Plate Heat Exchanger

Electric power investment needs in advance
In last few years, coal prices contradictory intensifies day by day, electric power enterprise power reduced enthusiasm, even frequent short-term power shortage. In addition, the investment enthusiasm is also a corresponding reduction in thermal power. Since 2005, 6 consecutive years of power investment decrease compared to the same period in 2011, thermal power investment in 2005 46.4%, thermal power investment accounted for the proportion of the total investment of power also dropped to 28.4%. Should say, thermal power investment declined in line with the adjustment of energy structure and low carbon development. But the question is, in what way should be used to compensate for the thermal power investment to bring down the power supply gap, guarantee an adequate supply of electricity?
Recently, the China Electricity Council released the” 2011 national electric power supply and demand situation and the 2012 analysis and forecast” points out, 2012 national electric power supply and demand still greater overall. Regional, seasonal, seasonal power shortages still more outstanding, maximum power gap will reach 30000000 – 40000000 kilowatts. Electric couplet predictors of outcome, and cause the public to power shortage this year may concern.

Today great inflow of capital stock ( list) body of capital flows has been found to change! Free Level-2 high-speed market charge software with powerful function of free limit of power demand prediction reliability for power demand growth is very important to the developing countries. Developing electric power demand forecasting face more difficulties and challenges, this is mainly because of the national economic growth, system problem and Reform on electric power demand has a significant effect on. In addition, socioeconomic conditions, incidents as well as energy price subsidies often also affects the electric power demand.
Power is capital concentrated model industry, more than 85% of China’s electricity for production, power of surplus and shortage will bring tremendous economic cost. Shortage cost far more than the excess cost, the same percentage of power shortage loss is substantially higher than that to solve the shortage of investment required. But the power shortage cost also does not include to social stability and the investment environment of adverse effects, if it is also incorporated into the shortage of power loss, power shortage cost more.
Therefore, to ensure the rapid and stable economic growth, we need to establish” of” electric power investment and development strategy. ” Power ahead of the rest” refers to the assumption of power transmission and distribution is effective (including the Internet) premise, to maintain a certain degree of excess capacity, to meet the electricity needs of the unexpected growth. Of course, the ” power ” of go ahead of the rest to ensure power supply fail to solve the power industry chain contradiction leads to the” Soft Shortage” ( i.e. installed sufficient and generating enthusiasm shortages ).
Investment of our country electric power planning and approval by the government control, so the government must accurately grasp the power demand, with “the power to” ensure power supply. China is currently in the city industrialization development stage, international experience shows that a phase of the power demand with rapid growth and rigidity characteristics. In the fast changing demand high growth economy, despite the long GDP and electricity consumption has a relatively fixed ratio ( our country reforming and opening 30 years, annual GDP growth of 10%, the power consumption of the average annual growth rate is 10%, which is basically a than a relationship ), but the power needs of the short-term fluctuations in difficult prediction. Despite nearly 30 years, China has been in close to 10% of GDP growth rate, but the growth of power demand as the 1998 low to 2.8%, 2003 to 15.4% may also be such as.
Based on the electric power demand growth is not stable, it is necessary to establish early warning system of electric power. Current our country a few high power industry power consumption exceeds 60%, the power consumption by a small number of large electricity ‘s influence, the shortage of electricity in the early warning provided good information channels, also for the establishment of early warning system provides possible. In addition, industry structure, investment, large electricity prices and other information, can be in shortage of electricity effectively provide a warning prior to the arrival of. If the early warning system can provide early warning of early 1-2 years, the government can have sufficient time to solve the power shortage problem or reduce as far as possible shortage on economy impact.
Energy rich resources of the northwest provinces need roads, pipelines and transmission facilities support, to enable the resources to the eastern market. However, due to insufficient investment barriers and interconnection network, construction of power grid in China often can not keep up with the pace of growth of power capacity. Insufficient network transportation will cause the power imbalance, in some areas, and some areas of excess deficiency, which is the impact of the current power supply is one of the reasons. Power grid construction to improve power transmission in the range of mobility, thereby optimizing the existing generating capacity.

Buffett said the stock is cheap enough A share investors should response
Shortly before the Warren Buffett in the” fortune” magazine released this year’s” letter to shareholders”, just about the current investors are most concerned about the topic “should buy stocks”, Buffett gives the answer is: the current investment fluctuation of stock in fact than bonds, gold safe. After the media, Buffett fans and opponents are hotly contested, a time of domestic investors to torture themselves, the response master call to buy the stock continued to wait? The stock market is difficult to disperse or sunny clouds shortly? In fact, investment advice of a macro, mainly based on global economic anticipation to make a long-term investment prospects, for domestic investors should be based on the domestic and foreign investment climate,company formation their risk preference, investment products performance and other parameters is made to fit their asset allocation scheme.
Instead of joining” buy or sell” melee, as far away from the impetuous, concentrated on UBS Investment Fund to create the industry’s first one-stop fund investment solutions –” for the base station” released the latest weather: cloudy sunny February stock market, A shares the current valuation with respect to the future economic development expectation for a long time, rise, but as a result of economic transition period will be accompanied by numerous short-term adverse factors, concussion will frequently; bond to cloudy, inflation continues downward, economy bottomed out, with the interest rate for the products on behalf of the low risk assets face the adjustment pressure, but a lower rating credit debt and convertible bond will usher in a better investment opportunities.
Based on the above investment environment,” vote based weather station ” still active, steady, defensive three different types of investors carefully launched February three fund star, respectively, UBS Investment Global Emerging Markets Fund QDII, UBS Investment bond fund into China and stability by UBS Investment Bonds Fund is scheduled to vote, as well as the corresponding product and package. In order to active investor for example, can be disposable or combinations of investment in UBS Investment Global Emerging Markets Fund QDII prospectively layout emerging market rebound opportunities, and in the combined set appropriate allocation of UBS Investment in Shanghai and Shenzhen 300 Index Fund decentralized financial and real estate industry risk, capture to underestimate the value of cyclical stocks offensive opportunities. This month launched the” vote based weather station” by short-term net growth rate, fund managers confidence index fund pool screening has formulated strict standards, thus screened meet market style, performance persistence strong fund varieties, according to the different investor risk tolerance,singapore company formation tailored a set of human the fund investment solutions, and strive to meet the diverse needs of investors in the asset allocation.
End wanted to borrow the Tang Dynasty poet Han Yu’s poem,” star run as crisp, there almost no, the most advantage of the spring of the year, must win smoke Liu Man royal.” In fact, to feel the spring scenery, he must wait until after Sheng Chun, in early spring or late winter comes can look out and see, remember to have a look” at a loss for the base station of the weather”,Furniture industry performance and then to think” the response to Buffett”.

Mexico improve water heater inlet threshold
Mexico Department of energy recently promulgated and informed by” Mexico official draft standard PROY NOM 011 SESH 2011 liquefied petroleum gas or the natural gas heating of residential and commercial water heaters – Safety requirements, test methods, specifications, logo and business information”. Standard for non electric water heater structure and labels to put forward new requirements. In addition to the provisions of the draft standard through the bottom of the water heater or lower into the water supply system, water storage type water heater with fast heating without water tank water heater must contain a dip tube or pipe. The water heater also must be provided with one or more attached to the obvious place and the need to provide the necessary operating information label. In the shell of the obvious place also must paste, fixed or screw the best antirust material permanent identity card or label.
In recent years, Mexico frequently adjust water heater standard, at the beginning of 2011 revised NOM-003-ENER-2010 –” household and commercial water heaters heat efficiency test method, energy efficiency limits and mark”, and was released in 2011 for a household and commercial water heaters mandatory standard NOM-003-ENER-2011, its import barriers continue to improve.
Inspection and quarantine departments to remind exporters, to open up the market in Mexico, not only to seize the opportunity to see the crisis. Suggestions for enterprises in production and sales before a full picture of trade related technical regulations, actively apply for certification, and international certification bodies, laboratories, strengthen transfer of technology and innovation, improve the technological level of products.

China is ready to increase aid to Europe
On the 14 day, the fourteenth China-EU summit held in Beijing. Premier Wen Jiabao, President of the European Council and the European Commission President Fan Longpei Luo Zuo attended the summit.
China-EU economic and trade fields of” dialogue”,” cooperation” as the summit of key words. Premier Wen Jiabao meets with EU leaders in said, China has done” to increase participation in the solution of European debt problems and prepare”.

The China-EU economic and trade cooperation, Wen Jiabao said, China welcomes the European enterprises to expand the Chinese market, pay attention to solve problems, to grant the national treatment to. Wen Jiabao said, he also told the EU leaders put forward, Chinese government encourages domestic enterprises to invest, we hope that the EU will maintain open markets, to create convenient conditions. Both sides should intensify consultations as soon as possible to start investment treaty negotiations. And Luo Zuo said, this year in Europe in the two sides will launch a series of important negotiations, one of the most important is the investment treaty negotiations. EU on China to the EU investment is very open and welcoming.
The heavily indebted countries large-scale implementation of privatization plan active targeting cash-rich China
The analysis points out, in trade and investment way to Europe input funds, China may be one way to rescue europe. In fact, Spring Festival, Chinese enterprises in overseas markets” frequently hit” big acquisitions: Shandong heavy industry 374000000 euros to obtain a global luxury yacht giants Fala Timor Italy group 75% stake; Sany 324000000 euros to buy Germany Putzmeister; Guangxi willow industry spend 335000000 yuan to buy the Poland enterprise HSW construction machinery division; national grid to 387000000 euros to buy the Portugal national energy grid 25% of the shares of the company.
The analysis points out, in recent years a series of trading case observation, found that Chinese enterprises overseas investment, is also taking place the following changes: one is the investment philosophy, from new to buy change. Two is the acquisition of field, begin diversified. From the traditional to give priority to resource the sources of energy, technology, brand and marketing channels spread.
” China now has the world’s largest banks and enterprises.” Barclays Capital ( Barclays Capital ) Asian mergers and acquisitions for Edward King ( Edward King ) said,” China is also keen to create a global transnational corporation, also is the future IBM and Exxon mobil. In order to realize this desire, through mergers and acquisitions than through enterprise nature development much faster.”
While European leaders continued to worry about a problem, China, other Asian countries and sovereign wealth funds will ultimately whether, or in what way to the euro to lend a helping hand. In fact, in 2011 the European financial stability arrangement ( EFSF ) issued 16000000000 euros in bonds, Asian investors to buy the proportion accounted for almost 20%.
It is understood, in order to improve the financial situation, in fact” pigs” Greece, Spain, Portugal, Ireland, Italy as the representative of the European heavily indebted countries large-scale implementation of state-owned asset privatization has be imperative, and have more than one heavily indebted countries actively at the cash-rich chinese. Greece, Spain, Portugal, governments have the same Chinese government approached, hope China M & A, shares its oil and natural gas, electric power, aviation, railway, port, postal services, finance and other strategic enterprises, Italy and other countries are following in their footsteps. The heavily indebted countries many private enterprises will also seek to sell their assets at home and abroad to get rid of the dilemma, which is part of the assets will undoubtedly become the Chinese investors competing goals, including in their home country, the third assets, is also included in the Chinese investment assets, has announced the merger is just beginning.

The Ministry of Finance and the European Investment Bank signed forestry special loan project agreement China Network

China Network February 14th news according to the message of website of Ministry of finance, Treasury Secretary Timothy Li Yong 13 meets the European Investment Bank Vice President Arshad lady in a row, and signed the” people’s Republic of China and the European Investment Bank China forestry special frame loan agreement”.
Reportedly, the signed framework loan agreement loan amount of 250000000 euros, is mainly used to support the new protection forest, commercial forest, economy forest, as well as the forest tending and improvement of low-quality and benefit forest, forest ecosystem restoration and sustainable development and biomass energy forest base construction and other aspects.
The European Investment Bank China forestry special framework loan project aims to further strengthen cooperation in the field of climate change, especially the increase of forestry carbon sequestration in terms of cooperation, for the mitigation of global climate change to play a positive role.
The European investment bank was founded in 1958, headquartered in Luxemburg, is a non-profit regional multilateral financial institutions, its members for the 27 EU countries.

Private investment in the “new 36 ” executive detailed rules is first introduced
Came 10 days on February 6th, Chinese Premier Wen Jiabao in Zhongnanhai hosted the five forum, listen to the community on the” government work report ( Draft)” opinion and proposal. Wen Jiabao said, the government must reflect the people’s vital interests and requirements, report to seek the views of the process, must become a democracy, listen to the views of the masses in the process. The report also is not a purpose, according to people’s expectations and requirements of the direction to do, the satisfaction of the people, is the fundamental purpose of.
The people said, come one year, in the face of complex and volatile international situation and the arduous task of reform and development, the Party Central Committee, the State Council led the people of all ethnic groups, be of one heart and one mind, forge ahead, to consolidate and expand the results of coping with the international financial crisis, reforming and opening and modernization gained new great success,” 925″ off to a good start. We speak one’s mind freely, will” report” draft revised and further improving the work of the government to put forward opinions and suggestions. Wen Jiabao serious records, one one responded, or presentation, or answer questions, informal discussion interactive communication, atmosphere.
In the democratic parties, the National Federation of industry and commerce person in charge and personages without party affiliation in the forum, Zhou Tienong, Jiang Shusheng, Chen Changzhi, Yan Junqi, sang Guowei, Wan Gang, Han Qide, Lin Wenyi, Huang Mengfu and Yuan Si tax system, administration system, income allocation system and the reform of monopoly industries, the equalization of basic public services, the protection of housing projects, the protection of intellectual property, small and micro enterprise development and major economic and social problem, made the deep thinking, fully prepared, targeted to speak.
Zhou Tienong says, current forestall industry reform apparent lag, resulting in unfair competition, accelerate transformation of the mode of economic development is one of key problems to be solved. He suggested that the” report” release increased the content of deepening the reform of monopoly industries, improve the leading cadres at all levels of awareness, in response to the people’s voice. Huang Mengfu said, should be a clear time limit, clutch publish implement to encourage and guide private investment and healthy development of the” new 36″ supporting policies. On the monopoly industry and related fields such as public service, should reasonable provisions civilian capital admittance threshold.
Wen Jiabao said, the reform of monopoly industries is the main task that economic system reforms. Suit with this photograph, is to promote the folk capital in finance, energy, transportation and the social sector, which can not only alleviate the economic development difficult, but also can promote the development of the cause of. ” New 36″ did not fulfil, civilian capital to enter have glass doors, door spring. The first half of this year to carry out detailed rules worked out.
Experts, scholars in the start of the symposium, Wen Jiabao said, for ease of discussion, I think to talk about several things, and we make some. The first, want to use reform to solve problems. Whether it is economic structural problems, or to allocate unjust issue, anti-corruption, must rely on reform, rely on the system construction in order to fundamentally solve the. Second, to take the people’s livelihood problem better. Price, price, income distribution are the masses are most concerned about the. We report to the masses, will strive to solve these problems. Third, how to deal with this year’s economic difficulties. There are two ways: one is very important to support the real economy, especially to support small enterprises development. The two is to put vivid folk capital, support the development of private enterprises. This road is very wide, potential is tremendous. If this is not very big boldness, can not well solve the current problem. On the informal discussion, Hong Yinxing, Chen Dongqi, Jia Kang, Li Qiang, Cai Fang, Xie Jiajin, Tan 7 scholars focus on maintaining growth, prices stable housing financing mechanism, resources tax reform, strengthen “3 farming”, the folk capital access, private financial supervision etc offerred a proposal.
In all about social construction and management, Wen Jiabao said, in recent years the government work report, social development is more and more proportion. Basically is four respects, one is to promote education and health development and reform, the two is to establish and perfect the social security system, three is to do well the social management, the four is to advance informatization. Information technology has greatly changed the Chinese society, accelerate the social development of china. This is a good thing, social progress, but also gives the government the job raised taller requirement. Social management should play basic level autonomy and initiative, the city community and villager autonomy and other forms, implement the policy and the problem solving in the grass.
In the discussion to build agriculture long-term development mechanism, Wen Jiabao said, I think there are two very important: the first is in urbanization and industrialization, must not forget to agricultural modernization. This is not only the formulation of the problem, and more work layout problem. Agricultural modernization is placed in significant position, you need to develop a generation of culture, skills of new farmers. Second is the establishment of a social security system suitable for national conditions. A perfect social security, can let a farmer at the rural life.

Enhance the investors’ investment consciousness
” To protect the investors’ lawful interests, not safeguard the profits of investors, essential is to improve the rational investors to invest in the consciousness, establish a good investment philosophy.” Wu Lijun said,” now the market problems, it is undeniable that the reasons for the system level, but market environment, market culture is also an important factor.”
He points out, some medium and small investors blindly preference shares hit, with new, like wind, listening to the news, speculation themes, scientific concept, hope” quick money”,” big money”, and on two class market many potential good blue-chip emphasis. From two levels of market, the 50 and the 180 average dynamic market profit rate at present is only 10 times, this means, now buy a basket of stocks, the yield will be very considerable.
” Keep a good attitude and habit of investment, speculation, is that we can get a reasonable return. Unhealthy mentality is not only caused by the loss, also led to the ‘ game ‘ situation, some intermediaries not only remind investors, instead of adding fuel to the flames, supervision department takes this seriously very much.” He said. (the A2 version )
( A1 take up version ) Wu Lijun said, hope intermediary clear responsibility, long-term investment, not to move or retreat to advocate rational investment concept, prompting investors to return to normality, to buy stocks is not to buy lottery tickets, to study the company fundamentals, painstaking search and investment real chips; as long as we don’t blindly pursue new, small, fried fry is poor, the market structure will improve, the investment value will increase, the parties in order to” win-win”.
Guide more institutional investors into the city
Wu Lijun also pointed out that, for investors the best service to investor maximum protection. Investors with multi-level, diversified demand characteristics, the requirements of securities investor protection work can not be generally, lump together, must be carried out under different circumstances” proper education”, classification management, respectively, to provide targeted services.
He discloses, regulators will further in investors appropriate management make the relevant provisions, the securities company shall in principle requirement, according to their own customer’s actual situation, creatively carry out classification management, classification of service work, and effectively improve the investor protection work effectiveness and pertinence.
Wu Lijun asked the securities company innovative services and products, for different investors to provide differentiated services, to meet the different needs of.
He emphasizes, should guide actively, help more types of institutional investors to enter the capital market, long-term investment and the value of the investment. In addition to continue to guide, support and services for social security fund, enterprise annuity and insurance institutions of securities investment, but also strengthen the commercial banks and other financial institutions, in the portfolio increased relative safety, high return of the financial products, guide the bank financial products more oriented to the two class market for long-term investment and the value of the investment. Through business innovation, more savings bank to enter the capital market to provide a better service.
China Securities Industry Association responsible person at the meeting said, the association is developing securities company proper customer service guidelines and investor risk grade classification standard, the next step will speed up the process for as soon as possible. CITIC Securities and other securities companies responsible person at the meeting said, the next step will increase investor protection, improve service levels, exploration and innovation of business and products. Some investors at the meeting suggested that the Commission will continue to advance the new distribution system reform, strengthen supervision, strengthen the information disclosure.

Pension investment stock market three hot problems solutions
In the aging population and the inflation situation under attack from both sides, the investment of pension fund in China has become a very urgent problem of operation. Since the end of last year, the SFC, security department and other ministries that pension, promote diversified investment into the city to already formed consensus. Can say, the pension investment in the stock market is already represent the general trend, but the current provincial level plan of endowment insurance fund management, who can be the entry capital proportion is a number, the city can ensure pension increment of three major problems remain to be solved.
Who will manage the fund?
The city has is to represent the general trend of pension. However, dispersed in the provinces of nearly $2 by who capital management? This problem has become the current drive into the city ‘s primary problem of pension. The Commission Chairman Guo Shuqing said, there are 2 trillion yuan pension balance dispersed in the provinces, if these funds are organized, the establishment of a specialized investment institutions or entrust an agency, investment in capital markets, for all citizens of great benefit.
At present, the society pays close attention to pension into city management how to set up mainly have three kinds: the first kind of plan program by the National Council for social security fund management. The National Social Security Fund Council professional advantage and talent advantage, the management and operation of the national social security fund, have relatively rich investment experience.
The second kind of plan is made up of human resources and social security department set up a special pension fund management institutions, or may be called the social security department of the cause of social insurance management center, specifically responsible for the basic endowment insurance and investment operation. The people’s Insurance Department is currently the national social security fund departments, in the discourse right on the edge of.
The third scheme is set up by local operation of pension institutions to manage local pension. As a result of local government control of pension account fund, therefore ” waterside pavilion” advantage, but the presence of higher operating costs, susceptible to local administrative power intervention.
In addition, School of Public Policy & Management Tsinghua University professor Yang Yan Sui scheme: China pension market in four six, the National Council for social security fund management 40% pension funds, a combination of high risk investment and public project effect, make sure the pension fund ‘s net income rate can outperform the inflation and cost of management. The other 60% pension funds entrusted to commercial legal person agency management, with its competitive performance for eligibility and benefits. Two types of institutions responsible, competitive relationship, by pension investors and beneficiary assessment.
At present, due to the National Social Security Fund Council has abundant capital operation experience, the management of the national social security fund 10 years the average annual income of around 9%, excellent performance, received much recognition, the pension by the National Council for social security fund management higher voice.
The proportion of the market a number rightly?
In addition to management who, how many pension can enter the stock market, namely the market scale problem, also become the focus of attention of the market. According to current regulations, the pension fund still can only deposit banks buy bonds. People’s insurance department thinks, a first of the plurality of pension investment to ensure the safety of fund, under this premise, consider the possibility of achieving the fund to get better returns.
From the point of abroad, pension funds are usually configured with 30% ~ 60% of the stock assets, the main reason is the pension fund is a long-term funds, have the ability to take part of the risk, can be configured to a certain proportion of the shares or equity assets to achieve good long-term returns.
Huatai Securities Joint Institute points out, according to the OECD ( OECD ) statistics, 2010 64 countries worldwide ( 34 OECD countries and 31 non OECD country) pension fund for the total size of $20. According to the relative size of the pension fund, main 2010 country, such as the United States and Britain and other pension funds accounted for the proportion of GDP were more than 50%. From the asset allocation, the United States, Finland, Australia and other countries demonstrated significantly on the stock configuration preference.
The National Social Security Fund Council Chairman Dai Xianglong believes, the pension can be part of investment in the stock, the proportion of investment should be less than the national social security fund, was higher than that of the commercial pension fund. The provisions of the national social security fund investment in the stock market the highest percentage of 40%, generally accounted for about 30%. While the foreign pension are allowed to invest in stocks, investment ratio is about 20% ~ 50%.
Currently has invested in the stock market of partial pension, national social security fund ratio up to 40%, the enterprise annuity investment shares and other equity products up to 30%, investment income order: social security fund is higher than that of the basic endowment insurance. Accordingly, the provinces of pension fund investment proportion is likely to be about 30% in the control.
In the city, whether implementation maintains value rise in value?
Although from pension accumulation and the aging of the population perspective, China pension diversified investment has very urgent. But from the current development of China’s capital market situation, many community on pension in doubt, the biggest worry is the current capital market can bear the important task of pension increment.
On 2011, Chinese stock market is impressive. Throughout the year, the Shanghai Composite Index plummeted 21.68%, Shen Chengzhi fell 28.41%, Shanghai and Shenzhen A, B the total value of $5.4. So how to guarantee the market downturn, pension investment losses?
To this, experts said, increase the value of pensions is the ultimate goal, their investment in the subject is not only the stock market, in addition to the stock market, pension can also invest in energy and has stable profit opportunity project, obtain the insurance proceeds, the city is only a part of risk investment of pension. At the same time, the stock market investment should pay more attention to the long-term investment, should see its 5 ~ 10 years of income, instead of 1 ~ 2 years of earnings.
“The stock market volatility, stock investment has risks, but the stock is the most liquid financial investment products. As long as we persist in the value of investments, long-term investment, responsible investment policy, stock investment can also promote the fund maintains value rise in value.” Dai Xianglong in a meeting is emphasized.
The National Social Security Fund Council planning research department deputy director Xiong Jun pointed out that the analysis of pension fund investment, the largest category of assets, stock short-term volatility risk, but long-term higher income; fixed income assets short-term volatility risk is small, but long-term income level low. From raise long-term earnings level goal, pension funds need to configure a portion of shares or equity.
In fact, over the past ten years, countries from improving the quality of listed companies, the development of institutional investors, strengthen the market restraint mechanism, improving market transparency and other aspects to improve the capital market, pension fund investment operation to provide the necessary basic conditions. At the same time, pension market may also promote China’s capital market maturity. As the China Securities Regulatory Commission Research Center Director Qi Bin said,” to promote social security and pension system and capital market development and benign interaction”.

” What we sell is not concrete, but sunshine, beach life”, Hainan developers depict the poetic blueprint has attracted investors across the country, but to meet their” international tourism island life” seems not so beautiful, they not only have to face the market Qi price or volume, valence does not have city and as expected a high rate of return on investment, is also a need for the real estate certificate has not achieved the risks associated with” be always on tenterhooks”.
Have not get the house property certificate
” 2010 July launch, not so far to invoices houses only to the receipt, have not seen and payment of stamp duty ticket, commitment to Banfangchanzheng has not down, even if the contract is net label record is unknown.” Ye Jian told the Beijing morning news reporters, developers have pledged in January of this year will be the property of the card to the owners, then pushed to October date. Have not get the house property certificate that includes Ye Jian, more than 800 owners of the heart is always hanging, also let the house temporarily lost trade qualification. Yesterday, the developers of Hainan integrated Department of industrial limited liability company Fuhai garden project leader Chen Hai to the morning news reporters, as the real estate project is in cooperation with the unit construction, land is not completely transfer to the company, the house property certificate will take some time to run down,” after the Lantern Festival the land certificate changes to the company name, October will to owners of property exchange.”
Although the developers take an oath devoutly, but not enough to eliminate Ye Jian and other investment passenger concerns, they begin to worry about their own investment “to play ducks and drakes”. ” Now most concerned about is the developer and we signed a contract not net label record contract, once the developer bankruptcy, we might lose.”
Rate of return on investment is shrinking
As the occupation fry lodger, Ye Jian witnessed the Sanya property market change radically, also witnessed the” international tourist island” of halo backside shadow. ” We are more miserable than investors have a foreigner, careful not to purchase a small property room, a final ruling house of small property right structures were torn down, these investors eventually lose.” Ye Jian to the morning news reporters.
At the same time, Ye Jian and many investors also face the investment return rate of shrinking. Ye Jian at the beginning of 2010 to buy small Huxing in ten days — 60%, however after two years house prices will fall substantially exceeds 30%, moreover, the secondary housing market slump also let the house became the city has no price.
In addition, the high vacancy rate of low rental housing the overall benefits of investors, Mr. Wang spent nearly 1300000 yuan in Sanya bought a 70 square meters of Residence for rent rent, but the situation is not optimistic, remove the season higher rents, off-season low rent and most vacant time the Wang’s annual rental income does not exceed 25000 yuan, this also means that the annual rental rate of return does not exceed 2%.

A shares are in the value of investment in spring
A stock market continued to fall, the Shanghai Composite Index 10 or zero, most investors especially after 2007, fund investors most losses, nearly 5 years of long-term investment did not achieve the desired return on investment, investor confidence was a great blow.
The market continued to decline is mainly composed of three aspects: the first is caused by investors in China’s economic development prospects and development patterns of worrying increases ceaselessly, the old economic development model has been difficult to continue, the demographic dividend period is over, the environment carrying capacity to the limit, accumulated social contradictions, monopoly, polarization between the rich and the poor and the problem such as corruption more and more serious, economic transition and reform walking is hard, the market of the future long-term sustainable development feel confused and puzzled. Secondly, the stock market system construction progress is slow, it was gradually reduced to a financing market and speculation in the market, the investment function and optimize the allocation of resources function is not well reflected, the equity culture is not formed, participating consciousness, no retreat mechanism, fraud and other illegal behaviors of listed lack of due punishment, penalty cost very low also fueled speculation of the wind, damages the interests of investors behavior occurs. Especially after the reform, the market has gradually become the size of a and PE capital leverage places, two secondary market investors are at a disadvantage, as a whole to be exploited object. In third, a serious imbalance between supply and demand, in recent years our country stock market financing scale is huge, 2010 to 2011 1 trillion yuan, there are nearly 800000000000 yuan, the size of the lifting of the ban has been basic, in the index for ten years without a rise in cases, A stock market through continuous expansion, total market prise already ranked second in the world. Due to the lack of money effect, two without a corresponding increase in the secondary market investor groups, the majority is in deficit condition, fund investors in a locked state, and the state of unbalance of supply and demand, the short term do not see signs of reversal.

However, for these problems, we need not worry too much and nervous, a lot of things are long-term factors, and some problem, regulators are beginning to address.
Despite the short-term memory in many unfavorable factors, but the prospects for China’s economic development is still full of confidence. After thirty years of reform and opening up, we have accumulated a certain foundation, the original mode of economic development can last for a long period of time, have more wiggle room, there is no need to be overly pessimistic.
From the perspective of development of the stock market, the imbalance between supply and demand situation will be improved. As the level of valuation more reasonable, bubble gradually eliminate the inevitable decline, the stock supply, demand starts to rise, supply and demand will gradually achieve a balance. From the foreign mature markets, our tax law lack of investment in the pension deferred tax concessions, once this kind of system change can be realized, it will bring a large number of investment funds.
For the A market, the most important question is the importance to investors and protection of minority shareholders is not enough, the lack of due respect, lack of investment function, leading to widespread speculation. Now A stock market scale is the second in the world, if the past 20 years is heavy financing function words, in the future should be attach importance to the interests of investors of the period, 20 years ago and is developing period, future should enter the standard period, through the improvement of the system, accelerate reform, intensify the fight against insider trading behavior, strengthen consciousness, raising the illegal dividends the cost of such measures, the market will continue to enhance the investment function, in this context, investors should be able to obtain a better return on investment.
In addition, two years in a row after the fall, part of the stock has investment value, even from the mature market standard valuation levels are also attractive, value investors, spring is coming.