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    Securities Times 11 Summary Of Major Financial News

    2011/1/11 10:59:00 74

    Securities Times Financial News


      

    Ministry of land

    :

    Illegal land grant

    The problem of land supply is still outstanding.


    In 2010, the state land inspectorate supervised and inspecting the land use and management of 77 cities at the prefecture level and above. The first time the whole process grasped the problems in the local land use and management, and totally examined 130 thousand land records, involving 7 million 857 thousand and 900 acres of land.

    There are 11 cities in 2009, the proportion of affordable housing for the implementation of the plan is less than 35%; there are 74 cities in 2242 projects, there are land idle problems, involving 149 thousand acres; 77 cities in 10899 projects there is a problem of illegal occupation, covering an area of 340 thousand and 700 Mu.

    Among them, the problem of illegal reporting of land is not serious, such as not being reported, used at the same time, and accounted for by less or more. In particular, some national and provincial key construction projects or local government led projects are more serious.


      

    China last year

    Import and export

    Nearly $3 trillion in innovation


    Data released by the General Administration of Customs yesterday showed that in 2010, China's foreign trade import and export amounted to US $2 trillion and 972 billion 760 million, an increase of 34.7% over the same period last year, with a trade surplus of US $183 billion 100 million and a decrease of 6.4%.


    According to customs statistics, in 2010, China's foreign trade exports amounted to 1 trillion and 577 billion 930 million US dollars, an increase of 31.3%, and imports of US $1 trillion and 394 billion 830 million, an increase of 38.7%.

    At the same time, the ratio of China's trade surplus to the total value of imports and exports dropped from 11.6% in 2008 to 8.9% in 2009, and in 2010 it was further reduced to 6.2%.


      

    European debt worries escalate. Germany and France require Portugal to seek assistance.


    After the news that Germany and France requested Portugal to seek help, the whole eurozone was again enveloped in the shadow of the debt crisis.

    Although the German and Portuguese Governments have repeatedly denied it, the market's risk aversion has been increasing.

    This week, Germany, Holland, Italy, Spain and Portugal will sell more than 20 billion euro bonds, and the euro zone bond market will face a major test.


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