Friday, November 6, 2015

Expeditionary Force returning remains blocked the local Chinese organizations

Expeditionary Force returning remains blocked, the local Chinese organizations and domestic charities

China Expeditionary Force of dead human remains repatriation activities planned, and after nearly two days of coordination and negotiation, still to no avail. Surging journalists rights

Scheduled for November 5 in tengchong, Yunnan province greeted 347 Chinese Expeditionary Force (in 1942 and went to fighting the Japanese in Burma) remains the returning ceremony were canceled. Event organizers 6th response of Shenzhen Charity Fund, local Chinese organizations for Myanmar "Myitkyina in Myanmar, Yunnan natives" (descendants of members for the expeditionary force, hereinafter Association) ran aground of refusal remains home to activities currently being negotiated on both sides, returned or will be delayed, but the remains of the martyrs must be "home".

The activities of the Association are not returned the remains of one of the parties, but remains unable to home in on those members of the overseas Chinese, and temporarily stored in a Chinese Cemetery Association all members.

On November 6, according to a statement issued by the Association through Myitkyina in Myanmar all Chinese counsel, insisted that expedition the remains should be buried in Myitkyina and the remains of their displaced to the Dragon, the Charity Foundation issued a total of 6 queries.

The Declaration issued by the afternoon, Dragon, the charitable foundation has held a news conference, Chairman Sun Chunlong remains blocked for returning the notification instructions.

Expeditionary Force returning remains blocked, the local Chinese organizations and domestic charities

It is regrettable that, does not back the car mount Valhalla remains. Cheng Yi-hui surging journalists

Long charitable foundation, first of all, the statement declared that "the mining expedition remains to their displaced in Kunming, Yunnan, the cemetery has 30 acres of land required to implement" challenge: hear move and was buried in Hunan, Yunnan shidian process selected. "East or West, South or North, I do not know where tomorrow will be moved? Words, and is not, what is the letter with? "

Sun Chunlong responded, in the cemetery of choice, the Association heard is to place the remains in Hunan, this is not the way, remains eventually will be buried in Yunnan. "We want to put the remains in Yunnan, Yunnan experts lead agreed place in Yunnan, shidian find Foundation on the matter, the Foundation combines the views of its members, will address again to move to Yunnan shidian. "

The statement said Dragon charitable foundation, contempt of Myitkyina, overseas Chinese: since the beginning of excavations of the remains, Myitkyina Chinese effort to cooperate after the remains moved to the Chinese Cemetery Association, doubly careful care. Foundation held a press conference in Beijing, who invited people from different sectors, Myitkyina, Yunnan natives not be told.

To respond to this Sun Chunlong, Vice President of the Foundation on October 31 after reaching Myitkyina, as soon as negotiations with natives who, when negotiations fail. However Sun Chunlong thought natives were just against this matter, does not expect that associations will store remains locked and used vehicles blocked the door.

Sun Chunlong said that when the activity is blocked, he found the local overseas Chinese for communication, but communication failures. That night, the Sun Chunlong delegate, President of the Association Secretary, the President refused to meet with. "I found the local Ministry of Civil Affairs, embassies and local overseas Chinese organizations to help with work, but have failed. The next day, I also find prestigious monks do the final work on the ground, still fails. "

Expeditionary Force returning remains blocked, the local Chinese organizations and domestic charities

On November 3, the expeditionary force sacrificed soldiers ' families after arriving in Myanmar, rebirth ceremony was held on the ground. Surging journalists rights

Statement in the 3rd questioned said, Expeditionary Force remains their displaced activities was in the, and Myanmar Central Government batch Huai for not real of remarks: Dragon more Charity Foundation claimed remains their displaced of thing has was Myanmar Central Government approved, this, aboveboard of thing, please the Foundation show Myanmar Central Government batch Huai file, and please known Myanmar paper who translation into Chinese straight; another has the Foundation provides to the will of Government batch Huai file, only for activities description a copies, by column content for Foundation recently activities process, Inscription for the Foundation and a number of participating communities, chapter two of these societies is not checked.

Press Conference, Sun Chunlong seem aggrieved. To this, long the Foundation to this incident for the 4-year-long, make an application to the Government of Myanmar during this "fair" to Myitkyina, without government permission, cannot go into. Sun Chunlong showed presence of reporters the Myanmar Government approvals, says if you need a specific file to reporters the next day mail. As of press time, the surging news does not receive mail.

The statement also questioned the Dragon, the charitable foundation of Chinese expeditionary force remains their displaced the hype: Chinese Expeditionary Force soldiers are national heroes killed in Myitkyina. In April 2014, Sun Chunlong leads dozens of people across China since flying to Kunming, and fly, and then fly to Myitkyina, only condolences two expeditionary forces veteran of 500 yuan per person per month the cost of living, each of six months, a total of about 6000. But its costs over hundreds of thousands of Yuan, amounts to many good people in this and that.

Sun Chunlong response these condolences to Yunnan charity-sponsored events, long only with the allocation of a Director, and the Director fees are borne by the Yunnan charitable, Dragon does not bear any associated costs.

In this regard, the Yunnan charitable surging news-general Li Yong confirmed that from July 2014, the Yunnan Provincial Charity Federation on the condolence activities started caring for war veterans, to every war veteran 500 Yuan a month in living expenses. In January 2015, Yunnan charity with Dragon, the Charitable Foundation launched a 6-day sympathy to veterans of the war activities, came to Myitkyina in Myanmar to see a host of local veterans. At that time, the charity Association in three people, including his, Dragon, the charitable foundation, only one person, other reporters went on. And the activities funded by the Yunnan charitable commitments, including payment of consolation money to veterans, has spent tens of thousands of Yuan.

Statement shelling Dragon more Charity Foundation "completely regardless of Chinese overseas situation and feel": the large remains their displaced of thing sensitive and complex, Foundation not was effective formal of batch Huai file, also not and Myitkyina Chinese community contact communication, completely regardless of in Myanmar Chinese of subtle survival State, also ignored now are in Myanmar election of sensitive moments, organization huge team, mighty marched Myitkyina meet remains.

Sun Chunlong said long philanthropic foundations and associations are private, but not on the remains looking for civil society and Government. From beginning to end, as one way to Burma's civil institutions, the Dragon will have on the local strength of the overseas institutions express respect for: included at the time of the event invitation, and the remains returned to start, cross went to visit. Rainbow attack in Zhanjiang 1 8 million power

The statement pointed out that in the 6th question, Myitkyina Chinese expeditionary force remains how to place one thing, since the beginning of September the number of meetings to discuss. In mid-September, meeting this resolution remains to be buried in Myitkyina in the Chinese cemetery, and promptly inform Dragon's Charitable Foundation, which has not been ignored, his own way.

Sun Chunlong response, the Association is just one of Myitkyina, dozens of overseas Chinese bodies and long relationship between charitable foundations and associations "just took it a room for placing human remains" in September, Dragon is no association on the buried remains of the notification has been received, reportedly part Association wants the remains to stay in Myanmar, while the Foundation is taking part. "I was listening to it you feel incredible, it ran counter to Long Yue values. We did not find them, they are not actively looking for us. "

Expeditionary Force returning remains blocked, the local Chinese organizations and domestic charities

On November 4, the expeditionary force sacrificed soldiers unearthed in the remains to the families at the bow. Surging journalists rights

Sun Chunlong said the next Foundation will continue negotiations with the Association, except for heroes outside the home that is not a compromise, other issues can be negotiated such as compensation or cooperation. "Hope to every martyr in the future to establish a monument for heroes to rest in peace. "

On in launches held day, China standing Myanmar Embassy spokesman said, China Government on Heroes remains placed problem are with Myanmar concerned for deliberations, strive to early made properly arrangements; not in favour of anyone, and any organization on Heroes remains unilateral made arrangements; on by occurred of not happy event was regrets, hope concerned in government sector of guide Xia strengthening communication, and coordination, together, common put this pieces event do real, and do good.

Wednesday, November 4, 2015

Fed two giant voice a December interest rate hike is possible options

 

Fed two giant voice: a December interest rate hike is possible options

Federal Reserve President Yellen (Janet l. Yellen). Visual information in China

United States Federal Reserve strengthened in December of this year is expected to raise rates again.

Federal Reserve President Yellen on November 4 to the United States House of representatives financial services Committee, said that the United States banking industry is healthier than in the past, but still faces great risk control challenges. She said that if the economic data support, in December, a meeting would be to take a decision on interest rates.

The Federal Reserve, New York Fed President William Dudley, the third most (Dudley) 4th also said rate hikes are possible options at the December meeting. Dudley said he fully agreed with Yellen's position, that is, if economic data showed the labor market and inflation to further improve, then meeting in December should raise interest rates.

As planned, the Fed's second number, Federal Reserve Vice Chairman Fisher (Stanley Fischer) will also be addressed.

Federal Reserve testified on the day theme is "Federal Reserve oversight and regulation of the financial system." In question, Yellen said Fed rate meeting at 15-16 in December to raise interest rates, but stressed that the decision has been made yet. early 30 year cycle of ed rate hike have been

The Fed is expected to "economic growth will be enough in the medium term, further improvement in the labour market and return to 2% of the inflation target, if information in line with the expected economic growth in the future, then December rise likely this year," Yellen said also stressed, "but the important thing is, we haven't decided. "

Yellen said, "If data and expected to comply with such direction, raising interest rates would have to be careful, to be increased in a gradual and prudent manner. We have reason to believe that the economic development with such speed, so we could raise interest rates at a very slow speed. Of course, if by doing so, we will very carefully look at whether expectations have been met. "

Yellen stressed that the Fed's decision will depend on the next round of economic data, the first is the October employment report on Friday.

"At this point, I see the United States economy is performing well," she notes that strong domestic consumption, it also decreases the volatility of global financial markets, as well as raising the federal debt ceiling to avoid a financial crisis in the near future despite threats to raise interest rates by 2. "Good news," she said, "in December this year will raise interest rates there is a high possibility."

Although the specific target markets confused time, Yellen also stressed that future interest rate path will have a range of a few years.

The Fed has said, even if, pace of interest rate hikes will also stage slower economic growth than before, because the pace of economic growth, when compared to historical standards, abnormal fatigue.

"I know the point of raising interest rates for the first time to the public is very concerned, but of more concern is the path of interest rate hikes. "Yellen said.

Be fed two giant speech affected dollar Treasury yields both rose. The dollar index rose 0.9%, to a two-month high. Gold gave up early gains, closing down for a sixth day, to $ 1107.5 an ounce, a one-month low.

Tuesday, November 3, 2015

Thirteen Five how to set the GDP growth the NDRC said speed is not the only

Photo: Oriental IC

On November 3, the CPC Central Committee for formulating national economic and social development of the 13th five-year plan recommends that the full text of the official announcement. Which refers to the expansion of two-way opening the financial industry, stock and bond trading system reforms, introduce progressive retirement age policy initiatives, but gave no economic growth for the next five years. People s daily overseas edition TPP not calm far

Director of the national development and Reform Commission, Mr Xu attended this afternoon preparation of the 45-year plan press conference, said that in the context of global economic downturn now, growth in China's economy to keep 6.9% in the third quarter, has been a reasonable interval, but long-term fundamentals have not changed for the better in China are indeed coming under downward pressure.

During the meeting, Xu shaoshi under review "Twelve-Five" situation, he said, in "Twelve-Five" for the first four years, China's economic and social development on a larger level, China's average annual economic growth 8%, GDP had reached 63.6 trillion Yuan last year, broke through the US $ 10 trillion for the first time. Meanwhile, China is also the world's second-largest economy. The first three quarters of this year, in the context of global economic downturn, the Chinese economy still maintained a growth 6.9%, contribution to world economic growth rate was more than 30%.

"We have started to do a preliminary assessment, the" Twelve-Five "plan main development goals can be achieved, the" Twelve-Five "plan's main tasks can also be completed on this" Thirteen-Five "has laid a good foundation for economic and social development. "Mr Xu said.

China's economic growth not only of domestic concerns, global attention. In terms of total volume of GDP, China's economy accounted for 13% of the world, United States about 22%, add up to more than 30%. But seen from the annual economic increases, global economic increment of China 30%, United States is 22%.

For these data, the different views have, pessimism by forecasting the Chinese economy might be a "hard landing", a more optimistic view is that China's potential growth rate can reach 8%. But Mr Xu is considered, in the context of global economic downturn now, growth in China's economy to keep 6.9% in the third quarter, has been a reasonable interval. But long-term fundamentals have not changed for the better in China are indeed coming under downward pressure.

On November 3, Xinhua released XI on the CPC Central Committee for formulating national economic and social development of the 13th five-year plan for the drafting of relevant notes.

That, on maintaining rapid economic growth. Proposal put forward in the next 5 years to maintain economic growth goals. Main consideration was ensuring that, by 2020, gross domestic product and the goal of doubling the per capita incomes of urban and rural residents than in 2010, you must maintain the necessary growth. From the perspective of doubling gross domestic product between 2016 and 2020, annual economic growth is 6.5% more than the bottom line.

Also referred to above, from the perspective of doubling per capita income of urban and rural residents in 2010, urban residents ' per capita disposable income and per capita net income of rural residents 19109 and 5919 Yuan, respectively. To double by 2020, according to the growth in household income and the requirements of economic growth, the "Thirteen-Five" period average annual economic growth to at least 6.5%. Maintain rapid economic growth, to improving the people's livelihood, make people more effectively to complete the building of a well-off society.

Average annual growth rate of 6.5%, in today's press conference, a reporter asked Mr Xu's view. Xu shaoshi said, "so we decided on the ' Thirteen-Five ' to maintain high-speed growth during. Speed is not our only concern, of course, we are more concerned with employment, incomes, and prices these indicators. "

Mr Xu added that China "Thirteen-Five" is a condition of maintaining high-speed economic growth for the period. He said that from a global perspective, under the theme of peaceful development, China still can be achieved in the period of strategic opportunity; in addition, the next round of economic recovery and growth depends on technological innovation and the industrial revolution, this coincides with China's innovation drive intersection form, as long as this window of opportunity, China will have greater strategic space.

Sunday, November 1, 2015

Short hair men suspected of killing children are still at large in the Park

Short hair men suspected of killing children are still at large in the Park, Guangdong Police are offering a reward of 100,000 head

Riverhead police released simulated portrait of suspects. Talmadge Qingdao official 38 prawns stall for allegedly

Short hair men suspected of killing children are still at large in the Park, Guangdong Police are offering a reward of 100,000 head

Riverhead police released simulated full-length picture of suspects. Talmadge

October 24 in Yuancheng district of Heyuan city, Guangdong Hakka cultural Park in the north end that happened to 3 children with 2 killed, 1 injured in murder, as of November 1 is still not detected. In this regard, the Riverhead police 1st circular announced a reward of 100,000 yuan to arrest the murderer and suspects released simulated portrait.

According to the bulletin, 24th at 16 o'clock, Yuancheng Public Security Bureau after people reported in the urban areas of Hakka Culture Park North Slope finds an injured child. In response to the report, local police immediately rushed to the scene, to send the injured to hospital, sustaining injuries currently stable and not life-threatening. Police in crime scene investigation later found bodies of 2 children, site investigation, beginning as a homicide.

After investigation, police tentatively identified the suspect as a man, 30 years old, stands at 170CM, having a thinner, hair short, upturned nose, color black. The time of the crime, the suspect, wearing a black and white horizontal striped short-sleeve t-shirt, worn under black cropped trousers, handbag, a shopping bag with a red, yellow, carrying the tool.

Police want the public to report suspicious clues provide valuable clues, the public security organs will reward its currency RMB 20000; provide important clues to suspects arrested or captured suspects directly, the public security organs will be awarded 100000 Yuan RMB. Public security organs to provide clues to identity be kept confidential.

Saturday, October 31, 2015

Four years does not make money online Amazon off buy the business

Four years does not make money online Amazon off buy the business

Photo: CFP

On October 31, Amazon's official website announced that beginning December 18, Amazon will stop Local buying business. The business was launched four years ago, and 2011 is United States and Chinese coupon sites emerge in time.

Amazon said in a statement, "we learned a lot from buying business, will seek to apply these lessons in the future. "

In addition to Amazon's proprietary buy business in 2014, Amazon has just invested in United States popular coupon sites Living Social, involving a total investment of more than $ 200 million. Everyone is talking about virtual reality VR technology

As with many domestic group purchase websites, Living Social scale have reached a level close to the IPO. But because the United States capital markets to buy model does not recognize, there are examples of Groupon, has not finalized the IPO.

In terms of business models, Living Social was a shadow of its competitor Groupon. But this year it cut 20%, valuation is $ 1 billion when the acquisition by Amazon, fell sharply to us $ 242 million.

This also reflects to a certain extent in Amazon's own group-buying business, to attract businesses to the platform and online marketing to attract consumers, and commissions into the businesses. This kind of short-term trading, single source of income and do not last, so investors generally don't look good.

Amazon has tried, and small business operators to co-operate, the team does not have its own distribution business, provide logistics help Amazon.

If consumers sign up for Amazon Prime service, can be an hour by Prime Now service room door. And currently the hungry and beautiful round takeout, Baidu take-out operation mode is similar.

But the difference is, the logistics costs of both countries there is a huge difference.

Observers piailuo·sijialufei the interface of Silicon Valley News explained, he believed that United States average logistics costs are very high, is make it difficult for this Internet selling United States push ahead with reason.

United States human resources employment costs at $ 25/hour, in addition to high transport costs, and commissions is not enough to cover the cost of distribution, it is difficult to carry on. Perhaps for this reason, Amazon buys and delivery business has been difficult.

In China, buying pattern has gradually begun to local life platform. Modes of service platform is below the line, Internet help line traditional industry transformation, cultivate habits of consumers to pay online, offers a wide variety of home services, referred to as the O2O.

O2O also met this year questioned only by the loss of subsidies to draw lines and traffic on the line, not a long-term solution, and the margins are too low, the industry is difficult to turn a profit in the short term. After the capital tend to be rational, O2O platform began, and once "thousand wars", step by step towards integration and consolidation.

In the United States, and now even the O2O shadow is difficult to see. Due to logistics and cultural differences, "O2O only one China exists. "Piailuo·sijialufei said.

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Friday, October 30, 2015

FTA financial reform issued 40 in Shanghai took the lead in realization of RMB

FTA financial reform issued 40 in Shanghai took the lead in realization of RMB capital item's Exchange

Photo: Getty Images

Bank's website announced on October 30, people's Bank of China, Ministry of Commerce, China Banking Regulatory Commission, the SFC, the China insurance regulatory Commission, the foreign exchange Bureau, Shanghai Municipal People's Government recently has issued the further advance China (Shanghai) open innovation pilot project to speed up free trade zone finance programme of building Shanghai into an international financial centre.

Programme a total of 40 articles, and Shanghai in June compared to the version submitted to the State Council for approval, streamline 10 CLO Shanghai "Shanghai kechuang Center to further strengthen financial services to technology" formulation. The remaining five are basically remain the same.

Research Institute of Shanghai University of finance and free trade zone interface news-General Chen Bo said Shanghai kechuang Center itself has a complete set of support systems, including financial support, FTA and Shanghai financial reform focuses on capital account and financial markets and, therefore, does not stand alone on a construction project is elaborated.

According to the programme content, is the free trade zone to further promote capital account convertibility of the pioneering, and gradually increase the degree of Exchange. Programme, the first to realize renminbi capital account convertibility, research pilot start overseas investment by qualified domestic individual investors, innovate foreign exchange management system, exploring convertible in the free trade zone within the limits of pilot.

The second is to further expand the cross-border use of the Yuan, making it become the world's leading payment, liquidation, reserve and pricing currency. Programme, supports businesses in the free trade zone of the overseas parent companies or subsidiaries to issue renminbi bonds in the territory.

Third, before exploring the access to financial services the national treatment and the negative list, actively promoting the opening of external and internal financial services. Programme to support private capital into the financial sector, support private capital to meet the conditions established by law private banking, financial leasing companies, finance companies, auto finance companies and consumer finance companies and other financial institutions. Under the current legal framework, support the establishment of a foreign health insurance institutions.

Four is to promote internationally oriented financial platform, further enhance the market allocation of resources within and outside of the function. Programme, support accelerated international energy trading center of Shanghai Futures Exchange, listed crude oil futures as soon as possible. Promoting natural gas, refined oil, marine fuel oil and other futures products research.

Five is to adapt to the free trade zone and the Shanghai international financial center building requirements, establish joint monitoring mechanism, strengthen the risk and create a favorable financial environment for development. Programme, support banks and exchange bureaus to strengthen the free trade zone of financial regulatory services, capacity-building, explore the integrated supervision systems in foreign currency to strengthen free trade zone coordination of financial supervision, exploring the functional supervision. In addition, the Shanghai Municipal People's Government will, in conjunction with relevant departments to further improve the financial and credit system construction and other programs.

Full text of the report:

Further advancing the China (Shanghai) open innovation pilot project to speed up free trade zone finance programme of building Shanghai into an international financial centre

To thoroughly implement the Party Central Committee and the State Council decisions and arrangements to advance (Shanghai) free trade zone (hereinafter referred to as the free trade zone) financial openness and innovation pilot, speeding up building Shanghai into an international financial centre, developing the programme.

A, General requirements

Implement implementation Central, and State on financial reform and since trade yan construction of General deployment, tightly around service national, and oriented world of strategy requirements and Shanghai international financial center construction of strategy task, insisted to service entity economic, and promote trade and investment convenience into starting point, according to active sound, and grasp rhythm, and macro carefully, and risk can control principles, speed up advance capital project can exchange, and Yuan across border using, and financial services open and construction oriented international of financial markets, constantly perfect financial regulatory, Efforts to promote free trade zone opening financial innovation pilot and the linkage of building Shanghai into an international financial centre, to explore new ways and accumulate new experience, and timely review and replicated at the right time, to better serve the country's deepening financial reforms and the expansion of financial services.

Second, the first to realize renminbi capital account convertibility

According to overall planning and service entities, principles of risk control, step by step to advance, in free trade zone in the pioneering of RMB convertibility under capital account, gradually increase the degree of convertibility under the capital.

(A) to conscientiously sum up experience in free trade accounts. Hold on to activate free trading account currency and integration operations, further expand free trade account feature. Free trade accounts and foreign currency capital convertibility principle as macro-prudential management.

(B) support the economic agents can move freely through accounts in foreign trade and investment activities, encourage and support the banking, securities, insurance financial institutions to use free trade accounts and other financial innovations, allows the Securities and futures exchanges and the clearing institutions around the free trade system, making full use of free electronic information flow and capital flow between trading accounts, research innovation initiatives.

(C) exploring the pilot start overseas investment by qualified domestic individual investors, timely publish relevant implementing rules, allows eligible individuals overseas industrial investment, real estate investment and financial investment.

(D) formulate methodologies to allow or expand the eligible institutions and individuals in the Securities and futures markets in and outside investment, clear as soon as possible in the territory's securities and futures market cross-border flows of investment management, research support capital markets through free trade accounts, initiate a pilot.

(E) establish under the macro-prudential regulatory framework in the area of financing and capital flow management system, considering the currency, duration matching of assets and liabilities and the need for external debt management and monetary policy, reasonable regulation of foreign financing and investment, optimize the structure of overseas financing, prevention of financing risk.

(F) innovative foreign exchange management system, exploring convertible in the free trade zone within the limits of pilot. Around the construction of free trade zone and the Shanghai world financial center goal, further innovate Foreign Exchange Management System. Relaxing the restrictions on the movement of capital across borders, improve foreign exchange management system of capital balance. Studying ways to further expand the exchange of personal limits. According to the main regulatory principles, non-financial companies in the free trade zone within the limits convertibility. Gradually expanding foreign currency exchange limits, the first convertible.

Third, the further expansion of renminbi cross-border use

Expand the scope of RMB overseas, promoting both trade, industrial investment and financial investment, promote capital and currency "go out".

(G) improve relevant rules, supports businesses in the free trade zone of the overseas parent companies or subsidiaries in the territory of the issuance of RMB bonds, needed to raise funds in domestic and overseas use.

(H) establish eligibility system based on qualified investors, according to the market needs to start free trade zone to which individual cross-border RMB financial support in an overseas operation. Audit Commission August tracking review results

(I) expanding offshore investment return channels. Innovation-oriented international RMB financial products, expanding the scope of overseas investment of RMB financial products, promoting renminbi cross-border flow in both directions.

Four opening and expanding financial services sector both domestically

Explore the negative list system of market access and related reform. Dock high standard international trading rules, discover financial services access national treatment before a negative listing against foreign management model. Promoting the financial services sector to meet the requirements of private capital and foreign institutions open.

(J) to support private capital into the financial sector, support private capital to meet the conditions established by law private banking, financial leasing companies, finance companies, auto finance companies and consumer finance companies and other financial institutions.

(11) support various types of banking institutions by the new legal person eligible agencies, branches, its franchisees, specialized subsidiaries and other ways to enter the free trade zone operations.

(12) support for commercial banks with offshore business qualifications within the free trade zone to expand offshore operations. To risk assessment on the basis of the existing pilot, expanding the scope of pilot banks and businesses at the right time.

(13) support in the free trade zone established in accordance with State regulations for institutional investors of non-standard assets transaction platform.

(14) allows the Securities and futures business in the free trade zone authority carrying out securities and futures business cross-licensed pilot.

(15) allows mutual fund management companies established in the free trade zone specialize in professional fund management subsidiary. Support insurance funds and other long-term funds in accordance with provisions under commissioning securities and futures business in cross-border investments within the free trade zone.

(16) support for securities and futures business institutions in the free trade zone took the lead in cross-border brokerage and cross-border asset management, securities and futures business sector participation in overseas securities and futures and derivatives trading pilot project. Allow the Fund management subsidiary of cross-border asset management, foreign investment advisory services. Support the Shanghai Securities and Futures operation access to interbank foreign exchange market, conducted operations against FX and derivatives trading.

(17) to support established in the free trade zone specializing in overseas equity investment by the project company, supported the establishment of overseas equity investment by eligible investors Fund.

(18) allowed foreign financial institutions to set up joint-venture securities companies in the free trade zone, no more than 49% foreign investment, domestic shareholders is not required for securities companies, expanding a joint venture securities company business scope. Allow qualified foreign institutions in the establishment of joint venture securities investment advisory companies in the free trade zone.

(19) support in free trade zone to set up insurance asset management companies and subsidiaries, Center for the utilization of insurance funds. Support insurance assets management institutions Mezzanine Fund, buyout funds, real estate funds, pension funds, fund health industry private equity fund. Support insurance asset management companies, insurance companies, asset securitization of investment products. Relying on the financial market pilot study on catastrophe bonds.

(20) improve the reinsurance industry chain. Support in the free trade zone set up foreign-funded insurance institutions, setting up a captive insurance company, a mutual insurance company and other new insurance organizations, set up for the development of the insurance industry and provide ancillary services to insurance brokers, insurance agents, risk assessment, loss adjusting, legal consulting and other professional insurance services. Support insurance organizations vigorously carry out cross-border renminbi reinsurance and global policies into the business. Insurance agencies for overseas enterprises in China are encouraged to provide risk guarantees, in the special free trade zone innovation risk spreading mechanisms, energy, aerospace and other special risk insurance business, international capital for domestic catastrophe insurance and special risk insurance offers reinsurance support.

(21) under the current legal framework, support the establishment of a foreign health insurance institutions. Explore the establishment of shipping insurance product registration system. Study launch shipping insurance index.

(22) on the premise of risk control to support innovative development of Internet banking in a free trade zone.

(23) to support the financial development of science and technology to explore investment and loan linkage pilot projects, promotion of entrepreneurship and innovation. On the premise of risk control and legal compliance, allowing perfect technology, such as Silicon Valley Bank financial services characterized by banks and venture capital companies, equity strategic cooperation to explore investment and loan linked, local Government to give the necessary support.

(24) on the premise of risk prevention, research and developing financial management and exploring the establishment of a financial holding company.

(25) in the free trade zone within the open field trial involving national security reviews of foreign investment. Support the of signing a free trade agreement with China National or regional financial institutions take the lead in joint venture financial institutions established in the free trade zone, and gradually raise the stake. In the Mainland and Hong Kong and Macao, the Mainland and Taiwan under the framework of the relevant trade and economic cooperation agreement, increase, Hong Kong, Macao service provider's stake in free trade zone in the shares of financial institutions.

(26) the gathering and development banking, securities, insurance and other financial institutions of all kinds of functionality. Support for large financial institutions to set up operational headquarters in Shanghai. Supporting foreign central banks and international financial organizations in Shanghai and set up a representative office or branch, attracting qualified international banking, securities, insurance companies and other financial institutions in Shanghai to set up branches and functional institutions, as well as the establishment of joint ventures. Support information technology management limited liability insurance company in Shanghai, China set up an innovative subsidiary.

(27) supports free trade zone according to the relevant regulations of the State to set up financial institutions in implementing the "go global" strategy, speeding up overseas distribution network, to expand overseas markets.

Five and speeding up the construction of international financial markets

Rely on innovation and the advantages of opening up free trade zone financial system, give full play to the people's Bank of Shanghai Headquarters coordination function, promoting the construction of platform of international financial markets, widen the channels for foreign participation in the domestic financial market, upgrading the function of configuring resources inside and outside of financial markets.

(28) to support construction of China foreign exchange Trade Center international financial trading platform, enhanced platform services.

(29) to speed up the construction of the follow-up to the international business sector of Shanghai gold exchange, facilitate investor transactions.

(30) the support of Shanghai Stock Exchange [Twitter] in the free trade zone set up international financial asset trading platforms, ordered the introduction of long-term funds outside the progressive involvement of domestic stocks, bonds, funds and other market, exploring the introduction of foreign institutional investor participation in the IPO inquiry placements. Support for the Shanghai Stock Exchange [Twitter] in summing up the Shanghai-Hong Kong based on general experience, meet the needs of domestic and foreign investors, improve trade rules and trade mechanism.

(31) support for accelerating the construction of international energy trading center of Shanghai Futures Exchange, listed crude oil futures as soon as possible. Promoting natural gas, refined oil, marine fuel oil and other futures products research. Allow qualified foreign institutions in the free trade zone of the pilot set up wholly-owned or joint venture futures market service, accept the participation of overseas traders to delegate specific varieties of futures trading in the territory.

(32) supported the establishment of the Shanghai insurance exchanges, promote the formation of reinsurance transactions, price Center.

(33) support the Shanghai clearing house provided to local and foreign investors of shipping finance and commodity OTC derivatives clearing and other services.

(34) equity managed trading institutions to support science and technology small and medium sized enterprises in the free trade zone to provide comprehensive financial services to attract overseas investors to participate in.

Six, strengthen financial supervision and risk prevention

Establishment of a free trade zone development and building Shanghai into an international financial centre, the linkage of financial supervision mechanism, strengthen the prevention of financial risks, and create a favorable financial environment for development.

(35) to improve the financial regulatory system. Explore the establishment of international rules, adapt to the situation of China's financial regulatory framework. Streamlining of administrative approval items, simplify access matters in advance, strengthening the ex-post evaluation and management. Strengthen financial credit information infrastructure construction, promote information sharing, building statistics and monitoring system in line with international standards. Enlarges to the violations of financial credit and market discipline.

(36) to support banks and exchange bureaus to strengthen the free trade zone of financial regulatory services, capacity-building, explore the integrated supervision systems in foreign currency. Innovation Exchange account management system. Integrated Foreign Exchange account type, and optimization methods to improve regulatory efficiency.

(37) free trade zone coordination of financial supervision, exploring the functional supervision. Further free trade zone coordination of financial mechanisms, strengthen cross-sector, cross, cross-markets financial services regulatory coordination and information-sharing. Study on exploring new mechanisms for coordination of Central and local financial regulation. Supports national financial management research to explore the part closer to the market, facilitating product innovation of Shanghai financial regulatory functions delegated to regulatory bodies and financial organizations.

(38) to strengthen the prevention of financial risks. Perfecting the mechanism for monitoring and analysis of cross-border flows, strengthening anti-money laundering, anti-terrorist financing and anti-tax evasion mechanisms. Cross-industry, cross-market and cross-border financial institutions development, open finance initiative, set up and perfect the system of early warning, prevention and solution system, hold no systematic and regional financial risks the bottom line.

(39) and actively improve the financial environment for development. Shanghai Municipal People's Government, in conjunction with relevant departments to further improve the financial credit system construction and other programs.

(40) the pilot measures and administrative regulations or the State Council document, approved by the State Council Department rules are inconsistent, make adjustments in accordance with the procedures to request the State Council to implement decisions.

Tuesday, October 27, 2015

Shanghai film first anniversary of the introduction of the new deal produced

On October 27, 2014, promulgated by the municipal party Committee propaganda Department of Shanghai Municipal Government, the municipal Broadcasting Council, the City Board of 9 ministries, such as the joint development of the policy for the promotion of Shanghai film development, financial support, finance, tax, land use planning, personnel training linkage, District 7 for the film industry, such as each link of the chain support. Withholding of seven policy restricts the development of Shanghai film bottleneck for Shanghai film industry development to create a favorable policy environment.

At present, the Shanghai "Thirteen-Five" movie theater construction planning and the "Thirteen-Five" film industry development plan has a draft for comment, two "Thirteen-Five" planning the final, there will be healthy and orderly development of Shanghai film industry played an active role.

Shanghai film first anniversary of the introduction of the new deal: produced in Shanghai this year earned more than doubled last year

On June 22, 2014, Natalie Portman (Natalie Portman) to attend the 17th Shanghai International Film Festival. Liu zhe surge information

Movies index a significant growth in Shanghai

These policies are driven by a year, the Shanghai film industry index has increased significantly.

Producer, movie companies, film and record number, produced significantly improved. In the city under the lead of broadcasting, film and television Bureau, Vancouver film school set up in Shanghai as an opportunity to Zha bei major interntional Park on the ring, planning, optimization of Shanghai film production environment, speed up the subject of quality film-making in Shanghai, gradually forming film and television talent, creativity in the early hatching, agglomeration effects of post-production.

High quality ones in Shanghai, a group of filmmakers began to return to Shanghai, a number of quality works is in Shanghai. In 2011, Shanghai has 64 film company, as of June 30, 2015, that figure grew to about 164, gather a Unicorn pictures, horse pictures, travel pictures, Guangdong alfy, rice film, rice science and technology and a number of local private enterprises. Shanghai produced the box office so far this year was 600 million, more than doubled last year.

Market, the box office numbers, movie attendance, date, time, number of cinema significantly. The end of 2010, there are 11 cinemas opened cinemas in Shanghai, at the end of June 2015, a total of 24 open theater cinemas in Shanghai, theater reviews reached 201, the city's total number of screens to 984, 159,412 the total number of seats and screens reached 0.39 per million people.

Meanwhile, Shanghai as "enterprises management, market operation, the Government procurement of services" idea, deepen the reform of rural show. Shanghai rural mobile cinema team for the first all digital projection equipment conversion, covering 9 counties in the city, more than more than 1700 villages 342 neighborhood committees, 9 consecutive years to reach the State's "one village, one month of seeing a movie" film screenings in rural areas the project objectives.

Shanghai film first anniversary of the introduction of the new deal: produced in Shanghai this year earned more than doubled last year

Wanrong road, Shanghai No. 700, major interntional Park on the ring part of the scene. Wang Chen surge information

Optimize the environment of Shanghai film shoot Shanghai International Art Festival good performances

As the seventh in a number of policies to promote Shanghai film development policy in October 2014, the Shanghai film services was formally established, providing consulting and coordinating two totle 115 service, effective optimization of Shanghai film shooting environment, intention to attract a number of quality works in Shanghai.

At the end of May 2015, Shanghai film service has accepted more than more than 545 cases of services related to Shanghai, more than 100 enterprises, and achieved a compliance rate of acceptance 100%. From the Consulate to the prison, various "exotic" shot, where the stranded crew, agency Rep will return within 3 days; regardless of registration also apply for film and television drama production license, any link on the chain, producers a multitude of body shots immediately.

On June 4, 2015, Shanghai film services established the city's first workstation – the zhabei district and country stations, mainly for various subjects to zhabei shot movies offers free advice, coordinated services, including the coordination of policy advice, the viewfinder, shooting equipment and post production units provide information and expertise to introduce 20 services. Zhabei station was established and will contribute to the film and television business and film crew teams, provide more efficient, convenient and thorough service. It is reported that the agency strives to all districts and counties have set up workstations.

Shanghai film service has become a window of the Shanghai film industry, and a chain reaction, also allows more film and television agency to see Shanghai's determination to revitalize the movie industry, was founded a few months, has already registered more than more than 60 film and television agency to Shanghai, added 60%-70% over the past.

International film Exchange to enhance the urban brand

In 2014, the Shanghai International Film Festival in multiple exchanges on the basis of defined "pay attention to Asia, Chinese and the new" section positioning, to discover and cultivate Asian film new responsibility, Asia films, Chinese films, the key platform for a new push. In 2015, the Film Festival Awards model through upgrades upgrades, forum topic, project venture cooperation leads, and so on, continue to boost the development of Chinese film industry, mining and cultivate Asian film Rookie, to achieve "Asian film" dreams.

In recent years, the Film Festival Committee to enhance the Jin Jue Award with professionalism and credibility in Asia award made a lot of efforts, in particular the establishment in 2004 of the "Asia Award", in the 18th session of the Shanghai International Film Festival, first used in Asia Award "nomination" in recognition of outstanding performance in Asia in the form of movie newcomers. This year, Shanghai and Tokyo two International Film Festival has reached a number of cooperation programmes, including "Shanghai-Tokyo train", aimed at promoting Asian film creation and the forces nouvelles, the project has produced initial results. Recently, the 28th Tokyo International Film Festival has announced the contest and Festival shortlist. Recommended by the Shanghai International Film Festival, this film festival Asian Award for best film and best director nomination for the juvenile Babylon shortlisted Tokyo International Film Festival newcomer competition "future of Asia". The other two from the Shanghai International Film Festival, Tokyo International Film Festival featured new works to the river and was admitted to the finalists of the "focus on the world" screening unit.

In addition, the Shanghai film festival has also been actively building project venture platform, Internet movie series organized activities such as training Asian movie new blood. Film festival films an average annual increase in the number 6.65%, promoted Shanghai's international cultural influence.

Accelerating the construction of international film talents

Docking in Shanghai International mainstream film industry standards, strengthening the high-end film education and training of professionals, the movie "research use" integrated development pattern, formed from the film knowledge to the high-end talents of multi-layer film education system.

Shanghai film first anniversary of the introduction of the new deal: produced in Shanghai this year earned more than doubled last year

On June 1, 2015, the Vancouver film school students are in class. Surging pregnancy induced hypertension information

On June 15 last year, the Shanghai International Film Festival release Vancouver film school in Shanghai, and Shanghai University, Shanghai, Vancouver film school, film production, Visual Media, sound design, 3D animation and Visual effects, film and television make-up design, game design, and other professionals. The move was seen as Chinese movie talent cultivation and official international standards of a big move. Vancouver film school, Shanghai flagship cycle 1-year intensive study. A year without summer, at least 1500 hours. General movie talents in colleges and universities training teachers, equipment, and the difficulty in developing a truly international-class talent. Shanghai Vancouver film school has been done in this area to make up for it.

On September 23 this year, the first batch of a total of 71 students come graduation. Film and television companies, including the Unicorn pictures captures this sense of talent cultivation in the early atmosphere, throws ball to college graduates. Include the Director, screenwriter, producer, special effects, such as the direction of the four graduates into the Unicorn pictures, and during the study period, they were also involved in the production of the Unicorn pictures movies and Hollywood to build the birth of the Dragon.

In addition, this year the Shanghai Science and Technology University of Southern California film school, established writers training course for Chinese writers talents for the film, apart from the Vancouver film school, Shanghai University, Shanghai University, Shanghai film Academy was set up, and hired Chen to serve as the first President.

Shanghai is trying to create to attract people, inspire people, to lead the people, using people and retain people of the industrial environment and creative atmosphere, encourage the cultivation of outstanding talent and gathering.

Shanghai film first anniversary of the introduction of the new deal: produced in Shanghai this year earned more than doubled last year

United States film Finance Corporation (FFI) in Shanghai free trade area. Yong Kai surge information

Explore Shanghai film industry needs financial innovation

Shanghai is constantly improving film financing system in Shanghai, attracted the participation of social capital to broaden financing channels, with tax leverage all aspects of the industry chain. Learn from internationally "completion guarantee mode" (completion guarantee), indigenous innovation, exploring Shanghai film industry investment and financing mechanism of the demand characteristics and the service modes.

Completion guarantee is designed to avoid the risk of film and television production, guarantee the investor invests in video product to conform to previous conventions of form and content requirements, and delivered on time within budget financing guarantee products. With China's film industry in recent years of explosive growth, "completion guarantee" an important link of the mature film industry gradually into the view of Chinese producers. On January 19 this year, the world's largest film completion guarantee companies, United States film Finance Corporation (FFI) was set up in Shanghai, China, Shanghai free trade area. Film finance company to enter China, responsible for people has been in China for a two-year investigation, in addition to Shanghai and other cities to the FFI also throws up the ball. Eventually settle in Shanghai, thanks to Shanghai last year introduced a series of film new deal and the opening of FTA policies. After the film Finance Corporation in China, except for local film to provide security, co-productions and overseas film shoot will be its business in China.