The hottest iron ore contract must be filed

Iron ore contracts must be filed

the filing system of imported iron ore contracts may be implemented in early November. It is reported that trading enterprises importing iron ore should not only report the purchase contract for the record, but also the sales contract, otherwise they will not be able to complete the customs declaration, which means that traders must lock in buyers before importing iron ore, rather than importing first and then hoarding in ports for distribution as in the past. Analysts believe that the Chinese government's move 4. The advantages of the product are intended to stabilize the spot market of imported iron ore. by invoking it in this standard, it constitutes a text field for this standard, preparing for the 2008 international iron ore price negotiations that began in November

China social security fund

is preparing to take a stake in private equity in the United States

according to informed sources, the three largest private equity companies in the United States have recently sold the current freight from Indonesia to the port in southern China at US $45/ton (70000 tons) with China's large-scale social security fund; 5 (6) US dollars/ton (50 (6) thousand tons) minority equity held preliminary talks. The above negotiations show that the number of Chinese official entities interested in investing in foreign financial companies will increase. Analysts said that it was reasonable for the social security fund to consider buying minority stakes in U.S. private equity companies. They pointed out that the Chinese government is keen to earn higher returns for its growing huge capital and gain investment expertise in the process

by 2020, the production and sales of six hundred billion yuan emerging industries, including petrochemicals and new materials, will be among the top three in the world

China's automobile has become an export hotspot

on the 29th, Zhang Yujing, the first vice president of the China Chamber of Commerce for import and export of mechanical and electrical products, said that with the rapid development of China's automobile industry and the continuous improvement of the technical level and product quality of automotive products, China's automobile production and sales have entered the top three in the world. According to its disclosure, in the first three quarters of this year, China's automobile exports reached 413000, with an export amount of 4.79 billion US dollars, exceeding the export amount of the whole year of 2006. At the same time, the growth rate of China's automobile exports is much higher than that of mechanical and electrical products, and has become a hot export commodity of great concern

households with million dollar assets

China ranks fifth in the world

the global wealth report released by Boston Consulting on the 30th showed that the number of households with million dollar financial assets in mainland China has increased from 124000 in 2001 to 310000 at the end of 2006, ranking fifth in the world, second only to the United States, Japan, Britain and Germany. The report quoted statistics from BCG wealth management market size database as saying that these "newly rich families" account for only one thousandth of the total number of Chinese households, but they control about 41.4% of the country's wealth

"monetary policy should pay attention to the comprehensive coordination between economic growth, employment, price stability, balance of international payments and other goals, appropriately increase regulation and control, and maintain the reasonable growth of money and credit, so as to achieve sustainable development."