Adopt an open mind long hundred

 This year in March, the newspaper sent by Lihong Yang led the delegation to the deputy editor of several western newspapers, study tour brothers, comrades and returned to write the inspection report carefully, inspection report wrote the following words in front mm
comrades led by the Hong Yang's newspaper editorial mission, with the editorial board of the two topics identified in the westbound , visited the four newspapers. Through investigation, the newspaper has a new format innovation awareness, promotion of business professionals to learn the experience issue. two questions in addition there are other gains, such as how to make a good series before the Council, how improve the appraisal system, how strict publishing process, and so on. The results of inspection activities, the business focus is reflected in the exchange on this issue, some have been used in recent typography.
Beijing Times founded 8 years ago, formal study tour delegation to foreign media, which is the first time in the editing center. all these years, our brothers and media to visit here a lot, both in various newspapers, but also newspaper group, and other media, and even many from overseas, compared to newspaper reporters and editors we rarely go out to study the issue of work study group is not officially over. This gives the industry the impression that the Beijing Times great reputation, is the concept of place, is the experience of the place; but also to their cause a false impression that we have been walking in front of the industry, have done well, can be complacent. so over time, it is easy to shut ourselves up and see the scenery of the world not see changes in the outside can not see the wonderful brothers and media. And the mentality of this self-enclosed, and very easy to make us into a Yelang arrogant, or even a pathological narcissism. In fact, Today's media environment is not the kind of look like 8 years ago, today's Beijing Times has been lagging behind in many excellent peers. We want to progress, to develop, to innovate, we must open the window, open the door, breathe more fresh air, see more of the scenery outside. and the first to open is our attitude, with an open mind to listen to the industry's point of view, with an open mind adopted hundreds of long, Bamianlaifeng welcome with an open mind, absorb All the latest ideas and learn from results and practical experience, so we stood in the high ground. As the saying goes: Welcome to Wikipedia, tolerance is a virtue.
founded this association to the Beijing Times .9 years ago, before the inspection activities, When the People's Daily editorial board is determined to start a Metropolis, we lack a complete understanding of this, and no ready-made experience, the only way is to learn the newspaper went out and brothers. People's Daily, 3 this organization a mission, all the way west, all the way south, all the way north, respectively, then visited some of the country's most famous urban newspapers. At the same time, commissioned a professional survey organizations in Beijing, Shanghai and Wuhan, the three newspapers in the market for large-scale sample survey. from the decision founder of the Beijing Times, the Beijing Times officially inaugurated, has experienced for almost two years of preparatory period, while the preparatory work of the focus is through thorough investigation, study and research, the law of the Metropolis figure out the mechanism of the Metropolis clear, clear positioning of the Metropolitan, the Metropolitan of the operation to find out. It is precisely because we do a solid job of these necessary , the newspapers have a complete philosophy and ideas, can be said at the time to think of questions to think, want to thoroughly. This gives us a standing start to a very high starting point, to avoid the feeling across the river, through the detours around the former, a shot is a successful newspaper. In this process, the People's Daily editorial board of the liberal, open and contains all of the bearing, I left a strong impression. It can be said, the Beijing Times itself is the product of an open mind. In the past we are relying on the success of this attitude, after relying on such an open mind but also innovation and development.
media environment we live in the rapid and profound changes. new situations and new problems emerging, the industry needs to face, we should all be inspired by each other. These, in order to find some answers, the industry's frequent academic exchanges, study tours brothers learn a lot of media . Many of the media in the study of learning, showing a modest enough to help in the field, hungry attitude. An example: In 2001, the Jiefang Daily Group, led by Party Secretary and President Lu Bingyan gay members of the team to Beijing to study the collective focus visited founded near Beijing Times, at that time and I have had more than two hours of conversation. leave the Beijing Times, they went straight to the airport to return to Shanghai. Two years later I went to visit the Liberation Daily, Liberation Daily Lubing Yan president and other leading members of the enthusiasm reception, he was very emotionally said: big newspapers. This is the harvest time to visit Beijing, thank you. once again impressed us. I think, Jiefang Daily Group, was able to keep going all these years in the industry front, with them that the spirit of openness and learning are directly related. Throughout the media market ups and downs of life and death, those complacent arrogance , self-isolation of the media, there have been no matter how glorious history, and now have been behind the times; and those who keep an open mind, good at learning and reference, the courage to reform and innovation in the media, through continuously updated with the total the trend of times.
stone hills, can learn. Jinghua Times, has encountered many problems must be tackled, the future development path will encounter more new problems. solve these problems, our own understanding alone is not enough, we are behind closed doors of exploration alone is not enough, we must humbly learn from brothers and the media, with an open mind to learn from other enterprise, including our competitors, with an open mind to learn from others theoretical achievements and practical experience, inspiration, learn wisdom, to find ways to solve some issues and ideas. In addition to school training, the peer who best communicate your back. Of course, the key is to have an open mind, good at learning. It was just this attitude, even without the opportunity to go study, but also access to new knowledge through a variety of learning styles , is described as . The next step ready to send to study, led by Comrade win the next mission, to be near to Shanghai, Zhejiang and other places, bringing the topic mm examine how to develop digital media, how to report network interaction.

Drug detoxification is necessary to help patients fully understand the knowledge of drugs and drug addiction

 So the families of drug users should be mentally prepared to fight a protracted war. drug proved physical rehabilitation and psychological treatment is very easy to difficult, so for a drug, it is likely to occur relapse. Beijing Hospital of Traditional Chinese Medicine Mingshi professional treatment

relatives as a drug to have confidence and patience, we must clearly recognize that helping patients to completely withdrawal addiction, not a month, one year, two years to solve, and it takes a long time. drug addicts are often in the face of bad mood, we often long for the time of drug happy, loss of self control, return to the embrace of drugs. Therefore, in this period of time , family members should help them overcome their anxiety, irritable mood, this mood to give his full understanding, we must continue to be encouraged to constantly remind them of the drug need perseverance, you need confidence, patience, only the addiction Development of drug addiction effects heart Chinese medicine, timely and effective discharge of drug physical dependence and reduce the psychological dependence on drugs, and can quickly increase the body nutrition, increased drug resistance, enhanced immune function and regulation within the body's metabolic balance related to endocrine function . Beijing Hospital of Traditional Chinese Medicine Mingshi professional treatment

Hospital, Beijing Malibu neurotransmitter effects of Chinese medicine preparation on the adjustment disorder and recovery role. medicine's effects on not only in the control of withdrawal symptoms, drug treatment but also after detoxification quite a long memory of insomnia, anxiety, pain and other symptoms of prolonged withdrawal of treatment and rehabilitation, and long-term existence of the lifting of the drug on craving. protracted withdrawal symptoms are one of the main causes of relapse is Western drug are still unable to solve the problem. Beijing Malibu drug rehabilitation hospital medicine profession


successful treatment in patients with drug abuse will help to fully understand the knowledge of drugs and drug addiction

successful treatment of patients is necessary to help drug users to fully understand the knowledge of drugs and drug-related hospital medicine profession Beijing Malibu
First, to understand the drug treatment. abusers parents and relatives should have basic knowledge of drugs, such as what is drugs, why drugs will be addictive, what performance after taking drugs, withdrawal symptoms of drug withdrawal when, and why drug addiction is difficult to get rid of and so on. Only by understanding the drug-related knowledge, parents and relatives of drug users to the early detection of drug abuse also be better to help drug addicts. abusers Once parents and loved ones drug addiction, drug abuse should first find out the length of time, whether addiction, followed by drug treatment as soon as possible with the regular institutions of the specific drug with a doctor consultation methods. For a long time drug abuse, drug abuse is also relatively large amount of drug addicts, the success rate at home, little self-detoxification. because the face of severe withdrawal symptoms, no comprehensive, effective the detoxification program, it is extremely difficult to weather, the vast majority will end in failure. Beijing Malibu drug rehabilitation hospital medicine profession

the difference between traditional Chinese medicine treatment: traditional Chinese medicine treatment sedative Chufan, detoxification, rousing, pain ventilation, diuretic detoxification, replenishing spleen , quickly get through the whole body pathway blocked, blood running smooth, so that the body of natural toxins, regulating the central nervous system disorders, intractable insomnia correct, and enhance overall immune function of the body, yin and yang, qi and blood have the balance, to fine, gas, full of God. medicine Heart drug with anti-addiction, anxiety, rapid withdrawal, anti-relapse and other characteristics, the magic of a unique scientific formula of Chinese medicine, open up the human context, coordination of the autonomic nervous system, enhance blood flow, drug Walking the body, activate the body cells, heart and blood flow, speed up the metabolism, rid the body of toxic substances, liver and kidney toxins. completely replaced so far on the domestic and international use of a very unscientific effects of Chinese medicine preparation in the prevention of relapse of Chinese medicine has played an advantage, according to syndrome differentiation theory, a comprehensive physical and mental conditioning, drug re-clock circadian rhythm, so that in the disordered state of the system tends to balance as soon as possible to rid itself of drugs. rehabilitation medicine may be outside the self-efficacy of home treatment is very good

parents and relatives of drug users should be aware, once the drug addicts into addiction, detoxification is a long process. does not mean drug detoxification, drug addicts after detoxification just off the body can only say that the drug ingredients, while the strong desire of drugs, although the drug-related environmental factors activated by the drug from the drug came out, but once back to the old environment, any small plot or syllable, can Chujingshengqing, as induced pack.

Lang

 Time: March 9, 2008 14:00
PM Location: Hefei, East Building Auditorium
Daoxiang House Hotel Theme: 365 real estate home network and strategic investment in Hefei hotline signing ceremony and the 2008 New Year China Forum < br> Forums Topic: Lang: Mr. Lang, chief Professor. He is about to do for us, entitled ping speech after we empty out the part of the time, so that all of us and an exchange professor Lang.
now the most enthusiastic applause, Professor Lang gave a speech there, please!
applause 〔〕 (14 : 22)
[Lang] Distinguished guests, ladies and friends, I am glad to share with everyone in Hefei, in 2008 the economic situation in my outlook experience. I believe that the end of last year since the Central Economic Work Conference, Internet users and the site will you be a guest of the soul caused great shock. the central regulation of thinking, the moderate tightening from the past to today's crunch. In this I have to do a stand, that is, I also agree that the central government macro-control thinking. I think the macro-control in today's international situation is very chaotic circumstances, seems even more necessary. But the purpose of my speech today is not about macro select the most appropriate path. (14:24)
[Lang] unity of purpose in the macro-control circumstances, my personal macro-financial parameters, and so route choice, I have a number of different individuals view. I hope today's speech, some of the more able to help the Government to provide new thinking.
you look at some recently published data, to 1 at the end of the price rise in 70 cities around 11%. and to the end of January, China's broad money growth and credit growth rate of between 16% -18%. can be said to have hit a new high since last year.
I urge you to think about, by doing so under the strict macro-control, Our scale of broad money growth and credit growth rate is so high. I ask you, the money gone? Well then please look around your friends, if they are doing manufacturing, you can Imagine how sad their life. I have mentioned early last year: in 2007 the manufacturing sector is very poor, the profitability of the manufacturing sector should be 2%. to the 2008 situation will only continue to deteriorate, instead of a been improved. I remarks were very harsh sounds, but by the end of January the actual published data, my assessment is correct.
and I spoke last year in several places about several new dynamic theory. That is why higher prices in this area? not the region's economic environment has become better, but the region's economy even worse. A Case Study of Shenzhen's housing prices doubled last year, two or three Fan, if you think that now the economy in Shenzhen if it continued to rise. I will tell you wrong. My theory is very clear, Shenzhen housing prices so high, because the economy continues to deteriorate, especially entrepreneurs face investment in the business environment continued to deteriorate. so entrepreneurs do not want done, closed, or not to invest the money should be invested into the property out to form a housing bubble .1 to data released at the end, I still judged correctly The. that is, a large number of manufacturing failures in Shenzhen. And in the collapse of the moment, out of a large number of their own into the property market, leading to a large number of the Shenzhen property market bubble. (14:25)
[Lang] in a speech At first, I say, and the money gone? growth rate of our currency has not slowed down, but there is no private enterprise can not get benefits. I am the end of 2007, when the speech in Henan, there are several big companies to communicate with us. Their withdraw liquidity by an average of two-thirds. withdraw the funds for where to go? This topic sounds very difficult. In fact in the beginning of last year, I have given you an answer. That is China today than you might think dollar economic times. What does that mean? today is not what we think of China's economy overheating, nor is it easy to imagine cold entrepreneurs. China's economic situation, in my early last year, then China's economy is a world that is unique, a unique dual economic environment. In other words, while China's economy overheating, but there is too cold.
China's economic situation, in my early last year, it is that the Chinese economy is a unique world, a unique dual economic environment. In other words, while China's economy overheating, but there is too cold. This is my personal research experience, I published a new theory. Data released by the end of January this year later, prove that my conclusion is correct. that is 16% -18% of the money growth rate, such a high growth rate of the scale of credit money gone? Basically, most went to the overheated sector. which sector is overheated ? it depends on the money gone? according to the results of my research shows that in the macro-control under pressure. the pressure is very big, I can give you an example. on the banks of the credit scale. you let 100 million of loans per must purchase double to three times the central bank bills. is strictly limited to your loan. coastal banks under such pressure, in addition to lending money to banks outside of the western region, while a large number of private enterprises to recover the funds. do ? lender to local governments and state-owned enterprises. Therefore, the environment faced by private enterprises, it faces the investment and business environment, such a move because banks and more difficult. This is what I call the investment and business environment continues to deteriorate. and the money gone? went to the local government infrastructure. (14:28)
[Lang] What is a dual economy? is to promote public and local governments related to the construction sector is overheating, and Most of the private enterprise sector is too cold. This is what I call the dual economy. So, under this dual economy, the macro-control efforts greatly. cooling forced banks to pumping funds in the sector, driven the overheated sector. So the more regulation, colder than cold sector, while the overheated sector more heat. This is a bank-led debt capital reflux phenomenon. But this is the first phenomenon. The second is the department in cold entrepreneurs, because of their rapid deterioration of investment environment, he does not want to do. He do? two paths: the first one out themselves not to invest the funds, and investment in overheated sectors to speculation stocks went. This is the main reason for rising prices caused by over. rather than the mainland, many economists said the excess liquidity. is not. but because of deterioration of investment environment, entrepreneurs should invest rather than to invest withdraw money, into the overheated sectors speculation, stocks go. This is the first phenomenon. The second phenomenon is the phenomenon of investment environment, resulting in a Industry does not want to do manufacturing. do? do real estate go. This is not a Haier, but also a lot of manufacturing into real estate real estate development. entrepreneurs themselves to their own funds to the department by the counter cold transfer to the overheated sector. now I see two cases, one is in the macro-control, the banks would be too cold pumping money into the overheated sector departments. The second phenomenon, financed by the private entrepreneurs themselves out into the cold sector overheated sectors. In these circumstances, 08 years of data is what? colder than cold sector, while the overheated sector more heat. This is why house prices in January rose by 11%, which is why the size of credit and broad money growth rate is so high. because the money went to the hot areas. (14:31)
[Lang] In this dual economic environment, our macro-control policy is, what kind of thinking? In this I wanted to take the time to talk to you about macroeconomics. but you rest assured that even though you may not have background knowledge of macroeconomics. But I'm very clear lectures, I can put it is the most complex concept simple. And unlike some scholars, the simple concept in a very complex. Throughout the macroeconomics textbooks, in the first-year students in American universities, the study of macroeconomic theory of policy is today's macro-control policy. U.S. university Economic policy year are reading is our macro-control policy, raising interest rates, increased bank reserve. is that simple. With this large number of recovered excess liquidity in order to control inflation and economic overheating. The premise itself was not wrong.
then I would like to ask all of you gentlemen, although the premise is not wrong, if the overheating Chinese economy today is due to excess liquidity caused by the words of it, you will in accordance with the United States, first-year university textbooks on the macro-financial variables, is to raise interest rates, raise bank reserve ratio, you can recover the natural flow, you can control the overheating of natural scenes. good. I ask you that, if not because of excess liquidity it? So today, we return to a fundamental question, what is causing overheating. Except for me most of the scholars say is: surplus, but private enterprises are facing rapidly deteriorating investment environment, the resulting dual economy.
and this dual economy overheating is due to the local government to promote the concept of GDP as the key link building caused by overheating. cold is that the investment of private enterprises are facing the business environment is deteriorating rapidly. is a fact that excess liquidity, but not the cause. you keep raising interest rates, increasing bank reserve ratios. This explains why the past four years, under the macro-control China's economy is still overheating. And not all the overheated sectors, one of the few and construction-related sector is overheating. Can we say, common to the world of macroeconomics textbook wrong with it?
(14:35)
[Lang] then I will tell you that right. why not go wrong? because you read this macroeconomics textbook itself is not difficult, it Difficulties? difficult in the subtext of this textbook is what? the world macroeconomic textbooks, only a subtext. that is, the economy must be a dollar economy, its financial variables to be effective. What is a dollar economy? like the United States, a hot country hot, a cold country too cold. Only in this kinds of circumstances, have the effect of macro-control. (14:37)
[Lang] our Chinese status quo? is also hot, and cold. So you think, you're not a one dollar economic environment , you have violated the subtext of macroeconomics textbooks. You are binary economic environment, if you understand the theory of speaking in front of me if you think about it. the central bank to raise interest rates if what results? or raise the bank reserve ratio What was the outcome? raise interest rates, you think about it, for the overheated sectors of the local government, he will not raise interest rates and not to engage in local development? I will tell you, no, he carries out. ( 14:38)
[Lang] is because local GDP as the key link building, local government will not raise interest rates without making local development. I talk to today is not the wrong, nor should and should not be a problem. I'm talking about a real issue. local government will not raise interest rates and not to engage in local construction, so overheated sectors continued to overheat, but the cold sector gets it. because most of the cold sector underground sources of financial enterprises, as long as the official interest rate increase of 0.25%, the black market rate will increase 4 times, all 1%. further blow to the already depressed private economy. so raising interest rates will make the overheated sectors continued to heat, cold sector colder . (14:39)
[Lang] and in colder circumstances, entrepreneurs have done and do not want to continue pumping funds in the not to invest, or even turn off the plant, then the department funds from cold To counter speculation overheated sectors, stocks go. This is more the more obvious macro-control dual economy, economic depression is more depression, more hot overheated sectors. This is the status quo. Why do we judge the economy is overheating? Because we judge the economy overheating indicators, basically from the overheated sector. So in the dual economic environment, you have done to further the deterioration of the macro-control dual economic environment has deteriorated, making the dual economy phenomenon is more obvious macro-control bound to fail. (14: 39)
[Lang] we adopted the government's macro-control policies, if used in the U.S.? it can be. Members please note that a while ago we talked about the turning point of the property itself . speaking, very simple, very simple. please review last year, when the U.S. central bank, that is, the Federal Reserve Bank continued to lower interest rates on the property is affected? prices continued to rise. Once the crisis hit the subprime , a higher interest rates result? real estate prices once the turning point, the next less significant. Why is there such a sharp inflection point? because the U.S. is a dollar economy, its financial variables can directly affect your economic behavior. that is a lower interest rates immediately increased prices, a price increase interest rates immediately dropped. is so direct, so specific. but we have the Mainland to talk about the dual economic environment. In this dual economic environment, real estate prices are very strange. It is not a simple changes in interest rates can be explained, you do not push the results? how interest rate changes for a change real estate? macro how to change regulation of the real estate? it is not, and that the United States, China will not. So what is the phenomenon of China do?
this moment you have to recall what kind of real estate is a feature of the industry? I remember today As a media asked me: Professor Lang is the inflection point do you think? I said: trading volume declined significantly, the price movements are very small. because prices will change depending on changes in trading volume. say your stock, if not all day today, the stock transaction, you will find that the stock price will not change . you understand what I mean? stock prices is not a turning point, but the lack of transactions. we stabilize real estate prices in some areas of the reasons, not the turning point, but the lack of trading.
then I have to answer the reporter's the question of why so many years of real estate market can not solve the problem? I can clearly tell you: We Chinese real estate market is definitely not a market-oriented industry. it is what kind of business? I put it to discuss the analysis into two; one is the supply side, one is the demand side. China's real estate market is a serious shortage of supply-side market, while the demand side of the market over the industry seriously. (14:41)
[Lang ping] a serious shortage of supply side and demand side of the market the market of serious kink over the two forces together, people could no longer afford a room. how to say these words? why the market is a serious shortage of supply-side it? think about it , where several elements of the supply side is composed of? a land development rights. Second, bank credit rights. Third, the real estate market-specific long process management. from the project to start, to completion, to sales of hundreds of large and small, almost link. land development rights, the right of bank credit and real estate-specific long process management, control of every step of the hands of the local government. as long as the control in the hands, there is the possibility of rent-seeking. increased construction costs. Another more important factor It is our land auction mechanism, seriously flawed bidding mechanism. On the surface, or we sell to the auction mechanism is fair, in fact, completely destroyed the market. What does that mean? Take our local government land around the premium for. The premium increase and the world than any economic indicator, it is very special. (14:46)
[Lang] First, it gains more than the price of anything you can imagine faster. including oil prices, including gold futures prices. it does not increase rate than our government land sales, land prices rise faster. And the price of oil Ye Hao, Ye Hao gold prices, it is up and down. our land is not only up or down, one up not only the prices or price is not known, called manipulation. sale of land itself for the government is motivated. What is positive? to the concept of GDP as the key link can be fully exploited. that is, say you sell a piece of land, GDP to rise in the value of a piece of land. sold two to GDP to increase the value of two pieces of land. If the city had a serious pollution? It's better, the same pollution generated GDP. and pollution better pollution control when the government funding it, and to create GDP. This is why land is so high land prices, pollution control can not. because the GDP has a positive contribution. But our assessment is based on local cadres GDP, almost to GDP as the only evaluation criteria. This phenomenon will surely continue. (14:47)
[Lang] Wang talked about the turning point recently, I have to give you an example of Wang to be a description. Fuzhou a six thousand square meters, Vanke into Fuzhou price marked a piece of land, one square meter to more than more than ten thousand dollars, in this based on more than ten thousand dollars, 5% of your price a little, I ask you what significance? Vanke not enter the Fuzhou people also affordable housing, Once in Fuzhou, the people can not afford a room. Because of the high real estate for a rise to a corresponding rise in the low-priced real estate is simply unable to control. to the last read up a city better, it seems more highways, and looks more beautiful houses, and the result is that local people could no longer afford a room.
those I mentioned earlier, I repeat; is the property of the supply side, including the two core resources, that is, real estate development, land credit rights, and its unique long process management, with the local government land sales, making the construction cost by not fall, but is fast .
I would ask you, now seems to launch real estate last year's macro-control, there is a regulation which is the cost for such a distortion of the front? you found? Since you can not cost-effective surface for The proposed policy, how can you expect the cost will be reduced? costs are not reduced, how will real estate prices drop? This is a very simple reason. Do not think that raising interest rates, raise bank reserve ratio to recover the credit, you can manage real estate prices. to tell you, in my case the cost side. you find that several major factors in the cost side as you are unable to control, you can not control, the cost will not fall. does not require a complicated theory, I believe that everyone can understood. then you may ask me: Professor Lang rising cost of housing is so expensive, however, who buy it? at least we the people can not afford to buy ah? this topic is even more meaningful. that is, in the end who buy this house? me to Shenzhen as an example. Shenzhen housing prices doubled last year, two or three fold, you know what that means? that is the case turned two or three savages, Shenzhen, the manufacturing sector entrepreneurs found that 10 billion in investment profits made last year, far less than ten million investment in a house that only earn more. This phenomenon is very scary. This phenomenon makes the entrepreneurs did not want to, and investment in China's enterprises are facing the business environment gradually, and is rapidly deteriorating. You just ask your friends, especially the manufacturing sector is doing, I can tell you this, all of them were hurt. they do not do business, do not do manufacturing, they are doing? China's investment environment, investment products too little. just talk to the media, the media asked me: China has the money? otherwise to the bank, due to inflation and make certain you loss. or else to invest the stock market to gambling. (14:52)
[Lang] or else to invest in real estate, to expect . In addition, you tell me what else you investment channels? you do not. So we the people will not put money in banks, left to speculation, stocks, when I look it is a forced inevitable choice. because you will definitely save money in the bank losses. So you go to property speculation, the stock market. Once a rising stock price, I am currently doing this criticism, the government suppress the price.
I told the Commission, I said: a country will go blow bubbles. only we will. We do what the Commission? should be based on the premise of protecting the interests of small investors, thorough investigation of the illegal transactions, which can be the right thing.
but he did not so do. suppress the results of the stock price, stock prices fell sharply, well, your investment opportunities and less. price it? so strict macro-control policy, the real people who want to buy a house is unable to borrow. And the room pushed up prices of these entrepreneurs do not need to borrow money. because his hands were not large investments need to invest money, hit the real estate market. until one out of the government's macro control policies to restrict lending. things like Shanghai, and now To borrow money to buy a house is simply impossible. really want to buy a house, because of macro-control and not buy a house. Then these words and pulled back. entrepreneurs should invest, but because of the worsening business environment for investment into the property market What money? I had the money to give it more than a year to take a name called III sum of money, international hot money. fourth money, saving money is our people. (14:53)
[Lang] you recall, we implemented this year for real estate in all aspects of macro- control policies, it is the third for the funds and the fourth international hot money saving people money. For example, the loan limit is the second house of money for the fourth. But the first is entirely with the second out of control. The first fund, which is the largest number. The funds hit where, where there is a bubble. let the local government of ability, to ensure a loss. I still remember last year, lectured at your site after to give lectures to Chongqing in May. also invited me to the Chongqing government, in May last year when I went to lectures in Chongqing. Chongqing, the average house price 2900 dollars.
So my conclusion was very clear, I said, Chongqing is not Foam. Later, several large media board, Professor Lang said there is no bubble in the property market in Chongqing. and add a sentence, Professor Lang said there was no bubble was not due to the high capacity of the Government, but because entrepreneurs virtual money has not come yet. I done at that time predicted, as long as a virtual money, the housing prices out of control immediately. Only I dare to do such a bold prediction. I left a month later, in June launched a new concept in Chongqing, called the urban and rural planning. (14: 55)
[Lang] The plan came out, a lot of virtual money into Chongqing. -11 in June from the month of house prices, increased from 2900 to 6000. You said that short term price quadruple The local economic situation and you have to do? nothing, basically caused by virtual money. which city can attract new concept of virtual money, once housing prices out of control into the city, the people can not afford a room . was this created a demand side of the mainstream funds. This is what the situation? This is the market too. the supply side it? control of the government, a serious shortage of the market. This a serious shortage of market supply side, the cost of its rising. can be said that the demand side, the two collaborated with virtual money, from high housing prices, people could no longer afford a room. This is the conclusion. (14:57)
[Lang] I I believe you all understand this sentence. so I am happy to answer the question the media. Why the past year, for the introduction of control measures in real estate so much, and basically fail? reason Where? The reason is you have neither insufficient for the market make a fuss about the supply side, you have not addressed the demand side of the market too much control of virtual money, conditioning. the result is of course the housing prices. Ladies and gentlemen think, in this case, you talk about Yes, should the U.S. dollar will produce economic environment. In our China is extremely complex, you see, I tell a real estate, a sector that is so kind of complicated. You can imagine the complexity of other industries today. We use simple economic thinking to handle such a complex industry, it must be reduced chance of success. This is certain.
course, I am speaking today, we should he understood as a positive assessment to say. I also hope that through this speech, to tell our government, in the end our goal of macro-control should be where? our means is a problem. So in this dual economic environment, I want to tell you. Why do you think you last days so difficult? I was in Shanghai to my mom and dad get some fruit to eat, I found that I just buy some fruit are five or six ten. Of course, I could afford, and five or six or ten I can handle. But five or six dollars and ten is very expensive. cherries are expensive, I determined to buy a car the moment I would hesitate to child. Why do you think? dual economy. I tell you today a very extreme example. because today many of them are related with the real estate industry.
you think about it, if we do entrepreneurs in the manufacturing sector, including pigs, chicken, ducks, and species of fruit people. We all because of deterioration of the environment for business investments and not to do. do what? otherwise go to property speculation, the stock market. Otherwise, developers like myself to do, like Haier. we are talking about one of the most extreme example, if We all shop and go about it. are to speculation, stocks or real estate promoter, you know this serious phenomenon? If we do not do production, and severe inflation will produce. This is why your mother, your wife or your home when the nanny to go shopping, I do not care to give you a place in any numbers are right. That is the price of your recent grocery shopping, at least up to 50%. Our consumer price index for consumer goods, the estimated number of people's livelihood is seriously underestimated. (15:00)
[Lang] pork, pig who is raising it? is the so-called cold sector of private entrepreneurs in the pig. pig-raising households is to some extent private entrepreneurs, he faces the investment environment is also an extreme deterioration of the business. For instance last year, imports of feed prices rose sharply, with Classical Swine Fever. enables private entrepreneurs pig pig he faces a sharp investment in the business environment deteriorate. in accordance with Professor Lang's theory, he would not buy a pig, and he should invest the money without investment take it speculation, stocks go. In other words, he should buy and not buy a pig pig spend them for the stock market speculation. in the end we found the Of course, rose sharply. Frankly speaking, at this point I want to give our government the top of a very highly. for encouraging pig farmers, the Government provided a lot of concessions. This is to highly positive. But I tell you , useless.
Why useless? Because pigs investment environment deteriorated sharply. This is the biggest reason. to push this concept to other industries. If we do not do production, have to speculation , stocks, or are like Haier have to do the same developer, you can imagine what the outcome is. the sharp rise in the price of goods, serious inflation. coupled with the imported inflation, coupled with our liquidity Indeed excess liquidity is not just the property prices, the main reason for rising house prices, the investment is the deterioration of the business environment. these factors came together that caused inflation. is the situation currently facing you. (15:04 )
[Lang] talked about here I believe you are all clear. I believe that we suddenly see the light, turned out to be such a thing. So, the next topic; because time is not too much, my next topic I believe all entrepreneurs are very important. According to my conclusions, and my conclusion is that the cause of the dual economic environment, because local governments as the key link to the concept of GDP, making and construction-related sector is overheating. coupled with the private entrepreneurs in the business environment facing the deterioration of the investment, resulting in the dual economic environment. cause I said before the results of all.
the last 15 minutes, I would like to answer all of you entrepreneurs, one of the most critical issue. That is Why your investment rapid deterioration of business environment? This is not the entrepreneurs want to know here? I will clearly tell you that your investment in the rapid deterioration of the business environment because this is my latest research.
that is your international division of labor in the whole industrial chain, you are positioning the value of the lowest in the industry. I invite all of you, you should never again think that China is a manufacturing powerhouse. this is the wrong thinking. really big manufacturing country not China, who? the United States. it just inside the entire manufacturing value chain to us the worst part of the Chinese people do, this is what we currently do. I Barbie, for example, in the last year and Barbie dolls China produced a serious trade dispute. you know that Wal-Mart in the U.S. dollar Barbie 9.99 yuan, China's ex-factory price is how much? 1 per U.S. dollar. (15:06)
[Lang] then left 9 under the U.S. who created it? is the product design, storage and transportation, order processing, wholesale business, retail and other large logistics environment created by the value of nine dollars. How much do we create? create a dollar value. you know this one how value is created it? is a waste of our resources, destroy our environment, the exploitation of our labor has been created by a dollar. When we created the value of a dollar after the bloody, we will also create a nine for the Americans the value of money. and dollar value of the nine Americans neither need nor labor exploitation damage to the environment need to soft link. the worst part of staying in China, called the manufacturing sector. you understand? part of the manufacturing sector, very interesting. I can answer your doubt in his heart. I think many of you here are parents with children have the woman, and you have an doubts in mind. Why is my baby girl, baby son, admitted to the University after hard .. .

Constellation little prince to want to understand the love --- so I know people love me

 Usually when the mind is happy and sad when lovers
think it is a friend
so much when I was sad when I think of who that loved one is not as good as he is willing to share my
sad people who love me because you want to share happiness ~
too easy for
sad at the same time if I tell two people I love and timely
comfort people with my hard times before
to me as the person ~
be together forever, but a man's thoughts often reverse the line ....< br> If he does not want to tell that person his grief
And that talent is his love
because he really could not bear to see his closest people he worried about nothing more ~
so many women want to tell her loved ones
my sorrow and my weakness let me know
How I wish to share with me ah ........< br> carefully choose a worthy feelings
love ~ just a little bit, but understand the impulse to connect
~ were less understanding not work
love into each other's lives not only have to be into each other
life ~ ~ ~
like it, is a touch of love
love, deep love is two people
together, not to each other warm, but because of love!

Interpretation of global affairs 2009-11-06 Eastern Time

 Worried about loss of national independence of the Czech Republic to consider withdrawing from the EU
】 【E Tasi comprehensive news agency reported on November 5, Czech President Executive Office of the Deputy Director Peter • Gaiye Ke said that for fear of adding the may be loss of independence, it might consider withdrawing from the European Union the Czech Republic.
E Tasi Club 5 reported, Gai Yeke told reporters: One possibility for example withdraw from the EU. Adams specifically requested Sudetenland after the war and the law of property to ensure the placement of .1945, the German defeat, the Sudetenland return to Czechoslovakia, where millions of German-speaking inhabitants were expelled to Germany .10 30 summit in Brussels The EU promised to give the Czech Republic added assurance, Klaus finally signed the treaty.
reports that the Czech Constitutional Court has passed a resolution to the This section of text, quote: Gai Yeke told reporters: a ;, or Czech president to sign the treaty before his mark in the.
However, we would like to emphasize that, despite the other EU countries, the end is a We have also seen French President Nicolas Sarkozy to Treaty that the is also the Czech Republic ; for strategic compromise (in order to pull together the European Union against China, especially in the economic, financial, full-scale attack on China, and is no longer desperate to support Poland, which failed to prevent Poland in the European Union under pressure to sign the ; consequences signed under the weight of the EU, then, without the strong support of the United States (especially economic), the Czech Republic is difficult Kang Zhu strong pressure from the European Union.
Similarly, based on the because, in the do), the United States to the Czech Republic can not provide force these countries to Russia sold the United States not only Treaty also went back around and discuss close to the start close to, and is fast approaching the ; of factors, more First 5 years for the first visit to Russia and a series of reversals, it is not difficult to understand in the end is why the.
Clearly, in the East commentators view, the direction of the United States in Europe, or between the EU and Russia, these means of displaying is the fundamental paradox!
In fact, the process of this series have a strong China factor, obviously, once considered the China factor, given that the U.S. Middle East policy, Eastern Europe policy, made great sacrifices, or, taking into account the layer of hell, both: Facts prove that these
visit to Asia before the American Council on Foreign Relations think tank (CFR) warned that if U.S. does not take positive action, and its influence in Asia, the risk of being marginalized.
CFR senior fellow Fang Yiwen (Evan A. Feigenbaum) and the Atlantic Council senior adviser Manning (Robert A. Manning) 4 jointly issued the report recommends, the United States must change the multilateral institutions in Asia to play a more strategic role, including support will include the U.S. APEC (APEC) and the East Asia Summit does not include the United States combined.
report pointed out that with the political and economic power of Asia's growth, their leaders tried to establish a multilateral framework to expand their influence, and stood by the United States over the past 10 years in Asia organizations into a new multilateral group's conflict with the U.S. goal of economic and financial mechanisms.
Japan recently proposed the establishment of Northeast Asia. They suggested that the As for ASEAN, the authors suggest, can not completely rely on the formal multilateral organizations, should strengthen bilateral contacts in Indonesia and Vietnam.
Fang Yiwen and Manning are two of the former senior State Department official, Fang Yiwen in Permanent Mission of the United States Consulate in Guangzhou will be Chinese, was Deputy Secretary of State Robert Zoellick, former U.S. adviser.
China and Russia today to discuss NATO convoy
【partition the Gulf of Aden, according to media sources in Beijing, China's national defense Ministry spokesman 五日 a press interview that the convoy of international cooperation in China takes a positive, open attitude, is willing to under the framework of the relevant resolutions of the UN Security Council, with all the countries and organizations of various forms of bilateral and multilateral escort cooperation maintenance of the Gulf of Aden waters off Somalia's peace and tranquility.
pirates of the United Nations Contact Group on Somalia Working Group requested the Chinese Ministry of National Defense will be held on November 6 to 7 international cooperation in the Gulf of Aden to escort coordination meeting, Russia , Japan, India, the European Union Navy, multi-national naval forces, NATO convoy perform tasks independently or jointly with the countries and organizations will be represented. The meeting was in August this year, international cooperation and coordination Bahrain escort resumed the meeting, mainly to discuss Gulf of Aden to escort the implementation of district cooperation to form the Gulf of Aden to escort the best practices of international cooperation.
Current Comments】 【Please note this passage, the original is: Barack Obama's visit to Asia before the American think tank Council on Foreign Relations (CFR) warned that if U.S. does not take positive action, and its influence in Asia, the risk of being marginalized.
Lee Kuan Yew shouting Asian attended various meetings and maintain a strong presence;
second, that U.S. policymakers The report reminds the U.S. government Trade liberalization and the Doha Round offset by the impact of regional trade agreements;
Fifth, suggested that the U.S. Sixth, the report concludes that: The United States should play a leading role in the Asia Pacific region, to achieve is to > In order to better interpret the report, the need to review the previous comments, we are on the Lee Kuan Yew, Singapore and some anti-government criticism of the practice.
First, in previous reviews about Singapore in the East commentator has all emphasize a point: since the time from Lee Kuan Yew, Singapore's very keen to portray itself as the world's great power relations of the the parties are asking ourselves, thereby enhancing its international status.
Clearly, age has a high Mr Lee Kuan Yew, and his recent , or he and his son (Lee), under the leadership of Singapore, many years later, his Singapore's economic miracle created after the sense of crisis as a small country, Lee Kuan Yew in international affairs political and economic interests.
for every sign of trouble, Singapore clamor to jump out the real reason for twelve
clear that the financial crisis in the U.S. and Europe face a comprehensive perspective of the lens, because of the absolute strength of the United States has already begun with the relative strength of the decline, the absolute strength and relative strength of China's overall increase, the EU political integration process has also been a substantial leap in global political, economic, military order, which also went to the In recent years, as China's national strength increased, in particular, as China's economy slowly becoming East Asia, and even the world's major driving force, the internationalization of RMB will gradually put on the agenda, Hong Kong, Shanghai, Dalian, Tianjin, , Tokyo Revival can not stop, then led by China in East Asia, and even Asia, it is impossible to serve it from the financial center of China's territory, or alienation under control in China.
Lee Kuan Yew public clamor balance China, whether in Hong Kong, or Shanghai, must be squeezed out of Singapore, Tokyo, the location of the existing financial center in Asia; As for Mumbai, India's financial center, given high expectations, the more there is no hope.
at this point, in order to a chance to fight for Singapore's Lee Kuan Yew, the heart is extremely dangerous, a Inclusion in the ; among
second to the international market pricing is concerned, whether it is Hong Kong, China, especially Shanghai, Dalian, Tianjin and other securities and commodity trading markets (including the proposed oil and other futures market), the inevitable squeeze New York financial center and the location of London's financial center.
At this point, in order to keep a little hope that the Lee Kuan Yew of Singapore, the intention is also extremely dangerous, a , should be more actively involved in regional affairs, or equivalent to the role of world leadership role will be handed it over to .....financial center of the Singapore's financial industry as a pillar to jump out the real reason clamor twelve.
far not to in recent years, Singapore clamor against China three times as many provocative
rough count, so The clamor are so several times: once in 2003, when China's fight against SARS, Singapore on New relationship ;, finally, Singapore's prime minister, went so far had also open to After the epidemic, not only failed in this regard China's economic recession, but quickly rebounded after the wise man thinks that Singapore Prime Minister and Tian Zhaolian delivery around words and Goh's folly, but the activity on the surface, the real policy behind the decision-making in Singapore is still the father who so-called Singapore - Mr Lee Kuan Yew.
other time was in 2004, that is, Chen Shui-bian in March with ; two bullets, dished out the Yuefa, obviously is giving Beijing a color to see: then means is that, if Beijing did not at the request of the United States, the United Nations to the United States to provide will be the China, forcing the Chinese into submission.
But Beijing with a tie. year in July, the then U.S. national security adviser Condoleezza Rice's visit also access failed. U.S. policymakers seem determined to fight to the official opening of China the first to jump out: despite Beijing's repeated warnings to leave Beijing in the Rice frustrated, paid a visit to Singapore, Lee Kuan Yew's son, when he was Singapore's Deputy Prime Minister Lee Hsien Loong, shocked to the so-called Taiwan, which insisted on preparing to fight the United States not even a follow. Americans were determined to play the card did not play out the final.
that the results be? The result is a series of Singapore hit by the Chinese government (to stop the official bilateral personnel exchanges, to stop Singapore's major economic projects in China, a full cessation of the FTA negotiations, etc.), during the Singapore media is like this time to defend Yao Li Guangguang general, the collective as Lee's . One of the most classic one is Koubuzeyan to the also refused to admit the beginning.
this way, Lee from the Singapore is not to make it, I had to Singapore Prime Minister Lee Hsien Loong, the identity of the core content of an article published as the ; open bow,
political decision-makers in Singapore, or Lee Kuan Yew and his son in the end it is wise or foolish? is the vision or short-sighted? fact has long been the answer!
As this time, Lee Kuan Yew, Singapore's founding father himself into battle to attack China at last, his son Prime Minister has been as timely as its words and deeds persons, or Lee Kuan Yew and his son in the end it is wise or foolish? in the end is short-sighted political vision or political? fact already had the answer; As a result of Lee Kuan Yew, Singapore's words and deeds will benefit or loss, in fact, have already been made refer to the answer a big difference, but also because of international political, military situation, especially the economic situation, relatively speaking, than any previous must have the interests of China, to the detriment of the United States, therefore, from the of the clamor, than any time before similar behavior in terms of Singapore, pale into insignificance.
in > From the above discussion, our advice is: stick with the last violent attack Singapore test the water can not make up for lost lessons Rim: Do not take Asia's many times to demonstrate. However, because investment is too large, difficult to bear their own strength alone in Thailand, Thailand has been fighting for other countries to build.
Clearly, in this issue, if the Prime Minister of Singapore Mr Lee Hsien Loong not come forward about his parenting I, or continue to be an endorsement of his father's nonsense, China may wish to Japan is actually one of Kra Isthmus Canal enthusiasts. The truth is this: Japan has repeatedly offered various proposals to avoid the Malacca and hoped a positive response from the Chinese.
to technical or financial resources, the cut Canal without any problems. and for the benefits, this opening of the canal once the original voyage of the Malacca Strait must be reduced at least 1126 km, journey time savings of 2-5 days, which is the region's economic development, economic integration in East Asia will have an immeasurable role in promoting.
the reason why China has huge economic benefits to this, the security interests of the same century works great hesitation, one important reason is that it is precisely taking into account the regional cooperation, taking into account the interests of Singapore too large. While at a critical time in Singapore to China many times insulted, and actively play a role in adding insult to injury!
Clearly, in the East commentators view the state as a predominantly Chinese Singapore, policymakers are well aware that China pay attention to traditional The to resist , also as before, as if nothing had happened, Traditional Chinese pay attention to want to century, one of the most ambitious project, to pull Thailand, and even economic integration throughout the Southeast Peninsula will have a huge role in promoting, and homeopathy to ; oral clamor, and take action, then.
However, whether Indonesia or Malaysia, the Philippines and even the country, due to historical experience and lessons learned, the domestic ; to much! This caution is far from relying on Southeast Asia's political and security strategy will immediately changed dramatically; and once completed, will result Eurasian trade routes changed. very clear, even if the U.S. wants to return to Southeast Asia, are faced with a Southeast Asia on beyond recognition.
Therefore, these possible changes, the great influence in the Philippines, but even the full return to the Philippines, the United States can not do, in order through the Latin American system of purpose , again recommended in the report observed: merge the East Asia Summit. , or the East Asia Summit and the Washington to son some bones, such as: US-Russian strategic nuclear consultations will be held in Singapore Chamber of arrangement, of course, help to improve the political status of Singapore.
The intention of the other side of fear is hidden in the report of the.
Clearly, the report nor Dengxianzhibei providers, their proposal is still very pertinent. As for why ; what was intended by the merger? emphasized: whether APEC is impact of the economic impact of the euro or interdiction beyond the Asia-Pacific economic circle.
discussed above, we have not difficult to understand, so-called by the sound of slogans that help in the United States to return to Southeast Asia would be best, if not, can the within a very wary of China and some allies (eg Japan, Australia, Korea, Singapore, etc.) for effective cooperation to prevent China will Europe), almost any influential countries are included in the to Aung San Suu Kyi, but do not forget, Burma and finally the official start of the pipeline, more interesting, because the Chinese regarded as internal affairs of Myanmar, Myanmar government forces lifted the bold armed; and because the Government has not within the territory of Myanmar ; pro-Western militants, ; confidently Myanmar's pro-Western government in Myanmar to lift arm) can not be honored, and that somehow, right on the cash economy?
very clear that the is the immediate economic assistance to Myanmar and investment.
Therefore, in the East commentators view the latest situation in Myanmar that the United States to return to return to Myanmar in Southeast Asia results would be very similar: and to balance China's influence can be, want to re-led political situation I'm afraid not. In other words, full back assistance, sought to strengthen the influence of this region, which, Oriental commentators are willing to re-emphasize our view that:
First, China's point of view standing in the world economy is still not out of recession, European and American financial remains to be further deepened the crisis against the backdrop of any to the is a US-owned Ye Hao, Japanese worth mentioning that these investments will have use of the Chinese economy and become a part of China's foreign trade.
commentators in the east of it, this seems to have become a Well, the Japanese Ye Hao, in order to balance China's influence in Southeast Asia, first of all have to pay, you have a large number of investments that do not come with economic growth can not, but the growth caused by these investments, in turn, the Chinese economy The full use of China's economy expanded more to promote regional impact.
Second, the absolute and relative power in the United States has been a serious decline ...

Kind of on the down, or I would buy you dare!

 Kind of on the down, or I would buy you dare!
Stock market as early as 8 am December 23, 2009 opening day on Wednesday
required reading
1, the U.S. tax cuts for the stocks of three consecutive home buyers S & P and Nasdaq up days were a record intraday high of 2009 in Europe, Asia-Pacific stock markets continued to rise CD A-share market fell below the half line
U.S. stocks rose slightly on Tuesday, has been rising for a third day, second-hand housing sales surge in November provides support for the market. American Association of real estate transactions reported in November on a monthly second-hand housing sales increase of 7.4%, well above market expectations of 2.5% last month, sales reached the highest level in nearly three years, compared with 44% last year . the government to provide tax breaks for the home buyers incentives such as substantial increase in home sales is an important reason.
Dow Jones industrial average rose 50.79 points to 10464.93 points, or 0.49%; the Nasdaq composite index rose 15.01 points to 2252.18 points, or 0.69%; Standard & Poor's 500 index rose 4.17 points to 1118.40 points, or 0.39%. Standard & Poor's 500 index and the Nasdaq were a record intraday high of 2009.
dollar index rose 0.3% to a high of 3 months. The dollar's rise to the pressure on commodity markets, CRB commodity futures index fell 0.7%. Gold futures fell 0.9% to $ 1,085.60 an ounce.
FTSE 100 index rose 1.14%, Germany's DAX index rose 0.75%, the French CAC40 index rose 1.1%. Asia is the major stock markets have gained 22. Japan, Korea, Singapore stock market closed up 1.91%, respectively, 0.69%, 1.22% . Hong Kong stock market, opening to go in the afternoon dragged down by the A shares fell slightly lower, the Hang Seng index closed up 0.69%, to close at 21,092.04 points; Enterprises Index up 1.20%, to close at 12,349.86 points.
(sand: U.S. Government provide tax cuts to support the recovery of the real estate industry is the main reason for today's U.S. stocks rise; recent U.S. stocks and the dollar's price formation mechanism
China Securities Regulatory Commission Chairman Shang Fulin said in Beijing yesterday to improve the GEM distribution and regulatory institutional arrangements to promote the accelerated development of new industries, and actively and steadily push forward market-oriented reforms, improve the level of market price formation mechanism.
4, Beijing soared to state-owned enterprises accounted for Liu Cheng
As the five ministries, Beijing this month to enter the market 3 yuan / square meter of floor price of the transaction, the total price of land in the service will exceed 100 billion yuan. more market estimates, the floor price for this block or break 4 yuan / square meter, the total transaction will be break even 12 billion.
(sand: why the end of a time when state-owned enterprises, private enterprises rush to blitz?)
5, Mr. Tu: no timetable for launch of an international board
Shanghai Municipal Committee, vice mayor Mr. Tu told reporters 22 interview, said that the launch of the SSE depending on the international board for enterprise, rule making and other related cases, currently no timetable.
(sand: the sand under the old view, the international board in 2010 or even 2011 have no hope of release.)
6, the Commission: the gradual relaxation of conditions for establishment of the securities business department director
SFC agencies recently said Huang Hong-yuan, the Securities Commission will gradually relax the eligibility criteria established by the Ministry of business, timely to consider further delegation of approval authority. Also, the Securities Industry Association, said the commission self-discipline to continue to study the issue.
(sand: the former in Shanghai, , the increase to the small and medium business department major cities, urban development.)
feeling of the old sand
1, kind of on the down, or I would buy you dare!
2, from now until New Year the former is Jiancang, Opening of, to dare to > 3,2010 winning or losing the year is up to you in the next twenty or thirty trading days this position may be!
4, the policy aspect of the present chaos of a clear understanding should be maintained, regardless of how to say, China's economy still in recovery, climbing stage, the various programs to stimulate the economy can not give up halfway!
Bo
bubble together the following article is written by an official of Development and Reform Commission, the old sand study reading times that is very valuable, perhaps on behalf of the central ideas for future economic development, are recommended for everyone, the article is longer, looking slowly read to mm
Society Secretary-General Wang
the outbreak of the subprime crisis interrupted the maintain a high growth rate, we must find new growth drivers.
original power disappear: not dependent on exports, investment is not sustainable
2003 ~ 2007, China's rapid economic growth came mainly from two aspects.
domestic front, the new century [39.72 0.03%] have occurred since the housing and automotive explosive consumer demand for the two to guide the upgrading of consumption structure, the structure of the corresponding change in domestic supply, energy, raw materials and machinery, electronics industry which access to tremendous growth. Internationally, there is a new wave of globalization, China's export structure to guide upgrades and make this period as the fastest growing export demand for power.
it has benefited from international and domestic both major structural change, China has maintained sustained during this period of high growth. which, based on steel and nonferrous metal sector investment growth rate of 120% ~ 170%, general equipment, special equipment, instruments and other equipment manufacturing sector investment growth rate as high as 60% to 70%, investment growth in the export sector are generally more than 50% over the same period of the investment growth rate of 31%.
power, but both are in a recession.
international level, Although the third quarter from a recovery in the U.S. economy, the crisis is not past, because the huge U.S. financial system In the , at least in the medium term future, can not reproduce the new century, world trade growth since the scene.
domestic front, with the deepening of the market, residents gradually widening income gap, which led the residents can not be the main revenue growth synchronized with the overall economic growth. the middle class in developed market economies, the proportion of generally about 80%, but the domestic relevant research shows the value of the median income in urban households in China accounted for only about 15%. This has led China's first money when it's part of the population after the purchase of a car and housing,
majority of the population can not follow up, which is difficult to form the 80s of last century China into the family of home appliances as the representative of as automobile and housing consumption by the middle class, driven by about 20 years of sustained high growth. which caused the overproduction, which makes difficult to sustain investment growth.
In response to the crisis, the Chinese government currently relies mainly on increased investment demand to hedge against decline in export demand, but this approach contains a sharp contradiction is formed if the huge investment in the current round of capacity needs in the future without object, it will form a more massive overproduction. Infrastructure There is also the problem of excess, if a loan to build the infrastructure not justify the utilization of a serious lack of investment in the banking system will lead to bad debt.
If the world economic crisis after 2011 broke out again, the Government will not have as The investment and loans so substantial room for growth. From this point of view, if it continues to remain at the front line of the original growth path, investment growth is not sustainable.
not dependent on exports, investment is not sustainable, logical The result will be China's economy will slow growth. at least in the repair process of globalization in the new decade, economic growth may fall to 7% or even lower.
1 poses two main problems around the distribution chain in China
The Government is clearly aware of the problem of excess production within the economy are sharpened, but also understand the current approach to security with increased investment in growth, with the next generation of excess production capacity is more conflict, the government has to suppress the outbreak of the crisis of overproduction as a macro the central task of regulation.
The main approach is to suppress the excess capacity on the one hand, one hand lifting consumption, hoping thereby to change the balance of aggregate supply and demand situation.
Although this approach make sense, but in theory it does not make sense on. Marxist modern mass production of capitalism has long been that the principle of social reproduction, there are four basic aspects, namely the production, circulation, distribution and consumption. surplus is allocated part of the occurrence of a problem, and we now have round and round in production only, bypassing the income gap is widening the conflict.
The result of this is because savings greater than investment in fundamental contradiction will not disappear, the pressure of the steel and cement production capacity, would give rise to excess of other departments. even as China's industrial capital in the country have no way out and a massive outflow of China is more negative. So, to bypass the distribution chain, no matter to what can and can not solve the problem of excess production.
the same way in an attempt to prevent the consumption by stimulating consumption rates continue to decline, the purpose can not be achieved. in the distribution structure does not touch the premise of stimulating consumption and short-term increase in consumption can only be moved forward to future consumption, peak consumption caused by stimulus inevitably connected to the next stage of a consumer downturn.
and, because they do not touch the distribution structure, is virtually impossible to cause a general increase in income of residents, the effectiveness of the stimulus will be extremely limited. such as the beginning of 2009, expected 150 billion element of the through the distribution chain to address the total social demand and supply balance, not only in theory, unreasonable, in practice, it must be the road gets narrower, in the short term there may be some small effect in the long run but they can not solve the problem of excess production and can not really improve the consumption rate. The Government is still hoping to promote the development of emerging strategic industries, but not big enough to replace the original pillar industry investment and export demand, but also market risk.
bypass distribution links to solve the problem, also brought two problems. First, macroeconomic control will become increasingly difficult. If an even greater crisis since 2011, hit again, due to overcapacity, pressure on banks bad debt, investment difficult to play the leading role, consumption is difficult to increase and other factors, macro-control will be into a corner. in the next crisis, the Chinese economy will be difficult like this to bounce back quickly and may even get out to the long-term.
second is the contradiction in the macro-control so that the reform and development relations into chaos. crisis, the government was forced by local governments at all levels of state-owned enterprises to invest in the platform to form the incremental aspects of property rights capacity really aroused the discussions, as a into the macro-control more difficult.
2 break with the distribution of the urbanization problems
widening income gap is already an indisputable fact, but there are reasons for income gap structure and strategy in two ways.
institutional reasons, the reform created new wealth class, they not only earn income through work, but also be able to get through the possession of production revenue, resulting in income to the phenomenon of minority concentration.
system caused by the income distribution gap is present we generally see and realize. now why would bypass the distribution of macro-policy conflicts, but also because the distribution system caused by very bad to resolve conflicts. because after 30 years of reform, China has interest in the formation of a complex and interest groups. Throughout the history of Western capitalism, the great social interest adjustments, always in the experience of violent social revolution and even before oscillation occurred. For example, the establishment of the Western welfare state, that is, the century until the Great Depression 30 years after World War II played a large number of socialist countries, the modern capitalist economic and social foundation is extremely shaken, the capitalist class was to spend money to improve the lives and welfare of workers, thus to maintaining social stability and The total supply and demand balance.
China's socialist market economy, establishing from the beginning until the current round of economic growth began to truly characterized by egalitarianism under the planned economy to get out, in a period of time gap opened for a large number of hard to avoid, if now on the market economy major surgery, not only for the big social oscillation, and it is easy for economy strong. So, while the institutional factors leading to disparities in income distribution must be corrected, but it should be taken to safe, progressive manner.
strategic reasons is that 60 years of New China has always adopted an urbanization lagging behind 45%, but it includes 1.6 million rural people. All told, the real rate of urbanization in China in 2007 only 34% lower than the statistics show that the urbanization rate of 11 percent. rest of the world in per capita GDP of 3,000 U.S. dollars time, the average urbanization rate is 55%, East Asia, Japan and South Korea is 75%, at the same level of per capita income, it is clear China's urbanization rate is significantly lower.
industrialized production of goods for the urban population, because Rural residents can live a natural economic production, so if not as long as urbanization, industrialization, that is, as long as supply growth, not growth in demand would have a serious overproduction.
reform and opening up, China's income gap between urban and rural residents 2.5 times, opened in 2008 to 3.3 times, so only 1 / 3 of China's urban population, but consumption in China, the whole population can account for more than 2 / 3 share. In Japan and South Korea, in the process of industrial take-off The urban-rural gap is also widening tendency, but the maximum 1.7 times, however, to the later stages of industrialization, rural residents also higher than the income of urban residents about 10%, is a process of contraction after the first pull is because their process of industrialization and urban synchronous advance of.
industrialization in China is obviously much faster than the pace of urbanization, which led to the production capacity when China has to meet the consumption level per capita GDP of 3,000 U.S. dollars, China's main residents mm9 million farmers per capita income less than 700 dollars. The study shows that the income gap in China, the urban-rural gap to account for about 60%, leading to the bulk distribution of contradictions.
knot untie the core of China's economy, which is can have social spending 10 trillion yuan from the current 20 trillion yuan increased to .2008, China's total retail sales of 10 trillion yuan, total exports is calculated by RMB 9 trillion yuan, if only the domestic consumption can be increased to 10 trillion yuan, no matter how bad the international environment, China's economy may also stays on, and which is dominated by domestic demand towards the long-term rapid growth of new track.
3 before the stock: the migrant workers and
family into what should be the urban population urbanization? My understanding is that the stock should be divided into two cities and the incremental phase, and direction must be led by the Metropolitan.
stocks are has been working in the city year round 1.2 million migrant workers, who have joined the ranks of urban employment, but because the house in the countryside, so in the city occupying a narrow shed, the consumption is kept to a minimum, wage income is basically returning rural households. The average standard, net of long-term stability has been living in the city of 20 million rural population, the 1 million migrant workers and their families into the city to be an increase of 4 million urban population, so that China's urbanization rate of 34% from the current raised to 64%. If the 40 million living in the suburbs, the rural population is taken into account, the urbanization rate also rose to more than 67.5%.
the new millennium, China's urbanization has accelerated the trend increase of about 0.8 per year percentage points, if these 440 million rural population into the city ten years to complete the task, will require upgrading of the next decade, urbanization rate, we must accelerate to an annual 3.35 percentage point than in the past 3 years faster times more.
the population of a small country like Korea as the source of the food into foreign countries, so in the industrialization and urbanization process, the food will inevitably conflict with the construction of the East Asian region than in any economy are sharp.
land available in China, but on the one hand serious shortage of resources, on the other hand there is a serious waste of the most prominent problem is the low volume rate of existing cities, and urban construction area from the urban built-up area compared to the cities is 2, China's Taiwan and Hong Kong is 1.2 and 1.6, respectively, while in China, even the most high-rise building in Shanghai is only 0.8, the end of 2007 the national average is only 0.5.
4.4 million rural people into the city if settled, it means that China's urban population to increase 1 times, in accordance with the present Chinese urban population density, we need to be accounted for 6,000 mu of cultivated land, which has not yet coming to an end, because China's population peak in 2030, the modernization of China will , the urbanization rate should continue to increase to 90%, is also an additional 400 million urban population, still have to account for 6,000 mu of cultivated land, which is the situation in China can not afford.
Therefore, we must make Chinese cities rates generally increase the volume to 2 or more, so that it can account for the new urban area of cultivated land under the premise of a limited increase in China's urbanization process to complete. From this sense, China's urbanization process must enhance the volume of the original rate of the city around transformation of the parallel advance, and this is the original expansion of the city continued to take on more rural population transfer, and not many new cities, new ways of.
farmers into urban residents into the city, the possession of the original homestead in rural areas and the contracting field must surrender, so that you can increase to remain in rural agricultural labor force per capita amount of cultivated land, thereby increasing their level of wealth, so that China's The two basic security and social security, the state should surrender homestead migrant and contract conditions for the exchange, to provide them with the two basic protection, this urbanization and rural areas the their land has long been the , we must use the process, so that a large number of farmers into the cities, will form similar to the South-East Asia and Latin America as a large-scale urban poor residential area. This makes sense but no need to worry about though. Southeast Asia and Latin America because of large-scale slum formation in these regions general lack of capital, so the city can not be a substantial absorption of the capital surplus labor in rural areas, but occurred in rural areas tyrannical annexation of land, a large number of farmers driven to the city again, so gather a large number of urban fringe poverty, the formation of slums.
But China there is no shortage of capital, currently only bad for bank deposits up to 19 trillion yuan, as long as China's huge rural population with the remaining capital cities combined, can have real productivity and consumption. specific practices, as urbanization start input, can be considered first by the long-term urban development bonds issued by the Government, on the one hand can be used for migrant housing construction sources, on the other hand can be used for the absorption of the urban enterprise employment of migrant workers and expand business scale of the investment subsidies.
4 further incremental: the direction of the Metropolitan
incremental urbanization is in resolving the current migrant, the follow-up to the problem of 4 million farmers into the city. This includes two things, first, township enterprises to urban concentration, is the establishment of a large metropolitan area.
154 million farmers in the township enterprises.
must increase the cost, but to a later stage of its shortcomings to become apparent. One has more arable land, the enterprise is not easy after the closure of large plants to take over other companies; the second is distributed layout can lead to centralized treatment of industrial pollutants, the current township pollution caused by enterprises already account for 45%; third is distributed layout led to modern finance, logistics, information and legal services are difficult to cover, has become an obstacle to continued development of township enterprises. these township enterprises have decided the city sooner or later have to focus on , back to the industrialization must rely on the traditional path of urbanization.
If there are 100 million rural enterprises from the local workforce is migrant workers, rural enterprises can bring them into the city of 4 million people and their families into the City, China's urbanization rate rose above 90% can be had. increments of urbanization in China should be better than the stock of slower pace of urbanization. But where the conditions are ripe, you can make the stock of parallel and incremental urbanization .
incremental urbanization The second meaning is through the government planning to make the original urban renewal, expansion and new urban construction, lead to the construction of China's urbanization Metropolitan direction.
plain area of only 12% of total land area of the situation, the decision of China's urbanization must be to build a large metropolitan area as the direction, must be engaged in highly intensive land use patterns in China's urban construction.
the Metropolitan model can most intensive use of land. big cities the amount of economic output per unit of land carrying capacity and population, than in small cities or even several times higher than the dozen. Moreover the reason for the metropolitan circle, the circle is a complete industrial system with to land use can significantly reduce traffic.
example, the mid-70s in the last century, Japan's transport area of only 115 square meters per capita, while the United States up to 1500 meters. from our perspective, the per capita area of the city since 2003 area of 210 square meters, of which about 80 square meters per capita traffic area, and traffic growth rate of the urban area covers an area of growth in per capita more than twice that at this pace, China's urban population reached 850 million and they will not because then covering to protect not go out to dinner while.
Therefore, China must be taken to the Metropolitan model, to promote the process of urbanization will in the end.
metropolitan mode can significantly reduce traffic transport demand, but also enhance their economic competitiveness of a region as well as an important way. From the comparison with Japan, we can see that when the two countries total GDP of 1.4 trillion USD in time (Japan, 1972, China 2003 ), Japan's cargo volume is only 38% of China's cargo turnover is less than 9% in China, because Japan adopted a metropolitan model, the transport between the three major metropolitan area less than the amount of all cargo 2%, while more than 98% are in the metropolitan area transportation needs within the the layout of the national economy or in the main distribution mode, a large number of manufactured goods from east to west, from north to south long distance transport, consumption in the circulation time and cost of its capital occupied for much higher than the metropolitan model . In this sense, the upcoming high tide of urbanization in China, which adopted a metropolitan area where the first model, which the competitiveness of businesses in the region and the regional economic impact of the higher.
essence, metropolitan model is the requirements of market development in Japan after the war out of the four land-use planning, are proposed greater than the power of government. However, if in accordance with the laws of market economy by the government to promote the metropolitan area with good planning the construction of the formation of metropolitan area can reality in the next 20 years to add more than 800 million urban population, and now only the Pearl River Delta, Yangtze River Delta and the Bohai region have begun to take shape metropolitan area, compared to China in the future will occur in the coastal and interior more than 20 large metropolitan area, the more need the government make urban development planning, and guide the orderly conduct of urbanization in China.
5 Conclusion
Central Economic Work Conference, to be based on urbanization, expansion of domestic demand, which is an important progress, but it needs further, because this is only proposed to encourage small and medium cities and small towns of the expansion, but this does not completely solve the problem of demand growth driving force.
2008 by the end of China's 200 million population of over 60% of cities coast, while 50 million people below 73% of medium and small cities in the Mainland China also accounted for a small town 2 / 3. so make small and medium cities and small towns targeted expansion, is the main increase in urban population in the mainland, but the farmers go out to work , the main flow to the coastal cities. So even with urban hukou workers to small towns to encourage farmers to settle in small towns in the Mainland because there is no more job opportunities, they will not flow to these towns, not to the family to migration of these towns.
If you want to urbanization as a new driving force for China's economic growth, we must first of all coastal cities as the basis to start, and then to the mainland cities as the basis to build a large metropolitan area. I believe the right path will eventually be recognized by everyone, and a large metropolitan area as the direction of the tide of urbanization in China will come in the near future.

Eason grandmother actually living by incommunicado (Figure)

 Eason grandmother actually living by incommunicado (Figure)
article: Jian Ming
beginning of this year, once a the first wave of music awards, including the 2007 Howard take the Ten Chinese Gold Songs Award Presentation Ceremony of three of the 20 awards, major vendors; plus the 16 concerts held last year a net profit of over ten million, called fame and fortune, fame, more people in the industry with respect, Jacky Cheung, Eason Chan has received the Song of God's banner, to become the new leader of Hong Kong music scene .....< br> But the old saying goes: The Classic. feet like a store room full of small flat, but the trash to the street to see whether there are surplus, the implementation of the best use is not wasted. Last week, Eason Chan to the Happy Valley food side, the door through his grandmother, but he did not hear of loved ones do not ask, pass not join the rush to leave, seeing such a cold and see the good side is immune Sun, watched her mother Eason rich grandson back, took out a tissue to gently wipe the eye, tells bitter relationship with Eason Chan: met! On Stage 1 all say hello to me play. rear lanes home, saw his eyes they look a stride away, that is also, only a hundred-foot big store rooms of zero, how, how music superstars volume was down too! site can see, the grandmother was Eason Chan Sun Bank had witnessed so good, as one that can meet with the grandson rare chat, knows just when the line out the door, Eason Chan has been running away, �ջ�ϲһ�� the way her mother, Dai Li out of a paper towel immediately after light wipe his eyes, heart is sad. relative to Eason Chan's fame, and I feel good compared to his grandmother, which seems very sad and lonely a home to live after the first shop store rooms Aberdeen, home furnishings simple, the annual session of the 87-year-old, she suffered from cataracts before, and now have heart disease, but the family did not even install safety bell, all the daily lives of the elderly take care of themselves, rarely visit the epigenetic generation. The flat schedule in his apartment in front of her mother love to play like the stairs, with the old neighborhood chat boredom; far as I know, although as a Bo also said frankly incredible neighborhood, wet eyes, see those sad.
------ Jian Ming blog, without consent, please do not reprint ------< br> More Original Notes:
Yang Ruoxi as the according to Buddhism, is asked again exposed the scandal
star draft, and good men like open room with the unspoken rules Dou Wentao for the first time responses than expression of anger
star also br> See also Leslie Tang Tang boyfriend, new love during his lifetime than the

January 2011 predicted that a new bull market began, the time period of 3-5 years - beyond the self ...

 January 2011 predicted that a new bull market began, the time period of 3-5 years, look nice ring to take advantage of the great bull market in the next 3-5 years to realize their dreams, it will be another life of wealth re- distribution, forget to take advantage of a nice ring. as far as possible sector rotation to achieve revenue maximization, to be highly concerned about the future high-speed rail plate, water blocks, cement blocks, as well as new energy, new materials, precious metals, securities business section. good take the wheel of the forum move. I believe your dream will be realized.
the global market has technical support
Online March, the Dow Jones index pattern of large, medium-term upward trend of record breaking. This is a medium-term external market trends on the domestic market, great support, is a strong factor in support to do more.
form on the dollar, the pattern is the large drop in the middle, medium still continues down the refresh time low trend. dollars from the fundamentals requires a lot of printing money to solve many economic aspects, fundamental and technical support medium-term the dollar continues to fall. which in turn support the Dow Jones index of medium-term may be expected to continue to refresh the record high as the dollar has seesaw effect with the Dow Jones index.
commodity form, the history of high and volatile short-term needs, while still have the opportunity to continue upward medium-term expansion of space, while the medium-term dollar decline is likely to continue to enhance its probability of . Of course, where the fundamentals do not support staged a significant strength to continue, the stage will inevitably lead to violent fluctuations in turbulence.
global markets are interdependent, mutual authentication of the market, the end result is that the fundamentals to support the global market is finally out of the wave of the domestic market, up quotes.

global lack of liquidity is not awash with liquidity, is the moment is the inevitable future of the global capital markets, financial problems eventually require any money to resolve. When the developed capitalist countries, the lack of sufficient funds to support the time, the end result must be vigorously printing, helpless but Required.
Therefore, by this point, from a global point of view, hot money is certainly not lacking . from the domestic level, the domestic situation is much better than many countries in the world talking about the expansion of monetary policy, we can choose the relative austerity policies, the strength evident.
However, such a policy and do not let the market really short of money, dividends, not the myth in the present, especially in Jiangsu and Zhejiang, where the private capital a little one is excited, the capital market is to bring the ammunition to support it.
shares the interests of the times the need to maximize my investment system
There is a saying in one of the core idea: do more short does not matter which side is to maximize the benefits.
index futures era, what direction to grasp the ultimate best money? half of 3000 fell to 1,500 points, it just doubled the price difference, but here the decline is limited; if the rise is double the 3000, if it is 2 times 3 times or 10 times, how much space, and There is almost no top.
in stock index futures under the magnifying effect of leverage for the funds, the amphibious warfare, then, is to enlarge their interests do not know how many times. So, as long as conditions allow, will eventually do more strongly interest groups will prevail and drive the market to do more.
stock index futures market so far, not really a big wave of market, as institutions continue to open in the depth of involvement, from the point of view of maximizing the interests of the future is not the probability of occurrence is very low wave big move, it can be said that this is the background of stocks to maximize the interests of the needs.
reflect the fundamentals of the stock market ahead of
I also think that the global economy once again into economic prosperity requires at least 3 to 5 years, but also is the case, no matter how frustrating the future economic, There will always be expected to better; and with these expectations, is the most powerful energy to do more. The stock market is reflected in an earlier volume, is reflected in an expectation.
like stock speculation, as long as the last story did not deliver the expected implementation of the often repeated shocks will continue to move forward. The Dow Jones index is more severe in the U.S. economy as a whole background, to get out gradually approaching the record high volatility, is a testament to the already occurred.
the global economy or the need for at least 3 to 5 years to fully enter the economic boom, is the best capital market in the future to do more basic.
comprehensive The above five points, in the current market may be in the context of the eve of a new bull market, we need to do more is the preparation, that is, all ready to face the future with possible new bull market. Although not say that the recent low stock point is the future of a new bull market lows, but I believe the moment will be the future of the region's relatively low in the new bull market.
Finally, the future we need to do is know how to share the background under the rules of the game on the premise : 1. think most imaginative plate (from the technology and the area to look for); 2. configuration is the most emboldened species (from the second to go blue-chip mining); 3. focus on the most have a story to share (from the restructuring and low price to hold in).
Eastern wealth through: top free software stocks (new research reported Daquan) high-speed rail, water, protection of the biggest beneficiaries ------- cement room. continue jiacang lion share

The first support Taiwan-funded enterprises successfully issued RMB bonds in Hong Kong

 Beijing China Economic Net News February 14 10, by the China Industrial and Commercial Bank, a wholly owned investment banking subsidiary of ICBC International and Taiwan SinoPac Securities (Asia) Limited as co-chair underwriter and bookrunner of the Yuen Foong Yu Cayman Islands company 300 million yuan bonds in Hong Kong was successfully issued. This is a Taiwan-funded enterprises in Hong Kong first branch of RMB bonds issued for the Taiwan-funded enterprises in the Mainland's development has opened up a new financing channels. It is also, ICBC International and SinoPac Securities following the September 2010 to jointly promote the Yangtze River boat Holdings TDR (TDR) listing of the further co-operation project for the deepening of cross-Strait financial cooperation is of great significance.

issuer Yuen Foong Yu Taiwan, Cayman Islands companies listed Yuen Foong Yu Paper Co., Ltd. (largest private paper-making enterprises, ranking the leading position in the paper industry. The Yuen Foong Yu yuan bond issue to take private the way, release the amount of 3 billion yuan, 3-year term bonds, sold to institutional investors.

Insiders pointed out that the first branch of renminbi bonds in Hong Kong and Taiwan enterprises a smooth release of capital markets is expected to bring more Taiwan businesses and investors to choose the renminbi-denominated financial products, to speed up internationalization of the RMB to promote the construction of Hong Kong's renminbi offshore center. Meanwhile, the cross-strait economic agreements (ECFA) since the official launch of cross-strait economic exchanges warming. Taiwan-funded enterprises to expand the issuance of RMB bonds in Hong Kong, new financing channels for closer cross-strait economic exchanges and trade cooperation, strengthen Taiwan-funded enterprises to contact with the mainland market, help Taiwan-funded enterprises in the Mainland and better development.