三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

  Home>News Center>China
       
 

Tianjin to raise funds to develop new area
By Feng Jie (China Daily)
Updated: 2006-03-10 05:57

China's first industrial fund is likely to be set up soon in Tianjin, in order to finance the development of a proposed national-level economic development area, officials with the city said yesterday.

"Preparations are under way, and (the fund) will probably start operating shortly," said Li Yali, director of the city's Development and Reform Commission.

The Bohai Industrial Fund is expected to raise 20 billion yuan (US$2.4 billion) from the public to fund the industrial development and infrastructure construction of the Binhai New Area (BNA) to be set up in Tianjin. The first issuance will total 5 billion yuan (US$617 million). A company will be set up to manage the funds.

Li said the city is also planning a new reinsurance company to support the growth of the BNA, but declined to give any further details.

"We are also going to establish a reinsurance company for the Binhai New Area," he told China Daily. "We are still working on the plan."

Dai Xianglong, mayor of Tianjin, said the establishment of industrial funds will help reduce the Chinese economy's heavy reliance on indirect financing, or bank loans. The State has been trying to promote direct financing in recent years, including the stock market and bond market.

The State Development and Reform Commission approved the proposal by Tianjin last November to establish the nation's first mutual fund that invests in industrial projects. Many mutual funds have been set up in recent years to invest in the capital market.

Tianjin will also experiment with the trading of industrial funds, so that, "through certain markets and trading platforms, (we can) make it become liquid," Pi Qiansheng, chairman of the BNA's Administrative Commission, said without elaborating.

"We are drafting a plan, which will be submitted to the State Council for approval," he added.

(China Daily 03/10/2006 page2)



Sandstorm hit Hohhot
Counterfeit name brands confiscated in Beijing
Panda plays with "puzzle feeder"
  Today's Top News     Top China News
 

Corruption in mining investment faces action

 

   
 

Japan FM's remarks on Taiwan condemned

 

   
 

Officials to be liable for bad investment

 

   
 

Legislators to step up supervisory work: Wu

 

   
 

US trade deficit reaches record US$68.5b

 

   
 

Binhai area promises big growth

 

   
  Officials to be liable for bad investment
   
  Tianjin to raise funds to develop new area
   
  Migrant workers' families need aid
   
  Forestation proposed to curb salt tide in the south
   
  Projects to further protect migrant workers
   
  NPC deputy calls for promoting Chinese
   
 
  Go to Another Section  
 
 
  Story Tools  
   
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 极品国模私拍福利在线观看 | 黄色视频毛片 | 亚洲精品久久久久久下一站 | 亚洲xx站 | 在线播放国产一区 | 午夜看黄 | 美国一级毛片免费看 | 久久riav国产精品 | 日韩在线观看一区 | 女人天堂网在线观看2019 | 最新国产精品自拍 | 日韩毛片 | 亚洲专区区免费 | 亚州三级| 亚洲成综合 | 91av官网 | 免费久福利视频在线观看 | 欧美色爱综合网 | 亚洲精品αv一区二区三区 亚洲精品不卡 | 亚洲成片 | 午夜视频偷拍在线观看免费 | 那种视频在线观看 | 国产午夜久久影院 | 日本中文字幕不卡免费视频 | 欧美成人26uuu欧美毛片 | 亚洲第一页在线播放 | 欧美日韩精彩视频 | 国产精品视频公开费视频 | www.亚洲第一| 亚洲午夜在线观看 | 91热视频在线 | 免费网站成人亚洲 | 特大一级aaaaa毛片 | 久久婷婷色一区二区三区 | 99精品视频在线观看re | 亚洲综合图区 | 久久夜色撩人精品国产 | 污91视频 | 青青青在线日本免费视频 | 国产黄网在线 | 国产人成精品午夜在线观看 |