The water of credit funds in part to the real economy

Purpose of shadow banking governance, obviously, is the water of truncated the current massive credit through or Ming or dark channels involved in real estate, through leverage amplification debt and house prices are rising, which lead the water of credit funds in part to the real economy.We may question the effect how, but treatment is better than a lot better than not governance,SCH40 large diameter LSAW steel pipe this benefit is good for the economy, not just for the whole China's real estate market, in order to avoid the tragedy of the "Titanic", orderly rational financial order is necessary.

In yesterday's "second annual leading innovation and development of China's financial industry peak BBS", participants around the theme of "financial reform to start" is to explore China's financial industry under the background of global change and breakthrough way published his views.In hou, deputy director of the state council development research center,xs long radius 90 degree welded carbon steel elbow the original financial as configuration of resources should let the market play a decisive role, and the decisive role of one of the most important standard, is the interest rate marketization.

In terms of interest rate marketization and the relationship between money supply and demand, hou think, first of all, money supply and demand should be rational, is determined by the market, rather than the government will, by the interference;Second, the supply and demand of funds should be balanced;Again, both in money supply and demand,Long Radius 90 Deg carbon seamless elbow should be a more stable, balanced capital supply and demand environment, should not be ups and downs;Finally, to form a relatively sufficient competition between financial institutions, otherwise, it is hard to achieve the marketization of interest rate.

State council's reply about agreed to set up shaanxi west salty new district

General office of the state council said the state council on agreed to set up in shaanxi salt district ".Reply noted that agreed to set up in shaanxi salt district,high frequency electric resistance welded ASTM A106/A53/API 5L steel pipe and asked in shaanxi province government to strengthen the leadership, improve the work mechanism, clear responsibilities.West salty, between the new city is located in xi 'an of shaanxi province and XianYangShi proper area relating to both xi 'an and xianyang city 7 had jurisdiction over county (district) 23 towns and neighborhood offices, planning control area of 882 square kilometers.

Salty "approval", points out that the construction of the west new district as the important measures to further implement the strategy of west development, exploration and practice of human-centered new path of urbanization with Chinese characteristics, the process of integration of xi 'an, xianyang, for the construction of xi 'an become rich historical and cultural features of modern city,ASTM 2 inch black painting Seamless Steel Pipe china suppliers expand the depth and breadth of the west and opening in China play a positive role.

"Approval", according to west salty new city construction to holding the great banner of socialism with Chinese characteristics, with deng xiaoping theory and "three represents" important thought, the concept of scientific development as guidance, closely around the innovation city development mode, industrial agglomeration, talent resource intensive, focused, and ecological civilization development road, promote industrialization, informatization, urbanization and agricultural modernization synchronous development, focus on building of the silk road economic belt important fulcrum,ASTM A234 seamless eccentric reducer for high Temperature Service focus on science and technology resources as a whole, focus on the development of high-tech industries, and strive to improve the system of the integration of urban and rural development mechanism, and strive to protect the ecological environment and historical culture, focus on innovation systems and mechanisms, to west salty new city construction has become an important hub open to the west of our country, the new engine in the development of the western region and an example of a new type of urbanization with Chinese characteristics.

Shipbuilding enterprises three indexes mixed

1 ~ 11 months, 39 key monitoring the shipbuilding enterprises of shipbuilding completed 32.07 million deadweight tons, fell 28.8% year on year;Undertake new ship orders 49.55 million deadweight tons, up 253%;At the end of November, carrying ship order 108.96 million deadweight tons, up 7.7% from a year earlier.
1 ~ 11 months, 39 key monitoring completed shipbuilding enterprises export 27.22 million deadweight tonnage ship,carbon steel seamless eccentric reducer fell 28.9% year on year;Undertake export orders ship 46.13 million deadweight tons, up 319%;At the end of November, with export ship order 95.44 million deadweight tons, up 13.7% from a year earlier.Export ship respectively key shipbuilding enterprise completions, new orders, handheld orders were 84.9%, 93.1% and 87.6%.

For the commodity

China is already the world's largest country in non-ferrous metals. "China factor" is the world nonferrous metal pricing system plays a more and more important role, the global non-ferrous metal pricing center show eastward.In fact, China has increased significantly this year for commodities international pricing power. Gold futures market launch of the previous period of continuous trading by the market,carbon steel spiral welded tube strengthen the linkage between domestic market and international market. Gold futures trading volume and therefore increase sharply.

In has listed some of the varieties, some species have influence on the world. Among them,ASME B16.9 Butt Welded reducing tee non-ferrous metals of copper is a paragon.General manager of the Shanghai futures exchange Liu Nengyuan said recently that China is already the world's largest country in the non-ferrous metal. Shanghai futures price of LME prices change present more and more obvious guiding ability, "China factor" is the world nonferrous metal pricing system plays a more and more important role, the global non-ferrous metal pricing center show eastward.

"A listed futures products, not necessarily a voice. But if even related futures products all have no, then say nothing more." A long-term study of commodities scholar thought-provoking. Say,45Degree short radius carbon steel elbow he argues, is not listed on a product can be built, the accumulation of voice requires product activity, market participation of these factors. Openness to these countries in the policy, the cooperation openness. So far, the domestic futures market participants are domestic investors, foreign investors cannot get involved.

After the end of the interview with the three exchanges, reporter discovery, for each product planning and development, exchange appears very rational. In publicity materials they provide relevant product, price distribution function was achieved by the listed products,API oil welded steel pipe ASME B36.10M hebei manufacturer help China enterprise use of domestic futures market hedging, risk management, give full play to the functions of financial services in the real economy, almost everything on the product first.

Such as iron ore futures, dalian Commodity Exchange (microblogging) relevant personage says, with iron ore futures trading as soon as possible, to form a transparent market price of iron ore, help spot enterprises effectively circumvent the risk of market price fluctuations, improve China's iron ore resources guarantee ability and promote industrial upgrading, and for the international market to increase pricing power.

Thermal coal futures, zhengzhou Commodity Exchange sources close to the steam coal futures can reduce the pressure on "coal linkage", and relying on the huge size of the spot market, on the premise of risk control, gradually found that the price and the function of risk aversion, formed in the international market influential power coal "China price", ensure national energy security.

Land scale will be limited

Published by the anhui province of anhui province people's government on further strengthening the views of the economical and intensive utilization of land work ",scaffolding structural steel tube according to the industrial land (including the supporting office, scientific research training and other business, tourism, entertainment and commercial residential and profit-oriented land, and the same land, there are two or more intended users of such land, in addition to the provisions of the state can agreement, must adopt public through bidding, auction and quotation, etc.

In addition, the anhui province also stipulates that the qualified goods size for the transfer of land for residential use. Among them, the big cities, medium cities, small city (town) the commodity residential house project land, parcel land area of no more than 300 mu,180 degree short radius elbow manufacturer 210 mu and 300 mu. Tie-in way by more than the scale of the above, or restricts the transfer of scale profit-oriented land more than 100 acres, shall be submitted to the anhui province of the record review.

For anhui province to limit the scale of land sales,carbon steel seamless eccentric reducer real estate industry expert li zhi of the daily economic news "reporter said," in addition to hefei in anhui restricts the size is not more than 300 mu of land selling, no more than 210 mu and 105 mu in other cities, may cause some large plots for auction after being split, will it affect the developers to build the idea of super market, has a great impact on the housing market."

A manager xu of hefei local developers to the "daily economic news" reporter said,SCH80 ERW Steel Pipe put a few hundred acres of big block is divided into several small pieces, for auction, respectively, will undoubtedly reduce the threshold of the auction and make more developers have the chance to participate in the competition.

Four ministries issued new energy vehicles subsidies

Provinces, autonomous regions and municipalities directly under the central government, cities under separate state planning departments (bureau), the department (bureau),200mm diameter mild steel pipe science and technology commission, the competent department of industry and information technology, national development and reform commission:

To accelerate the development of new energy vehicles industry, promote energy conservation and emissions reduction, promote the atmospheric pollution, reported to the approval of the state council agreed that from 2013 to 2015,Ring Type Joint blind flange continue to develop new energy automobile application work. Is presently as follows about the subsidy policy to inform:
A, relying on the city of popularization and application of new energy vehicles

(a) continue to rely on city especially in megacities popularization and application of new energy vehicles. Key in beijing-tianjin-hebei, Yangtze river delta, the pearl river delta,carbon steel ERW A106 steel pipe such as fine particulate matter governance task heavier area, choose high enthusiasm of the super-large city or urban agglomeration.

(2) demonstration cities or regions shall meet the following conditions:

1.2013-2015, oversize cities and key areas of new energy automobile total amount not less than 10000,seamless steel tube manufacturers other cities or areas promotion amount not less than 5000 units.

2. The number of vehicles in nonlocal brand popularization and application shall not be less than 30%. Shall not be set or disguised barriers to limit purchase foreign brand vehicles.

3. Government agencies, public institutions in areas such as vehicle purchase new energy vehicles to tilt, new or updated bus, official business, logistics, sanitation vehicle new energy vehicles is not lower than 30%.

4. The local government for new energy automobile vehicle purchase, bus operation, infrastructure construction has been introduced specific policy measures.

5. Related city shall accept the annual appraisal evaluation, failed to achieve annual promotion objectives will be eliminated.

(3) the city can meet the above conditions, can prepare the new energy automobile application implementation plan, step by step before October 15 reported to the ministry of finance, ministry of science and technology, ministry of industry and information technology, national development and reform commission (hereinafter referred to as the four ministries and commissions). Four ministries will be considered for reporting scheme evaluation, optimize the demonstration city list.

Local government debt exceeding 20 trillion

Researcher at the institute of Chinese academy of social sciences financial Liu Yuhui weibo said at the meeting,API oil welded steel pipe ASME B36.10M hebei manufacturer the Chinese local government debt a conservative estimate total scale has reached 20 trillion yuan, the China banking regulatory commission recently a baseline survey of local government debt, according to preliminary statistics within the credit scale of about 9.7-9.8 trillion, from the shadow banking, collections and other channel business scale of about 13-14 trillion, the local government of BT construction scale is about 6-7 trillion.

This number is significantly higher than the national audit office revealed at this year "two meetings" of the level of 15-18 trillion. In recent two or three years, China's local debt scale is expanding rapidly, and the China's local government debt scale accurately,American carbon steel eccentric reducer there is no unified caliber, the central bank, the national audit office, the China banking regulatory commission are based on their lines of business survey is calculated.

At present, the local governments have a variety of debt financing channels, including traditional local government financing platform loans, in addition to a large number of shadow banking financing channels, such as local government bonds and the city of debt, cooperation with the trust issue trust products, and issued by insurance company infrastructure bond investment products and so on.

In the company chairman Feng Guanghua thinks, to the financing platform as the main body, to the land reserve as a mortgage,asme b16.28 short radius elbow 45 degree the bank credit as the main source of funds "financing model has been proved unsustainable, individual regions debt paying ability is weak, some did not include the debts of the budget management in a recessive state for a long time, lack of corresponding supervision creating risks, with massive debt maturing, individual local government fiscal and debt sustainability face a severe test.
However, given the new urbanization will be become the new engine for China's future economic growth and local government still has a strong financing needs. In Liu Yuhui point of view, the current local government debt on the brink of out of control, many local governments have a lot of interest for more than 8% of one to three years of short-term funds, into the most return period in more than 10 years of infrastructure construction, the funds use the length of the "mismatch" phenomenon.

Liu Yuhui that issue local government bonds,welded steel tube ASTM A53-b ERW carbon steel pipe is to solve the new funding sources of long-term mechanism of urbanization, but before the large scale of local government debt issued, a foundation is provided for a clear, to do a good job of rating. Li Yang, vice President of the Chinese academy of social sciences, said the local government to be given the right to issue bonds, premise is one of the rights to the restraint of social forces, must establish the corresponding constraint system.