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(Intelligent mobile phone Nokia Lumia 900 in the presence of: new section)
(molybdenum ore and other metal ores the magnesite: new section)
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already has more than 2000 Alibaba customers in the use of the dyke Technology software. The industry believes that the dyke of scientific and technological development of existing business software and Alibaba synergies related acquisitions Alibaba additional site value-added services , and expand revenue streams .
already has more than 2000 Alibaba customers in the use of the dyke Technology software. The industry believes that the dyke of scientific and technological development of existing business software and Alibaba synergies related acquisitions Alibaba additional site value-added services , and expand revenue streams .
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== molybdenum ore  and other  metal ores  the  magnesite ==
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&nbsp  ;&nbsp  ,doudoune moncler;&nbsp  ;&nbsp  ;text /  this print journalist  &nbsp  ;&nbsp  ;Su Xiqiang &nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;February,  Chinese  market once again  facing the complex and  delicate and  sensitive moment  : on the one hand,  commercial housing prices basically  stopped  up  ,trading volume continued to  decline,  director of  sad  sigh  gas  ;on the other hand,  the central bank  for three years  Heb.<br>  Cut the deposit reserve ratio  ,local  property    ready to  ...  ...  &nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;housing  to return  ?Is it right?  The  hunters  ?Consumer  inevitably  again  entangled  .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;policy  adjustment  ,release the  real estate  good signal  ?&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;the  fine-tuning of monetary policy  seems to be some  unusual  .<br>The evening of February 18th  ,the people  announced that  ,starting in February 24th  ,down from RMB deposit-taking financial institutions to  deposit reserve ratio by 0.5 percentage points  .After adjustment  ,China  financial institutions,  the deposit reserve ratio of 20.<br>5%  ,small and medium-sized  financial institutions to deposit  reserve ratio of 17%  .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;notably  ,and  unlike in the past,  the deposit reserve rate  adjustment  time on  the  weekend  ,and  is  in the  evening  ,the previous adjustment  is rare  .<br>In addition  ,it  is also since December 5, 2011  for the first time in three years  ,the central bank  deposit reserve rate cut  after  cut for the second time  .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;industry experts  think generally  ,interval of only two  months  ,the central bank  again lowered the  deposit reserve  that  ,by  means  of monetary policy  moderately tight  to the  steady development  ,and accompanied by the  gradual  loosening of  monetary policy  ,capital market liquidity  is relatively  increased  ,helps to ease the  financing problem  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;the  real estate  business,  as  a booster  .The property tycoon Pan Shiyi  was informed of the  news,  the first  time in  micro-blog  admiral  this comment  as  good news    .<br>The netizen  this  exclamation  ,  real estate  developers  ,you  may  come early  spring  .  &nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;really so  ?&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;in reality,  the central bank  deposit reserve rate cut  on  the impact of the real estate market  ,there are two  views  ,moncler.<br>Some people think  ,the  deposit reserve rate cut  will be  released  to  the market  more than 400000000000 yuan of funds  ,the  transfer of  a real estate  bullish  signal  .Because these funds  will be  a part of  the flow of real estate  market  ,housing prices  will be  better  days  .<br>After all  ,doudoune moncler,in 2011 the  stringent  market regulatory policy  for many  developers  sad day  to the extreme  .To  associate  with  local government  continuously    spying    nature    deal  ,optimistic  view,  the central regulation  will  more or less  ,perhaps  the central bank  deposit reserve rate cut  means  tightening  regulation has  signs of loosening  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;another kind of viewpoint thinks  ,the central bank  deposit reserve rate cut  is mainly to  meet the  industrial  demand,  not on the  real estate market  ,although  real estate is  industrial  ,but from before in light of experience  ,the  price serious deviation value  of  market  environment,  to enter the real estate  industry  fund  often  used to  fry  house  ,land speculation  ,and 400000000000 yuan  of funds for  capital concentrated model  industry,  but  is  an utterly inadequate measure  ,and  can not fundamentally  change the situation  .<br>That is to say  ,deposit  rate  decreases with the increase  of  loanable funds  market  will  strengthen the service  economic entity  ,so the real estate  the influence cannot be too big  ,doudoune moncler.&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;each of the two concepts  is reasonable  .<br>While judging  a  macro monetary  policy adjustment  ,might as well  from the grand  view  .Last  2011,  the National Bureau of statistics  ,China  growth rate  of 9.2%  ,in view of the international  economy  ,the  economic  development speed is quite  not easy  .<br>But the  results  back  ,both international  demand  slowing factor  ,is the national  macro economic  policy  to play a role  ,the active control  ,doudoune moncler.&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;as  counselors office of the State Council  special researcher  Yao Jingyuan points out  ,at present  Chinese  economy  the  main contradiction  is not the  growth rate  ,but the  quality and effectiveness of  .<br>State control of  the speed of economic growth,  purpose is  to  change the way of economic growth  and structural adjustment  ,the  investment  ,consumption  ,exit  three  demand  relationship more harmonious  .<br>During  ,China  determine the economic  development goal is to  7%  ,the  more  shows that the Chinese  economy  turned way,  structure determination  .The past three years  ,the deposit reserve  rate  continued to rise  ,to tighten  monetary policy  as a  means of regulation  on  Chinese  economy  especially apparent  reduction of temperature and  speed  ,high level of dependence  on  capital  of the real estate industry  under pressure,  is to play  the role of economic levers,  provide a  buffer  for economic transition  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;but at the same time  ,continuous  tight  monetary policy  also brought  adverse effect  -- due  credit  configuration is not quite reasonable  ,a large number of small and medium  enterprises financing  is difficult  ,the second half of 2011  came the  Wenzhou  folk debit and credit  crisis  that is  typical of the stress response  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;it is not difficult to understand  from 2011  December  to February of this year,  the two time the central bank  lowered the deposit reserve ratio  ,and  always adhere to the  policy of estate adjusting control  is not  loosened  tone  .<br>At the same time  ,the government also  has been emphasized  ,to  strengthen the financial system  services to small and medium enterprises  ,agricultural  water conservancy  industry  ,emerging  industries  ,is  to ensure that  the transition of Chinese  economy    ,because once a  large  private enterprises  will inevitably lead to  collapse  ,unemployment  ,and  a large amount of  unemployment will lead to  the state financial expenditure  increase,,  the state  will either fall into  debt crisis  ,either in a  vicious spiral  of inflation  .<br>This is of course the  high-rise  is not willing to see  .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;accordingly  ,Chinese  monetary policy  ,economic  policy fine-tuning  though  objectively on the  real estate market favorable  relations with the real estate  ,but actually  not  ,.<br>Soon after  ,Prime Minister  Wen Jiabao  has  repeatedly emphasized the importance  of  prices reasonable return  ,February 22nd  ministry  reiterated    adhere to  real estate  adjusting control strength  does not relax    ,illustrates the  strict  regulation of  central  determination  has remained unchanged  ,the central  encourage  just to be  ,curb speculative  housing investment  adjusting control train of thought  has not changed  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;game  aggravate  director  hard  suffering  &nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;real estate agent who  has been difficult to  calm  .In  the central bank  deposit reserve rate cut  before,  Huayuan Real estate  mister Ren Zhiqiang  grumble,  dished out the    chamber  of    .<br>Carelessness is,  real estate developers  are    Chamber    ,need to  pull the economy  when  to put to it  ,no  need to pull  it  can only stand  .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;a year ago  ,he was also  on the real estate industry  full of confidence  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;the deposit reserve rate cut  ,and Ren Zhiqiang the grouch  no causal relationship  .But  any  complaint  is that  the real estate developers  ,there was a  hold    not to live  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;the National Bureau of statistics  released in 22  data shows  ,2011 China  70 big in the city builds  commodity house sale price  month-on-month fall  city  number  gradually  increased  .<br>  The people  in 2011  national economic and social development.    show  ,2011  December,  China  70 big in in the city  ,the  city  price  drop  for  52  ,49 more than in January  .It also  shows  ,2011 Annual  real estate development investment 6174000000000 yuan  ,doudoune moncler pas cher,up 27.<br>9% over the previous year  .Residential  investment 4430800000000 yuan  ,grow 30.2%  .In 2011  countrywide land  transaction price  of 804900000000 yuan  ,drops 1.9% compared to the same period  .&nbsp  ,moncler pas cher;&nbsp  ;&nbsp  ;&nbsp  ;also    hold    hold is  many  depend on the land from  the local government  finance  .<br>Have to say  ,based on the close  relationship of interests  ,local government  to save the  property market  and  the real estate developers  feel almost  as badly  .In 2012,  the popular  attention,  February 9th,  Anhui Province,  Wuhu  city has  been nicknamed the  year of the dragon    first  gun    local  real estate deal  .<br>New rules  ,Wuhu city  to buy new houses  ,second-hand housing  free of  taxes  ,and  buying houses in the area of 90  square meters below the  were given  specific  subsidies  .However  ,this  rescue  intentions were  soon  halted  new  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;according to  news  reports,  Beijing Centaline  Market  Research Department statistics  ,since  2011 since second half of the year  ,including Beijing  ,Shanghai  ,Hangzhou  ,Chongqing  17  city  introduced a  different tuning  policy  ,content involves  the purchase  threshold  ,ordinary residential standards  ,relax  provident fund  and  housing subsidies  ,tax concessions  and so on  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;economist  Le Jiachun to write civil point out  ,current and various local government  at present the biggest problem  ,is the  proceeds of land transfer  ,reduction  of local financing platform  needs cleaning  and local  government elections  resulted in  increased  investment  impulse  ,leading to  local government  finances  ,they  need  through the introduction  or dark  or bright  market  rescue  measures of    leverage  ,to  increase its  revenue,  prevented by  the property market downturn  for the future  revenue  may cause  decreased substantially  negative impact  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;but  afford much food for thought  is,  these from the  purchase limit  ,financial  ,tax  and other  different  perspectives of  local  fine-tuning  ,but  had  different treatment  .<br>As of  2011  October,moncler,  Guangdong  Foshan  Relax Edition      a day  that  was abolished  in 2011  November  ;Sichuan  Chengdu  ,relax  restriction  policy  ,will  be restricted to buy  range from  the family as the unit  of relaxation  to  the individual as a unit  ,but were  disclosed in the media  ,this policy  .<br>Then  is tightened  ;the same  is 2011  November  ,Chongqing City Bureau of finance  policy  ,in the Chongqing city  to buy housing  property tax  can be  implemented  ,the results of this  policy will  be an emergency stop  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;in Beijing  ,Shanghai and other places  in the  real estate deal  ,is  fine  ,but have not been  stopped  .Wuhu such as  the new deal,  Shanghai property market regulatory policy  also appeared  fine  --  foreign  residents  have  long-term residence  permit for at least three years  ,local  residents  can enjoy  the same  property  qualification  ,can  buy second  suites  .<br>  It must  to  loose  control policy  ,although the  look  is    curve  rescue  ,but  has not been  banned  .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;careful analysis  ,can be found  ,to    new Wuhu    as the representative and  to    new Shanghai    as the representative of the  local fine-tuning  policy  ,is the difference between  the former encourage  ,is to include  investment demand  ,all the  market demand  ,and the latter  support  is rigid demand  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;expert estimates  ,real estate market if  lose most of  the volume  ,moncler,a year down  30%  ,the real estate market must  hard landing  ,this means that the  industry and related sectors of the  collapse  .<br>However  ,this is clearly not  the original intention of  the central  regulation  .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ,moncler pas cher;in fact  ,the central  while  taking various measures  to suppress the real  estate  ,but  does not wish to see the  real estate market  hard landing  .<br>In  late February,  national Vice-President  Xi Jinping  attended the  China-US economic and trade  forum  stressed  ,in 2012 China  will be in accordance with the  advance  of  general  tone  ,continued to maintain steady and rapid economic  development  ,there is never any  so-called    hard landing    .<br>This  naturally including  real estate market  .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;it can thus be predicted  ,on the real estate  market,  local government  adjustment  policy and  policy of central macroscopical adjusting control  of the  game  will be  a long time  ,but really    very    reason has only,  that is  to encourage and support the  rigid  demand  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;but    just to be  really  survive?  In the current  national  is still  fired  out of the  high prices of the  situation  ,with  the rigid demand  consumers bid  level  certainly lower than  the housing  speculation  author  .<br>For the majority of consumers,  credit  and  loose  ,they have no  ability to pay  in vain  .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ,doudoune moncler;therefore  ,although local governments  and real estate developers  are trying to  hope that through  the central bank  loose  to allow consumers to  enter the housing market,  but  is not optimistic  .<br>In the  price  down  to a certain extent,  real estate developers  only in their  draw  funds  continue to  suffer  in a cage  .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ,;hot money  transfer  prices  down  there  ,&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;if the  inspection  of real estate  on the downstream  industry  ,can  more clearly  the real estate developers  suffering  situation  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;it has been  counted  a group of such data  ,description of  the real estate industry  and downstream industries on the  relationship  :real estate  reduction for every  1000000 square meters of construction  quantity  ,will affect the  employment of 300000 people  ,reduce the  demand for steel  20000 tons  ,reduce the  demand  of 80000 sets of  doors and windows  ,reduction of  about 20000 sets of  sanitary ware  demand  .<br>&nbsp  ,;&nbsp  ;&nbsp  ;&nbsp  ;and  real estate related  industries,  such as  steel  ,cement  ,decoration  ,bathroom and so  also  are in the    .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;to  the most representative of the  iron and steel  industry as an example  ,according to the  Chinese  building materials  reported  in 2011  ,1  to November  ,incorporated into the  China Steel Association statistics,  membership  enterprise product sales  profit  rate dropped to 2.<br>55%  ,which in October and  November,  a member of  the  profit and loss  in iron and steel enterprise  is  worth  of profit of the implementation after  only 1400000000 yuan  and 1220000000 yuan  ,moncler pas cher,average  sales  profit  rate of  only 0.<br>48% and  0.43%  respectively  .China  Steel Industry Association  ,chairman of  Shougang Corporation  chairman Zhu Jimin said  ,China Steel  Association  member of  iron and steel enterprises in 2011  November  if deduct  investment income is  to a net loss of  920000000 yuan  ,company loss range  is  more than 1/3  .<br>  The 2012 steel production  enterprise  profit  or loss  risk  will be increased further    ,doudoune moncler pas cher.&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;mentioned in the report  ,and the real estate industry  ,iron and steel  enterprises financing difficulties  ,the financing cost  substantially  upgrading is  a troubled enterprise  a big difficult problem  .<br>One disaster after another  is,  in the steel market  demand  ,steel prices  drop in the circumstances  ,in order to  mainly iron ore  prices of raw materials  costs  remain high  under  .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;associated  in other news  ,the Ministry of finance  ,the State Administration of Taxation  recently issued    the Ministry of finance  ,the State Administration of Taxation  on the adjustment of  tin ore  resources  tax rate applicable  standards notice    ,non-ferrous  metal ores  in the  tin ore  ,molybdenum ore  and other  metal ores  the  magnesite  ,talc  and other mineral resources  resource tax rate  are  increased  ,which  ,tin ore  rate increases  greatly,  more than the previous  increase 20 times  .<br>The news that  ,upregulation of  mineral resources  is to develop  applicable tax  tax  adjustment function  ,promote the  tin  resources reasonable development use  ,curb excessive  exploitation  and waste of resources  ,protection of ecological environment  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;surface,  real estate  market cold  winter  ,the iron and steel industry  ,ore prices  and  upregulation of  mineral resources  applicable tax  and not necessarily linked  ,but  real estate is  a senior person  to this print  reporter said,    the reality is  ,originally in the  real estate  market  hot money  transfer  ,moncler pas cher,transfer  to  mine    .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;hot money  transfer    it is self-evident  .According to the China Securities newspaper reported  ,based on 2011  data as an example  ,sources of funding real estate development company  ,relying on  the domestic loan  of about  1.<br>26 yuan  ,accounting for only 15.09%  ,most of the funds  from the  self  ,deposit  and  advance payment  .This means  ,hot money  gone,  real estate  is running high    support    in,  the real estate business fund chain  tension is the  inevitable result of  .<br>&nbsp  ;&nbsp  ;&nbsp  ,moncler;&nbsp  ;notably  ,the CBRC and the  land department  started to the  real estate  industry  risk prevention and control  .Not long ago  ,the China Banking Regulatory Commission  on the real estate  credit risk  issue-intensive  tips  ,explicitly require commercial  banks to strictly control the  overheated real estate  areas of  development  loans  ,and strengthening  enterprises    list    ,based on the  industry chain  to carry out  stress testing  .<br>Almost  at the same time,  the Ministry of land and resources  is also  proposed to strengthen  the central bank  ,China Banking Regulatory Commission  in consultation  with  ,clutch publish    on the strengthening of  land reserve  and financing  management notice    ,to prevent  local debt  pressure to produce a  violation  to act for  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;as everyone knows  ,the  first-tier cities  prices    stop  up  and    down slightly  ,  two or three lines    a slight fluctuation in  city    but  is    carry  real estate  business  results  .<br>But    carry price    can also be  how long  ?&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;February 21st,  real estate speculators  green city    full marketing    .The so-called  full marketing  ,but the  capital is  too much pressure,  as soon as possible  ,try  to sell  houses  re-steaming fund  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;marketing  may not be  really  effective  ,but  again its  release a  strong signal  :real estate developers  have been  carried  to the critical point  ,really want to  carry live  .<br>&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ,doudoune moncler pas cher;next,  prices  down  only  when conditions are ripe  .After all  ,only    just to be  to  rescue  ,but    just to be  is  not  expensive  .  Chinese  quality goes 10 thousand <br>Related articles:
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  <li>RFID试验将在秋季结束</li>
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Haier began the implementation of international strategy ,and in ,go ,go up three step development strategy under the guidance of achieved remarkable effect ,especially in last few years ,in global economy queasy situation, Haier washing machine can still get bucked up brilliant outstanding achievement .

Revision as of 21:05, 17 November 2012

Receiving a Peek at Black Ops 2

The making of Cod: Black Ops 2 has been confirmed to be November 13, 2012. Treyarch developed the first-person shooter gaming, which can be provided by Activision. The overall game is compatible with Windows, PlayStation 3, and Xbox 360. Eventhough it is the ninth Call of Duty game, it is the first someone to feature futuristic warfare setting. Additionally, it permits the player to create a storyline of his very own. The upcoming game is definitely brought up on Black Ops 2 forum sites.


The futuristic setting depicts 2025, when China and U . s . hold a cold war. However this war runs by robots and unmanned vessels, all depicting modern, advanced technology-based warfare. Amongst people, there's an element that depicts cynicism on the advanced technology. The original source with the China-US cold war extends back towards the 1980s, wherein the roots with the story were taken. The principle antagonist hanging around is Raul Menendez, who instigates war relating to the two countries. During the 1980s setting with the Black Ops game, Alex Mason could be the protagonist. His son, David Mason, becomes the key character in the 2025 sort of the action.

Mentioned previously, Black Ops 2 can have branching storylines, as players can influence the sport, as well as its story. The action calls for Strike Force missions, that may give players treating different war assets. These assets include robots, jets, and unmanned aircraft. The campaign continues get the job done player dies inside the mission, though the loss is recorded. The antagonist, Raul Menendez, will change his plans based on the progress of players from the Strike Force missions. Players can change the course of the Cold War.

Every Strike Force mission reminds you in the small sandbox battlefield, and you're absolve to select the order you would like to meet your aims. As an illustration, you'll be able to pick the units you play, and have a good look in the battlefield by zooming your picture, whilst the flesh and blood soldiers deploy UAVs and walking robots. It is possible to decide on a new unit and adopt its perspective, and you can quickly acquire any unit that you just prefer at this time. The "overwatch" mode allows you to give orders and feel the whole Strike Force missions.

The action developer, Treyarch, asserted the Zombies mode will reappear within the new version of Black Ops, in fact it is its third time to appear in Cod games. Zombies may have its very own campaign and may execute the multiplayer engine, that enables a more intense experience in addition to novel game modes. The Zombies mode sets [ cod black ops 2 hack tool] from older Call of Duty games, since it supports an 8 player co-op. Treyarch hasn't yet revealed much information in regards to the Zombies mode, though.

The visuals of Black Ops 2 are improved with the use of more complex graphics engine. Players will marvel the facial animation, which has been given more thorough attention. This means the characters can have more precise facial expressions.

Intelligent mobile phone Nokia Lumia 900 in the presence of

Nokia said,doudoune moncler pas cher, all have been purchased or in April 21st purchase of Lumia 900 mobile phone users will receive a coupon for $100,doudoune moncler, Lumia 900 two-year contract for $99,moncler.99,doudoune moncler.["finance and economics" comprehensive report] according to the Wall Street Journal reported,moncler, Nokia said in April 11th,, its new flagship intelligent mobile phone Lumia 900 in the presence of a software vulnerabilities,doudoune moncler pas cher, may cut the data connection,moncler.
Intelligent mobile phone Nokia chief Jo Harlow and Nokia American business person in charge Chris Weber said in a joint statement,doudoune moncler, this is purely a mobile phone and mobile phone software,doudoune moncler pas cher, hardware and network,doudoune moncler pas cher.
They said,moncler pas cher, and said Nokia will be around in April 16th,moncler, to provide solutions,moncler.Nokia said,doudoune moncler, all have been purchased or in April 21st purchase of Lumia 900 mobile phone users will receive a coupon for $100,doudoune moncler, Lumia 900 two-year contract for $99,moncler.
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already has more than 2000 Alibaba customers in the use of the dyke Technology software. The industry believes that the dyke of scientific and technological development of existing business software and Alibaba synergies related acquisitions Alibaba additional site value-added services , and expand revenue streams .

molybdenum ore and other metal ores the magnesite

&nbsp  ;&nbsp ,doudoune moncler;&nbsp  ;&nbsp  ;text / this print journalist &nbsp  ;&nbsp  ;Su Xiqiang &nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;February, Chinese market once again facing the complex and delicate and sensitive moment  : on the one hand, commercial housing prices basically stopped up ,trading volume continued to decline, director of sad sigh gas  ;on the other hand, the central bank for three years Heb.
Cut the deposit reserve ratio ,local property ready to ... ... &nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;housing to return  ?Is it right? The hunters  ?Consumer inevitably again entangled .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;policy adjustment ,release the real estate good signal  ?&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;the fine-tuning of monetary policy seems to be some unusual .
The evening of February 18th ,the people announced that ,starting in February 24th ,down from RMB deposit-taking financial institutions to deposit reserve ratio by 0.5 percentage points .After adjustment ,China financial institutions, the deposit reserve ratio of 20.
5% ,small and medium-sized financial institutions to deposit reserve ratio of 17% .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;notably ,and unlike in the past, the deposit reserve rate adjustment time on the weekend ,and is in the evening ,the previous adjustment is rare .
In addition ,it is also since December 5, 2011 for the first time in three years ,the central bank deposit reserve rate cut after cut for the second time .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;industry experts think generally ,interval of only two months ,the central bank again lowered the deposit reserve that ,by means of monetary policy moderately tight to the steady development ,and accompanied by the gradual loosening of monetary policy ,capital market liquidity is relatively increased ,helps to ease the financing problem .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;the real estate business, as a booster .The property tycoon Pan Shiyi was informed of the news, the first time in micro-blog admiral this comment as good news .
The netizen this exclamation , real estate developers ,you may come early spring . &nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;really so  ?&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;in reality, the central bank deposit reserve rate cut on the impact of the real estate market ,there are two views ,moncler.
Some people think ,the deposit reserve rate cut will be released to the market more than 400000000000 yuan of funds ,the transfer of a real estate bullish signal .Because these funds will be a part of the flow of real estate market ,housing prices will be better days .
After all ,doudoune moncler,in 2011 the stringent market regulatory policy for many developers sad day to the extreme .To associate with local government continuously spying nature deal ,optimistic view, the central regulation will more or less ,perhaps the central bank deposit reserve rate cut means tightening regulation has signs of loosening .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;another kind of viewpoint thinks ,the central bank deposit reserve rate cut is mainly to meet the industrial demand, not on the real estate market ,although real estate is industrial ,but from before in light of experience ,the price serious deviation value of market environment, to enter the real estate industry fund often used to fry house ,land speculation ,and 400000000000 yuan of funds for capital concentrated model industry, but is an utterly inadequate measure ,and can not fundamentally change the situation .
That is to say ,deposit rate decreases with the increase of loanable funds market will strengthen the service economic entity ,so the real estate the influence cannot be too big ,doudoune moncler.&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;each of the two concepts is reasonable .
While judging a macro monetary policy adjustment ,might as well from the grand view .Last 2011, the National Bureau of statistics ,China growth rate of 9.2% ,in view of the international economy ,the economic development speed is quite not easy .
But the results back ,both international demand slowing factor ,is the national macro economic policy to play a role ,the active control ,doudoune moncler.&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;as counselors office of the State Council special researcher Yao Jingyuan points out ,at present Chinese economy the main contradiction is not the growth rate ,but the quality and effectiveness of .
State control of the speed of economic growth, purpose is to change the way of economic growth and structural adjustment ,the investment ,consumption ,exit three demand relationship more harmonious .
During ,China determine the economic development goal is to 7% ,the more shows that the Chinese economy turned way, structure determination .The past three years ,the deposit reserve rate continued to rise ,to tighten monetary policy as a means of regulation on Chinese economy especially apparent reduction of temperature and speed ,high level of dependence on capital of the real estate industry under pressure, is to play the role of economic levers, provide a buffer for economic transition .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;but at the same time ,continuous tight monetary policy also brought adverse effect -- due credit configuration is not quite reasonable ,a large number of small and medium enterprises financing is difficult ,the second half of 2011 came the Wenzhou folk debit and credit crisis that is typical of the stress response .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;it is not difficult to understand from 2011 December to February of this year, the two time the central bank lowered the deposit reserve ratio ,and always adhere to the policy of estate adjusting control is not loosened tone .
At the same time ,the government also has been emphasized ,to strengthen the financial system services to small and medium enterprises ,agricultural water conservancy industry ,emerging industries ,is to ensure that the transition of Chinese economy ,because once a large private enterprises will inevitably lead to collapse ,unemployment ,and a large amount of unemployment will lead to the state financial expenditure increase,, the state will either fall into debt crisis ,either in a vicious spiral of inflation .
This is of course the high-rise is not willing to see .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;accordingly ,Chinese monetary policy ,economic policy fine-tuning though objectively on the real estate market favorable relations with the real estate ,but actually not ,.
Soon after ,Prime Minister Wen Jiabao has repeatedly emphasized the importance of prices reasonable return ,February 22nd ministry reiterated adhere to real estate adjusting control strength does not relax ,illustrates the strict regulation of central determination has remained unchanged ,the central encourage just to be ,curb speculative housing investment adjusting control train of thought has not changed .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;game aggravate director hard suffering &nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;real estate agent who has been difficult to calm .In the central bank deposit reserve rate cut before, Huayuan Real estate mister Ren Zhiqiang grumble, dished out the chamber of .
Carelessness is, real estate developers are Chamber ,need to pull the economy when to put to it ,no need to pull it can only stand .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;a year ago ,he was also on the real estate industry full of confidence .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;the deposit reserve rate cut ,and Ren Zhiqiang the grouch no causal relationship .But any complaint is that the real estate developers ,there was a hold not to live .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;the National Bureau of statistics released in 22 data shows ,2011 China 70 big in the city builds commodity house sale price month-on-month fall city number gradually increased .
The people in 2011 national economic and social development. show ,2011 December, China 70 big in in the city ,the city price drop for 52 ,49 more than in January .It also shows ,2011 Annual real estate development investment 6174000000000 yuan ,doudoune moncler pas cher,up 27.
9% over the previous year .Residential investment 4430800000000 yuan ,grow 30.2% .In 2011 countrywide land transaction price of 804900000000 yuan ,drops 1.9% compared to the same period .&nbsp ,moncler pas cher;&nbsp  ;&nbsp  ;&nbsp  ;also hold hold is many depend on the land from the local government finance .
Have to say ,based on the close relationship of interests ,local government to save the property market and the real estate developers feel almost as badly .In 2012, the popular attention, February 9th, Anhui Province, Wuhu city has been nicknamed the year of the dragon first gun local real estate deal .
New rules ,Wuhu city to buy new houses ,second-hand housing free of taxes ,and buying houses in the area of 90 square meters below the were given specific subsidies .However ,this rescue intentions were soon halted new .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;according to news reports, Beijing Centaline Market Research Department statistics ,since 2011 since second half of the year ,including Beijing ,Shanghai ,Hangzhou ,Chongqing 17 city introduced a different tuning policy ,content involves the purchase threshold ,ordinary residential standards ,relax provident fund and housing subsidies ,tax concessions and so on .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;economist Le Jiachun to write civil point out ,current and various local government at present the biggest problem ,is the proceeds of land transfer ,reduction of local financing platform needs cleaning and local government elections resulted in increased investment impulse ,leading to local government finances ,they need through the introduction or dark or bright market rescue measures of leverage ,to increase its revenue, prevented by the property market downturn for the future revenue may cause decreased substantially negative impact .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;but afford much food for thought is, these from the purchase limit ,financial ,tax and other different perspectives of local fine-tuning ,but had different treatment .
As of 2011 October,moncler, Guangdong Foshan Relax Edition a day that was abolished in 2011 November  ;Sichuan Chengdu ,relax restriction policy ,will be restricted to buy range from the family as the unit of relaxation to the individual as a unit ,but were disclosed in the media ,this policy .
Then is tightened  ;the same is 2011 November ,Chongqing City Bureau of finance policy ,in the Chongqing city to buy housing property tax can be implemented ,the results of this policy will be an emergency stop .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;in Beijing ,Shanghai and other places in the real estate deal ,is fine ,but have not been stopped .Wuhu such as the new deal, Shanghai property market regulatory policy also appeared fine -- foreign residents have long-term residence permit for at least three years ,local residents can enjoy the same property qualification ,can buy second suites .
It must to loose control policy ,although the look is curve rescue ,but has not been banned .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;careful analysis ,can be found ,to new Wuhu as the representative and to new Shanghai as the representative of the local fine-tuning policy ,is the difference between the former encourage ,is to include investment demand ,all the market demand ,and the latter support is rigid demand .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;expert estimates ,real estate market if lose most of the volume ,moncler,a year down 30% ,the real estate market must hard landing ,this means that the industry and related sectors of the collapse .
However ,this is clearly not the original intention of the central regulation .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp ,moncler pas cher;in fact ,the central while taking various measures to suppress the real estate ,but does not wish to see the real estate market hard landing .
In late February, national Vice-President Xi Jinping attended the China-US economic and trade forum stressed ,in 2012 China will be in accordance with the advance of general tone ,continued to maintain steady and rapid economic development ,there is never any so-called hard landing .
This naturally including real estate market .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;it can thus be predicted ,on the real estate market, local government adjustment policy and policy of central macroscopical adjusting control of the game will be a long time ,but really very reason has only, that is to encourage and support the rigid demand .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;but just to be really survive? In the current national is still fired out of the high prices of the situation ,with the rigid demand consumers bid level certainly lower than the housing speculation author .
For the majority of consumers, credit and loose ,they have no ability to pay in vain .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp ,doudoune moncler;therefore ,although local governments and real estate developers are trying to hope that through the central bank loose to allow consumers to enter the housing market, but is not optimistic .
In the price down to a certain extent, real estate developers only in their draw funds continue to suffer in a cage .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;&nbsp ,;hot money transfer prices down there ,&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;if the inspection of real estate on the downstream industry ,can more clearly the real estate developers suffering situation .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;it has been counted a group of such data ,description of the real estate industry and downstream industries on the relationship  :real estate reduction for every 1000000 square meters of construction quantity ,will affect the employment of 300000 people ,reduce the demand for steel 20000 tons ,reduce the demand of 80000 sets of doors and windows ,reduction of about 20000 sets of sanitary ware demand .
&nbsp ,;&nbsp  ;&nbsp  ;&nbsp  ;and real estate related industries, such as steel ,cement ,decoration ,bathroom and so also are in the .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;to the most representative of the iron and steel industry as an example ,according to the Chinese building materials reported in 2011 ,1 to November ,incorporated into the China Steel Association statistics, membership enterprise product sales profit rate dropped to 2.
55% ,which in October and November, a member of the profit and loss in iron and steel enterprise is worth of profit of the implementation after only 1400000000 yuan and 1220000000 yuan ,moncler pas cher,average sales profit rate of only 0.
48% and 0.43% respectively .China Steel Industry Association ,chairman of Shougang Corporation chairman Zhu Jimin said ,China Steel Association member of iron and steel enterprises in 2011 November if deduct investment income is to a net loss of 920000000 yuan ,company loss range is more than 1/3 .
The 2012 steel production enterprise profit or loss risk will be increased further ,doudoune moncler pas cher.&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;mentioned in the report ,and the real estate industry ,iron and steel enterprises financing difficulties ,the financing cost substantially upgrading is a troubled enterprise a big difficult problem .
One disaster after another is, in the steel market demand ,steel prices drop in the circumstances ,in order to mainly iron ore prices of raw materials costs remain high under .&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;associated in other news ,the Ministry of finance ,the State Administration of Taxation recently issued the Ministry of finance ,the State Administration of Taxation on the adjustment of tin ore resources tax rate applicable standards notice ,non-ferrous metal ores in the tin ore ,molybdenum ore and other metal ores the magnesite ,talc and other mineral resources resource tax rate are increased ,which ,tin ore rate increases greatly, more than the previous increase 20 times .
The news that ,upregulation of mineral resources is to develop applicable tax tax adjustment function ,promote the tin resources reasonable development use ,curb excessive exploitation and waste of resources ,protection of ecological environment .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;surface, real estate market cold winter ,the iron and steel industry ,ore prices and upregulation of mineral resources applicable tax and not necessarily linked ,but real estate is a senior person to this print reporter said, the reality is ,originally in the real estate market hot money transfer ,moncler pas cher,transfer to mine .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;hot money transfer it is self-evident .According to the China Securities newspaper reported ,based on 2011 data as an example ,sources of funding real estate development company ,relying on the domestic loan of about 1.
26 yuan ,accounting for only 15.09% ,most of the funds from the self ,deposit and advance payment .This means ,hot money gone, real estate is running high support in, the real estate business fund chain tension is the inevitable result of .
&nbsp  ;&nbsp  ;&nbsp ,moncler;&nbsp  ;notably ,the CBRC and the land department started to the real estate industry risk prevention and control .Not long ago ,the China Banking Regulatory Commission on the real estate credit risk issue-intensive tips ,explicitly require commercial banks to strictly control the overheated real estate areas of development loans ,and strengthening enterprises list ,based on the industry chain to carry out stress testing .
Almost at the same time, the Ministry of land and resources is also proposed to strengthen the central bank ,China Banking Regulatory Commission in consultation with ,clutch publish on the strengthening of land reserve and financing management notice ,to prevent local debt pressure to produce a violation to act for .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;as everyone knows ,the first-tier cities prices stop up and down slightly , two or three lines a slight fluctuation in city but is carry real estate business results .
But carry price can also be how long  ?&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;February 21st, real estate speculators green city full marketing .The so-called full marketing ,but the capital is too much pressure, as soon as possible ,try to sell houses re-steaming fund .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp  ;marketing may not be really effective ,but again its release a strong signal  :real estate developers have been carried to the critical point ,really want to carry live .
&nbsp  ;&nbsp  ;&nbsp  ;&nbsp ,doudoune moncler pas cher;next, prices down only when conditions are ripe .After all ,only just to be to rescue ,but just to be is not expensive . Chinese quality goes 10 thousand
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