China Financial News Headlines

Wen Jiabao: China is willing to work with the international community to deal with financial turmoil
Chinese Premier， Wen Jiabao arrived in New York on 23rd to attend the 6th UN high-level meeting on the Millennium Development Goals (MDGs)on Sept 25 and the general debate of the 63rd session of the UN General Assembly, Foreign Ministry spokeswoman Jiang Yu told a regular press conference.

Notice of matters on the regulate with regard to the payment of using the sea derating and so on
Since Ministry of Finance, the State Oceanic Administration issued “the regulate with regard to the payment of using the sea derating”(Finance Unite〔2007〕serial number 10), financial departments at all levels, marine administrative departments have been earnestly implementing it, so the use of waters of the management fee payments has been increasingly normative.

Monitor of State Territory firstly tested in Shanghai with new policy of controlling land increasment and forcing to save
A “joint protection of the scientific development of the Shanghai Land Administration’s pilot program of the new mechanism”(Hereinafter referred to as “pilot program”), will once again doomed to Shanghai to the national forefront of the regulation and control of land.

The central bank issued 100 billion yuan bank notes on 23rd
Xinhua News: on 23rd, the central bank, by way of price tender, issued the 108th notes of the central bank in 2008, issued 100 billion yuan, for a period of 1 year, and the issue price of 96.15 yuan, the reference yield of 4.0042 percent.

Commerce Department: agricultural products, food prices continue to fall
According to the report from Xinhua News Agency in Beijing on Sept 23rd that the ministry of Commerce, who runs the market regulator, issued business orecasting. Last week, in 36 large and medium-sized cities all over the country, the price of agricultural products focused on monitoring fell 0.4 percent than that of one week ago. In 57 kinds of major commodities, there are 34 species with ring-week price falling, more 5 than last week.

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