Archive for December, 2008

Corn prices fall and decrease in demand

Corn market’s situation is that farmers didn’t sell and companies do not buy nowadays, and since June this year, international and domestic corn prices fell sharply there is a direct correlation. At present, corn price risks and a decrease in demand happened at the same time, the entire industry chain is facing a severe test.
Experts point out that international bulk commodities in general go bad, adding a decrease in demand for corn market, the oversupply caused  corn futures prices plunged .
Corn is an important economic crop, about 75% of the production are used for feed, starch production and refining, meat prices also have a great influence on corn. The recent volatility of corn prices bring a certain impact on related industries.
It is reported that since 2007, because of the wave of feed raw material prices. about 3000 domestic feed  enterprises have closed down or phased shutdown.

42.7 percent of Chinese enterprises may laid off

Two domestic consulting company make an survey on China’s enterprises, 42.7 percent of surveyed companies said that they may possible reduce costs through job cuts to cope with the severe economic situation.
“First Financial Daily” reported,Beijing Taihe consultancy firm and the US Towers Perrin Advisory China branch announced the report”global economic crisis impact on  Human Resource Management of Chinese enterprises” that 42.7 percent of surveyed companies indicated that they may reduce the staff, with an average reduction level was 12.5%.
The survey carried out on November 10 to November 21,2008, involving a total of 356 Chinese enterprises all over the country.
The senior partner of Taihe consultants , Jizheng said that enterprises are most likely to reduce staff in ordinary operating staff and ordinary professional staff, general management staff.
It is very difficult for Chinese people to find a job in recent year,if you often go to the Human market,you can find a large amount of people who have no a job,such as students,peasants,workers,even special skilled people…, you are difficult to find a job if you are over 30 years old,35 years old is a boundary which the ordinary people have no ability to pass through.Few corporations will recruit the man who are over 35 years old.It sounds very terrible,isn’t it?But that is the reality that most of people must accept in China.the situation is more bad for woman. most of woman who are beyond 30 years old have to only take care of the baby at home and lost the opportunity to work.But in fact, they are very young and entirly have ability serve for the society,that is a pity. one side is unemployment, while employment tension on the other hand.we must make us stonger in 2008.  from

cigarette consumption tax should be raised to 1 yuan

China will implement the newly revised Regulations on the consumption tax since January 1 next year , each packet of cigarettes will be imposed on the consumption tax 6 cents, in view of such a collection of standards, the Chinese Smoking Control Association said cigarette consumption tax should also have a substantial increase.

Beijing property market is trading slightly warmer

According to the Beijing real estate transaction management network statistics, from December 17 to December 23 the week, the Beijing property market online signing of 4113 sets of existing homes online signed sets of 1358,  have a growth of 35.3% and 49.2%. compared with the same time in November.The specialist believes that, although the property market the new policy play a crucial role in stabilizing the market confidence.

“Sanlu milk powder” cases heard in Shijiazhuang

“Sanlu milk powder” cases was heard in Shijiazhuang today. The two main suspects were charged with endangering public safety.
“Sanlu milk powder” affair has seriously hurt Chinese consumer’s physical and emotion, so that nowadays many Chinese ordinary people had a deep sense of mistrust on professional ethics and conscience. We can’t help asking, in addition to the money, whether we should retain some basic moral bottom line as human being in our society?
Who are responsible for the case eventually?To find out the real murderer, and do justice to these innocent and poor babies and hurted customers,We are eager to see see the justice and hope in the society.

company celebrations reduction, the wedding demotion at the end of the year

Many companies will hold annual celebration in period of the past year, It is also the busiest time of the celebration of the company. But this year, in order to save expenses, many companies have adjusted their plans,some corporation reduce the fee of the celebration,even some cancal the booking.Some new couples reduce their wedding “demotion.” for money saving.

Anhui Province: the busiser real estate sales with the approach of the end of the year

This year, due to the continued downturn in the real estate market,and the approach of the year, real estate developers fund face the chain tension, developers increased advertising directly. some even cried out the slogan”one yuan to book”. Although the ad has done a good job, but consumers still keep wait-and-see attitude and few people set to buy a house, it appears that the concrete actions should be taken to carriy out the cut of house price to the reasonable level.
As the current level of housing pricesis 25 times of the annual income of the middle class in many region of China, so house prices fall or the rise of national average wage of chinese people is inevitable choice for China’s society.

Bengbu, Anhui Province: peanut is difficult to sell

Bengbu is in Anhui Province,China.  The peanut harvest didn’t bring the farmers happiness.As the economic situation at home and abroad, the peanut price fell by nearly half, but the peanuts is still very difficult to sell.
It is reported that in Guzhen County peanuts are mainly sold to the oil plant in Shandong Province and southern cities. However, because of  Peanut harvest in Shandong this year, with the inflence of an adequate supply of the market and financial crisis, peanut prices continued to fall, some of the oil manufacturers did not dare to buy peanut, it led to peanuts unsale.Although farmers are reluctant to cut prices to sell, but they can not preserve the peasut, if the peanut go bad,they would have more loss.

Some of the car dealers fund chain crisis

This year, automobile manufacturers have a hard time, and the dealer’s business are also tough. As sales, maintenance, spare parts and service information of the four-in-one car franchise store sales, 4S shop was ever hot investment sectors. But now, a lot of 4S shop is also difficult in the winter.
According to the news that many dealers have begun to run out of cash, they have stopped purchasing from the factory.
China Automobile Association’s latest statistics show that there are more than 38,000 auto 4S stores currently, more than 90% of private enterprises, as the blind expansion and poor management, a gradual loss is increasing.
China Automobile Association executive vice president,Sheng jingjun said,it is possible that the automobile dealers have a loss for more than 50 %, and might continue enlarge the loss.

CPI continued to fall in China

CPI rise in China last year while it fall down this year. the price of pork rise obviously. meat prices have rise for 14 times in less than 20 days in Beijing’s largest agricultural products wholesale market in February this year.now how about the price of pork?
It is reported that the wholesale and retail pork prices is between 16 yuan and 18 yuan per kilogram and show slow growth in the month. Some traders said that the highest price of the pork ever rose to 24.8 yuan per kg,However,the price of pork go down like a roller coaster, ups and downs.
The price instability make them very difficult to do business.