China Everbright Bank to kick off online

China Everbright Bank has a plan in order to grow up their company.

Acconding to the plan, there are a benefit which has a plan to increase its initial public offering in shanghai to 20 billion yuan. China Everbright Bank would operate on the internet in order to promote its stock announce its IPO price, but China Securities Journal who is familiar with the issuance saying IPO price set at 3-3.3 yuan per shareholder. China Everbright Bank has a plan to increase the issue up to 6.1 billion shares in the IPO.Not only increasing the issue but also a green shoe option will offer from shareholder by 15 percent to 7 billion shares. Chinese bank have rushed in order to increase fund in this year and raise up IPO, Bonds and share sales.After that, the government will request lenders, so as to grow up their capital reserves after a lending activities last year. China Everbright bank is planned to be listed on the shanghai Stock Exchange on Aug. 18

In my opinion, China Everbright Bank should have more working in order to increase their opppotunities to invest in or make a lot of money for their business.

URL - http://www.china.org.cn/business/2010-08/06/content_20657533.htm

Central bank reiterates its monetary policy

Central bank loose their monetary policy and increase their financial support in order to encourage the economic development. First of all, they will apply their own miltiple monetary tools such for keep their increasing in the money supply in a bid to kill a balance between the need of money investment in economic development and the control of inflaction. Secondly, they repeated again abut their monetary policy which is making the policy have more specific and more flexible continuity and stability at the same time. Furthermore, they promise that they will improve their exchange rate and increase their financial support in order to promote their transform about their economic growth plan and improve their economic structure. Acconding to PBOC, china's broad money supply support money cash in a circulation and all deposit.At the end of June, marked was increase, but marked was decrease last month.Therefore, the bank also warned about risks of domestic inflation.

URL - http://www.china.org.cn/business/2010-08/06/content_20651849.htm

China puts research satellite into orbit

The China-developed Long March 2D rocket which is institution had sent the scientific research satellite named "Shijian XII."

Shijian XII launched in northwest in Gansu Province. These satellite can research a lot of thing. It can carry out experiments and check an environment in a spec, measurement, and communications. China try to practice how to make a lot of advantages for using this satellite. China produced the first of Long March rocket in 1970. Today, there are many satellite has been sending into a space.

In my opinion, there are many benefical for using satellite in order to make advantages for their country and the world because if they can use it in a good way, they can protect an environment and help poor people to be a good life and all people will comfortable in order to have a easy life.

URL - http://news.xinhuanet.com/english2010/photo/2010-06/15/c_13351605.htm

China to continue its efforts to tackle climate change

China have continue to work in order to solve the climate change problem.

Premier Wen Jiabao said that he wrote a letter to UN secretary. General Ban Ki-moon and danish Prime minister Lars lockke Rasmwsen in order to commend and support about the Copenhagen Accond. China would like to support the Cpenhagen Accond. This issue of climate change in volve in human survival, the interests and economy in their inernational communities, and this topic are interested in any counties. China try to decrease carbon dioxide per unit of gross domestic product by 40-45 percent.

In my opinion, the government in china is doing a good job for helping their citizen and make a better environment for their people, and also they tried to grow up an economy.

URL - http://www.china.org.cn/china/NPC_CPPCC_2010/2010-03/14/content_19605452.htm

China Complete second undersea Tunnel

China digged to build an under sea tunnel for linking the east and west parts of Qingdao province. This is a second undersea tunnel in China. The first undersea tunnel is connecting at Xiamen island and the mainland in Fujian province. The second undersea tunne3l named "Qingdao's jiaozhou Bay Undersea Tunnel" is running with 3.95 kilometers undersea and connect the unban Tuandao district and Xuejia Island in Huangdao District. These undersea tunnel cost 485 million U.S dollars. I think these can help people for driving a car to other places. It is not waste of time to drive, but it is comfortable for people who have to used this tunnel. These undersea tunnel cut travel time to go from one side to other side from a hour to ten minutes.

URL - http://www.chinacartimes.com/2010/06/12/china-completes-second-under-sea-tunnel/

Asian Game to Speed Guangzhou Development

China plan Guangzhou to be developed and use this city to open the 2010 Asian Games in order to employ people who unemployed, grow up tourism and comsumption.

Yin Tao, director of the Institute of Industrial Economy and Enterprise Management at the Guangzhou Academy of Social Sciences, said that they will add 815 billion yuan for the Asian Game. These expected to create 475,000 jobs, 150,000 foreign traveller and 500,000 domestic tourists so as to visit Guangzhou. China expected to earn much more money. It's about 542 million - 1 billion yuan.

In my opinion, Asian Game can make a lot of benefits for China because it can get a lot of money and many tourists will come to there, see the Asian Game and travel in Guangzhou. It can make a lot of jobs for chinese people as well

URL - http://www.chinatraveldepot.com/N835-Asian-Games-to-speed-Guangzhou-development-(2010-8-5)

macao reconds 778 new companies in Q2

There are 778 new companies which were incorporated and made profit increasing 18.4 percent over last year.

The number of released demonstrated that these new companies were operating in whole sale and retail in 300 companies which registered captal to US$ 6.9 millon while 120 work in business services and 103 perform in real estate. The total registered capital increased up to 66.9 percent on the same period, incresing about US$17million. Some new companies enrolled capital under US$6,250 and the value made up only 9.7 percent, acconding to the city's Statistics and Census Service (DSEC). More than 80 percent of the new incorporations were company limited. Most capital of the new companies came from Macao about 61 milion patacas. the chinese mainland about 35 milion patacas and Hong Kong about 10 milion patacas.

There are many advantages for incorporating new companies because they can make a lot of profits and they will have an opportunity to invest in their companies as well.

URL - http://www.china.org.cn/business/2010-08/06/content_20657044.htm