". This is conducive to the stability of investment growth.
"Gross fixed capital formation rate is likely to rebound, it mainly based on two aspects of judgment." At Peking University, 1/2"-48" ERW carbon steel pipe ASTM A106/A53 vice President liu wei said to the economic information daily, reporter, one is the infrastructure investment growth is likely to rebound. Infrastructure investment in China, 2012 experienced a decline in the process of narrowing and increases month by month from month to month, especially railway investment from January to February dropped 44. 4%, to 2.4% from January to December. Estimated 2013 infrastructure investment growth is likely to rebound than in 2012. Second, the real estate development investment growth is likely to rebound. Affected by the real estate market regulation policy, liu said, starting in December 2009, commercial housing sales area of cumulative growth shows down trend, early in 2012 to reach the bottom, but a substantial rebound gradually since 2012. January and February, the area of commercial housing sales fell 14.0% year on year, then decline narrowed from month to month, from January to November to positive growth of 2.4%, annual growth of 1.8%. Commercial housing sales area of growth is likely to continue to rebound in 2013. Since 2008, the area of commercial housing sales growth trend has important effects on real estate development investment growth trend, and so a growth rate of commercial housing sales area rebound will pull the real estate development investment Long Radius 90 Deg carbon seamless elbow growth picks up.
Tang Jianwei believes that although the worry about the real estate bubble and the local debt risk, but considering the economic downward pressure is bigger, has is unlikely to further tightening policy, real estate and financing platform and the extensive capital inflows, real estate and infrastructure investment is expected to years could still maintaining high growth. He expects 2013 of fixed assets investment growth of about 20.4%, Hot rolled galvanized carbon steel pipe slightly lower than last year.
China merchants securities research and development centers, research director at the macro Xie Yaxuan said, the steady growth of policy eased since July after the market pessimism, turn shantytowns into new housing areas, railway investment, urban infrastructure construction is the important means of steady growth, and a politburo meeting July 30, emphasis on "reasonable investment growth". This is conducive to the stability of investment growth.
Telecom brewing in the kind of micro letter application
It is understood that the class telecom cooperate with netease launched in micro letter application, support sending text and voice messages, pictures, video calls, group chat, send text messages to three carriers cut in for free, but also have fixed-line voice message function, the user end send voice to fixed end by mobile phones, fixed-line will since electricity tips have a voicemail, fixed-line can choose after listening to tip the number keys to reply. In addition, the application in the future are likely to dock with the IPTV, support free speech communication between intelligent terminal and IPTV, netease mail large user base, can be used to send voice and video to the user mailbox, implement unified communications services. The final name of the 1/2"-48" ERW carbon steel pipe ASTM A106/A53 application, however, there is fog, the southern metropolis daily and other media revealed that it will be named as "ding ding", but in the cooperative communication is base of insiders revealed, "ding ding" name has been rejected, and the applications or will return to the original ideas of "easy" letter.
The birth of the application is considered to be a win-win cooperation between telecom and netease. The future netease will put its registered users associated with it, to push information; Telecom will use netease mail of more than 550 million users and more than 120 million news client, it was very large user base to further expand. But the industry for the Long Radius 90 Deg carbon seamless elbow prospects of the application is not completely, one reason is the micro letter OTT businesses such as shock, in the second, after moving to fly to chat and other similar business failure, to try make the industry's attitude is more cautious.
Fly to chat on September 28, 2011, is China mobile launched a free voice messages sent by mobile phone network, images and text, can be single and group chat mobile communications software. Contrast the fetion business is still "online", fly to chat set look more open: can be Hot rolled galvanized carbon steel pipe seamlessly across mobile platforms and carriers, without both parties are mobile users, both don't have to download the client... But in actual operation, to fly to chat more walk more narrow road. The "death", the industry has many, including operators in such aspects as personnel, system are complicated, there is another point is that fly to chat once rise, eating will be moving their share of the business, so operators for this type of business, has always been difficult to support. Wang lixin telecommunications experts, in the end, this phenomenon is the result of operators influence to consumer. He believes that the future development of the mobile Internet will not the channel is king, content is king, terminal is king, but how can let the consumer recognition value. At this point, the influence of the carrier has lagged behind the OTT enterprises.
The birth of the application is considered to be a win-win cooperation between telecom and netease. The future netease will put its registered users associated with it, to push information; Telecom will use netease mail of more than 550 million users and more than 120 million news client, it was very large user base to further expand. But the industry for the Long Radius 90 Deg carbon seamless elbow prospects of the application is not completely, one reason is the micro letter OTT businesses such as shock, in the second, after moving to fly to chat and other similar business failure, to try make the industry's attitude is more cautious.
Fly to chat on September 28, 2011, is China mobile launched a free voice messages sent by mobile phone network, images and text, can be single and group chat mobile communications software. Contrast the fetion business is still "online", fly to chat set look more open: can be Hot rolled galvanized carbon steel pipe seamlessly across mobile platforms and carriers, without both parties are mobile users, both don't have to download the client... But in actual operation, to fly to chat more walk more narrow road. The "death", the industry has many, including operators in such aspects as personnel, system are complicated, there is another point is that fly to chat once rise, eating will be moving their share of the business, so operators for this type of business, has always been difficult to support. Wang lixin telecommunications experts, in the end, this phenomenon is the result of operators influence to consumer. He believes that the future development of the mobile Internet will not the channel is king, content is king, terminal is king, but how can let the consumer recognition value. At this point, the influence of the carrier has lagged behind the OTT enterprises.
Wednesday, July 24, 2013
Experts argue that China should speed up reform and production efficiency
Xinhua Frankfurt July 18 (xinhua RaoBo philosophy) in view of the situation in the first half of this year China's Carbon steel elbow 180 Degree a234 wpb economic growth is slowing, two German economists told xinhua in an interview that China's economy or high-growth era has been in the past, but the following is an important window of adjustment of economic structure and industrial pattern. China should accelerate financial reforms in areas such as science and technology innovation, to ensure continuous improve labor productivity, and to support further development.
German think-tank, the European center for economic research (ZEW) of the international financial market and financial management, deputy director of research department, Gunnar, lang said, from the center for economic research for the development of global economic sentiment index several investigations business executives and economists see, "we found no 1.5D carbon steel pipe fitting elbows signs of China's economic growth will appear fracture".
He said that most of the respondents believe that the future for a period, China's financial market reforms will have positive progress, the public wealth will also increase, which will promote the Chinese domestic consumption, support economic growth. And, of course, some adverse factors exist, such as steel, metallurgy and machinery manufacturing industries such as excess capacity. The current world economy with weak demand for these industries, may put downward pressure on the Chinese economy.
Earlier this month, ZEW released for the first time cooperation with fudan university to develop "China monthly economic sentiment index", investigated 63 economic experts around the world. 42% of the respondents said China's economy to the middle of next year will be improved, 33.8% think there might be slight slowdown. The vast majority of respondents thought the coming year will also increase China's overseas direct investment.
Frankfurt management university of finance and economics economist Philip told reporters that Boeing has recently implemented a more prudent monetary policy in China, and the false foreign trade increased the crackdown, which lead to liquidity support from Banks and the real economy declined, partly due to the short term decline in economic growth.
Boeing argues that China maintains 8% of high growth rate as previously may have been impossible, but even if growth is around 7.5%, compared with the rest of the world, especially the developed economies, speed is still amazing. Growth decline, meanwhile, also suggests that the Chinese used to depend on the economic growth mode cannot adapt to the new situation, and make a major adjustment of the time has come.
He believes that China's economic development changes in the environment including the appreciation of the renminbi in export industries declining competitiveness, labor cost advantage weaken and even disappear. If want to continue to grow in China, is the key to improve labor productivity, to high value-added labor-intensive production from the previous production mode change, scientific and technological innovation driver. "We have noticed that the Chinese government is taking all necessary measures to increase investment in research and development and the protection of intellectual property rights, promote enterprise's innovation."
German think-tank, the European center for economic research (ZEW) of the international financial market and financial management, deputy director of research department, Gunnar, lang said, from the center for economic research for the development of global economic sentiment index several investigations business executives and economists see, "we found no 1.5D carbon steel pipe fitting elbows signs of China's economic growth will appear fracture".
He said that most of the respondents believe that the future for a period, China's financial market reforms will have positive progress, the public wealth will also increase, which will promote the Chinese domestic consumption, support economic growth. And, of course, some adverse factors exist, such as steel, metallurgy and machinery manufacturing industries such as excess capacity. The current world economy with weak demand for these industries, may put downward pressure on the Chinese economy.
Earlier this month, ZEW released for the first time cooperation with fudan university to develop "China monthly economic sentiment index", investigated 63 economic experts around the world. 42% of the respondents said China's economy to the middle of next year will be improved, 33.8% think there might be slight slowdown. The vast majority of respondents thought the coming year will also increase China's overseas direct investment.
Frankfurt management university of finance and economics economist Philip told reporters that Boeing has recently implemented a more prudent monetary policy in China, and the false foreign trade increased the crackdown, which lead to liquidity support from Banks and the real economy declined, partly due to the short term decline in economic growth.
Boeing argues that China maintains 8% of high growth rate as previously may have been impossible, but even if growth is around 7.5%, compared with the rest of the world, especially the developed economies, speed is still amazing. Growth decline, meanwhile, also suggests that the Chinese used to depend on the economic growth mode cannot adapt to the new situation, and make a major adjustment of the time has come.
He believes that China's economic development changes in the environment including the appreciation of the renminbi in export industries declining competitiveness, labor cost advantage weaken and even disappear. If want to continue to grow in China, is the key to improve labor productivity, to high value-added labor-intensive production from the previous production mode change, scientific and technological innovation driver. "We have noticed that the Chinese government is taking all necessary measures to increase investment in research and development and the protection of intellectual property rights, promote enterprise's innovation."
Tuesday, July 23, 2013
Bernanke's testimony to influence market focus to economic fundamentals
O wisdom news agency, July 19 - mike, overnight better-than-expected U.S. economic data but no new federal reserve chairman Ben bernanke's testimony to speak, the market is gradually digestion policy expectations, the dollar index overnight at high after 83 mark again pared gains. And U.S. companies from beautiful, said the s&p hit a record high.
Overnight the us initial jobless claims last week released significantly better than expected, change a swooning state before, soothe investor worries about U.S. job market recovery; In July also released overnight Philadelphia fed's manufacturing index is significantly better Carbon steel elbow 180 Degree a234 wpb than expected, data set a the biggest gain since 2003, suggests that American manufacturing is accelerating recovery.
And Mr Bernanke's testimony, and basic there was no difference on Wednesday, the market gradually turned its focus to economic fundamentals. Bernanke mentioned for many times, whether out of quantitative easing (qe), the key lies in the performance of the us economy.
Overnight ratings agency moody's confirmed the U.S. AAA credit rating, at the same time the prospect raised to 1/2 inch Seamless Steel Pipe ASTM A53 SCH40 stable from negative, but the influence on currency co., LTD.
IMF chief Christine lagarde, said the European central bank's Arsenal have weapons, can be used when necessary. Meaning if you need, the European central bank could take more measures. Weak this seems to suggest that, if the eurozone's economic recovery and follow-up could also take further policy easing.
Market lacks key data today, the city proper may focus on Japan all industrial activity index, synchronous indicators may 1/2"-48" ERW carbon steel pipe ASTM A106/A53 lead/final value.
European plate before proper attention to Italy in May industrial orders and sales data, German producer prices in June. European time focus on the UK public sector balance may short and public sector net borrowing data in May.
Night need to focus on Canada June's consumer price index, if the data changed little, estimate the influence of the Canadian dollar against the dollar will be limited.
The G20 finance ministers and central bank governor, is the focus of the conference, the parties to the current global economic situation, meeting to end on July 20, the influence on currency or next week.
Overnight the us initial jobless claims last week released significantly better than expected, change a swooning state before, soothe investor worries about U.S. job market recovery; In July also released overnight Philadelphia fed's manufacturing index is significantly better Carbon steel elbow 180 Degree a234 wpb than expected, data set a the biggest gain since 2003, suggests that American manufacturing is accelerating recovery.
And Mr Bernanke's testimony, and basic there was no difference on Wednesday, the market gradually turned its focus to economic fundamentals. Bernanke mentioned for many times, whether out of quantitative easing (qe), the key lies in the performance of the us economy.
Overnight ratings agency moody's confirmed the U.S. AAA credit rating, at the same time the prospect raised to 1/2 inch Seamless Steel Pipe ASTM A53 SCH40 stable from negative, but the influence on currency co., LTD.
IMF chief Christine lagarde, said the European central bank's Arsenal have weapons, can be used when necessary. Meaning if you need, the European central bank could take more measures. Weak this seems to suggest that, if the eurozone's economic recovery and follow-up could also take further policy easing.
Market lacks key data today, the city proper may focus on Japan all industrial activity index, synchronous indicators may 1/2"-48" ERW carbon steel pipe ASTM A106/A53 lead/final value.
European plate before proper attention to Italy in May industrial orders and sales data, German producer prices in June. European time focus on the UK public sector balance may short and public sector net borrowing data in May.
Night need to focus on Canada June's consumer price index, if the data changed little, estimate the influence of the Canadian dollar against the dollar will be limited.
The G20 finance ministers and central bank governor, is the focus of the conference, the parties to the current global economic situation, meeting to end on July 20, the influence on currency or next week.
Auscultation building hardware industry for the industry "fly"
Building hardware began playing iron foundry, coppersmith, tinsmith shop manual mill, etc. China's workshop in tang dynasty had the nail, screw, bolt, lock the by hand forge, knocker, etc. But because of the ancient architecture with wooden and stone structures, building hardware development is slow in the past thousands of years. With the widespread use of metal material and the need of social life, building hardware development rapidly, appeared a lot of production of steel nails, hinge, bolt, the hook, water mouth valve parts, metal wire woven wire netting, etc. Small factory or workshops. Later gradually instead of hand made using mechanical processing equipment, has formed many black gas steel pipe factories in china specialized enterprises, is now building hardware industry have made great progress.
A, doors and Windows and doors and Windows hardware fittings
With the development of industrialization of residential construction in our country to the traditional material of doors and Windows has been replaced with the new material of doors and Windows, doors and Windows hardware fittings to cater to the development of new materials. Now people pay more and more attention to the function of doors and Windows, and function is made by hardware fittings, so the hardware innovation is the main A106b steel tube large diameter ERW steel pipe task of the industry recently.
Second, bathroom hardware accessories
On behalf of as the flower is aspersed, towel racks, etc for belt bathroom hardware accessories are necessary for decoration. With the improvement of living standards, consumer demand for fittings are also increasingly rich, the production requirements more and more is also high. During the "twelfth five-year", the design of the flower is aspersed to based on the principle of energy saving, water saving, pay more attention to the design of humanization.
Third, the faucet industry
Faucet industry historical development is relatively long, more than ten years, great changes have taken place in the industry, so far, the industry has 10 companies won the award for the "China famous API 5L X65 Steel Pipe brand" products, there are 7 enterprises win the title of "Chinese famous brand" products. In the next 5 to 10 years. The industry output value over one hundred million yuan of enterprise will be more than 1, 100, the entire industry output value will reach 100 billion yuan, so to speak, faucet product foreground is very vast.
Fourth, lock industry
Locks are traditional hardware industry in China, many brands at home and abroad have a higher visibility, become one of the hardware industry export large. Lock industry in China has been number is numerous, but mostly on a smaller scale, backward technology, the product is low, competition ability is poorer, truly independent research and development ability and directly participate in international competition, the enterprise also is too little, the revitalization of China -- a long way to go.
A, doors and Windows and doors and Windows hardware fittings
With the development of industrialization of residential construction in our country to the traditional material of doors and Windows has been replaced with the new material of doors and Windows, doors and Windows hardware fittings to cater to the development of new materials. Now people pay more and more attention to the function of doors and Windows, and function is made by hardware fittings, so the hardware innovation is the main A106b steel tube large diameter ERW steel pipe task of the industry recently.
Second, bathroom hardware accessories
On behalf of as the flower is aspersed, towel racks, etc for belt bathroom hardware accessories are necessary for decoration. With the improvement of living standards, consumer demand for fittings are also increasingly rich, the production requirements more and more is also high. During the "twelfth five-year", the design of the flower is aspersed to based on the principle of energy saving, water saving, pay more attention to the design of humanization.
Third, the faucet industry
Faucet industry historical development is relatively long, more than ten years, great changes have taken place in the industry, so far, the industry has 10 companies won the award for the "China famous API 5L X65 Steel Pipe brand" products, there are 7 enterprises win the title of "Chinese famous brand" products. In the next 5 to 10 years. The industry output value over one hundred million yuan of enterprise will be more than 1, 100, the entire industry output value will reach 100 billion yuan, so to speak, faucet product foreground is very vast.
Fourth, lock industry
Locks are traditional hardware industry in China, many brands at home and abroad have a higher visibility, become one of the hardware industry export large. Lock industry in China has been number is numerous, but mostly on a smaller scale, backward technology, the product is low, competition ability is poorer, truly independent research and development ability and directly participate in international competition, the enterprise also is too little, the revitalization of China -- a long way to go.
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