China's government freezes hotel allowance caps for officials

6月 10, 2010

BEIJING, June 9 (Xinhua) -- China's Ministry of Finance has
frozen its 300-yuan (44 U.S. dollars) maximum hotel room allowance
for government officials on business trips to provincial capitals
for a further two years.
The cap would be lower for prefecture-level cities, said a statement
posted on the ministry website Wednesday, without giving details.
The statement said three-star hotels would be the top
accommodation for government officials. The standard rate for
single and twin rooms should be no more than 300 yuan a night,

China's May consumer confidence weakens amid market fluctuations

6月 10, 2010

BEIJING, June 9 (Xinhua) -- Chinese spent less in May amid
volatile stock market fluctuations in the wake of the European
sovereign debt crisis, according to the latest reading of an index
that gauges consumer confidence published Wednesday.
The Bankcard Consumer Confidence Index (BCCI), compiled by
Xinhua News Agency and national bank card association China
UnionPay, slid to 86.39 in May, down 0.41 points from April.
Compared with the same period last year, the May BCCI figure
was 0.89 points higher. The index hit a record high of 86.89 in March.

Indonesia woes China's big investors in infrastructure

6月 10, 2010

JAKARTA, June 9 (Xinhua) -- Indonesian officials have met with
China's construction and electrical firms in Shanghai, offering
them to involve in billions of dollars worth of infrastructure
projects aimed to solve the bottlenecking of economic growth in
the Southeast Asia's largest economy, a media reported here
Wednesday.
The meeting on Tuesday was attended among others by more than
30 high-level executives from China's big players with global
footprints such as the China Railway Engineering Co Ltd, China
Industry Investment International, State Grid International

Securities regulator reviews Agricultural Bank of China's IPO plan

6月 10, 2010

BEIJING, June 9 (Xinhua) -- China's securities regulators
Wednesday began reviewing Agricultural Bank of China Limited's
initial public offering application as the lender finalized
preparations for its dual listing in Shanghai and Hong Kong.
The China Securities Regulatory Commission (CSRC) Public
Offering Review Committee is expected to announce the review
result later Wednesday.
The bank is yet to decide its share price range if it receives
regulatory approval. Analysts believe it will be in the 2.5 yuan
to 2.6 yuan range for A-shares because of recent market

Chinese shares close higher at midday Wednesday

6月 10, 2010

BEIJING, June 9 (Xinhua) -- Chinese equities closed slightly
higher in the morning session Wednesday, with the benchmark
Shanghai Composite Index up 0.15 percent to end at 2,517.82 at
midday.
The Shenzhen Component Index rose 0.63 percent to end the
morning session at 10,102.49. Enditem

Fire risk sparks Shanghai GM Cadillac recall

6月 10, 2010

BEIJING, June 9 (Xinhua) -- Shanghai GM is recalling 4,199
imported Cadillac vehicles installed with faulty windshield wiper
fluid systems that could lead to fires, China's top quality
watchdog said Wednesday.
The recall involves 1,032 Escalade vehicles made from 2007 to
2009, and 3,167 CTS models made in 2008 and 2009, said the General
Administration of Quality Supervision, Inspection and Quarantine
(GAQSIQ) in a statement on its official website.
A defect in a heated windshield wiper fluid system could lead

China stock index futures open mixed Wednesday

6月 10, 2010

BEIJING, June 9 (Xinhua) -- China's stock index futures opened
mixed Wednesday. The contract for settlement in June, the most
actively traded, opened at 2,720.4, down from 2,724.4 the previous
trading day.
The contract expiring in July opened at 2,735, down from 2,735.4.
The September contract opened at 2,768, up from 2,765.6 points
while the December contract opened at 2,800.2, up from 2,796.
The stock-index contracts, agreements to buy or sell the Hushen
300 Index at a present value on an agreed date, are designed to

Sinopec to beef up refining capacity in 2010

6月 10, 2010

BEIJING, June 9 (Xinhua) -- China's top refiner Sinopec was set
to process 10 percent more crude oil in 2010 compared with last
year, the China Daily reported Wednesday.
The Beijing-based firm's oil refining capacity has seen a
10-percent growth year on year in the past few years, Chen Yaohuan,
deputy director of the company's refining business, was quoted as
saying by the English-language newspaper.
The company has built several oil refiners in China's Yangtze
River Delta, the Pearl River Delta and the Bohai Sea Rim area,
Chen said.

ChiNext Index opens higher Wedesday

6月 10, 2010

BEIJING, June 9 (Xinhua) -- ChiNext stocks opened higher
Wednesday, with the ChiNext Index opening at 1,070.85, up from
1,067.15 from the previous trading day.
The index, officially launched on June 1 on the Shenzhen Stock
Exchange, has a base value of 1,000 points.
The ChiNext Index, together with the Shenzhen Component Index
and the Shenzhen SME (small and medium-sized enterprises) Board
Index makes up the three core indices reflecting the performance
of China's stocks listed on the Shenzhen Stock Exchange. Enditem

Market exchange rates in China -- June 9

6月 10, 2010

BEIJING, June 9 (Xinhua) -- The central parity rate of the RMB
against five major currencies announced June 9 by the China
Foreign Exchange Trading System:
Currency Unit Middle Price (in RMB yuan)
U.S. Dollar 100 682.82
Euro 100 815.01
Japanese Yen 100 7.4780
Hong Kong Dollar 100 87.496
British Pound 100 983.67
The central parity of RMB against the U.S. dollar is based on a

トピックス

より良い都市 より良い生活より良い都市 より良い生活

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