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."
Wednesday, July 24, 2013
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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