Archive for the ‘China Industry’ Category

China’s iron ore imports may drop 21% this year

China Metallurgical Mining Enterprise Association President Zou Jian said at a conference in Beijing on steel industry, because of the demand fell sharply, China’s iron ore imports this year may drop 21%. He said that iron ore prices falling down is inevitable, iron ore imports this year may drop to 350 million tons, dropped by about 21% compared with last year.

China’s banking sector create a world record profit

Chairman of the China Banking Regulatory Commission yesterday said that China’s banking sector is the world’s money-earning banks, the profits of the entire banking sector last year reached 583.4 billion, set the world record. Last year, the banking industry profits growth rate is more than 30% ,the capital return ratio reached 17.1 %, the industry is the world’s first.

Outbound travel prices generally rose by30% in May

It was reported that the new “Travel Regulations” expressly prohibits below-cost pricing to attract tourists, from May on,outbound travel prices will rise about by 30% ,50% as a maximum increase .

However, whether the quality of tourism will improve with price increasing, a lot of tourists are still very worried. Most travel industry said that as interest-driven, the phenomenon of the guide forcing the tourists for spending will not completely disappear.

Steel has fallen to the price levels in 1994

Steel has fallen to the price levels in 1994

Recently media reports, because excess steel production capacity led to price fluctuations in steel prices this year, in early March steel has fallen below the price level in 1994. In addition, the international market demand decline seriously result in a substantial decline in this year, in the first two month steel exports decline more than 50% year-on-year. It is estimated that Steel exports this year will drop 80%, much more serious than the original prediction.

30,000 yuan to buy the minibus to enjoy 4,500 yuan subsidy

30,000 yuan to buy the minibus to enjoy 4,500 yuan subsidy
Chinese official open the National Automobile Motorcycle going to the countryside,if a farmers purchase mini-buses worthy of 30,000 yuan, he would be able to get 4,500 yuan subsidies, the implementation of car to the countryside, will expand automobile consumer market.

China’s industrial added value grew 3.8% from January to February

China’s industrial added value grew 3.8% from January to February
National Bureau of Statistics said that the January-February this year, China’s industrial added value from Jan to Feb grew 3.8% year-on-year, growth in February is 11.0%

 

the demand for chemical products warmer

the demand for chemical products warmer
     addcoring to the recent report of media, part of the current domestic market demand for chemical products have been signs of a rebound in the second quarter,it may be to the good stage.

Domestic steel prices fell for four weeks: the decline has been greater

Domestic steel prices fell for four weeks: the decline has been greater
According to the latest market report，during the last week, domestic steel prices continue to decline, but decline has increased. the steel has fallen for the 4 weeks. Guangzhou, Nanjing, Beijing, Chongqing and other places tons of steel building price reduce at more than 200 yuan. Bao Steel Corporation introduced the price of program in April, and its cold-rolled and hot rolled product prices will fall down 200 yuan RMB per ton, this is the first time this year, Baosteel cut prices.

Argentina enterprises seek to restrict imports of Chinese children wear

industry to strengthen the protection of
Argentina Children Association recently asked the Albanian government to restrict imports children’s clothing from China, and strengthen the protection of their relevant industries. In recent months, the Argentine government has adopted a series of measures to strengthen restrictions on imported products, from Brazil and China, some products become the focus of Alfonso restrictions.

Wahaha Company contrarian recruit thousands people

Affected by the global financial crisis, many companies have laid off since 2008, but some other enterprises are in the contrarian expansion. Wahaha revenue in 2008 reached more than 300 million,retaining at the top of Chinese beverage industry for 12 consecutive years. To further expand the market, the president,Zong Qinghou recently lead executives to Beijing for the recruitment this year, and expected to recruit more than 7000 people,we can see,the key lies in innovation.