浅析南阳旅游业规划与发展1

江门民康医院 2024-04-28 17:27:12

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BEIJING, Feb. 21 (Xinhua) -- With Chinese banks' record new lending in 2009 igniting fears about asset bubbles and bad loan, the banking regulator's latest rules aim to bring financial risk under control.The new directives order banks to focus on loan quality control, rather than quantity restriction, and aim to make loans flow to the real economy -- rather than the property and stock markets, which are susceptible to asset bubble formation.Analysts say the directives are a smart way to handle the policy dilemma the central bank faced: with inflationary pressures growing after increased money supply, how can monetary policy be tightened without hurting the fragile economic recovery?The China Banking Regulatory Commission (CBRC) issued new regulations on Saturday evening telling banks to set lending quotas after "prudent calculation" of borrowers' "actual demand".It also reiterated working capital should not finance fixed-asset investment and equity stakes. The new rules also ask lenders to give funds directly to the end user declared by the borrower, instead of directly giving it to the debtor, in an effort to ensure loans are used for their declared purpose.Execution of the directives will help banks exit the "credit stimulus spree", as they pay more attention to risk control. The directives are crucial for the banks' sustainable expansion, said Yu Xiaoyi, analyst with Guangfa Securities.Loose oversight and easy monetary policy have led to many banks developing the bad habit of being excited about loan extension but indifferent to the tracking of loan use, which can result in credit appropriation, an unnamed insider told Xinhua.That allowed many Chinese enterprises to borrow much more than they needed in order to speculate with various types of investment, even though they had ample funds on hand for their routine business operations.In support of the government's 4-trillion yuan stimulus package, Chinese banks lent an unprecedented 9.6 trillion yuan in 2009, nearly half of 2009 gross domestic product.Researchers said that large amounts of the borrowed funds went into property and stock market speculation, further pushing up soaring house prices and further inflating asset bubbles.According to official data released by CBRC, some regions reported two to three percent of funds were misappropriated.Wang Kejin, an official with the Supervision Rules and Regulation Department of CBRC, told Xinhua "the current working capital and individual loans exceeded real market demand,"The inadequate monitoring of loan use demands improvement, otherwise creditors will suffer losses and systemic risks will build, the CBRC said in a statement on its website."Our purpose was to prevent it happening," the statement said.Ba Shusong, a researcher with the Development Research Center of the State Council, China's cabinet, said the new rules will further strengthen credit risk controls and put a "brake" on lending and keep the financial system in good health,Guo Tianyong, a professor with the Central University of Finance and Economics, said the new directive will prevent systemic risk after the rapid expansion in credit.Although the CBRC and the nation's central bank have repeatedly warned banks to maintain an even pace in lending growth and to avoid big fluctuations, new yuan loans hit a massive 1.39 trillion yuan in January, as banks scrambled to lend before an expected tightening in credit later in the year.CBRC chairman Liu Mingkang said on Jan. 27 the Chinese government is aiming to restrict credit supply to 7.5 trillion yuan (about 1.1 trillion U.S.dollars) in 2010.Analysts expect short-term loans to fall significantly on account of tougher lending requirements that prevent businesses using new loans to repay old credit, a phenomena rampant when bill financing with 180-day maturity comprised nearly half of new loans in the first quarter of 2009.To soak up the excess liquidity on the heels of lending spree, China has raised the deposit reserve requirement ratio (RRR) twice this year, after holding it steady for over a year, to handle the "comparatively loose liquidity" while keeping the "moderately easy" monetary policy unchanged.Jing Ulrich, Chairman of China Equities and Commodities at JP Morgan Chase, estimated China's new lending would fall 17 percent this year as the government takes steps to prevent inflation."While lending support for real economic activity is expected to continue, banks are likely to be more vigilant on shorter term credit facilities, given the regulator's anxiety over asset bubbles and capital adequacy ratios," she said.

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SINGAPORE, Feb. 16 (Xinhua) -- Singapore's Senior Minister Goh Chok Tong said on Tuesday that China will become even more important globally and Singapore must find opportunities to ride on China's growth.Speaking at the Business China spring reception on Tuesday night, Goh said that China has over the past year weathered the global economic downturn with exceptional resilience.Despite shrinking external demand and rising unemployment, China's timely and bold policy responses have enabled its economy to grow at a sizzling 8.7 percent last year, he said, adding that China is now reinforcing its role as the engine for growth in Asia, if not the world.Goh said that the city state recognized China's potential early, soon after China began to open up its economy in 1978.Because of the early efforts made by the Singapore government and Singaporeans, China is today the city state's third largest trading partner and top investment destination, Goh said.As for riding on China's growth, Goh said that the Singapore government will help its companies gain an even stronger foothold in China, and continue to catalyze business opportunities in China.The seven provincial-level business councils, as well as other high-level dialogues and platforms, help open opportunities for companies, reinforce the Singapore brand name and increase its mindshare in China, Goh said.

BEIJING, March 9 (Xinhua) -- Chinese President Hu Jintao Tuesday paid his final respects to renowned educator and social activist Sun Qimeng as his body was taken away to be cremated at the Babaoshan Revolutionary Cemetery in Beijing.Sun died in Beijing on March 2. He was 100. Chinese President Hu Jintao shakes hands with a relative of renowned Chinese educator and social activist Sun Qimeng at the Babaoshan Revolutionary Cemetery in Beijing, capital of China, March 9, 2010. Sun died in Beijing on March 2 and his body was cremated on Tuesday. Top legislator Wu bangguo, Premier Wen Jiabao and Sun's friends joined Hu in the farewell ceremony.Other senior leaders, including top political advisor Jia Qinglin, senior leader Li Changchun, vice president Xi Jinping, vice premier Li Keqiang, senior leader He Guoqiang, and senior leader Zhou Yongkang also expressed their condolences.Sun was vice-chairman of the Standing Committee of the seventh and eighth National People's Congresses and honorary chairman of the seventh and eighth China Democratic National Construction Association Central Committee.Sun graduated in 1929 from the Politics Department of Soochow University in Suzhou city, and joined the Communist Party of China in 1950.He has made outstanding contributions to vocational education in China as well as to the country's development of social democracy and the legal system, said an official statement.

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BEIJING, Feb. 9 (Xinhua) -- Senior Chinese leader He Guoqiang has stressed the country's determination and efforts in fighting corruption in a lengthy report published Tuesday, saying current anti-graft situation was still "grave.""While fully acknowledging the achievements, we should see clearly that many problems still exist in our fight against corruption... the situation is still grave and the task is arduous," He said.He, a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, noted that the main missions for the new year included intensified crackdown on cases concerning officials' power abuse, embezzlement, bribery and dereliction of duty.He said the country would also step up campaigns against officials' extravagant behaviors in the new year.Figures from the report show that local party and government departments saved a total of 15.8 billion yuan (2.31 billion U.S. dollars) by reducing expenses in travels, vehicles purchase and food and accommodation.Party and government officials' spending on overseas business trips dropped 37.6 percent compared with the average figure of the past three years.Also, as of November, a total of 22,884 "small coffers" illegally held by Party and government officials worth 10.16 billion yuan (1.49 billion U.S. dollars), had been uncovered since a campaign was launched in last June.He also urged improving the regulations on party members and officials' declaring personal information for the country's upcoming anti-graft moves, saying that housing, investment, employment of their spouses and children should also be included in the information list.He said that officials who refuse to declare their properties should be severely dealt with.The report was first delivered on Jan. 11 at a plenary session held by the Communist Party of China (CPC) Central Commission for Discipline Inspection (CCDI), the party's internal anti-graft body.He, head of commission, urged officials to carefully study and implement President Hu Jintao's speech on anti-corruption at the meeting.Hu said at the session that efforts should be made to investigate cases of power abuse, corruption and embezzlement as well as dereliction of duty.Hu pledged to push forward the construction of anti-corruption procedures, with confidence, determination, forceful measures and a solid working style.

VLADIVOSTOK, Russia, March 21 (Xinhua) -- Visiting Chinese Vice President Xi Jinping Sunday encouraged Chinese and Russian youths to make joint efforts in helping push forward the friendly bilateral ties.Xi, during his visit to the Confucius Institute of Far Eastern National University here, called on youths of the two countries to realize the aim with their youthful passion and wisdom.At the institute, which was founded in 2006, Xi watched an exhibition showing its achievement, attended a Chinese calligraphy lesson taken by Russian students, and inaugurated a bronze statue of Confucius.Xi also paid a visit to the "Ocean" all Russia children's center, where hundreds of Chinese pupils and middle-school students, victims of a devastating major earthquake in 2008, had attended a rehabilitation program.The massive earthquake struck southwestern China's Sichuan, Shaanxi and Gansu provinces on May 12, 2008, leaving some 70,000 people dead and 18,000 others missing.Xi recalled that the Russian government and people provided timely assistance to victims of the quake and President Dmitry Medvedev later invited more than 1,500 Chinese pupils and middle-school students from the quake-hit areas to Russia for rehabilitation.The Chinese vice president conveyed the sincere greetings and best wishes of these Chinese children to their Russian peers in the center, and, on behalf of the Chinese government and people, expressed his heartfelt thanks to the staff of the center.Xi said Chinese and Russian youths are the builders and successors of the future undertaking of the Sino-Russia friendship.He said the "Year of Chinese Language" would open in Russia in several days, expressing his hope that Russian youths would actively take part in related activities, and learn Chinese language, history and culture.Xi arrived in Vladivostok Saturday for a five-day official visit to Russia.

BEIJING, March 11 (Xinhua) -- China's top political advisor Jia Qinglin on Thursday urged for pushing forward mainland-Taiwan relations steadily, saying the two sides are facing a grand opportunity for the development of ties.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the call when attending a panel discussion of the annual session of the National People's Congress."The relations across the Taiwan Strait saw comprehensive improvement and development over the past year, and we are now facing a grand opportunity to develop the ties," Jia told NPC deputies of the delegation representing Taiwan."It's imperative to do well the work concerning Taiwan in a concrete and effective manner and steadily push forward cross-Strait relations," Jia said."We must stick to the principle that the mainland and Taiwan both belong to one China, consolidate the political foundation for the peaceful development of cross-Strait relations and strengthen political trust between the two sides," Jia said.Jia, also Standing Committee member of the Political Bureau of the Communist Party of China Central Committee, also urged the two sides to deepen their economic cooperation and establish a long-term mechanism for mutual development and benefit.Cultural and educational exchanges should be vigorously promoted to deepen the sense of national and cultural identity between compatriots across the strait, Jia said.

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BEIJING, March 9 (Xinhua) -- Work place accidents in China reversed an upward trend and declined steadily over the past few years because of efforts to remove potential dangers, a senior trade union official said here Tuesday.Workplace accidents decreased 8.4 percent in 2009 from a year earlier, while work-related deaths dropped 8.8 percent, Zhang Mingqi, vice chairman of the All China Federation of Trade Unions, said at a press conference on the sidelines of the annual session of the National People's Conference, the country's top legislature.Zhang Mingqi, deputy president of the All-China Federation of Trade Unions, answers questions during a press conference on the function of Chinese trade unions during the transformation of the pattern of economic development held on the sidelines of the Third Session of the 11th National People's Congress in Beijing, China, March 9, 2010Last year, the administration hired more than 100 civilian inspectors to help improve work safety. It also stepped up efforts to eliminate potential dangers at work places and enhance training to improve awareness of workers' safety.

SHANGHAI, Jan. 27 (Xinhua) -- The government must mobilize the public to safeguard security, which is the priority of the Shanghai World Expo, the top Shanghai official said Wednesday.The measures to ensure a secure Expo need understanding and support from the public, said Yu Zhengsheng, secretary of the Communist Party of China Shanghai Municipal Committee. "We can minimize the elements of potential dangers only if we trust, rely on and mobilize the grassroot organizations and the public."Yu made the remarks at the ongoing annual session of the municipal advisory body.The measures in safeguarding security and smooth traffic would interrupt the citizens's daily life. The government should seek public opinions and understanding to hold a successful Expo, he said."We should call for citizens to carry as few bags as possible or even no bags when traveling by subway so as to reduce the pressure on security checks," he said.The 2010 World Expo will be held from May 1 to Oct. 31 in Shanghai, expected to attract an record total of 70 million visitors.

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BEIJING, March 5 (Xinhua) -- Chinese Premier Wen Jiabao on Friday reiterated determination to curb the excessive growth of home prices in major cities and satisfy people's basic need for housing.He made the pledge while delivering a government work report to the Third Session of the 11th National People's Congress(NPC), China's top legislature, which is the latest demonstration of the government's determination to tame the runaway home prices.Driven by record bank lending and favorable tax breaks, China saw a sharp residential property price hike nationwide in the past year, triggering heated public complaints and fears of possible assets bubble.China's home prices in 70 large- and medium-sized cities, a housing price trend barometer, climbed 9.5 percent in January 2010 from a year earlier, the fastest growth in 19 months. Chinese Premier Wen Jiabao delivers a government work report during the opening meeting of the Third Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, capital of China, March 5, 2010Wen promised an increased supply of low-cost housing and common residential houses, restraining of speculative purchase, tighter land use management and stricter control of bank credit.A total of 63.2 billion yuan (9.25 billion U.S.dollars) will be spent by the central government in low-income housing in 2010, an increase of 8.1 billion yuan, or 14.7 percent over last year, Wen said.The government will also build 3 million housing units for low-income families and renovate 2.8 million shanty units, he said.Wen's remarks indicate the government's regulation target in the real estate sector this year, which will emphasize on satisfying demand of mid- and low-income families while ensuring a healthy development of the market, said Gu Yunchang, vice president of China Real Estate Research Association."To curb the excessive growth of home prices is a must for the healthy development, or else the foaming market would bring destructive consequences to the industry," said Gu.China's central and local governments has begun to take moves to deflate the housing bubble since late last year, including reimposing a sales tax on homes sold within five years of their purchase and raising down payment requirement for families buying a second or more houses with bank loans.In another move to cool the property market, the People's Bank of China, the central bank, announced twice within a month to raise the deposit reserve requirement ratio earlier this year.During an online chat with the Chinese Internet users last week, Wen expressed his confidence in the government measures in response to complaints over soaring home prices."It is the government's responsibility to guide the property market. I am confident that the government will ensure the healthy development of the property market," he said.

BEIJING, March 11 (Xinhua) -- China's top political advisor Jia Qinglin on Thursday urged for pushing forward mainland-Taiwan relations steadily, saying the two sides are facing a grand opportunity for the development of ties.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the call when attending a panel discussion of the annual session of the National People's Congress."The relations across the Taiwan Strait saw comprehensive improvement and development over the past year, and we are now facing a grand opportunity to develop the ties," Jia told NPC deputies of the delegation representing Taiwan."It's imperative to do well the work concerning Taiwan in a concrete and effective manner and steadily push forward cross-Strait relations," Jia said."We must stick to the principle that the mainland and Taiwan both belong to one China, consolidate the political foundation for the peaceful development of cross-Strait relations and strengthen political trust between the two sides," Jia said.Jia, also Standing Committee member of the Political Bureau of the Communist Party of China Central Committee, also urged the two sides to deepen their economic cooperation and establish a long-term mechanism for mutual development and benefit.Cultural and educational exchanges should be vigorously promoted to deepen the sense of national and cultural identity between compatriots across the strait, Jia said.

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