Loss-reporting Services & POS Consumption Guide
January 3rd, 2009
To help you understand and use Peony card, we specially introduce you about Peony card services improvement measures proposed by ICBC since May 2002.
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Posts Tagged ‘Beijing’
Peony Card Important Notices
January 3rd, 2009
I. In order to make it easy for cardholders to use cards, ICBC launched a series of service improvement measures according to international conventions, announced as below:
1. The following service measures have been launched in the cities of Beijing, Shanghai, Tianjin, Chongqing, Shenzhen, Xiamen, Qingdao, Dalian, Ningbo, Haerbin, Shenyang, Wuhan, Changsha, Chengdu, Xi’an, Kunming, Haikou, etc. and the whole provinces of Jiangsu, Guangdong and Zhejiang:
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Enhance Confidence and Consolidate Works to Keep the development of Commercial Businesses Effective and Rapid, National Meeting on Commercial Works Held in Beijing
December 29th, 2008
The National Meeting on Commercial Works which lasted two days was held in Beijing on December 23 and December 24. The meeting emphasized the general requirements on the commercial requirements of 2009, which are: fully implementing the spirits of the 17th CPC National Congress and the Third Plenum of the 17th Party Congress, taking the Deng Xiaoping Theory and the important thoughts of “Three Represents” as guidance, deeply implementing and fulfilling the scientific outlook on development, taking “expanding of domestic demands and maintaining steady development of foreign trades” as the focuses, improving the policies, enhancing the services, wholly planning both the domestic and international markets and resources, accelerating the structural readjustment and transition of development modes, and achieving a effective and rapid development of commercial businesses.
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Chinese SOEs see double-digit decline in profits in 1st 11 months
December 29th, 2008
Profits of China’s state-owned enterprises declined for four consecutive months since August, due largely to high stockpiles and weaker demand during the global financial crisis, sources with the Ministry of Finance said on Sunday.
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China to Build Sugar Stockpiles, Maintain Price Stability
December 28th, 2008
The central and local governments will act to prevent further falls in sugar prices, Guo Shengkun, Communist Party head of southwest Guangxi Autonomous Region, told reporters in Beijing on Tuesday.
Guo, speaking at a press conference held by the State Council’s Information Office, said some governments have started to build a sugar stockpile with the goal of keeping prices at 3,000 yuan ($435) to 4,000 yuan per tonne.
On Tuesday, prices in Yunnan and Guangxi, China’s major sugar-producing area, dropped below 3,000 yuan per tonne.
The government will also establish a mechanism to link sugar prices to those of sugar cane to avoid sharp price falls, Guo said.
Guo said the region’s government would urge sugar producers to find more ways to use the crop, such as making grain alcohol, to reduce supply.
The government would also advise farmers to be cautious in expanding sugar cane planting and to pay close attention to market prices, he said.
Guangxi produced 9.71 million tonnes of sugar last year, or about two-thirds of China’s total. There are 13 million farmers in Guangxi who make a living by planting sugar cane.
Guo admitted that falling sugar and non-ferrous metals prices had reduced farm incomes, government revenue and corporate profits.
However, he said, these declines would have a limited impact since the region had a diversified industrial base that included sugar, mining and vehicle and machinery production.
He attributed depressed conditions in Guangxi to the global financial crisis. But he said he remained optimistic on the region’s economy since the central government’s economic stimulus program would provide business opportunities.
“The central government’s policy to increase domestic demand will help the region,” Guo said. As an example, he said, the region’s mini-van production had not been affected.
“For our machine-making industry, the central government plan to increase infrastructure construction revealed in the stimulus will also provide more sales for us,” he said.
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Property Sales Rebound in Beijing and Shanghai
December 28th, 2008
Property sales in Beijing and Shanghai rose in November after being stagnant in the previous few months. Apartment sales climbed 52.4 percent in Beijing from October, while Shanghai grew 41.98 percent, official figures of the two cities showed.
According to statistics from the Beijing Municipal Construction Committee, 12,479 apartments, with a combined floor area of 1.19 million square meters, were sold in Beijing in November.
Figures from the China Real Estate Information Circle System (CRIC), a proprietary real estate database service from E-House (China) Holdings, showed that the total floor area of apartments sold in Shanghai in November 2008 rose to 708,500 square meters.
Despite the increase from last month, apartment sales in November haven’t brought much cheer to real estate developers and agents. “The increase of sales (in November) was from a low base in October when sales was dismal,” explained Meng Qi, senior analyst from Century 21 China Real Estate.
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