Fan Gang: China will not cut the interest rate but may loose mortgage and commercial loan
Leader of National Economic Research Institute, Fan Gang said that considering the current inflation, there was little space to adjust the monetary policy. However, to loose the mortgage and commercial loan was quite viable to the credit from small enterprises. Moreover, he said China would probably expand the scope of the export tax rebate.
Real Estate Policy will probably be loosen at the End of this Year
Recently, the real estate market appears abnormal decline, while the housing prices begin to be involved into the quagmire. So the experts expressed their opinion on when would untie the real estate industry. Moreover, they predicted that “9 • 27″ second mortgage policy may be adjusted at the end of this year or in the early of next year.
CEEMA proposed to adjust the real estate market policy and put forward four measures
As to the China real estate condition, China Real Estate Enterprises Management Association (CEEMA) recently sent a letter to Ministry of Housing and Urban-Rural Development of People’s Republic of China (MOHURD), this letter required to adjust current tightening control policy in real estate, which pointed out the real estate market prices and decreased trading volume would influence on the national economy in two sides, so it proposed a “rescue” with four measures.
Other News:
Latest Market Analysis from well-known Institution: Domestic Steel Prices continue to decline
According to well-known domestic iron and steel information institution, the domestic steel prices continue the trend of sharp decline in the last week (Sept. 19-26), which created the new low since April this year.
EU plans to revise Banking Laws and Regulations to avoid the repeated Financial Crisis
The European Union put forward a legislative proposal on October 1, 2008 to amend the existing EU banking regulations, strengthen bank capital requirements, and enhance cross-border supervision so as to avoid the current financial crisis appearing in the future.
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Cellar? The Upper Luxury!
Until now for us, both in and out of the business wine cellar noble place, or the private, wine cellar is still a luxury symbol of the quality of life, but also upper-class fashion way of life.
Competition of the World’s Most Luxurious Credit Card
In the general classification of credit card, followed by an ordinary card, silver card, gold card, platinum card and the highest infinite card.
Upstart Rich: Palladium Jewelry
Palladium as a kind of rare white precious metals, its unique character aroused global concern, and its inherited evolving decorative style, is becoming a new favorite.
Economic Figure:
House-to-deposit Rich Life
David Bach, an American chief financial master, asked all his audience in his lecture that: “How many people heard from their parents or grandparents, their most successful investment is their own houses?”
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The middle class is to realize “China Dream”
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Chinese fund supply is still abundant standing for enormous economic growth
Despite the international economic environment is more and more complex, the financial turmoil is intensified and the economy has clearly slowed, there are many favorable conditions for Chinese economy.
“Songxia” Retired, “Panasonic” for New
Japan’s household electrical appliance enterprises officially changed its name to “Panasonic” from Oct.1. The name “Songxia”, which has 90 years history, are going to exit the historical stage.
others:
From French History Experts: China’s achievement is an opportunity rather than threat
“China’s reform and opening-up of 30 years is unique in modern history. For Frence, this is an opportunity instead of threat.” French economic history expert Yake Ma Seydou said.
Chinese foreign trade scale is expanded by 105-times in 30 years — as a booster to the economic development
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Tibet’s First Professional Investment Company is Born
Tibet Autonomous Region investment company is unveiled in Lhasa, which marks the born of the Tibet’s first professional investment company.
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