Wednesday, December 25, 2013

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.

Sunday, December 22, 2013

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.

Thursday, October 17, 2013

Engineering machinery enterprises in overseas expansion

"2013 global engineering machinery industry conference" held in Beijing, 16 industry overcapacity as the parties to the agreement. However, a number of enterprise personage points out,spiral steel pipe ASME API 5L GR.B China construction machinery industry in the next few years will continue to maintain a certain growth rate. International strategy become the thinking of the development of Chinese engineering machinery enterprises, many companies have begun to expand overseas markets.
Increased competition demand growth
Zoomlion chairman Mr Zhan, points out that the global construction machinery industry is in a state of relative excess capacity, competition between enterprises is very fierce, companies need to innovate and adjust the product structure. Xugong group chairman wang agreed that in the next five years, both the global and Chinese construction machinery industry,schedule 40 hot dipped galvanized steel pipe the competition becomes more intense. The next five years will be China construction machinery industry a new round of "elimination period", have real competitiveness of enterprises.
Mr Zhan also pointed out that when China is lower than the double-digit GDP growth, construction machinery industry will be in a state of excess production capacity, at present China's GDP growth in the 7-8%, construction machinery industry overcapacity will continue. From the experience of the past few years, engineering machinery industry development speed is usually twice the national GDP growth.long radius butt weld 90 degree elbow If China's GDP growth to continue at the levels of 7-8%, construction machinery industry will grow at around 15%.
View is that in many ways, infrastructure investment growth is the inevitable result of the economic structure reform, but for manufacturing of severe overcapacity, rapid cooling does not appear, but remain relatively stable growth. Gao hua securities analysis, points out that most of the investment slowdown will appear in the field of general manufacturing and mining,schedule 80 galvanized steel pipe the two parts of investment in 2004-2011 respectively increased by 8 times and about seven times, and infrastructure investment increased by only 270%. Even if the future of investment in fixed assets may slow further, will continue to maintain steady growth. In fact, the recent China's high-speed rail, road, rail, urban rail transit and the municipal construction areas such as good, offer some support for engineering demand.

Friday, October 11, 2013

In high-end investment boom

Mr Xu, chairman of baosteel,SCH40 large diameter LSAW steel pipe China's iron and steel industry association, argues that although China's current steel demand growth rate significantly decreased, but is not negative, the peak has not yet arrived, estimate the inflection point is imminent, and peak is expected during the "much starker choices-and graver consequences-in"."Excess steel production capacity, is a kind of" sick "in the process of economic development, to suit the remedy to the case in time to heal." The reporter hears some industry experts in research, this metaphor. "Condition" mild, moderate and severe, steel production degree of "surplus" geometry? The industry is divided.

Between 75% and 80%, according to industry capacity utilization for mild overcapacity, between 70% and 75% for moderate excess capacity,API 5L gr.b erw carbon steel round pipe and less than 70% is serious excess capacity.

According to the China iron and steel association statistics, by the end of 2012, the domestic steel production capacity of about 976 million tons. Iron and steel technology in China in the recent economic high-end BBS, dean, chairman of the Chinese society for metals, the Chinese academy of engineering Xu Kuangdi said, according to a forecast by the end of the 12th five-year, China's steel demand will reach 680 million to 680 million tons,ASME B16.9 Butt Welded reducing tee equivalent to crude steel demand for 716 million to 750 million tons. From the current situation, the expansion of the iron and steel enterprises impulse continues, has started in 510, 2013, if all the above construction, design, planning, project put into production, China's steel capacity will reach 1.02 billion tons, overcapacity problem.

A boss believes that the iron and steel enterprise computing capacity, the key is to choose what kind of production base,Carbon Steel butt-welding equal tee now there are several versions of the industry, the real capacity is almost a fan. Steel project examination and approval as family planning, the boss is, to obtain ZhunShengZheng while the second and third "bastard", now they are grown up. , its first batch of building, there are too many "black", only 40% of the country's steel production capacity is approved, the other 60% of capacity is built before shipment, these production Numbers will leak system? Judgment is the steel boss, excess steel production capacity at present most likely has excess in moderate and severe surplus between, need on high alert.

However, some experts think, through the analysis of the relationship between capacity and excess capacity, and now the steel industry capacity utilization rate between 70% and 80%, so you can determine for excess steel production capacity between mild and moderate.

Monday, September 30, 2013

27 domestic commodities rise and fall

27, the domestic commodity price now, tracking commodity integrated performance of the mandarin commodity index fell.Data show that meal futures led, the main contract closed at 2488 yuan per ton,Long Radius 90 Deg carbon seamless elbow settled up on the previous trading day 57 yuan, or 2.34%, Coking coal futures led by the main contract closed at 1146 yuan per ton, settled down on the previous trading day 17 yuan, or 1.46%.

Specific varieties, non-ferrous metals is given priority to with rose: main copper futures contract closed at 52400 yuan per ton, or 0.62%. Main aluminum futures contract closed at 14300 yuan per ton,R=3D 45 degree Pipe Fitting Bend or 0.32%, Main zinc futures contract closed at 14800 yuan per ton, or 0.17%. Main lead futures contract closed at 14100 yuan per ton, or 0.04%.
But nearly all petrochemical goods fell: main PTA futures contract closed at 7776 yuan per ton, or 0.41%. Main methanol futures contract closed at 2920 yuan per ton, or 0.54%. Main coke futures contract closed at 1570 yuan per ton, or 1.2%. Rubber main futures contract closed at 20300 yuan per ton, or 1.32%.

Agricultural products,10 XS ERW carbon steel pipe china manufacturer soft goods movements now: each main cotton futures contract closed at 19900 yuan per ton, or 0.43%. Main sugar futures contract closed at 5103 yuan per ton, or 0.91%.Main oil goods also consolidation: soybean meal futures contract closed at 3692 yuan per ton, or 0.98%. Main rapeseed futures contract closed at 5159 yuan per ton, or 0.25%. The main soybean oil futures contract closed at 6982 yuan per ton, or 0.85%.Main grain goods, corn futures contract closed at 2322 yuan per ton, or 0.3%.

Thursday, September 26, 2013

Panzhihua vanadium titanium shareholder loans for carrara mining and converted into equity

On the evening of September 23, panzhihua vanadium titanium announcement, on September 22, general manager of the company office,SCH40 large diameter LSAW steel pipe review and passed the wholly owned subsidiary of anshan iron and steel group (Australia) co., LTD., shareholder loans for carrara mining co., LTD and converted into equity of the bill, decided to saddle Australia as carrara provides additional shareholder loan of $30 million, and will saddle the Australian company to carrara provides a total of $60 million all shareholder loan into the equity of carrara.

Company announcement said, recently, the company received Australia's foreign investment review board (FIRB),Carbon Steel butt-welding equal tee and the saddle Australian companies to acquire 2.16% additional equity carrara, saddle Macao carrara company holds a stake to 52.16% without objection, approved will expire on November 13, 2014. According to the saddle and carrara, gindalbie Australian company has convertible affiliate shareholder loan agreement signed, the FIRB approval triggered the shareholder loan stock condition.Carla slant on August 20, 2007, in western Australia,Long Radius 90 Deg carbon seamless elbow Australia is engaged in the iron ore exploration, acquisition and sales. Saddle Australian companies and gindalbie each own 50% of its shares.

In obtain under the premise of FIRB, saddle Australian company will provide the second phase of a $30 million loan to carrara, carrara will repay gindalbie early inject a $30 million loan funds,Hot rolled carbon steel seamless pipe at the same time gindalbie repurchase saddle Australian companies no longer offer carrara the second phase of a $30 million loan, after obtaining the national development and reform commission approved, saddle will be two of the Australian company a $30 million loan to carrara share, agreed price is $4.31 a share. Carrara to saddle Australia issued 13907283 shares in the company have to pay card lala common stock. Saddle, Australian company will hold 52.16% of card lala outstanding shares (assuming no other equity transfer or assignment) happens.

Monday, September 23, 2013

The ship financing is still difficult

Now for many shipbuilding enterprises, ship financing is still difficult, API 5L X65 Steel Pipe financial institutions to shipping listed as credit regulation of key industries, shipbuilding ship price and deposit ratio fell sharply, the ship companies working capital increasingly tightens, therefore, in order to be able to maintain capital turnover and daily operation, even at a loss to do a lot of shipyard also willing to take new single, this causes a lot of cash flow is still plenty of shipping companies and investment option of bottom shipbuilding (speculation).

And part of the shipping companies to accelerate the shipbuilding, also is helpless. Vice President of China merchants group margin of profit Ming pointed out that in container shipping giant maersk to receive after the world's biggest container ship,7D Butt Welded Bend Pipe fittings because the cost of single ship fell rapidly and more competitive, forcing other liner companies can only followed by tightening order the ship, or can only be ejected from the market because of the cost is not competitive.

"From the perspective of the relevant data of supply capacity, container capacity grew by 6.6% in 2012,pipe fitting 45 degree LR elbows and 2013 new capacity of 1.6 million teu, more than 2008 new capacity of 1.57 million teu history records, the new capacity is equivalent to 10.3% of the world's capacity, at the beginning of" margin of profit Ming pointed out that despite the 100000 teu ship delivery delay to 2014, the global container transport capacity, there will be more than 7% of the net growth market excess capacity will be further intensified. And nearly 100 in the next three years 12000 teu ship giant - teu ship to be put into operation, accounting for 42% of the new orders,SCH40 large diameter LSAW steel pipe is now running 85% of capacity of the ship.
A number of industry insiders suggest, therefore, although the price of shipbuilding, now is the ideal time to bottom shipbuilding, but also to pay attention to the time of may make excess capacity continues to elongate, shipping companies want to bottom shipbuilding, best alignment with the market direction, choose suitable for their own and can improve the competitiveness of good form, on the basis of their own cash flow at the same time, the shipping market and there is no complete recovery after all.

Saturday, September 21, 2013

About drawing foreign capital

August, 2013, 14480 set up the new batch of foreign invested enterprises, fell 8.22% year on year;astm a53/a106 gr.b carbon steel tube Sch 20 LSAW steel pipe The actual amount is $79.77 billion, up 6.37% from a year earlier. Month of August, the actual use of foreign capital amount is $8.377 billion, year-on-year growth of 0.62% (not including the banking, securities and insurance domain data). August 1 - the absorption of foreign capital has the following features:

One is the farming, forestry, animal husbandry, fishery and actualized fdi keep growing. 1 - August,JIS B2220 Blind Flange farming, forestry, animal husbandry, fisheries actual use of foreign capital amount is $1.111 billion, up 1.61% from a year earlier, in the proportion of the national total of 1.39%. Manufacturing the actual use of foreign capital amount is $32.634 billion, fell 3.27% year on year, in the proportion of the total 40.9%; Oil processing and coking and nuclear fuel processing industry, aquatic products processing, building ceramics manufacturing growth faster, year-on-year growth of 190.52%, 115.45% and 190.52% respectively. Actualized fdi amount is $39.725 billion, up 13.5% from a year earlier, in the proportion of the total 49.84%; The electrical machinery repair, entertainment services, radio,Industry Standard Welding Neck Flange film and television industry is growing rapidly, year-on-year growth of 229.92%, 194.54% and 229.92% respectively.

Second, the Asian countries/regions, European Union, the us investment in China to keep on growing. 1 - August, Asian countries/regions (Hong Kong, Macao, Taiwan, Japan, the Philippines,JIS G3454 spiral welded carbon steel pipe Thailand, Malaysia, Singapore, Indonesia and South Korea) to China actual investment value of $68.632 billion, up 7.87%; The $51.557 billion to invest in the mainland, Hong Kong, up 10.29%; Japanese investment in China of $5.562 billion, up 9.45%; South Korean investment in China of $2.296 billion, up 54.89%; Thailand's investment in China $472 million, up 516.94% from a year earlier. America's China actual investment value of $2.497 billion, up 18.04% from a year earlier. The European Union's 27 countries with China actual investment value of $5.437 billion, up 24.27%; With German investment in China of $1.741 billion, up 60.06%; The Netherlands to China to invest $892 million, up 24.81% from a year earlier.

Three is the actual use of foreign capital is growing rapidly. 1 - August, the actual amount of $66.83 billion in east China, up 5.0%; Central parts of the actual amount is $6.93 billion, up 10.9%; In the western region the actual amount is $6.01 billion, up 17.7% from a year earlier. 1 - August, absorbing foreign capital in the country, the eastern, central and western region accounted for 83.8%, 8.7% and 7.5%, respectively.

Sunday, September 15, 2013

A rare earth industry groups have results by the end of the year

Ministry vice-minister Mr. Su 11 new champions in seamless steel tube manufacturers 2013 attended the world economic BBS annual meeting and the seventh summer davos BBS clearance, said the ministry is working with related departments to reinforce illegal rare earth mining and pollution control efforts, to form a large group of rare earth industry the end result will be released by the end of the year. The development of new energy vehicles continues to foster policy, reduce the cost of new energy vehicles eventually need to rely on the development of the technology. The ministry and the ministry of finance will jointly implemented more than 40, one hundred million yuan funds to support new energy automobile design, special battery development.

For the pollution problem of rare earth industry, Mr. Su said that the recent ministry in conjunction with relevant api 5l grb welded steel pipe and tube departments and local government behavior for centralized control of illegal mining of rare earths. The next stage, the ministry will spot check.

On August 7 this year, the ministry joint eight departments launched a three-month special operation regulation of ASME B16.9 45 Deg Long Radius butt weld Elbow rare earth industry. Related departments to "black list", through the establishment of rare earth management classify management, establish a long-term supervision mechanism, at the same time, by a large group of rare earth industry in order to improve the industrial concentration.

When it comes to the development of 180 degree elbow pipe fitting asme b16.9 steel elbow new energy vehicles supporting policies, Mr. Su said the work continues to advance, new energy vehicles all over the world face obstacles, not can be solved overnight. According to the relevant documents, the ministry of finance, ministry of science and technology, development and reform commission, ministry of industry and other departments after the start of the project of new energy vehicle demonstration the goal is to to 2012 domestic new energy automotive operations to achieve the market share of 10%. Mr. Su, according to new energy vehicles in 2012 to promote the annual task of unfinished, but this does not influence on automobile industry growth and consumption space.

Wednesday, September 11, 2013

Fleeing capital did not find the "paradise"

Due to the outbreak of the global economic crisis and the domestic economic recession, the coal market over ten carbon steel threaded connections tee years of the gold market, to continue to fall. In 2013, the coal price acceleration back. Major coal producing areas in Shanxi Province, and the overall economy faces a severe test.Most bureau officials 7D Butt Welded Bend Pipe fittings said, Shanxi Province, shanxi coal enterprises coal sale price has been close to the cost of production line, May 1 - nearly half of the coal enterprise losses, more than 1/10 of the coal enterprise to suspend production.

With coal group related jinhuagong coal api 5l x50 seamless steel line pipe mine head told the China enterprise news reporter, after all they have been to shanxi coal cities and counties, sales place everyday work "in addition to a cup of tea is reading the newspaper."Speaking of last year, officials had said with the coal group, the group's major coal mine with scaffolding structural steel tube mountain, rare to coal group to contact customers, even if someone come, also vanished again after inquiry.

In shanyin a coal boss said that before 2012, the coal market to heat up, he earned some money; But in the second half of 2012, he boldly out from coal mine. "The national economy is bad, coal-derived hot potato." He said.Huairen the coal yard investors Li Mancang told reporters that he nearly 5 million yuan loan before coal under the hoarding, steep price later for a long time also didn't sell, in the end he and many of his peers left in Shanxi Province.

Uncle and Li Mancang Li Erdan also grumble, nephew originally promised, he just has to do a good job in transportation, at the end of 2012, as a bonus, coal yard 2 tram car is his, but until this year in August, "don't say tram is wages are hard to guarantee".Left their villages mentioned to run home to open the experiences of coal, the people full of grievances, thought coal low price, a large number of hoarding, then choose the right opportunity to sell, can get big difference, can not think of, after entering 2013, the coal market weakness. "We can only hope 'coal' thirst." Li Mancang said.

"During that time, we are very confused. A coal boss tells a reporter, at this time, these emerging from shaanxi, Inner Mongolia coal provinces and the news, in local coal low barriers to entry, procedure is simple, less numerous coal inspection level of Shanxi Province, shanxi coal extremely advantage in comparison to the price. After considering, he resolutely left in Shanxi Province.

Sunday, September 8, 2013

China intensify in Australia for mining

Shenzhen Zhongjin Lingnan nonferrous metals Co., Ltd. (Shenzhen Zhongjin Lingnan Nonfemet Co., Ltd., hereinafter ASTM A234 socket welding pipe fitting tee referred to as: Zhongjin Lingnan) will buy-out Australia paley elegant Co., Ltd. (Perilya Ltd.). The deal for the valuation of a $269.3 million ($243.9 million).

Zhongjin lingnan already owns a 53.4% stake in zechariah. Hope to a $0.35 a share, the company says it has not yet been ASME B16.9 45 Deg Long Radius butt weld Elbow paley of remaining stake. Paley, in Australia and the Dominican republic operating base metals and precious metals mining. Zhongjin lingnan is China's third-largest zinc producer.

Zhongjin lingnan, said the purchase price with 10 XS ERW carbon steel pipe china manufacturer peja zechariah shares on August 30, compared with a 59% premium, closing and paley shares over the past three months, compared to the volume weighted average price premium of 109%. Stock on August 30, paley, in the Australian stock exchange suspended trading.

Although metal prices fell, but a ansi b16.5 class 150 weld neck flange series of deals in the past year, this shows that the metal mines in Australia still can lead to a strong interest in Chinese buyers. Rio Tinto Co., LTD. (Rio Tinto PLC) recently agreed to $820 million to Australia Northparkes sell most of the rights and interests of the copper and gold mine to luoyang luanchuan Molybdenum industry group Co., LTD. (China Molybdenum Co., hereinafter referred to as: luoyang Molybdenum).

China rarely king Holdings co., Ltd. (China Hanking Holdings Ltd., hereinafter referred to as: the Chinese king khan) earlier this year signed a deal to buy st. Barbara ltd. is located in western Australia's Southern Cross gold business. Last year, Shandong Gold Group Co., Ltd. (Shandong Gold Group Co.,) said that plans to acquire Perth Gold producers Focus Minerals ltd. a majority stake, Zijin Mining Group Co., Ltd. (Zijin Mining, Group Co., hereinafter referred to as: Zijin Mining) has made based in Perth, a subsidiary of a controlling stake of Norton Gold Fields.

Thursday, September 5, 2013

The unit will send hundreds of pieces of be a month

In many people's eyes, the state is "Grosvenor LTD handsome" unit, high salary and good welfare and prosperity. When Chen ping or student, he also thinks so, but a good imagination after him into the "besieged city" all over the floor.Graduate student after graduation R=3D 45 degree Pipe Fitting Bend in 2011, Chen ping was admitted to China mobile in the municipal branch, zhejiang province, work in the network maintenance. Two years, he from 6 duty to 7 hillock, basic wage rose to 2000 yuan per month, plus performance pay, deduct the income tax, to more than 4000 yuan per month; Along with seamless steel pipe astm a106 gr b more than ten thousand year-end bonuses, that is all of his salary.

In the personnel structure of the company, more than 8 post and belong to the leadership positions, rely on the promotion and sch80 carbon steel Round tube suppliers competition. Chen ping against the steward "most sizeable hill" ceiling, salary of 60000-70000. In his words, "day also can, but it couldn't be better."

Previously, just when the induction, the unit will send hundreds of pieces of be a month, in the Spring Festival, the SCH160 Nominal Wall Thickness welded Pipe tomb-sweeping day and the Mid-Autumn festival is a bit more, a total of all the year round QiBaQian yuan, Chen ping to buy two of the father, enough to add a few pieces of clothes for mother, but this year, all of these hidden income drowned in "practise frugality" wave of reform.

And the welfare of the remaining, Chen ping remember company every year to pay card playing few thousand yuan medical bills, the rest is nothing more than "send a pack of red beans, spring and summer have a pack of mung beans, until the autumnal equinox in a box of moon cakes, goodies for Chinese New Year when a little."

Chen ping the only fortunately, at least as a regular worker. According to his observation, China mobile, the municipal company, the proportion of full-time workers only 15% - 15%, quite a part are dispatched workers and hire workers, their welfare is not good, and lower wages.

But also is a subsidiary of the state, the same two years seniority, ouyang life has much Chen ping shu xin. He is in a coastal branch of southern power grid grass-roots staff. The unit's YunHangBu consists of multiple patrol maintenance center, each center is equipped with 1 station, three shift supervisor and attendant several.

Ouyang is one of the man on duty, his monthly salary is not high, after tax 6000 yuan. In the past, in October, November, such as electricity season, he can get three times the salary, salary reform recently, after the gains be controlled within 30%, but before and after Chinese New Year, he can still get double pay sometimes even three.

Wednesday, August 28, 2013

Carbon into green technology to the data center

Green grid association (support green energy technology and energy companies global organization) to be released a white paper to calculate the carbon into green technology's influence on pipe fitting 45 degree LR elbows data center.According to the association of green grid part, according to a study of green environmental protection will increase the cost of electricity.
The following data is based on an assumption in the Midwest running of power plant.

If 25% of the energy is green, and ASME B16.9 Butt Welded reducing tee green electricity "hybrid" rates of carbon is $0.051 per kilowatt hour (kw - hr), carbon emissions by 25%.If green energy accounted for 50%, the price will rise to $0.063 per KWH, carbon emissions by 46%.

If 100% is green energy, the price will be as high as $0.093 per kilowatt hour, carbon emissions reached 95%.There is no Electric Resistance welding carbon steel tube doubt that, according to the new epa regulations, and control of power plant emissions of greenhouse gases will increase data center electricity costs, which could encourage data center energy efficiency.

Data center ready?

Application and content delivery technology as a service provider's technologies, environmental sustainability director nicole peill - moelter said, everybody attention to the data center energy efficiency is different.Global operations in data center, data center and use a third party. Although its data center's continuous efforts to improve energy efficiency, but some's use of some backward third-party data center, data center doesn't even have deployed some basic energy efficiency measures.

Tuesday, August 27, 2013

Corporate pre-trial devolved to change departments at the provincial level

The national development and reform commission recently issued the "notice on further improve the work of enterprise bond issuance, decided to the current corporate bonds by the national development and reform commission, the preliminary work, commissioned to R=3D 45 degree Pipe Fitting Bend departments at the provincial level, the national development and reform commission will in future make policy guidance, business management training and qualifications. At the same time, notice to further standardize the corporate-bond issuance behavior and puts forward the specific requirements to carry out the cultivation of clean government. The personage inside course of study analysis, the move at the same time, improve the efficiency of corporate bonds issued further against the market risk, help the health work of corporate-bond issuance.

Notice to further clarify the corporate audit program flow. Among them, the local debt enterprise according to the program will be after the issuance of the application materials submitted to Long Radius 90 Deg carbon seamless elbow departments at the provincial level, provincial level change departments should be completed within 15 working days is intended to work. Hair change department at the provincial level to pre-trial materials submitted to the national development and reform commission, for in conformity with the relevant provisions of the "classes" to accelerate and simplify the audit's application for bond issuance, the national development and reform commission will further improve the efficiency of auditing. For "appropriate scale and rhythm control class", "class" strictly audit issuance application, the high-frequency ERW carbon steel tube national development and reform commission according to the national macro economic and financial situation and the macroeconomic regulation and control requirements, dynamic adjustment to accept the threshold, the reasonable control the scale of the bond. )Based on previous corporate-bond issuance process, hair change department at the provincial level only responsible for corporate application materials information, on a comprehensive review of pre-trial work, issuance of materials is performed by the national development and reform commission. Owing to the heavy duty, pre-trial work so send pre-trial right down to the provincial department, is beneficial to the forces of change departments at the provincial level, further improve the speed for examination and approval of corporate bonds.

Request to prevent risks, the provincial development and reform commission (NDRC) department is responsible for the preliminary work, shall establish a comprehensive corporate credit commitment system, signed a corporate credit pledge, guarantee the issuance of the application materials after the pre-qualification submitted strictly conform to the requirements of the various policy, documentation is accurate, complete and default faithless promise pre-trial work problems to receive the corresponding punishment. The national development and reform commission will regularly pre-trial work of provincial quality spot check, the pre-trial strengthen supervise the guidance quality is not high, can recover the pre-qualification when necessary.

Monday, August 19, 2013

Four to 50 billion to issue bonds on its own

On its own debt issuance is between the agent and local completely independent transition between forms. According to the ministry of finance released the 2013 local government bond issuance by the measures for the pilot, still said "out" by the central finance, only made further defined in terms of underwriting, bidding
This year on July 4, the ministry of 6" sch80 galvanized carbon steel pipe finance to expand the scope of debt issuance by pilot, two new jiangsu and shandong provinces to issuance of the pilot. Earlier, four pilot areas of Shanghai, zhejiang, guangdong and shenzhen respectively. Over the past two years, four pilot provinces and cities to the size of the debt is not large, in 2011 and 2012, the issuance of 22.9 billion yuan and 28.9 billion yuan respectively, the average to each province only billions of scale.

And shandong as provinces of debt on their own for the carbon steel seamless eccentric reducer first time, the scale will reach 11.2 billion yuan, accounted for almost one-third of the places to issuance last year.
According to shandong financial department notice, the number of local government debt is divided into five - and seven-year score keeping fixed rate FuXiZhai two varieties, each species total plans to issue value of 5.6 billion yuan. Will begin on August 23, morning tender, on August 26, ASTM A234 socket welding pipe fitting tee began issuing and plan breath, release end on August 28.
Also according to the announcement, the new pilot to debt issuance this year, jiangsu province has reached 15.3 billion yuan, is expected to 9 to 10 months.

In 2012, China's total issued 250 billion yuan of local government bonds, which the ministry of finance agency issued amount is 221.1 billion yuan, Shanghai etc. 4 to issuance of 28.9 billion yuan, this year, the Treasury issuing local government debt scale plan for 350 billion yuan, in 100 billion yuan, year on year growth of 40%.

Promote the reform of railway investment and financing system

Railway is the national important infrastructure and people's livelihood project, is a resource-conserving and environmentally friendly mode of transportation. Railway investment and financing system reform, accelerate the railway construction, to accelerate the process of industrialization and urbanization, driving the development of relevant industries, reasonable stimulating investment growth, optimize the transportation structure, reduce social logistics cost, convenience of people's travel security, has an irreplaceable role. In recent years, China's railway development has made remarkable achievements, but with the economic and social development needs, 90 degree pipe fitting long radius elbow other modes of transport, compared with foreign advanced level, the railway still is the weak link of the comprehensive transportation system, the development is relatively lagging. At present, the railway management system has been reformed gigantically, implements the separate government functions from enterprise management, to deepen the reform of the railway investment and financing system, better play to the role of the government and market, to promote sustained development of railway has created favorable conditions.

Facing the new situation of railway development new requirements, considering the railway construction project reserves, preparation and construction of power, such as conditions, should accelerate the construction of "twelfth five-year" railway, strive for, 2013 investment plan earnestly construction arrangement in the next year or two. Priority to the construction of railway and related facilities, the Midwest and poor areas to promote poverty reduction, and promote the regional harmonious development, actively yet prudently proceed with urbanization, conform to the masses to improve production and living conditions, increasing the income of urgent hope. Smoothly in ANSI B16.9 A234 WPB 180 Deg Elbow order to ensure the construction project, project completed on schedule, the production of the new project implemented quickly, comprehensively implement the "twelfth five-year" planning railway development goals, put forward the following opinions:

Promote the reform of railway investment and financing system, multi-media through various channels to raise construction funds. According to the "overall planning, diversified investment, market operation, policy supporting" the basic train of thought, perfect the railway development plan, fully open railway construction market, classification of new railway construction investment. To let go of the local government and social Electric Resistance welding carbon steel tube capital (rural) railway, intercity railway, xiamen city developing resources of railway and regional railway ownership and management rights, encourage social capital investment in railway. Research fund set up railway development, as the guide, to the central fiscal fund to attract social legal person. Railway development fund for major investment projects as prescribed by the state, social legal persons not directly involved in the railway construction and operation, but guarantee the stability of its access to a reasonable return. Three years after the "twelfth five-year", continue to issue government-backed railway construction bonds, and railway bonds varieties and innovative way.

Wednesday, August 14, 2013

China's economic growth potential and sources

In hu angang's view, the Chinese government in the future economic growth target at 7%, is a high growth targets, implement double G D P total 10 years. So according to his understanding, 7% is the 114mm carbon seamless steel pipe china suppliers bottom line of China's economic growth during this period.

So the next twenty years, is refers to the 2011 to 2030, China's economic growth rate how high? , according to research led by hu angang group during the period of 2011-2030, without considering the ecological constraint conditions, reckons that China's potential growth rate G D P interval for 5. 9% and 9. 2%, the actual G D P growth potential in 7. 9%. When considering the energy supply, resource consumption, ecological environment, carbon dioxide emissions four hard constraints, but also take into account the development goals of the Chinese government is no longer the pursuit of high growth, but the pursuit of quality of growth, lower economic growth, then, moderate growth rate of 7.5% over the next 20 years. Among them, the moderate growth rate of 8% during the 2011-2020. Moderate growth rate of 7% during the 2021-2030.

From the source of economic growth, had the advantage of the following aspects:

First, China is still maintaining high domestic savings rate and domestic investment, material capital investment growth rate ANSI Sch40 butt welding eccentric reducer pipe fittings is still maintaining high growth.

Second, China remained relatively high growth rate of human capital. Education, talent, and the rapid development of science and technology, has brought the higher value-added human capital for China dividend, as a direct positive effect and the surplus offset and more than reduce the negative effects brought by the "demographic dividend".

Third, the growth rate of labor input in the whole society fell, but the non-agricultural employment in cities and towns and sustained growth. This results the structure effect of two aspects: one is to accelerate the "industrialization" or "non-agricultural", a sharp fall in agricultural labor force, and from low productivity of agricultural sector to high productivity of the non-agricultural sector, is conducive to improving the social labor productivity level; Two is to accelerate the "urbanization", rural labor astm a53/a106 gr.b carbon steel tube Sch 20 LSAW steel pipe declined dramatically, and from the low level of consumption of rural towns transferred to higher consumer spending and has proved to be a large number of rural labor transfer to urban areas, to constantly improve the level of consumption of the whole society.

Fourth, to maintain economic growth is the key to improve the total factor productivity (T F P). From a technical level gap between China and the most developed countries, China also has the very big can make full use of advantage of backwardness ""; Come from China's independent innovation ability, more and more strong, not only will be keep pace with the United States, the European Union, the world's innovation center and can be used the size of the market is more and more big, with the same size as the United States, the European Union effect; Three efficiency from a technical perspective, China also has greatly improved space. We estimate that between 2011 and 2030, total factor growth rate of 3. 6%, driven by factors to innovation driven significant change.

Tuesday, August 13, 2013

The economic development of China's three major mechanisms

Professor hu angang, said why Michael spence publicly acknowledged that western scholars and research institutions of China estimated that "all wrong"? This is because they only see the "digital China", but ignore the "mechanism" in China, only get used to the surface layer of research and technical economic model calculation, overlooked the economic development of China's unique mechanism of deep research and field survey. More cases, they are "only see local, not see all the, only see trees, don't see the forest". This and we advocate of "seek truth from facts" ideological line and materialist dialectics methodology is very different.

So, what is the mechanism of China's economic development? How did they live up to their role? Said hu angang, usually, pipe fitting 45 degree LR elbows in most countries, the development depend mainly on market mechanism, the mechanism of the entrepreneur as the main body of creating wealth, is supporting the government mechanism, service, and this is what we commonly see capitalism market economy system, despite the "American", "European style", "Japanese style" and so on the different type, there are also "Singapore", "South Korea", "Indian" emerging economies such as different types. And China is "unique".

China's development is a combination of three trends: one is the natural trend of development, the second is the macro planning under the guidance of market driven, three is the national development planning and strategic guidance. Our forecast for China's long-term development is to fully consider the three trends of organic connection, interaction and mutual superposition.

The first mechanism is a natural trend. It reflects the basic situation of China's development, the development stage and the development potential and limiting conditions, reflected the social main body, such as consumers, investors, producers of spontaneous demand and economic and social behavior, can is the objective trend of the observed 45 degree short radius pipe fitting elbows values. As many economic and social indicators as per capita income and per capita gross domestic product (GDP) growth trend and the change trend, it has nothing to do with the government's policy variables, but also known as the government to formulate development plan for important reference. We can use the scientific method for prospective prediction and calculation, also can find some reference from the international comparison, discover new trends from the international experience. From the perspective of Chinese culture, is to "go with the flow", follow the natural law, economic law, social law, including the international trend, "to help its natural" is possible.

The second mechanism is the macro planning under the guidance of market driving mechanism. Enterprises, whether state-owned enterprises or private enterprises, domestic enterprises and foreign enterprises, is the market main body, the subjects of investment, innovation, service main body, is the main body of social wealth, including the material wealth and spiritual wealth. The government will need to provide effective public service, good investment environment, the safety of production and living conditions, 90 degree pipe fitting long radius elbow thus reducing the external cost and risk of the enterprise; Make industrial development planning, regional development planning and industrial policies to guide and provide direction for the development of enterprise information, policy guidance, to overcome the blindness and anarchy; Making simple business registration yearly check system, market admittance threshold, the market competition rules and regulations, to ensure fair competition in the market, to avoid vicious competition, prevent monopoly competition; Set standards for environmental protection, health, health and safety standards, etc., to encourage the "fittest"; Low taxes, simplify the procedure of tax, arouse the enthusiasm of tens of millions of enterprises and individual industrial and commercial households and entrepreneurial skills.

The third mechanism is the national development planning guidance. This is the government through the rational allocation of public resources and effective use of public power, to influence the index of the actual development trend, promote its development speed (encouraging index), or to limit its development trend (binding forces), it reflects the government planning and the visible hand.

China's economic growth potential and sources

In hu angang's view, the Chinese government in the future economic growth target at 7%, is a high growth targets, implement double G D P total 10 years. So according to his understanding, 7% is the bottom line of China's economic growth during this period.

So the next twenty years, is refers to the 2011 to 2030, China's economic growth rate how high? , according to research pipe fitting 45 degree LR elbows led by hu angang group during the period of 2011-2030, without considering the ecological constraint conditions, reckons that China's potential growth rate G D P interval for 5. 9% and 9. 2%, the actual G D P growth potential in 7. 9%. When considering the energy supply, resource consumption, ecological environment, carbon dioxide emissions four hard constraints, but also take into account the development goals of the Chinese government is no longer the pursuit of high growth, but the pursuit of quality of growth, lower economic growth, then, moderate growth rate of 7.5% over the next 20 years. Among them, the moderate growth rate of 8% during the 2011-2020. Moderate growth rate of 7% during the 2021-2030.

From the source of economic growth, had the advantage of the following aspects:

First, China is still maintaining high domestic savings rate and domestic investment, material capital investment 45 degree short radius pipe fitting elbows growth rate is still maintaining high growth.

Second, China remained relatively high growth rate of human capital. Education, talent, and the rapid development of science and technology, has brought the higher value-added human capital for China dividend, as a direct positive effect and the surplus offset and more than reduce the negative effects brought by the "demographic dividend".

Third, the growth rate of labor input in the whole society fell, but the non-agricultural employment in cities and towns and sustained growth. This results the structure effect of two aspects: one is to accelerate the "industrialization" or "non-agricultural", a sharp fall in agricultural labor force, and from low productivity of agricultural sector to high 90 degree pipe fitting long radius elbow productivity of the non-agricultural sector, is conducive to improving the social labor productivity level; Two is to accelerate the "urbanization", rural labor declined dramatically, and from the low level of consumption of rural towns transferred to higher consumer spending and has proved to be a large number of rural labor transfer to urban areas, to constantly improve the level of consumption of the whole society.

Fourth, to maintain economic growth is the key to improve the total factor productivity (T F P). From a technical level gap between China and the most developed countries, China also has the very big can make full use of advantage of backwardness ""; Come from China's independent innovation ability, more and more strong, not only will be keep pace with the United States, the European Union, the world's innovation center and can be used the size of the market is more and more big, with the same size as the United States, the European Union effect; Three efficiency from a technical perspective, China also has greatly improved space. We estimate that between 2011 and 2030, total factor growth rate of 3. 6%, driven by factors to innovation driven significant change.

Sunday, August 11, 2013

Economy stabilises

For the reason of the economic data showed signs of improvement, state-owned assets supervision and administration commission of the state council, a researcher at Hu Chi told reporters that the market has been hope for reverse in macroeconomic data as soon as possible, but due to no improvement in the first half of the demand, this transition has not arrived. But further emphasized in senior government "steady growth", expectations that the government would have a mild stimulus measures, the improvement of investment, market confidence restored; Plus enterprises have after more than half a year of adjustment, inventory and efficiency are improved, so the economic data also appears some improvement.
On August 10, the national development and reform commission Chen, vice President of the macroeconomic research institute, said at the annual meeting of the zhejiang chamber of commerce in Shanghai, according to his latest understanding of the Chinese economy may be in the third quarter, the fourth quarter of stabilization.

Chen think China in improving the overall internal environment, including the PMI falling to rising, social power consumption increasing, freight index improved, active inventory, the central fiscal revenue growth, etc.

There is no lack of recent academic circles also think that the Chinese economy will bottom of stabilization. Mizuho securities chief economist for greater China shen jianguang thinks, industry, import data better, consistent with the increase of demand for raw materials. He expects the economy bottoming out in the third quarter; The state information center, ministry of economic forecasting macroeconomic research director NiuLi told reporters, overall, China's economy is stabilizing, and slightly rebounded.

According to the United States, the Wall Street journal, China's economy may have bottomed in the second quarter, the remaining months of the Chinese economy will steadily expanding, this will be a boost to global economic growth. Overseas demand for Chinese exports stronger than expected, promotes the growth of China's manufacturing industry; At the same time, imports more than expected growth means that China's domestic demand is strengthening.

British Reuters quoted analysts as saying that the latest data show that China's economy at least in the short term has been smooth, government efforts to reverse the decline in economic growth has worked; Barclays bank several analysts argue that a series of data will help China achieve full-year growth of 7.5%.

Friday, August 9, 2013

China's economic growth can still be

Argentina international institute for strategic studies, director of the hall, Mr. Castro told the xinhua news agency reporters in an interview that the current China's economic growth is the result of industrial upgrading and structural adjustment. Look from change curve, variations in the controllable range of regulation. The long term, the slow growth, improve the 114mm carbon seamless steel pipe china suppliers quality of policies conducive to the long-term economic health development.

He said that China was achieved steady and fast economic growth, the key element is the stable political system in China. Over the past 30 years of China's leadership firmly implement the policy of reform and opening and success, now you can see that the new leadership is to speed up the transformation of the pattern of economic development and adjusting and optimizing economic structure.

Andre ostrovsky, deputy director of the Russian academy of sciences institute of the far east, said China's economy is currently facing growth problems, some scholars believe that China could like at the beginning of Japan after rapid growth for a long time will be in a low, but the astm a53/a106 gr.b carbon steel tube Sch 20 LSAW steel pipe situation is different, China and Japan have more solid growth in China, such as huge internal market, cheaper labor resources, more effective macroeconomic regulation and control, etc.

Cibc international marketing senior economist Peter buchanan thinks, at present China's economy has not serious risk of a "hard landing", in the third quarter of this year on China's economy to rebound, China's economy is expected to grow 7.5% this year and 8% next year. He said the current world economic recovery, Chinese government take "quantity" for the principle of "quality" is helpful to achieve economic growth by investment-led to consumption of long-term goals.

Canada, a senior fellow at Asia Pacific foundation Zhang Kangqing thinks, at present the Chinese economy is unlikely to cause a "hard landing", because the Chinese economy is big, strong ability to ANSI Sch40 butt welding eccentric reducer pipe fittings resist external shocks; Second, consumption, foreign trade, government and private investment, boost economic growth.The famous American think-tank at the peterson institute for international economics, a researcher at the Chinese economy Liu Ruian said, recently some people have excessive concern about China's economic growth is slowing, the Chinese economy in the medium to long term there is still a strong growth momentum, and Chinese policymakers need to boost household income and consumption growth, so as to promote the transformation of economic development patterns.

Thursday, August 8, 2013

OTT telecom choose cooperation

About OTT operators and unpack the problem is a global industry. On the one hand, represented by the letter OTT business away from voice calls, text messages and other operators of traditional telecommunication business profit space; Micro letter and other business for the consumption of traffic and is considered to be "rob operators signaling resources". , on the API 5L ERW Steel Pipe manufacturer other hand, with the development of the Internet and advances in technology, operators after the dominant voice, text and other business income itself in gradually reduce, the proportion of income data are more and more big, operators need to seek new profit point, and the rapid development of OTT is reaction to the market there is hunger, operators and OTT came to "be race to close" subtle inflection point.

At present, the three operators of different attitudes towards OTT. Most mobile due to user, is impacted by the OTT is the largest, is tough; Through the selection and the more mature OTT business cooperation letter, launched "walker" micro letter, users buy separate the two 3D eblow Carbon Steel pipe fittings sides together to push a special 3 g SIM card, can enjoy preferential privilege service such as micro letter flow; Telecom also chose the cooperation, guangdong telecom is expected to be launched in August a micro letter + weibo exclusive traffic card, only 6 yuan a month, you can get a 2 gb micro letter with sina weibo directional flow. In addition, guangdong telecom will push fly Young new directional exclusive privilege card + flow package, 3 g phone will drop to new lows. In addition, the telecom is also committed to build their own business, positive in the market competition with micro letter, etc.

Three carriers of different choice of the outcome remains to be the market inspection, but one thing is certain, that is between OTT and operator does not exist without a solution. OTT, on the one hand, SCH80 Seamless Steel Pipe ASME B36.10M the development of the trend of The Times, but the main body of OTT application is focused on the "communication", there are a lot of potential, operators can't juggle all areas to develop their own applications. OTT business development, on the other hand, again good, also cannot leave the pipe support, which will give operators and OTT enterprise created the foundation depth cooperation.

The high-strength galvanized automobile plate congratulate project start

Zhang Guangning said, chongqing is one of the four municipalities directly under the central government in our country and national center city, is the upper Yangtze river region economic center, financial center and the most important economic growth pole, has a unique geographical advantage, industry advantage and market advantage. Chongqing is one of five big auto industry manufacturing base in China, three years is being put into practice in the automotive industry revitalization planning, with huge investment potential and market space. Liangjiang new area after Shanghai pudong new area, tianjin binhai new area, the third national new district in our country, is an important portal of the western inland opening to the outside world. Anshan iron and steel group is China's major automotive steel production enterprises, the 114mm carbon seamless steel pipe china suppliers major domestic automobile production enterprises are anshan strategic users, as an important part in the western region in panzhihua iron and steel production base, can produce multiple strength level of automotive steel, as the xichang steel vanadium follow-on projects completed and put into operation, will have production at home and abroad to the highest level of intensity at pangang steel and other high-end products for car use. Anshan iron and steel group, chongqing high-strength galvanized automobile plate project introduction of international advanced equipment technology, the products are mainly located in high-end car plate, quality specification has reached the international first-class level. Project implementation is not only beneficial to optimize the varieties of anshan steel group structure, to promote transformation and upgrading, also trillion-dollar industry base is advantageous to the liangjiang new area construction, to further improve the chongqing localization of automobile industry supply chain, and promote the economic and social development is of great significance. Hope to participate in the project of the construction of the relevant units, solidarity and collaboration, elaborate organization, standard management, to make project investment province, good quality, short time limit, performance excellent astm a53/a106 gr.b carbon steel tube Sch 20 LSAW steel pipe project.

Mr. Huang in a speech on behalf of the chongqing municipal committee of the municipal government of anshan the high-strength galvanized automobile plate congratulate project start. He pointed out that at present, the development trend of auto production low carbonization, lightweight more apparent, this to automobile manufacturing enterprises put forward higher requirements on material selection, the technology of automotive steel production enterprises and put forward new requirements. Anshan iron and steel group is a major automotive steel production enterprises in our country, construction of anshan iron and steel group, chongqing today high-strength galvanized plate project for chongqing this car production and the market has important strategic significance.

Mr. Huang pointed out that the anshan iron and steel group, chongqing high-strength galvanized automobile plate project implementation, also has important significance for chongqing iron and steel products structure adjustment. Chongqing iron and steel enterprises exist ANSI Sch40 butt welding eccentric reducer pipe fittings local raw material supply, product sales "two head out" structural problems, logistics cost is extremely high. And anshan iron and steel group, chongqing high-strength galvanized automobile plate project implementation, to change this kind of structure. The implementation of the project, and so did the chongqing iron and steel structural adjustment, also drove the relationship with chongqing in panzhihua, make more balanced in the southwest of the iron and steel market, is fully staffed. He wish the project put into production as soon as possible, developing smoothly.