For diversified monetary system in the future

From the perspective of a global reserve currency over the past hundreds of years change,ASTM A106 Grade b SCH40 Seamless Steel Pipe a country's currency will not become the masters of the century ten thousand generation. Started in 2008 the global financial crisis and sustained the eurozone sovereign debt crisis has, including the world bank, most economists believe that just as the dollar replacing sterling, the dollar will eventually be more by the dollar, euro and renminbi currency system.

On business, the United States is the place that can not be replaced, not open around, which not only plays an important role in the international payments and foreign exchange transactions,Long Radius 90 Degree Bend Pipes what is more important as a reserve currency in the foreign reserve ratio is extremely high. From the IMF has released the official global reserve currency composition of foreign exchange (COFER) report, the total in the first quarter of this year the global foreign exchange reserves rose to about $11.86 trillion, in the allocation of foreign exchange reserves, the dollar accounted for 60.9%, will remain the dominant reserve currency.

But since the second half of 2013, the dollar reserve quarter by quarter decline to $3.76 trillion,HG20593-97 PN1.0MPa Raised Face Plate Flange Specifications and accounted for in the allocated reserve edged down from 61.8% last year to the current 60.9%. "If continue to fall, does mean that, by 2025, the dollar is going to be a secondary reserve currency, and the people's bank of China may accelerate the occurrence of such results, because its hold about half of the reserves in the world." Some economists think so.

China is Africa's largest trading partner RMB in non into "hard currency"

Set out on May 4, the state council premier li keqiang to visit African countries and the African union headquarters, this is li keqiang, his first visit to this year, is also a new government after the establishment,ASME RF/FF Welding Socket Weld slip on flange the prime minister's first visit to Africa.

China is the biggest developing country, Africa is a developing country most continents. In 2013, the total china-africa trade hit a record high, reached $200 billion (1.2429 trillion yuan). Since 2009, China has become Africa's largest trading partner for five consecutive years.Li said that before the visit to China to give full play to its own advantages,carbon steel seamless A106 steel pipe and pipeline actively participate in Africa's infrastructure construction, in order to improve the connectivity of the African continent.

Is known to all, from China to help African countries to build water conservancy, roads and other infrastructure, China has also provided a great number of aid to Africa and preferential loans, promote the development of the African countries' economies.

China-africa cooperation is now in the create "upgrade" time node, the two sides in the trade structure and changes of the financial sector has the new welcome cooperation,Schedule 40 Pipe Reducer Connector Dimensions long-term to do business in central Africa international bank, standard chartered bank (China) co., LTD. Chief executive Zhang Xiaolei, and the "daily economic news" reporter (hereinafter referred to as NBD) to share their ideas about the new china-africa economic cooperation and prospects.

The advantage of the eu's trade defense

Trade has doubled since 2003 to more than 1 billion euros ($1.3 billion) per day, but the relationship is often in a tense situation.The European commission last year to impose punitive tariffs on 12 cases of the settlement, seven pile involving China.In drafting the new rules,din 17175 st35.8 seamless steel tube Carrie DE gucht urged not to signal errors, or lead to trade defense seemed like a protectionist, and damage the delicate relations with trading partners such as China, Argentina.

Officials believe that the European commission, the proposal has enough the eu against China,schedule 80 black butt welded pipe fittings and alleviates the enterprise involved in the strong Asian trading partners of the concerns of the cases of reprisal.

"Eu trade defense has the advantage of its using measures of balance and appropriateness," Carrie DE gucht told the European parliament,ansi b16.9 a234 wpb sch 20 equal tee "the modernization program, the balance is still the key words."

Existing enterprises began to move

According to the relevant person in charge of of the national development and reform commission of jinan,jis b2313 elbow 45/90/180 deg east of the old industrial area mainly is the king of the LiChengOu near Mr. Scheeren, BaoShan offices, covers an area of 20 square kilometers, the district has about 90 companies.Including shandong iron and steel group, jinan blue star petroleum co., LTD. Jinan branch, jinan is suggested fertilizer co., LTD., shandong ductile iron pipes co., LTD., shandong duck group home appliance co., LTD., the treasure of holding group co., LTD., and so on dozens of large and medium-sized industrial enterprises, the industrial structure in iron and steel metallurgy, oil chemical industry, machinery manufacturing and other industries.

Zanu-pf jinan committee referred to in the proposal, the eastern old industrial enterprises in the area of the low level of industry and economic growth, enterprise backward technology and equipment level, technological innovation ability is not strong, infrastructure don't match,ASME B16.9 45 Deg Long Radius butt weld Elbow the ecological environment is relatively poor.In March 2013, 46 [2013] of the state council to the letter, issued by the national old industrial base and adjustment planning (2013-2022) ", points out that the old industrial base is refers to the "contents", "should" and "three line" construction period national layout, based on heavy industry backbone enterprises gathered to form industrial base.The old industrial base is the basic unit of the old industrial city.In the planning of teachnolosy of were included in the scope of planning.

"Jinan according to specific circumstances,natural gas spiral welding steel pipe will narrow to now the eastern part of the old industrial area for the pilot."The head said."At present, there have been some companies began to move, including chemical fertilizer plant of jinan people familiar with the original.

Indian iron ore exports in 2013 or in half

Indian iron ore exports in 2013 or in half, research institutions OreTeam, according to the Indian iron ore exports to reduce more than half 2013 to 14 million tons of the main reason is affected by goa mining and export bans.

But the situation would improve this year,CS Piping and plumbing fitting china supplier is expected to goa mining ban, imposed in 2012 to combat illegal mining, leading to the Indian iron ore exports by around 85% over the past two years.Before the Indian state of Karnataka (state) in 2011 launched a similar ban on mining.

Mining before the ban, India was the world's third largest iron ore exporter.The country's exports will help South Africa,black carbon steel butt welded concentric reducer and Iran more iron ore exports to China.OreTeam head of research at Prakash Duvvuri said: "OreTeam expects India iron ore export performance is one of the worst in 2013 years, 2014, the situation will be improved, but exports will not increase significantly."

Reported that 60% of China's urban air quality is not up to standard

At present, China's grim situation of environment pollution.According to the new standard, about 60% of the country's urban air quality is not up to standard.The data is written to the 12th five-year plan for implementing medium-term assessment report.In the 12th session of the standing committee of the National People's Congress of the sixth meeting held on August 25th the second plenary meeting,asme b16.5 slip on flanges a105 xu shaoshi, director of the national development and reform commission made the report.

Talking to the resource saving strengthening environmental protection, xu shaoshi said that two years before (outline),STD 1D carbon steel pipe fitting elbows per unit of GDP energy consumption reduced 5.54%, the strictest arable land protection system and water resources management system, unit of industrial added value of water to reduce 20% for two years.To address climate change work steady progress, strengthen the key ecological function areas, river source area and important water source protection, improve the ecological compensation mechanism, intensifying the compensation.

Meanwhile, xu shaoshi, environmental pollution present diversified pollution sources, pollution range expansion, pollution affect persistent characteristics.Traditional MeiYanXing atmospheric pollution is still severe, characterized by fine particulate matter and ozone compound pollution is increasingly serious,RF/FF welding socket slip on flange in accordance with the environmental air quality standards in 1996 based on the average 8 hours add value of concentrations of PM2.5 and ozone concentration limit, adjust the concentration of PM10 and no2, lead limit after the new standard, about 60% of the nation's urban air quality is not up to standard.

Industry is facing the most severe capacity test

Back in 2013 steel price quotation, at the end of February after year highs, from the beginning in March, all the way down, low hit a year until the end of June.Then, in July - August,schedule 40 hot dipped galvanized carbon steel pipe ASTM A106 once steel prices higher, but then shock downward.From the end of October so far, steel prices as a whole in a state of shock consolidation.
However, while steel prices trend looks, in fact this curve has been marching in the low post."By the end of October, steel price index have 11 weeks are below 100 points."Zhang changfu, vice-chairman of the disclosed.
What does it mean?Steel price index is calculated as the price of 100, 1994, that is to say, this year's steel prices have a quarter of the time below the price level in 1994.