Archive for the ‘Economy data’ Category

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

College gratuates face severe employment situation next year in China

There will be 20,000,000 loss of jobs all over the world by the end of next year.In China, a large-scale layoffs have not occurred, but for graduates from university next year, to look for a job has become increasingly difficult.
According to statistics, there are 610 million national college graduates next year, while in previous years, unemployed graduates are about 4,800,000 people, that is to say,university graduates who need find a work will reach ten million in 2009.
In addition, the global financial crisis led to a large number of personnel returning from overseas, The closure of coastal foreign-funded enterprises, migration and contraction, as well as domestic small and medium enterprises are also facing downsized or even closed down.
This result in the new challenges to the employment of university graduates in 2009.
It is reporters yesterday from the first college graduates of supply and demand meet in Guangdong Province in 2009, The four major state-owned banks recruit 1,200 jobs, but more than 12,000 candidates.

Chinese output face slowdown

Today the biggest city in economy area–ShangHai, be reported the foreign trade slowdown 3.6 percentage points from a year ago.The newest number of outport expanded is 23%,But as we all know,Chinese YUAN is depreciated with US.Dollar and Chinese YUAN is depreciated face internal price system.So actually,the number of slowdown is not only 3.6%.
Yesterday I had reportedTrade volume down 5% at Yiwu int’l commodities fair,I think goverment need do more things to support expert department,and the goverment need change the way of economy,help little company and let people have more free in economy area.A China’s banking sector seems not been beat by sub-loan crisis,I had heard many words like that,and I even heard somebody said people is error,they must believe the high price of real estate is good!I think this is not the time to say “I am so strang”,It is time to face people’s request and voice,these words is no useful for help China solved crisis in the future.

China:CPI rise of about 5 percent in August

Consumer price index rise of about 5 percent in Aug year-to-year in Aug,It seems the rising rate is down,but I found some goods which people must buy are continue rising,For example,This month I had to spend more than 125% money to buy eggs in market in Sep.Because the price of oil is down,so I guess the CPI will continue keeping in a low level,but the price of foods will decided the CPI in next months.At the same time,a report about rising worker’s salary been submit to the relation departermant,but the advice will not been accept in a short time,because China now need more growth number for keep a good status for economy.

Prudent and Hesitation:China private equity investment

China stock market continue forward north in last months,and CPI,PPI continue run in a risk area,it cause china private investor begin feel Prudent and Hesitation in equity investment.

Acctually,private equity investment in China had down 70% month-on-month in August,china investor just cost 410 million U.S. dollars in private equity investment,it is not a good news for the task to improve economy rate.

The number(70 persent) told us more and more people begin Prudent and Hesitation,and many china investor open their eyes to look what will happen in euro and usa.

China:time to double-digit growth of PPI?

Today, the National Bureau of Statistics said china’s PPI of July (The producer price index) is rose 10%.It is the highest since 1996.I think this trend will exacerbate the trend of rising prices.Because there have a lag effect that the rose conduction from PPI to CPI,I guess  maybe it will happened after 2008 Olympic games.In china,many people can’t earn more than 2 U.S dollar per day,So I hope the goverment will help these poor people,and not let CPI continue keep so high for too long.

Foreign exchange reserves exceed $14 bln in last month:Macao in China

At the end of last month,Macao’s  foreign exchange reserves exceed $14 billion U.S. dollars,compared with the same period in 2007,FES have  increased 34.4%.

In order to let people  share with the economic growth,and for help people resist the inflation,the Macao government pay their residents dividend in last month.After one week,DongGuan city,a town in the south of  China, declared a dividend for these people who life difficult too.

The World Bank raises inflation projection for China

The World Bank raises inflation projection for China from 4.6 persent to 7 persent,after China goverment raise the price of Oil and electricity on yesterday night.And The world Bank raises their projection of chinese GDP from 9.6 to 9.8 too.Chinese goverment had announcemen The GDP of 2008 will been 8 percent.I don’t know at the end of this year which number is right,But I know there have a red line of GDP is 7 percent,If GDP lower then 7 percent,there will have many many unemployed man in China.And we had talk about whether there will have a wear away in chinese economy after olympic games.We hope chinese economy keep strong increase,But if the inflation of the world can’t been control,I think there will have many problem.

List of urban fixed asset investment – Information Centre – Finance

1-10 months, urban fixed asset investment 8.8953 trillion yuan, an increase of 26.9 percent. The state-owned and state holding invested 3.88 trillion yuan, an increase of 16.6% in real estate development investment 1.9192 trillion yuan, an increase of 31.4 percent.

Urban fixed assets investment (Source: Finance site data center)

Urban fixed-asset investment growth rate (Source: Finance site data center)

Date	Complete the total amount of investment in fixed assets	The growth rate of completed investment in fixed assets total (%)
	(Billion)
October 2007	88953	26.9
September 2007	78247	26.4
August 2007	66659	26.7
July 2007	56698	26.6
June 2007	46077.82	26.7
May 2007	32045	25.9
April 2007	22594.41	25.5
March 2007	14543.61	25.3
February 2007	6535	23.4
December 2006	93472.36	24.5
November 2006	79312.1	26.6
October 2006	70070.52	26.8
September 2006	61880.12	28.2
August 2006	52593.66	29.1
July 2006	44771.01	30.5
June 2006	36368.35	31.3
May 2006	25443.47	30.3
April 2006	18005.66	29.6
March 2006	11608.4	29.8
February 2006	5294.1	26.6

(Source: National Bureau of Statistics website tabulation: Finance site data center)

Source: National Bureau of Statistics website

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Finance site

October macroeconomic data in a Reuters poll of the list – Information Centre – Finance

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October survey of

The actual value

September 2007

August 2007

July 2007

Trade surplus

300

270.5

239.14

249.74

243.57

Exports

22.4

22.3

22.8

22.7

34.2

Imports

20

25.5

16.1

20.1

26.9

The consumer price index (CPI)

6.4

6.5

6.2

6.5

5.6

Prices of Industrial Products (PPI)

3

3.2

2.7

2.6

2.4

Broad money supply M2

18.3

18.47

18.45

18.09

18.48

Retail sales of consumer goods

17.1

—

17

17.1

16.4

The industrial added value

18.4

—

18.9

17.5

18

June 2007

May 2007

April 2007

March 2007

February 2007

Trade surplus

269.1

224.5

168.8

68.69

237.6

Exports

27.1

28.7

26.8

6.9

51.7

Imports

14.2

19.1

21.3

14.5

13.1

The consumer price index (CPI)

4.4

3.4

3

3.3

2.7

Prices of Industrial Products (PPI)

2.5

2.8

2.9

2.7

2.6

Broad money supply M2

17.06

16.74

17.1

17.27

17.8

Retail sales of consumer goods

16

15.9

15.5

15.3

14.7 (1-2)

The industrial added value

19.4

18.1

17.4

17.6

18.5 (January-February)

January 2007

December 2006

November 2006

October 2006

September 2006

Trade surplus

158.8

210

229

238

153

Exports

33

24.8

32.8

29.6

30.6

Imports

27.5

13.5

18.3

14.7

22

The consumer price index (CPI)

2.2

2.8

1.9

1.4

1.5

Prices of Industrial Products (PPI)

3.3

3.1

2.8

2.9

3.5

Broad money supply M2

15.9

16.9

16.8

17.1

16.8

Retail sales of consumer goods

14.6

14.1

14.3

13.9

The industrial added value

14.7

14.9

14.7

16.1

January-October survey of

The actual value

2007 January-September

2007 January-August

2007 January-July

Urban fixed asset investment

26.3

—

26.4

26.7

26.6

2007 January-June

2007 January-May

2007 January-April

2007 January-March

2007 January-February

Urban fixed asset investment

26.7

25.9

25.5

25.3

23.4

2006 January-December

2006 January-November

2006 January-October

2006 January-September

Urban fixed asset investment

24.5

26.6

26.8

28.2

(Source: Reuters, tabulation: Finance site data center)

Finance site