Researcher at the institute of Chinese academy of social sciences financial Liu Yuhui weibo said at the meeting, the Chinese local government debt a conservative estimate total scale has reached 20 trillion yuan,API 5L steel pipe wall thickness 50mm the China banking regulatory commission recently a baseline survey of local government debt, according to preliminary statistics within the credit scale of about 9.7-9.8 trillion, from the shadow banking, collections and other channel business scale of about 13-14 trillion, the local government of BT construction scale is about 6-7 trillion.
This number is significantly higher than the national audit office revealed at this year "two meetings" of the level of 15-18 trillion. In recent two or three years,Industry Standard Welding Neck Flange China's local debt scale is expanding rapidly, and the China's local government debt scale accurately, there is no unified caliber, the central bank, the national audit office, the China banking regulatory commission are based on their lines of business survey is calculated.
At present, the local governments have a variety of debt financing channels,JIS B2220 Blind Flange including traditional local government financing platform loans, in addition to a large number of shadow banking financing channels, such as local government bonds and the city of debt, cooperation with the trust issue trust products, and issued by insurance company infrastructure bond investment products and so on.
In the company chairman Feng Guanghua thinks,sch80 carbon steel Round tube suppliers to the financing platform as the main body, to the land reserve as a mortgage, the bank credit as the main source of funds "financing model has been proved unsustainable, individual regions debt paying ability is weak, some did not include the debts of the budget management in a recessive state for a long time, lack of corresponding supervision creating risks, with massive debt maturing, individual local government fiscal and debt sustainability face a severe test.
However, given the new urbanization will be become the new engine for China's future economic growth and local government still has a strong financing needs. In Liu Yuhui point of view, the current local government debt on the brink of out of control, many local governments have a lot of interest for more than 8% of one to three years of short-term funds, into the most return period in more than 10 years of infrastructure construction, the funds use the length of the "mismatch" phenomenon.
Liu Yuhui that issue local government bonds, is to solve the new funding sources of long-term mechanism of urbanization, but before the large scale of local government debt issued, a foundation is provided for a clear, to do a good job of rating. Li Yang, vice President of the Chinese academy of social sciences, said the local government to be given the right to issue bonds, premise is one of the rights to the restraint of social forces, must establish the corresponding constraint system.
2013年9月21日星期六
In August the actual amount is $8.377 billion
The ministry of commerce held a regular press conference today, situation of the business operation in August. 1 - August, 2013, 14480 set up the new batch of foreign invested enterprises, fell 8.22% year on year; The actual amount is $79.77 billion,Carbon Steel Slip On Raised Face Flange up 6.37% from a year earlier. Month of August, the actual use of foreign capital amount is $8.377 billion, year-on-year growth of 0.62% (not including the banking, securities and insurance domain data). August 1 - the absorption of foreign capital has the following features:
One is the farming, forestry, animal husbandry, fishery and actualized fdi keep growing. 1 - August, farming, forestry, animal husbandry, fisheries actual use of foreign capital amount is $1.111 billion,schedule 40 galvanized steel pipe up 1.61% from a year earlier, in the proportion of the national total of 1.39%. Manufacturing the actual use of foreign capital amount is $32.634 billion, fell 3.27% year on year, in the proportion of the total 40.9%; Oil processing and coking and nuclear fuel processing industry, aquatic products processing, building ceramics manufacturing growth faster, year-on-year growth of 190.52%, 115.45% and 190.52% respectively. Actualized fdi amount is $39.725 billion, up 13.5% from a year earlier,ASME Carbon Steel Welding Neck Flange in the proportion of the total 49.84%; The electrical machinery repair, entertainment services, radio, film and television industry is growing rapidly, year-on-year growth of 229.92%, 194.54% and 229.92% respectively.
Second, the Asian countries/regions, European Union, the us investment in China to keep on growing. 1 - August, Asian countries/regions (Hong Kong, Macao, Taiwan, Japan, the Philippines, Thailand, Malaysia, Singapore, Indonesia and South Korea) to China actual investment value of $68.632 billion, up 7.87%; The $51.557 billion to invest in the mainland, Hong Kong, up 10.29%; Japanese investment in China of $5.562 billion,Thick Wall Carbon steel pipe Schedule 140 SAW steel pipe up 9.45%; South Korean investment in China of $2.296 billion, up 54.89%; Thailand's investment in China $472 million, up 516.94% from a year earlier. America's China actual investment value of $2.497 billion, up 18.04% from a year earlier. The European Union's 27 countries with China actual investment value of $5.437 billion, up 24.27%; With German investment in China of $1.741 billion, up 60.06%; The Netherlands to China to invest $892 million, up 24.81% from a year earlier.
Three is the actual use of foreign capital is growing rapidly. 1 - August, the actual amount of $66.83 billion in east China, up 5.0%; Central parts of the actual amount is $6.93 billion, up 10.9%; In the western region the actual amount is $6.01 billion, up 17.7% from a year earlier. 1 - August, absorbing foreign capital in the country, the eastern, central and western region accounted for 83.8%, 8.7% and 7.5%, respectively.
One is the farming, forestry, animal husbandry, fishery and actualized fdi keep growing. 1 - August, farming, forestry, animal husbandry, fisheries actual use of foreign capital amount is $1.111 billion,schedule 40 galvanized steel pipe up 1.61% from a year earlier, in the proportion of the national total of 1.39%. Manufacturing the actual use of foreign capital amount is $32.634 billion, fell 3.27% year on year, in the proportion of the total 40.9%; Oil processing and coking and nuclear fuel processing industry, aquatic products processing, building ceramics manufacturing growth faster, year-on-year growth of 190.52%, 115.45% and 190.52% respectively. Actualized fdi amount is $39.725 billion, up 13.5% from a year earlier,ASME Carbon Steel Welding Neck Flange in the proportion of the total 49.84%; The electrical machinery repair, entertainment services, radio, film and television industry is growing rapidly, year-on-year growth of 229.92%, 194.54% and 229.92% respectively.
Second, the Asian countries/regions, European Union, the us investment in China to keep on growing. 1 - August, Asian countries/regions (Hong Kong, Macao, Taiwan, Japan, the Philippines, Thailand, Malaysia, Singapore, Indonesia and South Korea) to China actual investment value of $68.632 billion, up 7.87%; The $51.557 billion to invest in the mainland, Hong Kong, up 10.29%; Japanese investment in China of $5.562 billion,Thick Wall Carbon steel pipe Schedule 140 SAW steel pipe up 9.45%; South Korean investment in China of $2.296 billion, up 54.89%; Thailand's investment in China $472 million, up 516.94% from a year earlier. America's China actual investment value of $2.497 billion, up 18.04% from a year earlier. The European Union's 27 countries with China actual investment value of $5.437 billion, up 24.27%; With German investment in China of $1.741 billion, up 60.06%; The Netherlands to China to invest $892 million, up 24.81% from a year earlier.
Three is the actual use of foreign capital is growing rapidly. 1 - August, the actual amount of $66.83 billion in east China, up 5.0%; Central parts of the actual amount is $6.93 billion, up 10.9%; In the western region the actual amount is $6.01 billion, up 17.7% from a year earlier. 1 - August, absorbing foreign capital in the country, the eastern, central and western region accounted for 83.8%, 8.7% and 7.5%, respectively.
2013年9月15日星期日
Golden nine silver ten will appear
Into the second half of the domestic steel end months of decline and metallurgical raw materials market, the main varieties have a rebound, the market does not represent the off-season, cold drawn carbon steel pipe key cities for the varieties of steel prices rose more than 10%. In the early stage of the positive policy support, market has been the "golden nine silver ten" market full of expectation.
Earlier this month, according to the data of China federation of logistics procurement, long radius butt weld pipe elbow July and August steel PMI index were 52.5%, 53.4%, respectively, for two months back to line from above.
Thought, PMI index rose to expand interval, adumbrative market activity picks up. And as the second half of the infrastructure, railways and other project developed steady growth, the steel market demand could further lift, hong kong-listed is expected to continue to rebound.Analysts believe that the state railways, infrastructure and shanty towns transformation projects such as investment increase, will inevitably lead to steel demand, coupled with into the "golden nine silver ten" after the peak season of consumption, will be modest recovery in the second half of the market trend.
But Hu Yanping pessimistic attitude, she said, good "lower limit" for the government macro economic indicators, carbon steel concentric reducer also reduce policy expectations. In the uncertainty and instability to international commodity under pressure. Throughout the steel supply and demand, although the "golden nine" approach, but part of the early release of effective demand, demand further capacity is limited, at the same time some varieties of inventory incipient recovery, steel production enthusiasm to continue rising, will constraint has been rising for more than two months of the steel market.
In respect of iron ore, astm a53/a106 steel tube standards the joint metal mesh, a senior analyst at Zhang Jiabin said that supply exceeds demand and steel mills are influenced by environmental production expectations, the market rebounded to $140 from $110; The current steel mills for three consecutive weeks without an inventory but port inventories is limited, which may continue to push up ore prices.
Earlier this month, according to the data of China federation of logistics procurement, long radius butt weld pipe elbow July and August steel PMI index were 52.5%, 53.4%, respectively, for two months back to line from above.
Thought, PMI index rose to expand interval, adumbrative market activity picks up. And as the second half of the infrastructure, railways and other project developed steady growth, the steel market demand could further lift, hong kong-listed is expected to continue to rebound.Analysts believe that the state railways, infrastructure and shanty towns transformation projects such as investment increase, will inevitably lead to steel demand, coupled with into the "golden nine silver ten" after the peak season of consumption, will be modest recovery in the second half of the market trend.
But Hu Yanping pessimistic attitude, she said, good "lower limit" for the government macro economic indicators, carbon steel concentric reducer also reduce policy expectations. In the uncertainty and instability to international commodity under pressure. Throughout the steel supply and demand, although the "golden nine" approach, but part of the early release of effective demand, demand further capacity is limited, at the same time some varieties of inventory incipient recovery, steel production enthusiasm to continue rising, will constraint has been rising for more than two months of the steel market.
In respect of iron ore, astm a53/a106 steel tube standards the joint metal mesh, a senior analyst at Zhang Jiabin said that supply exceeds demand and steel mills are influenced by environmental production expectations, the market rebounded to $140 from $110; The current steel mills for three consecutive weeks without an inventory but port inventories is limited, which may continue to push up ore prices.
2013年9月11日星期三
Phase 6 emissions standards are no longer using the standard motor vehicles
Clean Air Act of 2013-2013 plan, strive to implement phase 6 motor vehicle emission standards in 2016. To this, the 90 degree pipe fitting long radius elbow municipal environmental protection bureau commissioner of motor vehicle Li Kunsheng said: "now the fifth stage of the discharge standards, the standards of gasoline vehicles is nitrogen oxides 60 Long Radius 90 Deg carbon seamless elbow milligrams per kilometer, the index to the six standard is still 60 mg, and no strict standard of gasoline vehicles, so in the sixth stage we want to follow California's standards."
Pollution in Beijing, he explained, in some cases is more severe than California, California, as the control motor vehicle the SCH160 Nominal Wall Thickness welded Pipe most stringent region, its standard than the 6 strictly, this is the purpose of the environmental protection bureau to the adoption of California standards.Li Kunsheng stressed: "the sixth stage A106 High quality carbon structural steel tube standard application to difficulty is very big, because involves the conversion standard system, all the detection method, the regulation method of adjustment, involved in automobile production enterprises and related departments, the relevant authorities of the country."
Li Kunsheng mentioned at the same time, the average pollution levels in Beijing is 90 micrograms to 100 micrograms, national standard is 35 micrograms, even under the clean air action plan, PM2.5 in Beijing in 2017 dropped to 60 micrograms is not up to standard.We have learned, Beijing air pollution control is mainly to reduce the sulfur content, with the reduction of sulfur content such as nitrogen oxides and volatile organic compounds directly improve PM2.5 concentrations of material control, will become the focus of the air pollution control.
"At the moment of Beijing in 5 oil standard, sulfur content standards and Europe, but olefins, aromatics and other volatile organic compounds in fact no strict Europe, Europe about the environmental protection standard of the product in strict, at least one times more than our strict standards." Li Kunsheng said, because can directly reduce the PM2.5 levels, improve the photochemical pollution, volatile organic compounds of these environmental protection index and yan can directly improve the environment quality.
Pollution in Beijing, he explained, in some cases is more severe than California, California, as the control motor vehicle the SCH160 Nominal Wall Thickness welded Pipe most stringent region, its standard than the 6 strictly, this is the purpose of the environmental protection bureau to the adoption of California standards.Li Kunsheng stressed: "the sixth stage A106 High quality carbon structural steel tube standard application to difficulty is very big, because involves the conversion standard system, all the detection method, the regulation method of adjustment, involved in automobile production enterprises and related departments, the relevant authorities of the country."
Li Kunsheng mentioned at the same time, the average pollution levels in Beijing is 90 micrograms to 100 micrograms, national standard is 35 micrograms, even under the clean air action plan, PM2.5 in Beijing in 2017 dropped to 60 micrograms is not up to standard.We have learned, Beijing air pollution control is mainly to reduce the sulfur content, with the reduction of sulfur content such as nitrogen oxides and volatile organic compounds directly improve PM2.5 concentrations of material control, will become the focus of the air pollution control.
"At the moment of Beijing in 5 oil standard, sulfur content standards and Europe, but olefins, aromatics and other volatile organic compounds in fact no strict Europe, Europe about the environmental protection standard of the product in strict, at least one times more than our strict standards." Li Kunsheng said, because can directly reduce the PM2.5 levels, improve the photochemical pollution, volatile organic compounds of these environmental protection index and yan can directly improve the environment quality.
2013年9月5日星期四
In the top 30 is a big achievement
Central party school in the world economy research director professor Chen Jiangsheng told reporters that in the past few years, the main reason for the gradually widening gap between galvanized steel pipe manufacturers china India and China, from 1991 to 1991, India's economy has been developing well, but in 2007 the world economic crisis on the impact is very big, "since it hasn't been slow lead strength", and China since 2007, Hot Expanded welded spiral steel tube although experienced some twists and turns, but in general, has been good momentum of development.
"China still outstanding performance, more than most other large emerging economies. Considering the stage of development, China's economy ranked in the top 30 such large scale is a great large diameter ASTM end cap for water pipe achievement." Responsible for part of the report Asia thierry geiger said. But at the same time the economist, points out that China needs in higher education, market efficiency and technology application, etc, to make more efforts to maintain and improve their hemispherical pipe cap manufacturer in china competitiveness. He laid special stress on the market efficiency, think that China needs to develop the private sector, create the environment of fair competition for small and medium-sized enterprises, and let these firms are more likely to get the credit.
Since 1979, the world economy BBS a global competitiveness report, released every year, the report of the competitiveness rankings based on the global competitiveness index, introduced in 2004, the index system, infrastructure, such as macroeconomic environment, commodity market efficiency of 12 categories of indicators. In October 2011, the agency announced that adjust the competitive power evaluation mode, introducing the factor of sustainable development, the competitiveness index "sustainable development" as an important measure of competitiveness rankings.
"China still outstanding performance, more than most other large emerging economies. Considering the stage of development, China's economy ranked in the top 30 such large scale is a great large diameter ASTM end cap for water pipe achievement." Responsible for part of the report Asia thierry geiger said. But at the same time the economist, points out that China needs in higher education, market efficiency and technology application, etc, to make more efforts to maintain and improve their hemispherical pipe cap manufacturer in china competitiveness. He laid special stress on the market efficiency, think that China needs to develop the private sector, create the environment of fair competition for small and medium-sized enterprises, and let these firms are more likely to get the credit.
Since 1979, the world economy BBS a global competitiveness report, released every year, the report of the competitiveness rankings based on the global competitiveness index, introduced in 2004, the index system, infrastructure, such as macroeconomic environment, commodity market efficiency of 12 categories of indicators. In October 2011, the agency announced that adjust the competitive power evaluation mode, introducing the factor of sustainable development, the competitiveness index "sustainable development" as an important measure of competitiveness rankings.
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