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Let 700 billion yuan endowment insurance to buy shares

02/13/2012 10:12

 

The pension market became a hot topic nowadays. And from the departments and mainstream stock media, it is not the pension LaXiaShui not to give up of power. Although before the Spring Festival, the CSRC President, the national social security fund guo council chairman of the dai xianglong urge pension market; But then one club department spokesman YinChengJi but told a news conference, no entry pension plan. Although the media is not up, move to 'the relevant departments under the state council are busy promoting pension market pace,' said the pension market is expected to the great break, operation way the fastest will be released in the first quarter. Even think YinChengJi "clarification" is a misreading. But on February 1,, a "guangdong billions will be entering the market was pure conjecture 'pension of news, eventually to the state pension to the entries drum pours cold water.

In the long run, it is the trend of the pension market. But for now, the pension market really nasty may not. Although there are media that the pension new era hats wholesale market is win-win, but at this stage, it 'win-win' can only be wishful thinking. Will increase the value of pensions for, because the present A share market is just A slot machines, the stock market returns to investors as the bank deposit interest rates even higher, in this case, let the pension give up A bank choose entering the market, obviously is not wise. Not only is difficult to value, I'm afraid the principal also are hard to preserve.

And from the development of the stock market for, pension for the present stock market entry to the healthy development of the limited influence. After all current can be cast into the pension market money in the stock market is very limited. As a securities the editorial article media authority have expressed that, pension 'entry into the stock market "is not', 'pension into the stock market is part of funds, or even just small funds. And, the pension market is not save the demonic. Besides, the pension market also won't ManCang operation. So, despite the media wishful thinking to suss pension market up to bring 580 billion yuan capital stock market, but this is just painted flowers just.

In fact, as the current a-share market for, money is important, but obviously not the current problem in the stock market development. The A share market due to heavy financing, light return, the issuer for service in the first place, even for this sacrifice the investors interests, this approach has led to widespread the Chinese stock market investors the confidence of the serious lack. So, premier wen jiabao held earlier this year the national financial work conference stressed the need to "to boost the market confidence". And the market the most this do, also is to boost the market confidence. Only dc hats cheered investors' confidence in the stock market, various aspects of money would not invited. Instead, or indulge new shares issued high price (as on February 1, issue of the HuaLu baina lates, the issue is still as high as 82.46 times p/e), it's very difficult to stock market investors have confidence, investors are have the funds will not into the stock market.

An obvious example is the insurance funds still has some 700 billion yuan of new capital market space. This is perfectly justifiable can invest money in the stock market, the scale than pension funds can be entering the market scale. But why can buy stocks at any time of the $700 billion endowment insurance are still reluctant to buy the stock? What information is in danger??????? This problem is not worth thinking? So, for the current stock market for, and its blindly drum rashness pension entering the market, increase the stock market as attractive, to boost the market confidence and let 700 billion of insurance funds are willing to buy stocks. If we can do this, and mobilize the pension market is not late.

See more:The global turmoil has four root

'window guidance to be' pick up?

The global turmoil has four root

02/12/2012 11:05

 

Today's world of economists need, like the plague s as badly need a doctor. But in today's best and most controversial "famous doctors" undoubtedly is a former the IMF chief metres nita. Strauss. Kahn.

19 at 9 a.m., when to get rid of the vortex "kahn appeared Beijing international hotel three floor, come to take part in the" 2012 netease economists convention "of the reporters, with pike sprint aimed at him.

The BBS's leading role in the morning is undoubtedly kahn. Published in half a hour of subject after the speech, he again and including LiDaoKui, XiaBin, ChenZhiWu etc. Several well-known experts is the debt crisis in global economic hot topics do two rounds of dialogue, and art in answering the more sharp questions. It seemed to the world declared: kahn coach remains.

In its theme speech kahn, points out that in the global economic turbulence has four root: one is the lack of very effectively economic adjustment mechanism; Second is the New Era Hats world being not a stable currency, capital outflows and flow into; Three is the lack of stable liquidity; Four is the lack of very safe assets supply.

According to the four root, he also issued his "medicine". For example, at present the global coordination mechanism, compared to the 2009 to weakening many; Led by IMF international financial organizations to strengthen the global capital outflows, flowing into supervision, etc.

And after extensive debate on the issues-China's 3 trillion reserve whether they should take out part of bailout in the European Union to debacle? MF President before to answer is kahn: China should help the European Union. Kahn think, with the globalization of economy, the unrest Europe and global will also affect China's economic development. As for how China is local help Europe, he suggested, China dc hats can through the IMF directly or indirectly ShiYuan the European Union.

According to the European debt crisis of global interest, kahn think, Europe debt crisis has not solved effectively, exposed is the European Union leadership crisis and real growth crisis, short-term is difficult to solve.

See mroe:Price reform can't be dearer FIG leaf

Have a relaxation of the New Year's day

China how to promote the economic strategy transformation?

02/10/2012 10:18

 

The provincial economic strategy is mostly in the coverage model development, such as the "rivers and lakes" strategy in anhui, henan four parts, liaoning "a circle area" strategy, zhejiang 42 massive economy, and so on, even always with the development of wuhan in hubei province, too, from the past "a single big city" into "a yuan multi-level" cover all the new strategy system. In 2011, hubei put forward "in triangle", construction "two mountain" and revitalizing the hanjiang river plain and high ticket two prefecture level, and the key development xiangyang, yichang, jingzhou city development. But scrutinize under, this development mode is still investment promotion mode, on the industrial resources integration to a product competitive ability of the enterprise to the intervention of the strategic level, still equal to zero, these are the provincial economic strategy transformation direction.

All over the investment promotion and capital introduction into thinking cannot extricate oneself, the results more development space can not see, with headquarters economy, the service economy, financial economic alternative to the pollution analyzed industry, this is replaced, the original enterprise be ruthless sweep the floor go out, want to evening. The problem is also is not necessarily new look good economic vitality are competitive, such as the headquarter economy is only the mind, if New Era Hats manufacturing products collapse, the headquarter economy also die, and financial economy away from manufacturing product competitiveness, and also into a shell, the service economy has quite part of is to provide manufacturing sales. So, the entity economy once collapse, the coverage model into comprehensive fall.

So, we each of the provincial economic strategy necessary out of a single investment promotion and capital introduction development mode, and the area under its jurisdiction all enterprise of the same product assets out BaoTuan into share-holding system, then let it listed, took to the research and development, took to the world brand, to promote the economic goal if not for the standard with world-class company, only to GDP for the standard, to not only the pollution alternative pollution industry, only in the cover to replace a single big city model, in the end or a no to promote the economic competitiveness.

Zhejiang economic model is to promote the economic model of China?

Zhejiang economic or industrial supporting form gathered, either in upstream to downstream, the development, to the combination of innovation coalition to reduce the cost of patent research and development. The death of zhejiang economy hole? I think, all these all did not change the fate of the small scale of the small and medium-sized enterprises, still subject to high costs and credit, raw materials, manufacturing, are still facing the fate of order is easy to lose.

So, zhejiang economy is not strong, I think only the establishment of a single product BaoTuan do in joint stock system based on the big, and then to the combination of innovation coalition, a card is valid.

Because virtually no lasting competitive zhejiang this kind of nfl hats mode, to the brother of the new time to start over provinces, become stands in the united the starting line.

In addition to use the same products around after economic joint-stock armed, and how to integrate various formats local resources, is the key. 2012 years and in the next few years, Chinese credit nervous, high investment era was hampered, and the total amount of energy that hinders high investment and blocked project introduction. So, investment promotion especially industrial manufacturing enterprise, but also plays, revitalize the investment of the past few years to complete the industry resources integration, no big investment, but it can make wuji change, straw change phoenix gold bars.

The future of China to promote the economic who will win?

When the provinces every municipality directly under the central government over the years, invest a large amount of infrastructure, real estate, a large amount of investment promotion and capital introduction, it all boils down to the high investment of extensive pattern, for the future, I do not think that technology, brand type, type high value-added economic win, but low investment in all kinds of resources integration of take hold decayed for magical strategy to win. In addition to a single product for a penny stock this not also can take hold of the integration strategy, what still can put the integration across the resources? I would like to share with the local government more this strategy.

See more:Endowment economy will China's economy into boards

The fall of more water mouth inflammation 

Australia Day

02/09/2012 10:35

 

On January 26, a year of Australia Day can't seem to is called "the Australian national Day", because it originated in 1788 on the same Day that led a fleet captain Phillipe arrived at Sydney, started the British empire of the rule of the colonies to Australia.
Political and academic circles of from time to time about whether they should modify this festival of debate, to change Australia continues today colonial properties. But, I dare say, more than 99% of the people of Australia no interest in the problem. AoGuo of ordinary people need is a reason to fill the good mood again to a new high.
Last year (2011) of Australia Day is a real carnival. Hundreds of them greatly small ships, from large passenger to private yacht, flows Sydney harbour to join the New Era Hats RACES. Underwater shore one enormous pile of cheers. I saw this on Youtube video site, was first know what a "win"; At the same time also associated with the great leader in "ask the boundless, who decides," probably do not know exactly what is meant by a.
This year's Australia Day celebrations in QingRenGang Darling Harbor at home. Tens of thousands of people from all directions gathering here. The day has music performance, on stilts of three people band, two kangaroos dolls, and a team of butterfly in the crowd lifted the laughter.
At dusk leaders speech (a little bit like China) and the national anthem, two celebrity load for ship, a university of Melbourne is Chinese students Maria Chen, she was creating aims to encourage girls learning science and engineering of the international organization of her and get this year's Australian outstanding young title; The other is a oscar-winning film celebrity. I also not clear who he is. They stand at the bow, to a cheering crowd waved, sometimes make famous of the Titanic movements. Then there is the ships of the female (open, and remind everybody Australia the submissive position.
Darling harbor bridge was opened suddenly,buy sunglasses dozens of only service ship from here through the, began to patrol ship. Like the opening ceremony of the games that host respectively introduces each ship for Darling harbor contribution. Keep a peculiar leisure and joy in Australia, the crew and their families standing in the bow to the shore, and the people waved to each other, respects shout for joy.
Laser, music and fireworks of the celebration party formed a climax.
Then, back to their families, sleep a no dream of good sleep. Like koalas are like that.

The first set of mortgage rates to relax is essentially a correction

02/08/2012 11:31

 

At the beginning of the year, Shanghai will release a related to real estate market information: in the execution credit policy menas, Shanghai will implement the related departments of citizens to buy the first suite loan interest rate and head to scale. It is reported, current Shanghai some Chinese commercial Banks of the first set of mortgage rates have basic return benchmark interest rate and part of foreign commercial bank even launched a preferential interest rate, and can be based on the benchmark interest rate in some discount.
In the last two years of the real estate market is beginning to control effects, house prices turn in context, in the Shanghai mortgage rates change seems to be more sensitive. The most recent period, as the market volume reduced sharply, the relevant control policies will appear change voice appeared on the market in Shanghai, the change in appear to justify the guess.
In fact, the news of the Shanghai appear, did not have a market signals significance, because in Shanghai before, a lot of places from since the second half of last year is already started to loosen the first set of mortgage interest rates. But, it is during this time, the great cities of the large began to turn in house prices, thus it can be seen, the first set of mortgage rates of relaxation, cannot be regarded as the market regulation policy changes, it is only the details of the local regulation policy adjustment, and this adjustment is essentially a correction, its purpose is to better achieve the goal of regulation.
The real estate market regulation goal is??????? While there are a lot of people are its understanding to promote falling house prices, but strictly speaking this is not the most fundamental goal, because falling house prices push the purpose is to let the existence of a large number of low-income people, including with the appearance of a large number of urbanization wave from the interior of the big city into different job seekers can afford a house. But even if the goal realization, for this part of the crowd, because its personal wealth accumulation is limited, ask its took the big money to buy commercial houses are still very difficult, so they in the commercial bank mortgage universal existence big dependent. However, commercial Banks to increase the first set of mortgage rates later, in fact this part should be encouraged to improve the stiffness of the purchase of the threshold demand, so it's a must correct behavior.
In the real estate market regulation in past, tightening mortgage rates once was as one of the important control policy options to implement. In the investment real estate market speculation swept the strength, commercial Banks involved in depth, a huge amount of credit funds are the ChaoFang used to "lend chicken unripe egg", the bank also therefore and saw the rich real estate market dividends. But, in the central government launched frequent control policy, only for use of interest rate lever to curb the first suite outside of the many suite buyers for commercial Banks to stop to provide mortgage, never asked for commercial Banks to tighten the first set of mortgage interest rates. Commercial Banks to borrow in the name of the regulation and use the on lending rates of the right to get independent, improve the first set of mortgage rates, essentially just commercial Banks to pursue the economic interest and ignore the social responsibility of a kind of behavior, and its essence is damaged the interests of the buyers first suite, is fundamentally not a accord with the direction of the control policy.
In the commodity house after the full implementation of the policy, investment speculative power has been removed from the market besides, policy outside of the mortgage demand also basic disappearance, therefore, the current mortgage demanders, basically within the first suite or the policy of two suites living type, improve demanders type, this part of the market demand is called "rigid demand" and they are not control policy of containment object, instead is to achieve the control policies to protect object. But, compared to the conventional wisdom excelled at in the market investment speculative strength and rigidity of the financial needs after all is limited, so their mortgage risk factor over investment instead of speculative purchase, commercial Banks in the first set up mortgage rates of behavior, also can be regarded as the interests of the protection, but compared to previous speculative investment trend strength to meet, it also reflects the our country commercial bank widespread "XianPinAiFu" business thinking, this in other Banks with the expansion of business in the principle of pursuing are the same.
At present, China's real estate market trends into very delicate stage, due to falling house prices began to form a trend, even if is rigid generally also began to look attempt, in the hope that a lower price into, so even if house prices fell, but the market is also hard to clinch a deal in recently appeared to rise. Can believe that with the further regulation, the day of the developers will be more difficult. Obviously, control policies with the market appear to have the appropriate adjustment, as long as this adjustment is not push prices rebounded, but to make rigid demanders meet the pent-up demand, they should all be certain.

Cover Turner's visit to lobby

02/07/2012 10:35

 

Shoulder the task of multiple us Treasury secretary cover Turner, by special plane landed to Beijing airport, open the trip. One purpose of concern is that, for the two oil importer in Iran sanctions Iran support, and with the related departments of China discusses the technical problem of financial sanctions.
At the same time, the special background of election year in the United States, the exchange rate of the yuan, trade dispute china-us economic and trade issues will also becomes more sensitive.
Economic and trade problems commonplace
Yesterday, cover with China planned Turner vice premier wang qishan dinner at work, then he will accept in today's China's state council premier wen jiabao, Chinese vice President xi jinping and Chinese vice premier li keqiang meeting.
This trip is the cover Turner the state department is responsible for the asia-pacific affairs assistant secretary of state Campbell's visit, years second senior American officials visited China, the former's visit to China embodies the American in the northeast Asian security issues strategic value, cover is for the United States to visit Turner election year of china-us economic and trade relations to pitch: Obama government hopes China will make more in campaign year commitment.
In 2011 years, the house and senate to Obama government in the exchange rate of the yuan and sino-american trade dispute solution of rate and are not satisfactory way. In the end of 2011, the us Treasury report issued by the sixth year exchange rate, not included in China for currency manipulation kingdom, but in its evaluation, still says China's yuan is undervalued, and the United States will "urged the Chinese policy reform, realize more exchange rate flexibility".
But the United States not listed in China for currency manipulation of the kingdom to U.S. domestic manufacturing behavior still group discontent, think that China's undervalued currency just reached through in the trade advantage. In 2011, the yuan to rise by 4.86% against the dollar year-round, and at the end of 2011 (the United States announced not listed in China currency manipulator news) once appreciation to about 6.2.
At the same time, cover Turner's visit to China agenda also covers trade friction problem, which may include China and the United States on chicken and solar panels trade disputes. According to the Wall Street journal reported that sources, Obama plan to set up a government panel to monitor Chinese special in compliance with the American trade treaty of behavior, this behaviour in the year of the campaign with powerful political taste.
According to the plan, the group (or review committee) will include come from the us Treasury, ministry of commerce, the doe and the U.S. trade representative office officials. Supposedly, barack Obama will be released this month in the union announced the decision during, and cover Turner's visit to the, will also discuss the United States with the Chinese government of the motion.
Iran seeks support
As Obama's special envoy, cover Turner coming here another more important task is to: sanctions against Iran to seek support on China, but the task will be much tougher.
The United States trying to limit the Iranian oil income to restrict the government of Iran, to the so-called "prevent it from developing nuclear weapons" purposes. In the December 31, Obama signed a new law sanctions against Iran, and Iran's central bank to trade on the financial institutions to sanctions.
Iran's oil income main financial circulation channels for Iran is the central bank, the United States the new bill will be to break the rules say financial institution in the financial markets in the United States shall be rejected.
At present, the United States has got the support of the European Union. Agreed in principle to to Iran to carry out comprehensive oil embargo, the European Union said yesterday, Iran's oil embargo will agree to the decision of the meeting forward to January 23.
For Iran have may take revenge, for example through the hormuz and lead to global oil prices soared, the Treasury anonymous officials say, if time grasp and implement appropriate stages embargo, can not only doesn't interfere with the international oil markets, but also can force Iran's oil income decrease.
To this, China's foreign ministry spokesman a. i. tauber ed. in January 9, the conference said, the Chinese side has been against country will be their law superior to the international law on, to other countries implement unilateral sanctions.
"With many other countries, China's economic and trade with Iran develop and energy cooperation is normal, open and transparent, do not violate the relevant security council resolutions, do not affect the Chinese side in the non-proliferation position, should not be affected." A. i. tauber ed. said.
And in cover Turner before visit to China, Chinese vice foreign minister cui tiankai met in the media that Iran is China's important supplier of oil but China and Iran's trade with Iran's nuclear program is not any relationship.

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02/06/2012 09:25

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