Finance Policies
In a letter to the HS: real estate regulation and control changed from “severe” to “moderate”
The main idea of the HS policy is to change the “harsh” control policy in real estate to “appropriate control.” Specific policies include: allowing local governments to save the market; to lower real estate transaction tax rate; to encourage the improvement of housing demand; to strengthen the early warning system, and so on.
Wen Jiabao: China and the United States has never been extensive common interests as today
Wen Jiabao in the United States 23 local time in New York, attended a grand welcoming luncheon which is held by the friendship organizations of the United States, and delivered a speech entitled for “the future, Sino-US relations to create a better tomorrow”. He expatiated on the Sino-US economic and trade issues in the Taiwan issue and relations between the two countries.
Bank of East Asia denial “financial crisis” rumors and support of the HKMA in Hong Kong
“Sub-loan crisis of the financial problems” triggered the Bank of East Asia in Hong Kong appearing withdrawals surge. 24th, Bank of East Asia, especially held ameeting for reporters to clarify the rumors.Hong Kong Monetary Authority and the Financial Secretary will also deney the rumor. The former said it would fully support the Bank of East Asia, and will pay the incident to the police.
SFC: Margin has been prepared but there is no time-table
There are media reports for the Commission reported to the Stock Exchange Margin requirements of the implementation of programs and readiness. The Commission departments responsible for yesterday’s “Business News” said that the recent work of the Margin has been actively prepared and never stopped.
Unicom WCDMA start bidding on 26th
China-cbn was informed from the in-house of China Unicom, that on the 26th of this month there will be officially launched WCDMA equipment tender. So far China Mobile, China Telecom and China Unicom have started preparing for 3G.
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