Wednesday, December 25, 2013

Real estate tax and fee

Director of the 21st century real estate market SangYu peak that per capita living area is a progressive tax rate of the property tax,A106 High quality carbon structural steel tube is important basis to push forward the reform of real estate tax as a whole.And the property tax is imposed, it needs to be implemented as soon as possible the national real estate information network.So, with a number set of the holding cost increase greatly, and luxury housing second-hand housing, the housing stock circulation rate rapidly increase, the real estate market stable healthy development is possible.SangYu peak, said Yin in advice, point out the several main problems affect the real estate market development, and there is no technical problem to solve these problems, the maneuverability is very strong, hope his proposal can be adopted in the relevant decision-making departments, as soon as possible, promote the establishment of a long-term mechanism of real estate, real estate regulation will forever is a deficit, the government, developers and consumers will never satisfied.

In Yin qing has long served as director of the National People's Congress standing committee,schedule 40 galvanized steel pipe deputy director of the general office of laboratory, have a good study of real estate regulation and its long-term mechanism, and insist that it is undeniable that there is a real estate bubble.

Deputy director of the state administration of taxation of the original Xu Shanda said in an interview with the 21st century economic report reporter, the owner of the property is the country, and the owner of the property is private, is appreciation of land, housing is weakening, the value how to separate?There is no an advocate of the real estate tax in legal theory and theoretical explanation, need to study of the National People's Congress.Xu Shanda, according to the real estate tax legislation process takes a long time, finally to make a law with Chinese characteristics.

Sunday, December 22, 2013

Oil and gas industry

Compared with those of other mining giant BHP billiton has not stingy investment in oil and gas industry.In 2011, the company to reduce the expenditure of the other projects,asme b16.5 slip on flanges a105 hit $20 billion takeover of the shale project, including spending $4.75 billion to buy the gas producer Chesapeake (Chesapeake) part of the assets, although affected by the beauty of natural gas prices fell sharply, the assets of failed to bring profit to BHP billiton, can actually make the loss of more than $2.8 billion m, but BHP is still in the same year, and the price is for the unconventional resources in Texas and Louisiana.
McKenzie has been bullish on shale industry, he before entering the mining sector, who used to work in BP (BP), the low risk state investment large, long-term resource projects.BHP billiton oil and potash, head of Tim carter said: "for decades, conventional oil and gas business, especially the Marine oil and gas business has become the basis of our oil business, the current company onshore unconventional areas are in a strong position in the United States, the country has become the main source of cash for another company."

Thursday, October 17, 2013

China today listed futures to iron ore pricing power

If the past 10 years in China and the three major mines in the international iron ore price negotiations experience compared to a football match, so, this is clearly a struggle between weak disparity:API 5l spiral welded carbon steel pipe despite having super center of baosteel, star front such as wuhan, anshan and gold coach cisa, but China is still struggling to keep up: not only repeatedly lost big shot (pricing), more often be LengShe countered sign the agreement) the (Nippon steel, also is an awkward (Rio tinto spy door). Once, the coach named him personally, one-sided has been unable to rewrite the score.
Since 2003, iron ore prices from $30 per tonne to $130 a tonne, the highest reached nearly $200 a tonne, up more than 5 times. Over the same period, domestic rebar prices only from 3000 yuan to 3500 yuan per ton,schedule 40 galvanized steel pipe tons of profits and even less than one kilogram of pork.
Steel mills worried, but suffer from the ball is not in his feet.
This passive situation may change in the near future.
Starting today, the Chinese have a new secret weapon in the game: iron ore futures contracts today officially listed. Another heavyweight after thermal coal futures commodities futures, vying for influence in the commodities industry on the iron ore futures always,ASME B16.9 std a234wpb pipe elbow more for Chinese steel mills to the three major mines bastion "monopoly" war horn.
The securities and futures institute of Beijing industry and commerce university Hu Yu more for the Shanghai newspaper reporters, national strategic resource commodities to preempt the commanding heights of the deployment of accelerated, the contradiction of China's iron ore pricing power consumption and small countries need to be addressed, the iron ore futures market will provide an important basis to improve voice condition.
In the industry point of view,diameter 219mm erw carbon steel pipe manufacturers this is China in vying for influence in the long iron ore pricing, the key step of the way the "shock" effect to be reckoned with. But because of China's iron ore import dependence degree is higher, and the futures market is still not open to the public, domestic enterprises in the face of the highly monopolistic upstream resources industry is still a long way to go.

Friday, October 11, 2013

Major markets in the asia-pacific region rise and fall

As investors continue to see progress in the United States government debt impasse,ASME Carbon Steel Welding Neck Flange major markets in the asia-pacific region 10, rise and fall.

On the same day, Tokyo stock market's nikkei 225 stock average price index than the previous trading day up 156.87 points,carbon steel seamless eccentric reducer 14194.71 points, or 1.12%. Singapore straits times index rose 15.07 points, 3169.91 points, or 0.48%. India mumbai stock market sensitive 30 index rose 23.65 points, 20272.91 points, or 0.12%.

New Zealand stock market NZX - 50 index rose 6.75 points, 4717.38 points, or 0.14%. Manila's key stock index rose 58.22 points, 6435.97 points,thermal expansion of seamless steel tube or 0.91%.

However, China's Hong Kong's hang seng index fell 82.67 points, 22951.30 points, or 0.36%. The stock market in Sydney,API oil welded steel pipe ASME B36.10M hebei manufacturer Australia's S&P/ASX200 stock index fell 5.9 points, 5147.1 points, down 0.11%. Seoul, South Korea, the stock market composite index slipped 1.36 points, 2001.40.

Thursday, September 26, 2013

Five port iron ore futures delivery place is located in the bohai sea

Dalian Commodity Exchange of industrial products, head of the department yesterday to the "first financial daily" reporter revealed that the iron ore futures delivery point f consider setting up in bohai sea area of Qingdao port, tangshan port and caofeidian) (including Beijing, rizhao port, tianjin port and lianyungang,galvanized steel pipe manufacturers china and library and port setup factory in hebei tangshan area.

The above said, this design is mainly based on conforms to the spot market trade flows, give attention to two or morethings safe-haven demand and strive to reduce the risk of delivery.ASME B16.25 Welding on the pipe end cap Iron ore trade hub for the five ports, import ore port trade, usually part of the water transportation of domestic iron ore trade also often in the port, coastal ports has become the most concentrated iron ore trade, active area.

The head also said: "dalian in setting up iron ore futures delivery and place of the region,45 degree short radius pipe fitting elbows mainly considering iron ore trade flows and the characteristics of the price. The northern bohai sea area of Qingdao port, tangshan port, rizhao port, tianjin port and lianyungang is our country the main iron ore port to receive and unload incoming trains, and the cumulative discharge volume accounts for about 60% of the country's total, total iron ore inventory accounts for about 62% of the country's total."

In addition, dalian and part of the ports set up factory in hebei tangshan region library. Hebei province is China's iron ore,astm a53/a106 gr.b carbon steel tube Sch 20 LSAW steel pipe consumption and trade area, the most main region in 2012 the iron ore production and consumption of the country's total accounted for 40% and 24.9%.

Monday, September 23, 2013

The rating of the local government credit difficult

Local government is a special kind of evaluation main body, in terms of rating ideas and elements with industrial and commercial enterprises. Three international standard &poor's,Hot Expanded welded spiral steel tube a rating agency, moody's and fitch rating of local government in the United States, are made according to the individual credit rating and external support factors of local government, to the comprehensive evaluation of local government's credit rating. To borrow the experience of the three major rating agencies, the Chinese academy of social sciences and in debt credit for China's local governments are adopting "individual support +" rating train of thought, in full consideration on the basis of the characteristics and development trend of China's local governments,carbon steel spiral welded tube summing up the rating of the local government itself factors, as well as the external support rating elements, to establish the local government's rating method.

Look from the rating factor, individual credit risk of local government focuses on economic strength, financial strength, the government governance, regional financial ecological environment and so on four level of evaluation index; External government support factors focus on the support of local government credit level, political importance,large diameter ASTM end cap for water pipe and economic importance, the risk of moral hazard and historical support four evaluation index.

"To local government ratings must be balanced with the risk of regional differences and local government transition." When people speak in a banking also pointed out.
In addition, to participate in the seminar of many in the industry have also said the credit rating is not an easy task for China's local governments.Director of bond credit rating in the bell said,SCH80 ERW Steel Pipe local government credit rating in China is still in the phase of "simulated dish". In some ratings on key points, also controversial, such as our country the government at a higher level and the relationship between the government at a lower level evaluation, whether selling off its "emergency" of state-owned assets, paying off its debts, etc. In addition, local financial data and relevant financial data transparency and debt deal with insufficient standard also bring challenge rating data access and accuracy.

"China's local governments spare no effort to use the local financial resources to development in recent years, the government's degree of economic and financial intervention is more and more deep, the rating agencies may understanding the assets and liabilities of the local government to bring greater difficulty." A experts attending the meeting of the economic information daily, reporter said.

The personage inside course of study points out, the local government credit rating system to establish a long way to go. Local debt rating is not based on one year of data can be concluded that need a certain continuity. Therefore, although the build system of local government debt is big, but it is hard to happen overnight.

Saturday, September 21, 2013

A lot of hidden debt risk hidden trouble

China's local government debt scale what size is it? It is difficult to accurately answer this question.Due to the restriction of the budget law of the People's Republic of China,galvanized steel pipe manufacturers china at present our country is not allowed to directly in the capital market financing of local government. In issuing local government bonds by the ministry of finance, therefore, under the condition of small, local government in China's main financing model was established by the government of various financing platform to the society or borrowing from financial department issuing corporate bonds or debt of the project. And these repay or guarantee responsibility of local government debt, known collectively as government debt.

It is worth noting that the debt financing platform is often hidden and latent risk. According to the special of the people's bank of statistics, as of late 2009, the local government financing platform indebted amount is about 9.76 trillion yuan. Debt in the credit,60mm thick wall seamless carbon steel pipe points out that despite the local government financing platform, debt financing to relieve the tense situation of local government infrastructure construction funds have played a positive role, but also has some problems, such as: insufficient standard operation,API 5l X52 steel pipe and tube there are some government financing platform assets allocated at random, violate compasses guarantee, investment is not real, and so on and so forth; Some local governments use multiple financing platform or rely on land finance excessive borrowing, and is not included in the budget management, large-scale recessive debt may lead to the excessive expansion of local government debt. In addition, the local government financing platform for the debt financing cost is high, its interest rates much higher than the Treasury bonds issuing local government bonds, this just more pressure on limited financial capital formation.

According to the national audit office of previous audit results, at the end of 2010 the national local government debt balance 10. 7 trillion. And during the two sessions this year, according to the official audit, Chinese governments at all levels of total liabilities should be between 15 trillion yuan to 18 trillion yuan. The risk of local government debt has caused the attention of the top, the end of July, the national audit office has been under the state council's demand to audit authority to audit again for government debt, audit is wider, audit project is more fine.

So far, this round of audit results government debt has not been released. Some industry experts,JIS 5K Plate flanges however, gave his estimate. Researcher at the institute of Chinese academy of social sciences financial Liu Yuhui held in 16, local government credit rating, speaking at a conference pointed out that after he had done according to China's commercial Banks balance sheet estimates, China's overall debt in 2012, under the "growth" policy guidance, a new round of expansion of credit open, financial institutions leverage rises, in this case, the local government debt are expected to rise further, compared with the past. He estimated that if the bank credit in the table of the financing, bank financing platform as the financing channels of financing platform and B T construction between local government debt, put together, which is formed by the debt significantly beyond the level of 2010, has reached 20 trillion yuan, I'm afraid.

In debt issued credit ", the main body of local government credit rating method in China, points out that at present, the deepening of urbanization in our country is still at the stage, local government infrastructure financing demand is very big, is expected to keep annual investment in 4 trillion yuan to 5 trillion yuan, the local government revenue cannot meet the demand of infrastructure investment, is expected in the future will remain a lot of local government debt.

Sunday, September 15, 2013

After the financial sector reform who will be next?

On the BBS, as in recent months has experienced money shortages and "oolong refers to" let go of the multiple accidents and lending rate policy changes, such as China's financial sector to sch160 thick wall water pipe welded steel pipe become one of the most discussed topic areas, for the future development of basically the same judgment also, which speed up the marketization reform in the field of financial capital.

Li keqiang, the prime minister also said that the next step to promote the reform of financial system in China, the key is to adhere to the basic orientation of marketization reform, actively and steadily promote the marketization of interest rate, exchange rate, gradual RMB convertible under capital items. "As nature has trees, grass. Business with multinational corporations, JIS MS plate flat welded forged flange and there's a small micro enterprise. The financial system should also have ecological circulation, also has the small cycle, both big Banks, there are also small Banks, and even have a village Banks", li said.

Like tsinghua university, China and the world economy research center director li (weibo) point of view, the financial sector reform has been basically shaped, controversial relative is not very big, interest rate marketization, gradually open capital account, the exchange rate further open, ASME B16.9 Butt Welded reducing tee and asset securitization, and of course in the field of financial reorganization, bad assets reorganization, actually is the trend of financial reform.

Who will be the next? Observers note that the Chinese government has recently increased in the field of economic crime investigation dynamics, on the one hand is against foreign drug companies, API 5L X65 Steel Pipe foreign brand milk powder and other alleged monopoly, on the other hand, a survey of the domestic enterprises such as oil monopoly of corruption.
Li daokui, notable is state-owned enterprises, the reform of state-owned enterprises mentioned what height, what specific measures worth waiting for. According to industry experts, breaking the monopoly of state-owned enterprises, let more what are allowed in the industry, the market competition, is the future for a period of time plays an important role in promoting the economic rejuvenation of China.

Notable is, the davos BBS, the debate about monopoly and monopoly became one of the most busy moment. "China held on September 12th to consumption state" of the points on the BBS, says Mr Li, vice-president of China mobile, complained that you always give us the hat buckle "monopoly", it is the home of three carriers competition is fierce, now who don't use micro letter, micro letter is the monopoly.To this, the famous economist, he retorted that says Mr Li is to confuse the correct meaning of monopoly, the real monopoly is the government doesn't allow free access to market in some industry. Is not a competition among major operators, but infighting, China mobile is a monopoly.

Wednesday, September 11, 2013

Economy situation to be seen

But the economy as a whole is big rebound carbon steel spiral welded tube trend, remains to be seen.At present many institutions expected industrial growth in August than in July continued to rise. Such as, speedy securities bocom August industrial growth is expected to 9.8%, 9.9% black carbon steel butt welded concentric reducer respectively, higher than 9.7% released in July.

However, united securities analyst Yang for Xiao believes that the current industrial growth is higher, is SCH160 Nominal Wall Thickness welded Pipe associated with short-term added industrial products inventory. The persistent difficulty is very big. Industrial production or there will be upward fatigue phenomenon, and in the fourth quarter carbon steel api 5l grade B tube fall risk.Bocom released according to the report, the current domestic industrial overcapacity is still grim, consumer demand is basically stable, did not see upward inflection point, weak stabilizing external demand, export boost has great difficulty, whole year is expected to industrial production rebounded sharply probability is not big. Our reporter learned that in September around the industry and the whole society from electricity utilization dropped sharply, like henan early September day power consumption, and in May this year.

Overall power and energy intensive industry is still weak. Henan province August 1 - all social power consumption of 193.3 billion KWH, up 4.57% from a year earlier. But four big energy-consuming profession 70.4 billion KWH electricity in henan province, reduce 2.91% year-on-year. Including aluminium, steel, chemical industry, building materials industry electricity year-on-year decline 8.03%, 1.8%, 3.74% and 1.8% respectively.

The price of coal is still negative. August producer prices for coal mining and washing industry negative growth of 12.4% over the previous year, fell 1.5%.For the growth of the whole society electricity so quickly, why not rising coal prices, China's coal transportation association consultant Wu Chenghou believes that the main reason is that power plant coal inventory is very big, at the same time generating hours is still very low. With rapid growth of electricity time is limited, "so the economy is still not real big rebound. For coal demand."

But xiamen university energy research center director Lin Bojiang thinks, industrial power occupy the lion's share of the electricity in the whole society, electricity in the whole society, means that the economy has rebounded, September electricity in the whole society is expected to continue to get better. As for coal prices fall, is not the problem of coal demand, but coal too serious excess capacity.

Sunday, September 8, 2013

Yearly salary 250000 oil in place class cadres

On August 25, sasac website announced that 5D induction bends 90 degree in October 31 2013 state-owned assets supervision and administration system of supervision enterprise employees salary ANSI Sch40 butt welding eccentric reducer pipe fittings survey work.
This survey is aimed at the provinces, autonomous regions and municipalities directly under the central government JIS 5K Plate flanges and cities under separate state planning and xinjiang production and construction corps sasac sponsor responsibilities of enterprises, and the central enterprises, and for the first time the state worker "wage income" into the scope of investigation.

"At present, state executives and ordinary Carbon steel threaded ASME B16.9 concentric reducer workers wage income gap is more and more big, the average gap is close to 20 times, some enterprises CEO salaries or even one hundred times higher than ordinary workers." Sasac research center researcher distinguished MingZhong off an interview with time weekly reporter said.

In the past, state the worker's wage income outside, including workers' welfare, compensatory endowment insurance premium income (enterprise annuity), supplementary medical insurance, housing accumulation fund, all kinds of commercial insurance and so on, has not been included in the state-owned assets supervision and administration of state-owned enterprise total wages statistics and standardize the management.

In take off MingZhong view, the state-owned assets supervision and administration commission of the state council has launched soe employees salary survey may be based on two reasons, one is the response of the state council announced at the beginning of the several opinions about deepening the reform of the income distribution system, heralds the state-owned assets supervision and administration is rushing to research the income distribution system reform of state-owned enterprises supporting scheme and the detailed rules for the implementation.

The second is to strengthen the foundation of the state-owned enterprise income distribution regulation, improve the work of supervision enterprise income distribution regulation of state-owned assets supervision and administration system of scientific, reasonable and accurate.In fact, dominated by the state-owned assets supervision and administration compensation investigation since 2007 for a year, but the result was never published. And the departments of state and the operation is caused people curious about the height of the topic: how the state employee salaries and benefits?

Thursday, September 5, 2013

Beijing sihuan prices as Hong Kong

China index research institute (microblogging), the latest figures show the cities housing prices in August 15 consecutive month-on-month rise. Among them, Beijing rising from the most 90 degree pipe fitting long radius elbow obvious, is up 3.22%, year-on-year increase of 22.49%. Within 2013 years ago in July, Beijing sihuan commodity residential house to clinch a deal for an average of 42259 yuan/sq m, up 24% year-on-year; Has roughly doubled in four years ago.

Midland realty, according to data in the year to August 2013, the famous Hong Kong 100 small and medium-sized private estates to clinch a deal for an average of 7203 Hong Kong dollars per square Industry Standard Welding Neck Flange foot (press) of computation of building surface, about equivalent to RMB 62000 / per square meter. Among them, the location close to the third ring road in Beijing - Kowloon 8042 Hong Kong dollars per square foot of sihuan, of about 70000 yuan/square meters. And new house average Double-sided submerged arc welding steel pipe price near Beijing, already up to 60000, and very close to Hong Kong, the north has up to 50000-60000 yuan/square meters. Of houses in the centre of the city is also a lot of the unit price to $80000 above, with the Hong Kong island district average approximation. If it is the school district room is almost as if house prices in Hong Kong.

However, if consider Hong Kong to buy a api 5l x50 seamless steel line pipe house is to press set inside area calculation and exchange rate factors, Beijing sihuan rates can be as Hong Kong. To middle-class families buy a set of available for ordinary residential as an example, the basic living in Hong Kong, shatin, area (the equivalent of Beijing sihuan) to buy a 70 square metre (set) in residence, approximately hk $7 million, equivalent to about 5.6 million, and in Beijing sihuan a construction area of 100 square meters, set inside of about 80 square meters of housing, is 5 million yuan RMB, the difference is not too much.

Beijing sunshine 100, deputy general manager of real estate Fan Xiaochong also told our reporter pointed out that of the first-tier cities, including Beijing house price matches the world-class cities such as Singapore and Tokyo, and cost-effective compared to these cities, there are prices artificially high.
So far, the heat of the Beijing property market is still increasing. According to centaline property market research statistics, the first eight months of the year, Beijing new housing (excluding the affordable housing) signed total 59039 sets, with a total construction area of 7.01 million square meters, the volume is the second peak of the last five years, after 2009.

In contrast with Beijing, with a record high of the Hong Kong real estate market is weak. Last August, after several regulatory policies by the government of Hong Kong, the property market trading day is cold, house prices to smooth, mainland investors also elusive. Journalists access to Hong Kong transport and housing authority land registry data found that building business contract number only in Hong Kong in August 5111, last year fell fifty percent year-on-year.
Hong Kong CIMB securities research report pointed out that Hong Kong property prices in the unstable state of bubble, estimated 2014 property prices fell 10% ~ 15%, could fall another 15% to 15% in 2015.

Wednesday, August 28, 2013

For the province's industrial transformation and upgrading

In Ren Qiushi province industrial enterprise "two" the fusion of the on-site meeting understands, hebei will speed up the implementation of traditional advantage industry short radius 90 degree elbow informatization transformation, energy conservation and emissions reduction information, industry clusters to improve informatization five engineering, deepen the information technology application in the field of industrial integration, to promote industry innovation drive, green low carbon, intelligent manufacturing, and service development.

It is understood that the province's hall 7D Butt Welded Bend Pipe fittings renovation project will accelerate the implementation of traditional advantage industry informatization, pays special attention to 100 a year to "two" a traditional industry integration of key projects; Deepen informatization engineering, energy conservation and emissions reduction encouraged industries such as steel, cement, glass enterprises to adopt automation and information technology, building an enterprise energy sch80 galvanized carbon steel pipe management center, improve the level of intelligent energy utilization; Development of e-business and modern logistics engineering, cultivate 100 e-commerce platform; Advancing manufacturing informatization engineering science and technology, based on the data center of a new generation of integrated collaborative technology, selection of steel, medicine, equipment industry leading enterprises to demonstrate the application; Implement industrial clusters information engineering, to upgrade to ten big industrial base and the key industrial park as the focus, perfecting the information infrastructure, improve the campus construction of park management platform of public service, attract and derivative associated enterprises to accelerate the aggregation.

According to introducing, in hebei province will be through the continuous implementation of five projects, strive for to 2017, the main industry of large and medium-sized industrial enterprise digital design tools penetration rate reached 90%, the key process in numerical control rate of 75%, "two" integration of public service platform to 120, the province's total e-commerce transactions reached the target of 1.8 trillion yuan.

Tuesday, August 27, 2013

Marine engineering maintain high sentiment

Industry in shandong province and Qingdao city government department management, ship and Marine engineering equipment industry is together, generally referred to as the ship Marine equipment industry, the industry is clearly share some, in fact, today's bleak in the shipbuilding industry, Marine engineering enterprises are reluctant to link and 90 degree pipe fitting long radius elbow shipbuilding, shipping companies have to make special ships or high value-added Marine engineering equipment.Cimc raffles and is located in yantai factory plugin with two company name: yantai cimc raffles and Marine engineering co., LTD., yantai raffles ship industry co., LTD. "In fact we do not make the traditional ship, mainly for high-end Marine engineering equipment, such as semi-submersible drilling platform, jack-up drilling platform, shipbuilding and special purpose ships, such as floating production, storage vessel, floating crane, laying ship, etc." Yantai cimc raffles and Su Fei Marine carbon steel seamless eccentric reducer engineering co., LTD. My manager said that if the shipbuilding and Marine engineering equipment do distinguish between industry, the company belongs to pure offshore companies.

Cimc raffles and is a typical ship companies transition from shipbuilding industry equipment to the sea, a former Singapore holding company, in 2008, cimc group (000039, shares) acquisition of yantai raffles and, the company has been working to the sea.Marine equipment ASTM A106 seamless carbon steel tube industry for nearly five years high speed development, cimc raffles and holding a semi-submersible platform orders at present in the world the top five, seven and a half of China's foreign export delivery dive platform project, cimc raffles and six. Export platform is basic in Norway's north sea oil production.

"One and a half submerged platform value of around $500 million, is still in the industry incubation periods, rig order amount is large, but the profit margin is limited." Cimc raffles and company, semi-submersible drilling platform manufacturing cycle is more than three years, error rate, the rate of rework, problems still remain to be resolved, such as welding, parts procurement error-prone link also needs to experience several platform manufacturing cycle to control the cost, the profit is not obvious, is still in the stage of a foothold to participate in market competition.

Due to have a pull effect on industrial upgrading, the local government to support Marine engineering enterprises. Cimc raffles and a drilling rig is only 30000 tons of steel, 60000 accessories, from a global purchasing more than 2000 enterprises, which contains more than 600 local supporting enterprises in shandong province.As the colour is one of the most obvious industry globalization, observe the shipbuilding industry, Marine engineering equipment industry booming trend to be standing in the global market. Northeast securities Wu Jiangtao analysis said that several years China's shipbuilding industry, structural overcapacity situation difficult to change its self-sufficiency rate of form a complete set is too low, the developed countries in the industrial chain of high-end shipping form a complete set of manufacturing, and controls the design industry, the short term there is no transfer, the basis of China ship enterprises in the stage of low profit margins will linger for a period of time, but the opportunity is coming; Traditional shipping market demand fell sharply, but high oil prices for oil and gas exploration, mining and other fields with greatly increased investment, orders for Marine engineering equipment enterprises can largely hedge new ship orders fell.

Monday, August 26, 2013

Production capacity is not equal to the excess capacity, needs to be defined

At the meeting, China united steel nets editor-in-chief Hu Yanping made entitled "China's steel market and industry development trend analysis" keynote speech.Total capacity big, she says, is the fact that - more than 1 billion tons. Has 25 blast furnace were completed ASME B16.5 Slip-on Flanges and put into operation in the first half of this year, according to incomplete statistics, in the second half is still 25 nuclear blast furnace production plan construction, involving the ironmaking production capacity of 35 million tons, China's steel production capacity will exceed 1 billion tons to 10.5 tons, the next two years will be a net gain of 6000-70 million tons of steel production capacity.
But the capacity is not equal to the excess carbon steel seamless eccentric reducer capacity, China needs to redefine the excess capacity!

Reason 1: the internationally recognized standard is too single. In our country has not establish qualitative and quantitative scientific evaluation standard of excess capacity. Countries around the world continue the European and American countries such as the capacity utilization or equipment utilization as a general evaluation of whether overcapacity. The so-called equipment utilization rate of the output divided by capacity, normal Electric Resistance welding carbon steel tube between 79% and 83%, more than 90% of that capacity is not enough; If the equipment starts below 79%, then there may be a phenomenon of excess production capacity.

Reason two: the Chinese characteristic, not one size fits all.

International standards, points out that when the capacity is less than 79% are the existing phenomenon of excess production capacity, according to the operation characteristics and iron and steel industry with Chinese characteristics, to join the new measures. Government-led suited to China's standards has been imminent
Phase, in short, China's steel industry is only slightly larger supply, there is no obvious excess capacity.

Demand better than expected, expanding production is less than expected

At the meeting, China united steel nets general manager assistant/general manager ore Zhang Jiabin did titled "domestic ore ASME B16.5 Slip-on Flanges market trend analysis" keynote speech.

He pointed out that in 2012 global pig iron production 1.10427 billion tons, year-on-year increase of 15.11 million tons, 2013 China pig iron production 25 million tons, up 3.8% from a year earlier, other countries increase or decrease in balance, global 25 million tons of pig iron production continues to grow, the need to add more than 4000, ten thousand tons of ASME B16.9 45 Deg Long Radius butt weld Elbow iron ore is the main reason of the growth of the development of urbanization, according to the experience of developed countries, the level of the urbanization rate of 75% after will tend to be saturated, at present, China has entered a low speed, steady development.

He said, 2012 four mines combined an increase Electric Resistance welding carbon steel tube of 29.25 million tons, to meet new pig iron needed for 1511 iron ore all the year round. Including fortescue as one of the main engine of production in 2012, China imported iron ore 744 million tons, an increase of 57.47 million tons, year-on-year growth of 8.38%.

He pointed out that in 2013 is expected to global new 25 million tons of pig iron, amount to 40 million tons of ore demand, through the analysis, Australia, Brazil, South Africa, India's four main countries combined new output of 62 million tons, by the equilibrium of supply and demand to supply in transition.

Wednesday, August 21, 2013

How Chinese peer-to-peer lending innovation?

Under the background of financial concept of the Internet, network borrowing service agencies as the important part of the concept has also been more and more attention. Network lending sch80 galvanized carbon steel pipe service is a little bit more simple said in the medium of the Internet, more than set capital requirements, and the leisure capital of the people through the platform of a lending transaction, service charge and in the process of trading for profit. This new lending transaction mode was born in Europe and the United States first, then into China. In the network to borrow this model after entering China, its development speed even substantially more than the "granddaddy" in foreign countries, and quickly appeared some obvious alienation and innovation.

Today, more and more journalists in an interview will be mentioned to me such a question: "in the first network borrowing service industry of countries and regions, the network forms of lending industry is still very close to the original model. In China, the service has been carbon steel concentric reducer more involved in the deal, such as providing similar safeguard mechanism of principal and interest. What is the cause of this difference? Demand?" Before answering this question, we first come to the world's most famous Lending a us network Lending services Club as an example, take a look at what is the model of abroad.

Lending Club through the network platform to accept client's loan request, and get the user authorization from Experian, long radius butt weld pipe elbow after Trans Union and among the three major credit reporting bureau to get the user's credit scores, place above a certain fractional line of the borrower's loan request for financing platform. Lending in the process of the Club is not and contact with the user's credit information collection, but with the trading process of absolutely independent third party access to the user's credit score, and the scores in the financing process continues on the platform for loan customer for reference. The three credit reporting agency by providing data to obtain profit, has nothing to do with whether a deal.

Tuesday, August 20, 2013

Broadband China "what benefit will bring to people?

In this release of broadband development strategy and implementation plan, the state council for the first time put forward "improve the telecommunications universal service compensation mechanism, form a long-standing mechanism to support the development of the rural and the 114mm carbon seamless steel pipe china suppliers Midwest broadband". People's posts and telecommunications to editor Wang Baoping thinks, this means that the industry calls for years of telecom universal service fund be vividly portrayed.

For universal broadband service practice in the world is dominated by government finance, establish broadband, universal service fund is used for broadband investment and operations. Money can come from 3D eblow Carbon Steel pipe fittings multiple channels, such as part of fiscal funds, to draw a certain proportion from the highly profitable telecom business income, construction of telecom network telecommunication enterprises, to remote areas will receive the universal service fund subsidies.

But in all departments of all kinds of agricultural policy in our country, the agricultural machinery, agricultural materials, pesticides, fertilizers and so on all have preferential policy support, or only on rural broadband did not take any measures. Invested in remote areas with 90 degree pipe fitting long radius elbow large output, less operators always enter the delay.
By the calculation, in central China's rural broadband investment payback period of 11 years, the western rural broadband basic cannot recoup their investment. And, in the western region village broadband operations cost is much higher than the user can pay broadband fee, operators to carry out the operation will be faced with a difficult situation of continuing losses. At present our country did not pass broadband in rural areas, is basically a broadband network common input, high operational cost, business income is low, the enterprise long-term operation is difficult to recover the investment areas.

The implementation of the strategy of "broadband China" to the country's fiscal support, quick to narrow the digital divide between urban and rural areas. According to the national development and reform commission, the director of institute of industry system reform Shi Hui introduction, countries will intensify financial funding to broadband network, make full use of the various types of special funds, guide the local relevant money into broadband network development and industrialization, as well as rural and bolstering broadband network development in the region.

Monday, August 19, 2013

House prices absolute data still amazing

In July, according to data compared with last month, 70 large and medium-sized cities, the city has a decrease in the prices of the four, four flat city, rising city. There are 62. Month-on-month price rises in the city, the highest 2.2%.In the same month last year, compared to 70 a53 SCH40 steel pipe for ship building large and medium-sized cities, the city has a decrease in the prices, rising city. There are 69. In July, compared with the prices in the city, up 18.3%, the highest gain than the city fell in June 7.

Judging from the number of cities with prices rising, the change is not obvious, July than in June, year-on-year rise in the number also reduce a city; At the same time, from the perspective of the index of the large diameter ASTM end cap for water pipe national average house prices rose up, according to market mechanism, the average month-on-month increase in July to 0.72, has for the fourth straight month to keep the fall of the situation.

However, while from the housing prices rose city and the average monthly or data in July continued to slow, but, because of the base is more and more big, the actual market feel increase still not small, American carbon steel eccentric reducer gains the absolute data still amazing.

"By rigid demand and the recent price increases, and many other factors, in July 70 large and medium-sized cities in general is still a rising house prices", national bureau of statistics, the city department senior statistician LiuJianWei housing data in July in interpretation.

Zhang Dawei centaline property market research director, said in 2013 has passed more than half of China's real estate market to hand over a bright eye transcript: "2013 years ago in July the national commercial housing sales area is nearly thirty percent year-on-year growth, focus on the urban land market has nearly doubled to clinch a deal, the second-hand house price index also rose all the way, benchmarking enterprise performance good, take positive. Mainstream enterprise sales rose by more than thirty percent on average."